Higher Law: Quinn Emanuel Wants NY Cannabis Records | Another Shot at Cannabis Banking Legislation | Dentons' Work on $413M Transaction | Mississippi Joins the Medical Marijuana Club
We look at the Big Law firms involved in the Ascend v. MedMen NY showdown, and Rep. Perlmutter's last shot at a cannabis banking bill.
February 03, 2022 at 04:14 PM
9 minute read
State and Local Government
Welcome back to Higher Law, our weekly briefing on all things cannabis. I'm Cheryl Miller, reporting for Law.com from Sacramento. We don't talk about Bruno this week, but we do talk about a lot of cannabis-related litigation.
This week we're looking at:
- The Big Law firms involved in the Ascend v. MedMen NY showdown.
- Rep. Perlmutter's last shot at a cannabis banking bill.
- Dentons' work on a $413 million cannabis company transaction.
- Mississippi's initiation into the legal medical marijuana club.
Thanks as always for reading. I'm happy to receive your feedback or story ideas at [email protected] and call me at 916.448.2935. Follow me on Twitter @capitalaccounts.
Gov. Kathy Hochul. Photo: Ryland West/ALM Quinn Emanuel Wants Records from NY Governor's Office in Cannabis Deal Dispute
In the latest twist in the legal fight between MedMen and Ascend Wellness Holdings, Quinn Emanuel Urquhart & Sullivan lawyers representing MedMen asked a judge this week for authority to subpoena documents from New York Gov. Kathy Hochul's office.
In a filing with the New York State Supreme Court's Commercial Division, Quinn Emanuel lawyers said they're looking for evidence that Hochul's administration pressed MedMen to close a deal giving Ascend 87% of the marijuana retailer's New York operations.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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