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Articles and coverage to inform legal professionals about hedge fund news, law, cases, and verdicts
By Emily Saul | March 9, 2023
The Appellate Division, Second Department said group of active and retired Corrections Officers had no standing to sue the Corrections Officer Benevolent Association in a derivative action against labor unions organized as "not-for-profit" corporations.
3 minute read
By Patrick Smith | February 1, 2023
Jaime Madell said the derivatives practice at major law firms is at an inflection point.
2 minute read
By Emily Saul | December 29, 2022
The cross motion for sanctions follows a request earlier this month from Black's attorneys at Perry Guha, Quinn Emanuel and Estrich Golden that Wigdor face sanctions – claiming Wigdor failed to conduct proper due diligence on their client before representing her in her lawsuit against Black.
4 minute read
By Emily Saul | December 16, 2022
Leon Black is seeking sanctions against Wigdor, claiming they've failed to to their due diligence prior to filing lawsuits accusing him of rape and sexual assault.
2 minute read
By Jane Wester | September 1, 2022
In a statement, U.S. Attorney Damian Williams of the Southern District of New York described market manipulation as "pernicious in all its forms."
3 minute read
By Emily Cousins | August 30, 2022
"Look around! LAST WARNING," read an email filed in court documents.
4 minute read
By Justin Henry | August 29, 2022
The firm has accumulated a client base that now includes some of the largest and most influential investment managers on the planet.
7 minute read
By Andrew Denney | August 10, 2022
Ed Winters said he's bringing a book of business with him, noting because his practice is "very trans-Atlantic in nature," working for a global law firm like Eversheds seemed like a natural fit.
2 minute read
By Dan Roe | June 7, 2022
William Sorabella arrives at Cooley as the California-founded firm bets on a robust M&A market in New York, having added several public companies and biotechnology partners in the past year.
3 minute read
By Jason Grant | April 15, 2022
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
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