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April 16, 2024 | Law.com

Freshfields Misses Out as HSF, Latham and Kirkland Take on Marex New York IPO

HSF and Freshfields were enlisted for Marex's London IPO plans before they were shelved, but only the former maintains its advisory position for the NY float.
3 minute read
April 15, 2024 | Law.com

Retirement Succession Can Hedge Against Lateral Partner Acquisition Risks

While growing by acquiring lateral partners and practice groups can be lucrative, it carries many risks. Lateral candidates' projections of the revenue they will bring to a new firm can prove inaccurate, or a particular candidate may simply be a bad fit culturally.
13 minute read
April 15, 2024 | Daily Business Review

The Legal Future of the Florida Marijuana Industry

Florida's unique licensing structure and massive population have made it one of the top marijuana industries by revenue. With adult-use legalization and additional licenses expected to be awarded in 2024, the Florida marijuana industry is poised for tremendous growth and transformation.
8 minute read
April 15, 2024 | New York Law Journal

Child Support Caps and Calculations: Is There Still a Need for 'Needs'?

Prior to the Child Support Standards Act, there was a wide disparity of child support awards due to a lack of clear standards and formulas. In 1995, the Court of Appeals stepped in to provid guidance, offering two ways to calculate an award: One is by setting a cap and the other is by demonstrating proven costs. Authors Robert Dobrish and Lee Rosenberg offer their thoughts on this hot-button issue of why judges seem to favor the cap method over the other.
11 minute read
Career Colleges and Schools of Texas v. United States Department of Education
Publication Date: 2024-04-15
Practice Area: Civil Appeals | Education Law | Government
Industry:
Court: U.S. Court of Appeals for the Fifth Circuit
Judge: Circuit Judge Jones
Attorneys:
For plaintiff:
For defendant:
Case number: 23-50491

On November 1, 2022, appellee department promulgated a final rule that revamped various aspects of the federal student loan program, including provisions governing student loan discharges based on the acts, omission, or closure of higher education institutions.

United States v. State of Texas
Publication Date: 2024-04-15
Practice Area: Civil Procedure | Government | Immigration Law
Industry:
Court: U.S. Court of Appeals for the Fifth Circuit
Judge: Circuit Judge Richman
Attorneys:
For plaintiff:
For defendant:
Case number: 24-50149

Texas Senate Bill 4 prohibits noncitizens from illegally entering or reentering the state and sets forth removal procedures.

Uptown Cars, Inc. v. Newcastle Mgmt. Trust
Publication Date: 2024-04-15
Practice Area: Attorney Compensation | Civil Appeals | Real Estate
Industry:
Court: Court of Appeals
Judge: Justice Baker
Attorneys:
For plaintiff:
For defendant:
Case number: 03-22-00422-CV

In a dispute over easement rights to access Lake Travis, appellant, the non-waterfront property owner, sued appellees, the lakefront property owners, to establish rights to build a road and boat dock on appellees' properties and to maintain a boat dock through a prescriptive easement.

In the Matter of Highland Capital Management, L.P.
Publication Date: 2024-04-15
Practice Area: Bankruptcy | Civil Appeals
Industry:
Court: U.S. Court of Appeals for the Fifth Circuit
Judge: Circuit Judge Oldham
Attorneys:
For plaintiff:
For defendant:
Case number: 22-11036

In 2019, litigation claims sent Highland Capital Management into bankruptcy. Eventually Highland, its cofounder, and an unsecured creditors' committee entered into a settlement agreement that the bankruptcy court approved.

People v. Castanos
Publication Date: 2024-04-15
Practice Area: Criminal Law
Industry:
Court: Supreme Court, New York
Judge: Justice Brendan T. Lantry
Attorneys:
For plaintiff:
For defendant:
Case number: IND-918/2020

'Home Visit' Materials Considered Part of Prosecution's Automatic Discovery

April 12, 2024 | Law.com

Tyco Agrees to $750M Settlement Over Contaminated Drinking Water

On Friday, lawyers in the multidistrict litigation over aqueous film-forming foam announced the Tyco settlement, which would compensate 12,000 public water systems nationwide with contaminated drinking water supplies.
4 minute read

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