Credit: sdecoret/Adobe Stock Deal Watch: AI Race Changes Deal Market, Influencing Capital Markets, Energy, Real Estate Practices
Simpson Thacher partner David Azarkh said the need for capital to support AI companies and those in the energy, data, infrastructure and real estate industries "will mean additional capital markets offerings."
August 13, 2024 at 04:25 PM
8 minute read
Dealmakers increasingly report that artificial intelligence is influencing big deals, leading to shifts in deal work for Big Law lawyers not only in M&A groups but those in capital markets, real estate, infrastructure and energy practices.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Related Stories
View AllYou Might Like
View All
Versatility and 'Fearlessness' Drive Sullivan & Cromwell's Corporate Practice
5 minute read
Deal Watch: Latham, Skadden, Covington, Troutman, Fried Frank and Davis Polk Lead $10B+ Deals
8 minute read
Deal Watch: Simpson, Freshfields, Wachtell Lead Big Deals as SPACs, IPOs Crank Up
11 minute readLaw Firms Mentioned
- Richards, Layton & Finger, PA
- Skadden, Arps, Slate, Meagher & Flom LLP
- Anderson & Quinn, LLC
- Anderson & Anderson LLP
- Blank Rome
- Cooley
- Bryan Cave Leighton Paisner
- Cahill Gordon & Reindel
- Davis Polk & Wardwell
- Gibson, Dunn & Crutcher
- Dykema Gossett
- Kirkland & Ellis
- Morgan, Lewis & Bockius
- Paul Hastings
- Potter Anderson & Corroon
- Simpson Thacher & Bartlett
- Wilson Sonsini Goodrich & Rosati
- Duane Morris
- Freshfields Bruckhaus Deringer
- Hogan Lovells
- Kindel & Anderson
- Kramer Levin Naftalis & Frankel LLP
- Latham & Watkins
- Linklaters
- Neal Gerber Eisenberg
Trending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
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.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
