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New York Law Journal

Goldman Sachs Offshore Fund Ordered to Pay NYC Corp. Tax on Capital Gains Made After Selling Interest in Hedge Fund Manager

The Appellate Division, First Department court ruled that even though the offshore fund had "no other presence" in New York City other than its minority interest in the hedge fund manager, "the business activities conducted in the City by the entity in which the taxpayer [fund] had invested provided a nexus between the taxpayer's capital gain and the City."
4 minute read

Daily Business Review

Hedge Fund Pay War Erupts at Sculptor as Board Member Quits

The dispute comes as Jimmy Levin appears to be slowly turning around Sculptor, which for years suffered outflows in the wake of a bribery investigation.
4 minute read

New York Law Journal

Greenberg Traurig Opens 2 Long Island Offices as Clients Leave Manhattan

New locations in Garden City and Bridgehampton will service fund managers, media moguls, real estate investors, and other well-heeled clients who have moved their residences and businesses out of the city.
4 minute read

The American Lawyer

Investment Firm Pretium Steps Into Litigation Finance Under Ex-Kirkland Partner

Matthew Cantor joined the company last year, and he will oversee former head of litigation finance Charles Schmerler, a former Norton Rose Fulbright partner.
3 minute read

Daily Business Review

Greenberg Traurig Laterals Keep Coming in Miami as Firm Prioritizes South Florida Growth

The Miami-based Am Law 100 firm has added 10 shareholders and of counsels since the beginning of 2020, including many in high-growth practices such as corporate, M&A, litigation, and international disputes and tax.
3 minute read

Daily Business Review

'Too Far, Too Fast': Miami Lawyers File MDL Against Robinhood Days Before Multibillion-Dollar IPO

"This case serves as a reminder to startup lawyers that their clients' ambition to change the world needs to be tempered somewhat by the realities on the ground," said Sean Burstyn, a plaintiff case team attorney.
4 minute read

New York Law Journal

Two Kirkland Partners Head for Latham, Willkie in New York

The two firms added partners in private equity and investment funds as deal work and competition for lateral talent continue apace.
4 minute read

The American Lawyer

Akin Gump Lands Former Schulte Investment Funds Attorney, Eyes More Growth in Asia

Firms chairperson Kim Koopersmith said the hiring of Brian Daly "further solidifies" the firm's standing as a leading global hedge fund practice.
3 minute read

National Law Journal

Lawyers Line Up to Defend Antitrust Allegations Over GameStop Trading Halt

Appearing before the U.S. Judicial Panel on Multidistrict Litigation, which will hear arguments on March 25 about whether to coordinate nearly 50 class actions over the trading scandal, were Cravath's Kevin Orsini for Robinhood and Bartlit Beck's Adam Hoeflich for Citadel. Also appearing was Thomas Redburn of Lowenstein Sandler for Melvin Capital Management.
5 minute read

Corporate Counsel

Ex-Hedge Fund Lawyer Takes Over as General Counsel for Burger King, Popeyes Operator

Jared Landaw most recently served as chief lawyer and operating officer at hedge fund Barrington Capital Group and was an attorney at Skadden, Arps, Slate, Meagher & Flom earlier in his career.
3 minute read

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