From left, Theodore Wells Jr., partner and co-chair of the litigation department, Brad Karp, chairman of the firm, Jacqueline Rubin, partner, Robert Atkins, partner and co-chair of the litigation department, and Daniel Kramer, partner (Photograph by Todd France)
What are some of the department’s most satisfying successes of the past year and why? We recently resolved, on favorable terms, several major cases that we’ve handled for a decade or more. In May 2018, after more than a decade of securities litigation on behalf of Merck concerning the drug Vytorin, we secured the final dismissal of high-value, “opt out” claims, having previously helped Merck settle the underlying securities class action. In March 2019, we ended two decades of litigation by defeating an antitrust and false advertising lawsuit brought by Retractable Technologies against our client Becton, Dickinson on Retractable’s second trip to the Fifth Circuit. In April 2019, Italy’s Supreme Court ruled that a court award we had secured for our client Citigroup in 2011 on our counterclaim against failed Italian dairy giant Parmalat was final and enforceable in Italy. Now Citi can finally collect on the judgment, which has now tripled in value and is worth over $1 billion. And in June 2019, we won the dismissal of Alien Tort Statute claims alleging that our client ExxonMobil was complicit in human rights violations committed by Indonesian soldiers. This ended 18 years of litigation. All of these outcomes were very gratifying for us and for our clients.
A prospective client in crisis calls and asks why your team should be retained. What is your answer? Paul, Weiss has the talent and experience to successfully handle the most formidable opponents, in unfriendly jurisdictions and on expedited timetables. Our record of achievement is unparalleled in terms of our successful defense of “bet the company” class action litigations and clients facing franchise-threatening risks. We have unmatched experience in the class action realm, as trial lawyers and as appellate lawyers—and in the regulatory and white-collar sphere, if that skill set is required. We truly are a unique resource for clients in crisis.
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