Axiom Spinoff Retooled, Wiley Drops 'Rein', Impeachment Moves Ahead: The Morning Minute
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January 15, 2020 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
FORWARD - The House is expected to vote today to send articles of impeachment against President Trump to the Senate. The House voted nearly a month ago to impeach Trump for abuse of power and obstruction of Congress in connection with his push to have Ukraine announce an investigation into Joe Biden and his son.
DEAL OR NO DEAL? A Manhattan federal judge is scheduled to hear closing arguments this morning in a lawsuit filed by New York, California and several other states seeking to block the proposed merger of Sprint Corp. and T-Mobile US Inc. on antitrust grounds. The DOJ approved the tie-up in July, a month after the group of states sued in New York's Southern District, claiming that the deal would lead to higher prices for consumers. A two-week trial in the case wrapped in late December.
REFRESHED – Axiom Managed Solutions, one of the two spinoffs created last year from alternative legal service provider Axiom, is rebranding as Factor and says it will double in size with a renewed financial commitment from its initial investors, Dan Packel reports. The company, which says it focuses on relatively complex work such as contract negotiations rather than commoditized work like e-discovery, has about 500 employees, more than half of whom are lawyers. Investors include private equity firm Carrick Capital Partners and venture capital firm Benchmark Capital.
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EDITOR'S PICKS
Wiley Rein Drops 'Rein,' Adds New Look and Moves to .Law Domain
Subway Remains Quiet About New Chief Legal Officer
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WHILE YOU WERE SLEEPING
BIGGER FOUR – KPMG's legal arm has boosted its legal operations in Germany by hiring a three-lawyer energy team from rival PwC Legal. Varsha Patel reports that the expansion is the latest in a slew of global moves by KPMG in the legal market. In December it expanded in China with the launch of an affiliated law firm in Shanghai. Also last year it hired 144 lawyers from French firm Fidal in what became known as the biggest law firm raids in recent times.
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WHAT YOU SAID
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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