The U.S. Securities and Exchange Commission is investigating Honeywell International Inc.’s accounting of liability for asbestos claims after the company raised its estimate earlier this year by $1.1 billion, the company revealed in its securities filing Friday.
A New Jersey federal judge ruled Friday that while a nonprofit, government-operated health care facility must face a $5 million lawsuit over a child who suffered a shoulder injury during childbirth, it can have its liability capped at $250,000 under a state law limiting damages for charitable hospitals.
MCI Communication Services Inc. has fallen short in its bid to restore a roughly $271 million tax deduction after the New Jersey Supreme Court declined to review a ruling that the business must pay state tax in connection with income derived from canceled debt that was "pushed down" by its parent company, Verizon unit MCI Inc., according to an order made available Friday.
The New Jersey Appellate Division on Friday ordered a new trial for a woman hit in the arm by a piñata stick at a party, ruling that the jury had been given conflicting instructions about the duty of care owed to her by the host.
In advance of a trial that was slated to get underway Monday in Pennsylvania state court, a Johnson & Johnson unit has agreed to settle claims from a Mississippi family who says their son developed breasts after taking the antipsychotic drug Risperdal to treat a conduct disorder.
A New Jersey state appeals court on Friday revived a trampoline park's effort to force arbitration of claims from a couple over their son's injury at the facility because a trial court failed to spell out its reasons for rejecting a defense bid to compel arbitration.
A former Johnson & Johnson employee sued the company Wednesday, claiming she was fired for drawing attention to improper practices and unlawful kickbacks at J&J's Vision Care Institute in Jacksonville, Florida.
Macau-based casino company Studio City International Holdings Ltd. began trading on the New York Stock Exchange on Thursday after cashing in on a $359 million initial public offering, while a pair of biotechnology firms priced their offerings below their original targets.
Horizon Healthcare Services Inc. and CentraState Medical Center Inc. on Thursday announced that they have resolved CentraState's claims in a New Jersey state lawsuit alleging that the insurer's tiered health coverage plan left certain hospitals competitively disadvantaged, leaving only one hospital taking the company to trial next week.
The New Jersey Supreme Court has handed down a reciprocal disbarment to a New York attorney who didn't deny she stole $55,000 from her client but cited numerous reasons, including Donald Trump's presidency, why she should get a second chance, according to a decision and high court order made public Thursday.
Giordano Halleran & Ciesla PC has added as a shareholder a seasoned energy lawyer from Fox Rothschild LLP amid plans of launching an energy and public utilities practice group that would assist clients in making improvements to New Jersey’s energy infrastructure.
A New Jersey state appeals court on Thursday refused to revive a personal injury complaint by a woman who slipped and fell on ball bearings in the Newark Liberty International Airport, ruling there was no proof the cleaning company that could have removed the ball bearings knew about them.
The Third Circuit on Wednesday refused to stop the deportation of a Dominican citizen and longtime U.S. resident, upholding an immigration judge’s finding that the man’s counterfeiting conviction counted as an aggravated felony under immigration law.
A New Jersey judge who asked an alleged sexual assault victim if she could “close her legs” to avert such an attack told a state ethics panel Wednesday that he had been trying to elicit clearer testimony from her, and was not trying to humiliate and embarrass her.
The Third Circuit on Tuesday denied a Russian native’s petition for a new bond hearing in his ongoing immigration detention case as he awaits possible deportation to potentially face criminal fraud charges in Russia that he contends were filed in retaliation for his political opposition to President Vladimir Putin.
The Federal Trade Commission's power to punish past conduct involving consumer fraud or anti-competitive shenanigans is looking wobbly after a one-two punch of court decisions forcing the agency to also identify imminent or ongoing violations when it challenges prior behavior.
After an emotionally fraught confirmation process with sexual misconduct allegations front and center, a new justice joins the Supreme Court bench and brings four female clerks with him. The hires bring gender parity to the court's clerkship ranks for the first time, but will the shift be long-lasting?
Medical device company Si-Bone Inc., advised by Cooley LLP, priced a $108 million initial public offering and saw shares rally upon debut on Wednesday amid volatile market conditions during which at least one other company has delayed its IPO and another lowered its price.
The New Jersey Supreme Court will review whether a split state appellate panel properly ordered a new trial in a medical malpractice suit earlier this year on the grounds that defense counsel wrongly failed to disclose that a doctor’s trial testimony would deviate from his prior statements.
The Financial Stability Oversight Council said Wednesday that it has decided to rescind insurer Prudential Financial Inc.’s designation as a systemically important financial institution, freeing it from enhanced regulatory supervision and leaving no nonbank financial firms classified as “too big to fail.”
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
A New Jersey federal court's decision in Cotto v. Ardagh — the first case to evaluate the employment rights of medical marijuana users in the state — provides persuasive authority that private employers are not obligated to waive or relax their drug testing requirements, say Jill Vorobiev and Melissa Ferrara of Reed Smith LLP.
Over the last two decades, the U.S. Environmental Protection Agency’s efforts to address interstate air pollution under the Clean Air Act have yielded a series of complex federal regulatory programs. However, it's now signaling a method that involves greater deference to states’ analyses and determinations, says Norman Fichthorn of Hunton Andrews Kurth LLP.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
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 Pier D'Angelo, chief pricing and practice officer at Allens.
The insider trading action against certain Fortress securities traders is one more example of the U.S. Securities and Exchange Commission relying upon analytical data to pursue what may be suspicious activity. But a New Jersey federal court's recent decision in the case reinforces that suspicious trades are not enough, say attorneys with DLA Piper.
There are several tools at the disposal of state policymakers — particularly within their state tax codes — to help alleviate some of the financial pressure families face when living at or near the poverty level, say Aidan Davis and Misha Hill of the Institute on Taxation and Economic Policy.
As part of Gov. Phil Murphy’s efforts to “modernize” business taxes, New Jersey recently enacted significant changes to its corporation business tax — furthered by a bill the governor signed on Oct. 4. Meant to provide only "technical corrections," the bill includes even more substantive tax changes, say attorneys from Reed Smith LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.