Ch. 11 Creditors Seek Sanctions In $57M Conn. Mortgage Feud

By Aaron Keller

An unsecured-creditor committee has asked a Connecticut federal bankruptcy judge to sanction a successor to an entity that lent $57 million to the bankrupt real estate and building companies behind a luxury Newtown apartment complex, saying the successor hasn't provided details about the mortgage or several reserves earmarked within it.

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Conn. Adviser Banned After $9.2M Fraud, Prison Sentence

By Ryan Harroff

The Connecticut Department of Banking banned an investment adviser from practicing his craft in the Constitution State following his sentence to 87 months in prison and a $9.2 million restitution payment for a Georgia fraud case.

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Florida, Sandoz Say They've Fixed Generic Drug Price-Fix Deal

By Matthew Perlman

The Florida Attorney General's Office and Sandoz Inc. have told a Connecticut federal court they've fixed the problems the court identified with a generic drug price-fixing settlement after other states with claims in the case objected to a clause in the deal.

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Reed Smith Pushes For 2nd Circ. Stay In $102M Award Fight

By Emily Sawicki

Still seeking to represent prebankruptcy owners of international shipping company Eletson Holdings Inc., Reed Smith LLP has asked the Second Circuit to stay a bankruptcy proceeding and a district court action, arguing the reorganized Eletson, now allegedly under common control with a former adversary, has launched a "calculated effort" to seize the company's privileged client information.

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WWE Accuser's Firm Blames PACER For Late Response

By Brian Steele

Counsel for the law firm representing a former World Wrestling Entertainment staffer on sex trafficking and abuse claims has objected to a motion for default in a related defamation suit, said he couldn't appear in the case earlier in part because of difficulty accessing the federal judiciary's electronic docket system, but he said he would have asked for more time to respond anyway.

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Brief

Security Co. Drops Trade Secrets Claims Against Contractor

By Brian Steele

A Connecticut security monitoring company on Thursday dropped a federal lawsuit alleging that a sales contractor bought a secret list of more than 20,000 clients from a service technician and hatched a plan to sell it to competitors.

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Brief

GlaxoSmithKline Settles Conn. Generic Zantac Suits

By Aaron Keller

GlaxoSmithKline on Thursday agreed to settle two Connecticut lawsuits, one by seven plaintiffs and the other by 11, that claimed generic forms of the brand name heartburn and acid reflux drug Zantac degraded into a substance that caused cancer.

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Attacks On Judicial Independence Tend To Manifest In 3 Ways

Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

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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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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen Tottenham Hotspur FC kick off against Manchester United co-owner Ineos Automotive following a soured sponsorship deal, Acer and Nokia clash over patents for video coding technology, and two investors reignite litigation against the founders of an AI exercise bike business that unlawfully pocketed $1.2 million in investments to fund their own lifestyles. Here, Law360 looks at these and other new claims in the U.K.

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IRS, Law Firm Settle $790K Worker Credit Refund Suit

By Anna Scott Farrell

The Internal Revenue Service settled a lawsuit seeking more than $790,000 in pandemic-era worker tax credits by a law firm that had claimed the agency was delaying paying out, according to a dismissal order Friday by a Pennsylvania federal court.

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7 Willkie Partners Join Cooley Over Trump EO Deal

By Aebra Coe

Seven partners have left Willkie Farr & Gallagher LLP, including both managing partners of the firm's San Francisco office, to join Cooley LLP, reportedly over their former employer's decision to strike a deal with the Trump administration related to a potential executive order.

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Jackson Walker, Ex-Judge Facing Class Action Over Romance

By Catherine Marfin

A former bankruptcy judge and Jackson Walker LLP have been hit with another lawsuit over the judge's secret romance with a former firm partner, this time a proposed class action from a group of bondholders of financial company GWG Holdings Inc.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Compliance experts say corporate leaders with business interests south of the border are worried about possible terrorism-related charges under the Trump administration for inadvertently working with the cartels. Meanwhile, the head of Glass Lewis pushed back against allegations from some lawmakers concerning the firm's "expansive, opaque and ideologically driven influence" on companies. These are some of the stories in corporate legal news you may have missed in the past week.​

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Beltway Moves: Torridon Law, MoFo, V&E

By Alison Knezevich

Former Secretary of State Mike Pompeo headed to Torridon Law PLLC this week in one of the latest high-profile moves in the Washington, D.C., legal industry over the first half of June.

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Grassley Budget Bill Calls For More Use Of Injunction Bonds

By Courtney Bublé

Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, has released his portion of the budget reconciliation text, which would bolster the use of injunction bonds to raise the stakes for plaintiffs seeking to halt White House initiatives.

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Law360's Legal Lions Of The Week

By Kevin Penton

The Institute for Justice, Mitchell Shapiro Greenamyre & Funt LLP, Spears & Filipovits LLC and attorney Lisa Lambert lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court held that the Constitution's supremacy clause cannot shield the federal government from Federal Tort Claims Act suits.

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Akerman Seeks To Move Malpractice Suits From Medical Cos.

By Madison Arnold

Akerman LLP has asked to have two malpractice cases from medical laboratories moved from Palm Beach County to Miami-Dade County, where the firm's related unpaid fees case against Rennova Health Inc. is being litigated.

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Former NJ Deputy AG Claims Office Fired Him For His ADHD

By Beverly Banks

A former deputy attorney general who worked on environmental cases for New Jersey accused the state of retaliating against him when he sought accommodations for attention deficit hyperactivity disorder and later terminated him for his disability.

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2nd Circ. Won't Rehear Trump Appeal Of $5M Assault Verdict

By Cara Salvatore

The full Second Circuit refused Friday to revisit President Donald Trump's challenge to writer E. Jean Carroll's $5 million sexual assault finding against him, with two judges dissenting.

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Ex-Attorney Cops To Tax Evasion In Massachusetts

By Anna Scott Farrell

A former attorney pled guilty to tax evasion in a Massachusetts federal court Friday after prosecutors accused him of transferring money to his wife to hide his earnings and using his business accounts to pay for guns and jewelry.

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Wash. High Court Suspends Atty Amid Delays In Bar Probe

By Rachel Riley

The Washington State Supreme Court has suspended an Evergreen state attorney's legal license, at the state bar association's request, for allegedly stalling disciplinary investigations into her work representing student families in two federal lawsuits against school districts.

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The Law Firm Loophole: How Debt Cos. Snare NC Consumers

By Daniel Connolly

To get around bans in North Carolina and many other states, debt relief companies set up facade law firms - companies that are law firms in name only, with a tiny number of lawyers nominally serving thousands of clients, consumer advocates and regulators say.

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