Federal prosecutors and a former trader who pled guilty to spoofing on the Chicago Mercantile Exchange have asked an Illinois federal court for a prison sentence that would send him home soon and credit him with time already served in American and Australian custody.
Uber’s bike-share company Jump cannot sue Chicago for renewing a $65 million contract with a rival bike-share company owned by Lyft Inc., an Illinois federal judge ruled Wednesday, saying Uber can’t challenge a procurement process it didn’t participate in.
The Environmental Defense Fund is asking the D.C. Circuit to invalidate the Federal Energy Regulatory Commission’s approval of a proposed $286 million, 65-mile gas pipeline in Illinois and Missouri, arguing that the agency did not adequately evaluate the project before issuing its decision.
A coalition of 20 attorneys general and the American Bar Association told the U.S. Supreme Court Wednesday that expedited removal of migrants fails to sufficiently safeguard against erroneous deportations, weighing in on a fight over court authority to review whether asylum-seekers credibly fear persecution.
An Illinois state appellate panel has reversed a family's $3.2 million asbestos trial win and ordered judgment in favor of roofing material maker Tremco Inc., saying the family didn't prove the company's products substantially factored into a former employee's fatal cancer.
Sanofi was hit with another proposed class action by a woman in Chicago who alleges the drugmaker failed to warn consumers that Zantac contained a potent carcinogen, a week before a panel decides whether to rope similar claims into multidistrict litigation.
A high-stakes Chicago-area gambler was hit with fraud charges in Illinois federal court Tuesday for allegedly bilking an unnamed investor out of $9.6 million that he claimed he would use to make stock trades and bets on sporting events.
Twenty-one state attorneys general told the U.S. Office of the Comptroller of the Currency on Tuesday that its proposed rule addressing the fallout from the Second Circuit's Madden decision would enable predatory lending and goes beyond its statutory authority.
An Illinois federal judge said constant bickering between attorneys for United Airlines Inc., a passenger suing the company over delays and a Russian interpreter all involved in an ill-fated deposition is “a poster child” of the kind of discovery problems that plague federal courts.
The Seventh Circuit on Wednesday set the legal fees that an attorney must shell out to his adversaries as punishment for allowing a client to compose a "monstrosity of an appellate brief" on the lawyer's behalf.
An Australian trading firm will pay a total of $1 million to resolve spoofing claims and avoid criminal prosecution over an alleged yearslong market manipulation scheme by one of its former traders, the U.S. Department of Justice and the Commodity Futures Trading Commission said Tuesday.
A group of hemp and CBD companies told the Seventh Circuit that Indiana’s ban on smokable hemp is unconstitutional and was rightly blocked by a federal court, urging the judges to look past the state’s “fearmongering” about the crop’s physical similarity to marijuana.
The widow of a Reed Smith partner asked the Seventh Circuit on Wednesday to restore her $3 million verdict against GlaxoSmithKline, but judges on the panel were skeptical the lower court abused its discretion when it decided a U.S. Supreme Court ruling didn't warrant a second look at her case.
Electronic goods repair and refurbishment venture Clover Technologies completed a 38-day sprint to Chapter 11 plan confirmation Wednesday, securing Delaware Bankruptcy Court approval for a restructuring that will convert nearly $400 million in company debt to equity.
A former chief compliance officer of defunct investment adviser The Nutmeg Group LLC must pay disgorgement after an Illinois federal judge said the inexperienced executive was responsible for the firm's flawed system and "literally had no idea what he was doing."
Bank of America has pushed back against an effort by Cook County, Illinois, to disqualify Goodwin Procter LLP from a suit accusing the banking giant of engaging in racially discriminatory lending practices, saying the county’s framing of the facts is “misleading.”
Akara Partners has scored $57.58 million in financing for a new Hilton hotel in Chicago, according to an announcement on Wednesday from Jones Lang LaSalle, which brokered the deal for Akara.
Kraft Foods has asked the Seventh Circuit to allow it to immediately appeal certification of a class of investors in a wheat market manipulation suit that it says is overly broad and caused the company's potential exposure in the case to skyrocket.
SL Green Realty has reportedly loaned $58.5 million for a New York mixed-use project, Columbia Property Trust is said to have preleased nearly half of the 105,000 square feet it's planning to add to a D.C. building and a Michael Shvo venture is reportedly paying $370 million for a Chicago office tower.
Regional grid operator PJM Interconnection has headlined an onslaught of arguments that the Federal Energy Regulatory Commission stretched its authority too far in its recent order restricting the presence of state electricity programs in PJM's wholesale electricity auctions.
