In current times of rising interest rates and inflation, some buyers of condominiums offered in the pre-sale (or pre-construction) phase are experiencing potential buyer’s remorse as the closing date for their apartment purchase approaches. More often than not, they have signed a purchase agreement years in advance while the economic situation was different. According to…
In the complex landscape of corporate real estate transactions, a common question of importance pertains to when it is appropriate to file a quiet title lawsuit. As many legal professionals in the field are aware, a quiet title lawsuit is a potentially invaluable tool for protecting and defining title rights in real estate. However, its…
In a climate of continued growth, Kirkland & Ellis has announced its largest-ever partner class. Not only does the firm offer a distinct combination of prestige, profitability, and pay, but it has made a notable impact in the market regarding its partner count. The Chicago-based firm has just announced its most recent partner class, which…
In a recent case, Clear Blue Specialty Insurance Co. v. TFS NY Inc., the U.S. District Court for the Eastern District of New York reaffirmed the strength of policy exclusions in commercial general liability (CGL) policies. The court ruled in favor of Clear Blue Specialty Insurance, concluding that they did not have a duty to…
Welcome back to another edition of our roundup, where we review some of the most notable Class Action & MDL cases from Q2 2023. In this period, the legal landscape has seen varied and intriguing developments, from essential oils needing therapy to a confounding library that seems to stagnate, not to mention a particularly ambiguous…
Continuing its global expansion amid turbulent economic times, litigating behemoth Quinn Emanuel Urquhart & Sullivan declared its intentions of formally entering the Southeast Asian Market. The firm plans to apply for a Foreign Law Practice licence to launch an office in Singapore, having previously established new offices in Beijing and the UAE within the past…
There was a time when every federal judge was hailed as a superstar, an embodiment of legal excellence, a beacon of the justice system. This eminent stature of federal judges seems to have lost a bit of its shine in past years due to controversial appointments ranging from dubious qualifications to inexperienced appointees. Loons, unseasoned…
For legal professionals actively tracking consumer litigation, August reflected a significant spike in filings. Recentally, WebRecon published a report detailing an upward trend in court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), and Telephone Consumer Protection Act (TCPA). WebRecon’s findings disclosed that the quantity of complaints filed with…
On August 22, 2023, the Federal Circuit issued a nonprecedential decision, a hallmark case between Sun Pharmaceuticals Industries, Inc. and Incyte Corp., that has stirred conversation amongst legal professionals in the pharmaceutical industry. The court held that claims directed to deuterated analogs of ruxolitinib, a powerful treatment option for diseases like myelofibrosis, were unpatentable as…
In a move that continues to illustrate the dynamic nature of employment law, the New York Paid Family Leave (“Paid Family Leave”) program is set to experience further changes. Autumn ushers in more than a change in weather for employers with New York-based employees; it ensures that they must keep abreast of continual evolutions in…
Just when you thought the debate surrounding a possible Trump vs. Biden election was robust enough, Mark Herrmann provides an insightful and equally provocative take in a recent piece on the widely-read legal blog, Above the Law. Within the piece, Herrmann delves into the conventional wisdom of this hypothetical election scenario. One side of the…
The rates for outside legal counsel continue to rise, according to the recently published CounselLink 2023 Trends Report Mid-Year Special Edition. Specifically, statistics reveal that in 2022, the average partner billing rate increased by 4.5%, marking the most significant increment in the report’s decade-long history. This upward trend does not appear to be slowing with…
Legal professionals, especially those practicing in pharmaceutical patent litigation, will be heading to Chicago on October 24th and 25th for the 9th Annual Paragraph IV Disputes Master Symposium. This symposium gathers experts in trademark and patent law for brand-name and generic drug companies. It provides an opportunity for legal professionals to receive real-time updates on…
Allen & Overy has fortified its dispute resolution practice with a new addition to its Warsaw team. Adam Kowalczyk, a litigation partner from Bird & Bird, is set to bring his expertise in general commercial litigation, white collar crime, and investigations to the firm. Adam Kowalczyk has been a partner at Bird & Bird since…
In a recent development, the U.S. Court of Appeals for the Federal Circuit has upheld the $2.7 million attorneys’ fee award in favor of Domino’s Pizza. The decision supported a 2021 ruling by Judge Sabraw of the U.S. District Court for the Southern District of California. The case in question involves a menu patent suit…
Telehealth providers in Florida that offer weight-loss programs must be increasingly conscious of the potential impact of state laws and regulations. This is particularly important in light of Florida’s consumer protection laws relating to weight-loss programs. In the recent surge of telehealth services, numerous providers are beginning to offer weight-loss programs. The intersection of these…
The U.S. Supreme Court is back in session after their summer recess. Developments have begun to unfold with numerous cases being put forward in the first week of proceedings. More on this can be found on Reuters. Simultaneously, a much-anticipated legal event, the Trump NY trial, has started. For readers interested in the unfolding of…
Quinn Emanuel Urquhart & Sullivan, noted trial firm, is expanding its international operations against the backdrop of an economic downturn. The firm has recently established offices in locations including Beijing and the UAE. The firm is now also eyeing entry into the Southeast Asian market with a proposed Singapore entity. The firm announced its intent…
Charlie Lightfoot, former international arbitration practice chair and London head at Jenner & Block, has now joined Cooley’s London office. An addition that significantly strengthens Cooley’s arbitration capabilities. Prior to Cooley, Lightfoot spent eight years at Jenner & Block, initially recruited by the U.S. litigation firm in 2015 to start and lead the new London…
The 2023 Law360 MVP awards have recognized 171 attorneys across 76 firms, acknowledging their outstanding legal achievements over the past year. These professionals have distinguished themselves from their peers by achieving hard-earned successes in a range of cases involving high-stakes litigation, complex global matters, and record-breaking deals. The individual achievements of these attorneys highlight their…
The unresolved issue of the 40 vacant judgeships in Massachusetts state courts continues to be a cause for concern among attorneys in the region. These lingering vacancies pose significant problems such as litigation delays, resulting in rising tension particularly in time-sensitive matters. Notably, this issue has been felt most acutely in criminal cases, product liability…
In a significant development in pharmaceutical patent litigation, the case of Astellas Pharma Inc. v. Sandoz Inc., Civ. No. 20-1589, has been making waves across the legal landscape. The argument revolves around the drug Myrbetriq® (mirabegron) and U.S. Patent No. 10,842,780 (the ’780 patent). The proceedings were held in the Delaware District Court, on June…
On September 1, 2023, the Managed Funds Association along with a consortium of private equity and hedge fund trade groups filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), contending that the Commission had exceeded its given statutory authority by implementing new advisement rules specially for private funds. This litigation was lodged at…
Boies Schiller Flexner LLP has boosted its litigation capacity with a recent hiring announcement. The law firm revealed the addition of a renowned former judge from the Southern District of New York to its ranks, strengthening their position in the legal landscape. The newly joined professional, revered for their resilient legal acumen, had been serving…
Liberty Global Inc. (“LGI”) and the Department of Justice (DOJ) are currently locked in a vigorous legal battle, focusing primarily on the interpretation of the economic substance and step transaction doctrines. The crux of the issue lies in a transaction, LGI claimed a dividends received deduction for $2.4 billion relating to the proceeds from the…