Top News

  • January 20, 2017

    Societe Generale Owes $50M For Lying About $780M In RMBS

    Paris-based bank Societe Generale will pay $50 million to settle claims that it lied to investors about $780 million in residential mortgage-backed securities, the U.S. Department of Justice said Friday.

  • January 20, 2017

    Senate Approves Defense Sec. As 1st Trump Cabinet Member

    The Defense Department will have a new head, as the Senate approved the nomination of a former Marine general hours after President Donald Trump was sworn in Friday, the first member of the new president’s cabinet.

  • January 20, 2017

    FCC’s Pai Named New Permanent Chairman Of Agency

    Republican Commissioner Ajit Pai of the Federal Communications Commission has been named its new permanent chairman in a selection made official Monday, elevating an Open Internet Order critic and launching a new era in telecom policymaking.

  • January 20, 2017

    Paramount Settles 'Star Trek' Fan Film Copyright Suit

    The producers of an unauthorized "Star Trek" fan film have reached a settlement with Paramount Pictures and CBS to end a closely watched copyright infringement lawsuit over the project, the parties announced Friday.

  • January 20, 2017

    Newly Minted As President, Trump Puts Trade At The Fore

    Soon after Donald J. Trump was sworn in as the 45th president of the United States on Friday, he doubled down on the economic nationalism underpinning his trade policy, vowing to bring back manufacturing jobs and punish foreign producers that have pushed U.S. companies out of business.

  • January 20, 2017

    Texas Justices To Review Houston Same Sex Benefits Policy

    The Texas Supreme Court on Friday agreed to review claims that Houston wrongly awarded spousal benefits to same-sex couples who were married out of state before the U.S. Supreme Court’s Obergefell decision declared state bans on same-sex marriage unconstitutional.

  • January 19, 2017

    Rolling Back Regulation In The Age Of Trump

    The incoming president’s plans to rein in the power of federal agencies will lead to uncertainty for lawyers and their clients as pending investigations and rulemaking are stopped in their tracks.

  • January 19, 2017

    Most Influential Judges On Trump’s Supreme Court Short List

    A new look at the potential U.S. Supreme Court nominees’ rulings reveals a ranking of judicial influence with some surprises at the top — and at the bottom.

  • January 19, 2017

    The Lawyer Who Will Shape Trump’s Presidency

    Jones Day’s Donald McGahn is stepping into the role of White House counsel, a powerful but little-understood position that has a strong history of impacting the president’s authority.

  • January 19, 2017

    In The Polarized Era Of Trump, BigLaw Searches For Balance

    The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.

  • January 19, 2017

    Uber Reaches $20M Deal With FTC Over Driver Pay Claims

    Uber Technologies Inc. agreed Thursday to pay $20 million in a deal with the Federal Trade Commission over claims it made to prospective drivers about how much they could earn in a year and financing deals they could score on a new vehicle.

  • January 19, 2017

    Walgreens To Pay $50M To Settle Feds' Kickback Claims

    Walgreen Co. will pay $50 million to settle allegations that it gave kickbacks to government health care beneficiaries who it enrolled in its Prescription Savings Club discount and incentives program, the U.S. Department of Justice said Thursday.

  • January 19, 2017

    Jury Finds Ex-Visium Manager Guilty Of Hedge Fund Fraud

    A Manhattan jury took just 90 minutes Thursday to convict former Visium Asset Management LP portfolio manager Stefan Lumiere of scheming to overvalue a $480 million fund focused on health care-sector debt.

  • January 19, 2017

    High Court To Hear Dispute Over Plavix Users' Calif. Ties

    The U.S. Supreme Court agreed Thursday to take up Bristol-Myers Squibb Co.’s appeal of a California high court decision that allowed almost 600 out-of-state residents to sue the drugmaker over alleged injuries from blood-thinner Plavix because of the company’s ties to the state.

  • January 19, 2017

    Western Union Cops To Allowing Fraud, Will Forfeit $586M

    Western Union Co. must forfeit $586 million after admitting to violating the Bank Secrecy Act and other anti-fraud laws by allowing fraud to proceed even after red flags were raised at the company or the fraud should have reasonably been detected, the U.S. Department of Justice said Thursday.

  • January 19, 2017

    4th Circ. Backs Ex-Massey CEO's Conspiracy Conviction

    The Fourth Circuit on Thursday upheld former Massey Energy Co. CEO Don Blankenship's conviction for conspiring to violate mine safety laws before a 2010 coal mine explosion that claimed 29 lives, finding no mistakes by the lower court to warrant a reversal.

  • January 19, 2017

    CFTC Fines Citigroup $25M For Spoofing

    Citigroup Global Markets has agreed to pay a $25 million fine to settle charges it sought to manipulate the market for U.S. Treasury futures by placing thousands of spoof orders, the U.S. Commodity Futures Trading Commission said Thursday.

