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Paul, Weiss, Rifkind, Wharton & Garrison LLP

500 DELAWARE AVENUE, SUITE 200, POST OFFICE BOX 32, WILMINGTON, DE 19899-0032, USA
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Work +1 302 655 4410
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Fax +1 302 655 4420
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www.paulweiss.com
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Top-tier Firm rankings

Firm Rankings


United States

Real estate
Real estate - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The ‚Äėsmart, fast and connected‚Äô Paul, Weiss, Rifkind, Wharton & Garrison LLP¬†represents developers, institutional fund managers, public real estate companies, private real estate fund sponsors, overseas investors and government entities on the full gamut of transactional real estate matters. Harris Freidus¬†recently acted for CIM Group on various acquisitions and debt and equity financing for large developments with an aggregate value of $5bn. Mitchell Berg advised Lendlease Group on its joint venture with SoftBank Group to fund the acquisition and restructuring of around 8,000 existing telecoms sites across the US. Meredith Kane¬†advised Northwell Health on a number of healthcare acquisitions and developments with a total value of $1bn. Another highlight included acting for the Metropolitan Transportation Authority in conjunction with SL Green and Hines Corporation on the $3bn development of an office tower at Vanderbilt Avenue and 42nd Street in New York City. Salvatore Gogliormella¬†acted for Murray Hill Properties on a $3bn joint venture with an affiliate of Banyan Street Capital. Peter Fisch¬†and Gogliormella represented HNA Group on $1.8bn of financing for the acquisition of 245 Park Avenue in New York City. Steven Simkin retired. All named attorneys are based in New York.

Leading lawyers

Meredith Kane - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Peter Fisch - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Salvatore Gogliormella - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Antitrust

Cartel
Cartel - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's antitrust team continues to defend Deutsche Bank in the landmark foreign exchange benchmark manipulation investigations, and is currently representing a US holding company and its subsidiary in a grand jury investigation into major industrial supply markets. The group is jointly led by Kenneth Gallo, Jonathan Kanter and Charles Rule, with the support of litigation expert Aidan Synnott ; Synnott and Gallo sit in New York, while Kanter and Rule are DC based. The group is currently acting for a multinational insurance company in an internal investigation into its US operations following an investigation launched by a European regulatory agency. Other key names include William Michael, Craig Benson and Joseph Bial, who are all based in New York.

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Civil litigation/class actions: defense
Civil litigation/class actions: defense - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's 'highly skilled and experienced' antitrust team is currently representing the American Society of Composers, Authors and Publishers in its challenge before the DOJ regarding changes to its longstanding antitrust consent decree brought by the Music Modernization Act, which was signed into law in 2018. Aidan Synnott 'leads an effective team in a client-oriented way and remains calm under pressure throughout the trial process'. Craig Benson, Joseph Bial and Kenneth Gallo, who sit in Washington DC, are defending Bumble Bee Seafoods against claims of a price-fixing conspiracy in the packaged tuna market brought by putative classes of direct and indirect purchasers and large retailers. In another highlight, Becton Dickinson appointed a New York-based group consisting of Robert Atkins, William Michael and Jacqueline Rubin to defend it in a putative class action brought by healthcare providers alleging the client inflated the prices of its products. Notable clients also include Citigroup, Deutsche Bank, Pfizer and Cigna. Charles Rule is also a key contact.

Leading lawyers

Charles Rule - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Merger control
Merger control - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's team 'is smart with a strong bench' and is 'driven and supported' by 'fantastic lawyer' Charles Rule, who 'grasps issues promptly and provides incisive counsel'. Washington DC-based Jonathan Kanter and Jay Cohen in the New York office are currently representing Altice as an interested party in T-Mobile's high-profile acquisition of Sprint, while Aidan Synnott continues to advise Automatic Data Processing on a number of strategic acquisitions in the digital finance space. Also notable is Washington DC's Andrew Forman, who is working with Rule, Kanter and the 'excellent' Daniel Howley to oversee Cigna's $67bn acquisition of Express Scripts.

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United States: Dispute resolution

Appellate
Appellate: supreme courts (states and federal) - ranked: tier 4

Paul, Weiss, Rifkind, Wharton & Garrison LLP

A litigation powerhouse with unparalleled trial level success in a wide variety of practice areas, such as white-collar crime, corporate investigations, financial services, and general commercial disputes,¬†Paul, Weiss, Rifkind, Wharton & Garrison LLP¬†founded a dedicated appellate practice in 2019. The firm attracted one of the country‚Äôs renowned appellate litigators as practice chair ‚ÄstKannon Shanmugam¬†(‚Äėmodel of excellence‚Äė who ‚Äėwrites briefs that sting‚Äė and ‚Äėpresents compelling oral arguments‚Äė), who joined from¬†Williams & Connolly LLP¬†at the end of January 2019. With 27 US Supreme Court arguments under his belt, Shanmugam achieved unprecedented success at the court during the last term, obtaining review in three separate cases on the same day as well as presenting arguments in four cases.

