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Big Law Spotlight


CAHILL’S WAKE-UP MOMENT SPURS UNLIKELY EXPANSION AFTER 105 YEARS

Cahill Gordon & Reindel was weathering a historic slump in the high-yield and
leveraged loans market, which it’s long dominated, that drove its revenue down
20 percent over a three-year period.


ALEX JONES BANKRUPTCY TRUSTEE’S SALE EFFORTS CHALLENGED BY DOJ

The trustee appointed to oversee the liquidation of right-wing provocateur Alex
Jones’ assets doesn’t have direct authority to sell the property of his Infowars
media platform, a Justice Department unit told a Houston bankruptcy court.


SEC CLIMATE RULE FOES DRAW ON CHEVRON DEATH TO FIGHT REGULATION

Podcast


AI DILEMMA: CAN US LEGISLATORS TAKE ACTION BEFORE IT’S TOO LATE?

Column


ONE-STOP SHOPPING WITH MEGA-FIRMS CAN COST MORE THAN IT SAVES


LAWYERS GIVE MORE TO HARRIS IN 10 DAYS THAN TRUMP IN ENTIRE RACE


NYC OUTER BOROUGH LANDLORDS FLOOD BROOKLYN’S BANKRUPTCY COURT

A wave of distressed real estate properties in New York City’s outer boroughs of
Brooklyn and Queens are dominating business bankruptcy filings at the federal
courthouse in downtown Brooklyn and contributing to the district’s outsize share
of cases nationwide.


JACKSON WALKER FIGHTS DOJ’S DISCOVERY PURSUIT OF ETHICS COUNSEL


US SUES SHIP OWNER, OPERATOR OVER BALTIMORE BRIDGE COLLAPSE


AMAZON’S LOSS IN CASE OVER UNION TACTICS SET TO EMBOLDEN WORKERS


BIG FOUR ACCOUNTING FIRMS EBB AS FEEDER FOR CORPORATE CFO JOBS


PRACTITIONER INSIGHTS

View More Insights


STATES’ ACTION STILL VIABLE DESPITE BAN OF FTC NONCOMPETE RULE

Ryan Strasser
Troutman Pepper


STREAMLINING COMPLEX MEDIATIONS REQUIRES REALISM AND A ROADMAP

John Moore
Pullman & Comley


SUPREME COURT IS FAR FROM FINISHED WITH REINING IN US AGENCIES

Noel Francisco
Jones Day



MORE LITIGATION COVERAGE FROM BLOOMBERG LAW


INDIAN GOVERNMENT SUED FOR ASSASSINATION ATTEMPT ON US CITIZEN

The Indian government is being sued in federal court for its alleged
“unprecedented attempt” to assassinate a Sikh separatist and attorney with US
citizenship on US soil.


INDIAN GOVERNMENT SUED FOR ASSASSINATION ATTEMPT ON US CITIZEN

The Indian government is being sued in federal court for its alleged
“unprecedented attempt” to assassinate a Sikh separatist and attorney with US
citizenship on US soil.


TRUMP MEDIA’S SUIT OVER MERGER HEADED BACK TO FLORIDA COURT


CALIFORNIA ANTI-DEEPFAKE LAWS TARGET OF FREE SPEECH LAWSUIT


MADOFF VICTIMS LAUNCH NEW BID TO RECOUP LOSSES FROM INSURANCE


FACEBOOK MESSENGER, MESSENGER KIDS CLASS ACTION TO MOVE FORWARD


WHY CONGRESS SO RARELY PASSES GOVERNMENT FUNDING BILLS ON TIME

Congress has until Sept. 30 to pass a funding bill, otherwise much of the
government will shut down. In this video, we explore why it's so hard for the
federal government to fulfill one of its most basic functions: funding itself on
time.




PODCASTS

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AI DILEMMA: CAN US LEGISLATORS TAKE ACTION BEFORE IT'S TOO LATE?


