Disputes over energy and pay aren’t uncommon at Wall Road’s prime corporations. What isn’t bizarre is when the battle turns right into a decade-long authorized battle. That was the case for boutique funding agency Perella Weinberg Companions and their former star banker, Michael Kramer. After 10 years, their dispute just lately went to trial in Manhattan. The FT’s Wall Road editor Sujeet Indap had a seat contained in the courtroom, and tells us what he realized in regards to the internal workings of the agency. Clips from Bloomberg, Fox Enterprise
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For additional studying:
Perella Weinberg trial lifts veil on bitter feud among top bankers
Court brawl reveals fractious world of investment banking
Wall Street’s battle of the bankers
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Comply with Sujeet Indap on X (@sindap) or on Bluesky (@sindap.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or observe her on LinkedIn for updates in regards to the present and extra.
