Skadden, Arps, Slate, Meagher & Flom LLP
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Skadden, Arps, Slate, Meagher & Flom LLP’s litigation and controversy platform helps clients navigate boardroom disputes, securities litigation, and complex commercial conflicts. Global practice head James Carroll, based in Boston, is a seasoned advocate whose docket encompasses securities and commercial disputes, with experience spanning insurance and reinsurance, antitrust, and restrictive covenant issues. In New York, Scott Musoff bolsters the core trials bench with a focus on securities litigation and other high-stakes business disputes, while Susan Saltzstein is regularly sought out by companies and individuals for her work on class and derivative actions, board representations, and shareholder lawsuits. Also in New York, Michael McTigue adds firepower in class actions and mass arbitrations. In Wilmington, Paul Lockwood concentrates on corporate litigation – he advises boards, companies and investors on fiduciary duty and deal-related disputes before the Court of Chancery. Lauren Aguiar retired from her role as partner in April 2025.
Legal 500 Editorial commentary
Key clients
Barclays Plc and its subsidiary (officers and directors)
FS Credit Opportunities
Work highlights
Secured a precedent-setting victory at the New York Court of Appeals for current and former officers and directors of Barclays Plc and its subsidiary, after a year's long saga through the court system, in a shareholder derivative action alleging breach of fiduciary duties on behalf of Barclays, a UK-organized corporation. It raised the question whether New York's internal affairs doctrine was overruled by Business Corporation Law § 1319, which mandates application of New York law. The NYS Supreme Court rejected the plaintiff’s theory and confirmed the continuing application of the internal affairs doctrine.