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May 13, 2024 | New Jersey Law Journal

Sanctions Ordered After CEO Skips Deposition in MDL

ZHP sought to invoke the Apex Doctrine, which seeks to limit depositions of individuals at the "apex" of a corporation based on the premise that lower-level employees are likely to have firsthand knowledge of the material facts, and that deposing the top executives of a corporation is likely to impose a significant burden.
5 minute read
May 13, 2024 | National Law Journal

Schumer Urges FTC to 'Pump the Breaks' on Chevron, Hess Merger

"I'm sounding the alarm against yet another proposed Big Oil merger," the Senate majority leader tweeted Sunday.
3 minute read
May 13, 2024 | New York Law Journal

New York Solicitor General Pushes To Validate Statewide Ethics Panel as Constitutional

The New York Solicitor General's office filed a motion to leave to appeal the Third Department's unanimous determination that an ethics watchdog was created unlawfully.
3 minute read
May 13, 2024 | New Jersey Law Journal

NJ Court Sides With Real Estate Broker in Dispute Over Employee Classification Under Wage Payment Law

"Under the Brokers Act, the parties' agreement to an independent contractor affiliation is not merely one of several factors in the analysis, as the Appellate Division viewed it to be," Justice Anne M. Patterson said. "To the contrary, if the parties have agreed in writing to a business affiliation in compliance with the Brokers Act, that agreement is dispositive."
6 minute read
May 13, 2024 | Law.com

LSAC Begins Search for Next President and CEO

Susan Krinsky, LSAC's executive vice president for operations and chief of staff, will serve as the organization's interim CEO until a new president and CEO is appointed by the board.
3 minute read
May 13, 2024 | New York Law Journal

'Wanted To Be a Legend of Wall Street': Fraud Trial Begins for Archegos Executives

Defense counsel Barry Berke said his client, Sung Kook "Bill" Hwang, didn't break the law in the run-up to the the collapse of a $36 billion investment fund.
3 minute read
May 13, 2024 | Law.com

'Wanted To Be a Legend of Wall Street': Fraud Trial Begins for Archegos Executives

Defense counsel Barry Berke said his client, Sung Kook "Bill" Hwang, didn't break the law in the run-up to the the collapse of a $36 billion investment fund.
3 minute read
May 13, 2024 | National Law Journal

'Wanted To Be a Legend of Wall Street': Fraud Trial Begins for Archegos Executives

Defense counsel Barry Berke said his client, Sung Kook "Bill" Hwang, didn't break the law in the run-up to the the collapse of a $36 billion investment fund.
3 minute read
May 13, 2024 | Daily Report Online

Not Too Much: Court of Appeals Upholds $1M Nominal Damages Award in Walmart Slip-and-Fall

"Even if the evidence presented at trial would authorize a greater or lesser award than that actually made, we will not disturb the award 'unless it is so flagrant as to shock the conscience,'" the court opined.
3 minute read
May 13, 2024 | The Recorder

Deal Watch: Skadden, Latham, Paul Hastings and Several Others Land on Squarespace Deal

Meanwhile, caution by the Federal Reserve in lowering interest rates is affecting deal optimism.
9 minute read

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