The Employee Stock Ownership Plan (ESOP) Association recently criticised the Ninth Circuit for an opinion that allows the Labor Department to dodge attorneys’ fees, pointing out profound, persistent issues with how the government utilises litigation to regulate employee stock ownership plans. The association articulated its concerns via a newly submitted brief. The ESOP Association implored…
With cyber incidents occurring on a daily basis, the focus on cyber vigilance in both private and public sectors has never been more crucial. According to the Identity Theft Resource Center’s (ITRC) H1 2023 Data Breach Analysis, there was a 114% increase in reported data compromises from Q1 to Q2 2023, marking the highest number…
Gene-sequencing firm, Illumina, has confirmed plans to cease fighting in the courts to keep cancer-detection company Grail, which it had pledged to divest if unsuccessful in overturning U.S. or European antitrust suits challenging its acquisition. Following a U.S. appeals court ruling on Friday against the Federal Trade Commission’s (FTC) case, Illumina – though not claiming…
The face of legal news today presents a diverse range of developments. His honor, John Roberts, it seems, doesn’t require billionaire sort of handouts to affirm his status as the wealthiest justice serving on the bench. In other news, Texas Governor Greg Abbott is courting controversy with preparations to leverage taxpayer capital from the Lone…
Desirée Moore has taken a fresh leap in her career, joining Venable as a partner. Her area of focus will be the commercial litigation practice, based out of the firm’s office in Chicago. The move was formally announced by the firm on Monday. Moore has a track record of effectively representing a diverse range of…
Litigation against insulin manufacturers and companies that manage prescription drug benefits are emerging as a viable strategy for local governments seeking to modify the intricate rebate system. Lawyers and drug pricing analysts argue that this system contributes significantly to the high cost of insulin for patients. Attorneys general in Arizona and Utah lodged lawsuits last…
Lori Will, a relative newcomer to Delaware’s Court of Chancery, has been rapidly paving her way within the arena of high-profile corporate litigations. Within just two years of joining the court, which is distinguished for settling distinguished business disputes, she has been markedly influencing how judges maneuver through an expanding array of politically-driven corporate fallouts…
The $13.5 billion litigation finance industry attracts new competition from the insurance sector. The entry of insurers into this space provides law firms with alternative financial tools for legal actions, and they have been successfully drawing talent from traditional funding pillars. Insurance brokers such as Aon, CAC Specialty, and Willis Towers Watson Plc have moved…
In a significant development within the realm of litigation, all five general causation experts presented by plaintiffs’ attorneys in over 600 lawsuits have been dismissed. These lawsuits contend that the prenatal use of acetaminophen – a common pain reliever – leads to autism and Attention-Deficit/Hyperactivity Disorder (ADHD). This decision was handed down by U.S. District…
Noted American broadcaster and conspiracy theorist Alex Jones recently found his appeal against a contempt ruling dismissed, a development that has amplified concerns among legal circles regarding courtroom procedure as well as the broader implications for freedom of speech. The ongoing litigation revolves around inflammatory comments made by Jones that were deemed defamatory and unethical…
In recent litigation developments, a California federal judge has given a nod of approval to an attorney fee of $76.5 million concerning multidistrict litigation against Juul. The accusation brought against Juul involves the charge of marketing their nicotine products towards adolescents. The work of plaintiffs’ lawyers in the case was deemed as “superb” by the…
The Philadelphia-based legal firm Saltz, Mongeluzzi & Bedensky PC has been directed by a federal court to face a lawsuit from an ex-employee. The plaintiff, Desiree Purvenas-Hayes, alleges that her former employer disclosed her medical information without consent, breaching the confidentiality mandates of the Americans with Disabilities Act (ADA). The court deemed her claim of…
Danielle Gray, the Global Chief Legal Officer at Walgreens Boots Alliance, is set to leave the drugstore conglomerate to seek new opportunities, the company announced on December 15. Gray had taken the legal mantle at Walgreens in September 2021, after a distinguished stint as an advisor to President Barack Obama between 2011 to 2014. While…
Concerns have been raised by U.S. District Judge William Orrick regarding the apparent lack of diversity among the plaintiffs’ firms involved in the Juul Labs Inc. settlements, despite his allowance for up to $150 million in attorney fees to proceed. During a hearing, the Judge, based in the Northern District of California, underscored his disappointment…
Black Diamond Capital Management LLC, the private investment firm founded by billionaire Stephen Deckoff, has recently made significant changes to its executive team. According to a recent announcement, Matthew Kane has been appointed as the firm’s new General Counsel and Chief Compliance Officer. This development has been confirmed by Major, Lindsey & Africa, the global…
An unprecedented ruling from a Michigan appellate court has alarmed legal professionals in the state. The decision establishes that an attorney who takes over a case after misconduct has occurred may be held financially accountable for sanctions related to his predecessor’s misbehavior. This decision could jeopardize the current legal practice and possibly spur intricate litigation…
Debate tends to flare when the worlds of social media influencers and litigation overlap. Recently, a high-profile conflict underscored the often-tense relationship between these two spheres. A Florida federal court rejected a request from a well-known social media influencer. This request was made to counter a defamation accusation from a former partner of Greenberg Traurig,…
Insurance subsidiaries of Chubb Ltd. are obliged to provide coverage to the Archdiocese of New York in connection with a significant volume of lawsuits under the Child Victims Act, according to a recent court ruling. An estimated 2,770 such lawsuits have been filed against the church and other related entities, prompting the Chubb-associated companies to…
In today’s digital age, the proper preservation of electronically stored information (ESI) has become a critical task in the legal world, affecting lawyers and clients alike. But does your law practice have comprehensive procedures in place to ensure the due preservation of your client’s ESI? If not, it might be time to take a hard…
In a quest to extend the crackdown on illegal mergers and acquisitions, the Biden administration’s antitrust agencies have rolled out a thorough revamp of rules that the government uses to determine whether deals go against competition law. This enforcement is part of broader efforts to curtail anticompetitive practices. The Justice Department and Federal Trade Commission…
Renowned attorney Melissa A. Rodriguez is now a member of Day Pitney as a trusts and estates partner in their private client department, based in Miami. Rodriguez has built a career around advising clients on ultra-high-net-worth planning, specialising in estate planning, trust and estate administration, along with related litigation. Her wealth of knowledge in estate…
This week has demonstrated a notable shift in the legal ecosystem. The Law.com Barometer newsletter highlights key events including personnel changes and significant announcements across several law firms. The New Jersey Law Journal announced that Scura Wigfield Heyer Stevens & Cammarota, LLP featured in a major announcement dated April 12, 2023, providing more insight for…
In a verdict that carries considerable implications for judiciary integrity and personal relationships among legal professionals, Houston bankruptcy judge Marvin Isgur has been permitted to oversee a pivotal corporate Chapter 11 case, which was initially assigned to Judge David Jones, a close friend and colleague who recently resigned. As reported by Bloomberg Law, this decision…
In a recent development, a unit of American International Group Inc. emerged victorious in a legal tussle against Verizon Communications Inc. This high-stakes dispute revolved around the issue of securities claims insurance coverage. The legal triumph comes as Delaware’s high court absolved AIG from covering Verizon’s approximate $95 million settlement with the bankruptcy trustee of…
Retail conglomerates, Walmart Inc. and the Walgreens Boots Alliance Inc. are making significant changes to their in-house legal teams as they head into the new year. Walmart recently hired Elisebeth “Beth” Collins, an ex-lawyer for Boeing Co. and Caterpillar Inc., who recently held the role of general counsel for World Wrestling Entertainment Inc. This appointment…