Hogan Lovells and Wachtell, Lipton, Rosen & Katz are positioned against each other in the dispute over the ownership of the Minnesota Timberwolves basketball team, a reflection of their growing reputation in sporting deals. This year, these law firms contributed to the successful conclusion of two significant sports deals. William Savitt, a seasoned litigator and…
The US Environmental Protection Agency (EPA) has issued its first-ever national, legally enforceable drinking water standards for per- and polyfluoroalkyl substances (PFAS); chemicals notorious for their persistence in the environment.Bloomberg Law reports that these stringent regulations significantly impact businesses, particularly those in states where more relaxed PFAS standards previously applied. The EPA has established maximum…
A small company specializing in repairing McFlurry ice cream machines, Kytch Inc., is disputing a claim by its former law firm, Clare Locke, over a fee request of at least $7 million. The dispute has its roots in a case where Kytch is suing McDonald’s Corp for false advertising and trade libel. Earlier this week,…
Five Israeli military units stand accused of committing gross human rights violations, claimed the US State Department. Despite these findings, all flagged units currently remain eligible to receive US military aid. The US and Israel jointly claim that four units have effectively remediated violations, but discussions continue about the remaining Israel Defense Forces (IDF) unit….
Mabry & McClelland, a litigation law firm based in Atlanta that has spent six decades defending corporations in high-profile personal injury lawsuits, has closed. The dissolution of the firm has been followed by the dispersion of its key partners to different law avenues and larger firms. This development came earlier this month when the leading…
Looking to the future of technology disputes, JAMS, the world’s largest private provider of mediation and arbitration services, has released new rules for resolving artificial intelligence (AI) disputes. These regulations come with the rising prominence of artificial intelligence in various industries and the inevitable legal questions that will arise in its use. The rules don’t…
The Internal Revenue Service Independent Office of Appeals’ revived emphasis on alternative dispute resolution (ADR), a move received warmly by taxpayers, theoretically offers more opportunities to resolve tax disputes without the need for litigation. Announced in late March by the newly appointed acting office chief, Elizabeth Askey, several ADR pilot programs are expected to launch…
In a recent ruling, a US Bankruptcy Court judge determined that law firms who previously represented a now-defunct talc supplier, affiliated with Berkshire Hathaway Inc., can address their stakeholder interests via mediation. The formation of an official creditors’ committee, the firms argued for, was denied. Fox Rothschild LLP, among other law firms and advisers previously…
Clients often trust that capable lawyers will have the most significant impact on a court, especially through presenting persuasive arguments that advocate for their position. This theory stands true when a court has sufficient time to thoroughly examine all evidence and ponder over every argument made. Consequentially, the party that puts forth the most convincing…
A year ago, the Boeing compensation committee justified Chief Legal Officer Brett Gerry’s substantial $6.2 million remuneration in 2022, citing his exceptional performance. However, his grip on his current position seems increasingly uncertain, as the context around Boeing’s governance and legal woes continue to evolve. Corporate legal professionals, particularly those handling complex compliance challenges and…
Renowned legal journalist Amanda Bronstad recently reported on a distinctive hearing regarding talc lawsuits that sparked a number of concerns. This piece, featured on Law.com, provides an analytical perspective on the proceedings and the implications it may have on pending and future asbestos-related lawsuits. The hearing in mention revolved around dead plaintiffs and the impact…
In the often Byzantine world of corporate mergers and acquisitions, ensuring compliance with the Department of Justice’s (DOJ) newly established safe harbor policy is of paramount importance for legal professionals. Notably, a recent development surrounding Lifecore Biomedical, Inc. is offering insights into the DOJ’s stance on the same. In November last year, the DOJ declined…
In a rather substantial development, Trowers & Hamlins, the well-known international law firm, is expanding its real estate presence in the United Arab Emirates. Complementing these strategic moves in the region, Al Tamimi & Co, the largest law firm in the Middle East, has appointed a new head for its banking practice in Egypt. To…
The continuing evolution of legal relationships is keenly examined in a recent article published by the New Jersey Law Journal. The complex links between law firms, lawyers, and the mandates they handle are explored through a visualisation in an infographic which reveals those firms and practitioners who frequently designate mandates on private equity transactions in…
Recent developments on a historic nomination to the Federal Appellate Bench underline an atmosphere of uncertainty as it faces significant resistance. The nominee in question is now subject to intense scrutiny and critique as part of the confirmation process. Despite the mounting pressure, the nominee’s integrity and dedication to public service have been lauded —…
In a recent ruling, the U.S. Supreme Court allowed Texas to temporarily enforce its aggressive immigration law. This decision implies that Texas holds the right to immediately impose criminal liability on thousands of noncitizens and demand their removal to Mexico. The ruling drew dissent from Justice Sonia Sotomayor and Justice Ketanji Brown Jackson, who expressed…
In a noteworthy move for diversity and representation in the U.S. judiciary, the Senate confirmed the appointment of lawyer Nicole Berner to the 4th Circuit. Berner’s confirmation is a significant achievement for the LGBTQ+ community as she becomes the first openly LGBTQ+ judge on this court. Nicole Berner comes with an elaborate portfolio in labor…
Democratic Senator Catherine Cortez Masto has declared her opposition to the 3rd Circuit Court nominee Adeel Mangi, according to the New Jersey Law Journal. Her disapproval aligns with a growing chorus of Republicans who have expressed their intention to vote against Mangi’s confirmation. Only a brief description of the situation is currently accessible due to…
A significant settlement of $32 million has been agreed over an infant’s hypoxic brain injury. The lawsuit was filed by the child’s parents against Hahnemann University Hospital. The parents claimed that the hospital was delayed in performing a cesarean section despite clear signs that the child was in distress. This alleged delay ultimately resulted in…
In an interesting development within the legal spectrum, an attorney has teamed up with their former client, a victim of a high-profile revenge porn incident, to establish a completely new law firm. This attorney-client duo is now directing their shared experience towards serving the legal system and its clients in new and potentially transformative ways….
Top law firm Lowenstein Sandler experienced considerable drops in revenue growth following a prosperous 2022, which had been significantly bolstered by contingency fees. Despite the decline in absolute numbers, core business metrics are upbeat after adjusting for the absence of contingency fees, attributed to the firm’s overall growth and resilience. This was attested to by…
As part of Womble Bond Dickinson’s continued growth strategy, U.S. CEO Betty Temple plays an integral role in the vetting and integration of lateral candidates within the firm. This was discussed in depth in a recent Legal Speak episode. An emphasis was placed on the importance of effective onboarding processes for lateral hires, to ensure…
In a notable turn of events that marks the culmination of almost a decade of litigation, King & Spalding secured an impactful $900M judgment in favor of their unsecured creditor clients. This result emphasizes the firm’s strategic prowess in navigating complex multi-jurisdictional disputes. This tremendous victory became possible under the expert guidance of Judge Joseph…
Allen & Overy, a renowned global law firm, recently opened a new office in Riyadh, underscoring Saudi Arabia’s burgeoning significance among international entities. This move reflects the rising tide of international firms that have made Riyadh their regional hub in the Middle East. Regrettably, our access to learn more about this news development is restricted…
Arnold & Porter has expanded its environmental team by onboarding Jeffrey Talbert, a former trial attorney at the US Department of Justice (DOJ), as a partner. Talbert will be based in the Newark, New Jersey, and Boston offices, according to a recent firm announcement. With robust experience in the environmental enforcement sector of the environment…