Paul Weiss Rifkind Wharton & Garrison has won a leading role on the high-profile dispute between chemicals companies Hexion and Huntsman.
The New York firm’s chairman-elect Brad Karp is advising Hexion alongside Wachtell Lipton Rosen & Katz on the damages litigation between the two companies.
The latest instalment in the long-running saga follows a court battle in Delaware that came to a successful end in late September for Vinson & Elkins client Huntsman. Hexion and its parent Apollo Management had filed suit against Huntsman in June, arguing that the combined company would be insolvent if the deal went ahead. Huntsman has countersued.