Key takeaways

• Brad Pensyl has joined BakerHostetler’s New York office as a partner in the nationwide Litigation Practice Group and a member of the Commercial Litigation team.
• Pensyl joins BakerHostetler from a multinational law firm, where he was a member of the corporate and commercial litigation group.
• He represents clients in mergers and acquisitions litigation, private equity litigation, real estate finance litigation and complex contractual disputes, as well as in class actions, shareholder derivative suits and cross-border matters.

Why this matters

Pensyl’s wide-ranging commercial litigation practice fits in well with a team that was named a “Litigation Intimidating Opponent” by BTI Litigation Outlook 2025. He has successfully represented clients from numerous industries — particularly private equity, energy and life sciences — and has handled multiple kinds of business disputes. Pensyl’s arrival is the latest in a string of litigation hires that includes Artie McConnell in New York; Ryan Hedges in Chicago; Jeremy Anderson in Wilmington, Delaware; Steven Dettelbach in Cleveland and Washington; and Timothy Longman in Washington. Since Jan. 1, BakerHostetler has added nearly 50 attorneys to its offices across the United States.

Key quote

“We are very excited to welcome Brad Pensyl to our deep and talented bench of litigators. With valuable experience garnered from more than 15 years in practice, Brad’s skills and know-how will complement the first-in-class service we provide to our clients as they navigate their most complex challenges,” said Ray Whitman, chair of BakerHostetler’s Litigation Practice Group.

About Pensyl’s practice

Pensyl has a broad commercial litigation practice, as he handles high-stakes contractual disputes in any sector, including private equity, energy, life sciences and corporate. He is skilled at mergers and acquisitions litigation, bankruptcy litigation, employment litigation and real estate finance litigation.

Recognized by The Legal 500 for international litigation for the past seven years, Pensyl has extensive experience litigating complex commercial cases at the trial and appellate court levels and in arbitrations. He has excelled at developing strong relationships with corporate and private capital clients and is adept at litigating disputes in the public-private partnership energy space.

Pensyl received his Juris Doctor from Syracuse University College of Law and a Bachelor of Arts from Gettysburg College.

Key quote

“Brad is the man to see for complex, commercial and merger and acquisition litigation. Our clients will benefit from his vast experience both in the courtroom and in the boardroom,” said George Stamboulidis, managing partner of BakerHostetler’s New York office.

With more than 400 litigators in offices coast to coast, BakerHostetler’s Litigation Practice Group represents market-leading clients in virtually every type of case and proceeding, nationally and around the world. The group’s roster of litigators includes former prosecutors, veteran civil trial attorneys and former enforcement officials from various government agencies. Recognized as a “go-to law firm” for its deep bench, commitment to client needs and tenacity, and named by BTI as “Most Feared in Litigation” four years in a row, BakerHostetler’s Litigation Practice Group successfully protects clients in and outside the courtroom. For more information, visit bakerlaw.com/Litigation. Connect with us on LinkedIn at @BakerHostetler, @RayWhitman, @GeorgeStamboulidis or @BradPensyl, or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

Key takeaways

• Timothy Longman has joined BakerHostetler’s Washington office as a partner in the firm’s Litigation Practice Group and a member of the Antitrust and Competition team.
• Longman joins BakerHostetler after 10 years with the U.S. Department of Justice Antitrust Division. His previous experience in the private and public sectors includes handling both antitrust litigation and antitrust merger clearances.
• While at the DOJ, he participated in and served as managing supervisor of the U.S. v. Google federal antitrust case that accused Google of illegally monopolizing the advertising technology market in violation of Sections 1 and 2 of the Sherman Act.

Why this matters

Longman is a full-service civil antitrust lawyer who is adept at litigating complex antitrust cases, handling antitrust merger clearances, leading investigations and providing business advice. He strengthens BakerHostetler’s Antitrust and Competition team, which comprises more than 50 attorneys from coast to coast and was recognized for the second year in a row as one of the world’s top antitrust practice teams by the 2024 Global Competition Review 100.

