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October 02, 2016 | The American Lawyer

Trump Taps Kasowitz Amid Times Tax Drama

Kasowitz, Benson, Torres & Friedman, which has previously represented the current Republican presidential nominee on numerous engagements, is now advising the real estate mogul as he responds to a New York Times report that disclosed details from his 1995 tax returns.
28 minute read
September 29, 2016 | Delaware Law Weekly

IPayment Derivative Suit Targets Hedge Funds

The founder of iPayment Holdings has filed a derivative suit accusing four hedge funds of illegally launching a campaign to wrest control of the payment solutions company.
12 minute read
September 27, 2016 | The American Lawyer

Caesars Deal Means End of Fee Frenzy for Bankruptcy Lawyers

A $5 billion agreement resolves billions of dollars in potential damage claims by disgruntled creditors, and brings the bankruptcy, which has spun off as much as $200 million in legal fees to a group of firms, a giant step closer to an end.
47 minute read
September 23, 2016 | National Law Journal

FTC and Herbalife Snub Big Law for Consulting Firm As Compliance Monitor

The Federal Trade Commission and Herbalife chose consulting firm Affiliated Monitors Inc. over a number of Big Law bidders for the role of compliance monitor in $200 million settlement.
16 minute read
September 19, 2016 | Corporate Counsel

Kasowitz Bets Big on $90B Qui Tam Case

In a bold gamble, Kasowitz, Benson, Torres & Friedman has blown the whistle on four of the country's largest chemical companies, assuming the role of both plaintiff and counsel in a $90 billion qui tam case.
11 minute read
September 18, 2016 | Litigation Daily

This Kasowitz Qui Tam Suit Could Be the Biggest Law Firm Payday of All Time

Plenty of law firms represent whistleblowers. But in a new $90 billion qui tam case, Kasowitz, Benson, Torres & Friedman is the whistleblower. The 350-lawyer New York-based litigation powerhouse is going after four of the country's largest chemical companies for allegedly failing to inform the EPA of serious health injuries caused by a common chemical. As the relator, the firm could--at least in theory--be entitled to as much as 30 percent of the recovery, or $27 billion dollars. They just have to win.
20 minute read
September 15, 2016 | The American Lawyer

Three—Not Fore—Firms Bag Roles on Golfsmith's Bankruptcy

Golfsmith International Holdings Inc., one of the nation's largest specialty golf retailers, has filed for bankruptcy in Delaware. Weil, Gotshal & Manges, Canada's Goodmans and Delaware's Richards, Layton & Finger have stepped onto the Chapter 11 green for the company.
15 minute read
September 14, 2016 | New York Law Journal

Willkie Blocks Return of CEO to Client's Firm

Willkie Farr & Gallagher has successfully prevented the former CEO of its client iPayment Inc. from quickly regaining his position by way of a preliminary injunction after he was fired in August by the company's board.
12 minute read
September 08, 2016 | The American Lawyer

Litigation Funder Wins Stake in $213M Renco Judgment

In what may be the first public sale of a litigation claim to a third-party funder, Gerchen Keller Capital paid $26.2 million to the estate of a bankrupt Utah magnesium company in exchange for stake in a judgment the bankruptcy trustee won at trial last year.

12 minute read
September 06, 2016 | Corporate Counsel

Big Law Firms Reveal Rates in Pitches for Herbalife Monitor

As lawyers jockey for the lucrative job of overseeing Herbalife Ltd.'s compliance with the terms of a $200 million settlement, top firms are giving a glimpse into their billing rates and revealing strategies for winning coveted independent-auditor contracts.
50 minute read

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