On March 31, 2021, Arkin Solbakken LLP won summary judgment on all counts in the Supreme Court of New York on behalf of its client Moelis & Company LLC, in the action styled Moelis & Company LLC v. Ocwen Financial Corp., Index No. 655946/2018 (Sup. Ct. N.Y. County 2018). This included an award of a substantial transaction fee, out-of-pocket expenses, and attorneys’ fees. The Supreme Court further granted Moelis’ request for dismissal of all counterclaims asserted against it. Moelis was represented by Lisa C. Solbakken, Deana Davidian and Thomas O’Brien of Arkin Solbakken LLP.
Arkin Solbakken LLP successfully obtained an order from the Delaware Court of Chancery in November 2020 requiring Athene Holding Ltd. to pay the attorneys’ fees and expenses incurred by a former Athene executive in defending claims brought against him by Apollo Global Management, Inc. The ruling evens the economic playing field, foreclosing the corporate giant from using the costs of litigation tactically and affording the former Athene officer a full opportunity to defend against Apollo’s claims.
On June 26, 2020, the Supreme Court of the State of New York dismissed all of Plaintiff’s claims against Arkin Solbakken LLP’s client, Strategic Vision US LLC, in the action styled Wengui v. Strategic Vision US LLC, et al., Index No. 157538/2019 (Sup. Ct. N.Y. County 2019). The Court granted Strategic Vision’s motion to dismiss the Complaint because the Plaintiff failed to plead actual malice and the allegedly defamatory statements are protected by the litigation privilege.
Selection to America’s Top 100 Bet-the-Company Litigators® is by invitation only, and reserved to less than one-half percent (0.5%) of active attorneys who are identified among the nation’s most exceptional trial lawyers in high stakes litigation matters.
WBENC’s national standard of certification implemented by the Women Presidents’ Educational Organization is a meticulous process including an in-depth review of the business and site inspection. The certification process is designed to confirm the business is at least 51% owned, operated and controlled by a woman or women. By including women-owned businesses among their suppliers, corporations and government agencies demonstrate their commitment to fostering diversity and the continued development of their supplier diversity programs.