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Pro Mid Market

In Softening Mid-Market Practices, Rising AFA Demand Prompts Questions About Commoditization

Midsize firm leaders expected a rise in flat-fee requests from clients under pressure to control costs, but getting too many requests in a specific area could signal pricing pressures on firms themselves on the horizon.
4 minute read

The American Lawyer

Latham Announces 44 New Partners, Nearly Half in Corporate Groups

New York and London each saw new partners in the double digits, while the firm's Los Angeles office—its first—had just one promotion to partner.
2 minute read

Daily Business Review

Guiding TCPA Cases in the Eleventh Circuit to a Settlement After 'Drazen v. Pinto'

Court-approved class settlements are common in TCPA class actions. The landscape of such settlements in the U.S. Court of Appeals for the Eleventh Circuit changed this summer, however, with the recent decision in Drazen v. Pinto, 41 F. 4th 1354 (11th Cir. 2022). Lawyers for both plaintiffs and defendants are well advised to adapt how they traditionally guide TCPA class action litigation toward settlement as a result.
6 minute read

The Legal Intelligencer

Outgoing Consumer Product Safety Commissioner Heads to Morgan Lewis

Dana Baiocco helped establish Jones Day's Boston office before being tapped by the Trump White House in 2017 to join the CPSC.
4 minute read

Delaware Business Court Insider

GNC Shareholder Files RICO Claims in Delaware Federal Court, Alleging 'Sham' Bankruptcy

The proposed class of GNC shareholders, those who held Class A common stock between February 2018 and June 2020, is represented by New Jersey attorney John Tang, who is also a named plaintiff in the case, owning nearly 8% of GNC's stock.
3 minute read

New York Law Journal

Usurpation of Corporate Opportunities

New York courts generally use two non-exclusive tests to determine whether the opportunity at issue was a corporate opportunity.
11 minute read

Daily Business Review

Lawsuit Against 'Wolf of Wall Street' Jordan Belfort 'a Lesson for Business Owners,' Says Miami Plaintiffs Attorney

Jordan Belfort has denied the allegations.
4 minute read

The Legal Intelligencer

Movement Led by the FTC Chair to Rein in Big Tech May Impact Businesses, Consumers

Given that landscape, it is unsurprising that legislators and antitrust regulators alike have tried for years to rein in the power of Big Tech, but they have had limited success.
7 minute read

The American Lawyer

As Clients Seek Out Restructuring Advice, Cooley Adds Bankruptcy Partner

The firm's addition of Chicago-based Eric Walker comes as Cooley sees more restructuring demand. Many of the firm's clients are getting to a point where they need restructuring services, said Cooley's Cullen Speckhart.
3 minute read

New York Law Journal

Assessing 'Commercially Reasonable Efforts' Provisions Under New York Law

A look at several recent New York cases that have attempted to articulate clearer guidelines for interpreting what it means to make "commercially reasonable efforts."
7 minute read

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