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June 02, 2023 | Connecticut Law Tribune

Court Declines to Pierce Corporate Veil in Deutsche Bank's $243M Dispute

Connecticut's highest court also said that "Deutsche Bank's losses were largely the result of its own negligence and incompetence."
5 minute read
May 08, 2023 | The American Lawyer

Deal Watch: Dealmakers Brace for Complications From Debt Ceiling Debate

Corporate activity has been steady if not great the last few weeks, but a looming U.S. debt crisis could serve as foil to progress.
7 minute read
May 01, 2023 | The American Lawyer

Deal Watch: Davis Polk, O'Melveny Work First Republic Bank Buy in Busy Week for M&A

The banking vertical is causing some concerns in markets, but, apparently, the effects won't be felt just yet as dealmakers had one of their stronger weeks of 2023.
9 minute read
April 11, 2023 | The American Lawyer

Deal Watch: Can Evergreen Practices in Big Law Balance Out the Slump in M&A Work?

"Firms that will manage this better have built what I think of as evergreen practices and counter-cyclical practices," said consultant Kent Zimmermann.
8 minute read
April 06, 2023 | New York Law Journal

Meet the Manhattan Prosecutors Taking on Donald Trump

Together the group has more than 125 years of litigation experience, more than 75 years of prosecutorial experience, and more than 65 years of service to the Manhattan DA's Office.
9 minute read
April 03, 2023 | Daily Business Review

Banking System Will Ride Out Challenges and Survive

The crux of the problem, over and above customer uncertainty and perhaps bank mismanagement, is inflation. As the U.S. government and leaders around the world look to tamp down their on-fire, post-COVID economies, they've raised interest rates, hoping for a soft landing to avoid a recession.
5 minute read
February 10, 2023 | New York Law Journal

Bankers Beware: The Reach of the Procuring Cause Standard

'Morpheus' and 'Dominik' raise the prospect that courts—and certainly parties litigating an investment banking fee—will be tempted to stack the deck in favor of a vague and fact-specific procuring cause standard. Once again, bankers beware.
9 minute read
December 20, 2022 | Daily Business Review

2022, the Year That Changed Banking in Europe

After a decade of struggling to keep up with Wall Street, European banks are enjoying a rare period of outperformance, buttressed by four large interest rate increases in the span of just half a year.
8 minute read
December 16, 2022 | Daily Business Review

Global Recession Risks Rise as Central Banks Raise Rates

Major central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation.
6 minute read
December 14, 2022 | Daily Business Review

Danske Bank Pleads Guilty to US Fraud, Will Forfeit $2B

Danske is working to move past a scandal that wiped out top management and saw thousands of customers leave in one of Denmark's worst cases of corporate malfeasance.
4 minute read

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