ASPIRING ENVIRONMENTAL LAWYERS WARMING UP TO BIG LAW


HOW HOUSE DEMOCRATS ARE READYING FOR 2025 TAX TALKS


BLOCKBUSTERS BRING DOWN CURTAIN ON SUPREME COURT TERM


COLUMNS + COMMENTARY

 * Rob Chesnut Good Counsel
   
   
   ONE-STOP SHOPPING WITH MEGA-FIRMS CAN COST MORE THAN IT SAVES

 * Andrew Leahey Technically Speaking
   
   
   LAND VALUE TAXES CAN RESOLVE PROPERTY TAX SYSTEMS’ INEQUITIES

 * Roy Strom Big Law Business
   
   
   FRIED FRANK’S NEW BANKRUPTCY PRACTICE HAS UNLIKELY MEMBER: A COO

 * David Lat Exclusive Jurisdiction
   
   
   THIS FEDERAL JUDGE CALLS FOR GIVING PRISONERS A SECOND CHANCE

Exclusive


WOMEN HARMED BY DOCTORS, THEN FAILED BY US CIVIL RIGHTS WATCHDOG

It’s the job of the US Department of Health and Human Services Office for Civil
Rights to investigate civil rights violations in hospitals that get federal
funding. But it often fails to hold doctors and hospitals accountable for
discrimination, Bloomberg Law found after reviewing hundreds of records released
by the agency in response to a public records request and the office’s public
settlement agreements from the past five years.

By Courtney Rozen


A STAR BANKRUPTCY JUDGE’S DOWNFALL: BLOOMBERG LAW INVESTIGATION


SEX, SECRETS TRIGGER DOWNFALL OF STAR TEXAS BANKRUPTCY JUDGE

After helping to transform Houston’s bankruptcy court from a backwater to a
boomtown, Judge David R. Jones resigned in 2023 following the disclosure of his
long-running romantic relationship with a local bankruptcy lawyer. As the
revelations mount, the inner workings and casual approach to potential ethical
conflicts of a highly productive and tight-knit legal community have begun to
surface.


SEX, SECRETS TRIGGER DOWNFALL OF STAR TEXAS BANKRUPTCY JUDGE

After helping to transform Houston’s bankruptcy court from a backwater to a
boomtown, Judge David R. Jones resigned in 2023 following the disclosure of his
long-running romantic relationship with a local bankruptcy lawyer. As the
revelations mount, the inner workings and casual approach to potential ethical
conflicts of a highly productive and tight-knit legal community have begun to
surface.


HOW FOUR JUDGES KEPT ROMANCE ALLEGATIONS QUIET FOR TWO YEARS


BANKRUPTCY TRIAL OVER SOME JACKSON WALKER FEES SET FOR DECEMBER


US MUST SHARE SOME JUDGE ROMANCE PROBE INFO WITH JACKSON WALKER


BANKRUPTCY JUDGE ROMANCE PROBE GOES TOO FAR, JACKSON WALKER SAYS


FROM ACROSS BLOOMBERG LAW

Business & PracticeDaily Labor Report®Daily Tax Report ®Environmental, Social &
Governance (ESG)
 * Business & Practice
 * Daily Labor Report®
 * Daily Tax Report ®
 * Environmental, Social & Governance (ESG)


SEC SETTLES LATEST INSIDER TRADING CASE OVER COVINGTON DEAL INFO

A New Jersey man accused of using information stolen from Covington & Burling
for insider trading has agreed to pay nearly $33,000 to settle a Securities and
Exchange Commission suit.


ASTELLAS’ MYRBETRIQ ER PATENT REVIVED AS FED. CIR. CHIDES JUDGE

The Federal Circuit vacated a decision axing an Astellas Pharma Inc. drug patent
based on an argument not presented at trial and chastised the federal judge in
Delaware who issued it.


EVERSHEDS RECRUITS ERIK SMITH AS INTELLECTUAL PROPERTY PARTNER

Erik Smith joined Eversheds Sutherland as a partner in its intellectual property
practice, the firm announced Wednesday.


FAEGRE DRINKER ADDS ELI BURRISS AS COMMERCIAL LITIGATION PARTNER

Eli Burriss joined Faegre Drinker as partner in its litigation group in Dallas,
the firm announced Wednesday.


COOLEY ADDS THREE PARTNERS TO COMMUNICATIONS REGULATORY PRACTICE

Tony Lin, Ronald Del Sesto, and Tamar Finn joined Cooley as partners in its
global communications regulatory practice in Washington, the firm announced
Wednesday.


GREENSPOON MARDER ADDS PHILIPPE ZIMMERMAN TO LITIGATION PRACTICE

Philippe Zimmerman joined Greenspoon Marder as a partner in its litigation
practice group in its New York and New Jersey offices, the firm announced
Wednesday.


NYU CAN AVOID JURY TRIAL IN LONGRUNNING RETIREMENT PLAN LAWSUIT

New York University on Wednesday scored a court order establishing that a
longrunning class action over the school’s retirement plans won’t be tried by a
jury.


