(Credit: kittitee550/Adobe Stock) California Law Firm's Dissolution Highlights Succession-Planning Challenges
Selman Breitman is dissolving as managing partner Neil Selman prepares to step down from leadership, revealing the succession challenges that are prompting midsize firms to reconsider their future.
November 21, 2022 at 07:00 AM
3 minute read
California-based Selman Breitman announced its dissolution last week as managing partner Neil Selman prepares to step down from leadership, revealing the succession challenges that are prompting midsize firms to reconsider their future.
Selman Breitman's insurance coverage group is going out on its own under the name Selman, Leichenger, Edson, Hsu, Newman & Moore, with Selman transitioning to an of counsel role. Meanwhile, some 50 litigators on the West Coast are joining Atlanta-based Hawkins Parnell, offering the firm an expanded footprint in San Diego and Orange County in California, as well as Seattle and Las Vegas.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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