The U.S. Department of Labor on Wednesday told a Minnesota federal judge hearing a challenge to its fiduciary rule that the agency is planning to delay three parts of the controversial retirement savings regulation for another 18 months, with plans to implement them in July 2019.
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.
The simple practice of asking jurors important and substantive questions early can help make trial by jury a more reliable form of dispute resolution, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
Recent surveys show that law firms won't be able to rely on the flood of associates their business model demands as long as they require them to dedicate all day, most nights, every weekend and all holidays to firm business, says Jill Dessalines, founder of Strategic Advice for Successful Lawyers and former assistant GC at McKesson Corp.
Despite legal education training and the focus on logic and reason by the courts, lawyers address emotional issues on a daily basis — albeit more indirectly. But a shift to consciously and strategically addressing emotions gives us a powerful tool to help our clients reach faster, better decisions, say dispute resolution experts Robert Creo and Selina Shultz.
One way to combat juror confusion and boredom is to allow jurors to ask witnesses questions. No federal evidentiary or court rule prohibits it, and every federal circuit court to address the practice has held it permissible, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
Last month, the American Bar Association published revised guidance regarding an attorney’s duty to protect sensitive client material in light of recent high-profile hacks. The first step in compliance is understanding how your data is being stored and accessed. There are three key questions you should ask your firm’s information technology staff and/or external solution vendors, says Nick Holda of PreVeil.
One of the easiest ways to improve civil jury trials is to give juries substantive instructions on the law at the beginning of the trial rather than at its conclusion. It is also one of the most popular proposals we are recommending, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
Lateral candidates looking to make the last — or perhaps only — move of their career cannot afford to just stand by and let a law firm’s vetting process unfold on its own, says Howard Flack, a partner at Volta Talent Strategies who previously led lateral partner recruiting and integration at Hogan Lovells.
One frequently hears from leading malpractice insurers that one of the highest risk categories for law firms is that of lateral partners not sufficiently vetted during the recruitment process, says Howard Flack, a partner at Volta Talent Strategies Inc. who previously led lateral partner recruiting and integration at Hogan Lovells.
This is the second in a series of articles discussing ideas proposed by the NYU School of Law Civil Jury Project to resuscitate the American jury trial. In this article, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman argue for setting early and strict time limits in civil jury trials.
In its most recent petition advocating mandatory disclosure of litigation finance, the U.S. Chamber of Commerce simply rehashes the same arguments from its previous failed efforts to convince the Committee on Rules of Practice and Procedure of the dire implications of undisclosed funding relationships, say members of IMF Bentham Ltd.