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qwant news | Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum - Law360
Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum
By Tracey Read – March 27, 2026, 3:40 PM EDT
Apollo, Ares, BlackRock and other major financial firms have denied the allegations made by Optimum Communications. Optimum claims the firms “bully‑ed” the law firm Kirkland & Ellis LLP into withdrawing as its transaction counsel in a telecommunications deal, seeking retaliation for a separate collusion lawsuit that Optimum filed in a New York federal court.
The dispute centers on whether the financial firms improperly pressured Kirkland & Ellis to step aside, thereby influencing the outcome of Optimum’s transaction and undermining its legal strategy. Optimum argues this conduct was meant to punish the company for its antitrust claims, while the defendants assert that no such coercion occurred. The case highlights ongoing tensions between large financiers and corporate counsel in high‑stakes litigation.
Read more: https://www.law360.com/articles/2458582/apollo-blackrock-deny-asking-kirkland-to-abandon-optimum
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