The Am Law Daily Names Joe Shenker Dealmaker of the Week

April 1, 2012
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On April 1, The Am Law Daily featured Mr. Shenker as Dealmaker of the Week. Mr. Shenker was recognized for his role advising Frank McCourt in the proposed sale of the Los Angeles Dodgers out of bankruptcy to Guggenheim Baseball Management for $2 billion. Am Law reported that Mr. Shenker was approached during Mr. McCourt's divorce to Jamie McCourt when a marital property agreement drafted by another law firm was ruled invalid, leaving Jamie McCourt to claim co-ownership of the Dodgers. S&C advised Mr. McCourt on the divorce settlement, which was finalized in October 2011, and then continued with negotiations with Major League Baseball to finalize the Dodgers sale. The deal process presented numerous challenges along the way, and the S&C team dedicated more than a year to this matter. The complexity of the issues pulled in lawyers from several practice areas to address matters related to marital property and divorce law, MLB regulations, media laws, bankruptcy and, of course, M&A. In the end, Mr. Shenker concluded, “It's one of those cases where everyone is a winner and no one is a loser.”