Icahn Turns to Breakaway Law Firm for Silver Lake Deal Challenge

Carl Icahn, who’s challenging the $13 billion private equity sale of Endeavor Group Holdings Inc., dropped one of the country’s top shareholder law firms Friday in favor of a firm formed last year amid mass defections.

Bernstein Litowitz Berger & Grossmann LLP said in a court filing that it’s withdrawing from the case targeting Silver Lake’s buyout of the entertainment conglomerate, which owns WWE, UFC, and a major talent agency. Icahn will instead by represented by Johnson Van Kwawegen LLP, the breakaway firm co-founded by former Bernstein Litowitz partner Jeroen van Kwawegen, who took most of the corporate governance ...