The Pension Benefit Guaranty Corp. urged the Seventh Circuit to reject a Teamsters pension plan's bid to reinstate a $23 million withdrawal liability bill against a concrete company, asking the court to endorse a methodology giving companies full credit for partial plan withdrawals if they later make a complete exit.
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TOP NEWS

PBGC Backs 'Full Value' Pension Exit Credits At 7th Circ.

By Grace Elletson

The Pension Benefit Guaranty Corp. urged the Seventh Circuit to reject a Teamsters pension plan's bid to reinstate a $23 million withdrawal liability bill against a concrete company, asking the court to endorse a methodology giving companies full credit for partial plan withdrawals if they later make a complete exit.

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WWE Merger Case In Chancery Settles On The Eve Of Trial

By Jarek Rutz

The Delaware Chancery Court trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled after the parties reached an agreement in principle to settle the case, according to a minute order from Vice Chancellor J. Travis Laster.

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Class Attys Want $11.6M In Fees From $35M Teva Inhaler Deal

By Bryan Koenig

Berman Tabacco, Sperling Kenny Nachwalter LLC, Hilliard Shadowen LLP and five other firms have asked a Massachusetts federal judge for $11.55 million in attorney fees from a $35 million antitrust settlement resolving claims that Teva abused patent protections to delay generic competition for its QVAR asthma inhalers.

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LITIGATION

Okla. Firm Urges Dismissal Of EDNY Misclassification Suit

By Andrea Keckley

Oklahoma-based Arnold & Smith Law PLLC on Friday asked a New York federal judge to dismiss a New York attorney's lawsuit accusing the firm of misclassifying employees as contractors to avoid paying benefits, saying there is no reason to believe any of the alleged misconduct happened in New York.

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Life Insurer Seeks Input On Murdered Woman's Benefit Payout

By Hope Patti

An insurer asked a North Carolina federal court to determine the rightful beneficiary of a murdered woman's remaining $100,000 in life and accidental death benefits, saying it is exposed to competing claims by the woman's children, one of whom is awaiting trial for murder.

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BANKRUPTCY

Window Co. Hits Ch. 11 With $10M+ Debt, $875K Union Claim

By Matthew Santoni

Pennsylvania window company Graboyes LLC has filed a Chapter 11 petition citing more than $10 million in liabilities, including $2.1 million in disputed loans and an $876,000 "note payable" to the International Union of Painters and Allied Trades District Council 21.

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LEGAL INDUSTRY

Gibson Dunn, PE Firm Pay Charity $1M For Knicks VIP Seats

By Dorothy Atkins

Gibson Dunn and private equity firm Veritas Capital split the $1 million winning bid for two "Celebrity Row" seats in a Knicks fundraiser ahead of Game 3 of the NBA Finals between the New York Knicks and the San Antonio Spurs, the team's parent company announced Monday.

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Groom Law Joins Firms Matching New Milbank Associate Pay

By Tracey Read

Washington, D.C.-based Groom Law Group is the latest firm to match a new pay scale for associates that was set earlier this month by Milbank LLP, according to media reports Monday.

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9th Circ. Judge Faces Inquiry, Charges After Idaho Altercation

By Lauren Berg

The Ninth Circuit on Monday identified a judicial misconduct complaint against U.S. Circuit Judge Ryan D. Nelson after he was charged with misdemeanor battery stemming from an argument in an Idaho Falls parking lot that ended with him allegedly stomping a man's eyeglasses on the asphalt.

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Analysis

How A Texas Pastor Beat Mark Zuckerberg In Landmark Trial

By Craig Clough

Jurors who reached a landmark $6 million verdict in March finding Meta Platforms Inc. and Google liable for harming a teen's mental health didn't find Mark Zuckerberg credible, an impression that the plaintiff's attorney Mark Lanier credited to putting the well-prepared executive off his guard.

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King & Spalding May Be Sanctioned In $300M Fraud Lawsuit

By Aaron Keller

Two King & Spalding LLP partners face a sanctions hearing in a $300 million fraud lawsuit to determine whether they violated a rule requiring candor to the tribunal by falsely claiming attorneys for other parties were copied on letters to two Connecticut jurists, according to two state court orders.

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Another Lawmaker Joins Impeachment Push For Ga. Judge

By Courtney Bublé

A Republican House member on Monday introduced articles of impeachment for U.S. District Judge Eleanor Ross of the Northern District of Georgia after she was reprimanded for having sex with a police officer in her chambers within earshot of staff.

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Colorado Gov. Signs Bill Banning Fee Sharing With Non-Attys

By Emma Cueto

Colorado has enacted a ban on lawyers sharing fees with nonlawyer-owned firms, such as alternative businesses in Arizona, as well as a prohibition on deals with managed services organizations that involve paying a percentage of firm income.

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Brief

Todd Blanche Officially Nominated To Be AG

By Courtney Bublé

President Donald Trump on Monday officially nominated Todd Blanche to be attorney general.

