A Kraft Foods Inc. subsidiary has fallen short in its bid to avoid taxes on roughly $934 million in interest payments it made to its Chicago-based parent company after the New Jersey Supreme Court declined to review a ruling that the business was ineligible for a tax deduction, according to an order made available Wednesday.
A Missouri state judge on Wednesday declined to nix the $4.69 billion verdict in favor of 22 women in the first trial over claims that asbestos in Johnson & Johnson’s talcum powder causes ovarian cancer, saying substantial evidence at trial supports the award.
Senate Minority Leader Chuck Schumer, D-N.Y., likely sank the hopes of about three dozen judicial nominees for being confirmed any time soon, saying Wednesday he would object to advancing any of them swiftly before the end of the year.
The Port Authority of New York and New Jersey, which owns the World Trade Center, won a ruling Tuesday dismissing accusations of trademark infringement from a group that quietly bought the rights to the famous name in the 1980s.
Aerospace powerhouse Lockheed Martin Corp.'s Moorestown, New Jersey, unit has been awarded a $585 million, five-year contract to manufacture a Hawaii-based missile defense radar in an effort to counter evolving threats, the U.S. Department of Defense said Tuesday.
A New Jersey appeals court on Wednesday tossed a property owner’s trial win in a slip-and-fall case, ordering a new trial because the property owner’s attorney improperly gave jurors information during closing arguments that had not been admitted into evidence.
A retired New Jersey municipal court judge accused of taking unapproved payments, including nearly $12,000 for himself, from a state fund dedicated to the administration of backlogged drunken driving cases during his time on the bench urged an ethics panel on Wednesday to go easy on him, insisting he’d been in the dark about the fund’s authorization paperwork protocol.
The New Jersey Supreme Court has agreed to consider whether a Merck & Co. Inc. shareholder may access corporate records that were largely created based on his demand for the pharmaceutical giant's board to sue itself and company executives over what he claimed was Merck's reckless acquisition of Cubist Pharmaceuticals Inc.
Celgene Corp. urged a New Jersey federal judge Tuesday to reject Mylan Pharmaceuticals Inc.’s bid to add three consumer witnesses in its antitrust case against Celgene over cancer drugs Thalomid and Revlimid, or at least sanction Mylan through attorneys’ fees and costs in connection with additional discovery related to the witnesses.
Holders of bonds issued by Petróleos de Venezuela SA have urged the Third Circuit to overturn a decision allowing Crystallex International Corp. to seize shares in Citgo's parent company, saying it could jeopardize their interests as creditors of the state-owned oil company.
The Third Circuit has refused to disturb a bankruptcy court's liquidation of a legally embattled New Jersey college professor's assets in furtherance of a bank's long-stalled foreclosure on her home, ruling Monday that she never raised any "meaningful challenge" to the move beyond her disagreement with it.
The former spouse of deceased NFL player Jeffrey Komlo appealed a district court’s affirmation of federal taxes and penalties, telling the Third Circuit on Tuesday that the lower court wrongly extended the IRS’ deadline to sue for the funds owed.
The Department of Commerce on Monday told the U.S. Supreme Court that a lower court had improperly challenged an agency action by ordering extra-record discovery, including the deposition of Commerce Secretary Wilbur Ross, in a suit over the inclusion of a question about citizenship status on the 2020 census.
Nine eastern U.S. states and the District of Columbia on Tuesday announced plans to develop a regional cap-and-invest system aimed at slashing carbon emissions from the transportation sector, echoing the Regional Greenhouse Gas Initiative that uses cap-and-trade to reduce carbon emissions from power plants.
The New Jersey Appellate Division on Tuesday upended a trial court ruling forcing arbitration of class claims that a car dealership charged a “hidden fee” to customers trading in used cars as part of their vehicle purchases, saying an agreement did not state that disputes could only be resolved via arbitration.
A woman suing Johnson & Johnson for allegedly misleading consumers by putting “natural” labels on its baby wash has asked a Connecticut federal court to approve a $2.4 million settlement that would also certify a multistate class of baby wash buyers, calling the deal “an excellent result.”
Anyone who thinks that legal ethics is a sleepy area of the law didn't live through 2018. The year saw major decisions about conflict waivers and defunct firm clawbacks, among other meaty topics, and enough head-shaking news springing from the special counsel probe into the presidential election to make one dizzy. Here, Law360 highlights some of the biggest ethics and professional conduct stories of 2018.
General counsel from various industries were forced into the spotlight and held publicly accountable this year — either because they allegedly behaved inappropriately or were accused of handling internal situations poorly — as the #MeToo movement swept through corporate America and its in-house law departments.
A New Jersey federal judge on Monday refused to toss a proposed class action accusing Quest Diagnostics of unlawfully making unsolicited phone calls to collect debts, ruling that the plaintiff had sufficiently alleged that the equipment used to place the offending call qualified as an "autodialer" under the Telephone Consumer Protection Act.
The New Jersey Assembly on Monday unanimously approved legislation earmarking $50 million for natural resource damage restoration projects out of the state’s $225 million settlement with Exxon Mobil Corp. over contamination from its refineries and gas stations.
The just-completed midterm elections could be called the “cafeteria midterms,” because there was something for everyone. The results offered both encouragement and warnings for Democrats and Republicans looking to 2020, says Frank Donatelli of McGuireWoods Consulting LLC.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game, and journalism trends.
Conflict preemption was at the heart of the Third Circuit’s recent analysis in Sikkelee v. Precision Airmotive, where the majority shifted precedent to inject state law into federally regulated aviation design, says Alexis Kellert of Weil Gotshal & Manges LLP.
Attorneys should think beyond the Veterans Day parades and use their time and talents to help the many veterans facing urgent legal issues, says Linda Klein of Baker Donelson Bearman Caldwell & Berkowitz PC.
Laws on coupons and rebates for alcoholic beverages vary across the country. Ascertaining the legal status of digital coupons, which may not have been envisioned when a state's laws were written, creates additional wrinkles for companies, says Alva Mather of DLA Piper.
The Ninth Circuit's decision in Durnford v. MusclePharm Corp. — like two other recent decisions — highlights the balancing act between regulatory standards and truth-in-advertising principles. Compliance with standards doesn't always mean advertisers are in the clear, says Terri Seligman of Frankfurt Kurnit Klein & Selz PC.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
Given their recent track record and growing policy power, state attorneys general should be the group everyone is watching on Election Day. Chances are the winners of these races will move to higher offices soon enough, says Joshua Spivak, senior fellow at the Hugh L. Carey Institute for Government Reform at Wagner College.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.