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April 09, 2024 | The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
April 08, 2024 | The Recorder

Simpson Thacher Recruits Milbank Partner to Continue Building Energy Practice

Javad Asghari is the latest partner addition at Simpson Thacher in the energy and infrastructure space.
2 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
City of Dearborn Police & Fire Revised Ret. Sys. v. Brookfield Asset Mgmt. Inc.
Publication Date: 2024-04-08
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys:
For plaintiff: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; John Vielandi, Labtaton Sucharow LLP, New York, NY; Jeremy Friedman, David Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Douglas E. Julie, W. Scott Holleman, Garam Choe, Julie & Holleman LLP, New York, NY; Brian J. Robbins, Stephen J. Oddo, Robbins LLP, San Diego, CA for appellants.
For defendant: Kevin G. Abrams, Eric A. Veres, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Stefania D. Venezia, Amanda K. Pooler, Elizabeth M. Sytsma, Tanner S. Stanley, Weil, Gotshal & Manges LLP, New York, NY for appellees.
Case number: 241, 2023

Chancery court erred in reviewing squeeze-out merger under business judgment review where proxy statement failed to disclose potential conflicts of interest of the special committee's financial and legal advisors.

Appellate Division, First Department: April 8, 2024
Publication Date: 2024-04-08
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:April 4, 2024

April 04, 2024 | New York Law Journal

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
April 03, 2024 | The American Lawyer

Paul Hastings Lures Weil Partner to Co-Chair Asset-Backed Finance Group

The two-lawyer move includes Weil attorneys Shawn Kodes and Matthew Nemeth, who both join Paul Hastings as partners.
3 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
April 02, 2024 | New York Law Journal

The Year of Cyber Disclosures: Navigating the SEC's New Rules

In December, the SEC's new cybersecurity rules went into effect, requiring detailed reporting by public companies regarding cybersecurity risk management, strategy, governance and—perhaps most notably—incidents. This article offers a practical guide to navigating the new disclosure requirements and an overview of how some companies have already begun to respond, as well as analysis of the SEC's rule in the context of a broader trend of regulatory reporting requirements
10 minute read
April 01, 2024 | The American Lawyer

The Challenge of China: What Will Kirkland, Latham and the Rest of Big Law Do Now?

It's getting increasingly difficult to operate a law firm in Greater China, writes The Global Lawyer. How long can Big Law last?
6 minute read

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