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March 05, 2024 | Law.com

Four South American Countries File Amicus Briefs Urging US Court to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
4 minute read
March 05, 2024 | Law.com

JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns

U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department's work on behalf of American consumers," claiming execution of the deal "would have caused tens of millions of travelers to face higher fares and fewer choices."
3 minute read
March 05, 2024 | New York Law Journal

Let's Imagine a Ban on Prenuptial Agreements

A look at how prenuptial agreements are being interpreted and enforced by the courts in an effort to see why divorce lawyers often see these agreements as "uniquely complex legal instruments that are fraught with the potential for peril."
7 minute read
March 04, 2024 | Corporate Counsel

ESG Schism Breaks Out at Trucking Company as Board Member Quits

"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
6 minute read
March 04, 2024 | The American Lawyer

Morrison Cohen Adopted New Comp System, Even as Leaders Expected It Could Make Some Partners 'Uncomfortable'

The midsize New York firm's compensation system moved away from an 'eat-what-you-kill' system to criteria that still includes origination, but also at overall financial performance and workload, and "qualitative factors" such as corporate citizenship, collaboration, and efforts toward institutionalization of clients.
5 minute read
February 29, 2024 | National Law Journal

SEC Schedules Wednesday Vote on Climate Disclosure Rule Amid Staunch Opposition

Twenty law and finance professors sent the SEC a letter expressing their view that "the true agenda for the rule [is] to pressure companies to adopt certain climate policies, rather than to inform the market."
5 minute read
February 29, 2024 | Law.com

'Ahead of the Curve': Dissecting the ABA's Current and Proposed Diversity Standard

It seems that what Standard 206 might end up looking like and what fallout might result from it will be a long and arduous process.
6 minute read
February 29, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
146 minute read
February 28, 2024 | The Legal Intelligencer

Pa. High Court Cleared Up a Big Strict Products Liability Law Question in 'Sullivan'

As a result of the court's ruling, defense attorneys will continue to be barred from introducing evidence of compliance with industry or government standards—not for lack of effort—and plaintiffs lawyers will be able to sharpen their arguments to focus on whether a product was defectively designed, without any fear of notions of "compliance" muddying the jury's focus at trial.
8 minute read
February 27, 2024 | Law.com

Opioid Judge Has Concerns About Motley Rice: 'I Can't Understand Why You Don't See That'

U.S. District Judge Dan Polster, who is weighing a disqualification motion in the opioid multidistrict litigation, raised concerns this month about Motley Rice obtaining confidential information while representing the state of Hawaii, the District of Columbia and the city of Chicago in other cases.
6 minute read

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