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The new firm will not have a single headquarters, and its leadership will be dispersed nationally. Shown is Richmond, Virginia, where Hunton & Williams is based. (AP)

Andrews Kurth, Hunton & Williams Will Combine In April

After months of rumors and negotiations, the merger between Texas-based Andrews Kurth Kenyon LLP and Virginia's Hunton & Williams LLP has been resoundingly approved by partner votes at both firms, and the union is on track to completion by the end of the quarter, the firms announced Wednesday.

  • LendingClub Unveils $125M Settlement Of Investor Suits

    LendingClub Corp. on Tuesday said it has reached a $125 million preliminary settlement with the plaintiffs behind two securities class actions in California federal and state court that allege the peer-to-peer lending company misled investors in the run-up to its $1 billion initial public offering in 2014.

  • EU Auto Shippers, Part Cos. Settle Cartel Probes For $673M

    European Union antitrust officials on Wednesday announced three separate settlements totaling €546 million ($673 million) with maritime car shippers and automotive parts suppliers that admitted price-fixing and improper coordination via cartels that allocated customers.

  • Disney Suit Against Redbox Is Copyright Misuse, Judge Says

    A California federal judge on Tuesday refused to give Walt Disney Co. a court order that would have barred Redbox from renting digital movies at its kiosks, calling the studio’s case a misuse of copyright law.

  • Supreme Court Narrows Definition Of Whistleblower

    The U.S. Supreme Court on Wednesday ruled in favor of a narrow definition of the term "whistleblower," a decision that will significantly limit the scope of anti-retaliation measures meant to protect whistleblowers under the Dodd-Frank Act.

  • Justices Say Guilty Pleas Don't Stop Constitutional Claims

    The U.S. Supreme Court on Wednesday ruled 6-3 that criminal defendants can challenge the constitutionality of laws they already pled guilty to breaking if they didn't explicitly waive the right to do so.

  • Wilmington Suit Over Ex-Chesapeake CEO's $464M Debt Stays

    A New York federal judge on Friday largely left intact a suit brought by Wilmington Trust National Association over a $464 million loan guaranty from the late Chesapeake Energy CEO and part-owner of the NBA's Oklahoma City Thunder, finding the court has jurisdiction to hear the case.

  • GM, Bosch Can't Dodge Drivers' Emissions-Cheating Claims

    A Michigan federal judge on Tuesday denied bids by General Motors LLC and Robert Bosch LLC to escape a proposed class action claiming that so-called defeat devices similar to those used in Volkswagen’s diesel cars are installed in some GM vehicles, saying the drivers plausibly alleged a conspiracy.

  • High Court Turns Away Fannie, Freddie Investor Appeals

    The U.S. Supreme Court on Tuesday denied a plea from investors hoping for reconsideration of their case challenging the federal government’s conservatorship of Fannie Mae and Freddie Mac, reinforcing a lower court’s ruling that the Federal Housing Finance Agency cannot be sued over its role in managing the mortgage finance duo.

  • Del. Justices Revive Suit Over Diamond's $2B Sale To Apollo

    The Delaware Supreme Court on Tuesday revived a shareholder suit contesting Diamond Resorts International's $2.2 billion sale to Apollo Global Management, saying Diamond’s board should have disclosed why the company’s founder opposed the sale.

  • 3M Inks $850M Dumping Deal With Minn. On Eve Of Trial

    3M Company cut an $850 million deal with the state of Minnesota to resolve allegations it knowingly dumped chemicals into groundwater, impacting local wildlife and posing health risks to nearby communities, just as the dispute was set to go to trial, the parties announced Tuesday.

  • High Court Won't Hear Lipitor, Effexor Pay-For-Delay Appeals

    The U.S. Supreme Court on Tuesday declined to hear appeals from Pfizer Inc. and Teva Pharmaceuticals in their bids to duck claims they participated in schemes to delay generic forms of cholesterol drug Lipitor and antidepressant medication Effexor XR, respectively.

  • Ex-Skadden Atty Pleads Guilty To Lying In Mueller Probe

    A former Skadden Arps Slate Meagher & Flom LLP lawyer pled guilty Tuesday to lying to officials in Special Counsel Robert Mueller’s investigation into Russian meddling in the 2016 presidential election.