BLACK PENN PHARMACIST PUNISHED FOR FALLING ASLEEP LOSES BIAS ROW

The University of Pennsylvania defeated a lawsuit alleging it held a Black
pharmacist who fell asleep during an overnight hospital shift to a higher
standard and disciplined him because of his race.


STARBUCKS CHALLENGES LABOR BOARD’S REMEDIAL POWER AT THIRD CIR.

Starbucks Corp. told a federal appeals court that the National Labor Relations
Board lacks the power to order employers to pay for the downstream economic
consequences of their unfair labor practices.


FIRED PNC EMPLOYEE ADVANCES AGE, DISABILITY DISCRIMINATION SUIT

A long-time PNC Bank NA employee can pursue claims that she was discriminated
against and terminated because she was in her 60s and had sought accommodation
for her bipolar disorder and ADD.


BOEING FURLOUGHS SALARIED STAFF TO PRESERVE CASH AMID STRIKE (1)

Boeing Co. is requiring many salaried workers to take unpaid leave to preserve
cash as the planemaker digs in for contentious contract talks with its largest
union.


DUPONT FAMILY DOMESTIC STAFF LOSES APPEAL OVER PENSION SHORTFALL

A trust intended to provide retirement benefits for the duPont family’s domestic
staff isn’t a pension plan governed by federal law, according to a Third Circuit
decision blocking a worker from using ERISA to challenge a multi-million dollar
funding shortfall.


IRS NOTICE: WEIGHTED AVERAGE INTEREST RATES, YIELD CURVES, SEGMENT RATES UPDATES
(IRC §417)

Updates on the corporate bond monthly yield curve, the corresponding spot
segment rates used under I.R.C. §417(e)(3), the 24-month average segment rates
under §430(h)(2), the interest rate on 30-year Treasury ...


TAX BREAKS SET TO EXPIRE AS US NAVIGATES ELECTIONS: BGOV WEBINAR

Tax policy is shaping up to be one of the biggest issues facing lawmakers next
year, and uncertainty around the November elections mean the fate of favored tax
breaks is up in the air.


HOUSE GOP VOWS TO OPPOSE GLOBAL TAX, PROFITS RULES AT OECD

House Republicans are voicing support for a US business group’s legal challenge
of an EU directive requiring all bloc member states to apply global minimum tax
rules and vowing retaliatory action if countries employ the levy on US
companies.


IRS APPEALS OFFICE OFFERS CONSERVATION EASEMENT SETTLEMENTS, TOO

The IRS’s Independent Office of Appeals will be offering the same kinds of
settlement terms on syndicated conservation easements to taxpayers whose cases
are before the appeals office as it does to those who are currently going
through the exam process, an agency official said Wednesday.


LATVIA WORKING ON WINDFALL TAX ON BANKS, FINANCE MINISTRY SAYS

Latvia is considering options for imposing a temporary windfall tax on banks
amid heightened national security funding needs.


MADOFF VICTIMS LAUNCH NEW BID TO RECOUP LOSSES FROM INSURANCE

Victims of the Bernie Madoff ponzi scheme will try again after the US Tax Court
blocked their efforts to deduct some losses incurred by the crime.


SEC SETTLES LATEST INSIDER TRADING CASE OVER COVINGTON DEAL INFO

A New Jersey man accused of using information stolen from Covington & Burling
for insider trading has agreed to pay nearly $33,000 to settle a Securities and
Exchange Commission suit.


MATT LEVINE’S MONEY STUFF: THERE’S A ROBOT WARREN BUFFETT ETF




COOLEY ADDS THREE PARTNERS TO COMMUNICATIONS REGULATORY PRACTICE

Tony Lin, Ronald Del Sesto, and Tamar Finn joined Cooley as partners in its
global communications regulatory practice in Washington, the firm announced
Wednesday.


COCOA TRADERS SAY EU DEFORESTATION LAW SET TO FAIL, SEEK DELAY

Major cocoa traders, amid mounting criticism, have asked the European Union to
delay a new environmental regulation aimed at tackling deforestation.


ACCOUNTING BODY BACKS HIGHLIGHTING ESG IN MANAGEMENT COMMENTARY

Global accounting rulemakers Wednesday voted in favor of requiring companies to
feature sustainability issues more prominently in the management commentary
section of their annual reports.


BOEING FURLOUGHS SALARIED STAFF TO PRESERVE CASH AMID STRIKE (1)

Boeing Co. is requiring many salaried workers to take unpaid leave to preserve
cash as the planemaker digs in for contentious contract talks with its largest
union.


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