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Trump Taps DC Appeals Court Picks To Fill Final Vacancies

By Courtney Bublé

President Donald Trump has announced two picks for the D.C. Court of Appeals, which will fill the remaining vacancies on the District of Columbia's top court.

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Mich. Dems Back Trump Judicial Pick After Blue-Slip Review

By Courtney Bublé

Michigan's Democratic U.S. senators, Gary Peters and Elissa Slotkin, announced on Monday they've returned their blue slips for the nomination of Michael Martin, a veteran career prosecutor, to be a judge in the Eastern District of Michigan.

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Chapman Law School Dean Says He Was Fired For Being Gay

By Hailey Konnath

The former dean of Chapman University's Dale E. Fowler School of Law says the university unlawfully fired him because he's gay and married to a man, according to a complaint filed in California state court.

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NJ Senators Advance Litigation Funding Disclosure Bill

By Carla Baranauckas

New Jersey state senators on Monday advanced legislation that would require disclosure of third-party litigation funding agreements over the objections of trial lawyers and litigation finance representatives, who warned that the bill could discourage funding for plaintiffs involved in costly cases.

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Law Student's Kirk Comment Discipline Stays During Appeal

By Spencer Brewer

A Texas federal judge on Monday kept intact a reprimand against a law student who allegedly celebrated following the death of Charlie Kirk during an appeal, saying that the student "again seeks the wrong remedy" in her request.

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100+ Ex-Prosecutors Question Chicago US Atty's Leadership

By Celeste Bott

More than 100 former Illinois federal prosecutors issued a statement Monday saying there's been a "failure of leadership" in the U.S. attorney's office in Chicago and that "once-forbidden political considerations are infecting prosecutorial decisions" in the wake of an Illinois federal judge accusing the office of mishandling grand jury proceedings in a case against six immigration activists.

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SCOTUSblog Founder Goldstein's Sentencing Delayed To July

By Jared Foretek

A Maryland federal judge has agreed to push SCOTUSblog founder Thomas Goldstein's sentencing to July, after federal prosecutors speculated that his defense attorneys might come to the previously scheduled June hearing and declare that they aren't ready to proceed.

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Titan Of The Plaintiffs Bar: Lieff Cabraser's Elizabeth Cabraser

By Emily Field

When Elizabeth Cabraser began working with Robert Lieff as a clerk at his small practice in Northern California in the late 1970s, fresh out of law school, her job was to help him dispose of his remaining cases so he could retire early and become a winemaker.

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LAW FIRMS IN TODAY'S NEWS

Allegaert Berger

Arnold & Smith Law

Axinn Veltrop

Baker Donelson

Berman Tabacco

Bernstein Litowitz

Block & Leviton

Burke LLP

Conn Maciel

Cooley LLP

Dechert LLP

Faegre Drinker

Gibson Dunn

Glancy Prongay

Groom Law Group

Hagens Berman

Hilliard Shadowen

Holland & Knight

Hueston Hennigan

Katten Muchin

King & Spalding

Kirkland & Ellis

Korein Tillery

Latham & Watkins

Lennon Murphy

Lieff Cabraser

McDermott Will & Schulte

Milbank LLP

Morris Nichols

Motley Rice

Munger Tolles

Potter Anderson

Quinn Emanuel

RM Law PC

Robbins LLP

Rupp Pfalzgraf

Saul Ewing

Seyfarth Shaw

Shook Hardy

Smith Woolf

Sperling Kenny

COMPANIES IN TODAY'S NEWS

Above the Law

Amneal Pharmaceuticals Inc.

Apple Inc.

BAMTech Media

Burke Inc.

CVS Health Corp.

ESPN Inc.

Endeavor Operating Company LLC

Gerald Holdings LLC

Google LLC

Instagram Inc.

InterContinental Hotels Group PLC

International Legal Finance Association

International Union of Painters & Allied Trades

Johnson & Johnson

Madison Square Garden Entertainment Corp.

Merck & Co. Inc.

Meta Platforms Inc.

National Association of Mutual Insurance Companies

New Jersey Association for Justice

New Jersey Chamber of Commerce

New Jersey State Bar Association

New York Knicks

New York Rangers

San Antonio Spurs

State Bar of California

Teva Pharmaceutical Industries Ltd.

Ultimate Fighting Championship Ltd.

Veritas Capital Fund Management LLC

Volkswagen AG

Walmart Inc.

World Wrestling Entertainment Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office for U.S. Attorneys

Federal Bureau of Investigation

Federal Trade Commission

Food and Drug Administration

Illinois General Assembly

Internal Revenue Service

National Railroad Passenger Corp.

Pension Benefit Guaranty Corp.

U.S. Attorney's Office

U.S. Attorney's Office for the Northern District of Illinois

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of Louisiana

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of Florida

U.S. Immigration and Customs Enforcement

U.S. Secret Service

U.S. Supreme Court

United States Bankruptcy Court for the Eastern District of Pennsylvania

United States District Court for the Western District of Oklahoma