Norway's sovereign wealth fund Norges Bank Real Estate Management has bought a minority interest in a Boston office and retail property from TH Real Estate for $290.9 million, according to separate announcements from the companies on Wednesday.
The Massachusetts Appeals Court on Tuesday said the state Department of Environmental Protection was within its rights to deny a license amendment proposal for the development of a harbor based on a wide-ranging review, saying the agency was under no obligation to perform the more limited review requested by the developer.
The First Circuit on Tuesday granted Novartis' bid to dismiss an antitrust suit alleging it used sham litigation to extend a monopoly over the leukemia drug Gleevec, finding that a group of buyers failed to show the pharma giant had no chance of winning its case.
A coalition of state attorneys general has urged the U.S. Department of Housing and Urban Development to leave alone its Obama-era rule on disparate impact liability under the Fair Housing Act, saying it’s already consistent with U.S. Supreme Court precedent.
The First Circuit on Tuesday shut down attempts by the founder of the classic rock band Boston and a former guitarist for the band to revive their battling claims in a trademark infringement dispute over use of the band's name, denying the appeals of both rockers.
A Massachusetts magistrate judge ordered federal prosecutors in Boston on Tuesday to hand over any documents from 10 federal agencies' investigations of opioid manufacturer Insys Therapeutics Inc. that could potentially help the company's former executives fight racketeering and fraud charges.
The First Circuit on Monday agreed to dismiss a tardy retaliation lawsuit filed against Lehman Brothers Inc. by a communications specialist who claimed she was fired in 2008 from the company's former Neuberger Berman unit for reporting that the subsidiary was falsifying information ahead of its bankruptcy.
Two former Endurance International Group Holdings Inc. executives cut a roughly $1.4 million deal with the U.S. Securities and Exchange Commission on Tuesday to resolve allegations they overstated the Massachusetts-based online marketing company's subscriber base by over 424,000 subscriptions in its public filings.
The Massachusetts Appeals Court affirmed the dismissal of a state employee's wage suit against Lemuel Shattuck Hospital, agreeing Monday with a lower court's finding that she failed to exhaust the grievance process and lacked authority to file her overtime nonpayment claims under state law.
A New England masonry union on Monday sued a Massachusetts contractor who allegedly founded a company in an attempt to thwart overdue retirement contributions and continue stonework on old buildings north of Boston, including restoration at the Salem Witch Museum.
The U.S. Securities and Exchange Commission has dropped its investigation into potential violations of the Foreign Corrupt Practices Act by Chinese vaccine maker Sinovac Biotech Ltd., the company announced on Monday.
The founder and former top executives at opioid manufacturer Insys Therapeutics Inc. told a Massachusetts federal judge Monday that they were double-crossed by a doctor who plans to testify against them in the government’s racketeering case in an alleged scheme to bribe doctors to prescribe a fentanyl spray.
Oil and gas company W&T Offshore Inc. said Monday it has raised $361 million in equity capital from a group of investors led by Boston-based HarbourVest Partners LLC to develop up to 14 drilling projects in the Gulf of Mexico.
A Massachusetts federal judge on Monday suggested U.S. Immigration and Customs Enforcement has a duty to consider whether an undocumented immigrant married to a citizen has begun obtaining legal status before removing them, and said the Homeland Security secretary could be held in contempt if the agency violates a proposed injunction barring their removal.
The largest supplier of adult diapers and other incontinence products to patients covered by California’s Medicaid program cannot prevail over a False Claims Act case just because the company settled similar allegations years ago, a Massachusetts federal judge has ruled.
A Massachusetts federal court has told the owner of a U.S. mining company he has defaulted for failure to defend himself in a suit alleging he failed to pay any part of a $5.6 million arbitration award issued to the Sultanate of Oman in a limestone mining dispute.
Consumer Financial Protection Bureau acting Director Mick Mulvaney has replied to a letter from Senate Democrats asking about his decision earlier this year to dissolve the agency’s Consumer Advisory Board, saying he can’t answer their inquiry because it was addressed to him at his other job at the Office of Management and Budget.
General Electric Co. will have to face allegations in Boston that it made inefficient and self-serving investments on behalf of some 240,000 employees participating in a company 401(k) retirement plan, a Massachusetts federal judge ruled on Friday.
A coalition of 15 states, the District of Columbia and others threatened to sue the Environmental Protection Agency over a proposed rule requiring disclosure of the scientific study data behind regulations, saying Friday the coalition will go to court if the agency proceeds with “this misguided effort.”
Dorsey & Whitney LLP, DLA Piper, Epstein Becker Green, Spencer Fane LLP, Minerva Neurosciences and Carlton Fields are among the latest firms to boost their health and life sciences offerings with new hires.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
In the marijuana industry, there is ambiguity surrounding failing businesses because the product remains illegal under federal law. Brett Theisen of Gibbons PC identifies the credit risks associated with lending to, or working with, a marijuana business and highlights key state law solutions for both debtors and creditors.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
Revenue from the federal gas tax — last increased in 1993 — continues to decline, leaving infrastructure critically underfunded. But pilot programs in multiple states have now proven that mileage-based road user fees can replenish the Highway Trust Fund and be implemented practically and fairly, say Joshua Andrews, Charles Stitt and Theodore Bristol of Faegre Baker Daniels Consulting.
As the data shows, the U.S. Supreme Court's TC Heartland decision last year marked a major milestone in addressing extreme forum selection in patent law, and to some extent the threat of nonpracticing entity litigation abuse faced by startups. But other NPE problems need fixing, say Rachel Wolbers of Engine and Jonathan Stroud of Unified Patents Inc.
Since the White House’s “call to action” for state restrictive covenant reform, over a dozen states have proposed and enacted laws reforming their use by employers. As more and more states answer the “call” and alter an already inconsistent legal landscape, employers that use these types of agreements should review them to ensure compliance, say Kevin Burns and Brian Ellixson of Fisher Phillips.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
A recent survey of companies in the consumer products space reveals caseloads and issues of concern, the growing influence of the Federal Trade Commission, and trends in corporate legal departments’ budgeting, say Erin Bosman and Julie Park of Morrison & Foerster LLP.
Running a successful consumer products company has never been easy. Rapidly evolving technologies, an uncertain economy and changing government regulations appear primed to complicate the already challenging task of navigating legal issues, say Erin Bosman and Julie Park of Morrison & Foerster LLP.