Leading lawyers

Kannon Shanmugam - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Corporate investigations and white-collar criminal defense
Corporate investigations and white-collar criminal defense - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Corporate investigations and white-collar criminal defense: advice to individuals - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Based in New York, the team at Paul, Weiss, Rifkind, Wharton & Garrison LLP handles investigations and corporate criminal matters for global financial institutions, corporations and their executives. In an example of the team's pedigree, Daniel Kramer and Gregory Laufer were called upon to represent the independent board members of Tesla in the SEC's investigation into Elon Musk's statements on Twitter regarding taking the company private in August 2018. In another highlight, Joe Bial, Roberto Finzi, Rick Rule and Theodore Wells defended Nippon Chemi-Con in connection with a DOJ indictment, following an investigation into alleged price fixing of metal capacitors - a matter in which the team discovered an ethical issue with the DOJ's conduct. Wells, alongside Richard Tarlowe, represented former US Attorney General, Loretta Lynch, in a DOJ review into the FBI and DOJ's handling of the investigation into Hillary Clinton's use of a private email server. Lorin Reisner, Jessica Carey and chair of the firm, Brad Karp, are also recommended. Kannon Shanmugam  became managing partner of the Washington DC office, after joining the firm from Williams & Connolly LLP in January 2019; he now chairs the Supreme Court and Appellate Practice group.

Leading individuals: Corporate investigations and white-collar criminal defense: advice to corporates

Theodore Wells - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Financial services litigation
Financial services litigation - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The 'impressive' team at Paul, Weiss, Rifkind, Wharton & Garrison LLP remains at the forefront of the financial services litigation Bar and continues to be 'very active' across the most significant private litigation and enforcement actions affecting many of the country's most prominent financial services entities. Brad Karp is the trusted adviser of many high-profile banks in their most sensitive disputes; he represents Citigroup in numerous matters, including its defense of a raft of RMBS-related lawsuits and its ongoing defense as a party to alleged collusion in the interest rate swaps market. Karp also achieved a notable victory for Citigroup when he secured the voluntary dismissal of a shareholder derivative lawsuit alleging that the bank's officers and directors breached their fiduciary duties of oversight by failing to increase compliance with AML statutes and other federal laws. Formerly deputy general counsel at Citigroup, Susanna Buergel has very close ties to the bank and has been a key adviser to it in many of its financial crisis-related litigation and regulatory enforcement actions. The team also continues to guide Deutsche Bank through numerous benchmark manipulation investigations and class actions, including recently negotiating resolutions in five major class actions relating to, inter alia, US dollar Libor-referencing over-the-counter (OTC) instruments and Eurodollar futures. Praised for his 'ethical and intellectual integrity and credibility before the regulators and opposing counsel', Daniel Kramer is 'very effective' on behalf of clients engaged in securities litigation and related financial services disputes/enforcement actions. Other recommended practitioners include Richard Rosen and Bruce Birenboim. All named attorneys are based in New York.

Leading lawyers

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Daniel Kramer - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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General commercial disputes
General commercial disputes - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Market-leading firm Paul, Weiss, Rifkind, Wharton & Garrison LLP is regularly engaged by clients in high-stakes and sensitive litigation and investigations. Recently, this has included representing Exxon Mobil in a host of disputes, including defending the company in sprawling climate change-related investigations brought by state attorneys general and the SEC in various forums around the country. The firm's extensive experience in the financial services sector is also of note; in recent work for client Citigroup, Brad Karp and Susanna Buergel secured dismissals of False Claims Act litigation filed in Illinois, California and New Jersey. Other clients include Pfizer, Comcast and the NFL. Among the department's standout lawyers are highly regarded litigator Theodore Wells; Daniel Toal, who handles contract, environmental, antitrust and securities disputes; Jaren Janghorbani, who has handled multiple trials with stakes exceeding the $1bn mark; and Jay Cohen, whose clients include leading companies in the music and entertainment industry. Kannon Shanmugam joined the firm in 2019 from Williams & Connolly LLP.

Leading lawyers

Theodore Wells - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Jaren Janghorbani - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Leading trial lawyers
Leading trial lawyers - ranked: tier 1

Theodore Wells - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Jay Cohen - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP Firm chairman Brad Karp's specialisms lie in major financial disputes and securities litigation, where he continues to act for Citigroup as lead counsel in all its high-value commercial disputes. Karp represented Blackstone Alternative Asset Management in a securities dispute in a Kentucky state court relating to Kentucky's state pension system. JPMorgan Chase is another key client.

Theodore Wells - Paul, Weiss, Rifkind, Wharton & Garrison LLP Theodore Wells is renowned for his nationwide high-profile trials ranging from class action litigation to SEC regulatory work. Recent highlights include representing Deutsche Bank in a multi-jurisdictional inquiry and related civil claims concerning the setting of LIBOR; the team secured a favorable settlement in this matter. Wells has also handled major class actions for clients including Johnson & Johnson, Bank of America and Mitsubishi Corporation.

