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Petroleos de Venezuela S.A. v. MUFG Union Bank N.A.
Publication Date: 2024-07-16
Practice Area: Creditors' and Debtors' Rights
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Per Curiam
Attorneys:
For plaintiff: For Plaintiffs-Counter-Defendants-Appellants: Michael J. Gottlieb, Kristin E. Bender, Willkie Farr & Gallagher LLP, Washington, D.C.; Nicholas Reddick, Willkie Farr & Gallagher LLP, San Francisco, CA; Jeffrey B. Korn, Willkie Farr & Gallagher LLP, New York, NY; Kurt W. Hansson & James Ferguson, Paul Hastings LLP, New York, NY; Igor V. Timofeyev, Paul Hastings LLP, Washington, D.C.
For defendant: For Defendants-Counter-Claimants-Appellees: Jonathan H. Hurwitz, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Roberto J. Gonzalez, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, D.C.; Matthew S. Salerno, Latham & Watkins LLP, New York, NY. For Amicus Curiae the Bolivarian Republic of Venezuela: Donald B. Verrilli, Jr., Elaine J. Goldenberg Munger, Tolles & Olson LLP, Washington, D.C.; George M. Garvey, Munger, Tolles & Olson LLP, Los Angeles, CA. For Amici Curiae David Landau, Nelson Camilo Sanchez Leon, Mila Versteeg, and Diego Zambrano: Douglass Mitchell, Previn Warren, Jenner & Block LLP, Washington, D.C.
Case number: 20-3858

Venezuelan Law Governs Validity of Notes, Indenture, Agreement Governing Debt Issue

Litovich v. Bank of America Corp.
Publication Date: 2024-07-12
Practice Area: Civil Procedure | Judges
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. Court of Appeals for the Second Circuit
Judge: Per Curiam
Attorneys:
For plaintiff: For Plaintiffs-Appellants: Gregory Rapawy, Eliana Margo Pfeffer, on the brief, David C. Frederick, Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., Washington, DC. For Plaintiffs-Appellants: Christopher M. Burke, Scott+Scott Attorneys at Law LLP, New York, NY. For Plaintiffs-Appellants: Walter W. Noss, Kate Lv, Scott+Scott Attorneys at Law LLP, San Diego, CA. For Plaintiffs-Appellants: George A. Zelcs, Chad E. Bell, Ryan Z. Cortazar, Korein Tillery LLC, Chicago, IL. For Plaintiffs-Appellants: Glen E. Summers, Karma M. Giulianelli, Bartlit Beck LLP, Denver, CO.
For defendant: For Defendants-Appellees The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC: Matthew J. Porpora, Jonathan S. Carter, on the brief, Richard C. Pepperman II, Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellees Bank of America Corporation, BofA Securities, Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated: Adam S. Hakki, Richard F. Schwed, Shearman & Sterling LLP, New York, NY. For Defendant-Appellee Barclays Capital, Inc.: Barry G. Sher, Kevin P. Broughel, Paul Hastings LLP, New York, NY. For Defendant-Appellee Credit Suisse Securities (USA) LLC: Herbert S. Washer, Sheila C. Ramesh, Adam S. Mintz, Cahill Gordon & Reindel LLP, New York, NY. For Defendants-Appellees JPMorgan Chase & Co. and J.P. Morgan Securities LLC: Robert D. Wick, John S. Playforth, Covington & Burling LLP, Washington, DC. For Defendant-Appellee NatWest Markets Securities Inc: Paul S. Mishkin, Adam G. Mehes, Davis Polk & Wardwell LLP, New York, NY. For Defendants-Appellees Citigroup Inc. and Citigroup Global Markets Inc.: Jay Kasner, Karen M. Lent, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY. For Defendant-Appellant Deutsche Bank Securities Inc.: John F. Terzaken, Adrienne V. Baxley, Simpson Thacher & Bartlett LLP, Washington, DC. For Defendants-Appellees Morgan Stanley, Morgan Stanley & Co. LLC, and Morgan Stanley Smith Barney LLC: Richard A. Rosen, Brad S. Karp, Susanna M. Buergel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Kannon K. Shanmugam, Jane B. O'Brien, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, DC. For Defendants-Appellees Wells Fargo & Co., Wells Fargo Securities, LLC, and Wells Fargo Clearing Services, LLC: Jayant W. Tambe, Laura W. Sawyer, Amanda L. Dollinger, Jones Day, New York, NY.
Case number: 21-2905

Judgment Vacated; Statute, Precedents Required Judge's Pre-Judgment Disqualification

Appellate Division, First Department: July 1, 2024
Publication Date: 2024-07-01
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, Second Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:June 25, 2024