An Illinois federal judge has approved $36.5 million in attorney fees as part of a $135 million settlement that ends litigation against Navistar alleging the company sold diesel engines with defective emissions systems.
An Illinois federal jury sided with Ford Motor Co. on Tuesday over claims that the automaker’s managers gave white employees more overtime than their black co-workers and failed to take adequate action when a black employee reported the discrimination.
Perkins Coie LLP has beefed up its presence in Chicago with the addition of an employment law partner who had been Michael Best & Friedrich LLP's higher education industry team co-leader.
The chief judge for Cook County, Illinois, has asked to be let out of a suit alleging the county and Twentieth Century Fox unfairly profited from using a juvenile detention center to film parts of the show "Empire," arguing federal law immunizes him from the suit.
The Federal Trade Commission's consumer protection program could be upended by three pending U.S. Supreme Court petitions challenging the commission's authority to get fraudsters to fork over cash, but the FTC's competition enforcement could also be hurt if the justices ultimately strip its ability to seek financial penalties in court.
Lawyers can draw a number of useful lessons about reputation management from the efforts of former Nissan executive Carlos Ghosn — who recently escaped house arrest in Tokyo — to restore his sullied reputation, says Elizabeth Ortega at ECO Strategic Communications.
The Federal Energy Regulatory Commission has approved energy storage as a generation asset, but regional markets, including the Midcontinent Independent System Operator and ISO-New England, would benefit from rules for compensating storage as a transmission asset, say Derya Eryilmaz and Caroline Heilbrun of Charles River Associates and Rao Konidena of Rakon Energy.
Two recent decisions illustrate the division between Illinois state and federal courts over what constitutes adequate consideration to support enforceable noncompete agreements, but simple drafting practices can render the debate irrelevant in either court system, say attorneys at Michael Best.
Attorneys at Steptoe & Johnson look at U.S. international, federal and state taxation, including legislative, regulatory and controversy developments expected in 2020.
Several federal courts have recently accepted the difference-in-differences methodology to estimate antitrust impact and damages via natural experiments, demonstrating the method's validity, says James Nieberding of North Coast Economics.
Employers wondering whether #MeToo is still relevant should recognize that it is a continuous equity movement that includes pay, diversity and inclusion efforts at both the worker and executive levels, say attorneys at Epstein Becker.
Recent decisions from federal courts in Illinois, Delaware and New York illustrate the importance of proactively thinking about attorney-client privilege issues such as proper procedures for conducting a review, how common interest privilege can be invoked and when public relations firm communications are protected, say attorneys at Paul Weiss.
After the Federal Circuit’s recent ruling in TCL v. Ericsson, which puts juries at the helm of calculating FRAND damages for standard-essential patents, litigators should focus on preparing a simplified and emotionally persuasive story and garnering the evidentiary support necessary for a favorable appeal, says Larry Sandell of Mei & Mark.
Last year, three court decisions addressing the Financial Institutions Reform, Recovery and Enforcement Act's civil monetary penalties provision — two at the final judgment stage and one at the pleadings stage — expanded FIRREA jurisprudence and remind us why this statute cannot be ignored, say attorneys at Morgan Lewis.
If the U.S. Supreme Court decides to hear Peterson v. Linear Controls, its decision could resolve a circuit split and redefine the scope of Title VII's discrimination protections, say attorneys at Sullivan & Cromwell.
In the final part of this article, Barbara Roth and Tyler Hendry at Herbert Smith look back on the most significant labor and employment law updates from the second half of the decade, and reveal their choice for the most important change of the 2010s.
During the last 10 years, the need to embrace change was fundamental for law firms, and that change affected associates in many ways — most, but not all, for the better, says Brad Kaufman, co-president of Greenberg Traurig.
One year after a pivotal Illinois Supreme Court ruling broadened liability under the Biometric Information Privacy Act, companies in a wide variety of industries need to be vigilant of a rise in potentially financially ruinous class action filings, and there are several steps they can take to protect themselves from BIPA liability, say attorneys at Ropes & Gray.
A flurry of year-end activity, including three petitions before the U.S. Supreme Court and a spate of proposed legislation, requires a recap on the current status of the debate over the Federal Trade Commission's Section 13(b) authority to obtain permanent injunctions and restitution, say John Villafranco and Khoury DiPrima of Kelley Drye.
In the first of two articles, Barbara Roth and Tyler Hendry at Herbert Smith highlight the decade's most significant labor and employment law changes, including the U.S. Supreme Court’s 2011 decision in Dukes to raise the class certification threshold, and the spread of state and local paid sick leave laws.