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Republican Who Might Become FTC's Next Chair Blasts Democratic Commissioners' 'All Mergers Are Bad' Mindset

Thu, 2024-11-14 19:36

"The current administration's leadership of the FTC appears to think our default should be placing roadblocks in the way of all mergers, wherever possible," GOP commissioner Melissa Holyoak said at Thursday's board meeting.

       

The Law Firm Disrupted: It's Bonus Time

Thu, 2024-11-14 19:33

Once again, Milbank is the first mover, and peer firms will likely follow. But two questions remain. What figure are they going to match? And when?

       

The Coming of Trump's Judicial Picks Spurs Liberals to Press for Biden's

Thu, 2024-11-14 18:27
Federal-court watchers say they would not be surprised to see the GOP-appointed judges opting to step down shortly after Trump is sworn in on Jan. 20.        

'We Should Be Pragmatic': Meet the Possible Next FTC Chair

Thu, 2024-11-14 18:01

“We're holding them hostage, Republican Commissioner Melissa Holyoak of the Federal Trade Commission said of merging parties affected by FTC Chair Lina Khan's strategic use of consent orders. “This is an extreme abuse of our authority. It is so troubling to me.

       

Bank of America's Cash Sweep Program Attracts New Legal Fire in Class Action

Thu, 2024-11-14 17:46

A New Jersey resident accused the bank of offering paltry interest rates on its "cash sweep" accounts.

       

Jury That Convicted Ex-Sen. Robert Menendez Accidentally Saw Improper Evidence, Prosecutors Say

Thu, 2024-11-14 17:44

The exhibits seen by the jury did not contain the full redactions ordered by the presiding judge, according to federal prosecutors..

       

'Outstanding Cooperation': Feds Seek Leniency in Sentencing for Ex-FTX Executive Gary Wang

Thu, 2024-11-14 16:04

As part of his ongoing cooperation, prosecutors say Wang has built software that will help the DOJ detect fraud.

       

'Grave Matter of Serious Consequences': Why a Missouri Judge Sanctioned a Top Kirkland & Ellis Attorney

Thu, 2024-11-14 16:01

"I was acting in absolute good faith" Kirkland & Ellis partner Jim Hurst told 22nd Judicial Circuit Judge Michael Noble hours before the court entered an Oct. 24 sanctions order in an infant formula trial, according to a transcript. "I was nowhere near intentionally violating your orders."

       

More Than 2 Dozen Lawyers Leave DLA Piper Affiliate in Brazil to Form New Firm

Thu, 2024-11-14 15:54

COSRO Advogados is launching as a full-service firm with 12 partners, several of whom held prominent roles at DLA Piper and its affiliate, Campos Mello.

       

Large Group Leaves DLA Piper Affiliate in Brazil to Form New Firm

Thu, 2024-11-14 15:54

COSRO Advogados is launching as a full-service firm with 12 partners, several of whom held prominent roles at DLA Piper and its affiliate, Campos Mello.

       

NLRB Bans 'Captive Audience' Meetings, Yanking Away Platform Employers Used to Combat Unionizing

Thu, 2024-11-14 15:14

The decision, which drew a dissent from the sole Republican on the board, upends 76 years of precedent.

       

The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies

Thu, 2024-11-14 15:11

Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.

       

Bosworth Claims It Was Kline & Specter, Not Him, That Breached Settlement Terms

Thu, 2024-11-14 15:09

“K&S is the only party who has breached the settlement agreement, Thomas Bosworth alleged. He asked the court to award him attorney fees relating to the firm's motion, which he claimed “was brought in bad faith and with an intent to injure Bosworth financially.

       

K&L Gates Faces Malpractice Suit: 'An Experienced Labor Attorney Would Know'

Thu, 2024-11-14 15:06

The outcome of the union vote resulted in damages for the plaintiffs, including the increased operating costs and the diminished value of the hotel, the suit alleges.

       

Suit Over Citric Acid in Kraft Mac & Cheese Survives Challenge

Thu, 2024-11-14 14:37

"[The] plaintiffs have described several respects in which artificial citric acid differs from natural citric acid. Dismissal on this basis is thus inappropriate," U.S. District Judge Mary M. Rowland said, clearing the way for a products liability suit to proceed against Kraft Heinz for marketing its macaroni and cheese product as having no preservatives.

       

How Big Law Congressional Investigation Practices Will Stay Busy in 2025

Thu, 2024-11-14 14:31

“I don't think that there's a single industry that's safe anymore, safe meaning like off-limits from investigations, Hogan Lovells partner Michael Bell said.

       

Gensler Defends Work at SEC in What Sounds Like Farewell

Thu, 2024-11-14 14:24

Securities and Exchange Commission Chair Gary Gensler touches on controversial cryptocurrency and climate disclosure regulations in likely valedictory speech.

       

Senate Democrats Advance 4th Circuit Pick Ryan Park's Nomination

Thu, 2024-11-14 12:24

Park, North Carolina's solicitor general, was moved out of the committee in a 11-10 vote along party lines.

       

Judge Rejects Meta's Plea to Send FTC Antitrust Suit to Trash Heap

Thu, 2024-11-14 12:22

Though Judge James Boasberg sided with the FTC, he said the "commission faces hard questions about whether its claims can hold up in the crucible of trial. Indeed, its positions at times strain this country's creaking antitrust precedents to their limits.”

       

Court Rules Mere Conduit Defense Not Suitable for a Motion to Dismiss

Thu, 2024-11-14 12:19

At the motion to dismiss stage, courts usually won't consider affirmative defenses. This issue arose recently in a preferential transfer case, where a defendant sought to dismiss a complaint by arguing it was a mere conduit, not an initial transferee.

       

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