The Delaware bankruptcy judge presiding over Takata’s bankruptcy ruled late Wednesday that potentially $1 billion in claims stemming from enforcement actions by Hawaii, New Mexico and the U.S. Virgin Islands can be discharged by a confirmed Chapter 11 plan, as the debtor meanwhile settled with 44 other states.
Fiat Chrysler has urged a New York federal court not to certify a class of investors accusing executives of falsely stating Chrysler vehicles didn’t contain “defeat devices” in an effort to inflate share prices, saying the alleged misrepresentations had no impact on the stock.
In this monthly series, legal recruiting experts at Major Lindsey & Africa interview management from top law firms about navigating an increasingly competitive business environment. Here we feature Allison Friend, chief human resources officer for Hogan Lovells.
South African competition regulators announced charges Wednesday against a regional airline that connects small towns with larger cities and is now accused of charging “predatory” and “excessive” rates that were dropped when competition appeared, only to be quickly yanked back up when that competition ended.
Federal prosecutors on Wednesday urged a Virginia federal judge to sentence the CEO of a now-defunct military contractor to more than 11 years in prison for providing faulty armored trucks under federal contracts, arguing the tough sentence is warranted since the fraud endangered lives of American soldiers.
Siemens is reportedly pocketing all the proceeds from the IPO of its Healthineers unit, several banks are in talks to aid a financing effort related to the Blackstone-Thomson Reuters deal and automakers are helping Takata resolve its bankruptcy by giving millions to those hurt by its deadly air bag inflators.
The U.S. Senate confirmed U.S. Department of Transportation nominees late Tuesday, including the heads of the nation's rail safety regulator and the nation's commercial motor vehicle safety regulator, filling key leadership positions amid heightened safety concerns following several high-profile accidents. Here are a few things to know about the newly confirmed officials.
An Ohio federal judge said a proposed class action claiming a shipping company deterred women from applying as dockworkers will press on, saying the Equal Employment Opportunity Commission had succeeded in defining its claim after she threatened to toss an earlier complaint.
Nissan North America Inc. has asked an Alabama federal judge to throw out or trim down a proposed class action over transmission problems in thousands of its vehicles, saying the suit centers on an alleged design defect not covered by warranties and has other issues.
Granite Construction Inc. said Wednesday it will take over water management, construction and drilling firm Layne Christensen Co. in a deal worth $565 million that will see California-headquartered Granite take a major leap in its water infrastructure capabilities.
A California man hit Southwest Airlines Co. with a civil rights suit in federal court Tuesday claiming that he was removed from a flight for speaking Arabic, even though he wasn't doing anything wrong.
A BMW driver told the Ninth Circuit on Tuesday that the noise generated by his car’s squealing brakes poses a safety concern the company had a duty to disclose, and urged the court to revive his fraud class action.
Rent-A-Wreck of America Inc. did not enter Chapter 11 proceedings in good faith, a Delaware bankruptcy judge ruled Tuesday, finding the discount car rental company appears to be solvent and has attempted to use the bankruptcy process to “redistribute value from a longtime adversary.”
A former Canadian Pacific Railway IT employee was sentenced by a Minnesota federal judge Tuesday to one year and one day in prison for intentionally damaging critical components of the transcontinental railroad company’s computer network, following a guilty verdict in October.
Though much of it would require congressional approval, the infrastructure plan unveiled Monday by President Donald Trump would be a boon for pipeline developers, who would benefit from shortened environmental reviews and potential limits on the permitting authority of states. Here's a look at several pieces of the proposal that could grease the skids for pipeline companies.
Airline passengers have urged the U.S. Supreme Court not to hear an appeal from All Nippon Airways Co. Ltd., which is trying to escape multidistrict litigation over price-fixing allegations by pointing to federal pricing regulations, arguing the company is raising questions of fact.
Latham & Watkins LLP said Monday that it’s welcoming back a former partner who has worked on a variety of capital markets transactions involving Chinese firms, including a $1.4 billion initial public offering for the Shanghai-based ZTO Express Inc. that was the largest U.S. IPO of 2016.
A Massachusetts federal jury found a pair of Chicago brothers guilty Tuesday on all charges in a multimillion-dollar scheme in which prosecutors say the pair used fake names to dupe banks, including Commerce Bank of Worcester, into loaning them money to furnish a lavish lifestyle.
An ethics watchdog group asked the U.S. Department of Justice on Tuesday to investigate the Federal Railroad Administration’s former deputy administrator, who resigned Saturday amid questions about simultaneous consulting work he did for a Mississippi county sheriff’s department while serving as a federal official.
A pair of environmental groups on Monday asked the Federal Energy Regulatory Commission to reconsider its decision to issue a conditional certificate for the $1 billion PennEast gas pipeline and press pause on the project's approval, saying that the company overstated the need for the project.
Following Hurricane Harvey, the federal government committed substantial dollars toward reconstruction efforts in Texas. For members of the construction industry planning to engage in these public projects, there are important things to know about Texas public procurement law, say Brian Gaudet and Courtney Lynch of Kilpatrick Townsend & Stockton LLP.
John Greenya’s new book, “Gorsuch: The Judge Who Speaks for Himself,” offers readers something the confirmation hearings did not — the backstory of Neil Gorsuch and a glimpse of who Justice Gorsuch is, says Chief Judge Timothy Tymkovich of the Tenth Circuit.
Shippers, private carriers, intermediaries, forwarders and other companies with business models involving transportation are taking notice of the electronic logging device mandate, which became effective last month. The mandate may significantly constrict shipping capacity, and could prove a particular hardship for small carriers, say Jonathan Todd and Kristopher Chandler of Benesch Friedlander Coplan & Aronoff LLP.
After much hand-wringing in 2017 about whether Foreign Corrupt Practices Act enforcement would diminish radically under President Donald Trump, it’s now safe to say that all signs point toward continued and vigorous enforcement, say attorneys with Foley & Lardner LLP.
Risk management principles, which have been applied in business and industry for many years, have also found their way into aviation. The critics are correct in saying that good judgment cannot be taught, but the practice of consistently thinking about risks and how to cope with them can be — and can save lives, says Alan Hoffman of Husch Blackwell LLP.
What business of law topics piqued reader interest in 2017? Take a look back at the year's five most-read legal industry articles from Law360 guest authors.
Two years ago, Federal Rule of Civil Procedure 37(e) was amended to provide a clearer road map for courts analyzing whether to permit sanctions for the spoliation of evidence. Yet there is still no specific guidance for when a sanctions request relates to electronically stored and nonelectronically stored information, says Skadden associate Robin Shah.
Automotive technology promises to be a focus of intellectual property disputes and regulatory attention in the coming years. In this article, attorneys with WilmerHale look back at 2017 developments to see where auto industry patenting, IP litigation and policymaking may be heading.
In an effort to study jurors' attitudes toward foreign witnesses, a representative sample of over 1,000 jury eligibles across the U.S. were surveyed over the course of several years. The results revealed two important findings, says Christina Marinakis, director of jury research at Litigation Insights.
This year, the 2016 Defend Trade Secrets Act continued to be the source of the most significant developments in U.S. trade secret law, as courts and litigants began to grapple with its interpretation and application, say attorneys with Faegre Baker Daniels LLP.