General Motors Corp. on Thursday said a Softbank investment fund will take a 20 percent stake in the company’s automated vehicle technology unit thanks to a $2.25 billion investment, with Kirkland & Ellis LLP guiding the automaker.
The Trump administration announced Thursday that it would move ahead with steel and aluminum duties against producers in Canada, Mexico and the European Union, inviting retaliation from its closest allies in an ever-escalating trade dispute.
The special master overseeing the handling of a nearly $1 billion restitution fund in the criminal lawsuit over Takata Corp.’s potentially deadly air bag inflators made a report in Michigan federal court Tuesday explaining how victims and their families can request payouts.
Five Pennsylvania residents have pled guilty to violating the Clean Air Act through a scheme to tamper with emissions monitoring systems for vehicles used by an interstate oil equipment transportation company that services the hydraulic fracturing industry, the U.S. Department of Justice announced Wednesday.
A private equity-backed landscaping company and a Chinese online used-car platform filed initial public offerings this week that could raise $1 billion combined, adding to the near-term IPO pipeline.
A state appeals court handed the California Air Resources Board a win Tuesday by rejecting a pair of suits seeking to invalidate the board’s regulation requiring that commercial trucks install engine particulate filters, saying both challenges were filed in the wrong forum.
A proposed class of Uber riders on Tuesday urged a California federal judge not to send to arbitration part of their suit alleging the company employs lax background checks that put riders in danger of sexual assault, arguing their claims belong in court because they seek fixes to policies that harm the public.
Daimler AG asked a California federal court Tuesday to reject multidistrict litigation claiming it participated in a decades-long antitrust conspiracy with fellow German automakers Audi, Volkswagen, BMW and Porsche on car technology, costs, suppliers and emissions equipment, saying the court lacks jurisdiction over the Mercedes-Benz parent.
The U.S. Environmental Protection Agency simply ignored the market pressures buffeting the renewable fuel industry when it botched setting the 2017 levels of renewable fuels that must be blended into the nation's transportation fuel supply, petroleum industry and refiner groups told the D.C. Circuit on Tuesday.
A man paralyzed when his Toyota truck crashed asked the California Supreme Court on Tuesday to ditch a jury verdict clearing the automaker of liability for failing to include certain safety features, arguing Toyota shouldn't have introduced evidence about how uncommon electronic stability controls are in the market for pickup trucks.
A federal judge in Manhattan on Tuesday resolved 11 appeals of a New York bankruptcy court’s rulings related to the storied multidistrict litigation over the recall of millions of General Motors LLC, or New GM, vehicles with faulty ignition switches, breaking with some, but not all, of the bankruptcy court’s rulings.
Women have been gaining ground at Ogletree Deakins and Morrison & Foerster, but gender discrimination lawsuits against these firms and others suggest that expanding women's representation doesn’t necessarily lead to equal treatment.
U.K. law firms have come up with numerous approaches to a new requirement for disclosing gender pay gap information, and the ensuing PR storm is pushing them in conflicting directions.
Female law firm leaders have scraped their way to the top. Now they want to pull up other women, too. And this may be their toughest challenge yet.
Our latest Glass Ceiling Report shows that women remain underrepresented in the legal profession, particularly at the top levels of most — but not all — law firms. Here are this year’s Ceiling Smashers, our annual ranking of the firms with the most women in the equity tier.
Plaintiffs in a suit accusing auto parts makers of conspiring to fix prices have urged a Michigan federal judge to turn down one parts maker's attempt to nix their claims, arguing that the discovery process has just begun.
The D.C. Circuit told the National Labor Relations Board on Tuesday to explain its legal standard for determining the collective bargaining obligations of certain successor employers, finding that the agency had not adequately done so when it ruled that a diesel fuel tank manufacturer illegally refused to bargain with a union over the layoffs of 12 people.
The competition authority for the Philippines said Monday that ride-hailing service Grab Inc.’s purchase of Uber Technologies Inc.’s Southeast Asia operations has already caused price increases after Uber shut down its app in the country last month despite an order from the watchdog to remain running.
Tesla urged a California federal judge to toss a stock-drop suit alleging it hid information about production delays for its Model 3 sedan, saying it frankly disclosed its unexpected production challenges to investors and the amended class action is “classic fraud by hindsight.”
Tesla Inc. has agreed to pay $5.4 million to end a putative class action in California federal court brought by Model S and Model X drivers alleging the electric-car maker delayed safety features and a $5,000 enhanced autopilot system that turned out to be faulty, according to court documents filed by the drivers.
Any company — no matter how well-run — may experience a consumer product recall. Managing recall risk is as much about being ready to respond to recalls properly as it is about preventing them, say Derin Kiykioglu and Jonathan Judge of Schiff Hardin LLP.
In a long-awaited decision, the U.S. International Trade Commission ruled this month that a complainant alleging price-fixing as an unfair act under Section 337 must also allege an antitrust injury, as would be required in federal district court. But the decision is unlikely to apply beyond the narrow area of standing in antitrust cases, says David Hickerson of Foley & Lardner LLP.
Although the lack of racial and gender diversity among the ranks of the majority of both midsized and top law firms is a major issue, it’s past time to shed light on the real problem — inclusion, or lack thereof, says Marlen Whitley of Reed Smith LLP.
Despite the Trump administration's desire to shut down the Legal Services Corp., thankfully the budget that Congress passed and the president signed into law last week has restored $410 million of funding to the legal aid organization. An unlikely brief for preserving LSC may be found in the quirky Denzel Washington film "Roman J. Israel, Esq.," says Kevin Curnin, immediate past president of the Association of Pro Bono Counsel.
Over the last few years, there has been a significant increase in litigation and investigations related to corporate social responsibility issues. Activity has increased not only in the United States at the federal, state and local level, but also in several other countries. Proceedings and investigations have involved many different statutes and theories of liability, say attorneys with Ropes & Gray LLP.
In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University's Concord Law School.
As the quantity and quality of corporate social responsibility disclosure increases, there is also movement toward greater comparability. Larger companies should benchmark their disclosures against global peers and evolving global standards, since over time, enhancements in foreign disclosure practices are likely to drive disclosures by many U.S. companies, say attorneys with Ropes & Gray LLP.
To many young attorneys, becoming an equity partner shows a firm's long-term commitment, meaning job security and a voice in important firm matters. However, the industry has changed and nowadays it may not be better to enter a new firm as an equity partner, says Jeffrey Liebster of Major Lindsey & Africa.
Increasingly, corporate social responsibility must be on the radar screen of in-house counsel. Investors are paying more attention to environmental, social and governance issues, and a growing number of shareholder proposals on these subjects should be expected, say attorneys with Ropes & Gray LLP.
In his new book, "Without Precedent: Chief Justice John Marshall and His Times," professor Joel Richard Paul ably explains more than a dozen of Marshall’s most significant opinions, which comes as no surprise. What is a surprise — a pleasant one — is the book's readability, says Judge Thomas Hardiman of the Third Circuit.