Paul, Weiss, Rifkind, Wharton & Garrison offices in Washington, D.C. March 24, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.
Paul Weiss partners Ted Wells and Jack Baughman were awarded Litigator of the Week in 2008 for the win in New Jersey state court, but the case wasn't over until Italy's highest court had spoken.
April 17, 2019 at 01:17 PM
1 minute read
Editor and columnist at The Litigation Daily
After a 15-year global battle, a team from Paul Weiss led by litigation partners Ted Wells and Jack Baughman plus overseas counsel from Clifford Chance on Tuesday secured a $1.098 billion win for Citigroup.
The case stemmed from the 2003 collapse of Italian dairy group Parmalat. Represented by Quinn Emanuel, Parmalat alleged that Citigroup aided and abetted a fraud by ex-Pamalat insiders that led to the company’s bankruptcy.
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