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Corporate Counsel

Lawsuit Throws Spotlight on Former FTX GC, Calls Him Sullivan & Cromwell's 'Man on the Inside'

Ryne Miller is not a defendant in the shareholder lawsuit, but it asserts he helped funnel millions of dollars in work to Sullivan & Cromwell after he left the firm to join FTX in 2021.
6 minute read

The American Lawyer

White & Case Lands SEC Crypto Leader and Paul Hastings Real Estate Finance Partner

The new hires include Ladan Stewart, who headed the SEC's crypto and cyber litigation unit, as well as John Cahill, formerly a real estate finance practice group head at Paul Hastings.
4 minute read

New York Law Journal

When Investors Rush In: The Close of Sam Bankman-Fried's Criminal Case Signals More Lawsuits Against Private Equity Firms to Recoup Losses

The authors expect a wave of lawsuits against private equity firms by investors in the wake of private actions brought against the collapsed crypto platform FTX.
7 minute read

Daily Business Review

FTX Investors Claim Sullivan & Cromwell 'Aided' and Encouraged Fraud

S&C has generated $180 million "or 10% of the total revenue the 900-lawyer firm publicly stated it collected in all of 2022," according to a new lawsuit by FTX investors.
4 minute read

Corporate Counsel

Match.com Legal Chief Splits for GoDaddy and Its $10M Stock Grant

"I love technology that makes it easier for people to do the things they love, and I'm inspired by GoDaddy's mission to empower entrepreneurs everywhere through its technology platform," GoDaddy's chief legal and strategy officer Jared Sine said of his new role.
3 minute read

Delaware Business Court Insider

Crypto Contract Clash Gets Second Look From Delaware Supreme Court En Banc

The case, one attornmey said, uniquely issues of administrative, agency and securities law—and how they apply to a deal made at a time when regulatory standards for the crypto industry are evolving.
5 minute read

Daily Business Review

Crypto Investors Sue NBA, McCarter & English

"In so doing, McCarter & English was so reckless and grossly negligent in their work that they crossed the line into soliciting the sale of unregistered securities and in actively participating in and enabling this RICO Conspiracy that has caused …billions in damages," the plaintiffs alleged in the nearly 110-page lawsuit.
4 minute read

The American Lawyer

White & Case Helped Distribute Nearly 80% of Celsius Account Holder Funds Before Founder's Criminal Fraud Trial

The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
5 minute read

National Law Journal

Lowenstein Hires New Data Privacy Chair From Alston & Bird

Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read

Daily Business Review

Former Big Law Partner Gets 10 Years in Prison for Money Laundering

Former Manhattan U.S. Attorney Geoffrey S. Berman said the Florida lawyer, "who was an equity partner at a well-known international law firm, exploited his expertise as a seasoned corporate attorney to create sham investment funds."
5 minute read

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