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June 18, 2024 | National Law Journal

The 2024 NLJ 500: Ranked by Head Count

The NLJ 500 is the National Law Journal's survey of the 500 largest law firms in the United States covering the previous calendar year.
15 minute read
June 18, 2024 | Law.com

The 2024 NLJ 500: Ranked by Head Count

The NLJ 500 is the National Law Journal's survey of the 500 largest law firms in the United States covering the previous calendar year.
15 minute read
June 17, 2024 | Law.com

The Real Impact of the Biden Era on M&A

"Changes in the merger review process has undoubtedly increased the cost and resource burden on merging parties," write Elizabeth Suarez, Kaylynn Moss and Terry Calvani.
13 minute read
June 13, 2024 | The American Lawyer

FTX Examiner Requests Additional Investigation on Sullivan & Cromwell

A court-appointed examiner requested up to $3 million to investigate the law firm's role in advising Sam Bankman-Fried on his purchase of Robinhood shares, as well as two other issues.
3 minute read
June 03, 2024 | The American Lawyer

It's Not Just the Spread. Big Law Is Making More 'Business-Driven' Pay Choices

"On the compensation side, we're always looking to thread the needle to where our rates are fair to clients and where we can demonstrate that we value our top talent," said Lorie Almon, chair of Seyfarth Shaw.
6 minute read
May 24, 2024 | The American Lawyer

FTX Examiner Clears S&C, Questions Fenwick's Knowledge of Fraud

A court-appointed examiner cleared Sullivan & Cromwell of allegations that the law firm was aware of the fraud as it handled 20 matters for FTX before its bankruptcy filing.
4 minute read
May 22, 2024 | The American Lawyer

Are Law Firms Headed for an Era of Rapid Staff Turnover?

"Whether it's due to redundancies, retirement or switching firms, support staff turnover seems to be fixed at a high rate for the foreseeable [future]," a recent report concluded.
6 minute read
May 20, 2024 | The American Lawyer

'Mission Critical': Big Law Firms Prioritize Right C-Suite Talent

Several C-suite roles were filled in the last few months amid high demand for the right talent in firms' business ranks.
4 minute read
Kormos v. Playtika Holding UK II Ltd.
Publication Date: 2024-05-20
Practice Area: Corporate Governance
Industry: Entertainment and Leisure | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Christopher P. Quinn, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Ned Weinberger, Casimir O. Szustak, Labaton Sucharow LLP, Wilmington, DE; Jeremy S. Friedman, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; John Vielandi, Joshua M. Glasser, Labaton Keller Sucharow LLP, New York, NY; D. Seamus Kaskela, Adrienne Bell, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
For defendant: Brian C. Ralston, Charles R. Hallinan, Potter Anderson & Corroon LLP, Wilmington, DE; Andrew R. Gray, Ryan A. Walsh, Natasha Pardawala, Latham and Watkins LLP, Costa Mesa, CA; R. Judson Scaggs, Jr., Susan W. Waesco, Kirk C. Andersen, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Dean Kristy, Fenwick & West LLP, San Francisco, CA; Felix S. Lee, Fenwick & West LLP, Mountain View, CA for defendants.
Case number: 2023-0396-SG

Breach of fiduciary duty claims failed where plaintiffs failed to allege facts demonstrating that defendants took actions that were to the company's detriment or that interfered with the board's special committee's negotiations for a self-tender.

May 08, 2024 | Law.com

Emerging Legal Terrain: IP Risks from AI's Role In Drug Discovery

This article explores the benefits and risks of AI-driven drug discovery from the legal perspective. Since the law governing IP rights in AI-driven drug discovery is still in its infant state, any future legal development is likely to have significant implications in many areas.
22 minute read

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