Walt Disney Co. paid $177 million, plus insurance recoveries, to settle a defamation suit over ABC News reports calling Beef Products Inc.'s beef product "pink slime," the company said Tuesday in a quarterly financial report filed with the U.S. Securities and Exchange Commission.
Thirty-three state attorneys general have reached a $5.5 million settlement with Nationwide Mutual Insurance Co. and its unit Allied Property & Casualty over a 2012 data breach in which highly sensitive information of more than 1 million people was stolen, Florida's attorney general announced on Wednesday.
A former analyst at Deerfield Management Corp. who pled guilty to criminal charges relating to a scheme to trade on tips from an insider at the Centers for Medicare & Medicaid Services has agreed to help the U.S. Securities and Exchange Commission with its related investigation.
The D.C. Circuit on Wednesday ruled that a judge overseeing the military commission of Khalid Shaikh Mohammad, the man accused of planning the 9/11 attacks, must be disqualified from the case over public statements he had made regarding Mohammad’s purported guilt.
A Massachusetts federal judge said Wednesday that he would focus a panel of jurors on whether a group of renegade Teamsters tried to force "Top Chef" producers into giving them additional jobs on their set.
President Donald Trump’s recent announcement that the U.S. military will no longer allow transgender service members violates the U.S. Constitution, five transgender members of the military alleged in a suit filed Wednesday in Washington, D.C., federal court.
Citibank NA filed suit in D.C. federal court Tuesday looking to recover $3.2 million it says is owed on a $10 million loan issued to defunct intellectual property firm Novak Druce Connelly Bove & Quigg LLP, naming a pair of former partners as defendants who are now with Polsinelli PC.
Nissan is the latest automaker to settle allegations in multidistrict litigation over defective Takata Corp. air bags, agreeing to a $97.7 million payout, consumers told a Florida federal judge Tuesday.
Sedgwick LLP has seen 78 attorneys exit the firm, at least 29 of whom were partners, since the start of the year, precipitating the shuttering or downsizing of a number of the San Francisco-based firm's offices.
Federal prosecutors dropped their criminal securities fraud and money laundering case against private equity CEO Benjamin Wey on Tuesday, acknowledging the prosecution was doomed after all the evidence seized in searches of Wey’s home and office was suppressed.
The U.S. International Trade Commission announced Tuesday that it will investigate Apple Inc. products, including the iPhone 7 and some of its components, in a broadening probe initiated by chipmaker Qualcomm Inc.
In an unusual move, the U.S. Department of Justice has asked the U.S. Supreme Court to let stand the government’s Second Circuit loss in an antitrust lawsuit against American Express Co. over the company’s merchant rules, saying the matter is not yet ripe for high court review.
A Texas federal jury has awarded a defense contractor $21.1 million in damages after determining that Hughes Network Systems LLC infringed one of two of its broadband patents used at offshore drilling sites.
The Federal Circuit ruled Tuesday that pop star Will.i.am cannot register "I Am" as a trademark for accessories and cosmetics, finding the name confusingly similar to other brands that have already been registered.
The chief of New Jersey-based Transmar Commodity Group Ltd., his son and a finance executive at the belly-up cocoa trader were hit with fraud charges Tuesday, two weeks after their bid to restructure more than $360 million of bank debt was converted by a bankruptcy judge into a liquidation.
Mortgage servicer PHH Corp. on Tuesday agreed to pay nearly $75 million over claims that it originated mortgages backed by three different federal agencies that did not meet the requirements for federal guarantees.
The federal government closed its evidence Tuesday morning in its extortion trial against four Teamsters accused of strong-arming a “Top Chef” television crew into giving them unneeded truck-driving work, followed immediately by the Teamsters themselves.
The D.C. Circuit on Tuesday said the U.S. Environmental Protection Agency does not have authority under the Clean Air Act to force companies that use hydrofluorocarbons in products like spray cans, automobile air conditioners and refrigerators to swap the HFCs out for an EPA-approved alternative, handing a win to chemical companies that challenged a 2015 rule.
Citigroup Inc. struck a $130 million deal Monday in New York federal court with investors who bought the bank’s financial products tied to the London Interbank Offered Rate, making it the second bank to settle with the investors over allegations the benchmark rate was manipulated.
Endo International PLC on Monday said it has reached agreements to end “virtually all known” mesh product liability claims in the U.S. and that it expects to pay out $775 million to cover the costs of those as well as all known international claims.
The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.
Bear in mind that the internet seldom forgets and never forgives, and you are just one screen grab from a meme. A law firm's core messages and unique selling points must be clearly determined before embarking on a social media strategy, says Julie Bagdikian of The Pollack PR Marketing Group.
What is the mood of the nation’s in-house lawyers? Aric Press — a partner at Bernero & Press LLC and former editor-in-chief of The American Lawyer — shares the findings of a recent survey of more than 800 in-house counsel.
Why did minor mechanical issues bring down two airplanes, while a catastrophic engine explosion did not bring down a third? The answers lie, in part, in research conducted by NASA in the wake of those crashes and, more recently, by Google. And those answers can help organizations build better teams to meet today’s legal industry challenges, says Nicholas Cheolas of Zelle LLP.
Like everything else, the art of negotiation starts by having a conversation. It’s about being respectful, finding common ground, knowing what you want and, most importantly, listening. A conversation between two lawyers can be complicated at best, but by employing a few techniques and tactics, it doesn’t have to be that way, says Marc Siegel of Siegel & Dolan Ltd.
Lawyers make hundreds of decisions during the course of advising a client, consummating a transaction or litigating a case. In this new column, dispute resolution experts Bob Creo and Selina Shultz explore the theory, science and practical aspects of how decisions are made in the legal community.
What we don’t know is whether the teaching and practice of law are undergoing massive structural changes or we’re still digging out from the worst economic collapse since the Depression. But what we do know is that the missions of the most forward-looking law schools and law firms are converging in ways that were unimaginable 10 years ago, says Randy Gordon, a partner at Gardere Wynne Sewell LLP and executive professor of law at Te... (continued)
The importance of authenticity is magnified when trying a case outside your home jurisdiction. While using references to local landmarks or history can help make arguments relatable, adopting local expressions or style in an attempt to ingratiate oneself with the judge and jury almost always backfires, say William Oxley and Meghan Rohling Kelly of Dechert LLP.
The most successful Am Law 200 law firms have evolved from being partner-run to being run by a group of highly skilled professionals reporting to firm shareholders. The data collected from our recent survey indicates this model is generally conducive to increased profitability, says Anita Turner, senior director at Colliers International.
The best outside counsel think like the client. That includes understanding the client’s perspectives and goals with regard to reaching a settlement — because “good results” mean different things for different clients. Outside counsel must ask themselves the right questions, and know the answers, to shape a client-focused settlement strategy, say Kate Jackson of Cummins Inc. and Patrick Reilly of Faegre Baker Daniels LLP.