Leading U.S. and international law firms are advising on fewer but larger corporate deals compared to last year, continuing the trend in worldwide mergers and acquisitions (M&A) activity. Global M&A deal values during the first nine months of 2024 reached $2.3 trillion, marking a 16% rise from the same period last year. The London Stock…
Chrysler parent company Stellantis filed a federal lawsuit against the United Auto Workers (UAW), accusing the union of violating its contract by threatening to strike over delays in planned investments. Stellantis submitted the suit to the U.S. District Court in the Central District of California, seeking a ruling that UAW Local 230’s strike authorization vote…
Federal authorities have charged a 65-year-old Illinois man, Eric James Rennert, with making violent threats against a federal judge in Florida, according to an indictment revealed on Thursday. Rennert faces five federal charges for allegedly making interstate threats and threatening to assault, kidnap, and murder a federal judge. Prosecutors also accuse him of threatening to…
Judge Jennifer Walker Elrod of the 5th U.S. Circuit Court of Appeals, who has delivered major rulings against abortion rights, gun control, and Obamacare, took over as the new chief judge of the New Orleans-based court on Friday. Elrod, appointed by then-President George W. Bush, replaced Circuit Judge Priscilla Richman, a fellow Bush-era appointee who…
The U.S. Supreme Court will begin its new nine-month term on Monday, tackling cases on critical issues such as gun rights, gender-affirming medical care for transgender minors, online pornography, federal regulatory authority over nuclear waste storage and vape products, and securities fraud involving Nvidia and Facebook. Here’s a preview of some of the cases the…
Texas sued TikTok on Thursday, accusing the social media platform of violating children’s privacy and state law by sharing their personal identifying information without parental consent. Texas Attorney General Ken Paxton filed the lawsuit in Galveston County, seeking an injunction and civil penalties of up to $10,000 for each violation of the state’s Securing Children…
Becton Dickinson (BDX.N) has agreed to settle nearly all U.S. lawsuits from individuals claiming injuries caused by its hernia repair mesh, covering around 38,000 cases. This unusual settlement, jointly overseen by state and federal courts, promises to conclude litigation that has spanned almost two decades. The company, in an announcement on Wednesday, did not disclose…
On Wednesday, a lawyer representing a Missouri mother urged jurors to hold Abbott, Reckitt’s Mead Johnson unit, and St. Louis Children’s Hospital accountable for the severe intestinal illness her prematurely born son developed after being fed the companies’ formulas. Tim Cronin, the attorney for Elizabeth Whitfield and her son Kaine, told jurors in a St.…
Visa faces a new lawsuit from U.S. merchants over its payments network, intensifying the legal challenges for the payment card giant. Last week, the U.S. Justice Department filed a major antitrust lawsuit against the company. On Tuesday, All Wrapped Up Signs and Graphix, an advertising and marketing company, filed a proposed class action in federal…