A South Carolina power utility and a former top executive can't escape a proposed securities class action from bond buyers who say they were misled about a doomed nuclear project, a federal court has ruled, finding internal communications cited in the suit suggested possible duplicity.
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SC Utility Must Face Suit Over Failed Nuclear Reactor Project

A South Carolina power utility and a former top executive can't escape a proposed securities class action from bond buyers who say they were misled about a doomed nuclear project, a federal court has ruled, finding internal communications cited in the suit suggested possible duplicity.

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Insurer Aims To Recoup $1.5M From NJ Transit Bridge Project

A unit of The Hartford has filed suit in New Jersey federal court looking to recoup $1.5 million in surety bonds lost after a construction company backed by the insurer was terminated from a New Jersey Transit Corp. bridge project.

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US Cos. Want Duties On Chinese Plywood Imports Widened

A group of American producers has asked the U.S. Department of Commerce to expand duties on Chinese hardwood plywood to cover shipments that are sent to Vietnam for assembly before being imported into the U.S.

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DHS Chief Pressed On 'Remain In Mexico,' Border Wall Funds

Acting Homeland Security Secretary Chad Wolf faced heat from House Democrats over migrants' safety and access to counsel as he defended the government's request for more funding during a Wednesday budget hearing.

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GAO Says Most Of $82B Army Deal Protests Can Be Axed

The U.S. Government Accountability Office has recommended mostly tossing a construction company's protests of contracts under an $82 billion U.S. Army logistics deal, but said the government failed to evaluate a bidder's proposed fixed price on one award.

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Vance Tells High Court Trump's Immunity Claim 'Flawed'

Manhattan District Attorney Cyrus Vance told the U.S. Supreme Court on Wednesday that President Donald Trump's claims of absolute immunity to criminal investigation while in office are "unprecedented," "unfounded" and "flawed."

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Tribes, Feds Spar Over Presidential Permit For Keystone XL

The Rosebud Sioux and Fort Belknap tribes traded blows with the federal government in Montana federal court, battling over the impact of the Keystone XL pipeline on tribal mineral rights and whether President Donald Trump had the authority to issue a permit for the project.

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HGTV Star Beats Ex-Real Estate Partners In Suit Over Buyout

HGTV's "Fixer Upper" star Chip Gaines on Wednesday defeated a Texas lawsuit in which his former business partners accused him of fraud and pressuring them into selling their ownership interests in Magnolia Realty, a company the show ended up making famous.

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More Businesses Challenge Trump’s Steel, Aluminum Tariffs

Four more importers and distributors of steel and aluminum products have sued the Trump administration, adding to the slew of businesses challenging as unconstitutional the sudden imposition of recent tariffs on their nails, staples, wires and more.

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Real Estate Rumors: Wells, MMG Equity, Horizon Therapeutics

Wells Fargo is reportedly leading a $973 million financing round for the Manhattan St. John's Terminal project, MMG Equity Partners is said to have sold a Florida shopping center for $22.7 million and Horizon Therapeutics has reportedly paid $115 million for an Illinois office campus.

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Int'l Construction Projects Require Cultural Considerations

Parties to large-scale construction projects that demand international cooperation must contemplate how potential cultural differences can influence contract negotiations and dispute resolution, among other factors, say Scott Stiegler and Peter Danysh at Vinson & Elkins.

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Community Shared Solar: Promising Option For Calif. Builders

The California Energy Commission's recent approval of an off-site community shared solar project, allowing developers to forgo putting solar panels directly on new residential buildings, establishes a blueprint that could slow the increase in housing construction costs, say attorneys at Gibson Dunn.

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Stop New York Asbestos Lawyers From Gaming The System

A recent study suggests New York plaintiffs lawyers have withheld evidence that their clients were exposed to multiple companies’ asbestos products to inflate litigation awards, then later sought compensation from asbestos trust funds, hurting businesses and depriving future asbestos victims, says Phil Goldberg at the Progressive Policy Institute.

