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TOP NEWS
Weyerhaeuser Says $1.5B Pension Move Didn't Harm Retirees
By Ben Adlin
Lawyers for timber producer Weyerhaeuser and State Street Global Advisors urged a Washington federal judge at a hearing Thursday to throw out a proposed class action from retired workers over Weyerhaeuser's transfer of $1.5 billion in pension obligations to a private equity-backed insurance company, arguing that the retirees have failed to establish the deal actually harmed them.
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POLICY & REGULATION
EXECUTIVE COMPENSATION
Delaware Judge Sends Employee Stock Dispute To Trial
By Jarek Rutz
The Delaware Chancery Court has refused to let either side bypass an upcoming trial in a dispute between autonomous-robotics company Seegrid Corp. and former employees over the forced repurchase of stock options, concluding that the case is too fact-intensive for summary judgment and should instead be resolved through live testimony.
Decision attached |
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LITIGATION
Aetna Must Cover Gender-Affirming Surgery, Conn. Court Told
By Aaron Keller
Two individuals from a proposed class of transgender women on Thursday urged a Connecticut federal judge to stop Aetna from refusing to cover gender-affirming facial reconstruction to treat severe depression, anxiety and, in one case, suicidal thoughts, saying the insurer committed sex discrimination while claiming the surgeries were purely cosmetic.
5 documents attached |
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PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
Brief
House OKs $540M For Imperiled Legal Services Corp.
By Emily Sawicki
The "minibus" appropriations bill that the U.S. House of Representatives passed on Thursday includes a lifeline $540 million allocated toward the nonprofit Legal Services Corp. — representing a reduction of $10 million, or 3.6%, compared to fiscal year 2025's budget — whose funding the White House previously suggested should be slashed.
Bill attached |
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