Two high-ranking employees of HD Supply Holdings Inc.’s former Power Solutions unit launched a class action in Delaware Chancery Court late Thursday claiming their stock compensation did not fully vest as promised when the subsidiary was sold to Anixter International Inc.
After one too many shopping trips at Nordstrom allegedly ended with the clothing retailer not delivering on its promise of certain advertised prices, an Alaska woman took action with a lawsuit on Thursday in federal court accusing the company of fraud.
Two former sales representatives bringing a proposed class action wage suit against a T-Mobile retailer with more than 250 locations asked an Illinois federal court Friday to force the company to cough up information relevant to their discovery requests and sanction it for dragging its feet on doing so.
Scholastic Inc.'s book clubs unit is still on the hook for $3.3 million in taxes and penalties after the Georgia Tax Tribunal found the company has too much of a “nexus” to the state to argue the commerce clause's reservations for interstate commerce safeguard it from local sales taxes.
The U.S. Equal Employment Opportunity Commission asked an Illinois federal court on Thursday to strike a sealed document referencing the presuit confidential conciliation process, arguing that placing it in the record during a suit alleging the company’s background checks were racially discriminatory jeopardized the commission’s ability to conduct frank discussions.
Citizens Bank has reportedly loaned $65 million for a mall project near Des Moines, Iowa; Peloton Land Solutions is said to have leased 11,000 square feet in Fort Worth, Texas; and Yo-Yo Ma's agent Opus 3 Artists has reportedly extended its lease on Park Avenue in New York.
The Wyoming Senate has approved a remote sales tax collection measure designed to challenge a 1992 U.S. Supreme Court decision requiring retailers to have a physical presence in a state to collect transaction taxes.
Athletic gear maker Under Armour Inc. was slapped with a shareholder suit in Maryland federal court Thursday accusing the Baltimore-based company of concealing the impact of Sports Authority's bankruptcy from investors in order to artificially inflate its stock price.
Merck & Co. Inc. and Upsher-Smith Laboratories Inc. have told a New Jersey federal court they have settled their long-running MDL accusing them of pay-for-delay over the potassium supplement K-Dur.
Landlords holding leases for stores operated by bankrupt clothing retailer The Wet Seal LLC objected Friday in Delaware bankruptcy court to the company’s proposed use of cash collateral, which would not cover rent while the company conducts store closing sales through February.
A Delaware bankruptcy court on Thursday gave ailing women’s clothing retailer The Limited Co. LLC the green light for a $6 million debtor-in-possession financing package, just days before a bankruptcy auction scheduled for Feb. 21.
Singaporean real estate company CapitaLand Ltd. on Friday said that it has agreed to purchase a portfolio of office and retail buildings in and around Tokyo for 620.1 million Singapore dollars ($436.8 million), increasing its footprint in the region.
A New Jersey federal judge on Thursday declined to dismiss a proposed class action claiming Sears Holding Corp. bombarded consumers with automated promotional text messages in violation of the Telephone Consumer Protection Act, finding that the claims were sufficient to be heard by the court.
The former CEO of now-defunct BlueHippo Funding LLC filed for personal Chapter 7 bankruptcy in Florida on Wednesday, two days before he was required to respond to a motion to hold him in contempt for failing to pay $13.4 million for violating an order that his company cease deceptive practices.
The former manager of an Alabama-based Dollar General hit the company's owner with a lawsuit Thursday claiming it broke federal labor laws by exempting her from overtime pay and then routinely making her work more than 90 hours a week.
A Florida-based telecommunications company lost its bid for a partial refund of sales taxes in Missouri when the Supreme Court of Missouri ruled that the company had failed to prove that its retail sales in the state were exempt from sales tax.
The Patent Trial and Appeal Board said Wednesday the inter partes review estoppel provision barred a pair of insurance companies from challenging several invalidated claims in an Intellectual Ventures II LLC e-commerce patent in an America Invents Act review.
A Washington florist who refused to serve a same-sex wedding, citing religious objections, violated state anti-discrimination laws and is not protected by the First Amendment, the Washington Supreme Court unanimously ruled Thursday.
Gas station chain Speedway LLC has filed a lawsuit alleging New Jersey’s law prohibiting below-cost vehicle fuel sales is unconstitutional because it violates the common-law right to sell goods at any price upon which the retailer and purchaser agree.
The U.K.’s competition watchdog sent out 63 warning letters last year over suspected violations, down from 85 the year before, but it issued nearly three times as many advisory letters than in 2015, with resale price maintenance issues being a common theme, according to statistics made available on Wednesday.
Litigation under Illinois’ Biometric Information Privacy Act has included putative class actions against corporate defendants ranging from some of the largest social media and technology companies to a daycare center. Now the Connecticut, New Hampshire, Washington and Alaska legislatures have also proposed bills that would regulate the collection, retention and use of biometric data, say attorneys with Drinker Biddle & Reath LLP.
Fred Korematsu’s U.S. Supreme Court case challenging President Franklin Roosevelt’s executive order that led to the incarceration of approximately 120,000 people of Japanese ancestry may sound like ancient history. However, Feb. 19 marks the 75th anniversary of the order's signing, and that it’s celebrating its diamond anniversary now is breathtaking timing, says Randy Maniloff of White and Williams LLP.
General counsels face the challenging task of understanding how companies can navigate the rules surrounding uses of artificial intelligence. To get smart on AI, general counsels must ask the right questions about areas such as human resources, intellectual property, liability and insurance, say Bruce Heiman and Elana Reman of K&L Gates LLP.
Though the Trump administration has yet to make an official statement regarding artificial intelligence, support for AI is consistent with its expressed desire to promote American business. As such, general counsel will inevitably have to navigate what big data and AI mean for compliance with current and future laws and regulations, say Bruce Heiman and Elana Reman of K&L Gates LLP.
Investments in “unrestricted subsidiaries” are an exception to investment covenants and are being increasingly used in restructuring a company’s capital structure. Before purchasing any debt, distressed investors need to be mindful of what unrestricted subsidiaries are and how they may affect the overall credit of a company or debt recoveries, say attorneys with Chapman and Cutler LLP.
Despite initial worries from practitioners, the U.S. Supreme Court's decision 10 years ago in MedImmune has provided greater predictability as to the circumstances that will warrant declaratory judgment jurisdiction, allowing trademark owners to make informed decisions about their enforcement strategies, say James Griffith and Michelle Bolos of Marshall Gerstein & Borun LLP.
Lawyers are likely turning to alcohol to lessen stress and anxiety, to socialize, and even to sleep better. Unfortunately, many are unaware that their nightly pour could be causing or exacerbating the anxiety that is plaguing the legal profession, says Jennifer Gibbs of Zelle LLP.
This is not the first time that a president has criticized the judiciary. But what is unique about President Donald Trump's attacks is that they target not just a specific decision, but the judiciary and its decision-making power altogether. Every lawyer, regardless of political persuasion, must speak up, says Alexandra Wald of Cohen & Gresser LLP.
There is no question that solo practitioners and small law firms need to spend the majority of time on legal work, but in order to achieve sustainable growth, marketing should not be a secondary task “put-off” until you have some free time, says Matthew Horn, founder of Legal Services Link LLC.
The U.S. Equal Employment Opportunity Commission recently issued a resource document explaining workplace protections for individuals who suffer from mental health conditions. The publication alerts employers of the need to understand and appreciate an employee’s legal rights as well as their obligations to provide a host of reasonable accommodations, say Linda Dwoskin and Melissa Bergman Squire of Dechert LLP.