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July 13, 2022 | The American Lawyer

Big Law Gears Up for Likely 8-Figure Legal Battle Between Twitter, Musk

Some partner billing rates at Wachtell are close to $2,000 an hour while some Wilson Sonsini's rates hover near $1,000.
7 minute read
July 13, 2022 | The Recorder

Baker McKenzie Goes Big on Strategic M&A, Adding Tech Dealmaker From Ropes & Gray

Matthew Jacobson, joining from Ropes & Gray, said Baker McKenzie has captured "the best of both worlds" with a critical mass of M&A practitioners in the Valley and a broad platform.
4 minute read
July 12, 2022 | Law.com

Twitter Asks Delaware Chancery Court to Enforce $44B Deal With Musk

"Musk apparently believes that he—unlike every other party subject to Delaware contract law—is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away," the complaint says.
3 minute read
July 12, 2022 | The Recorder

'Model of Hypocrisy'?: Twitter Asks Court to Enforce Musk's $44B Acquisition Deal

Musk's method of abandoning the deal was excoriated as "bad faith" according to a 62-page complaint filed on behalf of Twitter.
3 minute read
July 12, 2022 | Delaware Business Court Insider

'Model of Hypocrisy'?: Twitter Asks Delaware Chancery Court to Enforce Musk's $44B Acquisition Deal

Musk's method of abandoning the deal was excoriated as "bad faith" according to a 62-page complaint filed on behalf of Twitter.
3 minute read
July 12, 2022 | Law.com

Who Got the Work?℠: Big Law Jumps Into Dispute Over 'Double Dare' Trademark and More

Welcome to "Who Got the Work?℠," a regular column that highlights the law firms and lawyers around the country who are being brought in to handle key cases and close major deals for their clients.
12 minute read
July 12, 2022 | Delaware Law Weekly

Duane Morris Names Del. and NY Attorneys to Partnership

Duane Morris has recently announced that it has promoted two attorneys, Rebecca Guzman of the firm's Wilmington office and Reshma Shah of the firm's New York office, to the firm partnership.
2 minute read
July 11, 2022 | National Law Journal

Why SEC Lawyers Will Keep Flocking to Private Practice

"The floodgates are open, and will remain open for as long as possible," said Major, Lindsey & Africa's Jeffrey Lowe.
6 minute read
July 11, 2022 | The American Lawyer

Deal Watch: Twitter Lawyers Up With Wachtell Lipton

Wachtell's William Savitt, co-chair of its litigation department, wrote in a letter that Twitter "demands that Mr. Musk" comply with his obligations under a deal agreement.
6 minute read
July 11, 2022 | New York Law Journal

Biden Administration Withdraws Trump-Era Policy on Standard-Essential Patents Enforcement in Favor of a 'Case-by-Case' Approach

Following the withdrawal, major sectors of the economy are left without any formal guidance on how the DOJ, the USPTO, and the NIST will treat issues concerning industry essential patents in the coming months. It appears as though uncertainty surrounding the future of Standard Essential Patent enforcement will continue in the Biden administration.
10 minute read

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