A Chicago federal judge on Monday rejected a request by FBOP Corp., the owner of several failed banks, and a trustee to dismiss the Pension Benefit Guaranty Corp.’s effort to recover $30 million from a tax refund that the PBGC said was supposed to have never been paid out.
The Seventh Circuit on Monday affirmed the dismissal of claims arising from a $5.5 million purchase of a bacteria company that allegedly concealed product-quality issues, finding the buyer could not legally prove bad faith even if there were dubious practices behind the scenes.
The Seventh Circuit has ruled that four of the nation’s biggest online travel agencies do not owe back taxes to 13 Illinois cities that alleged they had been underpaid hotel taxes collected on rooms booked via the internet services.
Balfour Pacific Capital has picked up a pair of office buildings in Itasca, Illinois, for $78.3 million, Crain's Chicago Business reported on Monday. The deal is for the 15-story 500 Park Blvd. and 16-story One Pierce Place, which are 85 and 88 percent leased, respectively, Crain's said. The buildings last traded hands in 2011 for $74 million, according to the report.
The Seventh Circuit ruled Wednesday that an immigrant woman wasn’t eligible for a form of deportation relief known as cancellation of removal because she had violated a restraining order, even though she has five dependent children, one of whom is a cancer survivor.
An Illinois financial adviser accused of running a $5.2 million scheme to steal clients’ money and lie about investing it pled not guilty in federal court Monday to the single count of wire fraud he faces over the alleged six-year scam.
United Kingdom-based professional services firm RPC and Chicago-based BatesCarey on Monday both announced partner hires from two different Sedgwick offices, a week after the troubled San Francisco-based firm told employees it would close early next year.
Food product developer Rivo USA has sued foodmaker Arro Corp. in Illinois federal court, accusing it of making more than 6,000 cases of inedible chocolate chip cookie mix that got pulled from Wal-Mart Stores Inc. shelves and destroyed after complaints that it caused a burning sensation in consumers’ mouths.
An Illinois federal judge halted the city of Chicago’s lawsuit against Equifax Inc. over its massive data breach on Sunday, saying the case should wait until a decision is made on whether to consolidate it with 250 other suits in multidistrict litigation.
A California federal judge on Tuesday transferred a putative class action alleging that sports equipment manufacturer Riddell and parent company BRG Sports Inc. lied about the protection that its helmets offered against concussions, agreeing with former college football players who argued that Illinois was the proper venue.
Ropes & Gray LLP has chosen Neill Jakobe, a co-leader of its private equity industry group, as the new managing partner for its Chicago office, the firm announced Tuesday.
After a California federal judge barred the Trump administration from tying federal funding to compliance with its immigration policies, experts say Chicago seems primed for a win at the Seventh Circuit as it defends its case challenging new conditions on federal public safety funds.
As the work of reforming the federal tax code took a temporary timeout for Thanksgiving, opponents of legislation that would fully or partly eliminate deductions for state and local taxes didn’t let up in their fight, despite increasingly long odds they would succeed in changing lawmakers' minds when they return from their break.
The U.S. government sued an Illinois couple Tuesday, alleging they failed to pay over $1 million in personal federal income taxes since 1997.
CondoCerts.com, a web database that sells statutorily mandated certification documents to people selling condos in Illinois, was hit with a $5 million putative class action from sellers who claim it's illegal for the website to charge "more than the reasonable cost of copying those documents."
Dometic Group has agreed to pay $875 million to buy SeaStar Solutions from American Securities LLC, the companies said Wednesday, adding to the Swedish recreational vehicle company's portfolio a provider of vessel control, fuel systems and system integration to the marine industry.
An Illinois federal judge has ruled for the U.S. Equal Employment Opportunity Commission in a suit alleging a maker of train components hid behind false concerns that 38 job applicants might develop carpal tunnel syndrome, saying the company's decision to deny them work was based on unreliable tests.
A Seventh Circuit panel Tuesday vacated a 10-year sentence for a former attorney who pled guilty to wire fraud after the government discovered he had swindled clients for years by stealing settlement proceeds, ruling that the lower court didn’t allow him to address the judge before sentencing.
An Illinois federal judge granted romance novelist Donna Fasano and Amazon.com Inc. an early win Tuesday in a copyright infringement suit brought by an author alleging Fasano copied the plot of the book "Reclaim My Heart” from her own unpublished book, "The Promise of a Virgin."
Illinois attorneys who represented a whistleblower in an unsuccessful suit against former U.S. House Speaker Dennis Hastert for alleged misuse of government funds are seeking to overturn sanctions imposed on them for pursuing the litigation in the face of what the court deemed case-ending evidence.
In their new book, "The Judge: 26 Machiavellian Lessons," do Ronald Collins and David Skover prove their thesis that hypocrisy is the key to judicial greatness? Some of the examples they present are hard to dispute, says Judge Alex Kozinski of the Ninth Circuit.
In the 20 years since the U.S. Supreme Court endorsed the sham affidavit doctrine — precluding creation of “genuine” factual issues by witnesses contradicting their own previous testimony — it has been important in many medical product liability cases, and practitioners should be aware of significant examples, says James Beck of Reed Smith LLP.
Financial Crisis Anniversary
After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.
While it lends more than $100 million each year to our nation’s college students — including law students — the U.S. Department of Education surprisingly limits loan counseling to one-time entrance counseling for first-time student borrowers. Is this rational? asks Christopher Chapman, president of AccessLex Institute, a nonprofit focused on access to legal education.
At least 26 employment class actions alleging violations of the Illinois Biometric Information Privacy Act have been filed in Illinois state court from July to October 2017. Attorneys with Proskauer Rose LLP discuss employers’ obligations under BIPA, the substantial damages the statute enables employees to recover on a classwide basis, and potential defenses that employer-defendants are likely developing.
As was demonstrated by the Seventh Circuit's recent decision in Allen v. City of Chicago, in order to decrease exposure to Fair Labor Standards Act violations it is important for employers to have overtime and overtime-reporting policies in place, as well as training on those policies and measures to ensure that they are being followed, says Todd Shadle of Godwin Bowman & Martinez PC.
New legislation aimed at closing the pay gap between men and women may undo business practices that, even if benevolently motivated, result in disparate pay. Despite this laudable objective, these laws create a litany of challenges for employers and may necessitate a wholesale revision of policies and practices related to employee compensation, says Charles Thompson of Polsinelli.
Several recent judicial decisions have considered the validity of “loser pays” and cost-shifting clauses in arbitration agreements. The most compelling arguments have invoked unconscionability and overriding public policy considerations, but even where courts have rejected those arguments, their decisions reveal how to successfully attack such clauses, says Brian Laliberte of Tucker Ellis LLP.
Critics of legal tech companies will often say, “Trust a reputable attorney that understands you, your situation and the law.” As an attorney, I wholeheartedly agree. But from the consumer’s perspective, the message seems out of touch with the digital age, says Jeff Unger, founder of the law firm eMinutes.
The shift to electronic filing has somewhat eased the task of reviewing briefs and their supporting files. An e-brief takes e-filing to the next level, says Christine Falcicchio, a principal at Strut Legal Inc.