Russo Development has scored $73 million in financing from John Hancock Real Estate Finance Group for an apartment complex in New Jersey, according to an announcement Wednesday from Russo’s broker, Holliday Fenoglio Fowler LP.
The Port Authority of New York and New Jersey told a federal judge Thursday that a recent court ruling the New York State Thruway Authority improperly diverted toll revenues is irrelevant to the Automobile Club of New York’s challenge to the bi-state agency's 2011 plan raising bridge and tunnel fees.
Developers face a host of issues when they try to convert vacant office properties to other uses amid a migration of millennials away from the suburbs, attorneys say. Law360 looks at four challenges developers face as they increasingly look to reposition their office campuses.
Plastic consumer packaging maker Berry Plastics Group Inc. will push its North American presence to more than 100 sites with its Thursday purchase of smaller rival AEP Industries Inc. for $765 million, including debt, cash and stock.
Prudential Financial Inc. has agreed to pay $33 million to end a shareholder class action alleging the insurer's stock values tumbled when it revealed it had held onto money that should have been paid to policy beneficiaries or state unclaimed property funds, according to a settlement motion filed in New Jersey federal court Wednesday.
The developer of a 52-home project in Parsippany-Troy Hills, New Jersey, has hit the township with a lawsuit in New Jersey state court over claims the municipality is unlawfully demanding that the company turn over about 118 acres of open space in a dispute over what the parties each consider “environmentally sensitive” land.
A former top L’Oreal USA lawyer who claims he was fired for refusing to file patent applications for shoddy inventions told the Third Circuit Tuesday that the cosmetics giant is improperly holding whistleblowing attorneys to a higher burden of proof than other employees.
Planet Fitness Inc. on Tuesday urged a New Jersey federal judge not to rethink a decision to toss most of the claims in a putative class action alleging the gym chain’s membership agreements violate state consumer protection laws.
Some claim terms of patents for osteoarthritis drug Pennsaid that Horizon Pharma asserted against Actavis are indefinite, a New Jersey federal judge has found, including a common phrase that presented an issue of first impression following the U.S. Supreme Court’s Nautilus ruling.
Snoop Dogg, Wiz Khalifa and Live Nation Worldwide Inc. were slapped Wednesday with a negligence lawsuit in Pennsylvania over a collapsed railing that injured fans and event workers during the rappers' "The High Road" tour stop in Camden, New Jersey, earlier this month.
Two former Anheuser-Busch employees who were fired after unflattering personal text messages inadvertently synced to a company iPad must arbitrate their wrongful termination and privacy claims, a New Jersey federal judge ruled Wednesday.
The Third Circuit declined Monday to rehear claims brought by the New York City Housing Authority against construction materials supplier G-I Holdings Inc. after a panel decided that the company’s bankruptcy shielded it from having to remove asbestos-laden material from public housing.
The New Jersey Appellate Division ruled in a published opinion Wednesday that an employee injured in a work-related auto accident covered by workers’ compensation can also seek medical expense reimbursement from the person who caused the crash, and that the workers’ compensation insurer can receive a portion of that payout.
The Third Circuit on Wednesday upheld a $1.6 million copyright damages verdict in favor of photographer Andrew P. Leonard, crediting a damages expert's contention that his rare images of stem cells, which were widely replicated without permission by defendant Stemtech International Inc., were worth more than regular photos.
A New Jersey state judge has tossed a lawsuit against the health care company formerly known as PDI Inc. from Prolias Technologies, Inc. over their discontinued agreement to launch a diagnostic test for thyroid cancer, because Prolias did not obtain new counsel when its former attorneys withdrew from the case after not getting paid.
PMZ Realty Capital LLC, a boutique real estate investment banking firm, has closed on a group of $71 million loans from JPMorgan Chase & Co. to refinance four Hilton Worldwide hotel properties around the United States, a PMZ representative said Wednesday.
A New Jersey judge has refused to toss a same-sex marriage discrimination lawsuit against a Catholic school, ruling Friday that more discovery is needed to determine whether the duties of the ex-employee who is suing involved religious education.
