The proposal to list a bitcoin exchange-traded fund issued by asset manager VanEck and startup SolidX on the Cboe BZX Exchange has been withdrawn, according to a filing from the U.S. Securities and Exchange Commission.
A Tennessee health care company lied about its ability to keep an Illinois hospital open because it would rather cash in on $64 million in liquidated assets than honor a deal to sell it for $20 million, a hospital operator has claimed.
Allstate Corp. told the Seventh Circuit on Wednesday that a trial court that certified a class of investors in a stock-drop suit wrongly failed to consider evidence that Allstate stock prices were not impacted by allegedly lax underwriting standards it had been accused of hiding.
An Illinois appellate court on Tuesday upheld a jury's decision to award zero damages to a woman who was injected with the wrong allergy medication despite also finding negligence, saying the evidence arguably showed damages were too minimal to warrant compensation.
An Illinois attorney is facing an 18-month suspension after a state hearing board found she improperly offered her client $10,000 to try to settle a potential malpractice claim after she missed the statute of limitations for filing his personal injury suit.
SAG Realty has reportedly sold a Miami car dealership for $6.4 million, Wells Fargo is said to have provided $403 million in CMBS financing for an Arizona hotel, and developer Trammell Crow is reportedly seeking to build a 16-story office and retail building in Chicago.
An Illinois appellate court has rejected a bid from a group of Mattoon, Illinois, municipal retirees to reinstate the bulk of their lawsuit claiming they were improperly required to pay more for health insurance premiums than current city workers, finding they couldn't sue under the state’s insurance code.
Duane Morris LLP has hired a former shareholder from Olgetree to lead its labor and employment practice group as a partner in Chicago as the firm looks to expand its employment offerings in the Midwest.
A Seventh Circuit judge on Wednesday questioned the University of Chicago for objecting to the National Labor Relations Board hearing process instead of the underlying finding that short-term workers have collective bargaining rights when it appealed a determination that students employed at the school's libraries could unionize.
An Illinois federal judge has been asked to approve a $5 million payday for attorneys who negotiated a $16.75 million settlement of investors' claims that pharmaceutical company AbbVie hid the risks of its failed $54 billion merger with Shire PLC.
A National Labor Relations Board official has shut down a push to create a separate union for National Football League running backs, saying there is no basis for that position to be excised from the current bargaining unit of all NFL players.
An Illinois attorney who has represented victims of most major commercial airline crashes in the last 40 years was appointed Tuesday to lead a consolidated lawsuit seeking to hold the Boeing Co. liable for the Ethiopian Airlines Flight 302 crash.
Federal prosecutors have raised the stakes in their anti-spoofing campaign by bringing racketeering conspiracy charges in a case against JPMorgan Chase & Co. traders who allegedly manipulated precious metals futures prices, a development that is raising eyebrows among the white-collar defense bar.
A pair of insurers on Tuesday urged the Illinois Supreme Court to rule that they don't have to help cover a Chicago-area city's $15 million settlement of a suit filed by a man who served more than 20 years in prison for a murder he did not commit, arguing that the man's exoneration did not trigger coverage under their policies.
A group of tobacco associations and retailers urged Illinois’ high court on Tuesday to strike down a Chicago ordinance imposing a flat tax on non-cigarette tobacco products sold in the city, saying such a tax is preempted by the state’s municipal code.
An Illinois federal judge on Monday certified a collective action brought by employees of a Chicago-area hospital who allege they worked more than 40 hours a week taking calls from patients without being paid overtime.
A Chicago restaurant is not liable for the stabbing death of one of its patrons, an Illinois appellate court ruled Monday, saying the restaurant had no duty to protect the man from the stabbing because it was not reasonably foreseeable.
States and environmentalists on Monday urged a California federal judge to stick to his guns and force the U.S. Environmental Protection Agency to implement Obama-era landfill air pollution regulations despite the agency's claim that the judge's order is now irrelevant.
JLL said Tuesday that it has landed a $140 million refinancing for a recently completed mixed-use development that features an open-air entertainment plaza adjacent to Wrigley Field, the home of Major League Baseball's Chicago Cubs.
A man bringing a product liability suit against a metals manufacturer is trying to go around court orders blocking his former lawyer from practicing in Illinois federal court by seeking to transfer the suit back to California federal court, the manufacturer said Monday.
A credit reporting industry group and a nonprofit legal organization are backing Facebook's call for the Ninth Circuit to reconsider its revival of a class action challenging its face-scanning practices, arguing that allowing consumers who have suffered no real-world injury to seek billions in statutory damages raises significant concerns.
