Bayer AG reportedly plans to hold talks about selling some consumer health brands at an upcoming board meeting, Fiat Chrysler Automobiles could sell off a robotics unit, and the Venezuelan oil ministry rejected an offer to buy Total SA’s stake in a natural gas project.
BMW urged a New Jersey federal court Monday to deny a request to extend fact discovery by consumers who alleged that the automaker fraudulently concealed a defect in its M3 vehicles that can lead to catastrophic engine failure, arguing that an extension is both unnecessary and ill-timed.
Mitsubishi Motors Corp. ousted Carlos Ghosn as its chairman on Monday shortly after Nissan Motor Co. similarly booted the automotive executive as its chairman after he was arrested by Japanese authorities for alleged financial misconduct.
McDermott Will & Emery has hired the former head of Cooley LLP’s Los Angeles litigation practice to join the firm’s growing West Coast class action and complex commercial litigation group.
The elite slate of attorneys chosen as Law360’s 2018 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
A Michigan federal judge on Wednesday awarded $5.9 million in fees and expenses to attorneys who worked on obtaining $19.7 million in settlements with Mitsubishi Electric and Furukawa in litigation alleging auto parts companies conspired to fix the price of wire harness products.
A worker’s compensation insurer needs the consent and participation of an injured worker in order to bring claims against the parties responsible for the injury, and merely claiming a lawsuit was filed “on behalf of” the injured worker is insufficient, a split Supreme Court of Pennsylvania ruled Wednesday.
CDK Global LLC called a request for discovery “abusive” and a “scorched-earth approach” in the multidistrict litigation accusing the seller of dealer management systems of conspiring with a rival to monopolize the market for car dealership data, telling an Illinois federal court Tuesday it should not have to respond to the request.
Tesla Inc. told a California federal judge Tuesday that an amended suit alleging it hid information about production delays for its Model 3 sedan cannot tie any purported misstatements to any decline in Tesla's stock price, especially since the electric automaker was upfront about its unexpected production problems.
The D.C. Circuit on Wednesday declined to rule on the U.S. Environmental Protection Agency's bid to dismiss challenges to its decision to revisit Obama-era greenhouse gas emissions standards for vehicles, saying the EPA should include arguments that the decision isn't reviewable in its main defense.
In Law360's latest look at the World Trade Organization's Dispute Settlement Body, the fleet of cases spurred by the Trump administration's tariffs on steel and aluminum are now set for formal adjudication by a panel, teeing up a potentially explosive battle over the WTO's national security exception.
A Taiwanese biotechnology company raised nearly $22 million after pricing a downsized U.S. initial public offering on Wednesday, represented by Cooley LLP and K&L Gates LLP, concluding an abbreviated Thanksgiving week that generated three small IPOs that raised $46 million total.
The U.S. Court of International Trade has refused to lower a triple-digit duty tagged on one of the largest tire manufacturers in China, tossing aside the exporter’s bid to shield its products from the penalty rate imposed after it gave the U.S. government incorrect information about its shipments.
The Consumer Financial Protection Bureau said Tuesday that a Santander consumer finance unit has agreed to pay a $2.5 million fine and more than $9 million in restitution as part of a settlement resolving claims over its disclosures related to an auto loan add-on product and auto loan extensions.
Attorneys for a putative class of hundreds of thousands of Uber drivers that was slashed to a certified class of 9,600 because of a Ninth Circuit decision in another case against the company argued Monday for more than $3.3 million in fees for their $1.9 million win.
A Dallas judge has threatened to jail a representative of security company GardaWorld and attorneys at Lewis Brisbois for refusing to turn over GPS data for a truck involved in a fatal collision.
Democratic leaders of the U.S. House Energy and Commerce Committee demanded Tuesday that the U.S. Environmental Protection Agency turn over information on its efforts to undo climate change-related regulations, a preview of Trump administration scrutiny to come once Democrats gain control of the chamber in January.
All of the named plaintiffs in a putative class action against Tesla Inc. have agreed to drop their class claims accusing the electric car maker of selling vehicles that suddenly accelerate without warning, according to a stipulation filed Monday in California federal court.
The Fifth Circuit has held that multiple collisions caused by a runaway tractor-trailer are a single accident subject to a $1 million limit in the truck owner’s primary policy with Mid-Continent Insurance Co., reversing a lower court’s ruling that the company is liable for an additional sum an excess insurer paid to settle claims stemming from the crashes.
Tower International Inc., which makes structured metal components for the automotive industry, said Tuesday that it has agreed to sell its European assets to privately owned Financière SNOP Dunois SA for €255M ($298 million) in a deal guided by Freshfields Bruckhaus Deringer LLP.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
The product liability regimes related to driverless cars in various European countries remain far from harmonized, and lawmakers trail behind the fast-moving reality. As the European Commission works to update the European Product Liability Directive, evolving legal definitions of "producer," "product" and "defect" will be vital for the industry, say attorneys with Jones Day.
The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
The recent rollback of Obama-era fair lending enforcement does not mean that the risks have disappeared. New York guidance issued last month for indirect auto lenders shows that states are stepping up to fill in where the Trump administration has backed off, says Melanie Brody of Mayer Brown LLP.
As the southeastern United States braces for Hurricane Florence, the governors of several states have authorized National Guard response efforts. Creditors can do their part by being aware of the laws protecting military service members, say attorneys with Buckley Sandler LLP.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.
Earlier this year, President Donald Trump imposed tariffs on Chinese products as a response to China’s trade practices concerning technology transfer, intellectual property and innovation. The U.S.-Chinese trade war highlights the need to approach investments in China differently, taking a broad view of intellectual assets and looking beyond basic legal protection, says Holly White, a consultant at Rouse & Co.