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How the Deal Got Done: Debevoise and Cerberus/ECI

Thu, 2025-09-25 07:59

Debevoise & Plimpton recently advised Cerberus Capital Management L.P. and Electrical Components International (ECI) in the sale of ECI to Rosebank Industries in a transaction valued at approximately $1.9 billion. New York partner Katherine Durnan Taylor and London partner Dominic Blaxill offer this perspective on "How the Deal Got Done."

       

White & Case, Winston and Cadwalader Among US Firms Making Key Hires in London

Thu, 2025-09-25 05:14

U.S. firms have been leading much of the lateral hiring taking place in London's legal market right now.

       

AI Governance in Legal Practice: From Risk to Strategic Advantage

Thu, 2025-09-25 00:40

Discover how legal leaders can turn shadow AI from a risk into an opportunity—safeguarding privilege while unlocking competitive advantage.

       

9th Circuit Petitioned for En Banc Rehearing After Striking Down Challenge to SEC's Settlement ‘Gag Rule'

Wed, 2025-09-24 20:25

A conservative nonprofit public interest law firm is requesting that an en banc panel on the U.S. Court of Appeals for the Ninth Circuit rehear its First Amendment challenge to the U.S. Securities and Exchange Commission's so-called "gag rule," which the court rejected in August.

       

Supreme Court Will Likely Decide Legal Status of Prediction Markets, Law Professor Says

Wed, 2025-09-24 19:51

The justices' decision would likely turn "upon whether you see these products as financial products or whether you see them as betting,” said Washington and Lee University School of Law professor Melinda Roth.

       

Florida Talc Trial Begins Against Johnson & Johnson: ‘It Was Not Pure'

Wed, 2025-09-24 19:00

On Wednesday, jurors in Florida's Broward County listened to opening statements in a case brought by the family of Albert Casaretto, 78, who died from mesothelioma after more than 50 years of using Johnson & Johnson's talc products.

       

Manhattan Federal Judge Threatens DOJ With Sanctions Over Comments Made About Mangione Case

Wed, 2025-09-24 17:00

The warning, from U.S. District Court Judge Margaret Garnett, comes after high-ranking DOJ officials posted content online that belied Mangione's presumption of innocence. The judge also asked prosecutors to advise Deputy Attorney General Todd Blanche to inform other officials that further violations could result in sanctions.

       

Call Me, Maybe Not: The Lost Art of the Business Phone Call

Wed, 2025-09-24 16:49

There's still nothing quite like a voice on the other end of the line. A well-timed call can eliminate ambiguity, reduce tension or open the door to collaboration in a way that emails, texts and video meetings often can't.

       

Post-SCOTUS District Court Ruling In Jack Daniel's v. VIP Products Reshapes Trademark Dilution Jurisprudence

Wed, 2025-09-24 16:39
For companies developing novelty products, advertising campaigns, or brand-related parodies, this case underscores the importance of reviewing both confusion and reputational risks. For rights holders, it affirms that parody is not a license to defame a brand.        

Beyond Press Releases: Why Legal PR Must Evolve In the Age of AI

Wed, 2025-09-24 15:59

In today's legal marketplace, AI-powered algorithms have become the new gatekeepers of visibility and credibility. As these algorithms scan, validate and surface expertise, the traditional legal PR playbook, centered on press releases announcing lateral hires, client wins or firm milestones, is losing impact. Success now depends on understanding how AI evaluates expertise through third-party endorsement and on adapting PR strategies accordingly.

       

State AGs Challenge Capital One's $425M Settlement, Say Deal 'Perpetuates' Deceit

Wed, 2025-09-24 15:53

“The premise of the Proposed Settlement is that class members will remain in 360 Savings accounts that pay materially lower interest than otherwise-identical 360 Performance Savings accounts, and Capital One will continue to profit from an artificial distinction of its own making. The parties call this an excellent result,' 18 state attorneys general argued, pushing a Virginia federal court to reject the deal.

       

Kansas City Life Insurance Reaches $45M Class-Action Settlement

Wed, 2025-09-24 15:51

"We believe the settlement is the right course of action to remove future uncertainty and ongoing legal expense, serving the best interests of the policyholders, company and shareholders and will allow us to focus on moving forward to better serve our policyholders and the life insurance marketplace," said Walter E. Bixby, president, CEO and vice chairman of the Board of Kansas City Life Insurance.

       

SDNY Judge Compels Zillow Co-Founder Deposition in Home Listings Antitrust Case

Wed, 2025-09-24 15:43

"Upon review of the parties' submissions, the Court finds that Plaintiff has adequately established Mr. [Lloyd] Frink possesses unique and personal knowledge relevant to the pending preliminary injunction motion," U.S. District Judge Jeannette Vargas wrote in an order compelling the deposition of Zillow's co-founder Frink in an antitrust lawsuit challenging Zillow's home listing policy.

       

TD Securities Faces Legal Challenge to Ex-Worker's Non-Compete Clause

Wed, 2025-09-24 15:42

A lawsuit was filed on bahalf of a former trader seeking a declaration that TD Securities' non-compete is enforceable, void or otherwise inapplicable, alleging that the agreement covers too much geographic territory and subject matter, runs too long, and isn't reasonably necessary to protect a legitimate business interest.

       

Santa Clara Law to Provide Scholarships to All Incoming JD Candidates

Wed, 2025-09-24 15:26

The $16,000 renewable scholarship will be guaranteed to any full-time J.D. candidate who enrolls next fall, and $12,500 to those in the school's Flex J.D. program.

       

Insurers, Providers Face Newly Fragmented Vaccine Landscape

Wed, 2025-09-24 15:14

“Multi-state providers, payers, and vendors will need to navigate inconsistent state rules," Greenbaum, Rowe, Smith & Davis attorney Sukrti Thonse wrote in a client note.

       

Sample Prompts: Judge Creates Framework for AI Use

Wed, 2025-09-24 14:57
A state appeals court judge has created what is likely the first public framework for AI use in judicial chambers. It provides guidelines and sample prompts to help courts manage AI-generated evidence and related misconduct. Judge Scott Schlegel developed it after seeing judges adopt AI tools.        

Swiss Firm Sues Bitcoin Media Company BTC, Citing $150M Fraud

Wed, 2025-09-24 14:17

The Nashville-based operator of Bitcoin Magazine issued a blanket denial of all allegations.

       

Rethinking Records: How Smarter Strategies Are Unlocking Space, Security and Savings for Law Firms

Wed, 2025-09-24 13:46

In an industry where every square foot and every second count, paper records are more than a legacy. They are a liability. While many law firms continue to manage sprawling records rooms and offsite storage contracts, a growing number are discovering measurable value, both fiscal and strategic, by embracing smarter digitization strategies.

       

Law Firms' Free Legal Work for Trump Gets More Scrutiny From Democrats

Wed, 2025-09-24 13:43

Lawmakers sent letters on Wednesday to Paul Weiss, Kirkland and Skadden, pressing the firms for details about the pro bono services they are providing to "Trump's pet causes."

       

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