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Prickett and Kessler Topaz Win $2.5M in Fees for Shareholder That Challenged Microsoft-Activision Deal

Mon, 2025-05-05 16:44
The decision is the latest development in Chancery litigation that's been underway since November 2022, when Activision shareholder and Swedish pension fund Sjunde AP-fonden filed a lawsuit claiming the company's merger with Microsoft violated Delaware laws on board negotiation and merger approval requirements.        

Long Island Judge Joseph Nocella Now EDNY Interim U.S. Attorney

Mon, 2025-05-05 16:10

Nocella's appointment as an interim U.S. Attorney for the Eastern District of New York—which covers Brooklyn, Queens, Staten Island, Nassau and Suffolk counties—comes after U.S. Sen. Charles Schumer, D-New York, said in April that he would not support Nocella for the post, effectively blocking his nomination.

       

Are Some Law Firms That Settled With Trump Getting the Cold Shoulder From Legal Departments?

Mon, 2025-05-05 15:57

"I have pulled firms off of prospective new work," one GC said. "I'm literally in a thread with other GCs, and those two firms have been pulled from other people's panels as well."

       

Suits Allege GM Overstated Tech Prowess of Now-Shuttered Robotaxi Unit

Mon, 2025-05-05 15:29

"Misrepresentations can inflate stock prices, harm shareholders when the truth emerges and trigger securities fraud investigations by regulators like the SEC or private plaintiffs," said Joseph Falcon, a partner at Barley Snyder.

       

Lawsuit Challenges Legality of Drake-Backed Crypto Casino Stake.us

Mon, 2025-05-05 15:16

“The trend shows that both regulators and plaintiffs now focus their attention on online gambling models, especially when cryptocurrency enters the picture, said Patrick Gruhn, the ex-head of FTX Europe. “The court decision will clarify how current laws apply to modern digital business operations."

       

Australia Reelects Prime Minister Anthony Albanese in Shadow of Trump Tariffs

Mon, 2025-05-05 15:08

The newly reelected government is planning to cut back on the use of external consultants and lawyers to save $4.1 billion.

       

Lloyd's of London Faces an Additional $800K in Interest in Coverage Dispute, State Appellate Court Rules

Mon, 2025-05-05 14:06

"Application of § 6C is complicated, because the case law freely acknowledges that under some circumstances, our courts have not followed the statute's plain language in awarding interest. Here we conclude that interest on the first stipulated amount ($2.274 million) should be calculated from the date that Lloyd's denied coverage in 2018 (which is the date of the breach), and that interest on the remaining amount ($236,000) should be calculated from the date that additional amount was actually paid to one of the contractors for work completed, in 2022."

       

Supreme Court Asks for Solicitor General's Take on Exxon's Cuban Revolution Lawsuit

Mon, 2025-05-05 11:53

The justices want the Trump administration's view on what to do with Exxon's petition to revive a lawsuit over the nationalization of Cuba's oil industry following its communist revolution.

       

How I Made Law Firm Leadership: 'Truly Understand Your Firm's Values, Culture and Approach to Client Service,' Says Theresa Wang of Stokes Lawrence

Mon, 2025-05-05 10:59

"My biggest piece of advice is to truly understand your firm's values, culture, and approach to client service—those should be your guiding principles. Beyond that, build strong relationships, do excellent work, be good to people, and listen. Leadership is not just about making decisions; it is about earning the respect and confidence of those around you."

       

'Baffling Course of Events:' Plaintiffs, Attorneys Blamed for Delayed Excusable Neglect Claims

Mon, 2025-05-05 10:35

"Plaintiffs argue that relief from judgment is justified when a party's attorney suffers illness or incapacity. Of course this is true. But that is not the issue here. The issue, rather, is that no one on plaintiffs' side acted expeditiously to inform the court of Mr. Biss's incapacity or plaintiffs' intent to continue to pursue their claims," wrote U.S. District Judge Thomas M. Durkin.

       

War on DEI Spurring Companies to Pull Out a Thesaurus, Not a White Flag

Mon, 2025-05-05 08:53

"Although companies may be renaming, rebranding and shifting focus from some DEI work, it is clear that the majority are remaining committed to sustaining the momentum of the past five years," said Olivia Knight of As You Sow, an advocate for environmental and social responsibility.

       

Some Positives For Legal Industry in Q1, but Next Few Quarters May Be 'Rocky'

Mon, 2025-05-05 04:59

Industry observers at Thomson Reuters warned that the current pattern of strong demand in the face of broader economic uncertainty is reminiscent of the last extended downtown for the law firm world.

       

Slamming Boxes, Dirty Looks: Georgia Judge in $2B Roundup Verdict Threatened Plaintiffs' Lawyers With Contempt Order

Mon, 2025-05-05 04:59

Monsanto's lawyers cited the 'inflammatory behavior' by plaintiffs' lawyers, primarily at Arnold & Itkin, in an April 24 motion for a new trial.

       

NLJ 500 Attorney's Advice During Deposition Costs Him $7.5K in Sanctions

Mon, 2025-05-05 00:38
"If anything, the deponent's outright and repeated refusal to answer proper questions is more troubling than any of the questions posed by Weaver's counsel. For these reasons, the court finds that Ayres's instruction for his client not to answer questions about the Gomes case lacks any justification, much less a substantial one," U.S. District Judge Virginia M. Kendall wrote.        

California Supreme Court Lowers Passing Score on February Bar Exam, Orders Return to Multistate Exam in July

Fri, 2025-05-02 19:55

In a brief order, the state Supreme Court justices said they remain concerned about the bar's use of AI to write test questions and will await the results of investigations into how the exam was prepared and administered.

       

Judge Bars Trump Administration From Enforcing Perkins Coie Executive Order

Fri, 2025-05-02 19:01

The firm's federal court win makes Perkins the first firm to successfully challenge the government's demands.

       

Judge Slays Firm's Use of Dragon Logo in Filing

Fri, 2025-05-02 18:02

"The Court is not a cartoon," wrote a federal magistrate judge in response to a law firm's illustrated dragon watermark on court documents.

       

Attorney and Law Firm Accused of Defamation in WWE Litigation

Fri, 2025-05-02 17:59

An attorney who's settled high-profile defamation lawsuits is representing a doctor in a new lawsuit against an attorney and her firm in litigation involving World Wrestling Entertainment Inc. CEO Vince McMahon.

       

AALS History Book Documents Importance of the Rule of Law Over 125 Years

Fri, 2025-05-02 16:02

“Law professors didn't want the government to tell them what to do, but they believed they could help each other to be the best possible, and that's still our goal 125 years later, Judy Areen, co-author of the book and former executive director of AALS, told Law.com.

       

‘Courage of the Bar:' Brooklyn Bench Marks Law Day

Fri, 2025-05-02 15:45

The judges and staff of Brooklyn Supreme Court this year reflected on unity.

       

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