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October 01, 2024 | Corporate Counsel

FTC Bans Exec From Chevron Board—Exercising Authority It Doesn't Have, GOP Dissenters Say

The GOP minority on the Federal Trade Commission says Democrats are using a ridiculous legal theory to sideline directors, realizing firms will cave, sparing the agency from having to test the theory in court.
5 minute read
September 10, 2024 | Legaltech News

Nervous System: Honeypots in Space

Honeypots are designed to trick hackers into exposing themselves. The first known use of such a trap occurred in the mid-1980s, when a $0.75 discrepency exposed an international cadre of spies attempting to steal military secrets about the fabled "Star Wars" Strategic Defense Initiative.
5 minute read
September 04, 2024 | New York Law Journal

Dealmaker of the Year Winner: Zach Podolsky, Partner, Wachtell, Lipton, Rosen & Katz

Great dealmakers have a strong command of the law, but they also make an effort to understand their clients' commercial and strategic objectives.
3 minute read
August 28, 2024 | National Law Journal

'Inflated Fuel Prices?': Baltimore Targets Big Oil Companies in Antitrust Class Action Trend

Similar to other antitrust lawsuits against major oil companies, Baltimore alleges that it has "paid artificially inflated prices for light petroleum products sold in the U.S., resulting from output restrictions in the crude oil market by cartel members."
2 minute read
August 23, 2024 | Texas Lawyer

Kirkland & Ellis Prune Subclass from Hess Corp. Class Action

Responding to plaintiffs' argument that the court should wait until after discovery to decide, Hovland said no amount of discovery will cure a class defined to include members without standing.
3 minute read
August 16, 2024 | Litigation Daily

Litigators of the Week: Wiping Out a Startup's $72M Verdict Against Boeing

U.S. District Judge James Robart in Seattle found that the plaintiff, the now-defunct Zunum Aero Inc., hadn't adequately identified its alleged trade secrets nor shown that Boeing had interfered with its dealings with other potential investors, handing a win to John Hueston and Moez Kaba of Hueston Hennigan.
10 minute read
August 14, 2024 | Law.com

State Appeals Court's Rejection of Contributory Negligence Arguments in $12M Railroad Injury Suit Sparks Forum Shopping Warning From Dissent

"Here, we take irrational disparity to a new level: FELA will mean one thing in Illinois and another thing in Missouri even with regard to identical accidents in Illinois to which the same Illinois safety regulation applies," Missouri Appellate Judge Cristian M. Stevens wrote in a dissenting opinion.
5 minute read
July 17, 2024 | New York Law Journal

D.C. Circuit Rulings Shed Light on FSIA Expropriation Exception Issues

In recent years, a number of cases have sought compensation from Germany or Hungary for property the Nazis or their allies seized. Plaintiffs relied upon the "expropriation exception" of the Foreign Sovereign Immunities Act (FSIA) to secure jurisdiction over the foreign sovereign. The authors discuss two such cases, 'Toren v. Federal Republic of Germany' and' Republic of Hungary v. Simon.'
10 minute read
June 14, 2024 | Texas Lawyer

Army of Lawyers Suit Up for Price-Gouging Antitrust Class Actions

"Eleven nearly identical putative class action complaints have been filed against defendants, alleging a conspiracy to constrain the production of shale oil to increase the price of oil products," the oil company defendants said.
5 minute read
June 14, 2024 | Law.com

Army of Lawyers Suit Up for Price-Gouging Antitrust Class Actions Against Shale Producers

"Eleven nearly identical putative class action complaints have been filed against defendants, alleging a conspiracy to constrain the production of shale oil to increase the price of oil products," the oil company defendants said.
5 minute read

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