Velocity Holding Company Inc. and its 18 powersports industry subsidiaries filed for Chapter 11 bankruptcy in Delaware on Wednesday, declaring liabilities of more than $100 million in a comprehensive recapitalization aimed at eliminating $300 million in debt.
The U.S. Environmental Protection Agency on Wednesday identified more than 2,000 counties in the U.S., as well as tribal lands, that meet ozone standards set in 2015, weeks after environmentalists threatened to sue the agency for blowing a statutory deadline to publish the list.
A Michigan federal judge on Tuesday gave her initial approval to a $9.36 million settlement between Bridgestone Corp. and a putative class of car dealerships, which claim the tire maker took part in a price-fixing scheme for rubber parts that reduce engine and road vibration.
Toyota has struck deals in 496 lawsuits over deaths and injuries stemming from an alleged unintended-acceleration defect in some of its vehicles, lawyers on both sides of multidistrict litigation told a California federal court Wednesday.
A company that operates a website allowing consumers to review auto dealers launched a lawsuit in Massachusetts federal court Tuesday seeking to block another company from using a mark it calls “confusingly similar” to its own DealerRater mark.
Geico has reached unlawful agreements with a group of preferred auto collision repair shops to fix the maximum price of repairs and steer policyholders from competing repair shops, a competing shop claimed in Oregon federal court Tuesday.
Two units of insurance giant Progressive will pay more than $2 million to settle allegations that they pushed car insurance policyholders’ medical claims that they should have paid off on Medicare and Medicaid, in violation of the False Claims Act, the U.S. Department of Justice announced Tuesday.
Federal-Mogul Corp. on Tuesday urged the Sixth Circuit to uphold a Michigan federal judge's ruling that its insurance carrier must pay $25 million for the flood-related shutdown of an auto parts plant in Thailand, contending that a flood sublimit in the insurer's policy doesn't apply to the losses resulting from the closure.
A California federal judge said Tuesday that Uber and Waymo attorneys have “blown an opportunity” in their driverless car trade secret trial by failing to craft jury instructions on a vital issue in Silicon Valley: whether engineers need “a frontal lobotomy before going to their next job” or can apply what they’ve learned during prior employment.
The Justice Department on Tuesday announced that it had secured an additional $5.4 million from Wells Fargo & Co. related to an Obama-era settlement with the bank over allegedly improper repossessions of service members’ cars.
As the possibility of connected vehicles moves from a futuristic development to an impending reality, the automotive sector has been busy trying to establish technical standards to guide the innovation. But the realm also includes sophisticated communications technology that is taking the telecommunications industry on a wild ride.
The Volkswagen Group of America will pay New Jersey $69 million to settle claims that it sold diesel vehicles that cheated environmental standards, Gov. Chris Christie said Tuesday, an amount the state says represents more cash per vehicle than any other state settlement in the scandal to date.
BMW is facing yet another class action in New Jersey federal court over engine defect claims, this one alleging that problems with certain models’ chain assemblies caused poor acceleration or sudden engine failure, according to a complaint filed Monday.
Two women who say they were raped by Uber drivers hit the ride-hailing company with a multimillion-dollar California federal class action Tuesday alleging its “woefully inadequate” driver screening process has allowed drivers to sexually assault or harass more than 1,000 riders.
The Delaware bankruptcy judge presiding over the Takata family of cases said Tuesday that he would grant the company’s Japanese parent Chapter 15 recognition over the objections of a group of plaintiffs suing over the debtor’s dangerously defective airbag inflators who say their due process rights are being squelched.
A Dallas County assistant district attorney has been fired after an Uber driver accused her of drunkenly hitting and berating him, accusing him of kidnapping her, and abusing her position by threatening to have him fired.
Electric car maker Tesla Inc.’s California factory is “a hotbed for racist behavior” toward African-Americans that includes the frequent use of racial epithets, a former worker charged Monday in a state race discrimination class action.
A Third Circuit panel on Tuesday expressed skepticism over claims by the attorney representing a group of Philadelphia taxi drivers that Uber’s entry into the city created an illegal monopoly in the vehicle-for-hire market, with multiple judges suggesting the company’s arrival was good for the consumer.
OMERS Private Equity said Tuesday that it will buy Paris-headquartered calibration services provider Trescal SA from private equity parent Ardian in a deal that values the company at €670 million ($788.6 million).
Lyft Inc. urged an Ohio federal court Monday to toss a proposed class action that alleges the ride-hailing company violated the Telephone Consumer Protection Act by sending unsolicited text messages to recycled telephone numbers, arguing the texts are purely informational and not sent with an “automatic telephone dialing system.”
As a master certified barbecue judge with the Kansas City Barbeque Society, I have noticed that the top pitmasters follow a consistent process in approaching each and every competition. Their "secret sauce" — employing project management principles — can also help lawyers achieve success, says Anthony Rospert of Thompson Hine LLP.
The justice gap is a well-documented problem and over the past two decades, law firms have mobilized attorneys to provide millions of hours of pro bono every year. But for many in-house counsel, there remains a big hurdle — restrictive multijurisdictional practice rules, says Eve Runyon, president and CEO of Pro Bono Institute.
To the extent that companies have tolerated predominantly male leadership in the past because it was deemed necessary for growth and prosperity, or viewed diversity and the underrepresentation of women strictly as human resources issues, a growing body of research suggests otherwise, say Andrea Mitchell and Valerie Hletko of Buckley Sandler LLP.
Within their first year, associates should make it a priority to take on a pro bono matter and approach a partner about supervising the project. By collaborating with a partner on a pro bono case, young associates can cultivate sponsorship relationships while simultaneously contributing to the public good, say Michael Scudder and Jay Mitchell of Skadden Arps Slate Meagher & Flom LLP.
On Monday, the House passed a bill that, if enacted, would shift the current landscape regarding judicial review of congressional subpoenas and place significant burdens on all recipients of such subpoenas, say attorneys with Akin Gump Strauss Hauer & Feld LLP.
As a new attorney, it was astonishing to realize how little I knew. I soon began to appreciate that everyone I met had a unique take or way of doing something. Many things I learned during that first year from my colleagues are still incorporated into my practice today, says Patrick Mendes of Tyson & Mendes LLP.
There are various barriers to corporate pro bono work, including lack of malpractice insurance coverage, limited resources, and the transactional nature of the majority of in-house legal work. But at the end of the day, we’ve overcome many of these barriers, says Ann Warren, associate general counsel of Duke Energy Corp.
Christopher Scalia and Edward Whelan have published an indispensable collection of the late Justice Antonin Scalia's best speeches. "Scalia Speaks: Reflections on Law, Faith, and Life Well Lived" puts on full display Justice Scalia’s skilled writing, quick wit and uncommon wisdom on a wide range of topics — from law to turkey hunting, says Judge William Pryor of the Eleventh Circuit.
Financial Crisis Anniversary
The role of the general counsel has significantly grown in importance, with the GC now often replacing the senior partner in the outside law firm as the primary counselor for the CEO and the board. This inside counsel revolution was given great impetus by the financial crisis that started 10 years ago, says Ben Heineman Jr., former general counsel of General Electric Co.
There has been much discussion of discovery proportionality in federal litigation since the December 2015 changes to Civil Rule 26. But arbitrators have long used procedures to simplify the discovery process that courts have only recently begun to adopt, says attorney and arbitrator Richard Seymour.