Express Scripts Says Arkansas Can't Ban PBM Pharmacies

By Kellie Mejdrich

Pharmacy benefits manager Express Scripts sued the state of Arkansas in federal court Thursday, alleging that the state's recently enacted law banning PBMs from owning pharmacies in the state violated the U.S. Constitution and ran afoul of federal law governing military employee benefits.

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Judge Can't Buy Military Service Credits, NJ Panel Says

By George Woolston

A New Jersey appellate panel Thursday backed the state pension board's determination that a workers' compensation judge can't buy 36 months of service credits based on his prior military service, ruling that the statute governing his pension does not allow for such a purchase.

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7th Circ. Probes Hartford's Denial Of Benefits To Ex-PwC Exec

By Celeste Bott

A Seventh Circuit panel weighing Thursday whether to restore long-term disability benefits to an ex- PricewaterhouseCoopers LLP executive with fibromyalgia asked her attorney and counsel for the insurer that denied benefits if the lower court should have considered prior claim history and a consultant's report finding her condition precluded "meaningful employment."

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Brief

Senate Committee Sets June Hearing For Trump's EBSA Pick

By Benjamin Morse

The Senate's Health, Education, Labor and Pensions Committee will hold a hearing in early June on President Donald Trump's nominee to lead the U.S. Department of Labor's Employee Benefits Security Administration, according to a news release Thursday. 

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$17.5M TaskUs Investor Deal Gets Magistrate's Endorsement

By Sydney Price

A federal magistrate judge has recommended preliminary approval of a $17.5 million settlement between digital solutions providers TaskUs and its investors who claim the company made false statements about its turnover and Glassdoor ratings, saying the parties' revisions to the deal are justified.

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Delaware Justices Asked To Review Corporate Law Rework

By Jeff Montgomery

A biopharmaceutical company stockholder has sought direct certification of a derivative suit to Delaware's Supreme Court, asking for state constitutional review of legislation approved in March that limits avenues for challenges to some corporate acts.

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ZoomInfo Wants Out Of Investors' Accounting Fraud Claims

By Sydney Price

Software company ZoomInfo Technologies Inc. urged a Washington federal judge to toss a proposed investor class action accusing it of making missteps in an effort to retain new pandemic-era customers, claiming the "fraud-by-hindsight" allegations are inactionable.

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ESOP Ruling Clarifies Trustees' Role In 3rd-Party Sales

An Illinois federal court's dismissal of a class action related to an employee stock ownership plan in Rush v. GreatBanc demystifies the trustee's role in a sale transaction to a third party by providing commentary on the prudent process and considerations for trustees to weigh before approving a sale, says Katelyn Harrell at BCLP.

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Buyer Beware Of Restrictive Covenants In Delaware

Based on recent Delaware Chancery Court opinions rejecting restricted covenants contained in agreements in the sale-of-business context, businesses need to craft narrowly tailored restrictions that have legitimate interests, say attorneys at Saul Ewing.

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Series

Brazilian Jiujitsu Makes Me A Better Lawyer

Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

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Roundup

Hub Hires: Nelson Mullins, Cooley, Kirkland, Goodwin

By Chris Villani

May marked the end of the Celtics' title defense, but for firms looking to make moves, it was anything but the offseason. Nelson Mullins added a pair of Seyfarth Shaw litigators, Kirkland hired a new venture capital partner, and Cooley added an employment attorney and another who advises technology companies.

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Jenner & Block Fights DOJ Motion Over Exec Order

By Jake Maher

Jenner & Block LLP on Friday fought a bid from the U.S. Department of Justice to carve out part of a March executive order targeting the firm after the bulk of the order was tossed last week, in a dispute that could relate to future actions against the firm.

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The Path To $2B Merger Of Herbert Smith, Kramer Levin

By Tracey Read

Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP on Sunday will go live with their planned merger, which will combine 2,700 lawyers and more than $2 billion in revenue from both firms.

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Titans Of The Plaintiffs Bar: Philippe & Jennifer Selendy

By Yun Park

Philippe and Jennifer Selendy, who met as associates at Cravath Swaine & Moore LLP and married in 1997, each spent nearly three decades building distinguished legal careers. They now continue their partnership at Selendy Gay PLLC, founded in 2018, which has quickly grown into one of the nation's leading litigation firms, recovering more than $47 billion for their clients.

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AI Not Slowing Down Despite Ethical Risks, Experts Say

By Andrea Keckley

Following its rapid evolution in the past half-year alone, McDermott Will & Emery LLP Chief Information Officer Michael Shea predicted during a panel conversation Friday that artificial intelligence tools would see "pretty significant changes" over the next 12 months despite the challenges of putting guardrails around them.

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Law360's Legal Lions Of The Week

By Kevin Penton

Clement & Murphy PLLC leads this week's edition of Law360 Legal Lions, after a D.C. federal judge struck down President Donald Trump's executive order targeting WilmerHale.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

An investor is asking the Delaware Supreme Court to review the constitutionality of a new state law that broadens the protection of corporations in shareholder suits. And hundreds of general counsel are joining an online forum to stand up for the rule of law after President Donald Trump's executive orders against several corporate law firms.

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Akin Adds Ex-Federal Export And Security Head As Adviser

By James Mills

Akin Gump Strauss Hauer & Feld LLP is boosting its international trade practice, bringing in an expert in export enforcement with the U.S. Department of Commerce as a senior regulatory adviser.

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Trump Taps Paul Ingrassia To Lead Special Counsel's Office

By Courtney Bublé

President Donald Trump has nominated Paul Ingrassia, a lawyer and former right-wing writer, to lead the Office of Special Counsel after firing the previous one.

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Workplace Bullying Can't Be A Rite Of Passage For Attys

By Andrea Keckley

As more than half of young lawyers cite workplace toxicity as the reason they left their jobs, a panel of attorneys said Friday that many of the professionals they've listened to aren't willing to dismiss bullying as a rite of passage.

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More Californians Face Legal Issues, But Get Less Help

By Jack Karp

The gap between the need for civil legal services for Californians and the help that is actually available has grown over the past five years, as has the income level of those affected by that gap, according to a new study from the State Bar of California.

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