One of two Morgan Stanley investment advisers who were fired after the company discovered they had siphoned about $500,000 from the retirement accounts of two clients was sentenced on Thursday to less than two years in prison.
Associate Justice Anthony Kennedy spent his three decades on the high court making a name for himself as a champion of individual freedoms, but he also authored the majority opinion in Ashcroft v. Iqbal that changed corporate litigation so much, it is cited in nearly every dismissal bid and has become the bane of the plaintiffs bar.
Republican Massachusetts Gov. Charlie Baker on Thursday signed legislation that will gradually raise the state’s minimum wage, implement a family and medical leave policy and make a sales tax holiday permanent, according to his office.
The retirement of Justice Anthony Kennedy means that Chief Justice John Roberts is now the U.S. Supreme Court's most important member not just in title but also in reality, empowering him to advance a muscular conservative agenda and perhaps broker deals with outgunned liberals.
A national group of pregnancy centers was summoned to Massachusetts federal court on Thursday to answer a lawsuit from a competitor in the Northeast accusing it of infringing on a trademark brand of financial services that help women and their partners pay for in vitro fertilization, or IVF.
A former federal judge serving as special master in a billing dispute following a $300 million State Street fraud settlement recommended that three law firms, Labaton Sucharow LLP, Thornton Law Firm LLP and Lieff Cabraser Heimann & Bernstein LLP, return up to $10.6 million of $75 million in attorneys' fees in a report unsealed Thursday in Massachusetts federal court.
Private equity-backed retailer BJ’s Wholesale Club Holdings Inc. returned to public markets on Thursday after raising $638 million in an initial public offering, advised by Latham & Watkins LLP, representing the largest in a flurry of seven new IPOs that raised more than $1.7 billion combined.
A putative class of General Electric Co. retirement plan participants blasted the company's attempt to spike their suit, which alleges they lost millions when GE invested their savings in subpar company-managed funds, telling a Massachusetts federal judge Wednesday they can prove the funds underperformed and GE engaged in self-dealing.
DraftKings and FanDuel faced off Thursday against college athletes suing the fantasy sports platforms for using their names and statistical information without permission, with both sides duking it out before the Indiana Supreme Court to determine whether fantasy sports fall within a newsworthiness exception to the Hoosier State’s right of publicity law.
Energy-focused private equity firm Lime Rock Partners said on Thursday that it has closed a $1.9 billion acquisition fund that was steered by Morgan Lewis & Bockius LLP.
An entity managed by Goldman Sachs Asset Management LP said Thursday that it has agreed to acquire a portfolio of solar energy projects from a subsidiary of New Jersey-based South Jersey Industries Inc. for approximately $350 million, in a deal that was guided by Vinson & Elkins LLP and Akin Gump Strauss Hauer & Feld LLP.
Bain Capital LP's private equity arm on Thursday said it will take over European chemical company Italmatch Chemicals SpA through a deal with French investment firm Ardian, with Latham & Watkins LLP guiding the buyer.
Akebia Therapeutics, led by Latham & Watkins LLP, and Keryx Biopharmaceuticals, advised by Goodwin Procter LLP, will merge in an all-stock deal poised to create a $1.3 billion, Massachusetts-based biopharmaceutical company focused on chronic kidney disease, according to a Thursday statement.
High-ranking Republicans on the Senate Judiciary Committee stood firm Thursday on keeping Majority Leader Mitch McConnell's promise to vote this fall on a replacement for retiring U.S. Supreme Court Justice Anthony Kennedy, with one saying Democrats' calls to wait until after the November midterms "ain't going to happen."
Foley Hoag LLP has announced that it is implementing a new parental leave policy that offers up to 18 weeks off in the 12 months after the birth or adoption of a child for all parents, regardless of whether they are the primary caregiver or not.
In his three decades on the high court, Justice Anthony Kennedy authored opinions that changed the rules for federal civil litigation, opened the floodgates for corporations and unions to fund campaign advertisements, and reshaped the legal landscape for women and same-sex couples.