Spanish oil giant Repsol SA, which once owned a stake in bankrupt Maxus Energy Corp.’s parent, pushed back Monday against Occidental Chemical Corp.’s argument that claims connected to the Spanish company’s potential liability for cleaning up pollution in a New Jersey river should be considered in Delaware bankruptcy court.
A New Jersey-based global medical supply company has been slapped with an age discrimination lawsuit by a longtime former executive who claims the company reassigned his duties to a younger employee and then fired him without severance for failing to meet the goals of an unrealistic improvement plan.
A Pennsylvania attorney threatened with sanctions by a New Jersey federal judge for filing “fanciful, farfetched” Fair Credit Reporting Act lawsuits alleging that Experian misreported bankruptcies on a couple’s credit reports was let off the hook Tuesday, as the judge concluded he had engaged in reasonable fact-finding.
A number of states, including Illinois, New Jersey and Ohio, could become insolvent in the next two decades. It is not too early for Congress and the next president to start planning. Both the Detroit and Puerto Rico bankruptcies were preceded by years of denial in the face of increasingly inevitable facts, says Joseph Kennedy, former chief economist for the U.S. Department of Commerce.
Although the "last-antecedent canon" and the "series-qualifier canon" may sound like neutral grammatical principles, they carry different weights and are applied differently depending on the court. Ashley Johnson and Will Thompson of Gibson Dunn & Crutcher LLP explore two fundamentally different approaches by the Texas Supreme Court and U.S. Supreme Court.
A New Jersey state appeals court's recent decision in Catena v. Raytheon Company reinforces the equitable nature of the discovery rule applied to common law fraud claims in connection with the sale of commercial real property, and highlights the importance of proper disclosures, particularly when the property has a history of stigma, lest the seller be faced with liability, say Katharine Coffey and Christopher John Stracco at Day Pitney LLP.
Highly successful attorneys who are thinking about leaving the safe haven of a large law firm to go out on their own face a number of issues specific to the legal profession. Russell Shinsky, chairman of Anchin Block & Anchin LLP's law firms industry group, shares four pillars of a successful startup law firm.
The court of public opinion can mete out judgments as harsh as those rendered by a court of law, which is why communications professionals and attorneys should be working together to protect their clients’ reputation and advance their legal objectives as litigation proceeds, as well as when decisions or settlements are reached, say Michael Gross and Walter Montgomery at Finsbury.
Often, the lead counsel in a case maintains sole contact with the client and makes substantive decisions, relying upon the local counsel only to serve in the requisite capacity to satisfy jurisdictional procedures. Therein lies the problem — absent appropriate precautionary measures, the local attorney faces equal malpractice exposure for the substantive, strategic decisions of the lead counsel, say Patrick (Sean) Ginty of CNA Glob... (continued)
There are several risks involved with signing a "standard" mediation confidentiality agreement, both to your clients and to yourself. Once you recognize these risks, you will never sign a standard MCA again, at least not without a lot of thought and a lot of disclosures to your client, says Jeff Kichaven of Jeff Kichaven Commercial Mediation.
In Susinno v. Work Out World, a New Jersey district court did not provide a written opinion stating what arguments formed the basis of its recent decision to grant the defendant’s motion to dismiss the putative class action alleging violations of the Telephone Consumer Protection Act, leaving industry professionals to speculate as to which of two arguments the court found convincing, say attorneys at Venable LLP.
With its reaffirmation of marijuana’s Schedule I status the U.S. Drug Enforcement Administration took two additional actions: clearing the way for additional medical marijuana research studies and clarifying the limitations and regulations involving hemp production and distribution. Bob Morgan at Much Shelist PC explains how these decisions impact the legal and health care industries and what to expect in the coming months and years.
While trade secrets are currently gaining greater protection, noncompetes are facing greater scrutiny. David Almeling and Tony Beasley of O’Melveny & Myers LLP explore this changing intersection of law, and explain how direct protection for trade secrets is waxing, while indirect protection in the form of noncompetes may be waning.