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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
May 13, 2024 | The American Lawyer

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
May 13, 2024 | Corporate Counsel

Airline CEO Says DOJ Bungling Antitrust Enforcement in His Industry

Allegiant CEO Maurice Gallagher Jr. said the DOJ was misguided in blocking two JetBlue deals that would have helped that airline regain altitude after the pandemic.
4 minute read
May 13, 2024 | National Law Journal

Biden's Recently Departed HUD Secretary Joins Taft in Newly Created Leadership Role

Marcia Fudge left government service in March. Before joining the Biden administration in 2021, she represented Northeast Ohio in the U.S. House of Representatives.
5 minute read
May 13, 2024 | The American Lawyer

Biden's HUD Secretary Joins Taft in Newly Created Leadership Role

Marcia Fudge retired from government service in March. Before joining the Biden administration in 2021, she represented Northeast Ohio in the U.S. House of Representatives.
5 minute read
May 13, 2024 | New York Law Journal

'Backed Into Corner,' Lawmakers Lobby To Remove IOLA From Budget Process

"It's not a radical idea," said State Sen. Sean Ryan, D-Buffalo, of the bill's aim to ensure that the monies are distributed to support legal services.
4 minute read
May 13, 2024 | The American Lawyer

'It Is Not Zealous Advocacy. It Is Fraud': PI Firm Sued for Racketeering in Asbestos Cases

Simmons Hanly Conroy, based in the St. Louis metropolitan area, allegedly filed sham lawsuits and scripted witness testimony, according to plastic pipe manufacturer J-M Manufacturing.
6 minute read
May 13, 2024 | New York Law Journal

Recusals in the New York Court of Appeals

In an atmosphere with contentious public debate over whether U.S. Supreme Court justices are inappropriately sitting on certain cases—one of the reasons behind the declining public esteem for the Court—it is ironic that a judge of the Court of Appeals, early in her service, is criticized for recusing herself, a Law Journal contributor writes.
4 minute read

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