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Corporate Counsel

Twitter Suit Blames 'Disgruntled' Legal Execs for Massive Wachtell Payout

"Wachtell exploited a corporate client left unprotected by lame-duck fiduciaries who had lost their motivation to act in Twitter's best interest," Twitter's lawsuit alleges.
7 minute read

The American Lawyer

Twitter Lawsuit Alleges Wachtell Ran Up $90 Million Tab Before Musk Takeover

A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
3 minute read

National Law Journal

FTC Suit Leads to Lifetime Ban for Operators of Alleged Telemarketing Scam

Court order memorializing settlement reduces $6.5 million judgment to $500,000.
2 minute read

National Law Journal

University Didn't Retaliate Against Professor for 'Woke Joke' Post, Split 4th Circuit Rules

The dissenting judge said the professor engaged in First Amendment protected speech.
3 minute read

National Law Journal

Big Law Firms Continue Downsizing Office Spaces Amid Hybrid Work Arrangements

Crowell & Moring, Katten and Kilpatrick have all made plans to downsize their office spaces in D.C., according to real estate reports.
4 minute read

New York Law Journal

US Judge Orders Ex-Employee's Lawsuit Against Giuliani Back to NY State Court

In a letter to the court, Giuliani's attorney, Adam Katz of Goldberg Segalla, said his client would consent to remand "to avoid protracted motion practice."
4 minute read

Law.com

In J&J Sunscreen Settlement Appeal, Ted Frank Applies Hot Topic of Standing

Frank, of the Hamilton Lincoln Law Institute and the Center for Class Action Fairness, filed his opening brief on Wednesday before the U.S. Court of Appeals for the Eleventh Circuit, which reversed another settlement three months ago because the lead plaintiffs lacked standing.
4 minute read

National Law Journal

Auto, Oil Groups Assail EPA's Proposed Vehicle Emission Standards, Seek More Time to Comment

Regulated industries call the EPA's proposed standards neither reasonable nor achievable.
4 minute read

National Law Journal

'Judicial Arrogation:' GOP-Appointed Judges Slam Colleagues Over Homelessness Ruling

Ninth Circuit's internecine fight arose over denial of en banc review of Eighth Amendment decision.
5 minute read

National Law Journal

Gibson Dunn Builds Case Against SEC's Broker-Dealer Enforcement 

"These enforcement actions therefore present an issue—what it means to be a 'dealer' under the Exchange Act—of critical importance to our nation's financial industry and securities markets," argued Gibson, Dunn & Crutcher partner Helgi Walker.
6 minute read

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