Instead of greeting cards, Marty Lipton and Carl Icahn are exchanging lawsuits ahead of the holidays this year. The latest missive arrived on Wednesday, courtesy of Wachtell, Lipton, Rosen & Katz, opening a new front in an escalating spat that began when one of Icahn’s takeover targets accused Lipton’s partners of malpractice two months ago.
There’s little love lost between Icahn, the corporate “hell-raiser,” and Lipton, who spent his career honing defenses to hostile takeovers as a founding partner at Wachtell.
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