Leading lawyers

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Jay Cohen - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Theodore Wells - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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M&A litigation: defense
M&A litigation: defense - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York has 'an excellent group of corporate litigation attorneys who are valued counselors and can be aggressive litigators when necessary'. Lewis R. Clayton and Andrew Gordon, who is 'an up-and-coming litigation star', scored a major victory for German healthcare group Fresenius when the Delaware Court of Chancery ruled that it was justified in canceling its agreement to acquire Akorn, Inc. for  $4.8bn. The firm's deep bench has 'tons of experience, superior judgment and excellent strategists'. Among the highly regarded practitioners are Jaren Janghorbani, who was part of the team that acted for Alere in claims arising from the cancellation of its $8bn sale to Abbott Laboratories in 2016; and Geoffrey Chepiga, who scored significant wins both in Delaware and in federal district courts. Of counsel Stephen Lamb, who is a former vice-chancellor in the Delaware Court of Chancery, has a strong practice in Wilmington.

Leading lawyers

Lewis R. Clayton - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Stephen P. Lamb - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Andrew G. Gordon - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Securities litigation - defense
Securities litigation - defense - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP is regarded by one client as 'nonpareil - without peer on all criteria'. The firm has an outstanding track record of results for leading financial institutions, corporations and their directors and officers. Last year, it continued to handle the run-off of financial crisis-related cases, which included securing the dismissal of RMBS matters for Citigroup, as well as high-profile cases in key industries such as life sciences, in which it secured the dismissal of four opt-out securities actions brought by institutional investors against global pharmaceutical giant Merck. Daniel Kramer led the Merck cases and clients 'trust his judgment implicitly - he has great, practical business sense complementing unparalleled legal expertise'. Firm chair Brad Karp is 'one of the hardest-working lawyers in the market' and was part of a team that helped Blackstone Alternative Asset Management with a $50bn derivative claim brought against various asset managers by Kentucky's state employee pension system. Richard Rosen, Geoffrey Chepiga and Susanna Buergel and Andrew Ehrlich are just some of the other highly rated partners.

Leading lawyers

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Daniel Kramer - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Richard Rosen - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Jane O'Brien - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Finance

Capital markets: debt
Capital markets: debt - advice to issuers - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Capital markets: debt offerings - advice to underwriters - ranked: tier 4

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP‚Äôs New York-based capital markets practice is underpinned by some well-established private equity relationships. In particular, Apollo is a marquee client and¬†Apollo Management Holdings LP turned to the firm to advise on its recent $300m notes offering ‚ÄĒ group co-lead Gregory Ezring, corporate deputy chair Monica Thurmond¬†and Catherine Goodall¬†led that work. The team also enjoys a strong niche in Canada-related matters where¬†Andrew Foley,¬†who splits his time between New York and Toronto, advised TELUS on its recent $750m debt offering. Among the team's underwriter-side highlights, Christopher Cummings, who also works out of New York and Toronto, advised the underwriters on three securities offerings by TransCanada totaling $5.1bn. John Kennedy¬†co-leads a group that has also recently undertaken work for Mitsubishi UFJ Financial Group, Ralph Lauren and Apollo-owned retailer, Aurum Group.

Leading lawyers

Gregory Ezring - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Capital markets: equity offerings
Capital markets: equity offerings - advice to issuers - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

‚ÄėDedicated, talented and thorough‚Äô, Paul, Weiss, Rifkind, Wharton & Garrison LLP¬†is praised for its ability to ‚Äėseamlessly and efficiently execute deals‚Äô and also to ‚Äėdeliver tailored and timely advice on complex issues‚Äô. The practice, which is commended as ‚Äėdoing a great job for issuers‚Äô, routinely advises private equity sponsors and public companies on equity offerings, with notable expertise in the TMT, leisure, apparel and energy arenas. Among its recent headline deals, Tracey Zaccone¬†(‚Äėa great talent and a joy to work with‚Äô) advised¬†ADT on its $1.4bn IPO. Group co-head John Kennedy, who is ‚Äėan¬†exceptional securities attorney with a mastery over the entire landscape‚Äô, advised Taylor Morrison Home on three common stock offerings totaling over $1bn. Other key contacts in the New York-based group include department co-lead¬†Gregory Ezring, who¬†‚Äėadvocates for his clients, while seeking to get deals done‚Äô, and deputy corporate chair Monica Thurmond.

