Weil Gotshal partner Gerhard Schmidt, co-managing partner of the Biglaw firm's German offices and a private equity and mergers & acquisitions attorney, is on the hot seat thanks to a €5 million personal investment. According to reporting by the Financial Times, in 2017 Schmidt invested the money in private equity group Novalpina Capital, sans the typical investor fees due to his relationship with the founders, and chaired Novalpina Capital.
Today's verdict in WhatsApp's case is an important step forward for privacy and security as the first victory against the development and use of illegal spyware that threatens the safety and privacy of everyone.