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Private Equity Alert Jan 09 1

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Private Equity Alert Jan 09 1
Private Equity Alert
January 2009 Weil News n n

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The 2009 Edition of Best
Lawyers in America named our following partners in the areas of Leveraged Buyouts, Private
Equity Law or Private Funds Law:
Christopher Aidun, David Duffell,
Shukie Grossman, David Kreisler,
Steven Peck, Charles Robins,
Jay Tabor, Jeffrey Tabak, Doug
Warner, Glenn West, James
Westra and Barry Wolf
Weil Gotshal advised Lehman
Brothers Holdings Inc. in connection with the management buyout of Neuberger Berman and certain of its alternative asset businesses Weil Gotshal advised NBC
Universal Inc. in connection with the consummation of the $3.5 billion acquisition of The Weather
Channel by NBC Universal Inc., The
Blackstone Group and Bain Capital
Weil Gotshal advised Providence
Equity Partners in connection with its $290 million going private acquisition of eTelecare Global
Solutions, Inc.
Weil Gotshal advised Getty
Images Inc. in connection with its
$2.4 billion public-to-private sale to Hellman & Friedman
Weil Gotshal advised WL Ross &
Co. in connection with its $1.1 billion acquisition of Option One Mortgage
Corporation from H&R Block
Weil Gotshal advised Advent
International Corporation in connection with its acquisition of
Hudson Group’s retail business
Weil Gotshal advised Avista
Capital Partners in connection with the $4.1 billion acquisition of the ConvaTec business unit of
Bristol-Myers Squibb Company

Fear and Greed
By Doug Warner (doug.warner@weil.com) and Michael Weisser (michael. weisser@weil.com) Let’s cut to the chase. This past year was an annus horribilis for the private equity industry. The financial crisis that started with the credit crunch in the summer of
2007 and accelerated with the collapse or bailout of numerous financial institutions worldwide in the fourth quarter of 2008 left many victims in the private equity industry in its wake.
Pundits have recently predicted that this financial crisis would result in a secular change in the market for

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