WilmerHale has announced the strategic recruitment of John Murtagh from Latham & Watkins, a move set to bolster its restructuring and bankruptcy practice. Murtagh, renowned for his expertise in restructuring, adds significant depth to WilmerHale’s capabilities in advising on complex financial distress situations. This recruitment highlights WilmerHale’s dedication to strengthening its position in the evolving…
Omni Bridgeway’s recent announcement of a $1 billion fund underscores the evolving landscape of litigation finance. This substantial fund highlights a growing confidence in the sector, with investors increasingly viewing litigation finance as a viable asset class. The emergence of this fund comes amidst a backdrop of expanding interest in litigation funding, driven by the…
The rapidly evolving landscape of artificial intelligence presents unique challenges for companies engaged in tech acquisitions. One of the most pressing issues involves insurance gaps that could lead acquiring firms to inherit significant AI-related liabilities. As highlighted by a recent report by Bloomberg Law, these gaps occur because traditional insurance policies often fail to adequately…
The start of the new Supreme Court term appears to be shaping up to be less controversial than previous ones, and for many in the legal field, this is welcome news. Unlike the previous terms which have seen contentious debates and significant rulings on social issues, this term is poised to focus on less polarizing…
The intersection of labor market antitrust and employment due diligence is increasingly gaining attention as regulators and corporations recognize the profound implications of unfair competitive practices. In essence, labor market antitrust concerns arise when companies engage in practices that stifle competition for workers, such as wage-fixing and no-poach agreements. These practices can negatively impact employees’…
In recent years, the term “nuclear verdicts” has emerged as a growing concern in the field of corporate litigation. These verdicts, often exceeding $10 million, pose significant financial risks to companies involved in legal disputes. As these staggering awards become more prevalent, it is imperative for companies to integrate the potential for such outcomes into…