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August 15, 2024 | National Law Journal

9 Big Law Firms See Work From SEC's Latest Enforcement Action

Davis Polk, Sidley, Foley, Milbank, Wilmer, King & Spalding and other firms were defense counsel for 26 broker-dealers, corporate insiders and others for widespread recordkeeping failures.
3 minute read
August 13, 2024 | New York Law Journal

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can't Sue Over Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations made about itself cannot be imputed to another company that later acquired it."
4 minute read
August 13, 2024 | The American Lawyer

Deal Watch: AI Race Changes Deal Market, Influencing Capital Markets, Energy, Real Estate Practices

Simpson Thacher partner David Azarkh said the need for capital to support AI companies and those in the energy, data, infrastructure and real estate industries "will mean additional capital markets offerings."
8 minute read
August 13, 2024 | The American Lawyer

Davis Polk Adds Debevoise Fund Formation Partners in 'Transformative Development'

Firm chair Neil Barr said, "Growing our investment management platform to scale is a top priority for our firm."
3 minute read
August 12, 2024 | National Law Journal

Budding Circuit Consensus: SPAC Investors Can't Sue Over Acquired Company's Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations made about itself cannot be imputed to another company that later acquired it."
4 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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August 12, 2024 | The American Lawyer

After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly

Many associates are asking whether their firms will give out summer bonuses, putting pressure on firms to match Milbank's bold move, one recruiter noted.
6 minute read
August 12, 2024 | The American Lawyer

Skadden's Reputation Remains Sterling. So Why Are Partners Leaving?

The firm's M&A brand is as strong as any, but it has weathered a rare leadership transition and some observers say the private equity practice falls short of elite peers.
8 minute read
August 08, 2024 | The American Lawyer

Milbank Rolls Out Summer Bonuses for Associates, Counsel

First-year associates will earn an extra $6,000, while the firm's most senior associates as well as special counsel will earn an additional $25,000.
2 minute read
August 06, 2024 | The American Lawyer

Davis Polk Brings On A&O Shearman Veteran

A long-term private equity partner from A&O Shearman is leaving to join Davis Polk's London office.
2 minute read
August 01, 2024 | Corporate Counsel

AI Startup Valued at $850 Million Hires Former Google AI Policy Lead as GC

As the top lawyer at Abridge, Hwang will lead a legal team of three, and oversee the company's legal strategy, public policy, and trust and safety initiatives.
3 minute read

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