New York State will impose $75 billion in fines on fossil fuel companies over the next 25 years to fund climate damage mitigation. Governor Kathy Hochul signed the landmark bill into law on Thursday, marking a significant step in holding oil, gas, and coal companies accountable for their role in climate change. Law Targets Polluters…
In 2024, major U.S. law firms rapidly reduced their presence in Greater China, signaling an uncertain future for foreign legal practices in the world’s second-largest economy. At least 11 prominent firms, including Skadden, Arps, Slate, Meagher & Flom and Paul, Weiss, Rifkind, Wharton & Garrison, either closed or announced plans to shutter offices in Shanghai,…
A federal judge recently acknowledged violating judicial ethics rules by delivering presentations to a politically affiliated club. To address the issue, the judge removed his presentations from the club’s YouTube channel and pledged not to speak at future meetings of the organization. Chief U.S. Circuit Judge Jerome Holmes of the Denver-based 10th U.S. Circuit Court…
Taiwan’s Fair Trade Commission (FTC) has blocked Uber Technologies’ $950 million acquisition of Delivery Hero’s Foodpanda operations on the island, citing anti-competitive concerns. The FTC announced the decision on Wednesday, highlighting that the merger would negatively impact market competition. Concerns Over Market Dominance The FTC explained that UberEats currently faces significant competition from Foodpanda in…
When Republican President-elect Donald Trump assumes office for the second time next year, he will face a wave of lawsuits targeting the Biden administration’s healthcare policies. These cases present Trump with immediate opportunities to shift policy direction before introducing new rules or legislation. Below, we examine the most significant cases to watch. Abortion Cases Take…
In a 13-2 ruling on Monday, the 3rd U.S. Circuit Court of Appeals reaffirmed its decision that Bryan Range, a Pennsylvania man convicted of food stamp fraud, cannot be barred from owning firearms under federal law. The decision comes after the U.S. Supreme Court directed the appellate court to reconsider its prior ruling in light…
The U.S. federal judiciary’s leadership voiced strong criticism on Tuesday after President Joe Biden vetoed the JUDGES Act, a bill aimed at adding 66 new judges to alleviate the growing burdens on federal courts. Judge Robert Conrad, director of the Administrative Office of the U.S. Courts, described the veto as a “regrettable” move that undermines…
Luigi Mangione, accused of fatally shooting health insurance executive Brian Thompson on a Manhattan street, pleaded not guilty on Monday to murder charges in New York state court. The 26-year-old now faces an 11-count indictment that includes charges of murder as an act of terrorism and weapons offenses. If convicted, Mangione could spend the rest…