Alan Turner

What is the test for setting aside a default order? Check out Maria Golarz's blog post for the factors to be considered and recent case law, as well as a practice point to bullet-proof your default order: https://lnkd.in/eX9UdyY3

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The New York courts are currently considering the scope of limited litigation finance, which could have significant implications for the legal sector. Amicus Capital Group's latest post provides an in-depth look at these developments. Stay updated by reading their analysis. #LitigationFinance #LegalInnovation #Law #LegalFunding

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In his latest article, Spencer Slasberg, Special Counsel in Disputes and Litigation at Bennett and Philp Lawyers, delves into the intricacies of company disputes and the power of the well placed Buy-out offer in the event of shareholder disputes. Spencer sheds light on the complexities of these offers and their use and offers insights on navigating these challenges.   Discover how proper preparation and proactive measures can steer your company away from potential pitfalls. #companudisputes #disputes #litigation #buyout #law #legal

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Hosts Greg Norman and Abigail Reeves present another episode of “The Preferred Return” podcast, this time focusing on considerations for first time funds, including setting up a fund manager, building a team, determining fund structure, and other areas crucial to spin-outs and teams starting a new venture. Subscribe to The Preferred Return on Apple Podcasts, Spotify or anywhere else you listen to podcasts. #investmentmanagement #assetmanagement #spinouts #europe

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Did you know… - 62% of lateral partner hires underperform expectations - 40% of laterals depart their firm within five years That’s a lot of time, money and investment for a low ROI. Today, EJ Stern, MA, CPC and Katherine Wilson, JD 💡 trained an AmLaw 100 firm on "Best Practices for Lateral Integration Success." Need tools to maximize your lateral hiring efforts? We’d love to help!

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In an interview with Bloomberg Law, Lowenstein Chair and Managing Partner Gary Wingens and Chief Operating Officer Michael Caplan discuss the firm's strategic plan to increase both the firm’s headcount and productivity, and to harness the power of AI to transform how legal work is done. Read the full article: https://bit.ly/3WbYJcC #lawfirms #artificialintelligence #legaltech #legalinnovation #aiinnovation #lawyers

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Latham is joining Skadden, Davis Polk, Simpson Thacher, Ropes & Gray, and Vinson & Elkins in mandating 4 days a week in office. It seems like many traditional Big Law Firms will revert to pre-pandemic work policies in near future, but there are a few firms who have embraced Remote work like Husch Blackwell, Quinn Emmanuel, and Fennemore. If you’d like to make a lateral move or just chat about how the market looks, reach out by DM and we can set up a time. #legal #recruiter #biglaw #lawjobs #lawfirmjobs #lawfirm #legalrecruiting #lawyers #amlaw #amlaw100 #amlaw200 #attorney #lawyer #biglawjobs #legaljobs #careeropportunities #interview #offer #aardvarklegalsearch

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After the new AMLAW 200 rankings were announced a month or so ago we now get the hotly-anticipated VAULT100 rankings, which are if anything even more relevant. These are the firms that associates in their peer / competitor firms rate as the best 100 law firms in the country, based on research, gut feelings, gossip, feedback etc. Do you agree with these rankings? Should money talk (as it's clearly a significant contributor at the top)?

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Attorneys responding to Bloomberg Law's recent Workload & Hours Survey reported taking nine days off, on average, during the second half of 2023, but over three-quarters of respondents said that they actually worked on about half (or more) of their days off. #MentalHealthAwarenessMonth #wellnessintheworkplace #wellnessatwork #legalindustry #legalpractice #lawcareers #legalcareers #legalprofession

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White & Case's New York Securitization Group discusses the evolution of the securitization market to the world of non-traditional or esoteric securitizations with exciting new assets. https://ow.ly/ucKh50SCByv #whitecase

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Legal Market Insight: Private Real Estate Funds! Law Firms are seeing an uptake in fundraising within the real estate funds space. 2024 has seen more activity on the close-ended side and this is noted by Matt Posthuma Leader Real Estate Funds at Ropes & Gray LLP - the team sits among the top 10 most active real estate fund formation law firms based on recent analysis by PERE. Simpson Thacher & Bartlett LLP have also seen increased growth with their team advising on $37.5 billion worth of close ended private real estate funds between October 2022 - September 2023. More investors are seeing opportunity in this space. Jonathan Karen (Private Funds Partner) at STB mentions that "We're likely to see an extension of what 2023 looked like in terms of fundraising and consolidation to the larger, more successful managers" Read the full article: https://lnkd.in/dM3PE4uc #LegalNews #FundFormation #LawFirms #RealEstateFunds #CloseEndedFunds #InvestmentFunds

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Adam Levitt: "How, though, to tee up these issues—legal questions that all parties acknowledge will have a significantly clarifying impact on the MDL writ large—without forcing everyone to go through the time and expense of constructing and litigating a many-hundred-page master complaint including hundreds of plaintiffs who purchased the many hundreds of defendants’ products? "The answer was a 'legal bellwether,' created at the outset of the MDL. Upon appointing the Plaintiffs’ Executive Committee and Plaintiffs’ Steering Committee on April 3, Cogan instructed the plaintiffs to file a 'bellwether complaint' under New York law within 30 days. That 'skinny' complaint would contain a representative sample of New York plaintiffs who purchased the defendants’ products. There was no waiver if a given defendant or given defendant’s product was not described. The goal, instead, was to tee up a motion to dismiss limited to the preemption and RICO issues. The defendants’ motion to dismiss followed in due course, as did the plaintiffs’ opposition. "In sum, motion practice on arguably the single most important legal issues will be completed by Aug. 5, only four months after appointment of leadership, with a decision expected shortly thereafter. A process that could take a year or more will be dealt with in as little as five months and will almost certainly result in all parties understanding the true scope of the case in that short period of time." https://lnkd.in/e8DSNkyf

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As we wait for the hopefully imminent 5th Circuit decision on the Private Funds Rules, we put together a short summary of the key questions we will be looking at in reviewing the decision. While much of the focus has been on the SEC's ability to rely on Advisers Act Section 211(h)/Dodd-Frank Act Section 913 on rulemaking beyond retail clients, the potentially more important aspects relate to the Advisers Act anti-fraud rulemaking authority under Advisers Act Section 206. The Rules still survive if only reliance on Section 211(h) is knocked out but reliance on Section 206 is not. A decision that finds a lack of factual basis or other flaw with reliance on Section 206 at one end could be more easily curable by the SEC but at the other end could not just knock down the Private Funds Rules but also restrict future rulemaking using the anti-fraud authority, which is the basis for most existing Advisers Act rules.

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Latest in our corporate article series. This one based on lessons learned on a recent takeover defence

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With the recent increase in shareholder disputes this article by Spencer Slasberg is an important reminder about the importance of legal advice in both starting up your business and in trying to resolve any disputes that do arise to avoid it being wound up.

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A must-read on secondaries financing. Key insights and considerations for navigating this dynamic market. #Finance #Investment #Secondaries

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