A Trian Fund Management-led group of investors has proposed acquiring Wendy's for about $1.4 billion in a transaction that would take the fast-food chain private, a Wednesday securities filing shows.
A Trian Fund Management-led group of investors has proposed acquiring Wendy's for about $1.4 billion in a transaction that would take the fast-food chain private, a Wednesday securities filing shows.
A Ninth Circuit judge confronted Whole Foods on Wednesday for reversing its position in a proposed class action alleging failure to include wage information in job listings, pressing its counsel on why an appellate panel should accept its new standing argument and let the case proceed in federal court instead of Washington state court.
A California federal judge said on Wednesday that he is unlikely to toss claims that Unilever defamed Ben & Jerry's then-board chair to justify ousting her over her support for Palestinians, and indicated he is inclined to transfer the case to New York.
The Federal Trade Commission is pressing Delta, Uber, Target and a half-dozen other companies to detail how they're using personal data to set individualized pricing for consumers and compensation for workers, marking the latest escalation of the agency's growing scrutiny of the increasingly prominent business practice.
Over the summer and early fall, lawmakers proposed measures aimed at putting safeguards around the rapidly growing industry of artificial intelligence, as public concerns over its safety climb in tandem. The new nominee to head the U.S. Food and Drug Administration also faced sharp queries over her views on vaccines and birth control.
Trade representatives from India and Mexico kicked off negotiations for a preferential trade agreement, the Indian government announced Wednesday, saying the hope is to increase trade between the countries.
A Seattle restaurant owner was sentenced to 13 months in prison and three years of supervised release for willfully failing to pay more than $1.4 million in unemployment, Social Security and Medicare taxes, some of which he withheld from employees' paychecks, federal prosecutors said.
A former employee and investor in a Pittsburgh-area chain of Mexican restaurants says he wants to be repaid after his retirement, but the former co-owners' divorce has left each party claiming the other owes him the money, according to a lawsuit the investor filed in Pennsylvania state court Tuesday.
Two meatpacking companies must face a proposed class action alleging they lured Haitian workers to Colorado with false promises and subjected them to harsh working conditions because of their race, with a federal judge saying Wednesday that the bid to toss the case is based mostly on technicalities.
The Dutch competition regulator has decided to block the sale by multinational consumer goods giant Unilever PLC of Dutch brand Unox to Zwanenberg, almost two years after the deal was announced.
The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.
The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.
Weil Gotshal & Manges LLP leaders may have every reason to agree to an out-of-court wind-down, but dissolving such a storied law firm, which announced Wednesday it intends to shut down following an exodus of attorneys, is not as simple as a handshake among partners, experts said in interviews with Law360 on Wednesday.
Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.
Troutman Pepper Locke LLP and Baker McKenzie experienced data breaches last month as a result of social engineering attacks, according to notices submitted this week to the attorneys general offices in California and Texas.
Personal injury giant Morgan & Morgan PA has asked a Florida federal court for a preliminary injunction to block a Sunshine State bar rule that forbids celebrity endorsements in attorney advertisements.
