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Daily Business Review

Shearman & Sterling Advises on Banco do Brasil's $1.4B Offering

The secondary offering builds on a 10-year record high for equity deals in Brazil.
2 minute read

The Legal Intelligencer

Court: 2015 Kraft-Heinz Merger Not Grounds for Last-Minute Transfer of Egg Antitrust Claims

U.S. District Judge Gene E.K. Pratter of the Eastern District of Pennsylvania said Heinz did not show how the transfer of the case to Illinois federal court would benefit judicial economy, particularly as trial fast approaches in the Pennsylvania litigation.
3 minute read

Corporate Counsel

Boeing Reports on $2B in Crash-Related Losses as Luttig Wrangles Undisclosed Legal Costs

Its report did note the risk related to "potential adverse developments in new or pending litigation and/or government investigations." Overseeing those legal matters is J. Michael Luttig, former general counsel and now chief counsel and adviser to Boeing's chief executive.
4 minute read

Daily Business Review

UF Law Students Aren't Happy About Justice Clarence Thomas' New Teaching Stint

News that U.S. Supreme Court Justice Clarence Thomas will be teaching at the University of Florida in 2020 has prompted some students to create a group aimed at addressing what they say is a culture of tolerating harassment, unequal treatment, misogyny and violence.  
5 minute read

Daily Report Online

Insurer Settles Lawsuit Accusing Lawyer of Scheming With Fraudsters to Steal $500K

Coface Insurance accused Villa Rica solo Jay Davis of allowing email hijackers to misdirect $3.1 million into his IOLTA account, from which more than a half-million dollars was siphoned before the scam was discovered.
4 minute read

Daily Business Review

Parnas Sought Spot on DeSantis Transition Committee

Lev Parnas, left, with former New York City Mayor Rudy Giuliani, has been arrested on campaign-finance charges involving the pro-Trump super PAC America First Action.
5 minute read

International Edition

Litigation Recovery Company Expands on Global Rise of Shareholder Class Action

Shareholder class actions have increased globally, especially in Australia.
5 minute read

Corporate Counsel

Former SEC Lawyer Named as Crypto Rating Firm's First Chief Legal Officer

Jake Prudhomme is building a compliance program for Crypto Asset Rating Inc. that will integrate best practices from SEC-regulated credit rating agencies to ensure that the integrity of the ratings process is not compromised.
3 minute read

International Edition

Cleary Gottlieb, Shearman & Sterling Advise on Banco do Brasil $1.4B Offering

The secondary offering builds on a 10-year record high for equity deals out of Brazil.
2 minute read

The American Lawyer

Ex-DLA Piper Ethics Counsel Alleges Firm Tolerated 'Abuse of Power' by Ousted Partner

The firm says Leah Christensen's assertions about the way it handled claims against former partner Louis Lehot are "demonstrably false."
5 minute read

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