The Delaware vice chancellor presiding over litigation regarding a $570 million payout to Apollo Global Management Inc. insiders has disqualified herself from the case after a possible conflict of interest arose due to her former role as an attorney with Skadden Arps Slate Meagher & Flom LLP, which was involved in a merger with ties to the payout.
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TOP NEWS

Del. Judge Recuses Herself From Apollo $570M Payout Suit

By Katryna Perera

The Delaware vice chancellor presiding over litigation regarding a $570 million payout to Apollo Global Management Inc. insiders has disqualified herself from the case after a possible conflict of interest arose due to her former role as an attorney with Skadden Arps Slate Meagher & Flom LLP, which was involved in a merger with ties to the payout.

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Kirkland-Led Avant Wraps Latest Fund With $1B In Tow

By Jade Martinez-Pogue

Avant Natural Resources, advised by Kirkland & Ellis LLP, revealed Wednesday the Denver-based energy investment firm closed its latest fund at its hard cap after raising over $1 billion in total equity commitments.

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Lenders Left Out Of Serta Uptier Deal Win $400M In Ch. 11 Suit

By Clara Geoghegan

Creditors that were excluded from Serta Simmons' so-called uptier debt restructuring are entitled to $261 million in damages plus interest, a Texas bankruptcy court has found, ruling against lenders that participated in the 2020 transaction.

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LITIGATION

Day Pitney Can't Be Cut Off From New Counsel, Client Says

By Aaron Keller

A former Connecticut chief justice's ethics gaffe cannot preclude fellow lawyers at Day Pitney LLP from communicating with new counsel for John B. Clinton, a private equity management firm owner locked in a 13-year-old, $1.3 million corporate windup lawsuit, Clinton has urged a Connecticut state court judge to conclude.

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PEOPLE

K&L Gates Adds Ex-CFTC Chief Counsel From Willkie Farr

By Tracey Read

K&L Gates LLP has brought on a Willkie Farr & Gallagher LLP attorney who is a former chief counsel to ex-Commodity Futures Trading Commissioner Kristin N. Johnson, the firm said Wednesday.

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M&A Private Equity Atty Rejoins Akin From Paul Weiss

By Tracey Read

Akin Gump Strauss Hauer & Feld LLP announced Wednesday that a Paul Weiss Rifkind Wharton & Garrison LLP mergers and acquisitions and private equity partner has returned to its New York office.

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Foley Adds Attys From Kirkland, Goodwin To Corporate Team

By Lynn LaRowe

Foley & Lardner LLP has strengthened its corporate bench with a Dallas-based partner who came aboard from Kirkland & Ellis LLP and a Boston-based partner from Goodwin Procter LLP.

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LEGAL INDUSTRY

Attys Win $2.5M Fee Award After $63K Native Bias Verdict

By Joyce Hanson

A South Dakota hotel must pay an Indigenous advocacy group about $2.5 million in attorney fees following a trial jury's $63,191 verdict in a civil rights case claiming the business discriminated against Native American tribe members based on race, a federal judge has ruled.

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Conn. To Develop Pilot Behavioral Health Court In New Haven

By Christine DeRosa

A new task force has been formed in Connecticut aimed at developing a pilot behavioral health court in New Haven, with an eye toward expanding the program throughout the state.

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Ex-Associate Says Jackson Lewis Pushed Her Out After Leave

By MJ Koo

A former associate attorney who was on the partnership track at Jackson Lewis PC has brought suit against the employment law firm in California state court, alleging that it refused to accommodate her temporary medical restrictions after she returned from leave and pressured her to accept a demotion or resign.

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Squire Patton Adds Atty From House Epstein, Trump Probes

By Tracey Read

A key player in government investigations into Jeffrey Epstein's crimes and the assassination attempts on President Donald Trump has joined Squire Patton Boggs LLP to lead the firm's congressional investigations group, the firm announced Thursday.

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Ex-Wis. Judge Appeals Conviction In ICE Obstruction Case

By Ganesh Setty

A former Wisconsin state judge convicted of obstructing immigration authorities trying to arrest a defendant after he appeared in her courtroom lodged an appeal before the Seventh Circuit on Thursday, after avoiding a prison sentence but being fined $5,000.

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COMPANIES IN TODAY'S NEWS

Akin's

Apollo Global Management LLC

Athene Holding Ltd.

Boston College

Cornell University

Fort Point Capital

International Swaps & Derivatives Association Inc.

Monster Beverage Corp.

Natixis SA

New York Law School

New York University

Rite Aid Corp.

Serta Simmons Bedding LLC

Yale University

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Akin Gump

Alexander Morrison & Fehr

Baker Botts

Bingham McCutchen

Day Pitney

Foley & Lardner

Fried Frank

Friedlander & Gorris

Gibson Dunn

Gimbel Reilly

Goodwin Procter

Gordon Rees

Holland & Knight

Holwell Shuster

Jackson Lewis PC

John Pierce Law

K&L Gates

Kirkland & Ellis

Law Offices of Garrett S. Flynn

Linklaters LLP

Milbank LLP

Paul Weiss

Potter Anderson

Quinn Emanuel

Robbins Geller

Robins Kaplan

Ross Aronstam

Shipman & Goodwin

Skadden Arps

Squire Patton

Strang Bradley

Weil Gotshal

Willkie Farr

GOVERNMENT AGENCIES IN TODAY'S NEWS

Committee on House Administration

Commodity Futures Trading Commission

Connecticut Judicial Branch

Delaware Court of Chancery

Los Angeles Superior Court

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of South Dakota

United States District Court for the Eastern District of Wisconsin