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Corporate Regulation and Deregulation After the 2024 Presidential Election

With all eyes focused on the politics and inside-the-beltway drama surrounding the next presidential election—and it can hardly be said that this election season has so far lacked drama—the candidates’ fundamental policy differences that could impact business are being overlooked. While the focus is on the electoral horse race, what…

Five Years of A-List Firms: The Stalwarts, the Sinkers and the Subsumed

Mark Twain is usually credited with saying: “History doesn’t repeat itself. But it often rhymes.” Whether or not the quote actually came from the American humorist, it’s an apt way to think about The American Lawyer’s A-List over the last five years. Indeed, a handful of the top firms in…

Elon Musk Sues OpenAI, Sam Altman on Fraud and Breach-of-Contract Claims

Elon Musk has sued OpenAI, its affiliated companies, founder Sam Altman and president Greg Brockman for alleged fraud and breach of contract just two months after dropping a similar suit against the ChatGPT-maker. According to the 83-page complaint, filed Monday in California’s Northern District by Toberoff & Associates, Altman allegedly “induced” Musk to finance OpenAI by deceiving…

Top Firms Advise on €5.4B AXA-BNP Paribas Deal

Freshfields Bruckhaus Deringer and Sullivan & Cromwell are advising on talks between French financial services giants AXA and BNP Paribas. AXA is in negotiations with BNP Paribas to sell its asset management business, AXA Investment Managers, for an estimated €5.4 billion. 

Boies Schiller, Proskauer Find New Homes in London

U.S. law firms Boies Schiller Flexner and Proskauer Rose are both preparing to move into new London offices within the next six months. Boies Schiller is moving to 100 Fetter Lane at the start of next year. It is currently based on the top floor of 5 New Street Square, occupying…