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April 10, 2023 | Delaware Business Court Insider

CEO: 'Hubris, Incompetence and Greed' Led to FTX's Mismanaged Billions

The report enumerates FTX's internal shortcomings identified in the past five months, from sloppy accounting to leaving hundreds of millions of dollars in easily accessible storage.
5 minute read
April 10, 2023 | The Recorder

CEO: 'Hubris, Incompetence and Greed' Led to FTX's Mismanaged Billions

The report states FTX.US's president left after having his bonus cut and being instructed by internal counsel to apologize to Bankman-Fried for disagreeing with him on management structure, and an unnamed attorney was terminated three months after being hired for voicing concerns about the lack of corporate control at Alameda Research.
5 minute read
April 06, 2023 | The American Lawyer

Wachtell, Goodwin Lead Q1 League Tables as Global M&A Tumbles 44%

Two law firms that were in the top five last year saw drops out of the top 10 in early 2023.
4 minute read
April 04, 2023 | Daily Report Online

King & Spalding Among Plaintiff Firms in Argentine Oil Contract Breach Case

Plaintiffs represented by King & Spalding alleged that Argentina violated its contractual obligations while retaking control of the oil company YPF.
3 minute read
April 04, 2023 | International Edition

Litigation Funding Helps Secure Major Win in Long-Standing Dispute With Argentina

Burford Capital could see a payout in the billions of U.S. dollars after backing a moonshot case for investors burned by Argentina's nationalization of oil company YPF.
3 minute read
April 03, 2023 | New York Law Journal

US Judge Clears Path for Recovery of Damages for Argentine Oil Contract Breach

Plaintiffs represented by King & Spalding alleged that Argentina violated its contractual obligations while retaking control of the oil company YPF.
3 minute read
March 30, 2023 | The American Lawyer

What $1,000 an Hour Gets You in the Am Law 200 Today

Second-year associates and 19th-year partners share the same billing rate in recent bankruptcy filings.
3 minute read
March 30, 2023 | The American Lawyer

What Goes Up Must Come Down: NY Firms Come Back to Earth After Record 2021

Double-digit drops in revenue, PEP and other key financial metrics were the norm in 2022 for New York's elite firms.
7 minute read
March 28, 2023 | The American Lawyer

Deal Watch: Deals Down, Debt Offerings Up as Banking Saga Continues

Davis Polk's Neil Barr said it's too early to say whether the events of the past two-plus weeks will have a lasting impression on both the banking industry and the deal market moving forward.
7 minute read
March 27, 2023 | The American Lawyer

The American Lawyer's 2023 Dealmakers of the Year

The partners leading on 2022's most complex deals relied on ingenuity, deep client relationships and novel arrangements to get their clients' deals done.
1 minute read

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