A federal judge in Philadelphia agreed to stay proceedings in a fight between Radnor, Pa.-based Airgas and its former law firm Cravath Swaine & Moore until Delaware’s Chancery Court decides whether the law firm should be enjoined from representing Airgas competitor Air Products & Chemicals in its bid to take over Airgas.

Both companies had been clients of Cravath’s for years. Airgas alleges Cravath dumped the company as a client after nine years in order to represent a 40-year client, Air Products, in the deal. Airgas also alleges Cravath was working on financing deals with Airgas at the same time it was advising Air Products in the transaction.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]