A proposed class of traders suing Kraft over its alleged manipulation of the wheat futures market shouldn’t get expert reports from a parallel U.S. Commodity Futures Trading Commission suit, the food giant told an Illinois federal judge Monday, arguing the material would give them an unfair advantage.
Federal Communications Commission Chairman Ajit Pai essentially ground the proposed Sinclair-Tribune merger to a halt Monday by announcing he will refer it to the agency's administrative law judge for review, charting a rough road for the companies to gain approval for their deal. Here's a look at three challenges the deal will face if it moves forward.
McDonald’s Corp. got hit Monday in Illinois county court with a product liability suit claiming the hamburger chain was negligent when it sold defective salads containing a microscopic parasite responsible for intestinal infections, even though the company voluntarily stopped selling the salads after state and federal officials launched an investigation.
General Electric Co. had no responsibility to protect a welder who worked at nuclear power plants from dangerous levels of radiation because the federal regulations that set an exposure limit only apply to the licensees of the plants, an Illinois federal judge said in dismissing the welder’s suit.
An Illinois-based natural food ingredient sourcer slapped China-based Shanghai Pecenp International Co. with a lawsuit, saying the company’s salmonella-contaminated jalapeno powder caused Frito-Lay to recall its products and lose $19.8 million.
Federal Communications Commission Chairman Ajit Pai said Monday morning that he is asking his fellow commissioners to refer Sinclair Broadcast Group Inc.’s proposed merger with Chicago-based Tribune Media Co. to an administrative law judge for review.
An unsecured creditor trustee for bankrupt Claire’s Stores Inc. called for a month or more delay Friday in action on the company’s Chapter 11 plans and schedule, citing concerns about process flaws, insider control and unanswered questions about current proposals.
Patelco Credit Union has reportedly bought a building in California for $55 million, Beacon College Prep is said to have dropped $8.45 million on a Florida charter school and a Sterling Bay venture is reportedly buying office and parking space at a Chicago tower for more than $300 million.
Mayer Brown LLP's Chicago office has added a former Jones Day banking and finance partner with an expertise in private credit, part of a wave of hirings the firm said are meant to flesh out its global finance practice.
The state of Illinois accused the federal government Thursday of illegally withholding $6.5 million in funding for local law enforcement over an alleged state "sanctuary" law, saying the statute invalidating nonjudicial immigration detainers does not conflict with federal immigration enforcement efforts.
The Federal Communications Commission received a flood of comments on the proposed $3.9 billion Sinclair-Tribune merger Thursday, the last day for the public to weigh in on the latest proposal, with the vast majority of commenters opposing the deal.
An Illinois federal judge on Thursday dismissed the remaining claims in a disability discrimination suit against Winston & Strawn LLP, ruling that a former firm secretary hadn't been able to prove that the alleged discrimination was different from the treatment nondisabled employees received.
An Illinois federal judge on Thursday granted Swarovski AG a preliminary injunction and preserved its access to more than 250 alleged counterfeiters' online operations to advance the jeweler's trademark suit over allegedly knockoff products.
McDonald’s announced Friday it will stop selling salads at thousands of its locations across the Midwest, after public health officials in Iowa and Illinois linked an outbreak of cyclospora infections to contaminated lettuce in the fast-food chain’s salads.
An Illinois federal judge rejected SuperValu Inc.’s bid for sanctions against whistleblowers it accused of destroying key evidence to their claims it overcharged the government for medicine, saying Thursday the issue seems more like a case of miscommunication than bad-faith conduct.
An AAR Corp. unit is being investigated by the U.S. Department Justice over alleged False Claims Act violations related to its work for the U.S. Department of Defense, the company has revealed, saying the investigation stemmed from a whistleblower suit filed by a former employee.
Senate Democrats have so far shied away from grinding the chamber to a halt over D.C. Circuit Judge Brett Kavanaugh's nomination to the U.S. Supreme Court, saying this week they are trying instead to persuade Republicans to oppose President Donald Trump's pick for the seat.
The Seventh Circuit on Thursday affirmed the dismissal of a proposed class action against Kohl’s Corp. over allegations the department store chain and its top executives defrauded investors ahead of revelations about some major accounting errors, saying the investors hadn’t shown that the company's leadership intended to do wrong.
Seven major fast-food chains including Carl’s Jr., Buffalo Wild Wings and McDonald's have agreed to end the practice of preventing their employees from moving among franchise locations through the use of so-called no-poach clauses, under a deal announced Thursday by Washington State Attorney General Bob Ferguson’s office.
Cook County Circuit Court’s executive committee on Wednesday reassigned a judge who dropped his gun in a county courthouse to nonjudicial duties until further notice in light of a criminal charge he faces over the incident.
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.
Notwithstanding the latest salary war among prominent law firms, I urge my middle-aged and older colleagues to help the recent graduates we know focus on the long term. Even if the salary is the same, there is a big difference between an institutional firm and the relatively younger firms matching BigLaw, says J.B. Heaton, a University of Chicago business law fellow and former partner at Bartlit Beck.
Some distressed municipalities — including Atlantic City, New Jersey, and Hartford, Connecticut — have recently restructured outside of Chapter 9, through legislation and negotiations. But such fixes are intensely political in nature and are entirely dependent on the will of government officials, say Lawrence Larose and Samuel Kohn of Norton Rose Fulbright.
Law professor Nathalie Martin's new book, "Lawyering From the Inside Out: Learning Professional Development Through Mindfulness and Emotional Intelligence," can be of value to any lawyer aiming to achieve greater productivity, relieve the stress of the legal profession and focus on goals, says U.S. District Chief Judge Denise Page Hood of the Eastern District of Michigan.
The Chapter 9 bankruptcies of Vallejo, San Bernardino and Stockton have left a legacy of challenges facing California municipalities that seek to restructure their obligations. These cases show that a comprehensive restructuring remains illusory because restructuring pension obligations is legally complicated and politically sensitive, says Karol Denniston of Squire Patton Boggs LLP.
The blockbuster e-discovery cases, with big sanctions and bigger controversies, have been few and far between this year. But that doesn’t mean the legal questions around e-discovery have been answered. Let’s take a closer look at three cases worthy of our attention, says Casey Sullivan, an attorney at discovery technology provider Logikcull.
In the five years since Detroit filed for Chapter 9 bankruptcy, people have wondered which big city will be next. But the next big-city bankruptcy will not be about one local government in crisis. It is more likely to be a crisis involving many overlapping local governments, in a place like Chicago, say Adam Levitin of Georgetown University and David Schleicher of Yale University.
Later this week, Harvard Law students will begin bidding on interview slots with the nation’s top law firms. Our institutions owe it to their students not only to require firms to disclose mandatory arbitration provisions in new associate contracts, but also to bar employers from on-campus recruiting if they require these provisions, says Isabel Finley, a third-year student at Harvard Law School and president of the Harvard Women’s Law Association.
The newly introduced STATES Act would alleviate most of the issues that financial institutions face in providing services to marijuana-related businesses, say attorneys with Dykema Gossett PLLC.