Kasowitz Hosts Women’s Roundtable
Kasowitz Benson Torres hosted “Women’s Roundtable: Forging Your Own Path,” at the firm’s New York office in February.
Kasowitz Defeats Motion to Dismiss by Goldman Sachs in Action Alleging Misconduct Relating to Abacus CDO
On March 5, Judge Jennifer Frisch of the Minnesota District Court, Second Judicial District, denied Goldman Sachs’ motion to dismiss the claims asserted against it by Kasowitz Benson Torres LLP, on behalf of its client, Astra Asset Management, a London-based alternative asset manager, seeking termination of the Abacus 2006-10 synthetic CDO.
Kasowitz Files Breach of Fiduciary Duty Lawsuit on behalf of Leap Tide Capital Management against Diadexus Executives and Board Members
Kasowitz Benson Torres, on behalf of investment manager Leap Tide Capital Management, has filed a complaint in the U.S. District Court for the Northern District of California against the former CEO Lori Rafield, CFO Leone Patterson and five of the board members of Diadexus, Inc., a medical diagnostic company that sold its assets in a chapter 7 liquidation, for breach of fiduciary duty to the company and gross negligence.
Kasowitz Obtains Preliminary Injunction for mGage Against Former Employees Violating Restrictive Covenants
On February 26, 2019, Judge Colleen McMahon of the U.S. District Court for the Southern District of New York entered a preliminary injunction order in favor of Kasowitz client mGage, LLC, a global mobile messaging company, enforcing restrictive covenants: enjoining former mGage employees Glenn Stansbury, Tracey Dreby, Darren Metzger and Robert Merkin from working for any competitor, including competitor Mobivity, Inc.; enjoining those former employees and Ronald Sulak, also an mGage former employee, from soliciting any employees, clients, suppliers, customers or business prospects of mGage or using mGage’s confidential or proprietary information; and enjoining Mobivity from utilizing the services of mGage’s former employees.
Mark W. Lerner and Jessica Taub Rosenberg Recognized for Exceptional Legal Writing by The Burton Awards
Kasowitz Benson Torres employment litigation partners Mark W. Lerner and Jessica Taub Rosenberg have been awarded a 2019 Law360 Distinguished Legal Writing Award by The Burton Awards program, devoted to rewarding excellence in law.
Kasowitz Scores $179 Million Arbitration Award against FOX for “Bones” Stars and Producer in a Landmark Decision in TV Industry
In a landmark victory on behalf of Emily Deschanel and David Boreanaz, the stars of the long-running hit TV show “Bones,” and its producer Kathleen Reichs, Kasowitz Benson Torres obtained a $179 million arbitration award for fraud and breach of contract, including $50 million in compensatory damages and over $128 million in punitive damages, against 21st Century Fox, Fox Broadcasting Company, and other Fox entities.
Kelly A. Frawley and Emily S. Pollock Co-Author “Everything You Need to Know About Protecting Your Business in a Divorce”
Kasowitz Benson Torres matrimonial and family law partners Kelly A. Frawley and Emily S. Pollock have co-authored “Everything You Need to Know About Protecting Your Business in a Divorce,” published in Forbes.
Kasowitz Represents Joint Venture in $152 Million Loan on Pioneer Building in Brooklyn
Kasowitz Benson Torres represented a joint venture comprised of Quinlan Development Group and Building and Land Technology in the closing of a loan with Pacific Coast Capital Partners, including a $122 million refinancing of the existing mortgage on 41 Flatbush Avenue, Brooklyn, New York (the “Pioneer Building”) and a $30 million project and construction loan facility to finance the construction of tenant improvements.