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Former SDNY U.S. attorney David Kelley, a co-leader of the firm’s white-collar practice, moved to O’Melveny & Myers. Benjamin Barnett, chair of the firm’s technology committee, joined plaintiffs firm Seeger Weiss.        

“If they can enrage you and inflame you and make you mad, you won’t care,” Nelson Mullins Riley & Scarborough partner Michael Brown said.        

“When you spot leadership potential in a member of your team, you should begin nurturing it as early as possible,” says Michael Glaser.        

Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff’s complaint. While the law is still developing, there are three important takeaways for trustees to consider.        

“Simply refusing to get involved or pretending it doesn’t exist is not a strategy for success. Embracing it wholeheartedly without examining potential pitfalls and mitigating risks is also not a strategy for success,” said Adam Weiss, Relativity’s chief legal officer and chief administrative officer.