Taylor Wessing has lost its battle to stop Nixon Peabody hiring 12 partners after a trial judge ruled the US firm violated no law despite agreeing to a two-year moratorium on recruiting from Taylor Wessing in the wake of failed merger talks, reports The American Lawyer.
The ruling by Judge Kenneth Fisher calls into question the kind of non-compete agreements that make merger talks between firms possible, says Dreier name partner Marc Dreier, who represented Taylor Wessing in litigation stemming from those failed talks.
