A New York federal judge signed off Wednesday on a Danish arbitral award in a dispute involving two surveillance software companies fighting over contract breaches, settling a court case disputing the foreign panel’s decision.
The New York judge who last year threw out a private equity company’s allegations that Hunton & Williams LLC blew a federal trial and failed to secure an undersized judgment said Bison Capital is likely in line for a re-start in the form of an amended complaint.
Kasowitz Benson Torres LLP has received recent notoriety since being tapped to represent President Donald Trump, but its attempt to collect almost $1.1 million from a former client has triggered a dueling suit accusing the firm of engaging in “egregious misconduct” rather than providing the level of legal services expected from counsel to the president.
A New York appellate panel on Wednesday declined to toss a suit accusing a podiatrist of botching a woman's foot surgery, saying the patient properly alleged that the podiatrist had performed the wrong type of surgery.
A New York bankruptcy judge found Wednesday that General Motors Co. is shielded from punitive damages from product liability claims based on its prebankruptcy actions.
A Massachusetts Institute of Technology scientist was arrested Wednesday for allegedly trading Stillwater Mining Co. shares on inside information from his wife, a now-suspended Linklaters associate with knowledge of firm client Sibanye Gold Ltd.'s plan to buy the platinum and palladium producer for $2.2 billion.
A New York federal judge on Tuesday tossed a shareholder suit alleging Wendy’s stagnant stock price was due to a loss of goodwill after the fast food chain refused to participate in a fair-wage program for Florida farm workers, finding no evidence the decision was outside the board’s “wide bounds of defensible business judgment.”
The U.S. Department of Transportation on Wednesday advanced plans to bolster passenger rail service by overhauling key segments of the Northeast Corridor, issuing a much-anticipated record of decision completing an initial environmental review for an up to $153 billion infrastructure upgrade program called NEC Future.
Videogame maker Activision Blizzard Inc. said Wednesday it has sold the first seven city-based teams in its new electronic sports league, with buyers including New England Patriots owner Robert Kraft and Jeff Wilpon, chief operating officer for the New York Mets and part of its ownership group.
A Second Circuit panel on Tuesday rejected requests from Shell Oil Co. and BP Products North America to revisit its decision to revive the Orange County Water District’s claims that oil companies had endangered its water supply by leaking the gasoline additive methyl tertiary-butyl ether.
Venezuela on Tuesday asked a New York federal judge to toss his order enforcing a $36 million award issued to an oil services company in a dispute over the alleged unlawful seizure of its ships, citing the Second Circuit’s decision axing the affirmation of an award in a separate case.
ABM Industries Inc. has agreed to buy fellow facility management company GCA Services Group Inc. from its private equity owners for roughly $1.25 billion, the companies said Wednesday, in a deal steered by law firms Jones Day, Davis Polk & Wardwell LLP and Kirkland & Ellis LLP.
The estate of one of the songwriters of the famed Marvin Gaye song "Let's Get It On” again hit Grammy winner Ed Sheeran and his label, Atlantic Records, with a copyright suit in New York federal court Tuesday, alleging Sheeran’s chart-topping song "Thinking Out Loud" illegally samples the 1973 classic.
The Republic of South Africa told a New York federal judge Wednesday that the true value of the damage notorious rock lobster poacher Arnold M. Bengis did to the country's fisheries is $100 million and asked for a revised forfeiture order to reflect that amount.
David Wildstein, the mastermind behind a political revenge scheme to shut down lanes to the George Washington Bridge, dodged a prison term Wednesday when a New Jersey federal judge sentenced him to three years of probation because he cooperated with the government against his fellow conspirators.
Carefully crafted class theories still succeed. Even if the assault on class actions intensifies, we expect the trend of successful class actions to continue, says Andrew Melzer of Sanford Heisler LLP.
Justice Stephen Breyer discusses the Supreme Court’s role as a check on executive authority and the global influence on U.S. courts, in the first of two articles based on an exclusive interview with the justice. This is part of a series of exclusive Law360 interviews with current and former Supreme Court justices.
The Second Circuit set a particularly high bar for investors bringing securities class actions against foreign companies, decertifying two classes claiming Brazilian oil giant Petrobras concealed a massive bribery scheme, but experts said the news isn’t all bad for plaintiff shareholders as the court also rejected two strict legal standards.
Defunct ticket reseller and alleged Ponzi scheme vehicle National Events Holdings LLC asked a New York bankruptcy court on Monday for permission to sell its remaining stock of 11,000 tickets, saying that if they aren't sold soon, they could become worthless.
A defense attorney for a Chinese businessman accused of bribing United Nations officials laced into a government cooperator during cross-examination on Tuesday, interrogating ex-Ambassador Francis Lorenzo about using his sister and a longtime girlfriend to dodge taxes.
Differences in law, practice and procedure between the U.S. and U.K. legal systems require policyholders and their captives to carefully consider the applicable law and forum for resolving disputes before entering into an insurance or reinsurance policy or contract containing an international arbitration agreement, say attorneys with Reed Smith LLP.
Last month, the American Bar Association published revised guidance regarding an attorney’s duty to protect sensitive client material in light of recent high-profile hacks. The first step in compliance is understanding how your data is being stored and accessed. There are three key questions you should ask your firm’s information technology staff and/or external solution vendors, says Nick Holda of PreVeil.
This month, a New York appeals court ruled that Queens Development Group LLC cannot build a proposed shopping mall near the Mets' Citi Field, revealing a virtually absolutist application of the state's public trust doctrine, and the court's reluctance to expand or grant exceptions to authorized uses of New York state parkland, say Steven Russo and Evan Preminger of Greenberg Traurig LLP.
Read literally, the delay exclusion contained by many commercial property policies would preclude coverage for any loss of revenue incurred, even if the delay is a direct result of a covered cause of loss. However, case precedent shows that it is necessary to reconcile the delay exclusion with the business income or extra expense coverage grant, says Hilary Henkind of Mound Cotton Wollan & Greengrass.
The recent Detention Watch ruling that information in a government contract per se falls outside the Freedom of Information Act’s trade secret and confidential information exemption may prove influential because of its detailed analysis of an often-overlooked element of that exemption. However, this would be undeserved because the New York federal court's analysis is flawed, say John Zabriskie and Jason Britt of Foley & Lardner LLP.
Puerto Rico's recent petition for court protection created the largest municipal bankruptcy in U.S. history. Here, Bradley Wendt of Charles River Associates reviews the legislative process leading to the filing for court protection and analyzes the dominant debt restructuring issues being considered by the court and stakeholders.
One of the easiest ways to improve civil jury trials is to give juries substantive instructions on the law at the beginning of the trial rather than at its conclusion. It is also one of the most popular proposals we are recommending, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
Lateral candidates looking to make the last — or perhaps only — move of their career cannot afford to just stand by and let a law firm’s vetting process unfold on its own, says Howard Flack, a partner at Volta Talent Strategies who previously led lateral partner recruiting and integration at Hogan Lovells.
When a company learns of a problem with one of its products, it may conduct tests and evaluate procedures to assess the issue. The self-critical analysis privilege covers companies seeking to protect records of internal investigations and self-evaluative analyses. But jurisdictions are split regarding whether the privilege exists, and if so, in what contexts, says Jane Warring of Clyde & Co. LLP.
One frequently hears from leading malpractice insurers that one of the highest risk categories for law firms is that of lateral partners not sufficiently vetted during the recruitment process, says Howard Flack, a partner at Volta Talent Strategies Inc. who previously led lateral partner recruiting and integration at Hogan Lovells.