Founded nearly a century ago, Weil Gotshal was once the marquee for bankruptcy advice but has more recently had difficulty competing with giant law firms.
The City Council voted 40 to 7 to ban the carriages from Central Park starting in 2028. But the carriage drivers vowed to fight their loss of livelihood in court.
A passenger’s death in June became the impetus for the City Council to ban the practice, but the bill will likely face a court challenge before being implemented in 2028.
A series of lawsuits has created a new de facto regulatory regime as courts order companies like Meta and Google to change their business practices — and pay up.
Meta’s chief executive, Mark Zuckerberg. On Wednesday, a New Mexico judge ordered Meta to pay a record $25 billion penalty for abusing consumer privacy.
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