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January 17, 2024 | The American Lawyer

Even As Billing Rates Increase, Lack of Confidence in Fees and 'Subtle Psychology' May Lead to Less Profit

The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
5 minute read
January 12, 2024 | Daily Report Online

'Parade of Horribles': Statute of Repose Case Could Impact Hair Relaxer Products Claims

"I have a jar of Vaseline that may have lasted longer than 10 years, and if I was to put that on 10 years after I bought it, under the ruling of the Chatham County court, that would start the limitations period over again," defendant-appellant counsel argued.
6 minute read
In re FairPoint Ins. Coverage Appeals
Publication Date: 2024-01-01
Practice Area: Insurance Law
Industry: Insurance | Investments and Investment Advisory | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Seitz
Attorneys:
For plaintiff: Kurt M. Heyman, Aaron M. Nelson, Kelly E. Rowe, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Scott B. Schreiber, William C. Purdue, Samuel I. Ferenc, Matthew L. Farley, Arnold & Porter Kaye Scholer LLP, Washington, D.C.; Bruce E. Jameson, John G. Day, Prickett, Jones, & Elliott, P.A., Wilmington, DE; Tammy Yuen, Juan Luis Garcia, Skarzynski Marick & Black, LLP, New York, NY; Robert J. Katzenstein, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Ronald P. Schiller, Daniel J. Layden, Hangley Aronchik Segal Pudlin & Schiller, Philadelphia, PA; Michael R. Goodstein, Bailey Cavalieri, Columbus, OH; Thomas J. Judge, Jason C. Reichlyn, Dykema Gossett, PLLC, Washington, D.C. for appellants.
For defendant: Jennifer C. Wasson, Carla M. Jones, Potter Anderson & Corroon LLP, Wilmington, DE; Robin L. Cohen, Keith McKenna, Meredith Elkins, Cohen Ziffer Frenchman & McKenna LLP, New York, NY for appellees.
Case number: 478, 2022

Superior court erred in finding fraudulent transfer claims filed by a bankruptcy litigation trust to be derivative and falling under the definition of a "securities" claim in a corporate insurance policy where such claims only benefitted creditors rather than the company and thus were direct in nature.

In the Matter of Investigator John Kesel v. Jeffrey Holtz
Publication Date: 2023-12-23
Practice Area: Civil Appeals
Industry:
Court: Appellate Division, Fourth Department
Judge: Unsigned Lindley, J.P., Curran, Montour, Ogden, and Nowak, JJ.
Attorneys:
For plaintiff:
For defendant:
Case number: 0897

In the Matter of Investigator John Kesel v. Jeffrey Holtz

December 22, 2023 | Litigation Daily

One Last Batch of Litigator of the Week Runners-Up for 2023

We're done shouting for the year, so everybody gets a runner-up spot this week.
7 minute read
Appellate Division, First Department: December 21, 2023
Publication Date: 2023-12-21
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Appeals & Motions
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appeals & Motions List released on:December 19, 2023

December 15, 2023 | New York Law Journal

Aerospace Company Facing $130 Million Lawsuit Over Alleged Fraud

Daher Aerospace Inc. is suing Triumph for fraudulent inducement of contract and breach of contract, claiming the Pennsylvania-based company did not reveal they were in continuous breach of multiple key preexisting customer contracts, including with their largest client, Boeing.
3 minute read
December 15, 2023 | The Legal Intelligencer

Pa.-Based Aerospace Company Facing $130 Million Lawsuit Over Alleged Fraud

Daher Aerospace Inc. is suing Triumph for fraudulent inducement of contract and breach of contract, claiming the Pennsylvania-based company did not reveal they were in continuous breach of multiple key preexisting customer contracts, including with their largest client, Boeing.
3 minute read
December 12, 2023 | The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
5 minute read

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