Leading lawyers

John Kennedy - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Capital markets: global offerings
Capital markets: global offerings - advice to issuers - ranked: tier 4

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Capital markets: global offerings - advice to underwriters - ranked: tier 4

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP‚Äôs ‚Äėefficient and practical group‚Äô is composed of ‚Äėtalented attorneys who are always up to speed on market dynamics‚Äô. The New York-based practice, which represents global issuers and underwriters on the full spread of capital markets matters, is particularly held up as ‚Äėreally strong in advising issuers‚Äô. It also finds favor for its ‚Äėskill across debt and bond products‚Äô and its ‚Äėfull integration with corporate colleagues for seamless service in transactions‚Äô. Canada-related work is a strong suit, with sources highlighting its ‚Äėstrong dedication to Canada and US cross-border financings‚Äô, which results in ‚Äėunmatched expertise in Canada deals‚Äô. Christopher Cummings, who splits his time between New York and Toronto, is ‚Äėpractical and knowledgeable‚Äô; he recently advised the underwriters on four debt offerings by Calgary-based TransCanada totaling $6.1bn. In a major event-driven deal, Cummings teamed up with Adam Givertz, who is also based between New York and Toronto, and ‚Äėvery strong and commercial‚Äô department co-head Gregory Ezring¬†to advise Canada‚Äôs Stars Group on both its $950m equity offering and $1bn debt offering to support its $4.7bn acquisition of¬†UK-based Sky Betting & Gaming.

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Capital markets: high-yield debt offerings
Capital markets: high-yield debt offerings - advice to issuers - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP‚Äôs ‚Äėsupportive, practical and flexible group‚Äô is noted for its¬†ability to ‚Äėmaintain a level of partnership that goes beyond a client-provider transactional relationship‚Äô. The New York-based practice group, which is hailed by sources as ‚Äėreally strong for issuers‚Äô, enjoys close links with major private equity firms, such as Apollo, and their portfolio companies. Among its recent highlights, finance co-head Gregory Ezring¬†(‚Äėa very strong capital markets specialist‚Äô) acted alongside Catherine Goodall¬†to advise¬†EP Energy, in which Apollo is a significant shareholder, on its $1bn offering of senior notes. Ezring also paired up with Christopher Cummings, who splits his time between New York and Toronto,¬†to advise Stars Group on its $1bn high-yield debt offering to finance its $4.7bn acquisition of Sky Betting & Gaming from CVC Capital Partners and Sky. John Kennedy, ‚Äėa¬†talented and dedicated‚Äô contact, and David Huntington, ‚Äėa¬†very commercial‚Äô lawyer, are other key names in a group, which has also recently undertaken work for Hunt Companies,¬†CDK Global and¬†Garrett Motion.

Leading lawyers

Gregory Ezring - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Commercial lending
Commercial Lending: Advice To Borrowers - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Based in the firm's New York office, the 14-partner team at Paul, Weiss, Rifkind, Wharton & Garrison LLP has an excellent reputation for borrower-related financings, particularly in the private equity sphere. Led by the extremely experienced Gregory Ezring, the team is regularly involved in some of the market's largest transactions. Recent examples include advising RCCH HealthCare Partners, an Apollo Global Management portfolio company, on the financing for its $5.6bn acquisition of LifePoint Health. In addition, the team acted for Berlin Packaging, an Oak Hill Capital Partners portfolio company, in relation to its $1.3bn financing for the refinancing of its existing debt. Other key clients include Roark Capital, Oaktree Capital Management and TowerBrook. Eric Goodison, Thomas V. de la Bastide III, and Monica Thurmond are other names to note.

Leading lawyers

Gregory Ezring - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Brian Janson - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Restructuring (including bankruptcy): corporate
Restructuring (including bankruptcy): corporate - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The ‚Äėcommercially savvy, always available and completely unflappable‚Äô team at¬†Paul, Weiss, Rifkind, Wharton & Garrison LLP¬†is strong across the board, but has an especially good reputation for litigation. Experienced in domestic and cross-border representations for clients including debtors, official and unofficial committees of creditors, the firm is 'a huge comfort when going through a highly intensive and stressful restructuring transaction‚Äô. Alan Kornberg¬†and Paul Basta¬†chair the practice from New York and can call on the expertise of the ‚Äėextremely knowledgeable, dedicated and highly ethical‚Äô Andy Rosenberg, and ‚Äėvery strong contributor‚Äô¬† Elizabeth McColm.¬†Led by the 'brilliant'¬†Brian Hermann, Kyle Kimpler¬†and ‚Äėrising star‚Äô Alice Belisle Eaton, the firm represented Expro Holdings, a UK-based provider of well flow management services to the oil and gas industry, in its prepackaged Chapter 11 case in the Bankruptcy Court for the Southern District of Texas; in a successful conclusion, the company emerged from Chapter 11 in 49 days, having eliminated its entire $1.4bn of funded bank debt. In another highlight, Jacob Adlerstein¬†represented Cumulus Media, a radio company with 446 stations spread across 90 markets, in its heavily contested Chapter 11 cases, including a multi-day contested plan confirmation trial addressing, among other things, various valuation issues; the court eventually issued a decision that adopted the company‚Äôs valuation testimony, overruling all objections, and confirmed the Chapter 11 plan. Also notable in the team are Kelley Cornish¬†and Jeffrey Saferstein.

