U.S. FEDPeople moves
Weil and Willkie end merger discussions, Bloomberg Law reports
Weil Gotshal & Manges and Willkie Farr & Gallagher ended discussions about a potential merger, Bloomberg Law reported, citing two people familiar with the matter. The report identified Willkie as the previously unnamed prospective merger partner in Weil’s talks and said neither firm responded to requests for comment.
Announcement (Bloomberg Law) →
Key points
- The discussions ended on October 22, according to Bloomberg Law’s sources.Bloomberg Law
- The firms had signed a nondisclosure agreement to discuss a combination, Bloomberg Law reported.Bloomberg Law
- Bloomberg Law reported that Weil had experienced partner departures in recent weeks.Bloomberg Law
- Bloomberg Law reported partners leaving for Sidley Austin, Davis Polk and Cravath, and cited a Wall Street Journal report of a move to Paul Weiss.Bloomberg Law