Key quote

“Our Antitrust and Competition team provides sound, actionable strategies focused on positioning clients for success in the most crucial matters. Tim’s background with the DOJ Antitrust Division combined with his time in private practice make him a welcome addition to the firm and an important asset to our clients,” said Ray Whitman, chair of BakerHostetler’s Litigation Practice Group.

About Longman’s practice

As acting assistant chief of the DOJ Antitrust Division’s Civil Conduct Task Force, Longman oversaw the work of lawyers and paralegals in the prosecution of complex antitrust conduct claims. That included participating in and supervising the recent U.S. v. Google monopolization case relating to its advertising technology business, which entailed developing the theory and managing the litigation team from the onset of the investigation through trial. During his tenure with the DOJ, he also represented the U.S. in investigations and litigations with respect to conduct claims in a range of industries, including technology platforms, advertising, real estate and agriculture.

Prior to his government career, Longman served as an antitrust associate with several Washington-area law firms, representing clients in federal and state antitrust litigations and merger reviews. He also litigated complex antitrust conduct cases through trial, conducted investigations and provided antitrust counseling.

Longman received his J.D. from George Washington University Law School and an M.S. from the London School of Economics.

Key quote

“Tim is a natural fit in our Washington office, which is home to a host of former leaders from various U.S. government agencies, including the Department of Justice, Securities and Exchange Commission, Federal Trade Commission, Treasury Department, Department of Commerce and Department of Energy. His extensive antitrust experience will provide clients with valuable insights into the way government antitrust regulators think about litigation and potential regulatory actions,” said Jeff Paravano, Managing Partner of the firm’s Washington office.

With more than 400 litigators in offices coast to coast, BakerHostetler’s Litigation Practice Group represents market-leading clients in virtually every type of case and proceeding nationally and around the world. The group’s roster of litigators includes former prosecutors, veteran civil trial lawyers and former enforcement officials from various government agencies. BakerHostetler is recognized as a “go-to law firm” for its deep bench, commitment to client needs and tenacity and has been named by the BTI Consulting Group for four years in a row as Most Feared in Litigation. The firm’s Litigation Practice Group successfully protects clients in and out of the courtroom. For more information, visit bakerlaw.com/Litigation. Connect with us on LinkedIn at @BakerHostetler, @RayWhitman, @JeffParavano or @TimLongman or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

WASHINGTON —April 15, 2025 — BakerHostetler’s internationally recognized Digital Assets and Data Management Practice Group released its 2025 Data Security Incident Response Report, which provides insight and analysis from more than 1,250 data security incidents managed by the firm this past year. The 11th edition of the report — a one-of-a-kind publication from a law firm — features a deep dive into critical components of security incidents (e.g., response timeline, average ransom payment amount, frequency of litigation) as well as an examination of trends in litigation, privacy, artificial intelligence, web tracking, the regulatory landscape and more. It provides organizations around the globe with metrics to make data-driven decisions before, during and after security incidents.

Key takeaways:

• Companies are starting to win the battle against ransomware. Successful attacks are fewer. Time to restore is faster. Payments are lower.
• Forensic investigation costs dropped dramatically, marking a three-year low and a 30% reduction. In just the past two years, the average forensic costs for the 20 largest network intrusion matters declined from $550,000 to $273,000.
• Less malware is being used. Use of compromised credentials is more prevalent. So identity access management and access controls are even more important.
• Post-data breach class action filing frequency was slightly less than the year before (lawsuits were filed after 51 out of 518 disclosed incidents compared with 58 out of 493 disclosed incidents in 2023). This was the first year in the past five without an increase.
• Wire fraud impact grew. The total amount of fraudulent transfers grew by over 211%, from $35 million in 2023 to $109 million in 2024. The average fraudulent wire transfer was over $1 million.
• Health care continued to be the industry with the most incidents (36%).

