A real estate tax lawyer and powerful Chicago politician who represented President Donald Trump until May averred to cooperate fully with the federal authorities who raided his offices Thursday, seizing computer equipment and boxes of papers.
The Seventh Circuit on Wednesday revived a wine store owner’s suit claiming Illinois’ alcohol distribution law that bans out-of-state wine retailers from shipping directly to consumers in the state is unconstitutional, finding that questions remain about the justification of the law.
A woman charged with helping her boyfriend facilitate an insider trading scheme once they learned Life Time Fitness Inc. would be taken private pled guilty Thursday to a conspiracy charge for her role in the operation.
The Kraft Heinz Co., advised by Paul Weiss Rifkind Wharton & Garrison LLP, has inked a $200 million deal for Primal Nutrition LLC in a move to bolster its better-for-you offerings, the Pennsylvania-based food giant said Thursday.
Residents of a Chicago suburb have urged an Illinois federal judge to send back to state court three lawsuits over claims that sterilization company Sterigenics knowingly emitted cancerous chemicals from a local facility for decades without disclosing the risks, saying their suits don't implicate the Clean Air Act, only state law claims.
The Boeing Co. is facing a putative shareholder class action in Illinois federal court accusing the company of concealing defects in the controls of a 737 model that may have caused a crash that killed 189 people in Indonesia last month.
Canada Pension Plan Investment Board on Thursday said it agreed to invest $500 million in Oak Hill Capital Partners-owned Berlin Packaging LLC, with Weil Gotshal & Manges LLP steering the pension fund company and Paul Weiss Rifkind Wharton & Garrison LLP guiding the private equity firm.
A group of current and former employees of an Indiana hospital have told an Illinois federal court they have settled their suit accusing the hospital of underfunding its pension plan and then wrongly cutting back participants' benefits when the plan was terminated.
AbbVie Inc. urged an Illinois federal judge on Tuesday to toss a proposed class action over a corrective disclosure released after a stock buyback effort that shareholders said cost them $100 million, arguing that the investors failed to make any adequate fraud or negligence claims.
Cyrus Capital Partners could team up with the Sears chairman’s hedge fund to bid for Sears, Murphy Oil Corp. is reportedly discussing a deal to sell Malaysian oil and gas assets, and Unilever is the leading bidder for GlaxoSmithKline’s Indian consumer health unit.
A developer accused of failing to pay more than $96 million related to mortgages on parcels of land in Mexico urged an Illinois federal judge Tuesday to throw out a lawsuit by lenders, saying the business and its owner do not have significant ties to the state and can't face claims there.
An Illinois federal judge has ordered a pharmaceutical wholesaler to fork over $5.7 million to a class of medical professionals who said they received unwanted faxes promoting the company’s medication dispensing program, casting aside the company’s argument that individual claims must be sorted out.
Chicago Alderman Willie Cochran is set for a June trial on federal corruption charges that include bribery and extortion after he cited “broken down” plea negotiations during a Wednesday hearing.
The Seventh Circuit upheld on Monday a lower court's dismissal of a former Oneida Nation of Wisconsin housing authority employee's suit alleging she was fired for reporting funding misuse because the suit names various employees of the agency instead of the agency itself.
Kolcraft Enterprises has slammed Chicco USA Inc.'s attempt to get a new trial in Illinois federal court and avoid a $3.2 million decision over a playpen patent, calling Chicco's motion a "kitchen sink assault" that largely reiterates arguments the court has already rejected.
A New York bankruptcy judge Tuesday gave Sears Holding Corp. permission to take out more than $2 billion in debtor-in-place financing after last-minute talks and bidding cleared up creditor objections to a portion of the financing agreement.
The Chicago-based record label that owns the copyrights to the well known "Super Bowl Shuffle" song has hit Fox Sports and several affiliates with a $1 million suit in Illinois federal court, claiming the network used portions of the music and video without permission.
A proposed class of consumers slammed an attempt by The Hertz Corp. to escape a suit accusing it of repeatedly making unwanted robocalls, telling an Illinois federal court Monday that their amended complaint resolves Hertz’s claim that the class was inadequate.
Nielsen Holdings PLC asked an Illinois federal judge on Monday to transfer a putative class action suit to New York’s Southern District, saying the suit belongs in the same venue as “substantively identical” and earlier-filed suits over the company's liability for sharp drops in its stock price.
Chicago-based specialty lender Monroe Capital LLC has wrapped up its latest private credit fund after collecting $1.33 billion from limited partners, marking the largest fundraise in firm history, according to a Tuesday statement.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
Given their recent track record and growing policy power, state attorneys general should be the group everyone is watching on Election Day. Chances are the winners of these races will move to higher offices soon enough, says Joshua Spivak, senior fellow at the Hugh L. Carey Institute for Government Reform at Wagner College.
Speaking recently to the International Association of Chiefs of Police, President Donald Trump called for stop-and-frisk practices in Chicago to reduce violent crime. But beyond the negative consequences of this approach, data supporting its effectiveness is sparse, say Dr. Tara Lai Quinlan and Northeastern University School of Law professor Deborah Ramirez.
Can litigants use the powerful Texas Citizens Participation Act in the Fifth Circuit? The upcoming decision in Klocke v. Watson is likely to resolve this question, but that answer could be short-lived if the U.S. Supreme Court resolves the circuit split over state anti-SLAPP applicability, say April Farris and Matthew Zorn of Yetter Coleman LLP.
In this edition of Illinois Tax Talk, Christopher Lutz of Horwood Marcus & Berk Chtd. reviews the Illinois state taxation and apportionment of partnership income earned by corporate partners.
In two recent cases, Illinois courts have begun to chip away at the separation between an insurer and defense counsel when that counsel is chosen by the insurer. These incorrect rulings create confusion about whose interests counsel is representing, say Brian Bassett and Kyle Dickinson of Traub Lieberman Straus & Shrewsberry LLP.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.
The outcome of next week's election remains uncertain, but it is possible to predict some of the policy changes and legislative initiatives likely to arise during lame duck and 116th congressional sessions if Democrats regain a majority in the House of Representatives, say Evan Migdail and Melissa Gierach at DLA Piper LLP.
Provisions in the recently passed Federal Aviation Administration reauthorization significantly enhance the ability of U.S. public entities to obtain the operational and financial benefits of private airport management by leasing airports to private airport operators, says John Schmidt of Mayer Brown LLP.