“A New Jersey judge has sanctioned two firms, Paul, Weiss, Rifkind, Wharton & Garrison and Lowenstein Sandler, for pursuing a ‘frivolous’ and ‘ridiculous’ legal claim on behalf of billionaire Ronald Perelman against his 85-year-old ex-father-in-law.” [NYLJ]
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Just goes to show you that when enough money is involved, white shoe firms in midtown are as willing to pursue a baseless case as any Court Street operation in Brooklyn.
Kind of an interesting sidelight on this is that Ted Wells (top litigator and pretty-up-there-top-dog at Paul Weiss) was [my boss] at Lowenstein Sandler, which is as close to white shoe (financially, anyway) as any native New Jersey firm there is, but clearly merely still acting as Ted’s New Jersey office on this case. It would be a little embarrassing to the New Jersey partner nominally in charge of this litigation, Zulima Farber, for me to say this, but (a) nah, you listen to Ted no matter what; and (b) former state Attorney General Zulima has been there already anyway.
I know what you’re thinking. Sour grapes, Coleman! Yes, they were both my former bosses at Lowenstein. And I couldn’t make it there. Just didn’t have the right stuff, you know? But hell… you could say that about just about every law firm!