The Obama administration said Tuesday that it will auction off wind leasing rights for more than 742,000 acres off the coast of Massachusetts, nearly doubling the federal offshore acreage for commercial offshore wind energy projects.
The U.S. Supreme Court on Monday refused to weigh in on whether the Federal Circuit correctly ruled that the University of Utah could legally sue the president and other officials at the University of Massachusetts in district court, over control of two genetic treatment patents.
Bain Capital Partners LLC and Goldman Sachs Group Inc.’s agreement to pay a combined $121 million to resolve claims they plotted to suppress prices in leveraged buyouts before the financial crisis might drive five other PE heavyweights also accused in the case to the bargaining table ahead of November's trial.
Bain Capital Partners LLC and Goldman Sachs Group Inc. on Wednesday agreed to pay $121 million to resolve claims they teamed up to deflate prices in leveraged buyouts, and while experts say the move won't halt collaborative deal-making, it's a reminder for firms to keep themselves in check.
With Massachusetts wrapping up its casino licensing race, Law360 spoke with Goodwin Procter LLP's Abim Thomas, a key legal adviser on the state's gambling legislation that authorized the licenses, about what lessons other state regulators should take from Massachusetts' attempt to allow new casino development.
Massachusetts gambling regulators on Thursday indicated they have finished hashing out an arrangement to put an MGM Resorts Inc. unit in line to nab the state's first casino resort license without having to pay an $85 million non-refundable fee before a gambling law repeal effort plays out.
Bain Capital Partners LLC and Goldman Sachs Group Inc. have agreed to pay a total of $121 million to settle a proposed shareholder class action accusing them of conspiring to hold down prices of companies they bought out, according to documents filed in Massachusetts federal court Wednesday.
The Massachusetts Supreme Judicial Court on Wednesday clarified its opinion on how state law would apply to the defense of product liability allegations, finding that auto manufacturers weren’t automatically exempt from defending their dealers if plaintiffs bringing suit failed to allege negligence or design defects.
Major harbors in Boston, Jacksonville and Southeast Texas are getting hundreds of millions in federal spending to deepen them and make them ready for large container ships, with President Barack Obama signing the Water Resources Reform and Development Act on Tuesday.
A Massachusetts appeals court’s revival Friday of sanctions efforts claiming Bingham McCutchen LLP improperly relied on the work-product doctrine to conceal evidence from an opponent serves as a stark reminder that lawyers need to play it safe and seek outside guidance when privilege protections are questionable, and avoid attacking an opponent for failing to present evidence that has been withheld.
The First Circuit on Tuesday refused to revive a shareholder class action against heart pump maker Abiomed Inc. over investigations of its marketing practices, saying the lead plaintiff failed to prove that bringing her demands to the company’s executives would have been fruitless.
The First Circuit on Tuesday upheld a district court ruling rejecting a bid by former Raytheon Co. workers to secure medical monitoring in a proposed class action over exposure to hazardous beryllium, agreeing with the lower court that the plaintiffs' case fails because they haven't proved they suffered subcellular damage.
Texas Roadhouse Inc. on Monday urged a Massachusetts federal court to compel the U.S. Equal Employment Opportunity Commission to comply with discovery obligations, arguing the agency has been uncooperative with requests in its lawsuit alleging the steakhouse chain discriminated against older job applicants.
The U.S. Senate on Tuesday confirmed three nominees for slots on the federal bench in Massachusetts, Nevada and Virginia, including two magistrate judges elevated to full judgeship and a federal public defender specializing in complex white collar cases.
The U.S. Senate on Monday advanced three nominees for federal judicial positions in Massachusetts, Nevada and Virginia, including a contentious Nevada nominee who serves as a federal public defender for complex white-collar cases.
Pharmaceutical giant Merck & Co. Inc. is set to buy Idenix Pharmaceuticals Inc. for about $3.85 billion, the companies said Monday, putting Merck in control of a biopharmaceutical company featuring a "promising" portfolio of potential hepatitis C treatments.
A Massachusetts appeals court on Friday ruled that a group of investors could seek sanctions against Bingham McCutchen LLP for withholding information in their $8 million suit against Merrill Lynch, Pierce, Fenner & Smith, Inc.
Massachusetts-based firm Bowditch & Dewey recently bolstered its labor and employment bench with the addition of a former Edwards Wildman Palmer LLP partner with experience in the health care, insurance and telecommunications sectors to work out of the firm's offices in Boston and Framingham.
In yet another major dual-brand development project for Starwood Hotels & Resorts Worldwide Inc., the hotelier has struck a deal to bring its Aloft and Element flags to a $158 million Boston complex being built by a private equity-backed partnership, it announced Thursday.
Sullivan & Worcester LLP has shored up its Boston office by adding a former Choate Hall & Stewart LLP partner with transactional experience to its tax department, the firm announced Wednesday.