(Photo: Diego M. Radzinschi/ALM) Cooley Continues Bankruptcy Expansion With Gibson Dunn Partner Hire
Growing the bankruptcy group is key to Cooley's balance of cyclical and countercyclical practices, the firm's litigation chair said in an interview.
July 09, 2024 at 06:00 AM
3 minute read
Bankruptcy
What You Need to Know
- Cooley has hired business restructuring partner Michael Neumeister from Gibson Dunn in Los Angeles.
- Neumeister is Cooley's second bankruptcy partner hire since April.
- The firm wants to expand its bankruptcy practice and grow its bench strength in Los Angeles.
Cooley hired bankruptcy partner Michael Neumeister from Gibson, Dunn & Crutcher's Los Angeles office last week, the Palo Alto-founded firm announced Tuesday morning.
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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.
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