A federal judge has denied a move by The Children's Place Retail Stores Inc. to dismiss a lawsuit filed by shareholders claiming securities fraud.
A former New York Times freelance photographer has settled a dispute over damages in a copyright case he filed accusing the newspaper of using his photographs online without permission.
Six weeks after LandSource Communities Development LLC filed for Chapter 11, the committee of unsecured creditors has selected Pachulski Stang Ziehl & Jones LLP to serve as counsel during the restructuring process.
Internet file-sharing service Lime Wire LLC on Friday argued in a federal court that the judge should dismiss certain claims in the major record companies' ongoing suit against it, calling the case one part of a “much larger, sustained campaign to suppress innovation.”
A judge has extended the time bankrupt American Home Mortgage Corp. has to file its exclusive reorganization plan, but he didn't give the lending company all of the time it wanted.
A federal judge has approved a settlement between American Airlines Inc. and the family of one of the victims of the hijacked plane that crashed into the Pentagon on Sept. 11, 2001.
The judge overseeing Fremont General Corp.'s Chapter 11 case signed off on the subprime mortgage lender's plan to sell a nonbankrupt subsidiary's assets to CapitalSource Inc., accomplishing the main objective of the bankruptcy.
In the face of a challenge from environmentalist and labor groups, California's highest court has ordered bankrupt logger Pacific Lumber Co. to amend the logging plan it submitted under a massive 1996 settlement with the federal and California governments, while otherwise largely confirming the so-called Headwaters Agreement.
Former Refco Inc. President Tone N. Grant asked a federal judge on Friday to sentence him to a “small fraction” of the 16 years former CEO Phillip R. Bennett received because, he said, his role in the alleged fraud was comparatively minor.
Partners are reportedly expected to vote soon on a proposed merger between Akerman Senterfitt and Philadelphia-based WolfBlock LLP, now that the proposal has received approval from the executive committees at both firms.
The U.S. Securities and Exchange Commission lodged a complaint Friday, accusing U.S. Sustainable Energy Corp. and its chief executive officer of operating a pump-and-dump scheme based on untrue claims about the company's biofuel capabilities.
The rash of lawsuits stemming from the collapse of the multibillion-dollar auction rate securities market requires a new breed of securities attorneys who are trial-ready, according to Jones Day securities and shareholder litigation group co-chairs David Carden and Pat Villareal.
Finding that a patent infringement lawsuit brought by Advanced Magnetic Closures Inc. against Rome Fastener Corp. was a “colossal waste of time” predicated on a “tissue of lies,” a federal judge has found AMC and its attorneys, including Abelman Frayne & Schwab, liable for Rome Fastener's attorneys' fees in litigating the decade-long case.
In a setback for generic drugmakers Teva Pharmaceuticals USA Inc. and Dr. Reddy’s Laboratories, a federal appeals court agreed with decisions in two infringement cases that upheld the validity and enforceability of Eisai Co. Ltd.’s patent covering its blockbuster ulcer drug Aciphex.
If the Democrats win the White House and pick up seats in Congress in November, federal employment laws will likely be overhauled to share more common ground with progressive state-law employment regimes like those in New Jersey and California, employment lawyers say.
A court has ruled that Georgia-Pacific Consumer Products LP is not liable for the cost of cleaning up environmental damage caused by four New Jersey paper mills it bought in 1972 because the liability arose under a statute enacted in 1980.
A U.S. appeals court has overturned a National Labor Relations Board ruling that allowed local representatives from the Empire State Council of Carpenters union to distribute pamphlets at an upstate New York shopping mall.
After eleventh-hour negotiations prompted by a judge's rejection of an earlier bid, LandSource Communities Development LLC reached an agreement Friday with its creditors on a debtor-in-possession financing deal worth over $1 billion.
Cree Inc. has lost its summary judgment bid in a patent infringement suit filed by a retired Columbia University professor over light-emitting diode semiconductors.
Weathering a number of recent departures, Thelen Reid Brown Raysman & Steiner LLP is reportedly on the hunt for a merger partner.