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John Baughman Quoted on Citigroup Victory

Litigation partner John F. Baughman was quoted in an article discussing the decision by the state appellate court in New Jersey to uphold a $364.2 million jury verdict obtained three years ago by Paul, Weiss on Citigroup's counterclaims that Parmalat defrauded the bank. The $431 million award includes interest that has accrued since the original October 2008 verdict.

"We're delighted by the result," said John. "As we said all along, Citigroup did nothing wrong, and this opinion affirms that again."

The article "Paul Weiss Beats Back Parmalat Appeal, Holds on to $431 Million Citigroup Win" appeared in the December 22 issue of The American Lawyer.

To read the article, please click here.

January 3, 2012

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