By David Lat With its final resolution almost 30 years in the past, it’s hard for observers today to understand the epic nature of Pennzoil v. Texaco. The case is famous for generating what was at the time the largest jury verdict in history, for $10.53 billion (or $11.1 billion with interest, after it was...
Law360, New York (June 24, 2016, 7:12 PM ET) Private equity magnate Lynn Tilton and her Patriarch Partners firm have dropped Skadden Arps in favor of Gibson Dunn in their various legal battles, after a string of losses and a Second Circuit decision that rebuffed Tilton’s challenge to the U.S. Securities and Exchange Commission’s in-house...
Law360, New York (March 2, 2016, 5:22 PM ET) — A New York judge on Wednesday said a German bank’s $45 million lawsuit claiming private equity magnate Lynn Tilton and her Patriarch Partners firm misled the lender about the nature of its collateralized debt obligation investments can proceed, but trimmed one of two claims from...
By Peg Brickley Oct. 5, 2015 Investors in Lynn Tilton’s funds sued Monday seeking damages for alleged fraudulent misrepresentation and concealment tied to her multi-billion-dollar debt funds. Norddeutsche Landesbank Girozentrale and Hannover Funding Co. filed a civil suit in state court in New York, seeking damages from Ms. Tilton, her Patriarch Partners LLC and related...
David Berg has been recognized by Best Lawyers in America, multiple times for more than a decade, in eight practice areas, putting him among the top 100 lawyers in the publication based on the number of trial specialties. David’s eight Best Lawyers in America practice areas include: Bet-the-Company Litigation Commercial Litigation Criminal Defense – White...
