Stories by Neal
In what the California Film Commission said is a sign that Hollywood is ready to return to work, the agency announced $40 million in tax credits.
Quarantine prompts a ‘sea change’ for operations
Los Angeles law firms have undergone dramatic changes in less than three months — a response to the Covid-19 quarantine and emerging technology.
While some firms are posting gains, category still faces a long road back
Covid-19 caused private equity fund managers to slam on the brakes but now they're facing some of the most complex deals of their careers.
Businesses may see hikes after vandalism, virus
Businesses throughout L.A. County will almost certainly face some combination of insurance rate increases, coverage cutbacks and new protective requirements as a result of recent looting and virus vulnerabilities.
NY firm adjusts after mass defections by partners
At the height of a heady courtship in February 2017, Chris Caldwell found himself on Manhattan’s Upper East Side, being wooed over dinner at the fashionable Harry Cipriani restaurant by David Boies, perhaps the preeminent trial lawyer of his generation.
Post-lockdown period will lead to ‘very busy’ time
For 23 years, Barbara Hammers’ family law practice Hammers & Baltazar, with offices in Santa Monica and West L.A., hummed along. As one divorce case ended, another walked in the door, providing a steady income.
Impact of virus cited for downgrade
Moody’s Investors Service Inc. has downgraded Beverly Hills-based William Morris Endeavor Entertainment’s new term loan further in the junk bond range.
Company’s planned $800 million debt issuance gets junk level status
S&P Global Inc. has downgraded Live Nation Entertainment Inc.’s credit rating to junk bond status with a negative outlook and rated the company’s proposed $800 million issuance of senior secured notes at junk level.
Julie Miller-Phipps leads Kaiser Permanente’s expansive response to the Covid-19 crisis in the LA market
Among those with major responsibility for managing the response to the Covid-19 contagion in Los Angeles, Julie Miller-Phipps shoulders one of the heaviest loads.
Moody’s downgrades agency
Moody’s Investors Service downgraded its outlook for Beverly Hills-based WME IMG Holdings to negative from stable and lowered the company’s credit rating.
Agency suffers downgrades
Creative Artists Agency has been downgraded in the junk bond range by two credit ratings agencies, with each saying the pandemic has highlighted CAA’s high debt level.
Arrivals boost firm’s media, entertainment practice
The downtown office of law firm King & Spalding has lured away 12 partners from Boies Schiller Flexner, striking a blow to the rival firm’s major media company practice.
Government investment vehicle buys $500M in common stock
Saudi Arabia’s sovereign wealth fund has purchased 5.7% of Live Nation Entertainment Inc.’s common stock, the fund disclosed April 27 in a filing with the Securities and Exchange Commission.
‘Swamped’ attorneys racing to keep up with changes
Perhaps no sector of Los Angeles legal practice has been upended more than employment law in recent months, say both practitioners and observers, noting increases in requests for guidance on new laws prompted by the pandemic.
Moody's downgrades its outlook for WME IMG Holdings.
Fund acquires 12 million shares through common stock purchase.
King & Spalding has lured away 12 partners from Boies Schiller Flexner.
Debt enters junk bond territory
S&P Global has dropped its rating for Endeavor Operating Co. and Endeavor’s subsidiary, WME IMG Holdings, to the middle of the junk bond range and called into question the firm’s future viability.
Promoter also secures $120 million revolving credit facility loan
Live Nation Entertainment Inc. has taken significant steps to boost its financial condition.
Michael Milken devotes his resources to combat Covid-19
Michael Milken is directing Milken Institute resources to battle the Covid-19 crisis.
Company’s debt hits junk bond level
S&P Global has dropped its rating for Endeavor Operating Co. and Endeavor’s subsidiary, WME IMG Holding, to the middle of the junk bond range and called into question the firm’s future viability.
NBCUniversal’s new Peacock streaming service has landed marquis advertisers Verizon, Subaru, L’Oreal, Molson Coors and Capital One ahead of its April 15 rollout.
Entertainment lawyer James Curry joins Loeb & Loeb.
Some of LA’s top lawyers weigh in on their changing industry — and offer guidance for businesses
An all-star panel of L.A. attorneys share insights into how their business clients' legal needs are evolving, how tech is changing their industry and more.