The Second Circuit on Tuesday asked the Delaware Supreme Court to determine what, precisely, a secured lender must authorize in order to end a lending agreement, in a dispute between a JPMorgan Chase & Co. unit and the unsecured creditors of General Motors Corp.’s bankruptcy company.
General Motors Co. CEO Mary Barra will promise Congress on Wednesday to implement recommendations made in a scathing internal report that exposed a pattern of incompetence that led to a recall of millions of cars for a deadly ignition switch defect.
Perkins Motor Transport Inc., in the midst of a patent infringement suit over its “Road Train” heavy haul trailer, filed a third-party complaint Tuesday against the trailer’s manufacturer, Trail King Industries Inc., which Perkins claims should be held liable in its place.
A Pennsylvania agency on Monday filed an emergency petition asking for a cease-and-desist order blocking for-hire taxi services Uber Technologies Inc. and Lyft Inc. from operating in the state, the same day the city of Seattle reached an agreement to legalize the mobile ride-share companies' services.
Find a firm or a law department with a collegial atmosphere, or create one. Don’t stay in an environment that is uncomfortable or one that does not make you feel like a valued member of the team, says Gayle Sproul, a member of Levine Sullivan Koch & Schulz LLP's executive committee.
While I don’t usually think of it as an old boys’ network, there are times when I’m at a closing dinner, and I notice people looking over in a restaurant — it is only then that I realize I’m the only woman sitting at a table with 13 men and that people are curious as to what is going on, says Monica Shilling, co-head of Proskauer Rose LLP's global private equity group.
The U.S. Supreme Court on Monday refused to hear an appeal from the inventor of automatic hazard lights in a suit seeking to force the National Highway Safety Traffic Administration to allow his patented device to be installed in cars.
Hertz Global Holdings Inc. was hit with a proposed class action Friday in New Jersey federal court accusing the car rental company of defrauding shareholders by filing inaccurate financial reports, following Hertz’s disclosure that it found accounting errors for the past three years.
Ford Motor Credit Co. LLC urged a Maryland federal judge to not remand a proposed class action alleging the company improperly sells vehicles repossessed over defaulted payments, saying Friday that the plaintiff incorrectly argued that some claims in the $8.2 million damages calculation were time-barred.
The New Jersey State Assembly on Monday unanimously passed a bill allowing electric-car maker Tesla Motors Inc. to sell its vehicles directly to consumers in the state, overruling a recent state Motor Vehicle Commission decision.
The U.S. Supreme Court on Tuesday declined to hear a contract dispute between Swift Transportation Co. Inc. and a proposed class of truck drivers, in which the Ninth Circuit held that federal law does not authorize courts to compel arbitration in cases to which the law does not apply,
The Ninth Circuit on Monday overturned a lower court's ruling that several hundred Affinity Logistics Corp. retail store delivery drivers in California were independent contractors, saying that substantial evidence exists to show that Affinity maintained control over the drivers' working conditions.
General Motors Co. said Monday it is recalling 3.16 million cars in the U.S. with an ignition switch defect similar to one that prompted an earlier recall of 2.6 million vehicles, caused at least 13 deaths and 62 crashes and spawned government investigations and scores of lawsuits.
General Motors Co. has repaired only about 155,000 of the 2.6 million vehicles recalled in February due to an ignition switch defect, while the automaker remains adamant that a growing supply of parts will allow it to complete the replacements by October, according to a memo released Monday by congressional investigators.
The European Union's antitrust enforcement arm on Monday cleared Federal-Mogul Corp.'s bid to purchase competitor Honeywell International Inc.'s brake parts business for $155 million only after Federal-Mogul agreed to sell off a pair of brake pad factories to allay the watchdog's competition concerns.
Singapore tiremaker Giti Tire Pte. Ltd. is investing $560 million in a new manufacturing plant in South Carolina, company executives and South Carolina Gov. Nikki R. Haley announced Monday.
Asked to get coffee? Check. Mistaken for a court reporter or a secretary? You bet. Grabbed and kissed by a client? Yes, on several occasions. Propositioned by a partner? More than once. Passed over for a plumb legal assignment, which was instead given to a male colleague? Never, ever, without a spitfire of a fight, says Marguerite Willis, co-leader of Nexsen Pruet LLC's antitrust and unfair competition practice.
People sometimes ask me, “How did you manage to succeed in your career?” My response is always the same, “I just have a lot of friends,” says Sharon Flanery, chairwoman of Steptoe & Johnson PLLC's energy and natural resources department.
Tesla Motors Inc.'s Thursday announcement that it will not sue other companies that use its patented electric car technology leaves critical legal questions unanswered that may discourage anyone from taking up the offer, attorneys say.
The Seventh Circuit on Friday ordered the “scofflaw” owners of a trucking company to pay $600 a month out of their retirement funds until they cover back pay intended as redress for unfair labor practices, or face being taken into custody.