Key quote

“It is correct but also misleading to say that the cybersecurity risk landscape is dynamic. New threats and variations on old schemes emerge, but many of the underlying tactics and methods have not changed in years. We produce the DSIR Report to illustrate nuances that make a difference in understanding the risk landscape (both likelihood and impact) and share insights from the full suite of advisory services the firm provides across the entire data and technology life cycle,” said Theodore J. Kobus III, chair of BakerHostetler’s DADM Practice Group. “We are proud that the report has become a must-read resource for organizations worldwide as they develop privacy and cybersecurity strategies to manage the risks associated with data.”

Ransomware impact less severe

It is rare that our clients experience more than one ransomware attack. After more than five years of attacks, many organizations have experienced one and learned the lessons to prevent a second. Law enforcement continues to be effective at disrupting the operations of ransomware groups. The report shows that the most active groups rarely remain at the top for more than a year. Organizations are more resilient. With better backup strategies, organizations rarely need to pay for a decryptor. More often, they are paying to prevent publication of stolen data; on average, the amount of such payments is lower than when a decryptor is needed. The average ransom paid dropped 33% in 2024 to $501,388 (down from $747,651 in 2023).

Forensic investigation costs decreased significantly

Forensic investigation costs continue to drop, declining 30% in 2024 and marking a three-year low. Key factors driving down costs are preexisting Endpoint Detection and Response Coverage, triage collection tools, virtualization, wider use of SIEMs and a mature industry that has developed efficiencies (e.g., low-flat-fee approaches for common matters like email access events).

Data breach litigation trended (slightly) downward

Reversing course, data breach litigation decreased in 2024 for the first time, with 51 incidents (out of 518 disclosed incidents) resulting in one or more lawsuits (compared with 58 out of 493 disclosed incidents in 2023).

Privacy statute lawsuits also slowed

Website privacy lawsuits, which exploded at the end of 2022 and beginning of 2023, slowed in 2024. And website privacy case settlements saw an uptick. As the report states: “This may be a function of the sheer number of cases that were initially filed and some litigation fatigue from the plaintiffs’ bar.”

Fraudulent fund transfers skyrocket

The total amount of fraudulent fund transfers more than tripled from 2023 to 2024 — increasing from $35 million to $109 million. These include successfully diverted wires, direct deposits and ACH payments. The average fraudulent transfer amount also surged from $430,445 in 2023 to $1,256,797 in 2024. The top two industries targeted were business and professional services and finance and insurance, with just over 50% of the wire fraud matters affecting those two industries.

The median time from initial account access to discovery of the fraudulent fund transfer was significantly higher when compared with all incidents generally (18 days compared with three days). This lag in discovery significantly impacts the ability to recover funds.

Health care remains a target

The health care sector (including biotech and pharma) accounted for 36% of the incidents tracked by the DSIR Report — health care has been the industry with the most incidents for all 11 years of the report. Health care also had the highest average ransom paid of any industry, at $847,875.

Key quote

“Compromise response metrics enable organizations to cut through the noise and confusion to identify risk-based measures to enhance their incident response preparedness level and mature their security program,” said Craig Hoffman, co-leader of BakerHostetler’s national Digital Risk Advisory and Cybersecurity team.

BakerHostetler’s DADM Practice Group — made up of more than 100 attorneys and technologists — unites key service offerings and technologies intersecting with the life cycle of data. A globally recognized leader, the group boasts a roster that includes attorneys who have practiced in this space for more than two decades, former federal prosecutors, veteran in-house counsel and past government agency leaders. With eight top-tier rankings by Chambers USA and Legal 500, the DADM Practice Group is considered a powerhouse for cybersecurity, privacy, advertising, data governance and emerging technology matters. For more information, visit bakerlaw.com/DigitalAssetsDataManagement. Connect with us on LinkedIn at @BakerHostetler, @TedKobus and @CraigHoffman or on the social platform X at @BakerHostetler.

