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Wake Up Call: Facebook Owner Hit With Lawsuit Over Meta Name

July 20, 2022, 12:23 PM

In today’s column, after falling in 2020, big company legal chiefs’ pay soared last year; an insurer dropped coverage for two Big Law firms after they joined litigation against its industry; alternative legal services provider Integreon poached a vice president from a rival.

  • Leading off, Pryor Cashman said it filed a trademark infringement lawsuit in New York federal court against Meta platforms Inc., formerly known as Facebook, on behalf of its client MetaX, LLC. MetaX, said its small, 12-year-old business providing augmented and virtual reality services was crushed after Facebook took its name. (Bloomberg News)
  • After sinking during the pandemic, pay soared in 2021 for legal chiefs at the biggest US companies, according to a new report. (Corporate Counsel)
  • Legal industry insurer QBE declined to renew professional indemnity coverage for UK firms Mishcon de Reya and Fieldfisher after they began working on business-interruption litigation against the insurance industry early in the pandemic. (Law.com International)

Lawyers, Law Firms

  • BakerHostetler took down an online profile for a lawyer who belongs to a Texas legislative caucus that called on the state to disbar attorneys who help women seeking abortions. (Reuters)
  • A Florida Circuit Court judge in West Palm Beach denied Kasowitz Benson Torres’ motion to dismiss a malicious prosecution case brought by Palm Beach resident Laura Perlmutter, wife of Marvel Entertainment chair Isaac Perlmutter. (BLAW)
  • Paul Weiss said former US Attorney General Loretta Lynch, now a litigation partner at the firm, will lead its new practice dedicated to conducting racial equity and civil rights audits; Mayer Brown named partner Lauren Pryor, co-lead of its financial institutions M&A group, to head its new task force to advise on navigating stress in the residential finance market. (Mayer Brown)

Laterals, Moves, In-house

  • Proskauer Rose snagged Cadwalader corporate attorney Joshua Apfelroth as a partner in New York in its mergers & acquisitions practice; Seyfarth Shaw added worklaw and entertainment attorney Ivan Smith as a partner in New York; Mishcon de Reya hired former Dentons asset-based lending lawyer Steven Geerlings as a partner in London; Bryan Cave Leighton Paisner hired King & Spalding real estate finance lawyer Varuna Bhattacharyya as a partner in New York; real estate lawyer Nellie Shipley Sullivan moved from Womble Bond Dickinson to Holland & Knight in Atlanta as partner; Nixon Peabody named former New York Housing Commissioner Deborah VanAmerongen, now a policy adviser at the firm, as deputy leader of its affordable housing and real estate practice; Sullivan & Worcester hired corporate and securities lawyer Joseph Segilia, former general counsel at cannabis company Unrivaled Brands, as partner in New York; former Justice Department antitrust prosecutor Carsten Reichel joined Norton Rose Fulbright as partner in Washington. (NortonRoseFulbright.com)
  • Haynes and Boone hired biotechnology and life sciences patent attorney Angela Grant in Washington as partner. She arrives from Lathrop GPM’s Boston office; Haynes and Boone also picked up oil and gas and chemical industries transactions lawyer Hugh Tucker as partner in Houston. He arrives from Shearman & Sterling, where he was lead industry coordinator for energy; Greenberg Traurig hired Seyfarth Shaw corporate partner Adam Laughton as shareholder in Houston in its health care and Food and Drug Administration practice. (GTLaw.com)
  • Fantasy sports, gambling, and gaming operator FanDuel promoted chief legal officer Christian Genetski to president; former federal prosecutor and Philadelphia City Solicitor Sozi Tulante, recently a Dechert trial partner, left the firm to become general counsel at Boston-based energy storage technology and manufacturing company Form Energy, Inc.; Integreon Inc., an alternative legal services provider, poached a new vice president of technology solutions from rival UnitedLex Corporation. Diane Homolak, who was VP for legal tech solutions at UnitedLex, was earlier in-house at Hewlett-Packard. (Integreon.com)

Technology

  • Wilson Sonsini-based legal tech developer SixFifty launched an automated tool for US data privacy law compliance. (Artificial Lawyer)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com