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October 15, 2024 | New York Law Journal

Nasdaq-Traded Blockchain Company Countersues Financer Over 'Toxic Lending Practices'

"The parties never discussed these changes, which would result—if enforced in the case of a breach—in an unconscionable contract," Michael B. Carlinsky, co-managing partner at Quinn Emanuel Urquhart & Sullivan, wrote in the counterclaim.
4 minute read
October 15, 2024 | New York Law Journal

'Midnight in Moscow': A Memoir From the Front Lines of Russia's War Against the West

Jeffrey Winn reviews the memoir of a former U.S. ambassador to Russia who provides a close assessment of Vladimir Putin's past and motivations.
9 minute read
October 15, 2024 | New York Law Journal

Trends in Litigation, Part 4: Expedited Enforcement Procedures

This article is the last in a four-part series that examines how litigation can shape the evolution of best practices in the real estate industry. It discusses how care in drafting guarantees—a key feature of many real estate transactions—can help ensure the availability of the most efficient legal procedure for their enforcement.
8 minute read
October 14, 2024 | The Recorder

Attorney of the Year Finalist: Paul Loh, Willenken

Loh led a Willenken team that won a $505.6 million award for AbbVie Pharmaceuticals in a breach-of-contract dispute with drugmaker Takeda, believed to be the largest such verdict by a minority-owned firm.
6 minute read
October 14, 2024 | The Legal Intelligencer

Phila., Del. Firms Handling UArts' Ch. 7 Petition Fall Far Below Top Bankruptcy Rates

Fox Rothchild's Michael Menkowitz, formerly the firm's financial restructuring and bankruptcy chair, has the highest rate among all the attorneys listed on the matter, bringing in $1,160 per hour.
3 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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October 14, 2024 | The Recorder

Quinn Emanuel Staves Off Meta's Attempt to Stop £3.1B Collective Action

The case turns on whether or not the tech giant has abused its market position.
2 minute read
October 14, 2024 | The American Lawyer

Are Single-Tier Partnership Law Firms Fighting the Wind?

Recruiting and retaining senior associates—that gold mine of Big Law leverage—may now be more challenging to single-tier firms.
6 minute read
October 11, 2024 | National Law Journal

'Substantive Deficiencies': Judge Grants Big Law Motion Dismissing Ivy League Price-Fixing Claims

"The deficiencies in the Complaint that are the basis for granting the motion to dismiss are substantive in nature," U.S. District Judge Alvin W. Thompson wrote in the court order, "and nothing in the plaintiff's papers suggests that they could amend the Complaint to overcome these substantive deficiencies."
3 minute read
October 11, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

Runners-up this week include litigators from Sullivan & Cromwell, MoloLamken and Wilkinson Stekloff.
6 minute read
October 10, 2024 | The American Lawyer

Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors

The dismissal follows a second report from an independent examiner that found Sullivan & Cromwell didn't ignore red flags in pre-petition work for FTX.
2 minute read

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