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Judge Rules Against Insurer in $127M Suit Over Aircraft 'Theft'

Tue, 2024-08-13 13:22

"From public reporting, we understand that the total amounts of these claims are in excess of $10 billion," said one of the attorneys involved in a separate but similar lawsuit.

       

By the Data: A Weekly Look at Legal Industry Trends

Tue, 2024-08-13 13:00

Dig into must-see data from the Law.com Newsroom.

       

'Trapped in the Floor': $5.25M Settlement Reached Years After Tenant's Death

Tue, 2024-08-13 11:38

"Perhaps it is not tort reform that we need but insurance reform," said plaintiff counsel Cash Krugler Fredericks partners Alwyn Fredericks. "Insurance companies should fairly assess and resolve cases on the front end as opposed to crying foul when a jury hammers them for not doing their jobs."

       

Davis Polk Adds Debevoise Fund Formation Partners in 'Transformative Development'

Tue, 2024-08-13 11:07

Firm chair Neil Barr said, "Growing our investment management platform to scale is a top priority for our firm."

       

Witness: Ex-Girardi Keese Funds Paid for Lavish Parties, Erika Girardi's Business

Tue, 2024-08-13 11:04

Norina Rouillard, who joined Girardi Keese's accounting department in 2003, testified on Monday about millions of dollars flowing from the Los Angeles law firm's bank accounts for Tom Girardi's lavish parties, country clubs, private jets and the expenses of his wife Erika Girardi's entertainment business.

       

Who Got the Work: Willkie Farr and Gibson Dunn Enter Appearances for Big Tech in Pending Privacy Class Action

Tue, 2024-08-13 11:02

Plaintiffs say a wellness company breached California's wiretapping and eavesdropping laws by feeding consumers' confidential information to Big Tech "third-party" defendants through its websites.

       

Tyson Veteran to Succeed Target's Don Liu as Legal Chief

Tue, 2024-08-13 10:36

Amy Tu is taking the reins of a retail goliath with 415,000 workers and annual sales of $107 billion.

       

Judge Whittles Down Artists' Landmark AI Copyright Suit but Keeps Core Infringement Claims Alive

Tue, 2024-08-13 08:03

Judge William Orrick found that the cartoonists, painters and illustrators who filed the case have plausibly shown their works were used in AI training, which he said was sufficient to allow the case testing whether the fair use doctrine applies to AI-powered image generation tools to move forward.

       

'Window Dressing': How Associates Really Feel About 6-Figure NQ Salaries

Tue, 2024-08-13 08:01

Several industry commentators, associates among them, talk about the unpleasant side of the pay war.

       

Cahill Recruits Wilmer Partner to Lead New Congressional Investigations Practice

Tue, 2024-08-13 05:00

The New York firm aims to offer the investigations service for financial services clients, "to keep those matters and make sure we can have that offering for the clients who need them," said Edward O'Callaghan.

       

Summer's in the aiR: Recent Updates From Relativity

Tue, 2024-08-13 00:22

From Relativity aiR for Review to Relativity Contracts, the e-discovery provider has announced a number of updates and developments in recent months.

       

United Community Bank Seeks $4.1M in Loan Repayments From Charlotte-Based Housing Developer

Tue, 2024-08-13 00:05

Despite notices to the defendants, the bank claims that as of July 23, Nest Homes has failed to make payments consisting of: $4 million in principal fees; $140,399.70 in accrued and unpaid interest; and $5,246.29 in late fees and other charges, and interest continues to accrue at $1,064.32 per day, the complaint said.

       

Justices Face Mounting Calls to Nix 89-Year-Old Precedent Upholding Agency Independence

Mon, 2024-08-12 20:12

After the court's June ruling overturning 40 years of deference to regulatory agencies, the "Humphrey's Executor" precedent has emerged as public enemy No. 1 of the anti-administrativist legal movement.

       

Budding Circuit Consensus: SPAC Investors Can't Sue Over Acquired Company's Pre-Merger Misstatements

Mon, 2024-08-12 19:50

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations made about itself cannot be imputed to another company that later acquired it."

       

SEC Sues Couple, Their Company and Its Promoters in $650M Global Crypto Fraud Case

Mon, 2024-08-12 18:06

"The only way to avoid a lot more victims in the next decade is if the industry is regulated," said Joel Hirschhorn of Hirschhorn Law, who is not involved in the matter.

       

Split 6th Circuit Panel Reinstates Title IX Retaliation Claim Against University of Kentucky, Rejecting Student Enrollment Requirement

Mon, 2024-08-12 17:37

"Two separate, lengthy delays and an abrupt, last-minute cancelation may dissuade a reasonable person from pursuing a Title IX claim in federal court," Judge Rachel Bloomekatz wrote on behalf of the U.S. Court of Appeals for the Sixth Circuit majority.

       

Q&A: UGA Law School Dean Peter 'Bo' Rutledge on His Transition Back to Private Practice

Mon, 2024-08-12 17:12

"The prospect of practicing with students whom I've taught, at a firm where I felt a real cultural fit, was too good to pass up," he said.

       

After Milbank Rolls Out Summer Bonuses, Big Law in 'Waiting' Mode While Associates Watch Eagerly

Mon, 2024-08-12 16:32

Many associates are asking whether their firms will give out summer bonuses, putting pressure on firms to match Milbank's bold move, one recruiter noted.

       

American Airline Passengers Removed for Doing 'Absolutely Nothing Wrong' Cleared to Proceed With Litigation

Mon, 2024-08-12 16:25

"It also plausibly alleges that, as plaintiffs had in fact 'done absolutely nothing wrong,' this communication constituted a 'major misrepresentation' about their character and activities which could cause a reasonable person could take 'serious offense,'" U.S. District Judge John R. Padova for the Eastern District of Pennsylvania wrote, denying American Airlines' motion to dismiss a lawsuit brought by two passengers who were removed from a flight.

       

U.S. Fifth Circuit Sends Premises Liability Question to Texas Supreme Court

Mon, 2024-08-12 16:03

The Fifth Circuit, leaning in plaintiffs' favor, noted the Texas Supreme Court has indicated negligent undertaking may be a remedy in some circumstances.

       

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