5WPR founder Ronn Torossian has reportedly paid $16.9 million for a condo in Manhattan, a Bridge Investment Group venture is said to be close to a deal to pay roughly $113 million for a Chicago office tower and Berkowitz Development Group has reportedly landed $12 million in financing for a Florida retail project.
Two Chicago lenders have sued a now-disbarred personal injury attorney in Illinois state court, claiming that after settling his clients' claims, he pocketed their proceeds and never paid off nearly $900,000 in loans those clients took while pursuing their own claims.
A coalition of Democratic attorneys general cautioned the Consumer Financial Protection Bureau on Wednesday against reading disparate impact liability out of the Equal Credit Opportunity Act, calling the legal theory a "critically important feature of antidiscrimination law" that's been backed by the courts and decades of regulatory interpretation.
A host of obesity advocacy groups and other entities have thrown their support behind a former Chicago Transit Authority bus driver in his appeal of a ruling that allowed the CTA to dodge his Americans with Disabilities Act suit where he claimed he was wrongfully fired because he was morbidly obese.
An Illinois local electricians' union asked the Seventh Circuit on Wednesday to enforce an arbitrator's award reinstating an Ameren Electric Co. worker's employment after finding he was not fired for just cause for having a firearm in a company parking lot, saying the lower court incorrectly reversed the award after finding the arbitrator exceeded his union contract-interpreting authority in handling the grievance.
A subsidiary of energy company Invenergy LLC launched a complaint Tuesday in the U.S. Court of Federal Claims, alleging the U.S. Department of the Treasury withheld more than $500,000 in grant money related to the construction and operation of a $70 million solar facility in Illinois.
The Seventh Circuit had trouble diving into an appeal on Wednesday over an allegedly vague Indiana law prohibiting the sale or transfer of aborted fetal tissue, as it asked both the state university challenging the law and the prosecutors defending it why they didn't first pursue their case in state court.
An Illinois federal judge ruled Wednesday that a professor in Chicago's community college system can’t proceed to trial on claims that the school treated her more harshly than it did male professors when it punished her for requiring students across a series of courses to buy a book she had a financial stake in.
Dentons' Chicago office spent the last year handling the legal work of many of the city's most well-known buildings — including the Willis Tower, the Wrigley Building and the Old Post Office — as well as public records litigation for the Chicago Tribune, drawing on relationships cultivated over its 100-year history in Chicago to dominate in a city known for its legal industry.
A coalition of local governments including those of New York, Chicago and Los Angeles has asked the D.C. Circuit for permission to participate in a challenge led by California to the U.S. Environmental Protection Agency's bid to revisit certain Obama-era greenhouse gas emission standards for cars and light trucks.
A New Jersey federal judge on Wednesday tossed a technology company's complaint against an Illinois law firm over nearly $270,000 in legal fees incurred in underlying patent litigation, ruling that the law firm has no ties with the Garden State.
The U.S. Equal Employment Opportunity Commission told the Seventh Circuit on Tuesday that it doesn't need to rethink its decision to protect the agency from paying CVS Pharmacy $307,000 in attorneys' fees in a dispute over employee separation agreements because the dispute doesn't create a conflict in discretion abuse proceedings.
Swanson Martin & Bell LLP has taken Illinois' trial courts by storm this past year — in one streak securing five defense verdicts within 25 days — and, at the appellate level, convinced the Illinois Supreme Court to take its side in a health care dispute.
A Chicago-area attorney is looking at possible disbarment after the Hearing Board of the Illinois Attorney Registration and Disciplinary Commission found she had engaged in “serious misconduct” including neglecting to follow through on clients’ cases and collecting fees for work she didn’t do.
Two investors voluntarily dismissed themselves Friday from multidistrict litigation in Illinois federal court alleging manipulation of the Chicago Board Options Exchange's volatility index, or VIX.
A Seventh Circuit panel on Tuesday backed a lower court’s decision giving Indiana University a quick win in a suit from a professor who had alleged he wasn’t given tenure because he is black, saying there wasn’t any evidence that would suggest his race was the reason he was denied tenure.
An Illinois federal judge shot down a putative class action from women alleging breach of fiduciary duty by their lead and liaison attorneys in an underlying multidistrict litigation over a Bayer birth control product, finding that the attorneys were not expected to respond to a key motion on their behalf in the MDL.
An Illinois federal judge Tuesday rejected Illinois state court Judge Jessica O'Brien's bid for either acquittal or a new trial after her conviction earlier this year in a $1.4 million mortgage fraud scheme.
The named plaintiff in a proposed class action against Tamko Building Products Inc. over allegedly defective fiberglass roofing shingles threw out his case after a yearslong series of blows slowly whittled the suit down.
State Farm agreed Tuesday to pay $250 million to settle a suit alleging it secretly worked to help elect an Illinois high court justice in order to overturn a billion-dollar judgment against it.
At its most recent meeting, the Judicial Panel on Multidistrict Litigation considered and denied a petition for an MDL proceeding to centralize flood insurance claims arising from recent hurricanes. The decision shows the careful line the panel must walk when considering petitions featuring cases with a variety of circumstances, says Alan Rothman of Arnold & Porter.
While I read with interest Law360's report analyzing the top 20 global law firms of 2018, I also noticed it doesn't tell the whole story. Global networks of independent law firms compare favorably with multinational firms in terms of geographic coverage, legal expertise, and awareness of local cultures and customs, says Glenn Cunningham of Interlaw Ltd.
Attorney Randy Maniloff recently sat down with former Sen. Christopher Dodd at his new office at Arnold & Porter in Washington, D.C. The goal? To discover things we might not know about the author of some of the most important legislation of the last few decades.
As financial organizations must now be included in the same Illinois unitary return as other services providers, it is important that businesses understand their classification and the resulting differences in how receipts must be apportioned to the state, says Christopher Lutz of Horwood Marcus & Berk Chtd.
People with certain personality traits tend to use certain words. A computer analysis of Judge Brett Kavanaugh’s D.C. Circuit opinions reveals that he is highly extraverted, which means that he would be a prominent voice on the U.S. Supreme Court, says Matthew Hall, a professor at the University of Notre Dame.
Five years after the city of Detroit filed for Chapter 9 bankruptcy, experts look at the financial troubles of Chicago and other U.S. cities in this special series.
An educated guess puts the number of new litigation funders launched in the past 18 months at 30 — an astonishing number, with more to come. Is this a blessing to our legal system or something more akin to tulip mania? Maybe both, says Ralph Sutton, founder and CEO of litigation funding firm Validity Finance LLC.
As we reflect on the five years since Detroit’s bankruptcy filing, Pennsylvania’s experience in intervening in its municipalities’ financial distress provides some useful insights on the problems plaguing municipalities as well as lessons for states, says professor Juliet Moringiello of Widener University Commonwealth Law School.
As new communications platforms displace email, the legal industry is awkwardly grappling with complex e-discovery questions. Fortunately, this environment provides a very fertile ground of incentives for innovation in both e-discovery technology and service offerings, says Thomas Bonk of Epiq.
Michigan has taken a very aggressive approach to addressing municipal fiscal insolvency. But the state's emergency manager law fails to consider the unintended consequences of short-term financial adjustments, as seen in the case of Flint, say Eric Scorsone and Samantha Zinnes of Michigan State University.