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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The last major U.S. recession struck the legal industry a decade ago, obliterating some law firms and putting a large number of lawyers out of work. Here are a few ways law firms are positioning themselves to not only survive, but thrive when the next big economic downturn hits.
Sen. Chuck Grassley, R-Iowa, chairman of the Senate Judiciary Committee, announced Friday he will take over the Senate Finance Committee next Congress, setting the stage for Sen. Lindsey Graham, R-S.C., to take over the judiciary panel.
The Florida Supreme Court's ruling Thursday that the mere existence of a Facebook friendship between a judge and litigator is not grounds for disqualification drew a “like" from attorneys who applauded the court for a narrow ruling that acknowledges the realities of social media relationships.
The Maryland federal judge in the extraordinary position to decide the future of both the Affordable Care Act and President Donald Trump’s acting U.S. attorney general is an evenhanded and genial jurist known for exhaustively analyzing legal issues, lawyers say.
Facebook General Counsel Colin Stretch, who in July announced he would step down from the position at the end of the year, will stay on as the social media giant's top lawyer into 2019, the company said, as it continues to be involved in a slew of scandals that include investigations into its data privacy practices.
Stevens & Lee PC says it had legitimate reasons to terminate a legal assistant who claims in a federal lawsuit that she was fired for trying to take advantage of family leaves to deal with medical complications she and her daughter faced as she returned to work after giving birth.
The Florida Supreme Court ruled Friday that the state's Judicial Nominating Commission, which is screening candidates for three soon-to-open seats on the high court, can continue with the process and does not have to wait until January to send names to the incoming governor.
A new survey of general counsel found that law department leaders are using more of their budget on internal legal services than on outside counsel, and Facebook Inc. announced it will no longer make its workers who claim they have been sexually harassed arbitrate their claims. These are some of the stories in corporate legal news you may have missed in the past week.
For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
On this week's episode of Pro Say, we take a closer look at CNN's win in a legal battle with President Trump over the White House's ban on reporter Jim Acosta.