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.
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.
Lisa Solbakken is recognized with the 2020 International Advisory Experts Award in the area of New York for Contract and Securities Law. International Advisory Experts (“IAE”) is a global alliance of well-established and experienced legal, financial and consulting firms that are committed to providing clients with specialist solutions for their international business requirements.