Tencent-backed Chinese fashion retailer Mogu raised $66.5 million through an initial public offering priced at the low end of its range Thursday, represented by Skadden Arps Slate Meagher & Flom LLP while Davis Polk & Wardwell LLP advised the underwriters.
A New Jersey appellate court Thursday revived a woman’s slip-and-fall suit against BJ’s Wholesale Club that was inadvertently dismissed and lay dormant for two years while her attorney dealt with health issues, ruling there’s no prejudice to the retailer in allowing the litigation to be reinstated.
Lewis Brisbois Bisgaard & Smith LLP is reportedly taking 24,000 additional square feet in downtown Los Angeles, British toy retailer Hamleys is said to be close to leasing roughly 30,000 square feet in New York from REIT SL Green and Mercantil Bank has reportedly loaned $10 million for a recent Florida industrial property purchase.
A Chinese toy company accused Hasbro Inc. in federal court of breaching a trademark licensing agreement for a line of toy trucks, alleging that the global toy conglomerate miscalculated the royalty payments the Chinese company owed by millions of dollars.
A Manhattan federal judge on Thursday sentenced former finance executive Randy Wang to 18 months in prison for using the corporate credit card of his former employer, OneWorld Management Co., to go on a $2.3 million electronics shopping spree, hiding the purchases and reselling the goods for cash.
Ogletree's Evan Moses uses unconventional strategies to boost the firepower of his class action practice, including a homegrown Monte Carlo algorithm, earning him a spot on our 2018 list of Data-Driven Lawyers.
Nine West Holdings Inc. has asked a New York bankruptcy court to approve an additional $22 million in debtor-in-possession financing, saying it now expects to exit its contentious Chapter 11 at least a month later that it originally planned and needs the additional cash.
A star of “The Real Housewives of New Jersey” and her lifestyle brand must fork over more than $610,000 to retailer Vineyard Vines LLC for continuing to rip off its famous whale logo trademark despite a court order barring further infringement, a Connecticut federal court held on Wednesday.
E&A Property Management has reportedly bought a Florida grocery store-anchored shopping center for $12.4 million, Landmark Cos. is said to have landed $71 million in financing for a California hotel, and Branch Banking & Trust has reportedly loaned $18.5 million for the recent purchase of a Florida retail center.
MasterCard Inc. has reached an agreement with German rail company Deutsche Bahn AG to settle claims it broke European antitrust laws by pumping up the prices on bank-to-bank credit card charges in a suit that was set to be heard before the United Kingdom’s highest court.
The U.S. Trustee’s Office has asked a New York bankruptcy court to reject Sears Holding Corp.'s request to retain boutique law firm McAndrews Held & Malloy Ltd. to handle intellectual property matters unless it gets more information on what the firm will be paid.
Blackstone is reportedly getting ready to float health care and retirement benefits services provider Alight Solutions, Mogu is set to raise roughly $67 million when it goes public in the United States, and Brazilian state-owned oil giant Petrobras could be forced by the nation’s antitrust enforcer to offload refineries.
Valero Marketing and Supply Co. won't face a class action by gas station customers after a California federal judge found it would be too complex to sort out which debit card-using customers had swiped their plastic thinking they would receive a discounted cash price.
Major jewelry retailer Zales misled consumers about the extent of coverage in a lifetime repair plan it sold with its jewelry, according to a proposed class action removed to California federal court Monday.
Kilpatrick Townsend’s Kate Gaudry has used data analytics to supercharge her patent prosecution practice, uncover winning strategies for portfolio management and expose a secretive U.S. Patent and Trademark Office program, earning her a spot on our 2018 list of Data-Driven Lawyers.
Counsel for a class of Walmart workers seeking more than $200 million for missed meal breaks and incomplete pay stubs was chastised by U.S. District Judge Lucy Koh at the end of a bench trial Tuesday for asking her to look for evidence in the record, at one point snapping, "I am not co-plaintiff counsel.”
Unsecured creditors of The Rockport Co. LLC’s Chapter 11 successor objected late Monday to the company’s liquidation plan, warning that wind-down cash reserves will fall short of mandatory minimum payouts under the Bankruptcy Code.
The third iteration of a bill that would exempt menstrual health products from California sales and use tax has been introduced by an assemblywoman who has styled herself the “Tampon Queen.”
Investors suing Rent-A-Center in a proposed class action stock drop case claiming the company tried to hide known problems with its new sales transaction system asked a Texas federal judge Tuesday to preliminarily approve a proposed $11 million settlement.
Body Glove and its private equity owner, Marquee Brands LLC, didn’t harm the Asia licensee of the watersports company despite engaging in hardball business tactics during a dispute over licensing rights in the world’s most populous region, a California federal jury has determined.
For internet publishers that have decided the risks of doing business with cannabis-related companies do not outweigh the value, the most sensible question is not whether there is some risk but how they can minimize it, say John McKay and Chris Morley of Davis Wright Tremaine LLP.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
By denying certiorari in the lead cleanup case ConAgra Grocery v. California, the U.S. Supreme Court missed an opportunity to impose rational limits on what could become an unbounded catch-all tort, says Linda Kelly, general counsel of the National Association of Manufacturers.
The California Consumer Privacy Act allows residents to request that a business delete from its systems the consumer’s personal information. Grant Davis-Denny and Nefi Acosta of Munger Tolles & Olson LLP explore the contours and ambiguities of this new "right to be forgotten," and the challenges that it may raise for the regulated community.
This month in NY Tax Minutes, Timothy Noonan and K. Craig Reilly of Hodgson Russ LLP discuss a new coalition fighting the SALT deduction cap, highlight a $30 million settlement in a tax whistleblower action against a hedge fund manager and review the draft amendments to the business corporation franchise tax.
Fierce brainpower was on show Monday at the U.S. Supreme Court, where the justices seemed likely to deliver a business-friendly outcome in two separate cases under the Federal Arbitration Act — even though this would require treating the FAA’s blind enforcement of arbitration agreements as sacrosanct in one instance while undermining it in another, says Scott Oswald of The Employment Law Group PC.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
In the first monthly installment of California Tax Takes, attorneys from Reed Smith LLP suggest California's implementation of online tax collection rules by notice may bring legal challenges from taxpayers and issue an update on the Office of Tax Appeals.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.
While the legal and policy debates raised by the proposed Active Cyber Defense Certainty Act are important, they often overlook the fact that victims of hostile cyber activity may already be able to engage in the types of “active defense” measures that the act would expressly authorize, say Alexander Berengaut and Tarek Austin of Covington & Burling LLP.