Leading lawyers

Alan Kornberg - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Andrew Rosenberg - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul Basta - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Alice Belisle Eaton - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Kyle Kimpler - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Structured finance: derivatives and structured products
Structured finance: derivatives and structured products - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP acts for buy-side and sell-side clients in a wide range of derivative transactions linked to various underlying asset classes. Headed by Manuel Frey, the team has particular expertise in matters involving OTC derivatives, including trading mandates, corporate transactions with embedded derivatives and bankruptcy and restructuring procedures. Frey is engaged by prominent investment funds, corporate end-users and dealer banks, and is also noted for his expertise in Dodd-Frank derivatives regulation. Other names to note include deputy chair of tax Patrick Karsnitz, and Kyle Kimpler, who specializes in bankruptcy and corporate restructuring.

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Structured finance: securitization
Structured finance: securitization - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP is the leading firm in issuer-side whole-business securitizations, and also handles a range of other more esoteric asset classes, including mortgage liens on telecom towers, media revenue, PACE bonds, and IP and commercial licences. In the whole-business space, Jordan Yarett acted for The Wendy's Company in a $1bn whole-business securitization, and also advised CKE Restaurants Holdings on its second whole-business securitization. Also of note, Yarett acted for Coinstar in its second securitization backed by coin collections, branded kiosks, licence payments and IP. The team also advised Deutsche Bank Securities on multiple securitizations backed by residential and commercial PACE bonds and tax liens. Another key contact is Robert Zochowski Jr., who has extensive experience in securitizations and other financing transactions involving assets such as patent royalties, energy and infrastructure assets, and hospitality and entertainment revenues. Other issuer-side clients include SBA Communications Corporation, Roark Capital Group and Amherst Pierpoint Securities.

Leading lawyers

Jordan Yarett - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Industry focus

Sport
Sport - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The 'phenomenal law firm' Paul, Weiss, Rifkind, Wharton & Garrison LLP, which 'has been on the cutting edge of legal issues impacting the sports industry', is highlighted in particular 'for its excellence in the investigations and litigation areas'. Clients recall being 'impressed by the caliber of the lawyers, work product, and client service'. The group attracts praise for its 'vast experience in handling concussion matters'; it represented Arizona Cardinals Football Club in a case brought by former players alleging the concealment of the harmful effects of concussions and is advising the NFL on the implementation of the 65-year settlement for concussion litigation. It is also currently defending the league in opt-out litigation brought by approximately 75 former players. Key names to note include Brad Karp, who 'provides excellent perspective and ideas on strategic matters'; 'superb lawyer' Christopher H. Boehning, who has 'an impressive understanding of all of the legal issues as well as deep knowledge of the soccer world' and litigator Lynn B. Bayard. Transactional lawyer Justin Hamill joined Latham & Watkins LLP.

Leading lawyers

Brad Karp - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Intellectual property

Copyright
Copyright - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's key area of focus is in music and it is often engaged by the American Society of Composers, Authors and Publishers. Jay Cohen is a key figure and is particularly skilled in handling disputes pertaining to music rights and licensing. Litigator Lynn Bayard is also highly recommended. Other key clients include Calvin Klein and Michael Kors.

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Patents: litigation (full coverage)
Patents: litigation (full coverage) - ranked: tier 4

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP enthuses clients with its 'incredibly strategic mindset' and 'relentless advocates', whose 'loyalty and dedication sets them apart'. The team is especially active in the pharmaceuticals and technology industries, and acts for an impressive list of major clients such as 10x Genomics and Nichia. For Amgen, the team acted in multiple high-stakes cases, including Supreme Court and Federal Circuit litigation against Sandoz regarding biosimilars of Amgen blockbusters Neupogen and Neulasta and an infringement district court case against Apotex conducted over biosimilars of the same blockbuster drugs. Key figures in the practice group include 'talented lead trial counsel' and practice head Nicholas Groombridge, 'incredible' deputy practice head Catherine Nyarady ('never misses a beat') and David Ball in Washington DC. All lawyers are based in New York unless otherwise stated.

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United States: Investment fund formation and management

Alternative/hedge funds
Alternative/hedge funds - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP handles a range of hedge fund work for institutional and independent fund managers, and is noted for its strength in fund seed investment mandates. Udi Grofman garners praise for his 'prodigious work ethic', and is well known for acting as primary outside counsel to Blackstone Alternative Asset Management. Other recent work for Grofman includes advising Tiger Management on multiple seed investments and regulatory matters. Marco Masotti and Amran Hussein, who jointly advise Avenue Capital, are key names. Other clients include JP Morgan Asset Management, HPS Investment Partners and King Street Capital. The team is located in New York.

