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Yes, it's true. We are all plaintiffs now. Or nearly all of us, thanks to a pair of March 28 orders certifying two classes in the consolidated antitrust litigation against the makers of liquid crystal display screens.
Unlikely Legal Duo Fights for Freer-Flowing Wine Market
They call themselves "the last-minute babes of Stanford Law." Last term, there was Jenny Martinez, arguing the landmark enemy combatant case Rumsfeld v. Padilla, with less than a week's notice. And in one of this term's biggest cases, former Stanford Dean Kathleen Sullivan argued in December for the interstate shipment of wines to consumers, beating out former Solicitor General Kenneth Starr for the case.For more than 40 years, California was out of synch with the U.S. Supreme Court, permitting defendants in state antitrust actions to argue that direct purchasers suffered no harm because they passed price increases on to consumers. With a ruling Monday that eliminates the pass-through defense, California's now in step with the federal courts.
The Bankruptcy Files: I-Banks, Consulting Firms, Bowling, and Poultry
Federal business bankruptcy filings have fallen to their lowest levels since 2008, and one large debtor in Eastman Kodak and its lawyers from Sullivan & Cromwell are poised to exit Chapter 11 proceedings. Several recent notable filings have nonetheless landed roles for such Am Law 100 firms as Kirkland & Ellis, McGuireWoods, Reed Smith, and Ropes & Gray, while other restructuring pros see the looming fiscal cliff as potentially generating an avalanche of new bankruptcy cases.Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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Countdown to Compliance: SEC Private Fund Reforms
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