  • January 18, 2017

    Paul McCartney Tells Sony To 'Let It Be' Over Early Work

    Paul McCartney lodged a suit against Sony/ATV on Wednesday over copyright interests in The Beatles’ songs, asking a New York federal judge to confirm that the legendary songwriter won’t face breach of contract claims if he cuts off rights Sony’s predecessors acquired 50 years ago.

  • January 18, 2017

    DOL Accuses Oracle Of Bias Against Women, Minorities

    The U.S. Department of Labor fired off a lawsuit against Oracle America Inc. Tuesday, alleging that the computer technology giant discriminates against women and minorities by paying them less than their counterparts and also discriminates against qualified non-Asian applicants in favor of Asian candidates for certain roles.

  • January 18, 2017

    Ex-NY Sen. Leader Gets 5 Years For Obstruction, Lying To FBI

    The former minority leader of the New York state Senate was sentenced Wednesday to five years in prison on his conviction for obstruction of justice and lying to federal agents in connection with a corruption case over his alleged embezzlement of real estate funds.

Expert Analysis

  • The Worldwide Impact Of Chinese Solar Cell Dumping

    Richard Katz

    The U.S. Department of Commerce has announced its preliminary determination in the anti-dumping portion of an investigation of Chinese producers of crystalline silicon photovoltaic cells and modules. The in-progress case has already caused a good deal of disruption in the worldwide alternative energy industry and soured U.S.-China trade relations, says Richard Katz of Snell & Wilmer LLP.

  • In Re Vitro — Clarity Pending

    Paul Keenan

    The final decision in In Re Vitro SAB — recently appealed to the Fifth Circuit — will have a significant effect on the negotiation and implementation of cross-border financings and restructurings, especially those involving Mexican issuers and guarantors of U.S. debt instruments, say Paul Keenan Jr. and Alexandra Aquino-Fike of Greenberg Traurig LLP.

  • An FCPA Customs Investigation In Kazakhstan

    Raymond Banoun

    Given the recent Foreign Corrupt Practices Act allegations involving customs clearance in Kazakhstan, companies that have used freight forwarders or customs clearance brokers in Kazakhstan, or other high-risk markets, should move aggressively to undertake proactive steps to minimize any potential FCPA exposure, say Raymond Banoun and Bret Campbell of Cadwalader Wickersham & Taft LLP.

  • Inside The 2nd Circ. Approach To Anderson News

    Scott Martin

    From the perspective of this (principally defense) antitrust litigator, the approach by the Southern District of New York in Anderson News LLC v. American Media Inc. was not unwelcome. For the time being, though, at least in the Second Circuit, it is not the law, says Scott Martin of Greenberg Traurig LLP.

  • 7th Circuit: Opening The Door To Copycat Class Actions

    Gerald Maatman

    On May 1, 2012, the Seventh Circuit vacated its order enjoining putative class members in Thorogood v. Sears Roebuck & Co. from trying to certify copycat class actions in other courts around the country — and now defendants involved in class litigation have lost a powerful precedent to prevent such actions, say Gerald Maatman and Jennifer Riley of Seyfarth Shaw LLP.

  • 'Big Reveal' Roundup: 8 Tips For Reviewing The New GTLDs

    Erin Hennessy

    The "Big Reveal" of new generic top-level domains exposed what many had long speculated — a fair number of large, brand-name businesses applying for their namesakes, and a number of enterprising companies applying for a slew of generic strings. But where do brand owners go from here? There are several strategic considerations to bear in mind, say attorneys with Bracewell & Giuliani LLP.

  • Tackling A Circuit Splitter: Amgen In The High Court

    Robert Horowitz

    Must a plaintiff in a securities fraud class action prove that the alleged misrepresentations or omissions are material in order to obtain class certification? That is the issue the U.S. Supreme Court agreed to consider when it granted certiorari in Connecticut Retirement Plans and Trust Funds v. Amgen, says Robert Horowitz of Greenberg Traurig LLP.

  • A Causation Theory That's Hard To Swallow

    Richard Goldfarb

    A decision of the United States District Court for the Eastern District of North Carolina has demonstrated more than that there are successful defenses to claims for violation of the warranty of merchantability — even in a case where a defendant’s logo is found in an unusual place, such as on a piece of plastic found in the plaintiff's lung, says Richard Goldfarb of Stoel Rives LLP.

  • Spotlight On Fed's Stance On Chinese Control Of US Banks

    Katherine Mooney Carroll

    The Federal Reserve Board last month approved for the first time a controlling investment by a Chinese bank in a U.S. bank. Although the determinations do not guarantee other Chinese banks the ability to expand into the United States, they make it likely that there will be an increase in applications to do so, say Katherine Mooney Carroll and Hugh Conroy of Cleary Gottlieb Steen & Hamilton LLP.

  • The Impact Of Fisher V. Rite-Aid: Part 2

    Arthur Rooney

    Although the Third Circuit's decision in Fisher v. Rite Aid has been largely viewed as an adverse decision for employers, the ruling should benefit employers seeking to enforce arbitration agreements containing class or collective action waivers, say Noah Finkel and Arthur Rooney of Seyfarth Shaw LLP.