Leading lawyers

Udi Grofman - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Next Generation Partners

Amran Hussein - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Private equity funds (including venture capital)
Private equity funds (including venture capital) - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP has established expertise in handling high-value buyout and debt fund work. Marco Masotti and Amran Hussein advised Roark Capital on forming two private equity funds -- Roark Capital Partners V, a flagship fund, and Roark Capital Partners II Sidecar, the client's first sidecar fund, which together raised $6.5bn in aggregate. The group is also assisting Apollo Capital Management with forming its first hybrid fund, Apollo Hybrid Value Fund, which has a $3bn target. Other clients include Blackstone, Crestview Partners and TowerBrook Capital Partners. Named individuals are based in New York.

Leading lawyers

Marco Masotti - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Labor and employment

ERISA litigation
ERISA litigation - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP’s New York-based ERISA litigation practice is instructed by the firm's client base in high-stakes matters. The firm’s litigation team successfully represented Exxon Mobil and its savings plan trustees in a putative ERISA class action claiming a breach of fiduciary prudence. In addition, the team acted for Citigroup in a multibillion-dollar stock drop class action, which was recently dismissed. Other notable names on the client roster include AIG, the Bank of New York Mellon, JPMorgan Chase and Prudential Insurance. Lewis R. Clayton and Brad Karp are the key figures in the practice group.

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Employee benefits, executive compensation and retirement plans: transactional
Employee benefits, executive compensation and retirement plans: transactional - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP regularly advises target companies on market-leading transactions, with 2018 highlights including advising Bioverativ on its $11.6bn acquisition by Sanofi, assisting ILG with its $4.7bn acquisition by Marriott Vacations Worldwide, and advising eviCore on its $3.6bn sale to Express Scripts Holding. The New York-based team is jointly led by Andrew L. Gaines and Lawrence Witdorchic, the former of whom advised on Chapter 11 proceedings for radio station operator Cumulus Media. The team’s expertise also encompasses ERISA-related issues including withdrawal liabilities to multi-employer plans in connection with corporate M&A and restructuring. Other key clients for the team include Automatic Data Processing, General Atlantic Partners and KPS Capital Partners. Robert C. Fleder retired in December 2018.

Leading lawyers

Andrew L. Gaines - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: M&A/corporate and commercial

M&A: large deals ($1bn+)
M&A: large deals ($1bn+) - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP has continued its inexorable rise since the arrival of M&A superstar Scott Barshay in 2016. In 2018, he and the team were engaged by International Business Machines (IBM) to advise on its $34bn acquisition of Red Hat, creating the world’s largest hybrid cloud provider. Barshay also led the team that represented Qualcomm in connection with the $130bn unsolicited offer for the company from global semiconductor leader Broadcom; this was the biggest successful hostile takeover defense in the history of M&A. The firm's leading litigation practice provides additional firepower to the M&A team's historically outstanding record in hostile takeovers, proxy fights and activist defense work. Clients praise the department's 'depth of experience on complex, large scale transactions',  'the judgments of the team which tend to be superior to other firms'  and 'the scale of the team means clients are well covered and never left to fend for themselves or left with junior associates who are not equal to the tasks at hand'. Clients also highlight the team's 'open communication, business acumen and pragmatism'. Of the key partners in the team, the previously mentioned Barshay is 'perhaps the best M&A lawyer on Wall Street', 'has decades of experience which gives him excellent insight and judgment', 'works collaboratively with clients to deliver seamless advice',  and is 'excellent at seeing around corners and anticipating the moves of the other side'. Chair of the corporate department Robert Schumer is another outstanding practitioner who is 'one of the most practical and business oriented thinkers', according to a leading partner at a rival firm. He led the team that advised the special committee of the board of directors of Invitation Homes in connection with its merger of equals with Starwood Waypoint Homes. Other key M&A partners include Jeffrey Marell, David Klein and Steven Williams. Private equity stars Taurie Zeitzer and Matthew Abbott are also key contributors to the success of the M&A practice. 

Leading lawyers

Robert Schumer - Paul, Weiss, Rifkind, Wharton & Garrison LLP

Scott Barshay - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Private equity buyouts
Private equity buyouts - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP impresses in on both large-cap and mid-market deals. It continues to be strongly associated with Apollo Global Management, along with a number of other prominent private equity houses such as General Atlantic, Kohlberg & Co, KPS Capital Partners and Oak Hill Capital Partners. 'Client service is second-to-none' thanks to 'first-rate lawyers' and 'excellent associates that are engaged on repeat matters' to ensure strong knowledge of the client. 'There are no weak players on the bench' in a team of 'unbelievably smart and engaged lawyers who fundamentally care about making sure clients are well looked-after'. The firm advised Apollo on a series of notable deals in 2018, including its $1bn acquisition of a number of energy sector investments from GE Capital; it also advised portfolio company MPM Holdings on its $3.1bn sale to SJL Partners, KCC Corporation and Wonik QnC. General Atlantic also provides the firm with a regular flow of instructions, including the recent $3.6bn sale of eviCore healthcare to Express Scripts. Taurie Zeitzer is at the forefront of the firm's relationship with Apollo and has exceptional heavyweight deal experience. Matthew Abbott, the lead relationship partner for General Atlantic, is 'one of the best M&A lawyers of his generation' and 'a firm but likeable negotiator who instills confidence at the highest levels of clients' organizations'. Neil Goldman is 'an extremely talented and thorough lawyer who will catch every issue, provide commercial advice, and always get the job done'. Angelo Bonvino is another key partner, advising the likes of Kohlberg & Co, KPS Capital and Oak Hill. Carl Reisner is hugely experienced private equity specialist and John Scott is another regular adviser to Apollo. Ellen Ching is also recommended by clients. The team is based in New York.

