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Publication Date: 2024-09-24
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
for defendant: Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, James M. Yoch, Jr., Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; William Savitt, Sarah K. Eddy, Adam M. Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants.
Case Number: 2018-0372-JTL
Former limited partners' alternative theories of recovery against general partner in breach of partnership agreement action failed where Delaware Supreme Court had found general partner's reliance on outside counsel's opinion was entitled to conclusive presumption of good faith.
Publication Date: 2024-08-28
Practice Area: Bankruptcy | White Collar Crime
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. Bankruptcy Court, U.S. - SDNY
Judge: Bankruptcy Judge John P. Mastando, III
Attorneys: For plaintiff: Attorneys for the Plaintiffs Joint Liquidators By: Jeffrey L. Jonas, David J. Molton, Marek P. Krzyzowski, Brown Rudnick LLP, New York, NY.
for defendant: Counsel for UBS Jersey Nominees Limited By: Marshall R. King, Gabriel Herrmann, Gibson, Dunn & Crutcher LLLP, New York, New York.
Case Number: 10-03636
Adversary Proceeding in Ponzi Scheme Case Is Denied Dismissal for Lack of Jurisdiction
Publication Date: 2024-08-13
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys: For plaintiff: John G. Harris, Halloran Farkas + Kittila LLP, Wilmington, DE for plaintiff.
for defendant: Stephen C. Norman, Jaclyn C. Levy, Emma K. Diver, Potter Anderson & Corroon LLP, Wilmington, DE for defendant.
Case Number: 2022-1053-NAC
Court denied motion to vacate judgment dismissing action to enforce information rights on res judicata grounds where existence of underlying clinical trial data had been known to parties in prior action, where they could have sued to enforce their information rights.
August 1, 2024 | The American Lawyer
This is the second high-profile funds move in the city on Thursday, after Paul Weiss hired another Kirkland & Ellis funds partner.
2 minute read
July 31, 2024 | The American Lawyer
The move comes as the firm continues to grow in London.
2 minute read
July 25, 2024 | The Legal Intelligencer
Although the department and IRS are seeking comments to the guidance, plans may generally rely upon the guidance in administering emergency personal expense distributions and domestic abuse victim distributions.
6 minute read
July 17, 2024 | Legaltech News
Since its founding in 2023, Leya, which offers a generative AI assistant that streamlines a number of legal tasks, has expanded to 10 European markets and has its sights set on a U.S. expansion.
4 minute read
Publication Date: 2024-07-12
Practice Area: Civil Procedure | Judges
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. Court of Appeals for the Second Circuit
Judge: Per Curiam
Attorneys: For plaintiff: For Plaintiffs-Appellants: Gregory Rapawy, Eliana Margo Pfeffer, on the brief, David C. Frederick, Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., Washington, DC.
For Plaintiffs-Appellants: Christopher M. Burke, Scott+Scott Attorneys at Law LLP, New York, NY.
For Plaintiffs-Appellants: Walter W. Noss, Kate Lv, Scott+Scott Attorneys at Law LLP, San Diego, CA.
For Plaintiffs-Appellants: George A. Zelcs, Chad E. Bell, Ryan Z. Cortazar, Korein Tillery LLC, Chicago, IL.
For Plaintiffs-Appellants: Glen E. Summers, Karma M. Giulianelli, Bartlit Beck LLP, Denver, CO.
for defendant: For Defendants-Appellees The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC: Matthew J. Porpora, Jonathan S. Carter, on the brief, Richard C. Pepperman II, Sullivan & Cromwell LLP, New York, NY.
For Defendants-Appellees Bank of America Corporation, BofA Securities, Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated: Adam S. Hakki, Richard F. Schwed, Shearman & Sterling LLP, New York, NY.
For Defendant-Appellee Barclays Capital, Inc.: Barry G. Sher, Kevin P. Broughel, Paul Hastings LLP, New York, NY.
For Defendant-Appellee Credit Suisse Securities (USA) LLC: Herbert S. Washer, Sheila C. Ramesh, Adam S. Mintz, Cahill Gordon & Reindel LLP, New York, NY.
For Defendants-Appellees JPMorgan Chase & Co. and J.P. Morgan Securities LLC: Robert D. Wick, John S. Playforth, Covington & Burling LLP, Washington, DC.
For Defendant-Appellee NatWest Markets Securities Inc: Paul S. Mishkin, Adam G. Mehes, Davis Polk & Wardwell LLP, New York, NY.
For Defendants-Appellees Citigroup Inc. and Citigroup Global Markets Inc.: Jay Kasner, Karen M. Lent, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY.
For Defendant-Appellant Deutsche Bank Securities Inc.: John F. Terzaken, Adrienne V. Baxley, Simpson Thacher & Bartlett LLP, Washington, DC.
For Defendants-Appellees Morgan Stanley, Morgan Stanley & Co. LLC, and Morgan Stanley Smith Barney LLC: Richard A. Rosen, Brad S. Karp, Susanna M. Buergel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Kannon K. Shanmugam, Jane B. O'Brien, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, DC.
For Defendants-Appellees Wells Fargo & Co., Wells Fargo Securities, LLC, and Wells Fargo Clearing Services, LLC: Jayant W. Tambe, Laura W. Sawyer, Amanda L. Dollinger, Jones Day, New York, NY.
Case Number: 21-2905
Judgment Vacated; Statute, Precedents Required Judge's Pre-Judgment Disqualification
Publication Date: 2024-06-25
Practice Area: Mergers and Acquisitions
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Wallach
Attorneys: For plaintiff: Francis J. Murphy, Jr., Jonathan L. Parshall, Murphy, Spadaro & Landon, Wilmington, DE; Steven M. Coren, Benjamin M. Mather, Matthew R. Williams, Kauffman, Coren & Ress, P.C, Philadelphia, PA for plaintiffs.
for defendant: Brian M. Rostocki, Anne M. Steadman, Justin M. Forcier, Reed Smith LLP, Wilmington, DE; Jonathan K. Youngwood, Janet A. Gochman, Tyler A. Anger, V. Noah Gimbel, Katherine A. Hardiman, Simpson, Thacher & Bartlett, New York, NY; Kevin R. Shannon, Daniel Rusk, Potter Anderson & Corroon LLP, Wilmington, DE; Tracy Richelle High, Scott A. Foltz, Sullivan & Cromwell LLP, New York, NY for defendants.
Case Number: 15-00897-EJW
Court did not err in denying class certification where its rulings did not constitute an impermissible "prediction" of plaintiffs' success on the merits and where there was no authority precluding the court from considering loss causation.
June 24, 2024 | Legaltech News
Six months into 2024, and it's clear that legal tech funding is slowly, but steadily, bouncing back, spurred in significant part by booming interest in generative artificial intelligence.
1 minute read
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