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 …
Pfizer Settles Lipitor Antitrust Lawsuit With $93 Million Payout
WEBFeb 15, 2024 · Pfizer Inc. has agreed to pay $93 million to settle an antitrust lawsuit accusing the pharmaceutical giant of conspiring to delay sales of generic versions of the blockbuster cholesterol drug Lipitor. The class settlement, announced in a motion filed Wednesday, is the culmination of more than a decade of multidistrict litigation brought by …
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.
Eye Drops Will Be Regulated by FDA as Drug-Device Combinations
WEBMar 22, 2022 · Eye drops and other ophthalmic drugs long regulated by the FDA as drugs will soon be considered drug-device combination products, according to final guidance released Tuesday. The Food and Drug Administration said the change will apply to pending applications, approved ophthalmic products, and over-the-counter drugs. The guidance …
Demystifying the Litigation Funding Process - Bloomberg Law News
WEBJun 16, 2021 · Demystifying the Litigation Funding Process. Andrew A. Stulce. Longford Capital Management LP. Jonathan D. Parente. Alston & Bird. Third-party litigation funding is moving mainstream. Andrew Stulce, vice president at Longford Capital, and Jonathan Parente, a litigation partner at Alston & Bird, provide pointers on commercial litigation …
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.
Google, H&R Block Sued for Sharing Taxpayers’ Financial Data
WEBJul 17, 2023 · Alphabet Inc.'s Google and online tax preparation companies H&R Block Inc. and TaxAct Holdings Inc. are facing proposed class actions accusing them of violating taxpayers’ privacy by sharing their sensitive financial data, citing the findings of a recent congressional report.. Google and H&R Block were sued on Friday; TaxAct was sued …
Covid Vaccine Injury Suit May Fuel Federal Overhaul, Litigation
WEBNov 3, 2023 · Manufacturers may face litigation, attorneys say. A lawsuit by Covid-19 vaccine recipients claiming they were injured by their shots may usher in long-awaited changes to how the federal government handles immunization injuries. Individuals frustrated by the HHS program designed to compensate them for their injuries are taking their …
Business & Practice - Bloomberg Law News
WEBMore than 70% of the country is experiencing some degree of drought, and the main dams are filled to just 36% of capacity compared with 50% in February. The private credit boom has forced some of the biggest law firms to augment their banking and finance practices, one of the most profitable parts of their businesses.
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