Herbert Wachtell
Herbert Maurice Wachtell is an American lawyer. He is the co-founder of the law firm Wachtell, Lipton, Rosen & Katz.
Education and early career
Herbert Maurice Wachtell was born on May 24, 1932, in New York City. His parents were the children of Jewish immigrants from present-day Poland and Hungary.Wachtell attended public schools in New York City, including The High School of Music & Art,, followed by New York University in Manhattan. He graduated from New York University, New York University School of Law, and Harvard Law School.
From 1955 to 1957 he was an Assistant U.S. Attorney, Southern District of New York prosecuting federal crimes including racketeering. In 1957–1958, he served as deputy chief counsel to the House Subcommittee on Legislative Oversight, investigating corrupt activities at certain of the government administrative agencies. Upon leaving public service, he founded a small law firm specializing in litigation and lectured as an adjunct professor at NYU School of Law and authored a single-volume text, New York Practice under the CPLR, which then went through six editions.
Later career
In 1965, he and NYU Law alumni Martin Lipton, Leonard Rosen, and George Katz joined to found Wachtell, Lipton, Rosen & Katz. The firm is known for big risk and complex transactions and litigation.In 1963, the Practising Law Institute of New York published Wachtell's review of civil procedures, New York practice under the CPLR, in 1963, the first of six editions.
Wachtell handled a wide range of litigation including, notably, landmark takeover fights in the Delaware courts involving Time-Warner and Paramount.
Noted as "one of the nation's most aggressive lawyers" by the ABA Journal in 1995; he then successfully represented Philip Morris in Philip Morris Cos. v. American Broadcasting Cos. He represented Silverstein Properties in litigation to secure rebuilding insurance proceeds following the World Trade Center attacks.