Sears has asked the New York bankruptcy court overseeing its massive restructuring to cram down a Chapter 11 plan over the objections of trade vendors, who helped keep the retailer alive during last year's holiday season but now worry its plan could leave them out in the cold.
A mortgage servicer urged the Seventh Circuit on Monday to reverse or reduce a $3 million punitive damages award won by a woman who claimed the company mishandled her account, saying there was no evidence its officers or directors knew about the problems with her loan.
The U.S. Army has secretly moved ahead with the production of more than 1,400 armored trucks despite a protest that should have frozen that work, Navistar Defense said Monday in a complaint urging the Court of Federal Claims to block production until the dispute is resolved.
The Oneida Nation urged the Seventh Circuit to overturn a ruling that the tribe must get a Wisconsin village's permit to stage an apple festival, saying the tribe's treaty-established reservation hadn't been reduced in size and therefore still included the location of the event.
One year ago, our firm signed the American Bar Association's well-being pledge and embraced a commitment to providing on-site behavioral health resources, which has since become a key aspect of our well-being program, say Meg Meserole and Kimberly Merkel at Akin Gump.
After our firm signed the American Bar Association’s well-being pledge one year ago, we launched two key programs that included weekly meditation sessions and monthly on-site chair massages to help people address both the mental and physical aspects of working at a law firm, says Marci Eisenstein at Schiff Hardin.
Utah's recently enacted Electronic Information or Data Privacy Act and other states' laws that follow it will change long-standing practices in how companies that collect or store users’ personal data respond to law enforcement requests, say attorneys at Baker Botts.
The early and prompt provision of samples from all electronically stored information sources as a part of ESI protocol search methodology is consistent with the Federal Rules of Civil Procedure and may allow for significant cost savings during discovery, says Zachary Caplan at Berger Montague.
Legislation poised to expand California’s False Claims Act to include tax cases recently stalled, but in New York similar legislation provided whistleblowers with incentive to come forward and earned the state revenue, says Justin Wagner, a former assistant attorney general in New York's Taxpayer Protection Bureau.
Just over a year after the U.S. Supreme Court legalized sports betting nationwide, the industry is seeing an explosion of activity online, but the influence of entrenched gambling interests means that some states are only allowing bets to be placed in person at casinos and racetracks, says Dave Royse of State Net Capitol Journal.
In the absence of a federal rule governing deposition location, federal courts are frequently called on to resolve objections to out-of-state deposition notices. Recent decisions reveal what information is crucial to courts in making the determination, says Kevin O’Brien at Porter Wright.
Federal Rule of Civil Procedure 57 and its state counterparts provide a method for expediting claims for declaratory judgment that warrants closer attention than it has historically received from litigants and courts, say attorneys at Gibson Dunn.
My conservative, Catholic parents never skipped a beat when accepting that I was gay, and encouraged me to follow my dreams wherever they might lead. But I did not expect they would lead to the law, until I met an inspiring college professor, says James Holmes of Clyde & Co.
In the wake of the U.S. Supreme Court’s South Dakota v. Wayfair decision, the conversation has focused on state-level sales and use tax collection requirements for remote sellers. However, a potentially more complicated issue now arises in the staggering number of localities administering their own sales and use taxes, says Eric Fader at BDO.
The Seventh Circuit's decision in Federal Trade Commission v. Credit Bureau Center — rejecting judicial expansion of federal regulators' enforcement authority — will force federal courts to reckon with the U.S. Supreme Court's Meghrig and Kokesh opinions before seeking monetary awards in civil enforcement actions, say Ryan O’Quinn and Elan Gershoni at DLA Piper.
This year, more than 70 state and local governments have been targeted by ransomware attacks. Despite a flood of legislation aimed at the problem, many state and local government information technology leaders still lack the funding and cybersecurity talent they need, says Korey Clark of State Net Capitol Journal.
Experienced discovery counsel helps the virtual law team shape case strategy and provides necessary advocacy, consistency and efficiency, plus cost savings, from the beginning of a case through trial, say attorneys at Nelson Mullins and FaegreBD.
The Wayback Machine, which archives screenshots of websites at particular points in time, can be an invaluable tool in litigation, but attorneys need to follow a few simple steps early in the discovery process to increase the odds of being able to use materials obtained from the archive, says Timothy Freeman of Tanenbaum Keale.
The Judicial Conference Advisory Committee’s proposed addition to Federal Rule of Civil Procedure 7.1 needs to be amended slightly to prevent late-stage jurisdictional confusion in cases where the parties do not have attributed citizenship, says GianCarlo Canaparo at The Heritage Foundation.