The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Weil, Gotshal & Manges LLP

767 5TH AVENUE, NEW YORK, NY 10153, USA
Tel:
Work +1 212 310 8000
Fax:
Fax +1 212 310 8007
Email:
Web:
www.weil.com

Joseph Allerhand

Tel:
Work +1 212 310 8725
Email:
Weil, Gotshal & Manges LLP

Career

Joseph Allerhand is a nationally recognized securities litigator and counselor with over 30 years of experience in major shareholder class and derivative actions, M&A litigations, SEC investigations, arbitrations, corporate governance disputes, and busted deal litigations. Equally comfortable in the boardroom and courtroom, he regularly counsels directors and special committees on transactions and internal investigations. He currently serves as lead counsel for AIG in a shareholder class action arising from the 2007- 08 financial crisis, as well as lead counsel for lululemon in shareholder class and derivative actions.

Education

Columbia University (BA, 1975); Georgetown University Law Center (JD, 1978).


United States: Dispute resolution

M&A litigation: defense

Within: Leading lawyers

Joseph Allerhand - Weil, Gotshal & Manges LLP

Within: M&A litigation: defense

Weil, Gotshal & Manges LLP in New York has a practice that is 'smart, hardworking, collaborative and knowledgeable', according to one client. Another describes the firm as 'a repeat player in this market with unparalleled experience, which brings a sophisticated and pragmatic approach to bear on litigation'. Leading lights John Neuwirth and Joseph Allerhand are co-heads of the securities litigation practice, in which clients highlight the talents of partners Joshua Amsel, Jonathan Polkes, Greg Danilow and newly promoted Evert Christensen. Neuwirth's track record of high-profile cases continued last year when he secured the complete dismissal of a class action against Brookfield Asset Management concerning its $2.8bn acquisition of Rouse Properties, Inc. The case raised issues of whether Brookfield was a controlling stockholder and owed fiduciary duties to Rouse’s shareholders. Danilow is representing Straight Path in high-profile litigation relating to its $3bn acquisition by Verizon Communications.

[back to top]

Securities litigation - defense

Within: Leading lawyers

Joseph Allerhand - Weil, Gotshal & Manges LLP

Within: Securities litigation - defense

Weil, Gotshal & Manges LLP in New York is praised by one client for the 'unrivaled success and experience and the creative and sophisticated approach it brings to litigating in this area'. The firm has an impressive client roster of publicly traded corporations, financial institutions and private equity firms. Practice heads Joseph Allerhand and John Neuwirth and key partners Joshua Amsel and Evert Christensen are described by one client as 'best-in-class professionals in this space'. Neuworth and Amsel represented pharmaceutical company Sanofi in connection with federal class and individual securities actions arising from statements regarding the results of Phase 3 clinical trials for multiple sclerosis drug Lemtrada. They secured the dismissal of all claims. 'Amazing advocate' Jonathan Polkes and up-and-coming partner Caroline Zalka (who is 'knowledgeable and smart, and always on top of her cases') are highly recommended. Allerhand and Stacy Nettleton acted for Signet Jewelers in a consolidated securities class action that alleged a five-year securities fraud concerning Signet’s in-house credit program.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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. 
  • CommuniquĂ© on Equity Crowdfunding Is Officially Published

    By way of background, in January 2019, the Capital Markets Board (“ CMB ”) had issued an announcement on its website on the Draft CommuniquĂ© on Equity Crowdfunding [1] . The CMB has now officially published the CommuniquĂ© on Crowdfunding No. III-35/A (“ CommuniquĂ© ”), on October 3, 2019. The CommuniquĂ© 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 (“FTS”) 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 “Danish Beneficial Ownership Cases”, 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).
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
  • End of the ‘centre of life test’ in Surinder Singh cases?

    In the recent case of  ZA (Reg 9. EEA Regs; abuse of rights) Afghanistan   [2019] UKUT 281 (IAC ), the Upper Tribunal found that there is no basis in EU law for the centre of life test, as set out in Regulation 9(3)(a) of the Immigration (European Economic Area) Regulations 2016 (the “Regulations”). It further found that it is not to be applied when Judges assess  Surinder Singh  cases that appear before them.
  • ITALIAN RULES ON JOINT VENTURES IN PUBLIC PROCUREMENT AND CONCESSIONS

    Italian rules on jointventures concerning public procurement and concession contracts are set out inlight of the European legal framework provided for in Directive 2014/23/EU and 2014/24/EU of the European Parliament and of the Council. The European rules aim to ensurethe best use of public money so that EU citizens benefit from strategicinvestments and services at fair prices. In this context, public procurementand concessions represent key instruments that need to be regulated and standardisedin order to ensure free movement of goods, freedom of establishment and freedomto provide services.
  • Terms of employment as a sole representative

    In this article we examine the working arrangements of sole representatives, looking at the terms and conditions of employment that the Home Office will expect a sole representative to have in order to qualify as a representative of an overseas business.