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Solutions To 4 Common Law Firm Diversity Challenges

A workshop recently held by the California Minority Counsel Program provides steps law firms can take toward solving minority attorneys' limited access to social capital and lack of meaningful investment, as well as other obstacles to diversity and inclusion, says Alexandra DeFelice, director of marketing and business development at Payne & Fears.

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GCs Hungrier Than Ever For Outside Counsel Data

In-house attorneys at Microsoft Corp. often ask each other for outside counsel recommendations, but soon enough, they’ll be able to review which lawyers to consider — or steer clear of — with a few clicks of a button.

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Fed. Judge's Misconduct A 'Shock' To Kansas Colleagues

A Kansas federal judge told lawmakers Wednesday that revelations about a colleague's pervasive sexual harassment of employees and affair with a felon were "an absolute shock" to other judges in the district.

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Ginsburg Outpacing Colleagues In Opinion-Writing This Term

Despite some recent health scares, U.S. Supreme Court Justice Ruth Bader Ginsburg is showing no signs of slowing down. The 86-year-old jurist has written more opinions than any of her colleagues in argued cases so far this term, including every single dissent.

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Cellino & Barnes Feud Sparks Bias Suit From Girlfriend

Amid the breakup of New York personal injury firm Cellino & Barnes, one of its attorneys is now accusing partner Ross M. Cellino Jr. of cheating her out of a share of a landmark settlement based on her romantic relationship with Stephen E. Barnes.

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Oasis Founder Drops Bid To Revive Kirkland, Littler Suit

A founder of litigation funder Oasis Financial has withdrawn a bid to revive a lawsuit claiming Kirkland & Ellis LLP and Littler Mendelson PC steered Oasis' private equity sale using fraudulent transaction documents, while improperly keeping its minority co-owners out of the loop until the sale was final.

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Trump Taps Judges For Trial Courts In Ohio, Wis.

President Donald Trump on Wednesday selected federal magistrate, bankruptcy and state court judges for lifetime appointments to U.S. district court seats in Ohio and Wisconsin, continuing his efforts to reshape the judiciary at the trial court level.

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Pa. Bar Groups Decry Court Attacks After Trump Recusal Call

After President Donald Trump called for U.S. Supreme Court Justices Sonia Sotomayor and Ruth Bader Ginsburg to recuse themselves in "all Trump or Trump-related matters," both the Pennsylvania and Philadelphia bar associations issued statements Wednesday decrying what one called "unwarranted attacks" on the judiciary.

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NY Courts To Drop Bar Applicant Questions On Mental Health

In her annual “state of the judiciary” address, New York’s chief judge on Wednesday said the courts would drop a bar applicant question about their mental health and treatment.

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Opioid Judge Rips Pharmacies' 'Ironic' Push To Halt Discovery

The Ohio federal judge overseeing multidistrict litigation over the opioid crisis told the Sixth Circuit that pharmacies looking to block nationwide discovery are contradicting themselves by raising privacy concerns when they've tried to pry sensitive health data from plaintiffs in the past.

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Michael Best Gobbles Austin Firm To Boost Startup Muscle

In a move to expand its startup and emerging company offerings in Austin, Texas, Michael Best & Friedrich has acquired local boutique RWR Legal, bringing on three corporate and securities lawyers.

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Fla. Law Firm Wants Unpaid Fees From Litigious Porn Studio

A Florida law firm is demanding nearly $300,000 in allegedly unpaid legal fees from a pornography studio that has filed thousands of copyright lawsuits against internet downloaders, according to a filing made Wednesday in West Palm Beach federal court.

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Ex-Bryan Cave Partner Joins Crypto Co. Bitstamp As CLO

A former U.S. attorney in Pennsylvania and onetime Bryan Cave Leighton Paisner LLP partner joined cryptocurrency trading platform Bitstamp as its chief legal officer, the company said in a release Wednesday.

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Law Firm Leaders: Porter Hedges' Robert Reedy

Robert Reedy has served as managing partner of Houston-based Porter Hedges for the last decade and plans to step down when his term ends in 2024. Here, Reedy chats with Law360 about succession planning, his goals for his final four years as managing partner, and the perks of being a law firm in Texas.

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