The New Jersey Legislature on Thursday advanced legislation to allow municipalities to sell distressed water supply and wastewater treatment facilities to private entities without voter approval, a bill critics say would lead to higher costs for water of lower quality.
The New Jersey General Assembly on Thursday approved a resolution to lobby the federal government for a grant to assist former Atlantic City casino workers displaced by the closure of casinos, money that would be used to offer workforce education and training.
Unilever, the maker of Best Foods and Hellmann’s mayonnaise, dropped its false advertising suit on Thursday against startup Hampton Creek Inc. over its vegan spread “Just Mayo,” the same day the plant-based mayo substitute maker announced it raised $90 million in venture funding.
The Third Circuit on Thursday affirmed the conviction and life sentence of a former New Jersey criminal defense attorney convicted of using his law practice as a racketeering enterprise through which he plotted murder and facilitated drug trafficking and prostitution.
A former owner of a New Jersey construction company once accused of funneling about $350,000 in bribes and kickbacks to a port terminal operator and a state official in exchange for lucrative contracts was sentenced on Thursday to three years' probation.
Trump Entertainment Resorts Inc. senior creditor Carl Icahn said Thursday that he would put in $20 million of additional financing to keep the company’s only remaining casino operating, the same day the union representing Taj Mahal workers claimed he backed out of a more comprehensive deal to save it from closing.
The general counsel for Fishermen's Energy LLC, which is challenging the rejection of its application for New Jersey's first offshore wind farm, expressed optimism Thursday that it will be able to show that the denial was unreasonable and ran afoul of state law.
New Jersey-based Merck & Co. Inc. has scooped a research company developing a drug to treat blood-based cancers for a potential sale price of $375 million, according to a statement released Thursday.
The Supreme Court of New Jersey on Thursday issued a 30-month suspension to a former attorney of Pennsylvania firm Bochetto & Lentz who was dismissed for theft, choosing to impose the same discipline as Pennsylvania rather than disbarring him.
A Third Circuit panel on Wednesday freed frozen vegetable company Unilink LLC officers from liability to supplier Food Team International Ltd. after Unilink canceled a broccoli contract, but the court said the company and its attorney could potentially be sanctioned for failing to disclose its insurance policy.
The Third Circuit on Wednesday affirmed a preliminary injunction issued to steam iron manufacturer Groupe SEB USA in a suit over a competitor’s advertising claims, finding that Euro-Pro’s packaging unambiguously and falsely told consumers that its Shark steam irons had more powerful steam than SEB’s Rowenta irons.
A New Jersey federal judge on Tuesday invalidated a patent related to Auxilium Pharmaceuticals Inc.'s Testim testosterone gel for men, saying that the patent fails for obviousness, derivation and improper inventorship, following a bench trial over Watson Laboratories Inc.'s attempt to create a generic version.
A new plan announced on Wednesday by New Jersey Assemblyman Chris Brown, R-Atlantic, to freeze Atlantic City taxes on all taxable property for five years would eliminate a recently proposed plan by Senate President Stephen M. Sweeney, D-Gloucester, to help the city’s eight casinos.
A New Jersey federal judge partially upheld subpoenas issued by CareOne Management LLC seeking information from two New York University law students in the company's racketeering suit against unions affiliated with its workforce, but denied a bid for sanctions in the acrimonious litigation.
A New Jersey federal judge Tuesday dismissed some claims in a putative class action accusing Bank of America NA of depriving information technology workers of payable hourly wages for overtime for the past six years, but said plaintiffs had standing to file suit for Fair Labor Standard Act violations.
Whole Foods Inc., Wegmans Food Markets Inc. and Acme Markets Inc. were slapped Tuesday with separate class actions in New Jersey that allege the three supermarket chains violate the state's consumer fraud law by falsely marketing their breads as freshly made and made in-store.
The Third Circuit on Tuesday ruled that the Internal Revenue Service could require three stockholding companies to pay the full tax burden for a tech company transaction despite transfers of interest to offshore entities, rejecting an argument that the district court had wrongly admitted evidence protected by attorney-client privilege.
