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Justices Back Choice-Of-Law In Marine Insurance Suit
An insurer can enforce choice-of-law provisions in a marine insurance policy it issued to the owner of a yacht t...(read more)
Miner Barnhill Vet Among Biden's Latest Judicial Picks
President Joe Biden announced five judicial nominees on Wednesday to serve on the Seventh Circuit as well as on ...(read more)
Commerce Can't Cite Wikipedia To Expand Duties, Court Says
The U.S. Department of Commerce couldn't convince the U.S. Court of International Trade that Wikipedia articles supported its expansion of vertical engine tariffs, with a judge noting that U.S. courts have repeatedly rejected Wikipedia as a source.
How Trump's Hush Money Trial Helps Or Hurts Jack Smith
Manhattan District Attorney Alvin Bragg's porn star hush money case against Donald Trump is set to be the first criminal trial of a former president in U.S. history, a development that carries potential risks and benefits for special counsel Jack Smith, especially as one expert characterized the New York case as "legally and factually weak."
3rd Circ. Lets J&J Appeal Class Cert. In Talc Concealment Suit
Johnson & Johnson can appeal a New Jersey federal court's class certification order from December, the Third Circuit ruled Wednesday, in an investor action alleging the company artificially inflated its stock price by failing to disclose cancer risks associated with its talcum powder products.
Cruise Line Hornblower Hits Ch. 11 With Over $1B Debt
Cruise line and ferry service Hornblower Group Inc. and affiliates on Wednesday filed for Chapter 11 bankruptcy protection in Texas with a plan to cut $720 million from its more than $1 billion of debt through a deal that will hand majority control to private equity firm Strategic Value Partners.
Justices Reject Ga.'s Bid To Retry Man Acquitted Of Murder
The U.S. Supreme Court on Wednesday blocked Georgia's attempt to again prosecute an accused murderer whose trial ended in contradictory verdicts, finding that "an acquittal is an acquittal" regardless of a simultaneous guilty verdict for the same offense.
Giuliani Can Contest $148M Fine But Not With His Own Money
A New York bankruptcy judge on Tuesday allowed Rudy Giuliani to seek a new trial for $148 million in damages he was ordered to pay for defaming two Georgia poll workers, but said the former mayor can't use money from his bankruptcy estate to pay his legal bills.
Fubo Wants Sports Giants' 'Unlawful' Streaming Plan Blocked
The streaming company Fubo asked a New York federal court on Tuesday to block a joint venture under which ESPN, Fox and Warner Bros. Discovery would combine sports portfolios into one streaming app, claiming that the plan would harm competition and result in higher prices for consumers.
Ex-OCC Fintech Chief Won Over Top Brass Despite Red Flags
The Office of the Comptroller of the Currency's onetime fintech chief who seemingly fabricated his professional background appears to have sailed through the hiring process at the agency, according to internal OCC communications obtained by Law360.
Ga. Man Sentenced To 70 Mos. In $18M PPP Fraud Scheme
A Georgia man has been sentenced to nearly six years in prison for his role in a scheme to illegally use phony Paycheck Protection Program applications to obtain more than $18 million in financial aid intended for small businesses during the COVID-19 pandemic.
Kirkland Can't Get 'Invasive' Atty Info From 2 BigLaw Firms
A California federal magistrate judge barred Kirkland & Ellis LLP from subpoenaing confidential personnel information from a former intellectual property associate's prior employers, Paul Hastings LLP and Fish & Richardson PC, in its defense against her discrimination suit, ruling that Kirkland's subpoena requests are "invasive," irrelevant and "amazingly broad."
Ill. Judge Scolds Defense Attys On Discovery: 'This Is Insanity'
A Cook County judge trimmed a lawsuit Tuesday brought by investors alleging financial mismanagement of the firm behind celebrated Chicago restaurant Maple & Ash, but lambasted defense counsel for dragging out discovery, saying she was "flabbergasted" that they left out information in discovery responses that she ordered them to include late last year.
4th Circ. Orders Redo On Sony's $1B Music Piracy Damages
Cox Communications Inc. is liable for contributing to copyright infringement against Sony Music Entertainment and others, but a Virginia federal court went too far by applying vicarious liability as well and needs to redo its $1 billion damages determination, the Fourth Circuit ruled Tuesday.
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The Consumer Financial Protection Bureau has proposed "to close a longstanding loophole" in the Truth in Lending Act by changing how... (read more)
The Federal Communications Commission's declaratory ruling issued last week extends the agency's regulatory reach under the Telephon... (read more)
U.S. banking regulators' proposed revisions to rules that would require banks to disclose more granular information about loans made... (read more)
The U.S. Department of Justice and the Federal Trade Commission's increasingly aggressive approach to antitrust enforcement means in... (read more)
While the U.S. Securities and Exchange Commission's approval last month of 11 applications for spot exchange-traded funds tracking b... (read more)
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