TOP NEWS
RISING STAR
Rising Star: Paul Hastings Alex Herman
By Tom Zanki
Paul Hastings LLP partner Alex Herman has guided novel financing deals around the world, including complex arrangements that benefit Latin American and Caribbean clients, plus cross-border initial public offerings, such as U.S. pork giant Smithfield Foods Inc.'s $522 million listing, earning her a spot among the capital markets attorneys under age 40 honored by Law360 as Rising Stars.
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CRYPTO
DELAWARE
UpHealth Moves To Toss Glocal Ch. 11 Dispute
By Caroline Simson
Bankrupt medical tech company UpHealth is urging a Delaware bankruptcy judge to nix a $200 million adversary proceeding launched by Glocal Healthcare in a bitter feud over an ill-fated merger, accusing the Indian digital healthcare services platform of bad faith through a pattern of delay and obfuscation.
4 documents attached |
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Catching Up With Delaware's Chancery Court
By Katryna Perera and Jeff Montgomery
A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit challenging a take-private deal of a sports and entertainment group after "heated" attacks between competing counsel.
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LITIGATION
LuxUrban Investor Suit Over Post-IPO Business Trimmed
By Katryna Perera
A New York federal judge trimmed a shareholder class action accusing LuxUrban Hotels Inc. and two of its executives of misleading investors about the company's financial reporting and partnerships with other property owners, saying investors have not adequately alleged that the executives knew about the misstated financials.
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EXPERT ANALYSIS
LEGAL INDUSTRY
Qui Tam Relator's Atty Admits Fake Citations In DC FCA Suit
By Emily Sawicki
An attorney representing the estate of a Washington, D.C.-based construction company's former director in a False Claims Act suit launched against the contractor has withdrawn from the suit due to "recent failure to provide adequate representation" after his co-counsel alleged that the attorney used AI to file a brief "riddled with citation errors."
7 documents attached |
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