Bloomberg Law News
WEBEXPLORE BLOOMBERG LAW. Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: Stay ahead of legal developments and gain critical insights with news from Bloomberg Law.
Michael Cohen Could Practice Law Again, But It Won’t Be Easy
WEBMar 1, 2019 · Scooter Libby, other famous attorneys who committed crimes have been reinstated. Former Trump lawyer Michael Cohen may one day be able to practice law again after New York State disbarred him this week, but his return to practice would be far from a sure thing. Other high-profile attorneys ensnared in political scandals and convicted of …
Demystifying the Litigation Funding Process - Bloomberg Law News
WEBJun 16, 2021 · Commercial Litigation Finance 101: The Basics. Plaintiff-side funding in commercial disputes is typically a non-recourse investment. That means the funder recoups only if the claimant recovers, as opposed to a loan that must be repaid regardless of the outcome. Understanding the funder’s role is also key. A funder should be a passive …
Big Law Rates Topping $2,000 Leave Value ‘In Eye of Beholder’
WEBJun 9, 2022 · Programming note: Big Law Business will be off next week. Some of the nation’s top law firms are charging more than $2,000 an hour, setting a new pinnacle after a two-year burst in demand. Partners at Hogan Lovells and Latham & Watkins have crossed the threshold, ...
Business & Practice - Bloomberg Law News
WEBVenture Logistics Hit With Suit Over Breach of Workers’ Data. Venture Logistics failed to protect the personal information of more than 9,000 current and former employees that was exposed in a May 2023 data breach, a proposed federal class action said. Binance-Linked Token’s Record Cements Zhao as Richest US Inmate. The BNB token, a ...
Musk Pay Package Voided, Threatening World’s Biggest Fortune (4)
WEBJan 31, 2024 · Musk Pay Package Voided, Threatening World’s Biggest Fortune (4) Jef Feeley. Bloomberg News. Elon Musk ’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question.
Covid-19 Vaccine Injury Program Hit With Federal Lawsuit
WEBOct 12, 2023 · Covid-19 Vaccine Injury Program Hit With Federal Lawsuit. Ian Lopez. Senior Reporter. COURT: W.D. La. TRACK DOCKET: No. 3:23-cv-01425. Individuals who say they were injured by Covid-19 vaccines are suing the Biden administration over a payout process that shields drug companies from lawsuits, saying it’s unconstitutional …
Best Practices for Avoiding Conflict of Interest - Bloomberg Law …
WEBApr 11, 2023 · Discovery of a conflict of interest is not disqualifying—it may only require disclosure to remedy. Disclosures should be made as soon as the attorney becomes aware of the potential conflict. The language used in a disclosure should be clear and understandable, and the client should be given the opportunity to ask questions and …
Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million
WEBMar 25, 2024 · Donald Trump vowed to post a $175 million bond in New York’s civil fraud lawsuit after an appeals court slashed it by more than two thirds and handed him a crucial financial lifeline as state authorities were preparing to start seizing his assets.. The decision Monday was delivered as Trump faced a deadline to either pay the full $454 million …
Biden’s DOL Bets on Two-Step Overtime Plan to Survive Lawsuits
WEBApr 29, 2024 · The Biden administration’s newly released rule will first increase the salary threshold for overtime eligibility to $43,888 on July 1, up from its current $35,568. That number is scheduled to jump to $58,656 on Jan. 1, meaning workers making less than that amount are automatically owed time-and-a-half wages.