http://www.law360.com/ Latest articles for organization: O'Melveny & Myers Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/130161 Business leaders are hoping the U.S. Supreme Court will grant companies a measure of control in diversity jurisdiction cases by letting them emphasize the location of their corporate headquarters in tests to determine their “principal place of business.” That seemingly simple phrase is at the core of Hertz Corp. v. Friend. http://www.law360.com/articles/130161 http://www.law360.com/articles/132913 A judge has rejected a request by manufacturers including Honeywell International Inc., Wix Filtration Corp. and United Components Inc. to dismiss consolidated suits alleging price-fixing in the market for automotive filters under heightened pleading standards, saying the plaintiffs’ claims, which are based on eyewitness accounts, are more than sufficient to proceed in court. http://www.law360.com/articles/132913 http://www.law360.com/articles/132674 The Mittal family of ArcelorMittal fame signed a deal Thursday to purchase insolvent German fashion house Escada AG. http://www.law360.com/articles/132674 http://www.law360.com/articles/132027 Fannie Mae benefit plan committee members have asked a federal judge to dismiss a consolidated proposed class action alleging they violated the Employee Retirement Income Security Act by investing in Fannie Mae stock, saying the plan did not give them discretion to alter investments. http://www.law360.com/articles/132027 http://www.law360.com/articles/132093 Participants in Bank of America Corp.'s two employee savings plans have lost a bid to appeal the dismissal of claims in their putative class action that accuses plan administrators of breaching their fiduciary duties by heavily investing in mutual funds offered or managed by the bank's own subsidiaries and affiliates. http://www.law360.com/articles/132093 http://www.law360.com/articles/132075 A federal judge has denied a request to dismiss a proposed securities class action accusing mortgage insurer PMI Group Inc. and its leaders of misleading investors about losses in the housing market downturn. http://www.law360.com/articles/132075 http://www.law360.com/articles/131771 Plaintiffs from Vermont, Connecticut and Colorado have asked the court overseeing multidistrict litigation accusing FedEx Ground Package System Inc. of misclassifying drivers as independent contractors to amend an order rejecting certification and certify classes under each state's respective laws. http://www.law360.com/articles/131771 http://www.law360.com/articles/131677 A bankruptcy judge has approved Philadelphia Newspapers LLC's disclosure statement, but the news chain — which owns the Philadelphia Inquirer, the Philadelphia Daily News and the Philly.com Web site — still faces a crucial appeal over whether bank creditors can bid for its assets based on credit they've already extended. http://www.law360.com/articles/131677 http://www.law360.com/articles/131106 A federal appeals court has reinstated a class action accusing Matrixx Initiatives Inc. of concealing from investors hundreds of consumer reports claiming cold medication Zicam caused users to lose their sense of smell. http://www.law360.com/articles/131106 http://www.law360.com/articles/118394 Though options are improving, many companies still need considerable help in navigating solutions to cash shortages and impending loan maturities — and attorneys must act quickly if a company is to avert insolvency, according to experts. http://www.law360.com/articles/118394 http://www.law360.com/articles/123725 This term, the U.S. Supreme Court is taking on a host of major criminal cases, including litigation that focuses on the scope of a statute that has been instrumental for the government in bringing corporate fraud and public corruption suits and another case that questions whether individuals considered to be sexually dangerous can be detained after serving their prison sentences. http://www.law360.com/articles/123725 http://www.law360.com/articles/130334 O’Melveny & Myers LLP has snagged litigator Marc Ackerman from White & Case LLP for its intellectual property and technology practice as part of an effort to beef up the firm’s East Coast IP capabilities. http://www.law360.com/articles/130334 http://www.law360.com/articles/130080 Plaintiffs in multidistrict price-fixing litigation against Korean Air Lines Co. Ltd. have asked a judge to force the air carrier to turn over documents it has so far refused to produce after at least 10 months of discovery. http://www.law360.com/articles/130080 http://www.law360.com/articles/129420 Corinthian Colleges Inc. announced Tuesday that it has acquired Heald Capital LLC, the parent company of for-profit junior college chain Heald College, for $395 million, adding 11 campuses to its network of more than 100 locations throughout the United States and Canada. http://www.law360.com/articles/129420 http://www.law360.com/articles/123967 Complexity in a cross-border deal doesn’t always mean new and different structures getting thrown in. With extra tax and stock implications to consider, multiple antitrust regimes to power through, and varying labor laws and union strength, deal makers have to prepare to take the usual concerns and multiply them. http://www.law360.com/articles/123967 http://www.law360.com/articles/129169 Fujitsu Ltd., LG Electronics and U.S. Philips Corp. are appealing a September federal court ruling that over 200 Netgear Inc. products did not infringe three of the companies' Wi-Fi transmission technology patents. http://www.law360.com/articles/129169 http://www.law360.com/articles/129020 Viacom International Inc., Wal-Mart Stores Inc. and a number of other companies have asked a judge to lift a stay on Gibson Guitar Corp.'s patent enforcement action over the “Rock Band” and “Guitar Hero” series of video games so that they may seek a summary judgment of noninfringement. http://www.law360.com/articles/129020 http://www.law360.com/articles/126516 Increased enforcement from the U.S. Food and Drug Administration, coupled with recent rulings that may pierce holes in food companies’ preemption defenses, is likely to lead to an uptick in the number of consumer lawsuits filed over deceptive health and nutrition claims on foods and beverages. http://www.law360.com/articles/126516 http://www.law360.com/articles/128820 A federal judge has dismissed a public nuisance lawsuit brought by the tiny Alaskan village of Kivalina against 24 energy and utility giants, breaking from a federal appeals court's take on whether companies can be held liable for historic greenhouse gas emissions that contribute to global warming. http://www.law360.com/articles/128820 http://www.law360.com/articles/128747 In a consolidated challenge of anti-dumping duties on steel pipes from Thailand, the U.S. Court of International Trade has rejected domestic steel pipe producers' objections to the way that export price increases were calculated and told regulators to revise the hike to reflect actual duty drawback costs. http://www.law360.com/articles/128747