Leading lawyers

Taurie Zeitzer - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Shareholder activism
Shareholder activism - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's Scott Barshay, Steven Williams and David Klein advised ADP on its victory over Pershing Square Capital Management, and also advised Barnes and Noble on a campaign brought by Sandell Asset Management. Further, Barshay and Williams advised Honeywell on a campaign brought by Third Point, and acted for Qualcomm in a campaign by Elliott Management to increase the company's sale price in its proposed sale to NXP Semiconductors. Also recommended are Adam Givertz and Ross Fieldston, who advised AmTrust Financial Services on a settlement with Carl Icahn.

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United States: Media, technology and telecoms

Media and entertainment: litigation
Media and entertainment: litigation - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The New York-based media and entertainment practice group at Paul, Weiss, Rifkind, Wharton & Garrison LLP has particular experience handling breach of contract, antitrust, employment and intellectual property litigation for clients such as American Society of Composers, Authors & Publishers, Comcast Corporation and NBCUniversal. Recent work highlights include Jay Cohen's representation of Altice in litigation brought by Cablevision’s former controlling family and a Cablevision employee, alleging that Altice breached commitments it made when it acquired Cablevision (relating to the management of the staff and business of a local news program). The group is also acting for Tribune Media Company in several antitrust class actions alleging a price-fixing conspiracy in the market for television advertising sales. Lynn B. Bayard, who heads the team alongside Cohen, and Jonathan S. Kanter are other key names to note, particularly for intellectual property and antitrust matters respectively.

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Media and entertainment: transactional
Media and entertainment: transactional - ranked: tier 3

Paul, Weiss, Rifkind, Wharton & Garrison LLP

The interdisciplinary media and entertainment team at Paul, Weiss, Rifkind, Wharton & Garrison LLP counts DreamWorks Animation, VICE Media, 21st Century Fox and Endeavour among its clients. The group recently advised the latter on a joint venture with equity investor Sequoia Capital, Tencent and FountainVest Partners for the formation of a new China-based subsidiary; it also assisted Endeavor in connection with the merger of Learfield and IMG College, a subsidiary of Endeavor. In other work highlights, Robert Zochowski Jr. acted for Legendary Entertainment in its $1bn asset-backed term loan facility in connection with the refinancing of indebtedness, and a team represented Cumulus Media in its successful chapter 11 cases. Other key names to note include Robert Schumer and Ariel J. Deckelbaum. Justin Hamill joined Latham & Watkins LLP. All attorneys are based in New York.

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Telecoms and broadcast: transactional
Telecoms and broadcast: transactional - ranked: tier 2

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's New York-based team has significant experience in satellite, cable and wireless transactions, and is also known for its involvement in the communications tower space. Practice co-head and tower industry specialist Bruce Gutenplan recently advised John Hancock Life Insurance on its acquisition of a 35% stake in wireless tower operator Phoenix Tower International. Gutenplan also works with cloud services and data center companies, advising Quantum Strategic partners on the $442m sale of portfolio company Zenium Data Centers to CyrusOne, as well as the spinning off and subsequent $93m sale of the company's Turkish operations. Fellow co-head Patrick Campbell recently advised fiber company FirstLight, a portfolio company of Oak Hill Capital Partners, on its acquisition by Antin Infrastructure partners. Campbell has significant experience across the telecoms space, working with wireline, wireless and satellite companies as well as private equity clients, advising Grain Management in several spectrum transactions in both auction proceedings before the FCC and working directly with large telecoms companies such as Verizon and AT&T. One of the firm's most notable recent work highlights is Mitel Networks' $2bn acquisition by a group of investors including Searchlight Capital Partners, where Campbell serves as Mitel's key contact. Other key clients for the firm include CMMB vision holdings, ATC telecom, and LStar Capital.

Leading lawyers

Patrick Campbell - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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United States: Tax

International tax
International tax - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's international tax practice is led by Brad Okun and Scott Sontag. Okun is advising global silicones and advanced materials company MPM Holdings on its $3.1bn acquisition by a three-party investor group, and Sontag advised Sydney-based Lendlease, an international construction, development and infrastructure company, on its real estate joint venture with Australian pension fund First State Super. Sontag also worked with Jeffrey Samuels to advise a domestic biopharmaceutical company on its multibillion-dollar sale to a global pharma company. Brian Grieve and Lindsay Parks were made partner in January 2018.

