An attorney for the majority unitholders of Quantlab Group LP urged a Delaware vice chancellor Tuesday to reject minority investor claims to continuing and allegedly outsized rights under a disputed voting trust agreement, with control of a billion-dollar-plus business in the balance.
A Texas bankruptcy judge on Tuesday confirmed iHeartMedia Inc.’s plan to reorganize and shed more than $10 billion in funded debt, paving a path for the broadcast media giant to emerge from Chapter 11 proceedings untethered from its billboard subsidiary.
The Texas Supreme Court has agreed to review whether the Corpus Christi Caller-Times defamed a former president of the local Chamber of Commerce by reporting statements made by a treasurer accusing him of filing misleading financial statements to justify his raise and bonus request.
A Johnson & Johnson unit will pay $120 million to end a wide-ranging investigation into whether it misled customers about the longevity and efficacy of its hip replacement devices, attorneys general in New York and Texas announced Tuesday.
A former U.S. Army soldier who served in Iraq told a Texas federal court on Tuesday that hearing loss was the price he paid for wearing the same kind of earplugs that cost the 3M Company $9.1 million to settle a government lawsuit regarding their effectiveness.
Seven Networks LLC has reached a tentative settlement in its lawsuit accusing Google LLC of infringing on patents related to mobile traffic and battery life conservation, leading a Texas federal judge to stay the case.
A Texas federal judge has awarded fees of nearly $15.5 million to the attorneys representing a court-appointed receiver and a group of investors in their suit against Proskauer Rose LLP over its former partner's participation in R. Allen Stanford's $7 billion Ponzi scheme.
An Illinois appellate panel has cut loose a Texas cucumber producer and a trucking brokerage firm in a suit seeking to hold them partially responsible for a woman’s severe injuries from a collision with a big rig contracted to haul cucumbers, saying the companies’ legal exposure ended when the produce was delivered.
The question of whether an appeals court can overrule a contract dispute settlement between two oil companies that traded $3 million in potential damages for a 25 percent working interest in Permian Basin oil and gas leases will come before the Texas Supreme Court next month.
Drinker Biddle & Reath LLP has nabbed two partners for its growing employee benefits practice, adding a former Venable LLP partner in Washington, D.C., and a former Foley & Lardner LLP partner in Dallas.
The operator of a minor league ballpark in Texas was thrown a curveball Thursday when a woman filed a lawsuit alleging it is liable for injuries she suffered in a fall down the park's stairs.
A Texas federal judge on Thursday vacated his previous order that a Texas county violated a man’s Fourth Amendment rights by holding him based on a detainer request from U.S. Immigration and Customs Enforcement, saying a subsequent Fifth Circuit ruling on a related matter left no other option.
IHeartMedia Inc. has inked a deal with a contingent of its legacy holders who had protested the radio broadcast giant's bid to emerge from Chapter 11 in Texas, giving them $4 million in fees and allowing $544 million in legacy note claims.
The Texas Supreme Court on Friday announced it would hear oral arguments in two insurance disputes involving State Farm Lloyds, both of which concern whether policyholders are entitled to statutory damages on top of their initial benefits awards.
The Fifth Circuit has vacated an injunction barring Texas from excluding Planned Parenthood affiliates from Medicaid based on graphic videos released by an anti-abortion group, saying the district court judge used the wrong standard and ignored the administrative record.
The Texas Supreme Court said Friday it will hear oral arguments in a case in which a McAllen hospital claims lower courts have wrongly sided with its nurse supervisors in a pay dispute by treating their annual performance evaluations as employment contracts that set an annual salary.
A bill filed in the Texas Legislature on Thursday would make it a misdemeanor offense to falsely pass off a child as a family member at a designated border crossing.
American Income Life Insurance Co. asked a Texas federal court on Wednesday to confirm a $1.54 million arbitration award it won against a former agent after he allegedly took confidential information after leaving the company, saying the arguments in his appeal were already dismissed by the arbitrator.
An Illinois federal judge entered judgment against a Texas attorney known for representing objectors to class action settlements on Thursday, granting the attorney’s own motion and ending Edelson PC’s lawsuit accusing him of using the objection process to extort plaintiffs’ attorneys.
A Houston-based Williams Partners LP pipeline unit delayed the reconstruction of a Pennsylvania natural gas facility that exploded two years ago, then improperly fired the company hired to do the job, the contractor claimed in a federal lawsuit seeking more than $10 million.
Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.
In Quisenberry v. Huntington Ingalls, the Virginia Supreme Court recently held that an employer owed a duty of care to an employee's family member who handled the employee’s asbestos-laden work clothes. The impact of this decision will extend well beyond the claims at issue, say attorneys with Greenberg Traurig LLP.
It’s been nine and a half years since the last U.S. recession, and the economy still appears to be going strong. But there are signs trouble may not be far off. The good news for states is that most seem reasonably well prepared for it, says Korey Clark of State Net Capitol Journal.
Team-based specialization in mass tort litigation defense allows each member to draw on individual strengths, maximizing their contribution. A core tenet of this approach is using settlement counsel to focus on strategic initiatives and end-game resolution efforts, separate from the heated battle lines of the litigation, say attorneys at Faegre Baker Daniels.
Last year, the circuit split on computer fraud insurance coverage continued, with courts slightly favoring coverage for phishing scams, but oversimplifying those decisions into a simple coverage versus no-coverage distinction would be a mistake, says Patricia Carreiro of Axinn Veltrop & Harkrider LLP.
The lack of minority partners comes at a high cost to firms, say attorneys at Lightfoot Franklin & White LLC, as they suggest several practical ways to tackle this problem.
Alternative dispute resolution providers have made great strides toward diversity, but recent statistics show there is still work to be done. There are certain steps ADR providers can take to actively recruit more women and minority candidates to serve as arbitrators and mediators, says James Jenkins of the American Arbitration Association.
Alternative fee agreements can help align law firm and client interests, increase efficiency and eliminate corporate extortion, among other benefits. They are the best thing to happen to the practice of law in decades, says Kelly Eisenlohr-Moul at Dinsmore & Shohl LLP.
On Wednesday, the U.S. Supreme Court hears argument in Byrd v. Tennessee Wine and Spirits Retailers Association, highlighting the conflict between states’ rights to regulate alcohol under the 21st Amendment and the restrictions in the U.S. Constitution's commerce clause on states’ power to regulate interstate commerce, says Alva Mather of DLA Piper LLP.
Can lawyers lead a revolution? According to "The Clamor of Lawyers: The American Revolution and Crisis in the Legal Profession" — a slim but elegant volume by Peter Charles Hoffer and Williamjames Hull Hoffer — they can and they did, says First Circuit Judge David Barron.