Come Get Your Latest Litigator of the Week Runners-Up and Shout Outs
Runners-up this week including a Kirkland lawyer with a string of securities wins and a McDermott litigator who won an injunction blocking changes to the H1-B visa program.
October 09, 2020 at 07:25 AM
2 minute read
Our first runner-up for Litigator of the Week this week is Matt Solum of Kirkland & Ellis, who got a shout out last week as part of a team that knocked out a securities suit against Micro Focus International PLC tied to its ADR price drop following its merger with HPE. Matt followed that win up with another on September 30, this time for Bristol-Myers Squibb and certain current and former directors and officers. U.S. District Judge Mary Kay Vyskocil dismissed a securities class action brought against BMS with prejudice finding that the plaintiffs had not established the existence of "an industry standard definition" of the term they claimed the company was misleading investors about and, therefore, could not plead scienter.
Paul Hughes of McDermott Will & Emery also gets a runner-up nod this week for getting an injunction on behalf of the U.S. Chamber of Commerce and others that bars the Trump administration from enforcing its ban on bringing certain foreign workers into the country through the H-1B visa program. "Congress's delegation of authority in the immigration context…does not afford the president unbridled authority to set domestic policy regarding employment of nonimmigrant foreigners," wrote Judge Jeffrey White of the Northern District of Cailifornia in an October 1 order.
Shout out to Christopher Tayback and Marshall Searcy at Quinn Emanuel and Mark Ferrario of Greenberg Traurig, who on October 1 knocked out a shareholder derivative suit for multiplex movie theater and real estate company Reading International and its board of directors at the Nevada Supreme Court. The court ruled the company founder's son, who had been ousted as its CEO after his father's death, did not have standing to assert derivative claims because he was not an adequate representative of company shareholders and "his personal interests far outweigh the shareholders' interests."
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