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October 18, 2023 | New York Law Journal

U.S. Supreme Court To Decide Whether Shareholders Can Sue for Alleged Failures to Comply With Item 303's Disclosure Requirements

The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303's disclosure requirements. In 'Macquarie Infrastructure Corp. v. Moab Partners, L.P,' the court will decide whether private plaintiffs can import Item 303's broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court's resolution of this issue could have a significant effect on the scope of public companies' potential liability for alleged securities fraud.
13 minute read
October 17, 2023 | New Jersey Law Journal

Body Cam Prices Too High? New Class Actions Bring Antitrust Claims

Axon's average prices for a body-worn camera went to $489 in 2022 from $169 in 2017, according to court documents.
5 minute read
October 16, 2023 | The American Lawyer

Deal Watch: Something Is Amiss in Hong Kong

Anemic deal activity has law firms adjusting their staff levels and strategy in the region.
7 minute read
October 16, 2023 | Texas Lawyer

Clifford Chance Adds Kirkland Partner, Simpson Thacher Counsel, Continuing Houston Energy Team Buildout

Arriving from Kirkland, Cephas Sekhar is the 11th partner to join in Houston since the office opened in June.
4 minute read
October 15, 2023 | Law.com

European Commission Orders Illumina to Sell Cancer-Test Developer Grail

Illumina has filed an appeal at the Court of Justice, the EU's top court, over the decision that gave the EU authority to review the merger. Illumina is being advised by Cleary Gottlieb Steen & Hamilton; Grail by Latham & Watkins.
5 minute read
October 13, 2023 | Texas Lawyer

4 Days, 3 Deals and a Wedding: How This Austin Kirkland Partner Navigated a Particularly Hectic Weekend

Kirkland & Ellis M&A and private equity partner John Kaercher of Austin was a lead lawyer on three deals that reached the finishing line over a single weekend, including a take-private transaction of a company in Norway.
4 minute read
October 12, 2023 | Law.com

Law Firm Leaders are Leaving Roles at an Increased Pace

The past year or so has provided a high number of changes amid top management across the world's largest law firms. Not all of these leaders are stepping down at the conclusion of their term and the days of seeking multiple terms seem to be slowing.
6 minute read
October 08, 2023 | Law.com

What the Quinn Emanuel, CMS and Nishimura Office Openings Signal

Law firms' international expansion efforts are sometimes part of a bigger strategy that reveals how they are positioning themselves, writes the Global Lawyer.
6 minute read
October 05, 2023 | National Law Journal

Big Law in DC Continues to Invest in Litigation Lateral Partners

Hogan Lovells has added a pair of life sciences patent litigators from Dechert, while Robinson & Cole has hired a veteran litigator from Skadden.
3 minute read
October 04, 2023 | Legaltech News

3 Firms Become Latest to Formalize AI and Tech Offerings, Naming Leaders

Eversheds Sutherland, Bird & Bird and Baker Botts join a raft of firms that have introduced more structured approaches to non-traditional sectors that have grown exponentially over the course of 2023.
2 minute read

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