Grocery giants Delhaize and Ahold can go ahead with a planned merger valued at about $29 billion if they sell off 81 stores, the Federal Trade Commission said Friday.
An Eighth Circuit panel on Friday upheld the dismissal of an investor suit accusing Wal-Mart Stores Inc. directors and officers of concealing bribery at its Mexican subsidiary, agreeing with a lower court that the investors should have sought a remedy through the board before filing suit.
A former Fox Rothschild LLP attorney was slapped with a six-month prison sentence on Friday following his conviction on charges that he used insider information to trade ahead of a $760 million insurance industry merger his firm was helping to handle.
A federal jury on Friday found the owner of a rooftop club overlooking Wrigley Field guilty of hiding more than a million dollars in ticket sales and revenue to defraud the Chicago Cubs out of royalties the club owed as part of a contract with the team.
The U.S. Small Business Administration on Friday released a final rule putting in place a long-awaited expansion to its mentor-protege program, expanding the program to cover all small businesses.
The U.S. Department of Justice on Friday announced criminal charges in Florida federal court against three men accused of defrauding Medicare and Medicaid in a $1 billion scheme involving kickbacks and exploitation of drug-addicted patients.
A challenge by Netflix Inc. customers to a Chicago tax on streaming services largely survived a motion to dismiss Thursday when a Cook County judge ruled the viewers had sufficiently argued that the tax law treats streaming differently than live entertainment.
The U.S. Department of Justice on Thursday filed lawsuits to block two health insurance mega-mergers that would reshape the industry, and experts said the companies have slim chances of saving the deals before heading to trial or abandoning them altogether.
Fox News Chairman and CEO Roger Ailes is stepping down as head of the network he helped build into a ratings juggernaut, parent company 21st Century Fox Inc. announced Thursday, weeks after Ailes was sued by former anchor Gretchen Carlson for sexual harassment and retaliation.
The U.S. Department of Justice said Thursday it has filed a lawsuit along with attorneys general from several states to challenge two planned megamergers between Aetna and Humana and Anthem and Cigna over concerns that the tie-ups would stifle competition and innovation in the health insurance marketplace.
Texas’ law requiring voters to present certain identification at the polls has a discriminatory effect and violates the federal Voting Rights Act, the full Fifth Circuit wrote in a fractured opinion Wednesday, ordering the district court to come up with a solution to the problem before November's presidential election.
The Sixth Circuit revived a proposed shareholder class action accusing Freddie Mac of lying about its exposure to subprime mortgages in the lead-up to the financial crisis, saying on Wednesday the mortgage giant could be liable for a stock drop.
Anheuser-Busch InBev said Wednesday that the U.S. Department of Justice will not block its planned $100 billion SABMiller buy, allowing the world’s first- and second-largest brewers to merge so long as they make good on plans to divest SABMiller’s U.S. interest in MillerCoors.
The U.S. Department of Justice on Wednesday filed civil forfeiture complaints seeking more than $1 billion in assets allegedly acquired with money stolen from a Malaysian state-owned investment fund, including a Vincent van Gogh drawing, a Beverly Hills hotel and rights to “The Wolf of Wall Street.”
A Massachusetts federal jury acquitted two top former Acclarent executives Wednesday of a slew of felony fraud charges related to the company's promotion of a medical device off-label, but convicted the pair of 10 misdemeanor counts of introducing a misbranded and adulterated device into interstate commerce.
Canadian pipeline giant Enbridge agreed Wednesday to pay $177 million in civil penalties and pipeline safety upgrades to resolve pollution claims related to 2010 oil pipeline spills in Michigan and Illinois.
Federal prosecutors on Wednesday charged a current top HSBC Holdings PLC official and a former trader with the bank with engaging in a scheme to front-run a $3.4 billion foreign exchange transaction in 2011.
The European Commission on Tuesday announced a record €2.93 billion ($3.23 billion) in fines against leading truck makers for cartel behavior, opening the floodgates to follow-on litigation that could result in significant damages against the companies because of the extent and pervasiveness of the scheme, experts said.
Volkswagen concealed emissions cheating in diesel vehicles for a decade and covered it up in a scheme that extended to the highest levels of the company, according to civil lawsuits announced Tuesday by the New York, Massachusetts and Maryland attorneys general over alleged environmental law violations.
The U.K.'s Serious Fraud Office on Tuesday announced its ongoing criminal investigation into Unaoil SAM that began in March, the same time media reports alleged that the engineering firm had bribed foreign officials to help other companies win contracts.
Law firms today are recognizing that the process of creating a next-generation workplace is far more complex than relocating to a more modern space in a trendier part of town. The challenge is more significant for larger firms with multiple generations represented within their executive teams, says Tere Blanca, founder of Miami-based Blanca Commercial Real Estate Inc.
Winding down a law firm is at best stressful, at worst excruciatingly painful, and often carried out as if it were an emergency, rendering the process even more difficult. There are certain common steps that should be on the firm's radar from the moment the decision to dissolve is made, says Janis Meyer, a partner with Hinshaw & Culbertson LLP who helped oversee Dewey & LeBoeuf's 2012 bankruptcy filing and the subsequent wind-down of the firm.
A recent survey by Deloitte shines a light on where legal delivery is headed. Demand for services is robust, but satisfaction with the incumbent delivery model is low. This disconnect underscores the opportunity for disruption, says Mark A. Cohen, founder of Legal Mosaic LLC.
Student loan debt can feel overwhelming to new lawyers, especially when just getting started post graduation. Andrew Josuweit, co-founder and CEO of Student Loan Hero Inc., reviews the loan repayment plans available and discusses the best path forward for recent grads shouldering law school debt.
Despite regular news stories detailing the need to update our digital privacy laws and increase our cybersecurity protections, law firms and in-house legal departments should feel confident that utilizing cloud providers with strong privacy and security protections will not breach their ethical obligation to clients, says Bradley Shear of the Law Office of Bradley S. Shear LLC.
One of the most prevalent complaints by associates and recent law school graduates is the lack of meaningful mentoring by more seasoned attorneys. Gary Gansle, leader of Squire Patton Boggs LLP's Northern California employment law practice, offers several tips as a light that can help junior attorneys start down the right path in their career development.
The real threat to law firms comes from in-house legal departments, which have increased in size, prestige, management responsibility, and attractiveness to top legal talent. But it’s not just labor arbitrage that accounts for the shift from outsourcing work to doing it in-house, says Mark A. Cohen, founder of Legal Mosaic LLC.
The incident at Mossack Fonseca just scratched the surface of demonstrating the lack of cybersecurity resources within the legal sector, says Mark Stevens of Digital Guardian. Here’s a look at the history of events leading up to the latest law firm hack.
Most attorney bios fail miserably. They are typically boring and poorly written. They do not inspire confidence or incline the viewer to consider retaining the featured lawyer to represent them, much less write one sentence in the Queen’s English on their behalf. In short, they are weak advocacy, says attorney and HR professional Meena Patel.
These days, jurors and judges are so accustomed to seeing graphics — on the street, on the Web, on their smartphones — that they expect to see something good in the courtroom. The best graphics are composed of consequential information, clearly displayed, with emphasis on what matters most, paired with artwork that adds meaning. This simultaneously compels people to think, feel and make decisions, says Aaron Stienstra, design direc... (continued)