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Updated: 1 hour 44 min ago

Lawyers for Ex-Hedge Fund Execs Push Second Circuit for New Look at Decision That 'Upended' Insider-Trading Law

Tue, 02/04/2020 - 18:01

In a filing with the U.S. Court of Appeals for the Second Circuit, attorneys from Munger, Tolles & Olson; Allen & Overy; Shapiro Arato Bach; and Kramer Levin Naftalis & Frankel argued that the panel decision defied U.S. Supreme Court precedent and raised issues of "exceptional importance" that...

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NY Judge Sanctions Simmons Hanly for 'Frivolous' Disclosure of J&J CEO's Deposition

Tue, 02/04/2020 - 17:20

A judge in a New York talc case found that Simmons Hanly Conroy's disclosure of Johnson & Johnson CEO Alex Gorsky's deposition to Reuters "was frivolous and done to harass the defendants," and ordered a Feb. 24 hearing before a special master to determine monetary sanctions.


Children's Clothing Retailer Hanna Andersson Customers Sue Salesforce for Data Breach

Tue, 02/04/2020 - 15:14

Customers whose information was sold on the dark web after malware infected retailer Hanna Andersson's Salesforce e-commerce platform will face "a lifetime risk of identity theft," according to a complaint filed Monday in the U.S. District Court for the Northern District of California.


How 5 Mega Firms Helped Airbus Land Its Massive Settlement

Tue, 02/04/2020 - 14:55

The $4 billion settlement closed a long-running, multijurisdiction investigation into alleged corruption and bribery by the aircraft maker.


Litigation Boutique Reichman Jorgensen Snags Founder of Allen & Overy's US Litigation Group

Tue, 02/04/2020 - 13:27

White-collar litigator Michael Feldberg, who launched the Magic Circle firm's U.S. litigation department nearly two decades ago, has joined McKool Smith spinoff Reichman Jorgensen.


Kasowitz Duo, Including Ex-Trump Lawyer Bowe, Jump to Brown Rudnick

Tue, 02/04/2020 - 09:00

After a combined three decades at Kasowitz, Michael Bowe and Lauren Tabaksblat are taking their busy litigation practices to a Boston-based rival.


Daily Dicta: Why the Feds Deserved to Fail in Fitbit Trade Secrets Case

Tue, 02/04/2020 - 00:34

'We have always believed that our client was innocent and that this case never should have been brought,' said Walter Brown Jr., who heads Orrick's white collar practice


Defense Counsel on Cross Attempts to Show Accuser 'Manipulated' Harvey Weinstein

Mon, 02/03/2020 - 18:34

The defense lawyer repeatedly returned to the idea that Jessica Mann, former actress, had manipulated Weinstein for career opportunities.


Challenges to Mandatory Bar Dues Pile Up at Supreme Court

Mon, 02/03/2020 - 18:25

"A bar association is not the exclusive representative of its membership in any context. A lawyer is always free to publicly take a position contrary to that of the state bar of which the lawyer is a member," Goldstein & Russell partner Sarah Harrington tells the justices.


Plaintiffs Firms Becoming Breeding Grounds for Legal Tech Ventures

Mon, 02/03/2020 - 16:17

"We haven't gone through that same revolution in law," the Northwestern University law professor said, comparing the legal profession to the medical field.


Will 'Forever Chemicals' Be the Next Big Toxic Tort?

Mon, 02/03/2020 - 15:45

Plaintiffs lawyer Scott Summy, of Baron & Budd, said "forever chemicals," discovered in the drinking water of several communities, "are probably the largest environmental hazard in the country right now."


Suit by Wachtell Against Carl Icahn's CVR Energy Dismissed

Mon, 02/03/2020 - 14:06

Wachtell Lipton and CVR have now litigated themselves to a draw, with the suit each filed against the other having been dismissed.


Federal Circuit Questions Proper Use of PACER Fees

Mon, 02/03/2020 - 14:01

The judges offered up hypotheticals about when PACER fees could be used by the federal judiciary, like the redecoration of judges' chambers.


Daily Dicta: 'Varsity Blues' Parent Accuses Feds of Withholding Exculpatory Evidence in College Admissions Scandal

Sun, 02/02/2020 - 22:42

Lawyers from Hueston Hennigan and Sidley Austin representing private equity investor William McGlashan Jr. offer a far more nuanced narrative than federal prosecutors originally presented, laying the grounds for an entrapment defense and possible acquittal.


Two New York Boies Schiller Partners Leave for Jenner & Block

Sun, 02/02/2020 - 15:26

Lee Wolosky and Dawn Smalls, who are monitors to Deutsche Bank's compliance with a major regulatory settlement, are moving to Jenner & Block. They are the latest partner exits from Boies Schiller.


Sirius XM Settles Telephone Consumer Protection Act Class Action for $32.4M

Fri, 01/31/2020 - 18:17

Under the terms of the settlement approved by a federal judge in Texas, claimants are entitled to a share of a $25 million settlement fund or three months of premium Sirius XM programming.


Senate Nixes Witnesses for Trump's Impeachment Trial--But That Doesn't Mean the House Will Stop Trying

Fri, 01/31/2020 - 17:47

Lead House manager Adam Schiff indicated to the Senate Friday that the House won't give up on hearing more testimony: "Witnesses will tell their stories in future congressional hearings, in books and in the media."


When Rogue and Stealth Jurors Undermine the Justice System

Fri, 01/31/2020 - 14:27

Juror misconduct can cause the innocent to be convicted, the guilty to go free, and taxpayers to pay for easily preventable retrials.


And the LOTW Runners Up...

Fri, 01/31/2020 - 13:47

Honorable mention goes to lawyers from McKool Smith; Dechert; Foley Hoag; Sullivan & Cromwell; Akin Gump; and Winston & Strawn.


Former General Counsel of W.R. Berkley Subsidiary Sues Over Alleged Age Discrimination

Fri, 01/31/2020 - 13:22

William Schrimpf alleges that he witnessed his boss complaining during open meetings "about the financial drag that older executives" put on the company before adding that "they needed to get the head count down."