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About BakerHostetler
BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers. For more information, visit bakerlaw.com.

“Baker Hostetler earns enthusiastic recommendations from corporate counsel – they point to the firm’s industry knowledge and client-centric approach,” says Michael B. Rynowecer, president of the BTI Consulting Group and director of the survey. “These are especially important to clients.”

In the Overall ranking the firm earned a “Leader” commendation, the second highest ranking possible. In the size-based category, BakerHostetler scored a “Highly Recommended” in the Largest Law Firms (1,000-2,000 attorneys) category.

Various industry groups also garnered impressive recognitions in the report.

• Food & Agritech: Most Recommended [Top 2% of firms]
• Healthcare: Most Recommended [Top 2% of firms]
• High Tech: Strongly Recommended [Top 11% of firms]
• Manufacturing: Strongly Recommended [Top 10% of firms]
• Professional Services: Strongly Recommended [Top 7% of firms]
• Telecommunications: Highly Recommended [Top 4% of firms]

These rankings, compiled from insights garnered during in-depth surveys and telephone interviews with leading legal decision makers, are the legal industry’s only ranking based solely on unprompted, objective recommendations from corporate counsel.

The full BTI Most Recommended Law Firms 2025 report is found here.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

A US-based subsidiary of CNOOC International Ltd., has entered into the stock purchase agreement with a subsidiary of INEOS Energy for the sale of CNOOC’s subsidiary.

The SPA involves CNOOC Limited’s upstream oil and gas business located in the Gulf of Mexico, mainly consisting of non-operating interests in oil and gas projects including the Appomattox and Stampede fields.

The BakerHostetler team was led by the firm’s national Energy Industry team co-leader and Partner Gary Alletag and Associate Macy Munz and included Partners John Lehrer, Bill Pence, Ryan Pittman, Thomas Hogan and Stefan Smith, Counsel Kristina Ramsey and Associate Jeffrey Liskov.

For more information, see CNOOC’s press release announcing the transaction: CNOOC Limited Subsidiary Signed SPA with INEOS Energy.

BakerHostetler’s Business Practice Group handles thousands of corporate transactions each year. The full-service team, consisting of more than 250 attorneys in offices across the United States, has extensive experience closing all varieties of transactions – including mergers and acquisitions and private equity, real estate, debt finance, capital markets and securities, healthcare and regulatory, restructuring and bankruptcy, emerging companies and venture capital, commercial transactions, and other matters central to a company’s success. A national group with a global reach, BakerHostetler’s Business Practice Group is consistently named a go-to firm by both Chambers USA and Legal 500. For more information, visit bakerlaw.com/services/business/. Connect with us on LinkedIn at @BakerHostetler or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

Key takeaways

• Ryan Hedges has joined BakerHostetler’s Chicago office as a Partner in the firm’s Litigation Practice Group and a member of the White Collar, Investigations and Securities Enforcement and Litigation team.
• Hedges joins BakerHostetler from an international law firm, where he focused on white collar criminal defense, internal investigations and complex civil litigation matters.
• He is a former assistant U.S. attorney who investigated and prosecuted some of the largest and most complex health care fraud cases charged in the Northern District of Illinois.

Why this matters

Hedges is the latest former federal prosecutor to join the White Collar, Investigations and Securities Enforcement and Litigation team, which recently welcomed Artie McConnell, who served as an assistant U.S. attorney in the Eastern District of New York for 10 years. Hedges is a seasoned trial lawyer with significant experience handling white collar and complex civil litigation matters involving numerous federal statutes and some of the most prominent government agencies. His government experience, combined with his years in private practice, makes him an immediate asset to the firm’s clients in their most complex litigation matters.