President Donald Trump made it clear Wednesday that the world already knows the name of the person he is going to nominate to replace retiring Associate Justice Anthony M. Kennedy. The question is, which name will it be?
Federal prosecutors cannot force the young-adult son of an insider trading suspect to testify against his father, the presiding judge ruled Wednesday on the third day of a securities fraud trial in Boston.
The First Circuit on Wednesday revived a songwriter’s copyright infringement claims alleging Ricky Martin stole his music after he entered it in a Sony Corp.-sponsored contest, with the panel finding the Puerto Rican pop star wasn’t a party to the contractual provision that required the songwriter to arbitrate his claims against Sony.
As U.S. Supreme Court Justice Anthony Kennedy prepares to step down after three decades on the bench, his colleagues stepped forward to share stories about the man they know as “Tony,” describing a thoughtful coworker who built enduring friendships and made a lasting mark on the legal landscape.
Initially, the First Circuit’s recent decision in Sepulveda-Vargas v. Caribbean Restaurants — a case involving claims under the Americans with Disabilities Act — may seem counterintuitive. But understanding the court's treatment of two features of the ADA’s "essential function" doctrine will help parties navigate the nuances of these types of lawsuits, says John Calhoun of Choate Hall & Stewart LLP.
While the U.S. Supreme Court’s decision this week removing the federal ban on sports betting may appear straightforward, the path toward regulating sports betting across the United States may be anything but simple, say attorneys with Bryan Cave Leighton Paisner LLP.
On May 17, 1954, the U.S. Supreme Court decided Brown v. Board of Education, recognizing a moral and legal truth that should be beyond question in American society. The refusal by some of President Donald Trump's judicial nominees to say whether they believe the case was decided correctly is indicative of the narrow-minded elitism they would bring to the bench, says professor Franita Tolson of the University of Southern California's Gould School of Law.
In deciding whether cloud computing is right for the organization or firm, an attorney must consider cloud computing’s significant impact on the electronic discovery process, say Daniel Garrie, managing partner at Law & Forensics LLC, and David Cass, chief information security officer at IBM Cloud.
While the revamped test for independent contractor status under the California Supreme Court's recent decision in Dynamex Operations West v. Superior Court raises new questions under state law, it also presents opportunities for companies to present new legal arguments (and take new proactive steps) in defense of independent contractor relationships, say Samantha Rollins and Andrew Murphy of Faegre Baker Daniels LLP.
In these politically divisive times, many ask whether our institutions and traditions can help us return to a greater consensus. In days long past, the legal profession could have been counted on to serve just such a function. But lawyers are now just as polarized as everyone else, says Samuel Samaro of Pashman Stein Walder Hayden PC.
After moving into a new law office, tenants often file their signed leases away, figuring that the terms are set for a few years at least. However, leases can be very flexible instruments, and should be reviewed annually even if nothing seems amiss, says Tiffany Winne of Savills Studley Inc.
Based on his experience as a BigLaw associate for six years and now as general counsel for a tech startup, Jason Idilbi of Passport Labs offers some best practices for newer associates — whether they are serving external clients or senior attorneys within their firms.
Many health claims have been made for cannabidiol, a substance derived from the cannabis plant. But producers and retailers of cannabidiol should understand that, while it may be permitted under some state laws, it remains illegal under federal law. They must also avoid claims of benefits that are unsubstantiated, say Brett Taylor and Amy Alderfer of Cozen O'Connor.
The Tax Cuts and Jobs Act made sweeping changes to the Internal Revenue Code. Its international tax provisions — including the transition tax, the foreign-source dividends received deduction, the tax on global intangible low-taxed income and others — have far-reaching implications for state tax systems that broadly conform to the IRC, and present significant compliance burdens for taxpayers, say attorneys with Eversheds Sutherland LLP.