In an interesting development, a Maryland federal judge has offered to disqualify herself from overseeing an antitrust lawsuit in which poultry processors are alleged to have conspired to suppress wages. This move came shortly after Cargill Meat Solutions retained the services of an attorney from WilmerHale – a law firm where the judge’s husband was…
This week, New Jersey law firm Castronovo & McKinney LLC have made a decision to withdraw as counsel for a former executive of McElroy Deutsch Mulvaney & Carpenter LLP. This move comes in response to an ongoing marital discrimination lawsuit against the firm. The key issue at centerstage here is a claim of a “broken…
In a recent update in the financial world, two former investment advisers associated with an affiliate of Key Bank have vehemently denied allegations levied against them. They are being accused of stealing trade secrets and clients, a complaint they have contested robustly. Read the full article here. The advisers have reportedly argued that these claims…
In a major development for the Federal Circuit, a committee has recently recommended a one-year suspension for Judge Pauline Newman following an examination into her fitness to serve. As reported by Law360, the committee submitted its decisive report last Friday after a considerable probe into Judge Newman’s conduct and suitability for the bench. Though specifics…
The ongoing legal case against Donald Trump is continuing to unfold with meticulous detail being brought forth about the former president’s endeavors in the aftermath of the 2020 election. As stated by the latest indictment, the issues flagged highlight a wide spectrum involving spreading misinformation and exerting substantial pressure on state and federal officials, leading…
In 2022, Kentucky introduced the Student Education Loan Servicing, Licensing, and Protection Act (the “Act”), obligating student loan servicers to obtain licensure within the state. As implemented on July 13, 2023, the Act aims to provide critical protections and state-level oversight for student loan holders. The application process for a Kentucky student loan servicer license…
This week has seen noteworthy developments in the world of government contracting and commercial businesses, especially for legal professionals who closely watch policy changes and updates. A highlight of the week involves an on-going legislative effort that would significantly update the current Federal Acquisition Regulation (FAR). This initiative is spearheaded by the Department of Defense,…
For legal professionals serving corporations or working in law firms, understanding the intricacies of estate planning proves essential in a commercially driven milieu. A critical area to review regularly involves those estate plans created under different laws and circumstances. Professionals help clients anticipate future contingencies but the question arises as to how frequently these plans…
The field of corporate and cyber law is continuously evolving, and it has become increasingly crucial for legal professionals to familiarize themselves with risk and process management frameworks. In a recent webinar titled “Risk and Process Management Framework: Lessons Learned in Getting Started”, hosted by NAVEX and featuring Forrester’s Cody Scott, pertinent insights were offered…
Recent comments from Justice Samuel Alito have ignited debate over the perception of Supreme Court justices as being above the law. Alito’s views have drawn criticism, with Justice Elena Kagan emerging as a counter-voice of reason amidst the controversy. Drawing attention to the ethical standards of the Court, Kagan represents a growing sentiment that the…
In response to the profound changes of today’s economy, the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) have jointly issued new draft guidelines regarding mergers on July 19. This move signals the ongoing evolution of these two influential agencies and their increasing focus on the dynamics of the modern market. JDSupra…
A refusal by a Pennsylvania federal court to diminish claims from a lawsuit against Takeda Pharmaceuticals and a number of generic-drug makers denotes an escalating issue concerning alleged anti-competitive behavior. These pharmaceutical companies have been accused of striking up exclusivity contracts aiming to delay competition for Takeda’s anti-gout drug, Colcrys. As a result, this controversial…
In recent years, the call for diverse representation in all sectors has gained significant traction. One such sector is legal professions, where clients are progressively seeking information regarding the culture of diversity at law firms. Certainly, it is increasingly evident that diversity information plays a vital part in earning business from clients. According to Lloyd…
In a move that is vital for legal professionals working in large corporations and law firms, particularly those concentrating in environmental and property law, the U.S. Supreme Court released an order that directly impacts the construction of energy pipelines across the country. The order, issued on July 27, nullified the U.S. Court of Appeals for…
Legal professionals should take note of the rising trend in the secondary’s market where loan participations have garnered substantial interest among clientele. A recent article published on JD Supra titled ‘Game On August 2023 – Participation Trophies: Documenting and Negotiating Loan Participations’ offers an insight into this growing development. This trend particularly stands out for…
In a recent development, the U.S. Geological Survey has raised alarms over the quality and sustainability of tap water in the United States. This study mentions that up to 45 percent of the water supply could possibly be contaminated with Per- and polyfluoroalkyl substances, also known as PFAS. Motivations behind the research include rising domestic…
In the present tough economic climate, many suppliers are experiencing stress that could potentially affect their performance and consequently, put their clients’ businesses at risk. These are among the topics covered in a recent video series titled “What to Do if Your Suppliers Are in Distress,” produced by the law firm Williams Mullen. The first…
Law firms Dentons and Venable LLP are boosting investments in intellectual property expertise, each expanding their respective practices on different coasts of the United States. The legal landscape consistently shows an increased demand for specialized counsel as businesses across industries grapple with protecting their intellectual property amidst rapidly evolving technology and regulations. As reported by…
Former U.S. President Donald Trump is set to encounter a turbulent legal and election timetable in the upcoming year, according to a recent report by Law360. The ex-president, currently engaged in a political campaign for a second term, additionally confronts an uncertain legal future due to multiple court proceedings. Six separate civil and criminal trials…
Respected law firms Labaton Sucharow LLP, Quinn Emanuel Urquhart & Sullivan LLP, Andrews & Springer LLC, Robbins Geller Rudman & Dowd LLP and Friedman Oster & Tejtel PLLC are being celebrated in this week’s edition of Law360’s Legal Lions. Their accolade comes following their substantial achievement in securing a $266.7 million fee award in the…
A recent decision by the National Labor Relations Board (NLRB) could have significant implications for employers and their HR policies, even in non-unionized workplaces. In a case decided on August 2, 2023, known as Stericycle, Inc., the NLRB has potentially changed the landscape of employment law by reversing a previous 2017 decision regarding the analysis…
The Federal Communications Commission (FCC) recently took a significant step in its ongoing efforts to enforce proper consumer data security in the telecommunications industry. The agency announced a proposed fine of $20 million targeting two affiliated mobile carrier companies for their alleged violations of FCC rules. The FCC says the companies in question failed to…
On July 31, 2023, in a noteworthy development in the banking sector and financial institutions, the United States Securities and Exchange Commission (“SEC”) circulated an alert detailing deficiencies in broker-dealers’ (“BD”) implementation of their Anti-Money Laundering (“AML”) and Countering Financing of Terrorism (“CFT”) controls. The directives were brought to light by the Department of Examinations….
Bill C-47, a legislation reform with profound impact on pension plans, recently received royal assent on June 22, 2023. This marks a significant occurrence wherein numerous amendments to the Income Tax Act (Canada) (ITA) and its regulations (ITA Regulations) are now implemented as part and parcel of the 2023 Federal Budget. Specifically of note for…
Although diversity, equity, and inclusion (DEI) efforts are being promoted across law firms and corporate legal departments, these initiatives appear to not be as effective as hoped for many Black women attorneys. An alarming proportion of these professionals have encountered or observed instances of discrimination or bias in their workplaces, as revealed by a recent…