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Legal Industry News
Arab/Muslim-American Files Discrimination Case Against Wal-Mart
January 05, 2009
Louay Kezy, a 43-year-old Arab- and Muslim-American man, has filed a $12 million lawsuit against Wal-Mart, claiming that the employees in his local Wal-Mart discriminated against him and fired him because of his background. More...
Judge Cuts Lawyers’ Share of GM Shareholder Settlement
January 05, 2009
The U.S. District Judge Gerald Rosen for the Eastern District of Michigan has cut legal fees in the $303 million settlement between General Motors Corp. and investors. More...
Sonnenschein to Hire 100 Thacher Proffitt & Wood Attorneys
January 05, 2009
The New York City office of Sonnenschein Nath & Rosenthal has announced its plans to hire 100 lawyers (and a bunch of support staff) from dying Thacher Proffitt & Wood, including 40 partners and intact practice groups. Sonnenschein says the move doubles the size of its New York office, substantially adding to its corporate and finance capabilities. More...
Judge Approves $115M Settlement in Shareholder Suit Against AIG
December 31, 2008
A Delaware judge has approved a $115 million settlement in a lawsuit brought by shareholders against former executives of insurance giant American International Groups, Inc. The settlement was reached in September, merely days before a trial was to begin in the case. More...
Dreier Firm Files for Bankruptcy
December 31, 2008
It should come as no surprise that Dreier LLP has filed for Chapter 11 protection in a Manhattan bankruptcy court. In the petition, the firm claims to have liabilities of between $10 million and $50 million, including a $441,000 bill due to Westlaw and $323,000 due to American Express. More...
Illinois Supreme Court Rejects Challenge to Blagojevich
December 31, 2008
The Illinois Supreme Court has refused to hear a challenge brought by Illinois Attorney General Lisa Madigan that Ill. Gov. Rod Blagojevich is unfit to serve as governor due to the recent corruption scandal. More...
New Trial Ordered for In-House Attorney Whistleblower
December 30, 2008
The New Jersey Supreme Court has ordered a new trial for a former PaineWebber in-house attorney who claimed she was fired in retaliation for complaining to her supervisors about unethical conduct in the company’s legal department. More...
Academy Wins Right to Purchase Pickford Oscars for $10
December 30, 2008
A Los Angeles County Superior Court jury sided with the Academy of Motion Picture Arts & Sciences in the Academy’s efforts to prevent the heirs of silent film star Mary Pickford form auctioning off her Oscar awards. More...
Libel Claim re: Employment Screening Report Can Go Forward
December 30, 2008
The court in the Eastern District of Pennsylvania has refused to dismiss a libel suit against Rite Aid Corp. brought by a former employee who claims the company falsely accused him of theft in an employment screening database. More...
New Trial Ordered in Ford SUV Rollover/ Design Defect Case
December 17, 2008
A New Jersey appellate court has ordered a new trial in the case against Ford Motor Company, claiming that a design defect in the 2000 Explorer SUV caused it to roll over and crash, causing serious injuries to the driver. More...