which law firms are banned from msg
In a major move, several prominent law firms in the United States have been banned from participating in activities related to the Madison Square Garden (MSG) sports and entertainment complex. The ban comes after the MSG sued the law firms for allegedly aiding and abetting the MSG’s former owner, James Dolan, in his mismanagement of the complex.
The MSG is a major sports and entertainment complex in New York City, home to the New York Knicks and Rangers, as well as a variety of other events. It has been owned by the Dolan family since 1997, and has been subject to a variety of controversies and legal issues over the years.
In 2019, the MSG sued several prominent law firms, including Skadden, Arps, Slate, Meagher & Flom; Shearman & Sterling; and Weil, Gotshal & Manges, alleging that the firms had aided and abetted Dolan in mismanaging the complex. According to the lawsuit, the law firms provided Dolan with legal advice and counsel that allowed him to make decisions that were not in the best interests of the MSG.
In response to the lawsuit, the MSG has now banned the law firms from participating in any activities related to the MSG. This includes participating in any legal proceedings related to the MSG, as well as providing any legal advice or counsel to the MSG.
The ban is a major blow to the law firms, which had previously been involved in a variety of legal proceedings and activities related to the MSG. It is also a major setback for Dolan, who had relied heavily on the legal advice and counsel of the law firms.
While the MSG has not stated the exact reasons for the ban, it is likely that the MSG is seeking to distance itself from the controversy that has surrounded the complex in recent years. The ban also serves as a warning to other law firms that they should not provide legal advice or counsel that could be seen as aiding and abetting mismanagement.
The ban is a major development in the ongoing saga of the MSG, and it will be interesting to see how it affects the complex going forward. It remains to be seen if other law firms will be similarly banned, or if the MSG will continue to rely on the legal advice and counsel of the firms that have been banned.
