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September 20, 2024 | Litigation Daily

Litigators of the Week: The Eighth Circuit Knocks Out a $564M Verdict Against BMO in Ponzi Case

Debevoise's John Gleeson, Mayer Brown's Richard Spehr and Elaine Goldenberg of Munger Tolles helped convince the Eighth Circuit that the bankruptcy trustee of a company run by a convicted Minnesota Ponzi schemer couldn't pursue aiding and abetting claims against the bank because the company bore responsibility for its own injury.
10 minute read
September 20, 2024 | Litigation Daily

Litigator of the Week Runners-Up

McKool Smith represented Mojo Mobility Inc. in patent litigation against Samsung Electronics as federal jurors in Marshall, Texas hit Samsung with a $192 million infringement verdict last week.
7 minute read
September 19, 2024 | Corporate Counsel

Hawaiian Airlines CLO Out of Job but Set for Soft Landing

Aaron Alter was Hawaiian Airlines' outside counsel for years before becoming its legal chief in 2015.
4 minute read
September 19, 2024 | National Law Journal

Cooley Hires Three Partners to Communications Regulations Practice in D.C.

The new hires will work extensively with regulatory bodies including the Federal Communications Commission.
4 minute read
September 18, 2024 | National Law Journal

SDNY Judge Dismisses Antitrust Class Action Alleging Global Bank Price-Fixing Conspiracy

"Here, the plaintiff has failed to allege any facts to show that the defendants engaged in parallel conduct that suggests the existence of a price-fixing conspiracy and each defendant's participation in that conspiracy," U.S. District Judge John G. Koeltl wrote in his memorandum opinion. "This kind of barebones group pleading of parallel conduct is insufficient."
2 minute read
September 18, 2024 | The American Lawyer

The 2024 Global 200: The Year Law Firms Had to Get Smart (And Ruthless)

Despite a 10-year low for worldwide M&A activity profit per equity partner at the top firms grew by 12.4%, as they pruned their equity ranks and closed offices.
8 minute read
September 17, 2024 | Delaware Business Court Insider

Trump Media Stakeholder Awarded Part of Requested Post-Merger Ownership Boost

It's likely, a lawyer familiar with the case said, that the decision could be applied to the anti-dilution provisions in nearly all de-SPAC mergers.
3 minute read
September 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
September 17, 2024 | The American Lawyer

The 2024 Global 200 Ranked by Revenue

The 200 largest law firms in the world, made up mainly of U.S. firms, saw growth increase in the latest fiscal year, with some regions out-performing others.
7 minute read
September 17, 2024 | New York Law Journal

Condo Unit Owner Counterclaims Against Board; Irregularities in a Lease Guaranty; Foreclosure Intervention: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Board of Mgrs. of the Promenade Condominium v. Eshaghpour," "130 Greene TIC LLC v. Brown," and "JP Morgan Chase Bank v. Lafond."
15 minute read

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