A New Jersey federal judge on Tuesday let Nissan North America Inc. off the hook for claims brought by one of the lead plaintiffs in a putative class action accusing the automaker of concealing defective transmissions, saying “no reasonable juror” would find the plaintiff experienced issues during the warranty period.
A former mortgage bond trader was sentenced in New Jersey federal court Tuesday to two-and-a-half years in prison for a price-manipulation scheme that saddled a Bank of New York Mellon unit with more than $9 million in losses.
The New Jersey Supreme Court said Tuesday they won't second-guess the revival of a businessman's malpractice suit claiming Fox Rothschild LLP cost him additional compensation when Marsh & McLennan Agency LLC bought his employer, which had previously acquired his insurance brokerage business.
As long as consumers are reasonably diligent in monitoring for fraud, the Electronic Funds Transfer Act will provide them pretty robust protections. From that perspective, it’s easy to cast the law as pro-consumer and anti-business. But that assessment couldn’t be further from accurate. The value of the law isn’t in its parsing of liability — it’s in its ability to boost consumer confidence, says William Pinilis, a partner with Pin... (continued)
Whether plaintiffs have alleged more than parallel conduct or the possibility of a conspiracy is a fact-specific question, but it does appear that in 2014 plaintiffs have had somewhat more success in getting the judge to budge on the nudge from possible to plausible in Twombly motions, say Robert Connolly and Joan Marshall, partners with GeyerGorey LLP and former U.S. Department of Justice Antitrust Division prosecutors.
Despite the relative paucity of mega cases, 2014 was not a year to forget. With every passing month, new and interesting special situations arose. In case you missed them, here’s a look back at the bankruptcy and restructuring highlights of the year, as well as a look ahead to 2015, say David Griffiths and Doron Kenter of Weil Gotshal & Manges LLP.
In 2014, states, cities, counties and other localities have been busy picking up Congress' slack on employment law by introducing bills and enacting laws on issues such as ban the box, sick leave and pregnancy accommodation, say Susan Gross Sholinsky and Nancy Gunzenhauser of Epstein Becker & Green PC.
A New Jersey bankruptcy court recently held that a mortgagee and mortgage servicer were time-barred under New Jersey state law from enforcing either the note or the accelerated mortgage against the debtor. This decision is particularly relevant considering that New Jersey’s foreclosure practice has undergone recent developments that have contributed to significant delays in foreclosure filings, say Daniel Cozzi and Donna Bates of Blank Rome LLP.
A New Jersey Superior Court ruling in DiSpenziere v. Kushner Cos., where a builder-developer’s arbitration-only provision was deemed unenforceable, will likely be applied in assessing or challenging the enforceability of arbitration-only alternate dispute resolution provisions contained in any type of commercial contract. Transactional attorneys are well-advised to take heed, says Thomas Daniel McCloskey of Fox Rothschild LLP.
New Jersey courts in 2014 have placed financial institutions on stronger footing in two key ways: they can expedite their right to obtain a judgment in a collection action by merely presenting electronic account statements, and they may actually be able to challenge a debtor’s right to file for bankruptcy protection when the matter at issue is really a two-party dispute, says Nicholas Gaunce of Eckert Seamans Cherin & Mellott LLC.
The Federal Rules of Civil Procedure were amended in 2006 to provide a uniform set of rules across the federal courts to govern the preservation, collection and production of electronically stored information, and most companies that regularly litigate complex disputes are familiar with them. At the state level, however, counsel must navigate an often unfamiliar and disparate legal landscape, say Ethan Hastert and Corwin Carr of Mayer Brown LLP.
While most of the attention paid to drones has focused on issues of Federal Aviation Administration authority, state and local governments are increasingly asserting regulatory authority over drones and citing the need to protect the health and safety, including privacy, of residents. Do they have this authority? This question will only become more critical, say attorneys with Morrison & Foerster LLP.
As the Judicial Panel on Multidistrict Litigation heads to Charleston, South Carolina, for its Dec. 4 hearing, let's take a moment to acknowledge a changing of the guard as Judge John Heyburn II, panel chairman for the past seven years, passes the torch. The panel also welcomes its newest member, from the Eastern District of Missouri, says Alan Rothman of Kaye Scholer LLP.