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September 28, 2023 | New York Law Journal

Biotech GC Sues, Says He Was Fired for Pushing Probe Into 'Drugging of a High-Level Female Employee'

The 56-year-old former legal chief of Koneksa Health accused the CEO of unlawfully firing him and "intentionally and maliciously" underpaying him because of his age.
3 minute read
September 26, 2023 | New York Law Journal

US Virgin Islands, JPMorgan Announce $75 Million Settlement to Resolve Epstein-Related Claims

The bulk of the settlement is aimed at bolstering efforts in the U.S. Virgin Islands to foil human trafficking.
3 minute read
September 26, 2023 | New Jersey Law Journal

Who's to Blame? Lawyer Sues His Bank Over Funds Wired to Wrong Party

When providing the beneficiary's account number for the transfer, the campaign representative incorrectly entered a "6" as an "8," the suit claims.
4 minute read
September 26, 2023 | Litigation Daily

In the Latest Quinn Emanuel Antitrust Win Against Big Banks, 2 Associates Help Make the Case for Class Cert

With a helpful nudge from the federal judge overseeing a case alleging a rate-setting conspiracy in the market for variable rate demand obligations, Quinn associates David LeRay and Nicolas Siebert successfully argued that the plaintiffs' expert opinions supported class certification.
5 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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September 25, 2023 | The American Lawyer

Deal Watch: Simpson, Skadden, Cravath Guide $28 Billion Cisco Deal

The rest of the week was rather quiet on the deal front, but "Old Tech" is making something of a comeback.
6 minute read
September 21, 2023 | Daily Report Online

Small Venture Capital Player Becomes a Symbol in the Fight Over Corporate Diversity Policies

The Fearless Fund, an Atlanta-based firm, has invested nearly $27 million in some 40 businesses led by women of color since launching in 2019, and awarded another $3.7 million in grants. Collectively, those businesses employ about 540 people, up from 250 at the time of investment, according to its "impact report," released Wednesday.
5 minute read
September 20, 2023 | Daily Report Online

$20B WestRock-Smurfit Combo Leads Latest Deals; Big Law Awaits Comeback via IPOs

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read
September 19, 2023 | New York Law Journal

Are Notes Sold as Part of Loan Syndication Securities?

In their Financing column, Jeff Steiner and Megan Vallerie discuss 'Kirschner v. JP Morgan Chase Bank,' which examines the question: "Are notes sold as part of loan syndication securities?"
6 minute read
September 18, 2023 | The American Lawyer

Deal Watch: With IPOs 'in the Pipeline,' Big Law Now Awaits Comeback

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read

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