A Walter Investment Management Corp. investor sued the mortgage lender’s board of directors in Pennsylvania federal court on Thursday over allegations they knew about but did not disclose the company’s weak internal controls and involvement in potentially fraudulent practices.
A suburban Philadelphia businessman and star government witness in the federal corruption case against Philadelphia District Attorney Seth Williams conceded under cross-examination Friday that several years of lavish gifts to his “friend” yielded no relief on his most pressing problems.
The politically connected head of a Philadelphia nonprofit mental health clinic was convicted on federal charges on Friday for misappropriating what prosecutors claim may have been up to $1 million in funds from the facility.
Reed Smith LLP has added former shareholder with the boutique employment firm Ogletree Deakins Nash Smoak & Stewart PC as a partner with the firm’s Labor and Employment practice in its Pittsburgh office.
The Philadelphia judge who presided over the trial of abortion doctor and convicted murderer Kermit Gosnell filed suit on Thursday alleging that he was defamed in a new book about the case, which cast him as a member of the city’s “liberal corrupt government.”
In this week’s Taxation With Representation, EQT Corp. buys Rice Energy for $6.7 billion, European telecommunications giant Altice prices the second largest U.S. IPO of 2017, and alcohol maker Diageo plans to pay as much as $1 billion to acquire U.S. tequila brand Casamigos.
The energy sector should prepare itself for a policy shift and the accompanying legal challenges now that the Trump administration has issued executive orders promising to ramp up oil and gas production while reducing federal oversight of the industry, Babst Calland Clements and Zomnir PC has said in a new report.
A Pennsylvania federal judge agreed Thursday to allow the Third Circuit to weigh in on whether he should have granted a motion from Pfizer Inc. to throw out a whistleblower suit accusing the company of pushing illegal off-label use of its antifungal medication Vfend.
A suburban Philadelphia businessman described using lavish gifts — from a $3,000 custom sofa to an all-expenses-paid trip to the Dominican Republic — to cultivate a friendship with Philadelphia District Attorney Seth Williams, as testimony in the latter’s federal corruption trial that continued Thursday.
The Pennsylvania Supreme Court said Wednesday it would not hear an appeal of a decision axing a $14.5 million asbestos verdict on grounds that a trial judge improperly admitted expert testimony stating that every exposure to the carcinogen must be considered a cause of mesothelioma.
A Pennsylvania appeals court agreed Wednesday that a group of Super Bowl XLV ticket holders who were left without seats to the big game should not have been allowed to amend their complaint against the National Football League to include contract, rather than tort-based, claims.
Federal prosecutors told a Pennsylvania federal judge on Wednesday that following the Supreme Court’s Honeycutt decision, they can no longer seek more than $3 million from the former chief engineer of the Sheraton University Hotel in Philadelphia who was sentenced to one year in prison for defrauding the University of Pennsylvania.
Real Estate Investment Trust Xenia Hotels & Resorts Inc. said Thursday it has finalized a $163 million deal to sell a portfolio of five Marriott and Hilton hotels to an affiliate of Summit Hotel Properties Inc.
Environmentalists challenging the Federal Energy Regulatory Commission's approval of Constitution Pipeline Co.’s proposed $683 million natural gas pipeline told the Second Circuit Wednesday that a recent D.C. Circuit ruling that FERC could conditionally approve a pipeline's construction without triggering the Clean Water Act undermines states' authority over CWA permitting.
Justice Sonia Sotomayor discusses her views on writing dissents and the change she hopes they inspire in the law, in the second of two articles based on an exclusive interview with the 111th justice.
The Pennsylvania Supreme Court’s ruling on Tuesday reaffirming constitutional guarantees on the right to clean air and pure water is being hailed as the biggest environmental decision in the state in decades and a harbinger of a new and uncertain era of scrutiny for projects with potential impacts on natural resources.
A onetime MLB Network Inc. broadcaster won a roughly $1.5 million verdict against the channel in New Jersey state court Tuesday over allegations he was wrongfully terminated in the wake of false media reports that he unleashed a profanity-laced tirade while coaching his son’s Little League team, his attorneys said.
Impax Laboratories, which is facing contract claims from Teva Pharmaceuticals over the antidepressant drug Budeprion, argued in Pennsylvania state court Tuesday that Goodwin Proctor LLP can’t represent Teva in the litigation because the law firm previously represented Impax in other matters concerning the medication.
Federal prosecutors shined a spotlight on Philadelphia District Attorney Seth Williams’ financial woes on the second day of his corruption trial Wednesday, as jurors learned how he struggled to pay bills even when earning almost $200,000 annually.
The District of Columbia and eight states that joined the U.S. Department of Justice’s fight against the now-failed merger of insurance giants Aetna Inc. and Humana Inc. urged a D.C. federal judge on Wednesday to approve the parties’ deal over the states’ attorneys’ fees and costs in the suit.
The guessing game around Justice Anthony Kennedy’s possible retirement is reaching a crescendo. Yet the speculation does more than fuel bookmakers’ odds. It draws attention to his pivotal role as the court’s swing vote, says Nan Aron, president of Alliance for Justice.
The capital costs and regulatory requirements of providing safe and reliable water and wastewater service continue to increase. Pennsylvania's Act 12 provides a valuable new tool for municipalities wishing to monetize those assets and redeploy the proceeds, and the recent sale of New Garden Township's wastewater system is a case in point, say attorneys with Dilworth Paxson LLP.
One way to combat juror confusion and boredom is to allow jurors to ask witnesses questions. No federal evidentiary or court rule prohibits it, and every federal circuit court to address the practice has held it permissible, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
Last month, over 80 named plaintiffs whose antitrust claims were consolidated in Philadelphia learned that discovery in their cases will be stayed until August pending a U.S. Department of Justice investigation into the generic pharmaceutical industry. Despite the delay, plaintiffs can use the next several months productively to strengthen their cases, say attorneys with Butler Rubin Saltarelli & Boyd and Adams Holcomb 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.
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.
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.
This is the second in a series of articles discussing ideas proposed by the NYU School of Law Civil Jury Project to resuscitate the American jury trial. In this article, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman argue for setting early and strict time limits in civil jury trials.
In its most recent petition advocating mandatory disclosure of litigation finance, the U.S. Chamber of Commerce simply rehashes the same arguments from its previous failed efforts to convince the Committee on Rules of Practice and Procedure of the dire implications of undisclosed funding relationships, say members of IMF Bentham Ltd.