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Diminished Capacity a Tough Sell to Girardi Jury, Outside Lawyers Say
August 19, 2024
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Trump H-1B Visa Wage Rule Gives Clue to Second-Term Immigration Policy
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Trump H-1B Visa Wage Rule Gives Clue to Second-Term Immigration Policy
August 19, 2024
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What 7th Circ. Samsung Decision Means for Mass Arbitration
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What 7th Circ. Samsung Decision Means for Mass Arbitration
August 19, 2024
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On July 1, in Wallrich v. Samsung Electronics America Inc., the US Court of Appeals for the Seventh Circuit held that once an arbitrator terminates mass arbitration proceedings for a failure to pay initial fees, arbitration is complete, and courts cannot order payment of those fees when that issue is delegated to the arbitrator. The decision highlights a fascinating strategic showdown that creates a new avenue to combat mass-filed arbitrations, and the remedies available to mass arbitration filers in the face of nonpayment by the defending party in an arbitration. Companies should evaluate their arbitration provisions in light of Wallrich v. Samsung – and strategically choose the arbitral forum and venue, and the law that applies, to take advantage of case law developments on mass arbitrations.
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ILTACON 2024: Technology Can Support Law Firm Profitability — If Done Right
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ILTACON 2024: Technology Can Support Law Firm Profitability — If Done Right
August 19, 2024
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Implications for Nonprofit Health Care from the NRA Litigation
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Implications for Nonprofit Health Care from the NRA Litigation
August 16, 2024
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Intuit Decision Shows 401(k) Forfeiture Suits Gaining Traction
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Intuit Decision Shows 401(k) Forfeiture Suits Gaining Traction
August 16, 2024
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Critical Mass with Law.com’s Amanda Bronstad: Former Clients, Employees, Testify in Tom Girardi Trial; South Carolina Talc Trial Wraps Up This Week
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Critical Mass with Law.com’s Amanda Bronstad: Former Clients, Employees, Testify in Tom Girardi Trial; South Carolina Talc Trial Wraps Up This Week
August 14, 2024
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McDermott Continues Global Transactions Practice Expansion With New Finance Partner in Frankfurt
DEAL ANNOUNCEMENT / PRESS RELEASE
McDermott Continues Global Transactions Practice Expansion With New Finance Partner in Frankfurt
August 13, 2024
Read time: 3 min
August 13, 2024 – International law firm McDermott Will & Emery welcomes Alexander Klein as a partner in its Frankfurt office, further strengthening its finance practice in Germany.
“Along with Matthias Weissinger and Ludwig Zesch in Munich, Alexander will bolster our acquisition finance and leveraged finance practice,” said Harris Siskind, global head of McDermott’s Transactions Practice Group. “Alexander specifically will increase the support for our private equity and corporate teams in Germany.”
Alexander has substantial experience in banking and finance law, covering areas such as acquisition financing, corporate finance and syndicated lending for both domestic and international transactions. He provides guidance to financial investors, banks, private debt funds and corporations.
“Alexander’s appointment supports our strategy of creating a leading German private equity and finance service for our clients,” said Matthias Kampshoff, Managing Partner of McDermott’s Germany offices. “Alexander’s arrival is very welcome, as our finance team in Germany has been exceptionally busy this year.”
Handelsblatt/The Best Lawyers™ recognized Alexander as a top lawyer in Banking and Finance Law in Germany in 2023/2024. He was also nominated for Euromoney LMG’s “Europe Rising Stars Award” in 2019 in the Banking and Finance category. Additionally, Expert Guides named Alexander a Rising Star in 2022 for Banking and Finance/Financial Services Regulation.
“Over the past year we have expanded our finance and private equity practices with the recent additions of Matthias Weissinger, Ludwig Zesch, Holger Ebersberger and Hanno Witt,” said Frank Müller, managing partner of the Firm’s Frankfurt office. “We are thrilled that Alexander is joining the team.”
“I am very excited to be part of McDermott. It has a great reputation in private equity and financings and restructurings, and I look forward to helping clients with their finance needs and introducing them to all that McDermott has to offer,” said Alexander.
McDermott’s German Transactions Practice Group is now comprised of 94 lawyers across the Frankfurt, Munich and Düsseldorf/Cologne offices.
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States Are Writing Their Own Rules for AI in Health Care
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States Are Writing Their Own Rules for AI in Health Care
August 12, 2024
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US Antitrust Enforcers Challenge Big Tech Monopolisation and Proposed Mergers in Recent Litigation Developments
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US Antitrust Enforcers Challenge Big Tech Monopolisation and Proposed Mergers in Recent Litigation Developments
August 12, 2024
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Government and private plaintiffs have been challenging platforms that allegedly facilitate improper information sharing and coordination about competitors as well as alleged monopolisation by major technology firms. Government antitrust enforcers also continue to challenge proposed mergers aggressively under section 7 of the Clayton Act, with mixed results.
In this article, Nicole Castle, Elai Katz and Zachary Sproull summarize these recent trends and developments in US antitrust litigation concerning vertical and horizontal agreements, unilateral conduct and proposed mergers, as well as notable cases shaping the antitrust landscape. They also provide key takeaways for corporate counsel to keep in mind when considering potential antitrust issues in the United States.
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