Morgan Stanley is reportedly finalizing a deal to lease 125,000 square feet from Blackstone at Willis Tower, Dalian Wanda is said to be putting a Chicago mixed-use property and a California development up for sale, and L+M Development has reportedly bought a New York apartment complex for $43 million.
Global banking giants Deutsche Bank, UBS and HSBC agreed to pay a combined $46.6 million Monday to settle separate civil allegations by U.S. commodities regulators that their traders engaged in an illegal practice known as spoofing in an effort to manipulate precious metals markets.
The U.S. Merit Systems Protection Board must hear a Bureau of Alcohol, Tobacco, Firearms and Explosives agent’s claims that his superiors retaliated against him for reporting alleged wrongdoing by a fellow agent, a Seventh Circuit panel ruled Monday.
Indianapolis-based private equity firm Hammond Kennedy Whitney & Co. Inc. on Monday was denied a quick win against Honeywell International Inc., despite HKW's insistence it wasn't liable for the millions the appliance conglomerate must pay to clean up a chemical spill on the former owner's property.
For the third time in as many months, former Cook County Judge Jessica O’Brien’s bid to escape an indictment alleging she orchestrated a $1.4 mortgage fraud was denied Monday, striking yet another blow to her defense strategy just a few days after her co-conspirator admitted guilt in the case.
John Crane Inc. wants another shot at unlocking hundreds of millions in excess insurance coverage to cover tens of thousands of asbestos suits, telling an Illinois state appeals court that a lower court erred when it found the manufacturer failed to show that its primary coverage has been exhausted.
An Illinois appellate court on Friday revived a suit accusing a doctor of misdiagnosing a patient’s heart condition and contributing to his death, ruling that the lower court was wrong not to allow the patient’s family to add a new expert witness.
WestRock Co. said Monday it will take over fellow packaging and paper materials company KapStone Paper and Packaging Corp. in a $4.9 billion deal that will provide a significant boost to its product portfolio and enhance the company’s geographic reach.
A Canadian natural gas company allegedly made dozens of unsolicited phone calls to consumers in Illinois and beyond, violating the Telephone Consumer Protection Act with calls made by an autodialer, according to a putative class action filed in Illinois federal court Friday.
Kmart Corp. could face sanctions if it doesn't close a deal on a property linked to the settlement of a long-running False Claims Act suit by noon on Monday, an Illinois federal judge said Friday.
Jeep owners accusing Fiat Chrysler Automobiles of overcharging them for vehicles that are vulnerable to hacking urged an Illinois federal court Friday to uphold its decision to keep the proposed class action alive, saying FCA cited an unpublished opinion in its bid to toss the suit.
The Commodity Futures Trading Commission on Friday sued a pair of former Deutsche Bank AG traders for allegedly engaging in manipulative trading or “spoofing” in the market for precious metals futures, as the U.S. government continues its crackdown on the practice.
An Illinois federal jury on Friday rejected an Arizona man's claims that AbbVie Inc.’s AndroGel caused his pulmonary embolism, handing a win to AbbVie in its third bellwether trial in the multidistrict litigation over testosterone replacement therapy drugs.
The National Hockey League and the parents of deceased player Derek Boogaard traded arguments at the Seventh Circuit on Thursday over whether the district court had authority to hear the couple’s wrongful death case, filing dueling briefs that focused on the relationship between the suit's claims and the league’s collective bargaining agreement.
The co-defendant of an Illinois state judge charged with running a $1.4 million mortgage fraud scheme prior to her time on the bench pled guilty Friday to the single count of mail fraud she faced from the ploy.
A class of consumers suing over Conagra’s “natural” labeling on Wesson cooking oil blasted the company and its attorneys at McGuireWoods LLP on Wednesday, calling their bid to transfer the multidistrict litigation to Illinois federal court “desperate and dishonest” and accusing Conagra of “buyer’s remorse.”
Farmers accusing Monsanto Co. and other chemical manufacturers of making a defective crop-damaging herbicide told the Judicial Panel on Multidistrict Litigation in Miami Thursday that the extensive discovery common to all of their suits warrants consolidation in Missouri.
A man who says a former Sidley Austin LLP lawyer committed malpractice in handling his father's estate has asked the U.S. Supreme Court to review an Illinois law that dramatically decreases the statute of limitations for legal malpractice in certain cases, saying the six-month deadline applied to him violates the Equal Protection Clause of the Constitution.
Less than a year after arguing before the U.S. Judicial Panel on Multidistrict Litigation against consolidation of lawsuits alleging a cooling system made by a LivaNova PLC unit exposed patients to a bacteria during open heart surgery, the medical device manufacturer reversed course and on Thursday asked a panel in Miami to create an MDL in South Carolina.
Electronic health record software giant Allscripts Healthcare Solutions Inc. was hit with a putative class action in Illinois federal court on Thursday, alleging a ransomware attack on the company last week disrupted service to tens of thousands of doctors and hospitals, and put patients’ lives at risk.
When defending claims involving Medicare, it is important to consider whether they may be preempted by state or local laws. An Illinois federal court's recent decision in Mayberry v. Walgreens highlights just how far Medicare preemption can reach, say attorneys with Ropes & Gray LLP.
During the holiday season, employees are more likely to request time off or call in sick. For retailers, however, this time of year typically means increased customer demand, staffing challenges and potential for more wage and hour exposure. Given these issues, attorneys at Greenberg Traurig LLP offer a few tips for retailers to keep in mind.
The U.S. Supreme Court’s May 22, 2017, decision in TC Heartland, which overturned decades of accepted practice on how to evaluate the proper venue for patent litigation, has been lauded by some as ushering in a new era in patent litigation. Others — including some federal judges who have been applying TC Heartland — have found the decision to be much less significant, say Nathan Speed and Stuart Duncan Smith of Wolf Greenfield & Sacks PC.
Although the Seventh Circuit recently vacated a preliminary injunction that required two competing software companies to allow a third-party data scraper access to their sites and data, the case highlights the complex intersection of big data, copyright, antitrust and the Computer Fraud and Abuse Act, says Benjamin Byer of Davis Wright Tremaine LLP.
Are the latest books on the judicial system worth reading? Federal judges share their thoughts in this series of book reviews.
Law firms are businesses where partners operate with significant autonomy. To see their priorities translate into individual partner action, firm leaders should use a few collaborative strategies, suggests Hugh A. Simons, former senior partner of The Boston Consulting Group and former COO of Ropes & Gray LLP.
Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.
In the past two years, we witnessed a wave of putative class actions filed under Illinois’ Biometric Information Privacy Act, with the rate of filings increasing exponentially in recent months. Insurers should take note of their potential coverage obligations under various policies, say Jonathan Schwartz and Colin Willmott of Goldberg Segalla LLP.
Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.
Attorneys should follow seven key points to ensure that their discovery requests and pleadings are appropriately prepared to overcome common hurdles that may be encountered when requesting production of a personnel file, say Michael Errera and Paul Ferland of Foran Glennon Palandech Ponzi & Rudloff PC.