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February 09, 2022 | Litigation Daily

How Manhattan Boutique Levine Lee Unraveled the Government's Final LIBOR Conviction

"What we've advocated since before the indictment is if you simply read the actual rule, the question of LIBOR must have an answer: There was no crime here and that's where our representation started and that's where we are at this point ending up," Seth Levine says.
6 minute read
February 07, 2022 | New York Law Journal

The Informal Appearance, Its Origins, Instances and Impact

In addition to making a "formal" appearance, a defendant may also make an "informal" appearance, which "comes about when the defendant, although not having taken any of the steps that would officially constitute an appearance under CPLR 320(a), nevertheless participates in the case in some way relating to the merits." This article examines the origins of the informal appearance, including when it occurs and its impact in the personal jurisdiction and default-judgment contexts.
14 minute read
February 04, 2022 | Litigation Daily

Litigators of the Week: This Paul Hastings Duo Flipped the Conviction of a Trader Accused of Manipulating LIBOR

The Second Circuit reversed the conviction of former Deutsche Bank trader Matthew Connolly. The decision is the second white-collar appellate reversal Kenneth Breen and Phara Guberman of Paul Hastings have won in as many years.
8 minute read
February 04, 2022 | Delaware Business Court Insider

Former Counsel to Wilmington Trust CFO Flipped the Conviction of a Trader Accused of Manipulating LIBOR

The Second Circuit reversed the conviction of former Deutsche Bank trader Matthew Connolly. The decision is the second white-collar appellate reversal Kenneth Breen and Phara Guberman of Paul Hastings have won in as many years.
8 minute read
February 03, 2022 | Daily Business Review

Goldman Sachs Traders Follow JPMorgan in Bet Against Adler Debt

Goldman Sachs' traders in London have been buying credit-default swaps linked to Adler in recent weeks, which will pay out if the German property company defaults, according to people familiar with the matter.
3 minute read
February 02, 2022 | Law.com

Compliance Hot Spots: Why No One's Worried about FCPA Enforcement Dip + DOJ Takes Aim at Unfavorable Antitrust Rulings + Near-Record False Claims Recoveries

FCPA enforcement fell to its lowest level since 2015 last year, but practitioners expect it's only a blip before activity ramps up again.
11 minute read
January 27, 2022 | Daily Business Review

Fidelity Buys Stake in Creditas Valuing Startup at $4.8 Billion

Brazilian digital lender Creditas, one of Latin America's most valuable financial upstarts, raised $260 million in a Series F financing round led by Fidelity Investments.
3 minute read
January 19, 2022 | The American Lawyer

Quinn v. Willkie: Who Got the Big Cases After a Major Team Move?

After ex-Quinn rainmaker Boris Bronfentrinker led a major team move to Willkie in October, the two firms have been vying for a series of high-profile and lucrative cases. Here's who won what.
4 minute read
January 18, 2022 | Law.com

David Boies Returns to SCOTUS After Nearly a Decade Away: The Morning Minute

The news and analysis you need to start your day.
5 minute read
January 17, 2022 | Law.com

As Their Influence Wanes, Banking Clients No Longer 'Jewels in the Crown' For Law Firms

Banks are offering less transactional work and increasingly being dictated to on which law firms to use, meaning banking panels no longer offer the same riches for law firms.
9 minute read

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