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March 18, 2024 | The American Lawyer

New Chair Elected at Kilpatrick

It's the first new chair in a decade for the firm, which has some 570 lawyers in 22 offices.
5 minute read
March 18, 2024 | Daily Report Online

Kilpatrick Elects IP Lawyer Wab Kadaba to Chair Firm

Wab Kadaba will be Kilpatrick's first new chair in over a decade. He will succeed Henry Walker, who will resume his litigation practice.
5 minute read
Wong v. I.A.T.S.E.
Publication Date: 2024-03-11
Practice Area: Civil Procedure | Employment Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Paul A. Engelmayer
Attorneys:
For plaintiff:
For defendant:
Case number: 23 CV 7629

Cognizable ERISA Claim Not Stated by Fiancee Challenging Plan Beneficiary Status

Saskatchewan Healthcare Employee's Pension Plan v. KE Holdings Inc.
Publication Date: 2024-03-06
Practice Area: Securities Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Gregory H. Woods
Attorneys:
For plaintiff:
For defendant:
Case number: 1:21-cv-11196

Plaintiff Fails to Plead Scienter, But Amply Pleads Documents Had Misleading Statements

February 26, 2024 | Corporate Counsel

Regulator's Scolding of Michigan Bank GC 'Should Give Pause' to Compliance Personnel

The U.S. Comptroller of the Currency issued a cease-and-desist order against Colleen Kimmel, former general counsel of Sterling Bancorp, even though it doesn't allege she had any involvement in the $69 million fraud that threw the institution into chaos.
6 minute read
Jaroslawicz v. M&T Bank Corp.
Publication Date: 2024-02-19
Practice Area: Securities Litigation
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Wallach
Attorneys:
For plaintiff: Francis J. Murphy, Jr., Jonathan L. Parshall, Murphy, Spadaro & Landon, Wilmington, DE; Steven M. Coren, Benjamin M. Mather, Matthew R. Williams, Kauffman, Coren & Ress, P.C, Philadelphia, PA for plaintiffs.
For defendant: Brian M. Rostocki, Anne M. Steadman, Justin M. Forcier, Reed Smith LLP, Wilmington, DE; Jonathan K. Youngwood, Janet A. Gochman, Tyler A. Anger, Katherine A. Hardiman, Simpson, Thacher & Bartlett, New York, NY; Kevin R. Shannon, Daniel Rusk, Potter Anderson & Corroon LLP, Wilmington, DE; Tracy Richelle High, Scott A. Foltz, Sullivan & Cromwell LLP, New York, NY for defendants.
Case number: 15-00897-EJW

Although plaintiffs' experts' report in support of their damages theory for class certification used sufficiently reliable methodologies under the Daubert standard, the evidence was wholly speculative to demonstrate economic loss or proximate causation, such that plaintiffs could not meet the commonality or predominance standards.

February 16, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Runners-up honors this week go to litigators at Cleary, Latham, MoFo, Simpson Thacher and Skadden.
7 minute read
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read
February 09, 2024 | National Law Journal

Sidley, Milbank, Foley & Lardner and Simpson Land Defense Roles on SEC Action

The SEC, in charging the broker dealers and investment advisers, referred to "widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications."
2 minute read
February 05, 2024 | The American Lawyer

Deal Watch: Hogan Lovells and Wachtell Land Big Sports Deals

Professional and college sports were center stage this past week for lawyers.
7 minute read

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