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March 27, 2024 | Legaltech News

International Law Firm CMS Joins the Harvey Brigade—Announces 'Phased' Rollout Across Member Firms

Other firms to have entered into partnerships with Harvey, which is backed by the OpenAI Startup Fund, include Allen & Overy, Macfarlanes, and UAE-based Al Tamimi & Co.
2 minute read
March 20, 2024 | The American Lawyer

Simpson Thacher Swoops For Weil Gotshal Partner Duo in the UK

The infrastructure moves are the latest additions to Simpson Thacher's London base and the latest departures from Weil Gotshal's.
3 minute read
March 19, 2024 | Corporate Counsel

As Fraud Trial Opens, Tech Titan Who Wooed HP Cast as Accounting Alchemist, 'Startup Guy' Who Delegated Details

"HP needed someone to blame. They had an $11 billion debacle on their hands. They were actually better at finding a scapegoat than at integrating a company," Reid Weingarten, lead attorney for Autonomy CEO Mike Lynch, told a jury Monday.
6 minute read
March 18, 2024 | Law.com

Class-Action Reform in France Awaits Parliament's Pleasure—and Waits, and Waits...

Because of disagreement between the two chambers, the French legislature is already a year late in passing a national law under the 2020 EU Representative Actions Directive. Until it does, group actions and litigation funding are stalled, lawyers say.
8 minute read
March 15, 2024 | The American Lawyer

Paul Weiss Continues London Drive With Clifford Chance Partner Hire

The partner joins after over a decade at Clifford Chance's corporate practice.
2 minute read
March 15, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Visa and Mastercard can't escape the latest round of swipe fee antitrust litigation on summary judgment.
7 minute read
Cortlandt Street Recovery Corp. v. Bonderman
Publication Date: 2024-03-15
Practice Area: Corporate Entities
Industry:
Court: Appellate Division, First Department
Judge: Justice Martin Shulman
Attorneys:
For plaintiff: For Respondent-Appellant: David B. Goroff of the bar of the State of Illinois, admitted pro hac vice, Alissa M. Nann and Peter N. Wang of counsel, Foley & Lardner LLP, New York.
For defendant: For Appellants-Respondents: Paul M. O'Connor, III, David J. Abrams and Andrew H. Elkin of counsel, Kasowitz Benson Torres LLP, New York. For Giancarlo Aliberti, Respondent: Anthony M. Candido of counsel, Clifford Chance US, LLP, New York. For Apax Partners, L.P., Respondent: Robert S. Fischler, Gregg L. Weiner and Alexander B. Simkin of counsel, Ropes & Gray LLP, New York.
Case number: 653357/11

No Issue of Fact as to How Defendants Exercised 'Complete Domination' Over Companies

March 14, 2024 | Legaltech News

DraftWise Announces $20 Million Investment, Plans to Expand Its Gen AI Contract Platform

The new investment comes less than a year after DraftWise, which offers a generative AI-powered contract drafting, knowledge and collaboration platform, announced $5 million in seed funding.
2 minute read
March 14, 2024 | Corporate Counsel

Michael Lynch Was a Titan of British Tech. Then He Got Crosswise With HP

Lynch was CEO of the software firm Autonomy when HP bought it for $11 billion, a deal that's gone down as one of the biggest flops in M&A history. Prosecutors allege he duped the Silicon Valley giant into overpaying by inflating Autonomy's financial performance at a time the company was tanking.
8 minute read
March 13, 2024 | The American Lawyer

How Much Is Paul Weiss Shelling Out for Its New London Office?

The firm secured its London offices in Soho at a significant discount to market value, enabling it to take more space per lawyer than many of its rivals.
4 minute read

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