Back in June, we bestowed Lawyer of the Day honors upon two of the nation’s top litigators: Ted Wells and Martin Flumenbaum, the co-chair and former chair, respectively, of the renowned litigation department at Paul Weiss. Given the sterling reputations of the two lawyers and their firm, it was a surprising development.
We recognized Messrs. Wells and Flumenbaum after a New Jersey judge sanctioned Paul Weiss and its co-counsel — Lowenstein Sandler, one of the Garden State’s leading law firms, and Wells’s former home (before he jumped across the Hudson) — for pursuing a “frivolous” and “ridiculous” legal claim on behalf of billionaire Ronald Perelman against his ex-father-in-law, Robert Cohen.
In June, Judge Ellen Koblitz ordered Paul Weiss and Lowenstein Sandler to pay Cohen’s fees and costs for opposing the claim; she scheduled a hearing to determine the amount. The hearing took place last month, and now we know the amount.
It’s nothing to sneeze at, even for firms as well-heeled as Paul Weiss and Lowenstein. And to add insult to (financial) injury, Judge Koblitz got super-snarky in the opinion setting forth her reasoning….
Continue reading “A Jersey Judge Benchslaps Paul Weiss and Lowenstein Sandler — Hard”



