Walgreens Boots Alliance is reportedly close to taking more than 200,000 square feet of Chicago office space, a KKR joint venture is said to have dropped $250 million on a Miami office tower and developer Trammell Crow has reportedly picked up a Florida retail center for $30.1 million.
The federal government slapped a Chicago wholesale meat distributor with a lawsuit Thursday over claims it sold beef and chicken with labels that omitted legally required information despite repeated warnings from the U.S. Department of Agriculture.
The maker of Pyrex glassware has fleeced customers by switching the glass used in its products to one that is sensitive to changes in temperature and prone to shattering even though the cookware is advertised as durable, a proposed class of consumers claimed Thursday in Illinois federal court.
A Citigroup Inc. unit has agreed to pay $100 million to 41 U.S. states and the District of Columbia for manipulating its U.S. Dollar London Interbank Offered Rate submissions in order to dodge bad publicity, prosecutors said Friday.
Akerman LLP announced it has named real estate and municipal law attorney Meg George as its newest managing partner in its Chicago office, making her the youngest woman to serve in a managing partner role for the firm.
An Illinois federal judge on Thursday handed PepsiCo Inc. a quick win in a trademark suit brought by sports nutrition consulting firm SportFuel Inc., saying that Gatorade Co.'s slogan "Gatorade The Sports Fuel Company" is clearly fair use.
The U.S. Department of Justice urged the Seventh Circuit on Thursday to rule by Monday on the agency’s pending bid to stay a nationwide injunction of a prohibition on releasing public safety funds to so-called sanctuary cities, but the court responded hours later denying the request.
An Illinois federal judge agreed Wednesday to compel the turnover of assets from the deceased chief executive of a Chicagoland casino to its bankruptcy trustee, ruling that the CEO had fraudulently transferred them to his wife.
An Illinois federal judge on Thursday rejected a Chicago alderman’s bid to either dismiss or sever bribery and extortion charges from the government’s 15-count case accusing him of engaging in pay-to-play schemes with his constituents in the city’s 20th ward.
Counsel for AndroGel users suing AbbVie Inc. in a multidistrict litigation over injuries allegedly caused by testosterone replacement therapy drugs asked an Illinois federal judge to slap the company with nearly $500,000 in sanctions Wednesday, claiming AbbVie misused a records-collecting process to challenge nearly 1,000 suits.
A Seventh Circuit panel on Wednesday affirmed a lower court's decision to toss a former Deutsche Bank AG client's lawsuit accusing the bank and other financial advisers of breaching their fiduciary duties by advising him to set up an illegal tax shelter, finding he waited too long to sue.
The private equity unit of PPM America Inc. has closed its seventh co-investment fund with $648 million in commitments that will be used to continue to focus on North American middle market buyout and growth opportunities, the company said on Thursday.
An Illinois federal jury found for AbbVie Inc. on Thursday in a trial over claims its drug AndroGel caused a man’s deep vein thrombosis, handing the company a win in the fifth bellwether trial in the testosterone replacement therapy multidistrict litigation.
Health insurance companies are not entitled to billions of dollars in Affordable Care Act funding that Congress has withheld, the Federal Circuit ruled Thursday.
A software company accused of conspiring with competitors to fix prices charged to bankruptcy trustees urged an Illinois federal judge on Wednesday to retain jurisdiction over the suit, arguing that the opposing counsel is seeking hundreds of thousands of dollars in attorneys’ fees in a dispute triggered by a $514.16 deduction.
A former employee at steel maker A. Finkl & Sons Co. hit the company with a proposed class action on Wednesday over its employee timekeeping system that uses handprints to track when workers begin and end their days.
A Hana Asset Management venture has reportedly picked up a Silicon Valley campus leased to eBay for $132.5 million, a GW Properties venture is said to have bought a Chicago gas station and garage for $10.4 million and plans to build retail there, and Vincent Viola's $80 million New York mansion sale has reportedly fallen through.
An Illinois federal judge on Tuesday sent a proposed class action over how PayPal distributes charitable donations into arbitration, ruling the charities can't escape an arbitration provision in the payment website’s user agreement.
U.S. Smokeless Tobacco Co. on Wednesday ducked claims from three former employees that it breached their union contract and intentionally caused them stress leading up to their termination after an Illinois federal judge said the Labor Management Relations Act preempts their claims.
An Illinois appeals panel on Tuesday reversed a nursing home buyer's quick win over the administrator of a woman's estate who claimed it should be on the hook for a $1.5 million default judgment entered in a medical negligence suit against the property's previous owner while it was going through foreclosure proceedings.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
As the data shows, the U.S. Supreme Court's TC Heartland decision last year marked a major milestone in addressing extreme forum selection in patent law, and to some extent the threat of nonpracticing entity litigation abuse faced by startups. But other NPE problems need fixing, say Rachel Wolbers of Engine and Jonathan Stroud of Unified Patents Inc.
Established case law holds that a sports participant has no claim against another participant for injuries sustained during play, unless the co-participant intentionally or recklessly injured the other. In the context of concussion-based litigation, courts have grappled with how to apply that standard to entities far removed from the field of play, say Amy Crouch and Kerensa Cassis of Shook Hardy & Bacon LLP.
Since the White House’s “call to action” for state restrictive covenant reform, over a dozen states have proposed and enacted laws reforming their use by employers. As more and more states answer the “call” and alter an already inconsistent legal landscape, employers that use these types of agreements should review them to ensure compliance, say Kevin Burns and Brian Ellixson of Fisher Phillips.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
A recent survey of companies in the consumer products space reveals caseloads and issues of concern, the growing influence of the Federal Trade Commission, and trends in corporate legal departments’ budgeting, say Erin Bosman and Julie Park of Morrison & Foerster LLP.
Running a successful consumer products company has never been easy. Rapidly evolving technologies, an uncertain economy and changing government regulations appear primed to complicate the already challenging task of navigating legal issues, say Erin Bosman and Julie Park of Morrison & Foerster LLP.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
In April, an Illinois federal judge powered down a proposed class action against VTech Electronics following a 2015 data breach of its internet-connected digital learning toys. But the breach also triggered a Federal Trade Commission enforcement action, resulting in a $650,000 settlement. Both developments illustrate the increasing exposure that the internet of things brings for consumer product manufacturers, say attorneys with Morrison & Foerster LLP.
Despite the partiality some courts have shown to live video testimony, it provides no advantages — and several disadvantages — over the tried-and-true method of videotaped depositions, say attorneys with Skadden Arps Slate Meagher & Flom LLP.