Jones Day’s Chicago office snagged another tax partner last week in the form of a former general counsel for the Illinois Department of Revenue and partner at Reed Smith LLP.
Illinois Northern RSUI Indemnity Co. argued Monday it is not required to defend an Illinois racetrack operator against a $21 million suit alleging fraudulent money transfers, saying it falls under a policy exclusion for cases related to its bribery of former Gov. Rod Blagojevich.
Forty states on Monday defended their lawsuit against six generic-drug manufacturers alleging they divided the market and fixed the price of an antibiotic and a diabetes treatment, saying they have the authority to seek an injunction and monetary relief under federal antitrust law.
Labaton Sucharow LLP has increased its Securities and Exchange Commission whistleblower practice from one partner to four with the addition, announced Tuesday, of three former SEC and Department of Justice officials.
Target has reached an $18.5 million settlement with 47 states and the District of Columbia to resolve the states’ investigation into the company’s 2013 data breach — the largest multistate data breach deal ever reached, according to a statement by multiple states’ attorneys general on Tuesday.
A putative class of AutoZone consumers suing over the sale of 40,000 allegedly defective and dangerous timing-chain tensioners for Chrysler V-6 engines hit back at the retailer and its supplier on Friday, accusing AutoZone and parts manufacturer S.A. Gear Co. Inc. of falsely representing facts in response to a motion for class certification.
An Illinois appeals court on Monday affirmed a trial court’s finding that the director of the state’s Department of Public Health broke the department’s own rules when he unilaterally denied an unnamed man’s petition to add chronic postoperative pain to the list of diseases the state’s medical marijuana law covers.
Bradley & Riley PC will open a new Chicago office under the new name Bradley Riley Jacobs PC after snagging Shook Hardy & Bacon's Chicago office head, a veteran litigator, to lead the venture.
American Physicians Assurance Corp. on Monday asked an Illinois federal court to force a surgical center suing the insurer for negligence to turn over a settlement it reached with Lowis & Gellen LLP after APAC and the law firm’s actions allegedly led to a $5.2 million medical malpractice verdict against the center.
HomeAway.com on Monday filed a federal lawsuit seeking to keep the city of Chicago and its consumer protection bureau from enforcing a new ordinance the vacation rental marketplace said violates federal law and the U.S. Constitution by unclearly and unfairly regulating its platform.
A Chicago psychiatrist was sentenced to three years probation and a $100,000 fine Monday by a judge who questioned why it took the federal government so long to indict him for trying to procure a U.S. citizenship test waiver for at least one immigrant patient.
A fee-sharing deal between a Chicago personal injury firm and another lawyer is enforceable despite a failure to expressly state that both sides had a financial responsibility for the workers' compensation cases, the Illinois Supreme Court has ruled.
Illinois-based SunCoke Energy Partners LP, a master limited partnership that makes metallurgical coal used in steel-making, said Friday its subsidiary priced a downsized, high-yield bond offering of $630 million to private investors, marking the latest coal company to tap capital markets.
Former Illinois Gov. Rod Blagojevich asked the Seventh Circuit to take on his case for a third time on Friday, petitioning for the full court to reconsider whether his 14-year sentence is still appropriate given that several of his corruption convictions were thrown out.
An attorney with Prenda Law who pled guilty in March to scheming to extort millions in fraudulent copyright infringement settlements from people who downloaded pornographic movies has agreed to be disbarred, according to the Illinois Attorney Registration and Disciplinary Commission.
The Illinois Supreme Court on Thursday censured Illinois attorney Dmitry Feofanov for concealing his client's death while representing him in a consumer fraud case, continuing to appear in court and make settlement demands to the defendants without revealing that his client had died.
Chicago Mayor Rahm Emanuel's office on Friday laid out a plan to borrow $389 million to get the Chicago Public Schools to the end of the school year and make most of a larger-than-anticipated $721 million pension payment at the end of June.
An Illinois federal judge Friday greenlit a $5.2 million deal that ends a dispute between Kmart Corp. and a class of banks forced to reimburse customers after a data breach, though the judge said his ruling was subject to his review of some settlement distributions.
Target, Walgreens and Wal-Mart must face the bulk of claims brought by consumers in multidistrict litigation over the contents of the companies’ herbal supplement products, an Illinois federal judge said Friday.
Counsel for a ticket broker who said the Indianapolis Colts unfairly rescinded his season tickets after he paid to renew them faced skepticism in the Seventh Circuit on Friday, with one circuit judge saying she believed the team had that right.
While there are still very few district court decisions within the Ninth Circuit to have analyzed the relationship between the Affiliated Ute and the fraud-on-the-market presumptions of reliance since the U.S. Supreme Court’s 2014 Halliburton decision, plaintiffs are increasingly attempting to plead both theories, as demonstrated by several recent decisions, say Michele Johnson and Colleen Smith of Latham & Watkins LLP.
In the 45 years since the U.S. Supreme Court's ruling in Affiliated Ute, the Seventh Circuit has cited it 145 times. The most significant of these decisions was the court's rejection of the “fraud created the market” theory as an extension of Affiliated Ute, says Julie Goldsmith Reiser of Cohen Milstein Sellers & Toll PLLC.
Does discrimination based on gender include sexual orientation? With its decision in Hively v. Ivy Tech Community College, the Seventh Circuit recently said yes. But this answer won’t help everyone, says Phillis Rambsy of the Spiggle Law Firm.
Over the last 45 years, Affiliated Ute has, in the Third Circuit, spawned primarily four lines of cases, each addressing a distinct issue raised by that ruling. The most vexing issue, particularly in cases that involve misrepresentations and omissions, is when the presumption applies and when it does not, says John Harnes of Chitwood Harley Harnes LLP.
As the number of states legalizing marijuana use continues to grow, the federal government maintains — and indeed perhaps may soon begin to strengthen — its stance of illegality. Therefore, employers will continue to face more issues and uncertainties, say Ruth Rauls and Jason Ross of Saul Ewing LLP.
Despite an increase in engagement with client feedback programs over the last 15 years, law firms — and their clients — have a way to go before realizing the maximum benefits such programs can deliver, says Elizabeth Duffy of Acritas US Inc.
The rebuttable presumption of reliance adopted by the U.S. Supreme Court 45 years ago in Affiliated Ute threatens to supersize the expanded basis for omission liability signaled by Leidos v. Indiana Public Retirement System, which the court will review next term, say attorneys with Murphy & McGonigle PC.
Following the abrogation of Form 18 in December 2015, what does it mean to state a claim of direct patent infringement? Eric Kaviar of Burns & Levinson LLP recently reviewed all of the substantive district court opinions grappling with this question. Here's what he found.
Litigation over the Section 546(e) safe harbor has been on the rise in the last several years and the defenses against these suits have been furious. This makes the U.S. Supreme Court’s decision to review FTI Consulting v. Merit Management even more important, say Brian Koosed and Robert Honeywell of K&L Gates LLP.
The U.S. Supreme Court has reduced the giant oak that is Rule 10b-5 to a stump with one withered branch — the narrow scope of liability under Rule 10b-5(b). The court must retrace its steps back to Affiliated Ute, which recently turned 45 and was the court's last decision before it adopted the false star Blue Chip Stamps, says Gary Aguirre, a former staff attorney at the U.S. Securities and Exchange Commission.