Key quote

“We continuously strive to bolster the White Collar team with the country’s most experienced and seasoned lawyers. With an insider perspective from his tenure with the U.S. Department of Justice, along with years of experience representing clients in their most sensitive and high-profile matters, Ryan is a natural choice to join our growing Litigation Practice Group,” said Ray Whitman, chair of BakerHostetler’s Litigation Practice Group.

About Hedges’ practice

An experienced trial attorney and investigator, Hedges has successfully tried numerous federal criminal cases for and against the government. He has significant experience leading complex investigations of individuals and corporations suspected of white collar crimes such as health care fraud; investment, securities and commodities fraud; mail and wire fraud; money laundering; and tax crimes, including violations of the Anti-Kickback Statute, the False Claims Act, the Clean Air Act and the Federal Food, Drug and Cosmetic Act. He also conducts internal investigations for clients and provides compliance counsel.

Prior to joining his previous firm, Hedges spent seven years as an assistant U.S. attorney in Chicago, investigating and prosecuting complex financial crimes. There, he was selected to the U.S. attorney’s team dedicated to prosecuting health care fraud.

Hedges received his J.D. from the University of Southern California Gould School of Law and his B.S. from Northwestern University.

Key quote

“Ryan has had an impressive career in private practice and as an assistant U.S. attorney. He’s a great fit with our Chicago litigation team and will strengthen our ability to handle high-stakes investigations and enforcement matters for our clients,” said Leif Sigmond, partner-in-charge of BakerHostetler’s Chicago office.

With more than 400 litigators in offices coast to coast, BakerHostetler’s Litigation Practice Group represents market-leading clients in virtually every type of case and proceeding, nationally and around the world. The group’s roster of litigators includes former prosecutors, veteran civil trial lawyers and former enforcement officials from various government agencies. BakerHostetler is recognized as a “go-to law firm” for its deep bench, commitment to client needs and tenacity, and has been named by BTI for four years in a row as “Most Feared in Litigation.” The firm’s Litigation Practice Group successfully protects clients in and out of the courtroom. For more information, visit bakerlaw.com/Litigation. Connect with us on LinkedIn at @BakerHostetler, @RayWhitman, @LeifSigmond or @RyanHedges or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

Audiense, beloved by consumers across the globe, uses its AI-driven audience insights to empower organizations to uncover, understand and connect with their ideal audiences. Through advanced segmentation and actionable insights, Audiense helps brands optimize strategies across marketing, sales and beyond.

Buxton is a leading provider of customer analytics solutions. By combining proprietary intelligence and AI with hundreds of data sets, including purchase behavior and intent data, Buxton’s robust product line is trusted by more than 3,400 brands to help them capture, understand and activate audience data across over 20 integrated marketing channels.

The BakerHostetler deal team was led by Partner Steven Goldberg and Associate Michael Greubel and included Partners Matthew Gases, Matthew Wochok, Erica Svoboda, Brendan Clark and Kyle Gregory, Counsel Jacqueline Best and Associate Michael Parente.

Osborne Clarke served as UK and EU counsel to Audiense.

For more information visit: https://www.buxtonco.com/newsroom/buxton-takes-next-step-in-revolutionizing-consumer-insights-with-acquisition-of-audiense.

BakerHostetler’s Business Practice Group handles thousands of corporate transactions each year. The full-service team, consisting of more than 250 attorneys in offices across the United States, has extensive experience closing all varieties of transactions – including mergers and acquisitions and private equity, real estate, debt finance, capital markets and securities, healthcare and regulatory, restructuring and bankruptcy, emerging companies and venture capital, commercial transactions, and other matters central to a company’s success. A national group with a global reach, BakerHostetler’s Business Practice Group is consistently named a go-to firm by both Chambers USA and Legal 500. For more information, visit bakerlaw.com/services/business/. Connect with us on LinkedIn at @BakerHostetler or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

On June 15, 2020, Gelt Trading Ltd. filed a securities class action against Co-Diagnostics Inc. and certain of the company’s current and former directors and officers alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Co-Diagnostics (NASDAQ: CODX) is a molecular diagnostics company headquartered in Salt Lake City.

