A New Jersey federal judge has appointed The Rosen Law Firm PA as lead counsel and its clients as lead plaintiffs in a putative securities class action against a company that sells imported luxury vehicles in China over alleged misrepresentations about its operations.
Classes on blockchain and artificial intelligence. Crash courses in business and financial markets. These are a few ways law schools are preparing students for a job market that is struggling in the wake of the recession.
The Third Circuit on Wednesday endorsed a lower court's harsh denial of a $947,000 fee request following an insurance coverage trial, and instituted a formal policy that judges can deny awards of even reasonable fees if they come alongside “staggering” and “astonishing” unsupported fees like the ones on display in the case.
Skadden Arps Slate Meagher & Flom LLP guided Chinese electric vehicle maker Nio Inc. in raising $1 billion on Wednesday, after the Tesla competitor priced an initial public offering near the bottom of its range, while Latham & Watkins LLP advised the company's underwriters.
Ford Motor Co. is seeking $239 million in tax abatements from Michigan, the city of Detroit and other government entities to develop 1.2 million square feet of space in the city’s historic Corktown district, a $738 million project anchored by the redevelopment of the shuttered Michigan Central Station.
Climate change goals don't get much more ambitious than California Gov. Jerry Brown's recent executive order calling for the Golden State to be carbon-neutral by 2045, and experts say the state will have to thread the needle through significant legal, regulatory and practical challenges on the pathway to net-zero carbon emissions.
Fiat Chrysler Automobiles NV and Ferrari NV urged a California federal judge Tuesday to dump a securities fraud suit alleging the automakers misled investors about how they would be compensated in the 2015 spinoff of Ferrari, saying they clearly disclosed that terms of the spinoff transaction might change.
Fiat Chrysler Automobiles NV reportedly wants more than €6 billion ($7 billion) for Magneti Marelli SpA, New Gold Inc. is digging for a sale, and Meituan-Dianping received a lukewarm response to its Hong Kong public offering from individual investors.
A New York federal judge has ordered a group of Nissan dealerships in Manhattan to fork over more than $40 million in defaulted loans, attorneys' fees and miscellaneous expenses springing from a series of deals with Nissan Motor Acceptance Corp. to finance the opening of additional stores.
Mishorim Development Group is reportedly buying a Miami parking garage for $18.5 million, TH Real Estate is said to have loaned $110 million for a Baltimore-area apartment complex and a venture of ZOM Senior Living has reportedly bought a 46-acre site in Florida for $23.25 million.
The U.S. International Trade Commission said Tuesday that it launched an investigation into whether India-based Mahindra's imported cars rip off the design of Jeep-brand vehicles, disregarding claims from Mahindra that Fiat Chrysler Automobiles breached a contract by asserting the trademark claims before the agency.
A man convicted of using his California auto dealership to defraud banks out of $89 million before ditching the U.S. for Australia asked the Ninth Circuit at a hearing Tuesday to give him another shot at his case, arguing his 10-year sentence was improper and that he should have been allowed to withdraw his eleventh-hour guilty pleas.
Caught in a whirlwind of firm dissolutions and layoffs, thousands of associates were thrust into one of the worst job markets in history a decade ago. While some have rebounded, others are still feeling the lingering effects of the financial crisis on their careers.
A California appeals court has affirmed Honeywell's midtrial win against a man who worked with brakes containing asbestos as a child mechanic in the 1950s, saying Monday that the use of Kansas law was correct even if it imposes a nearly impossible standard.
The Trump administration has given a face-lift to the oft-maligned bureaucratic process companies use to exclude their products from steel and aluminum duties, but attorneys say that while the changes are a step in the right direction, it remains to be seen whether the process can ever function smoothly.
Edmunds.com Inc., a company that helps prospective buyers find cars, has slapped rival auto sales website CarSaver Inc. with a trademark suit in a Texas federal court, saying it stole its logo and slogan after partnering with Walmart Inc.
