A high-stakes case at Britain’s highest court that ended in defeat for top poker player Phil Ivey is a seismic ruling with huge ramifications for criminal law and individuals accused of fraud, lawyers say, as it hands more power to prosecutors ahead of several major trials where bankers stand accused of rigging rates and markets.
Apple Inc. urged a California federal court Monday to reject a class certification bid by a group of consumers who accused the iPhone maker of locking them into voice and data plans with AT&T, saying the phone buyers were being “deliberately indifferent” to earlier rulings trimming their case.
A bipartisan group of lawmakers recently introduced new legislation to “modernize and strengthen” the Committee on Foreign Investment in the United States, extending the interagency committee's reach to more types of transactions, adding a mandatory filing component and fees, and adjusting the review timeline. Here, Law360 outlines five of the major changes CFIUS would see if the bill becomes law.
The European Union’s highest court ruled Tuesday that agricultural policy can take precedence over competition rules, but efforts to fix minimum prices for produce like the endives at issue in a French cartel case were a step too far.
A Third Circuit panel on Tuesday expressed skepticism over claims by the attorney representing a group of Philadelphia taxi drivers that Uber’s entry into the city created an illegal monopoly in the vehicle-for-hire market, with multiple judges suggesting the company’s arrival was good for the consumer.
A California federal judge has ruled that consumers cannot seek damages from Qualcomm over its patent licensing practices under federal antitrust law, but she rejected the chipmaker's bid to dismiss state law claims in the proposed class action.
German auto parts manufacturer Kiekert AG has agreed to pay $2.28 million to settle a proposed class action from consumers alleging the company conspired to fix the prices of vehicle door latches, according to documents filed in Michigan federal court Monday.
Missouri Attorney General Josh Hawley said Monday his office has subpoenaed Google Inc. as part of a larger investigation into whether the tech giant’s alleged collection of user data, use of competitors’ content and manipulation of search results violate state consumer protection and antitrust laws.
A U.S. unit of China’s Zhongwang International Group said Monday it has scrapped its planned $2.3 billion takeover, including debt, of private equity-backed aluminum manufacturer Aleris Corp., amid uncertainty about the deal’s ability to secure approval from the Committee on Foreign Investment in the United States.
Qualcomm Inc. on Monday rejected Broadcom Ltd.’s $130 billion takeover bid, contending the offer “dramatically undervalues” the company’s position in mobile technology and comes with “significant regulatory uncertainty.”
The Criminal Cases Review Commission confirmed on Friday that it will review a former Barclays PLC banker’s petition for a final appeal against his June 2016 conviction for rigging the London Interbank Offered Rate.
A top European Union court gave a U.K. broker-dealer a partial win on Friday by annulling parts of the European Commission’s decision to fine it nearly €15 million ($19 million) in 2015 for alleged involvement in cartels linked to the rigging of Japanese Yen interest rate derivatives.
AT&T’s bid to buy Time Warner bubbled into public controversy amid speculation over a possible sale of CNN, but experts say because the companies don’t have any competitive overlap, it should be a candidate for clearance without the U.S. Department of Justice demanding any divestitures.
The head of the U.K.'s Serious Fraud Office hit back Thursday at critics of the country's young deferred prosecution agreement program, saying the deals let prosecutors focus on charging individuals rather than winning nominal convictions of corporations.
Allergan PLC and several related companies lost their bid to exit an antitrust suit by end purchasers of an ulcerative colitis drug as a Massachusetts federal judge on Thursday denied their attempt to kill the claims and granted certification to a class of buyers.
The Ninth Circuit’s refusal to let two Asian airlines use federal price regulations to dodge antitrust damages claims warrants U.S. Supreme Court review because the ruling allows courts to improperly interfere in regulatory frameworks, the airlines have argued.
A top Federal Communications Commission official said Thursday that the agency uses a flexible approach to analyzing the competitive effects of mergers in the telecommunications sphere, indicating that market definitions and other analytical tools employed by the regulator adapt with changing technologies and market realities.
The full Second Circuit said Thursday it will not reconsider a decision dismissing a Libor-rigging case tainted by compelled statements made in the U.K. — leaving the government to live with the limit on cross-border enforcement or appeal to the U.S. Supreme Court.
Qualcomm can’t accuse Apple of unfair competition for allegedly threatening to end their business partnership if the chipmaker went public about disparities in iPhone speeds, a California federal judge said Wednesday in an order that also found Apple couldn’t assert that nine of Qualcomm’s patents were invalid.
A startup hit the Florida Bar and a Sunshine State law firm specializing in traffic ticket defense with an $11.4 million lawsuit Wednesday for allegedly engaging in anti-competitive conduct that cost the company $3.8 million.
A nonprofit hospital in New York can sell discounted prescription drugs to an affiliate’s employees without breaching antitrust restrictions on different pricing for the same products, Federal Trade Commission staff said in an opinion released Tuesday.
As widespread claims of sexual misconduct continue to surface in the entertainment industry and beyond, a discussion of how judges treat workplace discrimination cases may be particularly timely. Here, U.S. District Judge John McConnell reviews the book "Unequal: How America’s Courts Undermine Discrimination Law," by professors Sandra Sperino and Suja Thomas.
In this series, attorneys explore the challenges and rewards of pro bono volunteering in the legal profession.
Preparing witnesses to be deposed is a critical element of discovery. It is important to remember that each witness is an individual with unique personal qualities, strengths and weaknesses. Getting to know the witness helps establish rapport and trust, says Alan Hoffman of Husch Blackwell LLP.
Exelon Corp. and Sidley Austin LLP have been working together on both short- and long-term pro bono matters for the past 10 years. We offer a glimpse of how we got started and what we have done in the hope that other corporate legal departments and law firms might find ways to work together to meet the legal needs of the poor, say Kelly Huggins, pro bono counsel at Sidley Austin, and Margaret Balsley-Cross, assistant general counsel at Exelon.
As a master certified barbecue judge with the Kansas City Barbeque Society, I have noticed that the top pitmasters follow a consistent process in approaching each and every competition. Their "secret sauce" — employing project management principles — can also help lawyers achieve success, says Anthony Rospert of Thompson Hine LLP.
The justice gap is a well-documented problem and over the past two decades, law firms have mobilized attorneys to provide millions of hours of pro bono every year. But for many in-house counsel, there remains a big hurdle — restrictive multijurisdictional practice rules, says Eve Runyon, president and CEO of Pro Bono Institute.
To the extent that companies have tolerated predominantly male leadership in the past because it was deemed necessary for growth and prosperity, or viewed diversity and the underrepresentation of women strictly as human resources issues, a growing body of research suggests otherwise, say Andrea Mitchell and Valerie Hletko of Buckley Sandler LLP.
Within their first year, associates should make it a priority to take on a pro bono matter and approach a partner about supervising the project. By collaborating with a partner on a pro bono case, young associates can cultivate sponsorship relationships while simultaneously contributing to the public good, say Michael Scudder and Jay Mitchell of Skadden Arps Slate Meagher & Flom LLP.
As a new attorney, it was astonishing to realize how little I knew. I soon began to appreciate that everyone I met had a unique take or way of doing something. Many things I learned during that first year from my colleagues are still incorporated into my practice today, says Patrick Mendes of Tyson & Mendes LLP.
There are various barriers to corporate pro bono work, including lack of malpractice insurance coverage, limited resources, and the transactional nature of the majority of in-house legal work. But at the end of the day, we’ve overcome many of these barriers, says Ann Warren, associate general counsel of Duke Energy Corp.