The state of New York, along with several other jurisdictions, pressed a Manhattan federal judge Friday to issue a nationwide injunction blocking the Trump administration from cutting off law enforcement funding for so-called sanctuary jurisdictions, arguing new conditions for the funds are unlawful and unconstitutional.
The U.S. Securities and Exchange Commission settled two actions involving initial coin offerings Friday by levying its first fines against unregistered ICOs and requiring the companies to properly register the tokens as securities, outlining what the regulator later referred to as “a path to compliance with the federal securities laws going forward.”
Democrats have strengthened their presence in state-level law enforcement after flipping the attorney general's office in several state in the midterm elections, gains that some financial services experts say could make for a tougher enforcement landscape for banks and other financial services firms.
A Delaware bankruptcy judge on Friday postponed action on Starion Energy Inc.’s attempt to bar Massachusetts from potentially retaining millions of dollars of its assets as the state pursues a consumer protection action against the company for alleged deceptive marketing practices.
Attorneys general from 12 states have urged the Trump administration to promptly reverse a policy that has allegedly impeded the release of unaccompanied immigrant children from U.S. Department of Health and Human Services custody to their family members or designated sponsors in the U.S.
A Massachusetts federal judge on Friday confirmed a confidential arbitration award to certain Lloyd's of London underwriters following a reinsurance dispute with Century Indemnity Co. that stemmed from decades-old sexual molestation allegations involving the Boy Scouts of America.
A bipartisan pair of senators introduced legislation Thursday aimed at staunching the flood of robocalls to consumers’ phones, laying out harsher penalties against marketers and scammers who use automatic dialing devices and giving the Federal Communications Commission more power to go after lawbreakers.
Tesaro is reportedly considering a sale, Eli Lilly and Co. is mulling selling off a Chinese off-patent drug portfolio, and Technicolor SA is weighing options including selling off part or all of the business.
The attorneys general for 13 states and the District of Columbia have filed an amicus brief with the First Circuit supporting Massachusetts' long-standing ban on assault weapons and large-capacity magazines, saying states have the right to pass gun restrictions to protect their residents.
A slew of large cities and small towns submitted comments to the Federal Communications Commission on Thursday opposing a new proposal to limit in-kind contributions to local franchising authorities, saying it violates the language of the Cable Communications Policy Act that allows localities to collect fees.
In this week’s Taxation With Representation, SAP SE inks an $8 billion cash deal for Qualtrics International Inc., Veritas Capital and Elliott Management affiliate Evergreen Coast Capital takes Athenahealth private for $5.7 billion, and Johnson Controls sells its power solutions business to Brookfield Business Partners for $13.2 billion.
Massachusetts retail electricity supplier Starion Energy Inc. sought refuge in Delaware bankruptcy court late Wednesday, saying it needed a Chapter 11 shield while battling a Commonwealth consumer protection action that threatened the business and more than $30 million of its cash.
In our latest roundup of deal makers on the move, a former U.S. Securities and Exchange Commission veteran joins White & Case LLP's capital markets team, Hinckley Allen & Snyder LLP added a new M&A and corporate pro in Boston, and Goodwin Procter LLP snagged a Gunderson Dettmer initial public offering specialist.
Shareholders in a real estate investment trust want to put the brakes on a proposed $4.7 billion merger with another REIT, filing suit in Boston federal court Thursday saying the companies left out key information in a filing with the U.S. Securities and Exchange Commission ahead of an upcoming board vote.
The parent company of music and movie retailer FYE and a Meredith Corp. subsidiary were hit with a proposed class action in Massachusetts federal court Wednesday alleging they duped consumers into signing up for “free” offers that actually led to monthly charges.
Centrexion Therapeutics Corp. has reportedly decided to postpone its plans to go public, Apollo Global Management and Gores Group have lobbed bids for engine parts maker Dayco Products, and JD Group is selling FTLife Insurance Co Ltd.
A shampoo labeling flap appears headed for a $2.33 million settlement after a Massachusetts federal judge gave his preliminary stamp of approval late Wednesday in a dispute involving a proposed class suing beauty products retailer Ulta and shampoo maker Sexy Hair Concepts LLC.
A major player in an alleged conspiracy to bribe doctors to prescribe fentanyl-based drugs from the company Insys Therapeutics is prepared to plead guilty, prosecutors said Wednesday in a filing in Boston federal court.
The one-year prison term U.S. District Judge Allison D. Burroughs imposed Wednesday on a former Bank of America executive who embezzled $2.7 million by hoodwinking nonprofits was not the sentence she originally had planned.
DraftKings this week said it will open a pair of retail sportsbooks in New Jersey and Mississippi, continuing its expansion from a daily fantasy sports app company into a full sportsbook as states begin to legalize sports betting.
A recent wave of state and local legislation aims to correct the disparate impact of a seemingly innocuous interviewing practice — asking a candidate about his or her salary history, say Amy Traub and Amanda Van Hoose Garofalo of BakerHostetler.
Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.
Thanks to the passage of ballot measures in this month's elections, Missouri, Colorado and Michigan have joined 13 other states that use independent commissions or other bipartisan or nonpartisan means to create legislative or congressional districts, or both, to combat gerrymandering, says Rich Ehisen of State Net Capitol Journal.
Fielding v. Commissioner of Revenue is the most recent in a series of cases that have used the U.S. Constitution to curtail the ability of states to impose their income taxes on nongrantor irrevocable trusts. Toni Ann Kruse and Melissa Price of McDermott Will & Emery LLP discuss the implications of this trend.
Now that the results of the 2018 election are (mostly) in, Evan Migdail and Melissa Gierach at DLA Piper LLP consider what a Democratic House, Republican Senate and Trump administration may be able to accomplish in the way of tax policy during the lame-duck session and the upcoming 116th Congress.
Only four U.S. states currently require paid family leave programs, leaving private employers across most of the country with the decision of whether to provide such leave to their employees, says Kathryn Barcroft of Solomon Law Firm PLLC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.
With few cases going to trial, many attorneys keep their oral-presentation skills sharp by teaching continuing legal education programs. To avoid giving a CLE that falls flat and damages your reputation, you must fashion a thoughtful message, control its presentation, and nail the beginning and ending, says Daniel Karon of Karon LLC.
Last week's midterm elections changed the regulatory landscape for energy and the environment in three subtle yet significant ways, say attorneys with Kirkland & Ellis LLP.
Since the oldest members of Generation Z aren’t even finished with law school yet, law firm management is in a unique position to prepare for their entrance into the legal workforce, says Eliza Stoker of Major Lindsey & Africa.