AutoZone Inc. and S.A. Gear Inc. urged an Illinois federal judge to turn down a request from a proposed class of their customers to dismiss a suit over allegedly defective car parts on Monday, saying the customers are looking for a new judge after losing on class certification.
The eye-popping $250 million that State Farm will pay to settle claims it rigged an Illinois judicial election to overturn a $1 billion class action verdict likely will spur copycat suits over judicial campaign donations and the blurry lines of influence they yield, experts say.
Japan’s Renesas Electronics Corp. said Tuesday it will expand its presence in the automotive and industrial segments through a $6.7 billion deal for semiconductor technology firm Integrated Device Technology Inc., with Morrison & Foerster LLP, Covington & Burling LLP and Nagashima Ohno & Tsunematsu guiding the buyer and Latham & Watkins LLP steering the California-based seller.
A limousine company has filed a proposed class action against Uber Technologies Inc. in California federal court alleging that the ride-sharing service has unfairly stolen business from traditional cab companies by low-balling its drivers’ wages and unfairly steering clear of the required costs of doing business.
The U.S. Supreme Court's opinion in Daubert v. Merrell Dow Pharmaceuticals specified peer review as one criterion for evaluating scientific evidence. But not all peer review is created equal, and sometimes additional exploration — whether through discovery into your adversaries’ experts, or early investigation of your own potential experts — may make sense, says William Childs of Bowman and Brooke LLP.
In his new book, "The Last Great Colonial Lawyer: The Life and Legacy of Jeremiah Gridley," Charles McKirdy argues that Gridley — someone I had never heard of — was the last great colonial lawyer, and that his cases illuminate his times. The author largely substantiates both claims, says First Circuit Judge Kermit Lipez.
During the past year, I have been tossed headfirst into the murky water of autonomous vehicle contract drafting, where no well-tested forms exist and negotiating parties often do not know what terms to request. But what is required more than anything is just old-fashioned, common-sense business lawyering, says Jim Jordan of Munsch Hardt Kopf & Harr PC.
Across the country this fall, recent law school graduates, law firm associates and experienced professionals will interview for positions in private practice and government service. Sharing tips on how to stand out in this high-pressure, hypercompetitive process are Eileen Decker, former U.S. attorney for the Central District of California, and Keith Jacoby, co-chairman of Littler Mendelson PC’s class action practice group.
With memories of the Great Recession still fresh, fears that the auto loan securitization market is headed for a crash similar to the ill-fated residential mortgage backed securities market are on the rise. Albert Fowerbaugh and Julie Rodriguez Aldort of Butler Rubin Saltarelli & Boyd LLP consider the types of claims that various participants might assert if the market veers off course.
Justice Ruth Bader Ginsburg joined the U.S. Supreme Court 25 years ago and is not planning to retire anytime soon — she has hired clerks through 2020. What's it like to assist Justice Ginsburg? In this series, former clerks reflect on the experience.
It had never occurred to me that judges don’t always love the way their appellate cousins review their work and tell them — in public — all the things they got wrong. I was frequently struck by Justice Ruth Bader Ginsburg’s acute awareness of the delicacy of this relationship, says attorney David Post.
President Donald Trump signed an executive order on Aug. 6 formally re-imposing certain sanctions with respect to Iran. Given the administration’s rapidly shifting approach to international trade and national security issues, businesses should plan for the worst — while continuing to advocate for a more pragmatic approach, say attorneys with Dechert LLP.
As a clerk for Justice Ruth Bader Ginsburg, my job was to mirror my boss’ views and values in everything I did. Years later, I find that I am still striving to live up to the values Justice Ginsburg instilled in me, as both a lawyer and a spouse, says Burden Walker, an assistant U.S. attorney for the District of Maryland.
Justice Ruth Bader Ginsburg is everything she is cracked up to be — feminist icon, brilliant jurist, fierce dissenter. She is also an incredible boss, mentor and friend. Her advice has shaped how I have tried to balance building a career and raising children, says Rachel Wainer Apter, counsel to the New Jersey attorney general.