At issue was Co-Diagnostics’ May 1, 2020 press release that disclosed, among other things, that its Logix Smart COVID-19 test demonstrated “100% sensitivity and 100% specificity” — well-defined scientific metrics — across independent evaluations. Gelt Trading alleged that the press release was false and/or misleading because it conveyed to investors that the Logix Smart test was “100% accurate,” allegedly inflating Co-Diagnostics’ stock price. Gelt Trading claimed that this artificial inflation was removed, and investors suffered losses, when Co-Diagnostics’ stock price dropped on May 15, 2020, following three disclosures that allegedly revealed the press release to be false.

BakerHostetler was retained to replace prior counsel after the initial motion to dismiss was denied and the case was in the early phases of discovery. On summary judgment, BakerHostetler argued that Gelt Trading could not establish any genuine issue of material fact supporting liability as to any element of a Section 10(b) claim — falsity, scienter, reliance, loss causation or damages. BakerHostetler also argued that Gelt Trading’s experts’ testimony — which related to clinical testing and loss causation — should be excluded on summary judgment under Daubert.

On March 4, after oral argument, the court granted Co-Diagnostics’ Daubert motion to exclude the testimony of Gelt Trading’s loss causation expert and granted summary judgment for Co-Diagnostics, concluding that Gelt Trading could not demonstrate loss causation.

With respect to the motion to exclude, the court found that Gelt Trading’s loss causation expert’s testimony was not admissible evidence for two reasons. First, its expert failed to subscribe his report under penalty of perjury as required under 28 U.S.C. Section 1746. Second, its expert failed to account for obvious alternative explanations for the May 15, 2020 stock price drop.

As for the motion for summary judgment, the court concluded that none of the three alleged corrective disclosures corrected the May 1, 2020 press release, either because they did not discuss Co-Diagnostics’ Logix Smart test or because the allegedly contradictory information was long known to the market and already incorporated into Co-Diagnostics’ stock price. Accordingly, Gelt Trading could not establish that the May 1, 2020 press release was the cause of its or the class’s losses. Having reached this conclusion, the court declined to address the other summary judgment arguments or the other Daubert motions.

“This dismissal is a tremendous victory for our clients and the firm, and we are optimistic about our chances of prevailing in any appeal the plaintiff might file. This win demonstrates that securities class actions can be litigated to success even after the motion to dismiss stage. Far too often, securities class actions settle in the wake of the denial of a motion to dismiss, but the right cases can and should be litigated through class certification and summary judgment,” said Doug Greene, a partner at BakerHostetler and leader of its firmwide Securities and Governance Litigation practice team.

The BakerHostetler team representing Co-Diagnostics included Partners Doug Greene, Genevieve York-Erwin, Marissa Peirsol and Zachary Taylor.

The case is Gelt Trading, Ltd. v. Co-Diagnostics, Inc. et al., Case No. 2:20-cv-00368-JNP-DBP (D. Utah).

With more than 400 litigators in offices coast to coast, BakerHostetler’s Litigation Practice Group represents market-leading clients in virtually every type of case and proceeding, nationally and around the world. The group’s roster of litigators includes former prosecutors, veteran civil trial attorneys and former enforcement officials from various government agencies. Recognized as a “go-to law firm” for its deep bench, commitment to client needs and tenacity, and named by BTI as “Most Feared in Litigation,” BakerHostetler’s Litigation Practice Group successfully protects clients in and outside the courtroom. For more information, visit bakerlaw.com/Litigation. Connect with us on LinkedIn at @BakerHostetler, @DouglasGreene, @GenevieveYork-Erwin, @MarissaPeirsol and @ZacharyTaylor or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats. Dow Jones has produced unrivaled quality content for more than 130 years and is home to leading publications and products, including the flagship Wall Street Journal, Barron’s and MarketWatch.

