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December 19, 2024 | Delaware Business Court Insider

Delaware Supreme Court Adopts Broad Interpretation of Case Law on Anticompetition Provisions

Chief Justice Collins J. Seitz Jr. wrote that the court used the employee choice doctrine in Cantor Fitzgerald after weighing conflicting policy concerns, distinguishing forfeiture for competition provisions from restrictive covenants, which can be enforced through injunctive relief.
3 minute read
December 13, 2024 | New York Law Journal

SEC Issues $6.75M Fine Against Financial Firm Led by Trump's Choice to Lead Commerce Dept.

The SEC said two Cantor Fitzgerald-controlled blank check companies failed to inform investors of ongoing talks with acquisition targets before going public.
3 minute read
December 11, 2024 | Delaware Business Court Insider

In Del. Win, Cantor Fitzgerald Fends Off Former Partners’ Antitrust Claims Over Post-Employment Pay

After Cantor Fitzgerald got an earlier ruling from the Delaware Supreme Court finding the forfeiture-for-competition provisions of its partnership agreements valid under state law, Benjamin Nagin and Tacy Flint of Sidley Austin and David Paul, the co-head of litigation at the financial services firm, won a motion to dismiss federal antitrust claims brought on behalf of former partners.
7 minute read
December 10, 2024 | The Recorder

What We Learned From In-House Lawyers in 2024

This year we gained insights from Steve Mahieu of The Kraft Heinz Co., Nikki Stitt Sokol of Meta Platforms Inc. and Pete Welch of Take-Two Interactive Software Inc. We want to hear from more of your clients.
7 minute read
December 10, 2024 | Litigation Daily

What We Learned From In-House Litigators in 2024

This year we gained insights from Steve Mahieu of The Kraft Heinz Co., Nikki Stitt Sokol of Meta Platforms Inc. and Pete Welch of Take-Two Interactive Software Inc. We want to hear from more of your clients.
7 minute read
December 06, 2024 | Litigation Daily

Litigator of the Week: Cantor Fitzgerald Fights Off Former Partners’ Antitrust Claims Over Post-Employment Pay

After Cantor Fitzgerald got an earlier ruling from the Delaware Supreme Court finding the forfeiture-for-competition provisions of its partnership agreements valid under state law, Benjamin Nagin and Tacy Flint of Sidley Austin and David Paul, the co-head of litigation at the financial services firm, won a motion to dismiss federal antitrust claims brought on behalf of former partners.
7 minute read
November 20, 2024 | Delaware Business Court Insider

Private Equity Firm's Counsel to Del. Supreme Court: Forfeiture Provisions Present 'a Choice'

It's the second time since October that the court has been asked how and if its January decision in Cantor Fitzgerald LP v. Ainslie affects certain anti-competitive provisions in employment agreements.
4 minute read
November 12, 2024 | The American Lawyer

Deal Watch: Simpson, Freshfields, Wachtell Lead Big Deals as SPACs, IPOs Crank Up

Several factors, including interest rate reductions, strong market performance and an incoming U.S. governmental administration with little regard for regulation, are pulling equity markets forward.
11 minute read
November 04, 2024 | New York Law Journal

Protecting Client Assets When Noncompetes Are Under Attack: Effective Alternatives

Regardless of how the FTC ultimately fares on appeal, the FTC rule is not the only challenge to noncompetition agreements. Significant legislative proposals to limit noncompetes have been introduced in more than thirty states and in Congress.
8 minute read
October 24, 2024 | New York Law Journal

See Who Passed the July 2024 Bar Exam

Of the 10,392 candidates the Board examined in July, 7,158 passed for an overall passing rate of 69%.
101 minute read

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