By Michael A. Mora | June 28, 2022
"The opinion suggests that Big Tech is a law unto itself and they need not comply with the duties and laws everyone else in the financial industry must comply with," said Jesse Panuccio, a partner at Boies Schiller Flexner.
By Michael A. Mora | June 14, 2022
The main selling point of Empires X was a trading bot that utilized an algorithm that promised investors it would deliver a 1% return on investment each day, according to the complaint.
By Dan Roe | June 9, 2022
The group arrives with a national clientele of private equity sponsors that will continue putting capital to work in any market, said one lateral partner.
The American Lawyer | Analysis
By Dan Roe | June 9, 2022
Class action lawyer and Medicare payments entrepreneur John Ruiz is down $19 billion as his public company trades at $1 following a disastrous IPO. But Ruiz, holder of over 2 billion shares, is still doing better than he was before the transaction.
By Michael A. Mora | June 1, 2022
U.S. District Judge Valerie E. Caproni ruled that Nipro Corp.'s "continued foot-dragging'' justified a higher interest rate, while she noted that Boies Schiller's rates "are not outside the norm for comparable attorneys and firms'' and was comparable to rates "for partners at prominent firms in New York.''
By Michael A. Mora | May 24, 2022
The more than 50% drop in stock price reduced the market value of John Ruiz's 65% stake in the company from more than $21 billion at the merger price to less than $11 billion at market close.
By Michael A. Mora | May 23, 2022
"This case had little to do with the US and a lot to do with Angola," said Mike Ehrenstein, a partner at Ehrenstein Sager. "The convenience of the parties, the location of the documents, the applicable law—everything militated in favor of having the case decided over there, rather than here."
Daily Business Review | Commentary
By David Schwartz and Al Avila | April 15, 2022
The speed at which sanctions were imposed left many questions unanswered, resulting in a flurry of calls and messages to attorneys who themselves were trying to understand the ramifications.
By Dan Roe | March 11, 2022
Zachary Kobrin, the former GC and VP of a leading cannabis company, said he will look to advise banks and insurance companies on "road maps" into the cannabis industry as plant-touching companies seek banking reform.
By Dan Roe | March 9, 2022
The team effort also drove PPP up 29% as Nelson Mullins Riley & Scarborough held its equity tier mostly flat while continuing to add nonequity partners, shunning the "up or out" mentality.
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