Firefighters Pension Sys. of the City of Kansas City, Missouri Trust v. Found. Bldg. Materials, Inc.
Publication Date: 2024-06-18
Practice Area: Mergers and Acquisitions
Industry: Construction | Distribution and Wholesale
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Michael Hanrahan, Samuel L. Closic, Jason W. Rigby, Seth T. Ford, Prickett, Jones & Elliott, Wilmington, DE; Lee D. Rudy, J. Daniel Albert, Kevin M. Kennedy, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff.
For defendant: Daniel A. Mason, Elizabeth Wang, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Andrew G. Gordon, Alexia D. Korberg, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Raymond J. DiCamillo, Matthew D. Perri, Kevin M. Kidwell, Richards, Layton & Finger P.A., Wilmington, DE; Bradley R. Aronstam, S. Michael Sirkin, Elizabeth M. Taylor, Ross Aronstam & Moritz LLP, Wilmington, DE; John A. Neuwirth, Evert J. Christensen, Jr., Matthew S. Connors, Tania C. Matsuoka, Weil, Gotshal & Manges LLP, New York, NY; A. Thompson Bayliss, Daniel G. Paterno, Abrams & Bayliss LLP, Wilmington, DE; Barry G. Sher, Kevin P. Broughel, Paul Hastings LLP, New York, NY; William B. Chandler III, Brad D. Sorrels, Leah E. León, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Elena C. Norman, James M. Yoch, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Brian M. Lutz, George B. Adams III, Gibson, Dunn & Crutcher LLP, San Francisco, CA; Colin B. Davis, Gibson, Dunn & Crutcher LLP, Irvine, CA for defendants.
Case number: 2022-0466-JTL

Court declined to dismiss non-exculpated fiduciary claims where defendants had a clear conflict of interest between continuing to operate the company or sell it and receive a valuable termination payment.

In the Matter of Reclaim The Records v. New York State Department of Health
Publication Date: 2024-05-24
Practice Area: Criminal Appeals
Industry:
Court: Appellate Division, Third Department
Judge: Unsigned Clark, J.P., Lynch, Reynolds Fitzgerald, Ceresia and Powers, JJ.
Attorneys:
For plaintiff:
For defendant:
Case number: CV-23-0669

In the Matter of Reclaim The Records v. New York

In re: Cognizant Tech. Solutions Corp. Derivative Litig.
Publication Date: 2024-05-20
Practice Area: Corporate Entities
Industry:
Court: U.S. Court of Appeals for the Third Circuit
Judge: Justice Fuentes
Attorneys:
For plaintiff: William B. Federman (Federman & Sherwood); Matthew F. Gately, Peter S. Pearlman (Cohn Lifland Pearlman Herrmann & Knopf); Benny C. Goodman, III, Steven Hubachek, Erik W. Luedeke (Robbins Geller Rudman & Dowd); James M. Ficaro, Robert B. Weiser (The Weiser Law Firm); Gary S. Graifman (Kantrowitz Goldhamer & Graifman); Britt W. Sowle (Cavanagh & O’Hara); Melissa A. Fortunato (Bragar Eagel & Squire); Ligaya T. Hernandez, Michael J. Hynes (Hynes Keller & Hernandez); James S. Notis (Gardy & Notis); Jennifer Sarnelli (Gardy & Notis)
For defendant: Charles A. Brown, Daniel P. Roeser (Goodwin Procter); William Evans (Goodwin Procter); William M. Jay (Goodwin Procter); Sarah D. Efronson, Rajeev Muttreja (Jones Day); Christopher J. Keale, James H. Keale (Tanenbaum Keale); Theodore V. Wells, Jr., Andrew J. Ehrlich, Alison R. Benedon (Paul Weiss Rifkind Wharton & Garrison); Matthew D. Stachel (Paul Weiss Rifkind Wharton & Garrison)
Case number: 22-3027

Under a De Novo Standard of Appellate Review, District Court Correctly Concluded Shareholders Failed to Demonstrate Lack of Independence of a Majority of the Board

Int'l Constr. Prod., LLC v. Caterpillar Inc.
Publication Date: 2024-04-29
Practice Area: Antitrust
Industry: E-Commerce | Manufacturing
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys:
For plaintiff: Matthew D. Stachel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; William A. Isaacson, Amy J. Mauser, David E. Cole, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, D.C. for plaintiff.
For defendant: David J. Baldwin, Peter C. McGivney, Berger Harris, Wilmington, DE; Joseph A. Ostoyich, Danielle Morello, Clifford Chance LLP, Washington, D.C.; Paul C. Cuomo, Heather Souder Choi, Adam Dec, Baker Botts LLP, Washington, D.C. for defendants.
Case number: 15-108-RGA

Sherman Act violation claim failed under the rule of reason where plaintiff failed to present sufficient evidence to define the relevant geographic or product market, but removal of plaintiff's products from a website, which hampered its ability to compete, was sufficient evidence of refusal to deal.

Appellate Division, First Department: April 29, 2024
Publication Date: 2024-04-29
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:April 25, 2024

Appellate Division, First Department: April 18, 2024
Publication Date: 2024-04-18
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:April 16, 2024

Appellate Division, First Department: April 8, 2024
Publication Date: 2024-04-08
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:April 4, 2024

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