Seminar Offers Inside Look at Major Corporate Cases

Summer 2011

In a recent meeting of his Corporations in Court seminar, Professor John C. Coffee Jr. welcomed several attorneys, as well as a district court judge, to discuss their work on a multibillion-dollar lawsuit involving Terra Firma Capital Partners Ltd. and Citigroup Inc.

The class’ guests included: Judge Jed S. Rakoff of the U.S. District Court for the Southern District of New York; Christopher Duffy, a partner in the New York City office of Boies, Schiller & Flexner who represented Terra Firma in the case; and Theodore V. Wells Jr. and Jay Cohen, partners in the New York City office of Paul, Weiss, Rifkind, Wharton & Garrison, who represented Citigroup.

Terra Firma Chairman Guy Hands initially brought the suit, alleging that Citigroup had tricked him into inflating his bid to acquire EMI Group Ltd. in 2007. The jury in the case ultimately rejected that claim and decided in favor of Citigroup.