Paul Weiss joins cast of Hexion-Huntsman

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.