News

June 30, 2020

Arkin Solbakken LLP Obtains Dismissal of Defamation Case

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.
February 21, 2020

Arkin Solbakken LLP Obtains Dismissal of Claims Seeking Billions of Dollars Against Client.

On December 18, 2019, the Supreme Court of the State of New York dismissed all of Plaintiffs’ claims in the action styled Guo Wengui, et al. v. Sam Nunberg, et al., Index No. 162069/2018 (N.Y. Sup. Ct. N.Y. Cnty.), seeking billions of dollars from Arkin Solbakken LLP client Dr. Bruno Wu.  The Court’s order was issued as a result of Dr. Wu’s motion to dismiss Plaintiffs’ Complaint, which argued, among other things, that the act of state doctrine barred all of Plaintiffs’ non-defamation claims, that the Court lacked jurisdiction over Dr. Wu with respect to Plaintiffs’ defamation claims, and that […]
October 31, 2018

Enmity Erupts Between Former Private Equity Partners Over Lucrative Insurance Units

INSURANCE JOURNAL By Sonali Basak and Heather Perlberg  Nearly a decade ago, Imran Siddiqui helped engineer a shrewd maneuver for buyout mogul Leon Black’s Apollo Global Management LLC, one that’s yielded many millions for the firm. Then Siddiqui and Apollo parted ways — and the sparks are still flying. Money, betrayal, revenge: this breakup story has it all. Apollo has accused Siddiqui of stealing trade secrets. Siddiqui has accused Apollo of scaring off his investors. The two sides have multiple lawsuits pending. The issue centers on the business that has become Apollo’s cash cow, Athene Holding Ltd. The legal tussle has emphasized just […]
November 1, 2017

Arkin Solbakken LLP Obtains Voluntary Dismissal of All Claims Against Client

On March 21, 2018, Plaintiffs in the action styled Guo Wengui, et al. v. Zheng Wu a/k/a Bruno Wu,  18-cv-00845 (E.D.N.Y. 2018) filed a Notice of Voluntary Dismissal in connection with all claims brought against Arkin Solbakken LLP client Bruno Wu.  This filing followed Mr. Wu’s motion to dismiss Plaintiffs’ Complaint, which argued, inter alia, that no federal jurisdiction existed over the subject matter of the parties’ dispute, and that Plaintiffs’ claims were otherwise barred by the state action doctrine.
October 11, 2016

Arkin Solbakken LLP client sues fund administrator for allowing a cyberthief to steal $5.9 million

Arkin Solbakken LLP is representing Tillage Commodities Fund in a lawsuit against SS&C Technologies, which fell victim to a “spoofing” scam and disbursed $5.9 million of Tillage’s fund’s to an unknown cyberthief. The full article can be viewed here.
February 29, 2016

Solbakken Provides Legal Commentary on Derivative Suit, FOX Business News

Watch video