Downtown of Zurich; Photo credit Adobe Stock Swiss Law Firm Merger Creates Corporate Dynamo
The new Swiss firm has a special relationship with Bird & Bird and connections to Latham & Watkins.
July 03, 2024 at 10:11 AM
4 minute read
Three Swiss law firms merged on Monday to create a one-stop business law hub, seizing an opportunity in a market that doesn't have much penetration by global law firms other than Baker McKenzie.
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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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