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May 29, 2024 | New York Law Journal

Cleary Helps Crypto Lender Genesis Settle With New York Attorney General, Win Approval for Reorganization Plan

Sean O'Neal, Tom Kessler, and Jane VanLare of Cleary Gottlieb Steen & Hamilton helped Genesis win approval for the settlement of the AG's Martin Act claims and its plan of reorganization, where dollar creditors are estimated to receive 100% of their claims and cryptocurrency creditors have estimated average recoveries of 77% on an in-kind basis.
5 minute read
May 24, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
177 minute read
May 24, 2024 | Litigation Daily

Litigators of the Week: Cleary Helps Crypto Lender Genesis Settle With NYAG, Win Approval for Reorganization Plan

Sean O'Neal, Tom Kessler, and Jane VanLare of Cleary Gottlieb Steen & Hamilton helped Genesis win approval for the settlement of the AG's Martin Act claims and its plan of reorganization, where dollar creditors are estimated to receive 100% of their claims and cryptocurrency creditors have estimated average recoveries of 77% on an in-kind basis.
5 minute read
May 23, 2024 | The American Lawyer

What Does Big Law Stand to Gain From Slow AI Adoption?

Observers in the legal tech industry speculate that firms' caution stems from a commitment to a profitability model dependent on high leverage and hourly billing.
8 minute read
May 22, 2024 | New York Law Journal

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

View more book results for the query "Cleary Gottlieb Steen "

May 22, 2024 | The American Lawyer

Are Law Firms Headed for an Era of Rapid Staff Turnover?

"Whether it's due to redundancies, retirement or switching firms, support staff turnover seems to be fixed at a high rate for the foreseeable [future]," a recent report concluded.
6 minute read
May 22, 2024 | Litigation Daily

How One of the World's Largest Institutional Investors Approaches Litigation

Beata Gocyk-Farber, the lead litigation counsel for Norges Bank Investment Management, spoke about the Norwegian pension fund's "cautious but assertive" approach to securities litigation.
6 minute read
May 22, 2024 | The American Lawyer

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read
May 20, 2024 | National Law Journal

New York Reaches $2B Settlement with Bankrupt Crypto Lender Genesis

The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October and establishes a victims' fund for Genesis' creditors, with the firm neither admitting nor denying the allegations.
3 minute read
May 20, 2024 | New York Law Journal

NY Reaches $2B Settlement With Bankrupt Crypto Lender Genesis

The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October, and establishes a victims' fund for Genesis' creditors, with the firm neither admitting or denying the allegations.
3 minute read

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