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April 09, 2024 | New York Law Journal

Splitting Brains: Shareholder Use (and Misuse) of Confidential Board Information

Two recent cases address the question: "How and when that shareholder can use confidential information gained by reason of that board seat?" Authors Adrienne Ward and Elizabeth Gonzalez-Sussman, provide an overview of the cases and offer guidance for activist and institutional investors. They outline distinctly different rulings, why opposite results were reached, and how institutional investors and activists should approach placing directors on a board.
9 minute read
April 09, 2024 | The American Lawyer

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
April 08, 2024 | The Legal Intelligencer

Ozempic Leadership Fight Escalates: Proposed Co-Leads Are 'Losing Control'

Sarah Foster, of Schlesinger Law Offices in Fort Lauderdale, continued to insist she and others were excluded from the Ozempic leadership process, noting the last-minute addition of two lawyers to the proposed team.
6 minute read
April 08, 2024 | The American Lawyer

Deal Watch: Kirkland, Simpson, Latham, Cravath Lead $13B Endeavor Buy

At least nine large law firms got a share of the work from Silver Lake's buy of Endeavor Group. The deal is another example of megadeals that are in bloom this year.
9 minute read
April 08, 2024 | The American Lawyer

Paul Weiss Eyes Brussels Expansion With Second Partner Hire in a Week

The latest hires in Brussels comes amid the firm's rapid expansion drive in London.
2 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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April 08, 2024 | The Legal Intelligencer

Authority Over Tort Law and Attorney Discipline: What the Pa. High Court Is Eyeing in April

The 11 cases set to go before the justices touch on a range of impactful issues, including federal authority to shape tort law, insurance coverage for COVID-19 business interruption claims, and the burden of proof required to demonstrate rule violations in lawyer discipline matters.
5 minute read
April 08, 2024 | The American Lawyer

Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers

Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
19 minute read
April 05, 2024 | National Law Journal

Sullivan & Cromwell, Williams & Connolly Expand DC Space, as Leasing Activity Picks Up

As S&C and Williams & Connolly each take roughly a floor of extra space, Finnegan is giving back a floor in D.C.
3 minute read
April 05, 2024 | Corporate Counsel

'It Was the Next Graduation': How an In-House Lawyer Became a Serial Entrepreneur

"You get a lot of good training at the law firm but it's still not enough. It's necessary but not sufficient. The sufficient part is to see things from the business side—to tie your work in-house to exactly the product and services that the company is providing, because that will color how you deliver legal services," Adam Nguyen said.
9 minute read
April 04, 2024 | The Legal Intelligencer

Under Fire, Ozempic Lawyers Add Two 'Team Players' to Proposed Leadership

Plaintiffs lawyers who assembled a proposed leadership team in Ozempic lawsuits fired back at the accusation that they excluded attorneys—then added two more lawyers to their proposed team.
5 minute read

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