N.Y. Times Reports on Fallout of BSF's Genesco Win
A Winner, but Now With a Lot to Lose
The New York Times, December 29, 2007, at B2
The NY Times reports that BSF's victory in the Tennessee trial of Genesco, Finish Line and UBS arising out of a failed attempt by the latter two to repurdiate a merger. Columnist Floyd Norris singles out the Court's findings that the key defense witness (cross-examined by BSF partner Jonathan M. Shaw), who claimed that Genesco and its bankers had defrauded the purchasers, lacked credibility. "A lawyer for Genesco, Michael Brille, a lawyer with Boies, Schiller & Flexner, said Genesco argued that it was the sudden change in the credit markets that led UBS to want to get out of its commitment."
Related Practice: Litigation