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The American Lawyer

Big Law Looking Forward to 'Macron-Economic' Boost in France

France has long been a challenging place in which to do business. The historically left-leaning country's high taxes and tough labor laws often have made it a frustrating market for international investors—and their lawyers.
5 minute read

New York Law Journal

Ajamian v. Nimeh

Action's Dismissal as Res Judicata Explained; Future Complaints Risk Litigation Bar
2 minute read

Daily Business Review

Years of Contacts Paved Way for Office Sale by AvMed

Avison Young represents Keystone Property Group in its $36 million sale-leaseback transaction with the health insurer.
4 minute read

Daily Business Review

Broker Connects to Chinese Buyer on Lauderhill Retail

Franklin Street brings a Chinese investment group to Broward County for the first time with the $4 million retail deal.
2 minute read

The Recorder

California Public Employees Retirement System v. ANZ Securities, Inc.

U.S. Sup. Ct.; 16–373 Section 11 of the Securities Act of 1933 gives purchasers of securities “aright of action against an issuer or designated…
8 minute read

The Legal Intelligencer

High Court Shuts Door on Claims Against Insurance Salesman

Plaintiffs looking to sue insurance salesmen and financial advisers must be able to show they ceded decision-making control to the defendants before they can pursue claims for breach of fiduciary duty, the Pennsylvania Supreme Court has ruled.
8 minute read

Legaltech News

Canadian Firm Launches Fund Targeting Tech Industry Clients

Blake, Cassels & Graydon has earmarked C$1 million (roughly $756,000) to subsidize the legal costs for 30 to 40 startups in the Canadian technology scene.
3 minute read

The Legal Intelligencer

Chaborek v. Allstate Financial Services, LLC, et al, PICS Case No. 17-0945 (E.D. Pa. June 5, 2017) McHugh, J. (9 pages).

Plaintiff sufficiently plead at least two potentially successful claims against defendants for fraud and negligent misrepresentation; therefore, defendants failed to satisfy their heavy burden of persuading the court that plaintiff fraudulently joined them as part of his lawsuit to defeat diversity jurisdiction. The court granted plaintiff's motion to remand.
3 minute read

Daily Business Review

For Invesco, High Yields Make Battered Brazil Too Big to Ignore

Shunning politically volatile Brazil makes no sense for emerging-market investors, according to Invesco Ltd.
5 minute read

The Legal Intelligencer

Taksir v. Vanguard Group, Inc., PICS Case No. 17-0894 (E.D. Pa. May 26, 2017) Rufe, J. (14 pages).

Plaintiffs' claims against the defendant investment company were not pre-empted by the Securities Litigation Uniform Standards Act of 1998 since they did not assert that defendants' alleged misrepresentations regarding brokerage commissions made a significant difference to their decision to purchase securities. The court denied defendant's motion to dismiss in part.
8 minute read

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