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Multinationals Face Huge Fines for Supply Chain Breaches Under New EU Directive

Tue, 2024-06-11 17:06

International companies that fail to comply with the EU Corporate Sustainability Due Diligence Directive by 2027 could face fines as high as 5% of their worldwide turnover as well as increased compliance costs and lawsuits.


Arnold & Porter Defends Baby Formula Company Perrigo in Antitrust Class Action

Tue, 2024-06-11 16:57

Ian S. Hoffman, Matthew Tabas and C. Scott Lent of Arnold & Porter represent Perrigo in the antitrust class action filed in the U.S. District Court for the Eastern District of Virginia, according to the case docket.


Trade Secret Protection Plans Provide Certainty to Employers

Tue, 2024-06-11 16:34

The protection of trade secrets has long been understood to be a legitimate business interest, and, traditionally, companies have used non-competition clauses to protect their trade secrets. Now, with non-competition agreements in doubt and facing greater scrutiny, companies will need to rely on other protection mechanisms.


Supreme Court Eyes Major Cases on Climate Change, Voting Rights Act

Tue, 2024-06-11 16:25

The justices have called for the views of the U.S. solicitor general, a signal of their interest in perhaps taking up these issues next term.


'Back to Business': Ozempic MDL's New Judge Pushes Litigation Forward in Wake of Predecessor's Death

Tue, 2024-06-11 15:51

Marston held the status conference just two weekdays after the U.S. Judicial Panel on Multidistrict Litigation reassigned the MDL to her. The litigation, which Pratter had overseen since its coordination in February, had gone about three weeks without a judge.


Manhattan Court Dismisses $80M Breach-of-Employment Contract Suit Against Blockchain Firm Chainalysis

Tue, 2024-06-11 15:27

Judge Joel M. Cohen of the Commercial Division of the New York Supreme Court sided with Chainalysis, who was represented by counsel from Skadden, Arps, Slate, Meagher & Flom, granting the company's motion to dismiss plaintiff Blake Ratliff's breach-of-contract suit for failure to state a viable claim for relief, and finding the suit untimely, according to a June 7 decision.


Netflix Shareholders Give New Exec Pay Plan Thumb's Up After Panning Prior Version

Tue, 2024-06-11 15:17

"It is a positive step, but probably falls under the category of 'too little too late,'" former activist investor Rosanna Landis Weaver said.


Law Firm on the Hook Over Suit Against Ex-Client as Anti-SLAPP Law Tested

Tue, 2024-06-11 14:45

Consumers' online reviews of lawyers have been deemed a matter of public concern for SLAPP purposes in California, New York, Oregon and Washington state, said defense attorney Bruce Rosen.


Musk's Focus on X Has Come at Tesla's Expense, Shareholder Lawsuit Claims

Tue, 2024-06-11 14:31

"Neither Musk's past success nor his importance to Tesla's business gives him carte blanche to treat his fiduciary duties to Tesla as optional," the complaint states.


'We Just Focused on the Factual Record': Kirkland & Ellis Successfully Defends Pharmaceutical Companies in Lipitor MDL

Tue, 2024-06-11 14:06

Counsel for Sun Pharmaceutical and Ranbaxy, Devora W. Allon, a partner with Kirkland & Ellis in New York, said that the plaintiffs hired a regulatory expert to say that the Food and Drug Administration moves as fast as it can and that if there had been an earlier target date, the FDA would have met that date.


Million-Dollar Win: Munsch Hardt Victorious for Michaels Stores in Trademark Fight

Tue, 2024-06-11 14:00

Munsch Hardt was able to rebut the allegations because Michaels could show it was developing its own paint-by-numbers product months before it met with the plaintiffs, shareholder Jamil N. Alibhai said.


8th Circuit Denies Campaign Committee's Attorney Fees in 'Success Kid' Copyright Suit

Tue, 2024-06-11 10:54

The court ultimately concluded that the jury properly determined that the committee didn't make fair use of the template because the fair-use test weighs heavily in the plaintiff's favor.


Court Stymies Judge Who Ordered Southwest Attorneys Into 'Religious Liberty' Training

Tue, 2024-06-11 08:20

The U.S. Court of Appeals for the Fifth Circuit found Judge Brantley Starr likely exceeded his authority when he doled out the contempt sanction last summer in a religious-discrimination case brought by one of the airline's flight attendants.


Willkie Raids Latham for 11-Lawyer Restructuring Team in Major German Expansion

Tue, 2024-06-11 07:00

Willkie Farr & Gallagher has hired former Latham bankruptcy and restructuring lawyers Jo rn Kowalewski, Ulrich Klockenbrink and Hendrik Hauke as part of its new German strategy along with counsel Jan-Philipp Pra and a team of seven associates.


ArentFox Schiff Recruits 13-Lawyer Team, in Latest Group Exit From Burns & Levinson

Tue, 2024-06-11 05:00

Hit with another group departure, Burns & Levinson said it's exploring a combination, among other growth options.


Diversity Lab Hackathon Targets DEI Headwinds, Inclusive Talent Management

Tue, 2024-06-11 05:00

Diversity Lab's "Moments to Movements Hackathon" convenes more than 100 law firm partners, in-house leaders and others to address leading issues in diversity, equity and inclusion.


4-Partner Cadwalader London Team Walks to King & Spalding

Tue, 2024-06-11 00:49

The move is being fuelled by an increasing focus on funds work, people with knowledge of the move have said.


9th Circuit Appears Wary of Lawsuit Challenging Biden's Gaza Policy

Mon, 2024-06-10 18:13

Appellate judges questioned whether they have the authority to become involved in U.S. foreign affairs.


Canadian Judge Rules Ukrainian Airline Was Negligent for Letting Doomed Flight Take Off From Tehran

Mon, 2024-06-10 17:48

The judgment means compensation for families of victims can exceed the $180,00 per passenger set out by Montreal Convention rules.


US Jury Finds Chiquita Liable for Colombia Terror Deaths

Mon, 2024-06-10 17:07

Jurors award $38.3 million to families of eight Colombians who were murdered by death squads that the banana grower paid to protect its business in the South American country.