Leading lawyers

Jeffrey Samuels - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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US taxes: non-contentious
US taxes: non-contentious - ranked: tier 1

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Paul, Weiss, Rifkind, Wharton & Garrison LLP's 'preeminent tax practice' has expertise in M&A, securities and private equity transactions. Recent highlights include Scott M. Sontag and Jeffrey Samuels advising IBM on its $34bn acquisition of Red Hat, and Brad R. Okun assisting ADT with its $1.5bn IPO. Samuels also acted for Honeywell in relation to the tax-free spin-off its Turbocharger business. In other highlights, David R. Sicular advised Oak Hill Capital Partners, GI Partners and Wave Broadband’s management team on the $2.3bn sale of Wave Broadband to RCN Telecom Services, a nationwide broadband service provider controlled by TPG. Also recommended is David W. Mayo, who advised the independent directors of Perry Ellis International and American & Efird on M&A deals. Brian Grieve and Lindsay Parks were promoted to partner in January 2018. All partners are based in New York.

Leading lawyers

Brad Okun - Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Turkey: Special Purpose Acquisition Companies

    Special Purpose Acquisition Companies (" SPAC "), which are incorporated to achieve the purpose of investing and merging with a non-public company, were first introduced in the United States in 1990s and recently increased its popularity globally. Unlike other countries, SPACs entered into Turkish legal system relatively late with the Communiqué on Common Principles Regarding Significant Transactions and Appraisal Right (Communiqué No. II-23.1) of the Capital Markets Board (" CMB "), published in the Official Gazette dated 24.12.2013 numbered 28861(" Appraisal Right Communiqué "). Currently, there is no SPAC listed under Borsa Istanbul (" BIST ") in Turkey. SPACs are very similar to venture capital structure and can be considered as a strong alternative for investors and shareholders in Turkey as well.
  • Right of Set off under the UAE Civil Transaction Law No. 5 of 1985 and the view from the DIFC

    In a 2018 judgment the DIFC, discussed and decided upon the concept of set-off under the UAE Civil Transaction Law No. 5 of 1985 (the ‚ÄúCivil Code‚ÄĚ).
  • Law of 16 July 2019 implementing the EuVECA and EuSEF regulations and amending the RAIF law

    The Law of 16 July 2019 implementing the regulations on EuVECA, EuSEF, ELTIF and MMF (the ‚ÄúRegulations‚ÄĚ) and amending the RAIF law entered into force on 22 July 2019 (the ‚ÄúLaw of 16 July 2019‚ÄĚ).
  • Thriving in Regulation: The case for DLTs

    The unprecedented expansion of the use of DLTs in various industries and disciplines has shed light to the dire need of regulation. Would it though be worth it to sacrifice some degree or even the total idea of true decentralization to achieve this end?
  • DO FIDIC RULE APPLY IN CONSTRUCTION CONTRACTS IN UAE?

    Since a very long time, FIDIC (The International Federation of Consulting Engineers) is commonly used a standard for international construction and engineering contracts and is very frequently used in UAE. It mainly governs the construction works within the country and in GCC. 
  • Communiqu√© on Equity Crowdfunding Is Officially Published

    By way of background, in January 2019, the Capital Markets Board (‚Äú CMB ‚ÄĚ) had issued an announcement on its website on the Draft Communiqu√© on Equity Crowdfunding [1] . The CMB has now officially published the Communiqu√© on Crowdfunding No. III-35/A (‚Äú Communiqu√© ‚ÄĚ), on October 3, 2019. The Communiqu√© entered into force as of October 3, 2019.
  • Beneficial Ownership Concept new interpretation from the Russian federal tax service

    The recent interpretative letter issued by the Russian Federal Tax Services (‚ÄúFTS‚ÄĚ) on 08th August 2019, has provided further guidance as to the application of the Beneficial Ownership Concept, further to the letter initially provided on the 12th of April 2018 which adopted a strict approach of the concept.¬†
  • Cyprus and Netherlands Double Tax Treaty Update

    Cyprus has concluded the negotiations for the avoidance of double taxation with the Netherlands. The double tax treaty was agreed at technocratic level in Hague. It is expected to be signed by the end of 2019 or early in 2020.
  • Vacancy - Senior Corporate Lawyer

    The Senior Corporate Lawyer, who will be reporting to Partners, will be working with both the firm’s legal team as well as the financial services team. The successful candidate will be requested to show initiative, take on certain responsibilities within the firm, work in a multinational environment and will immediately be given the opportunity to further advance their career within the law firm.
  • CJEU RULED ON THE APPLICATION OF THE BENEFICIAL OWNERSHIP CONCEPT

    The judgment of the Court of Justice of the European Union (CJEU) on February 26, 2019, in the ‚ÄúDanish Beneficial Ownership Cases‚ÄĚ, can be perceived as a landmark on the interpretation of the Beneficial Ownership concept under the Interest and Royalties Directive (IRD) and the Parent-Subsidiary Directive (PSD).