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Updated: 1 hour 18 min ago

Ernst & Young Hid Client's Inflated Revenues, Investors Claim

Thu, 2024-12-19 15:22

The investors say that with Ernst & Young's "critical" support, Brooge Petroleum and Gas Investment Company FZE was able to inflate its revenue by tens of millions of dollars between 2018 and 2020.

       

'Everything From A to Z': University GCs Tested by Legal, Financial, Societal Challenges

Thu, 2024-12-19 15:03
“The issues in higher education are some of the most compelling out there right now, said David Simon, former general counsel of the Philadelphia College of Osteopathic Medicine.
       

Five Noteworthy Litigation Trends of 2024—and What to Watch in 2025

Thu, 2024-12-19 15:00

With the potential to redefine key areas of the law, here are the five most interesting litigation hotspots spotted by Law.com Radar in 2024.

       

Buzbee Law Firm Accuses Quinn Emanuel of Barratry, Civil Conspiracy

Thu, 2024-12-19 14:41

The Buzbee Law Firm filed suit in Harris County accusing Quinn Emanuel and a Mississippi attorney of barratry and civil conspiracy.

       

Cozen O'Connor Founder Stephen Cozen Dies at 85

Thu, 2024-12-19 14:40

Cozen, firm chair, continued to actively practice law up until two weeks ago, when he first became ill.

       

Davis Polk Moves to New, Expanded Redwood City Office

Thu, 2024-12-19 14:03

The new Northern California office is 31% bigger than the firm's previous one.

       

Luigi Mangione Charged in Federal Court for Stalking, Murder and Firearms Offenses

Thu, 2024-12-19 12:44

There is a general understanding between jurisdictions that the feds proceed with their case first, said a former veteran prosecutor. “But, he clarified, “There is no formula." Manhattan DA Alvin Bragg said his office was in conversation with the Southern District of New York.

       

Luigi Mangione Indicted in Federal Court for Stalking, Murder and Firearms Offenses

Thu, 2024-12-19 12:44

Mangione is expected to appear in Manhattan federal court on the indictment later on Thursday.

       

Longtime Georgetown Law Dean to Step Down in 2025

Thu, 2024-12-19 10:48

William Treanor will move to a full-time faculty position at the end of the academic year.

       

Virtual Reality Debuts in Florida Courtroom

Thu, 2024-12-19 10:36
This innovative approach was the brainchild of Fort Lauderdale attorneys Kenneth and Joshua Padowitz, who petitioned the court to allow Oculus Quest 2 headsets to assist the fact finder in understanding a crime scene reconstructionist's opinion.        

Conquering Holiday Stress

Thu, 2024-12-19 10:06

While many people delight in holiday gatherings and celebrations, those within the legal realm must navigate a unique set of challenges, including heavy caseloads, demanding clients and personal holiday commitments. Between stress at work and responsibilities at home, this can seem daunting and, at times, outright overwhelming. To help navigate this season, here are six tips to help conquer holiday stress.

       

Pre-Internet High Court Ruling Hobbling Efforts to Keep Tech Giants from Using Below-Cost Pricing to Bury Rivals

Thu, 2024-12-19 09:54

Predatory pricing "can be particularly salient in digital markets, where firms are incentivized to prioritize growth over profits in the short term to chase scale and to cement their dominance," Federal Trade Commission Chair Lina Khan said.

       

‘Wake Up Call': Pressure for Law Firm Mergers Grows in 2024

Thu, 2024-12-19 04:59

Some analysts are predicting even more moves in 2025, even if the number of completed unions this year is likely to be on par or only slightly ahead of where it was in 2023.

       

High Court May Limit the Reach of the Wire Fraud Statute

Wed, 2024-12-18 23:26
On Dec. 9, 2024, the Supreme Court heard oral argument in 'Kousisis v. United States', which considers the viability of the fraudulent inducement theory under which the government argues that deception to induce a commercial exchange can constitute mail or wire fraud, even if inflicting economic harm on the alleged victim was not the object of the scheme.        

How the Deal Got Done: Sidley Austin and NWSL Angel City Football Club/Iger

Wed, 2024-12-18 22:59
Sidley Austin represented Angel City FC (ACFC), the Los Angeles-based National Women's Soccer League (NWSL) club, in its $250M controlling stake sale to Willow Bay, dean of the USC Annenberg School for Communication and Journalism, and Bob Iger, CEO of the Walt Disney Company. Sidley's deal team was led by partner Eric Geffner, a member of the firm's Entertainment, Sports and Media, M&A and Private Equity groups. He offers this perspective on “How the Deal Got Done.
       

‘BiT Global Lost': Federal Judge Won't Stop Coinbase From Delisting wBTC Token

Wed, 2024-12-18 19:49

“Ultimately, I have no evidence from you about what is to come, U.S. District Judge Araceli Marti nez-Olgui n of the Northern District of California ruled on Wednesday.

       

Judge Asks: Should Tom Girardi Serve Sentence in a Medical Facility or Behind Bars?

Wed, 2024-12-18 19:45

U.S. District Judge Josephine Staton, who is scheduled to sentence Tom Girardi this Friday, ordered both sides to submit additional briefing on whether he should serve time in a medical facility.

       

Burford Sets Sights on UAE's Surge in Construction & Disputes

Wed, 2024-12-18 18:28

Burford Capital is expanding its focus to fund construction arbitration in the UAE, targeting high-value disputes as the sector experiences significant growth.

       

Will Khan Resign? FTC Chair Isn't Saying Whether She'll Stick Around After Giving Up Gavel

Wed, 2024-12-18 18:00

“Some of the more politicized cases might end up in ties, and you can't enforce without a majority, said Gerald Stein, a partner at Davis Wright Tremaine.

       

Judges' ‘Unretirements' After Trump's Win Spark Dubious Ethics Complaints

Wed, 2024-12-18 17:21

“There's nothing unethical about it at all," said law professor Michael J. Gerhardt. "A judge is allowed in the system that we have to change their mind."

       

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