Dragonfly Intelligence is a geopolitical and security intelligence provider. Oxford Analytica is a provider of geopolitical intelligence advisory services.

The BakerHostetler deal team was led by Steven H. Goldberg and Matthew D. Gases, partners in the firm’s Business Practice Group, and included partners Rob Morwood and Erica Svoboda and associate Tom Paquette.

More details can be found in Dow Jones’ press release.

BakerHostetler’s Business Practice Group handles thousands of corporate transactions each year. The full-service team, consisting of more than 250 attorneys in offices across the United States, has extensive experience closing all varieties of transactions – including mergers and acquisitions and private equity, real estate, debt finance, capital markets and securities, healthcare and regulatory, restructuring and bankruptcy, emerging companies and venture capital, commercial transactions, and other matters central to a company’s success. A national group with a global reach, BakerHostetler’s Business Practice Group is consistently named a go-to firm by both Chambers USA and Legal 500. For more information, visit bakerlaw.com/services/business/. Connect with us on LinkedIn at @BakerHostetler, @StevenGoldberg and @MatthewGases or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups — Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax — and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

Key takeaways

• Eric Lee joins BakerHostetler in the Washington* office as a partner in the Intellectual Property Practice Group and a member of the Trademark and Copyright team.
• Lee comes from an Am Law 50 firm and concentrates on trademark, trade dress, advertising and copyright matters for international and emerging brands in numerous industries.
• He is also skilled at guiding clients through the world of artificial intelligence and its strong connection to IP rights.

Why this matters

Lee brings his substantial practice for global clients to BakerHostetler and is the latest addition to the firm’s national Intellectual Property Practice Group, as his arrival follows that of accomplished IP attorney Susan Kayser, who also recently joined as a partner in the Washington office.

Key quote

“Eric is a skilled litigator and counselor with a diverse practice in a wide variety of industries,” said Mark Tidman, firmwide chair of the IP Practice Group. “He has also embraced the increasing intersection of artificial intelligence and intellectual property, which our clients will truly benefit from when it comes to compliance policies and vendor agreements. Eric is a valuable addition to the IP Practice Group.”

About Lee’s practice

Lee focuses his practice on trademark and copyright litigation, as well as complex intellectual property disputes. He regularly advises clients on developing and strengthening their intellectual property portfolios, including creating, protecting and leveraging trademarks and copyrights. With extensive experience in trademark clearance, prosecution, licensing and enforcement, Lee helps clients safeguard their brands and manage global trademark portfolios.

Lee works with clients across a range of industries, including e-commerce, fashion, music, travel, software, medical devices and pharmaceuticals. His practice also includes guiding companies through branding strategies, enforcement programs and due diligence for intellectual property matters.

Lee received his J.D. from Boston College Law School and his B.A. from Bowdoin College.

Key quote

“Eric is an experienced IP counselor and litigator who pays attention to the pulse of trademark, copyright and advertising law trends to help maximize the value of clients’ IP assets and protect them over the long term. We are excited to have Eric join us to bolster our IP capabilities,” said Jeff Paravano, managing partner of the firm’s Washington office.

Connect with us on LinkedIn at @BakerHostetler, @MarkTidman, @JeffParavano and @EricLee or on the social platform X at @BakerHostetler.

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About BakerHostetler

BakerHostetler helps clients around the world address their most complex and critical business and regulatory issues. Our highly ranked attorneys deliver sophisticated counsel and outstanding client service. We have six core practice groups – Business, Digital Assets and Data Management, Intellectual Property, Labor and Employment, Litigation, and Tax – and more than 1,000 lawyers coast to coast. For more information, visit bakerlaw.com.

*Eric Lee is not admitted in the District of Columbia and is practicing pursuant to D.C. Rule 49(c)(8) under the direct supervision of Susan Kayser during pendency of application for admission to D.C.