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February 06, 2023 | The American Lawyer

Deal Watch: Cravath, Dechert, Simpson and Schulte Guide Financial Firm Merger Amid Another Slow M&A Week

While Big Law steered a few big announced mergers in the last week, mega deals continued to trickle. A slowdown in leverage finance deals was partly behind last year's drop in M&A. And it may continue this year.
5 minute read
February 03, 2023 | Litigation Daily

A Fresh Batch of Litigator of the Week Runners-Up and Shout Outs

Runners-up this week include litigators at Skaden and Sheppard Mullin.
5 minute read
February 02, 2023 | Corporate Counsel

Maynard Cooper Practice Leader Departs for GC Role at Tech Startup

Jamal Al-Haj said he is jumping aboard Density because he was wowed by its leadership and product. Its sensors measure how busy a space is in real time.
2 minute read
February 01, 2023 | Law.com

UK Firms Are Losing Market Share in Asia. But Why?

In the battle for market share in Asia, U.K. law firms are losing out, while U.S. firms are doing just fine, writes Jessica Seah in the Asia Legal Briefing. So what's up?
5 minute read
February 01, 2023 | Law.com

'Fraud on a Massive Scale': Tom Girardi Charged With Embezzling $18M From Clients

On Wednesday, prosecutors in Los Angeles and Chicago announced indictments against Girardi, formerly of now defunct Girardi Keese, alleging he embezzled $18 million in settlements from his own clients.
6 minute read
February 01, 2023 | Delaware Business Court Insider

Delaware Supreme Court Delivers Resounding Reversal of Chancery Court Ruling in 'Boardwalk Pipeline Partners'

'Twas the week before Christmas, and the Delaware Supreme Court delivered an early present to Loews Corp.: a resounding reversal of a 2021 Delaware Court of Chancery ruling excoriating the entire process through which Boardwalk Pipeline Partners' general partner took the company private and awarding the plaintiff investors with nearly $700 million in damages, plus interest.
10 minute read
January 27, 2023 | The Recorder

Skadden Defends Flagstar Bancorp in Data Breach Suit

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
January 25, 2023 | Delaware Business Court Insider

Del. High Court Overturns Landmark Chancery Ruling in 'Boardwalk Pipeline Partners'

Delaware's Supreme Court unanimously overturned a landmark Chancery Court judgment holding a general partner liable for exercising an option to cash out minority holders in bad faith reliance on a "contrived" legal opinion.
8 minute read
January 23, 2023 | The American Lawyer

Deal Watch: As Tech Layoffs Surge, Law Firms Seek Growth With Other Business Drivers

The past week saw no large announced tech transactions. The law firms that have typically advised Big Tech now appear to be seeking growth in other sectors and practices.
5 minute read
January 20, 2023 | National Law Journal

Ex-Clerks and Experts Left Puzzled by Vague Report on 'Dobbs' Leak

"I suspect the justices decided that the risks to the separation of powers were greater than the risk of not finding the leaker," said law professor Josh Blackman about the high court's choice to not use federal investigatory resources.
4 minute read

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