Bankrupt GST AutoLeather Inc.’s pre- and post-petition lender Royal Bank of Canada took aim Friday at the unsecured creditors committee’s bid to hire investment banker Configure Partners LLC, arguing that the firm is not needed and much too expensive.
Insiders of a now-bankrupt Chicago cab company offloaded its revenue stream to another entity in anticipation of a $26 million personal injury judgment, and also misappropriated $160 million in profits from medallion transactions using the cab company’s money, according to a new suit by a bankruptcy trustee on Thursday.
A group representing nearly 800 licensed taxicabs in Boston argued Friday that Uber Technologies Inc. should not be able to escape antitrust claims from before last year by pointing to a 2016 state law that differentiates mobile-hailed car services.
The U.S. Chamber of Commerce, 10 automobile dealer trade groups and two business and retail trade groups have filed amicus briefs supporting a California Mercedes-Benz dealership’s U.S. Supreme Court petition that employees who advise customers about repair work are exempt from overtime pay under the Fair Labor Standards Act.
A Delaware bankruptcy judge gave Velocity Holding Co. Inc. the nod Friday to tap $25 million of its post-petition financing that the motorsports parts and apparel company hopes will help fund a rework of its more than $400 million in debt that ultimately proposes a handover to first-lien creditors.
The U.S. Environmental Protection Agency's new air chief Bill Wehrum won't just be helping the Trump administration roll back Obama-era rules like the Clean Power Plan, he'll also be taking a close look at the agency's 2009 carbon dioxide endangerment finding and its New Source Review permitting program, he told Law360 in an exclusive interview.
A New Jersey federal judge granted class certification Thursday in litigation alleging that Avis secretly charged car renters for an electronic toll-payment service, noting that the requirements were clearly met by the class of nearly 18 million people united by common questions surrounding whether the fees were properly disclosed.
Purchasers of aftermarket vehicle components urged a Wisconsin federal judge on Thursday to force a Taiwanese parts maker to pay more than $162 million for failing to hire new counsel and effectively abandoning the purchasers' price-fixing lawsuit.
A disbarred attorney and two others were sentenced to between six and 18 months in prison for their role in orchestrating a seven-month money laundering and automobile loan scheme that bilked banks out of loans worth about $696,000, the U.S. Department of Justice said Thursday.
The National Highway Traffic Safety Administration has opened an investigation into a recall involving an alleged defect affecting eight Volkswagen vehicle models that could cause the front driver air bag to fail to deploy during a crash, the agency said in a letter.
Lloyds Banking Group is reportedly in talks to sell its London headquarters for nearly $200 million, Ross Stores is said to have sold a Florida property for more than $16 million, and Hines has reportedly paid more than $200 million for a stake in a Los Angeles project being developed by the Martin family of Martin Automotive Group fame.
In this week’s Taxation With Representation, Marathon Petroleum dropped down $8.1 billion in assets to its master limited partnership, Caesars Entertainment acquired Centaur for $1.7 billion, Shanghai Pharma snapped up the China business of Cardinal Health for $557 million, and OMERS bought Trescal in a $788.6 million deal.
The commissioner of the Tennessee Department of Safety and Homeland Security urged a federal court on Wednesday to toss a proposed class action that accuses him and several counties, cities and their respective clerks of unconstitutionally suspending the licenses of low-income residents, arguing they were rightly suspended under state law.
A California federal judge on Thursday preliminarily approved a deal settling putative class claims for 8,313 car dealership customers accusing the business and its marketer of violating the Telephone Consumer Protection Act, an agreement reached after the case was revived based on a recent Ninth Circuit ruling.
A class of car-part direct purchasers asked a Wisconsin federal judge Thursday to approve a $3.35 million settlement with Taiwanese automotive component maker Jui Li Enterprise Co. Ltd. to resolve a lawsuit over alleged price-fixing on certain aftermarket sheet metal products.
Uber, which for years has faced a legal onslaught targeting multiple facets of its ride-hailing business, is battling allegations of aggressive operating tactics including fostering a culture that allowed sexual harassment and mismanagement to thrive and misclassifying drivers as independent contractors. Here, Law360 examines some of the more high-profile cases that Uber has been embroiled in.
Wanxiang Clean Energy USA LLC and the firm it spun off after buying bankrupt electric carmaker Fisker Automotive urged the Delaware bankruptcy court Thursday to throw out a lawsuit from the liquidating trust challenging an equity sale it says was designed to dilute its stake in the spinoff.
Armstrong Teasdale attorneys for a proposed class of Jeep owners suing Fiat Chrysler over hacking concerns on Wednesday escaped sanctions that had been imposed on them for revealing confidential information, when the Illinois federal judge overseeing the suit found a magistrate judge lacked authority to level the penalties.
The Third Circuit on Wednesday found that investment firm Yucaipa Cos. Ltd. had no standing for its $170 million RICO suit claiming two hedge funds conspired to wipe out its debt claim against bankrupt car hauler Allied Systems Holdings Inc.
The attorneys representing a group of individuals who allegedly received unwanted text messages from Uber asked an Illinois federal court Wednesday for $6.35 million in fees after securing a $20 million settlement, saying the deal is an exceptional result that wouldn’t have happened without their efforts.
Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.
Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.
Attorneys should follow seven key points to ensure that their discovery requests and pleadings are appropriately prepared to overcome common hurdles that may be encountered when requesting production of a personnel file, say Michael Errera and Paul Ferland of Foran Glennon Palandech Ponzi & Rudloff PC.
While Alexander Hamilton is the subject of a hit Broadway musical and renewed biographical examinations, professor Kate Brown takes us down a road less traveled in her book "Alexander Hamilton and the Development of American Law" — showing Hamilton as first, last and foremost an American lawyer, says U.S. District Judge Rodney Gilstrap of the Eastern District of Texas.
There are at least four reasons supporting the need for some form of a mediation group within a law firm, especially in firms with larger practices, according to Dennis Klein, owner of Critical Matter Mediation and former litigation partner at Hughes Hubbard & Reed LLP.
Defending depositions is challenging. The lawyer is the only shield and protector for the witness and the client. The rules of engagement are less than clear, and fraught with ethical perils. Difficult judgment calls often must be made in the heat of battle. This is where lawyers really earn their keep, says Alan Hoffman of Husch Blackwell LLP.
There is a difference between a lawyer or investigator seeking evidence to defend against allegations and correct misrepresentations, and, on the other hand, using duplicitous means to gather information and intimidate alleged victims and journalists. Client advocacy does not mean winning at all costs, says Nicole Kardell of Ifrah Law PLLC.
Today's climate of “alternative facts” has jurors making decisions based on beliefs, emotions and social affiliations that often go unacknowledged or underappreciated. To present their case in the most persuasive manner possible, litigators should consider adapting to their audience when it comes to four psychological factors, say consultants with Persuasion Strategies, a service of Holland & Hart LLP.
Nothing has been more instrumental in my role as a legal recruiter than what I learned from a variety of hedge fund managers, venture capitalists and investment bankers — how to analyze a deal and make a decision quickly. It boils down to the traditional SWOT analysis, says Howard Cohl, director in Major Lindsey & Africa’s emerging markets group.
As law firms begin preparing for their annual budget review, Steve Falkin and Lee Garbowitz of HBR Consulting discuss why firm leaders should give their internal information technology and procurement teams a seat at the table.