5th Circ. Unsure Provision Allows Contractor To Get Atty Fees

By Spencer Brewer

A Fifth Circuit panel wanted to know why a construction company should get to collect attorney fees without a prevailing party provision in its joint venture contract, saying Thursday that the language of the parties' contract seemed to require a breach of contract.

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1st Circ. Orders Redo In Puerto Rico Hospital Loan Fight

By Clara Geoghegan

The First Circuit revived hospital Instituto Medico Del Norte's Chapter 11 lawsuit against a lender, remanding the case after it "struggled to make sense" of a Puerto Rico bankruptcy judge's decision to dismiss the litigation.

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NJ Judge Strikes Experts In Faegre Drinker Malpractice Suit

By Christine DeRosa

A New Jersey state judge has struck the expert reports in a legal malpractice suit against Faegre Drinker Biddle & Reath LLP, barring the experts from testifying unless the Sept. 14 trial over a real estate deal gone awry is postponed.

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Fox's Supposed $500M Offer For Parler Was Fake, Jury Told

By Cara Salvatore

Billionaire Rebekah Mercer testified Thursday that Parler's later-ousted CEO made her think falsely that Fox was offering $500 million for the social app, one example of the supposed misconduct she has said was the reason he was forced out.

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Fox Rothschild Says Adult Day Care Suit Rehashes Claims

By Rose Krebs

Fox Rothschild LLP is urging a New Jersey state court to toss claims against the firm and one of its attorneys in a complaint related to the firm's prosecution of a fraudulent loan lawsuit that led to a $65,000 sanction against the firm.

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Wash. Justices To Hear Gordon Rees Malpractice Transfer Suit

By Ben Adlin

Washington's Supreme Court will consider whether a Great American insurance unit can inherit an equipment manufacturer's legal malpractice claims against two law firms in what the insurance company has called an issue of first impression, according to a high court order published Wednesday.

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Law Firm, Closing Agents Faulted For Not Flagging Fraud

By Matthew Santoni

A Pittsburgh-area real estate settlement company wrongfully released the money from a divorcing couple's property sale to a fraudster, and the law firm that was supposed to get the money didn't notice until nearly a month later, the couple claim in a lawsuit filed in Pennsylvania state court.

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CFTC Says CME Perps Fight Is 'Much Ado About Nothing'

By Aislinn Keely

The U.S. Commodity Futures Trading Commission told a D.C. federal judge that the Chicago Mercantile Exchange's suit over the agency's approval of Kalshi's bitcoin perpetual futures contract is "much ado about nothing" since the derivatives exchange is free to list its own version of the product.

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Pa. Property Manager Beats RE Agent's $10M Defamation Suit

By Isaac Monterose

A Florida state jury has ruled against a real estate agent in her $10 million defamation suit, in which she accused the board chairman of a Pennsylvania property management company of repeatedly harassing and defaming her.

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Dutch Software Co. Asks Justices To Halt TM Trial

By Hayley Fowler

A Dutch software company has asked the U.S. Supreme Court to pause a rapidly approaching trial in a trademark dispute with an American rival while it petitions for review of an injunction and contempt order that it said threaten to taint the entire proceedings.

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Brief

Invesco Funds Settle In Serta Uptier Ch. 11 Appeal

By Clara Geoghegan

Invesco-managed funds reached a confidential settlement, ending appeals of a Texas bankruptcy judge's decision that Serta Simmons lenders excluded from a debt restructuring deal are owed $400 million.

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Medical Biz Cites $15M Nicaragua Win To Avoid Arbitration

By Caroline Simson

A Nicaraguan medical products distributor is urging a Florida federal court to reconsider its order compelling arbitration of its dispute with GE Precision Healthcare LLC, pointing to a recent $15 million Nicaraguan court judgment that also dismisses the U.S. company's arbitration-based jurisdictional objection.

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Deal Termination Lessons From Verisk Merger Review Ruling

The Delaware Chancery Court’s recent ruling that Verisk Analytics forfeited its right to terminate a deal that was facing a second information request from the Federal Trade Commission illustrates the danger of information gaps between client and counsel and the risks of "willful conduct" language in merger agreements, say attorneys at HSF Kramer.

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Prepping Health Businesses For Sale In A Data-Driven Market

In a thinner market for healthcare transactions, with both regulators and buyers using artificial intelligence to inspect data in great detail, the margin for error in sellers' financials and legal diligence has narrowed, requiring more proactive compliance efforts, says Cody Dumas at FBFK Law.

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Series

Ballet Makes Me A Better Lawyer

A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

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Senior Lawyers Survey: Tell Us About Your Career

How are senior lawyers adapting to evolving career paths and emerging technologies? Share your perspective in this five-minute survey.

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Legal Sector Hiring Grows For 5th Month, But At Slower Pace

By Rachel Rippetoe

The legal sector saw 600 more jobs in August, growing for the fifth consecutive month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics. 

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3rd Circ. Revives Malpractice Claim Against Kirkland Atty

By Emily Sawicki

A New Jersey divorcee may once again pursue a legal malpractice claim against a Kirkland & Ellis LLP attorney who she said lost her millions by mishandling estate documents, after the Third Circuit found it could be possible to link her alleged damages to the lawyer's work.

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Quinn Emanuel DQ'd In Defamation Case Over Stock Reports

By Lynn LaRowe

A Texas federal court on Friday booted Quinn Emanuel Urquhart & Sullivan LLP from representing a Hong Kong manufacturing company in its defamation lawsuit against investment research service Muddy Waters LLC after finding that the law firm had received relevant confidential information when it represented Muddy Waters in a related government probe.

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DC Panel's Rare Rebuke Over AI Errors Flags Rules Gap

By Andrea Keckley

A D.C. appellate court panel issued a rare sua sponte sanctions order on Thursday after finding nonexistent case citations in a brief filed by a McCabe Weisberg & Conway LLC attorney representing Deutsche Bank National Trust Co. in a foreclosure action, noting an apparent gap in the rules governing the court's sanctions authority.

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Motley Rice Founder Remembered As Titan Of Mass Tort Bar

By Adrian Cruz

Motley Rice LLC co-founder Joseph F. Rice, who died Thursday, was remembered by former colleagues and friends as a "transformational" attorney and "giant in the civil litigation bar" who spent decades working on some of the most high-profile mass torts and obtaining landmark asbestos, opioid and tobacco settlements.

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Sinema Can't Duck Suit Over Affair With Ex-Security Guard

By Y. Peter Kang

A North Carolina federal judge Friday denied former U.S. Sen. Kyrsten Sinema's bid to escape the suit brought by the ex-wife of a former member of her security detail with whom she allegedly had an affair, saying the district court indeed has the authority to adjudicate the case.

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Roundup

Injury Law Roundup: Meta's Social Media Addiction Deal

By Y. Peter Kang

A $17.1 billion social media addiction settlement between Meta and 29 states and Johnson & Johnson's $5.5 billion ovarian cancer deal over its talc products lead Law360's Injury Law Roundup.

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Law360's Legal Lions Of The Week

By Kevin Penton

Morgan Verkamp LLC and Sparacino PLLC lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit held that the False Claims Act's qui tam provisions do not violate the appointments clause of the U.S. Constitution.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Attorneys and academics differ over whether the moves by Meta's in-house lawyers ahead of its $17 billion settlement over claims its content harmed children were legal missteps or defensible efforts to manage litigation risk. And the co-founders of a partner-only law firm told Law360 Pulse how their technology reduces intake, billing and other nonbillable tasks that attorneys would normally perform. These are among the stories in corporate legal news you may have missed in the past week.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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