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December 13, 2024 | Daily Report Online

Eversheds Sutherland Moving After 36 Years to Smaller Atlanta Office

The large law library and excess file drawer and storage space in the current office “are no longer relevant," according to the firm's COO.
4 minute read
December 13, 2024 | The Legal Intelligencer

Delaying Rent Payment by Assisted Living and Skilled Nursing Facilities in Chapter 11

One of the most significant calls on cash involves post-petition rent obligations due on leased facilities. Under Section 365(d)(3) of the Bankruptcy Code, post-petition obligations with respect to leased “nonresidential real property” must be timely paid. While the code draws a distinction between residential and nonresidential real property, there is no explicit definition of “nonresidential,” thus creating difficult issues in certain health care cases.
7 minute read
December 12, 2024 | Daily Report Online

As Atlanta Partners Moved to Am Law 200 Firms at a Higher Rate in 2024, 2 New Arrivals Benefited

More than 1 of every 3 lawyers on the move landed at newcomers Clark Hill and Buchalter or established players Barnes & Thornburg and Bradley Arant Boult Cummings.
6 minute read
December 10, 2024 | New Jersey Law Journal

NJ Workers Can't Sue for Alleged Employment Discrimination Over Marijuana Use, 3rd Circuit Rules

“Because New Jersey’s Supreme Court has not addressed this precise issue, we must predict how it would rule,” Judge Arianna J. Freeman said in her dissent. “Fortunately, several New Jersey authorities guide our path. Following that path, I predict that the New Jersey Supreme Court would discern an implied cause of action for failure to hire in violation of CREAMMA.”
4 minute read
December 10, 2024 | Texas Lawyer

Baker & Hostetler to Open Austin Office With 10-Lawyer Locke Lord Affordable Housing Team

The Locke Lord affordable housing team is leaving the firm, because of client conflicts related to Locke Lord's merger with Troutman Pepper Hamilton Sanders, which is set for Jan. 1, 2025.
5 minute read
December 09, 2024 | Corporate Counsel

Ex-Cancer Society CLO Takes Legal Reins of Habitat for Humanity International

Outside of his day jobs, Tim Phillips serves as general counsel of the Navy SEAL Foundation.
3 minute read
December 09, 2024 | Corporate Counsel

Employers Scramble to Get Immigration Records in Order Ahead of Trump Crackdown

"To be honest, you're cutting it close on time if you haven't already looked at it because the new administration is right around the corner," Littler Mendelson shareholder Jorge Lopez said.
6 minute read
December 06, 2024 | New Jersey Law Journal

'You're Stuck With It': $15M 'Phantom Stock' Judgment Granted

The judgment from Superior Court Judge Thomas LaConte of Passaic County follows seven days of arbitration with Michael Young of JAMS, who found that Fisk Holdings violated the covenant of good faith and fair dealing in trying to cheat its chief financial officer out of the full value of her award.
4 minute read
December 03, 2024 | The American Lawyer

Deal Watch: Latham, Skadden, Covington, Troutman, Fried Frank and Davis Polk Lead $10B+ Deals

Another anticipated rate cut and the rising boom in private credit investments continue to facilitate deal movement.
8 minute read
November 26, 2024 | The American Lawyer

Deal Watch: What Dealmakers Are Thankful For in 2024

"I am thankful that private equity is constantly evolving and changing but always challenging,” Kirkland & Ellis private equity partner Michael Weisser said.
9 minute read

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