Google is reportedly taking another 70,000 square feet of office space at Pier 57 in New York, SunTrust Bank is said to have led a group of lenders that provided a $150 million loan for a Florida mall expansion project, and Florida Community Bank has reportedly loaned $10.6 million for a recent Florida multifamily purchase.
A California federal judge Thursday refused to let a network device maker slip counterclaims launched by a hotel entertainment company in an $11 million suit over unpaid royalties, explaining that if the counterclaims are true, it may be the manufacturer's fault the other company allegedly violated a patent licensing deal in the first place.
Jones Day has brought in a former assistant U.S. attorney who helped lead the national security and cybercrimes unit in Pennsylvania’s Western District as of counsel in the firm’s Pittsburgh office.
Skadden Arps Slate Meagher & Flom LLP announced Thursday that it’s snagged the head of Quinn Emanuel Urquhart & Sullivan LLP’s trade secrets practice group to join the firm’s Palo Alto, California, office.
Broadcom Ltd. on Friday said it would welcome talks with Qualcomm Inc. after the California chipmaker rejected its $121 billion takeover offer, but the sides are still at odds over the deal’s chances for success with antitrust regulators and over the specifics of how a deal would come together.
A cryptocurrency-related investment organization that claims to have a street address authorities say does not exist was ordered Friday by New Jersey officials to stop selling unregistered securities in the Garden State.
The Federal Circuit on Friday affirmed Google’s wins before the Patent Trial and Appeal Board that invalidated the asserted claims of two patents covering technology for identifying invalid clicks for online pay-per-click advertisers, confirming that the patents were eligible for the America Invents Act covered business method review program.
American Express’ travel management unit said it will acquire peer company Hogg Robinson Group for up to 120 pence ($1.66) a share in a cash deal announced Friday, at the same time the UK-based Hogg Robinson has said it will sell its fintech arm to Visa for £141.75 million.
The U.S. International Trade Commission has received a complaint from a biotechnology company seeking an investigation into the sales and imports of certain light engines used for optical instruments, according to a filing published Friday in the Federal Register.
Data company 3Taps Inc. on Thursday hit LinkedIn Corp. with a suit in California federal court, arguing that a ruling in a separate case that allowed a job search startup to scrape data off the networking site’s public profiles should allow 3Taps to do the same.
Waymo and Uber have reached a settlement of their self-driving car trade secret row a third of the way through trial, with Uber agreeing to give Waymo a slice of the ride-hailing company's $72 billion equity worth approximately $245 million.
A California federal judge ruling in a bellwether case concerning the rights of workers who participate in the so-called gig economy said Thursday that a former GrubHub Inc. meal delivery driver was an independent contractor and not the company’s employee.
Waymo’s attorneys questioned a small army of computer experts in a California federal court Thursday in a bid to show that 14,000 files a former employee downloaded from Waymo’s server evidenced corporate espionage meant to speed up Uber’s race toward self-driving cars, while Uber’s attorneys countered the downloads were automatic and meaningless.
Attorneys general from Arizona, Texas and more than a dozen other states on Wednesday backed a class action fairness group's bid to convince the U.S. Supreme Court to review a privacy case involving Google where class members stand to receive none of the $8.5 million settlement, arguing that such cy pres pacts hurt consumers.
Yahoo has asked the U.S. Supreme Court to decide what should happen to our email accounts when we die, arguing that a ruling by Massachusetts’ top court “effectively eliminates personal privacy in email content after death” and needs to be corrected.
Qualcomm Inc. said Thursday its board of directors unanimously rejected a refreshed offer from Broadcom Ltd. for a takeover valued at around $121 billion, but offered to discuss the proposal with Broadcom to see if it is willing to raise its price.
Argentine agricultural technology company Bioceres SA said Thursday it postponed its initial public offering because of market volatility, the second company to do so this week amid steep price drops on Wall Street.
The Third Circuit refused to stop the Federal Communications Commission’s order lifting broadcast media ownership rules from taking effect Wednesday amid a challenge from media groups, holding that the groups had not “satisfied the exacting standard” for a stay of the agency’s action.
The Fifth Circuit on Wednesday affirmed a Texas district court decision to dismiss a suit filed by Chinese company Gotech seeking relief from a $102 million judgment awarded to Sweden-based Nagravision for allegedly selling set-top boxes that circumvented piracy protections, saying Gotech failed to prove that the judgment was void.
The Government Accountability Office in a decision made public Thursday rejected three challenges to a massive $7.8 billion Social Security Administration information technology services contract, saying the SSA had reasonably decided other companies presented better value than Enterprise Services, Accenture and CSRA’s bids.
Several foreign governments and other international authorities recently weighed in on the Microsoft overseas-data case. The amicus briefs underscore the important implications of the U.S. Supreme Court’s decision for global data transfers and international users’ privacy, say attorneys with Ropes & Gray LLP.
Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.
Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.
The Patent Trial and Appeal Board recently requested briefing from amici for the first time — in Mylan v. Saint Regis Mohawk Tribe. In general, technology and pharmaceutical companies argued that the deal assigning Allergan patents to the tribe was a sham, while other tribes and a group of law professors supported the sovereign immunity defense, says Ben Bourke of Womble Bond Dickinson LLP.
While each new year is expected to bring fresh challenges to the legal industry, 2018 will be particularly disruptive to the status quo. Both law firms and organizations that cater to the legal community should prepare for developments like increasing pressure from international clients and data security risks caused by multigenerational gaps, says Jeff Ton of Bluelock LLC.
One probable reason for the recent shift in focus by the Office of Foreign Assets Control toward export-related transactions is that the agency’s enforcement efforts targeting big banks have worked. With fewer cases to bring against them, OFAC seems to be moving on to new weak spots in enforcement, say Sean Kane and Susie Park of Hughes Hubbard & Reed LLP.
Over the last year, there were some interesting cases in the indirect purchaser class action arena, with district courts addressing pleading motions, class certification in “pay-for-delay” drug cases, and class certification of nationwide and multistate class claims based on California’s state antitrust law, say Chris Micheletti and Christina Tabacco of Zelle LLP.
Many commentators assumed that new guidance released in November for excluding shareholder proposals from proxy materials signaled a new willingness by the U.S. Securities and Exchange Commission to defer to companies. However, Apple’s recent unsuccessful request indicates that a citation of board process will not give companies an automatic pass, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
State attorney general campaigns will be in full swing with 31 elections this year. In addition to three top substantive areas, campaign issues themselves will influence how state attorneys general prioritize enforcement, says Joe Jacquot, former chief deputy attorney general of Florida, now with Foley & Lardner LLP.
The U.S. Department of Homeland Security may be considering new measures that would potentially reduce or eliminate specific H-1B extensions granted under the American Competitiveness in the 21st Century Act of 2000. Elizabeth Espín Stern and Paul Virtue of Mayer Brown LLP offer guidelines to assist employers in advising their workforce about the potential impact if DHS does take action.