In a recent development, a Colorado federal jury has ordered a Berkshire Hathaway-owned construction supplier to pay $6.7 million in damages. The ruling stems from claims of monopolistic practices that went against their rival in the industry. This verdict came shortly after a judge admonished the Berkshire company’s attorney, suggesting the counsel may have “crossed…
Last month, the New York legislature passed a bill granting property tax breaks for up to 40 years to affordable housing developments in New York City. Legal professionals, especially those well-versed in state and local tax laws, must carefully analyse this new law called 485-x to fully comprehend its benefits and drawbacks for their real…
A notable insurance and construction law attorney has lodged a legal complaint against Fabiana Cohen & Hall LLP and its three lead partners. The lawsuit, filed on Tuesday in a New York federal court, sees the Black female litigator setting forth allegations of enduring a longstanding campaign of mistreatment spanning over ten years in her…
Quinn Emanuel Urquhart & Sullivan LLP has formally consolidated its presence in Saudi Arabia by obtaining a licence to practice law in the Kingdom. The firm plans to operate out of the capital, Riyadh, through a Saudi professional company arrangement, continuing its partnership with local firm Alrubayyi & Attorneys established in 2022. Details on this…
In a recent development, a Dallas County jury ruled against Walker Engineering, an Irving-based company. The firm has been found liable in the case related to the death of a worker on one of its job sites, leading to an award of $71.95 million to the deceased worker’s widow and four children. The victim, Hernan…
The prominent global law firm, Quinn Emanuel Urquhart & Sullivan LLP, has recently acquired a licence to practice law in Saudi Arabia. The firm plans to establish its operations in Riyadh by utilizing a Saudi professional company arrangement. This move comes following the firm’s association with Alrubayyi & Attorneys, a local legal entity, in 2022….
American citizens currently owe $1.77 trillion in student loan debt, 93% of which is owed to the federal government, according to Upsolve. This nonprofit firm, which assists low-income individuals in filing for bankruptcy free of charge, has been able to help more than 13,000 users eliminate over $750 million in loans through its debt relief…
The recent filing of a liquidation petition in Hong Kong by China Construction Bank (Asia) against real estate behemoth Shimao Group has been seen by some analysts as an indication that the property sector in China continues to struggle. However, for legal specialists in the fields of liquidation, restructuring, and insolvency, such events present new…
Pham Thai Hai, Assistant to the Chairman of Vietnam’s National Assembly, was recently arrested by the country’s Ministry of Public Security. The incident occurred in Hanoi, where he was detained on charges of “abusing positions and powers to influence others for personal gain.” This statement is according to Clause 4, Article 358 of Vietnam’s adjusted…
The past week in London has witnessed a string of significant legal developments, essential for the legal professionals to take note of. Among the most prominent incidents, UK holiday resort company Butlins has targeted Aviva, along with a group of insurersLaw360. Moreover, tech giants Meta and WhatsApp have been embroiled in a patent claim filed…
In a bid to expand its holdings, French multinational Schneider Electric SE is currently in discussions with Bentley Systems Inc. over a potentially significant business deal, in what could mark a major acquisition of an American company by a French entity. Though the exact details of the proposed agreement are yet to be disclosed, this…
The Biden administration on Friday finalized an unprecedented decision aimed at preventing oil development across a vast expanse of the US government’s petroleum reserve based in Alaska. This move, aside from preserving more than half of this colossal petroleum reserve, also sets the stage to deter any road construction deemed essential to kickstart a copper…
In an announcement on Tuesday, Norton Rose Fulbright named Patrick Harder as its US co-head of infrastructure, headquartered in Los Angeles. The seasoned legal practitioner would share this role with Doug Fried according to the official statement of the firm. Patrick Harder, known for his excellent advisory skills in both legal and business matters for…
The US Mine Safety and Health Administration released a new rule targeted at the reduction of miners’ exposure to toxic silica dust. Termed a health hazard that damages the lungs, silica, a common mineral, transforms into a threat when activities like grinding, sawing and drilling turn silica crystals into fine dust, which the miners inhale….
In a recent ruling, California property owner George Sheetz emerged victorious in a dispute regarding the constitutionality of a fee he was required to pay his local county to obtain a permit for building his home. The Supreme Court, in a unanimous decision written by Justice Amy Coney Barrett, upheld Sheetz’s position that conditions put…
Landowners across the United States are celebrating another win at the Supreme Court relating to the issue of permitting fees. A recent case arose from a situation in a California county where a landowner was obligated to pay more than $23,000 in fees with a goal to construct on his land. The Supreme Court, in…
According to a recent article by Conor Sen, the much-needed relief renters have been enjoying due to a surge in apartment constructions may be short-lived. This year, the rising tide of apartment availability led to stabilized or even decreased rental prices. However, there is indication of a looming crisis due to new challenges surfacing in…
The National Football League’s Chicago Bears are recruiting expertise in the form of Krista Whitaker and Andrea Zopp, bringing them into the team’s in-house legal department. This move comes as the team strives to finalize its multibillion-dollar plan for a new stadium. Whitaker has been named as the Executive Vice President of Legal and Business…
Lewis Roca, a prominent law firm, recently announced the addition of two steadfast partners to their litigation and construction teams. The new entrants, Daniel C. Wennogle and Nick R. Herrick, departed from Moye White and have now taken the strategic role of fostering growth and development in Lewis Roca’s Denver office. The news was announced…
Gordon Rees Scully Mansukhani (GRSM) has announced the recruitment of two notable partners to their construction practice group. The new partners, Stephen Murphy and Meredith Pitts, will be based respectively in St. Louis, Missouri and Tampa, Florida. The firm made this announcement on a recent Monday. Murphy is renowned for his expertise in professional liability…
On Friday, Colombia filed a declaration of intervention in South Africa’s genocide case against Israel at the International Court of Justice (ICJ). As a signatory that has ratified the Genocide Convention, Colombia argued in its declaration that it has a right and indeed an obligation to intervene in the case in order to contribute to…
An experienced attorney, known for advising tech giant Google and handling large-scale infrastructure work for a renowned California utility, has taken a fresh step in his career. With a rich background emphasizing on environment-friendly communities and design, the legal veteran has unveiled a boutique firm named Forrest Environmental Law. Bringing his expertise from past projects…
A recent series of court orders in Delaware has seen the major manufacturing corporation, Caterpillar Inc., reprimanded by a federal judge, with the majority of the deliberations favoring allegations made by a now extinct construction equipment supplier. These claims propose that Caterpillar Inc. coerced an online auctioneer into breaching a significant contract with a potential…
The Basel Committee on Banking Supervision’s revisions to the global regulatory capital framework have presented a unique opportunity for alternative lenders and fostered more innovative partnerships between private funds and banks. The Basel guides were created post the 2008 financial crisis to encourage liquidity during financial downturns, laying out how regulators worldwide should handle capital…
The recent events during the much-anticipated March Madness basketball event has spotlighted the issue of conflicts of interest and how even the perception of such biases can undermine the credibility of a leader. During the NCAA Women’s basketball first-round game between Chattanooga and N.C. State, one referee, Tommi Paris, was dismissed from her duties at…