Satellite operator Ligado Networks LLC requested temporary relief from making an upcoming $100 million payment to business partner Inmarsat Global Ltd., saying the telecom services provider breached an agreement.
Weil Gotshal & Manges’ Barry Wolf will hand over the reins to private equity partner Ramona Nee next year, the firm said Tuesday.
Kasowitz LLP secured court approval of its final $12 million fee application in Yellow Corp.’s bankruptcy after voluntary reductions.
Outside investors circling law firms may help some shoulder the growing costs of artificial intelligence, according to Mayer Brown’s Jon Van Gorp. Van Gorp spoke to Bloomberg Law reporter Roy Strom about AI’s “big question that everybody’s talking about.” He also discussed his firm’s focus on servicing energy markets, the turbulent times for private credit markets, and the impact of President Donald Trump’s war on the legal industry.
The data center boom is a conflict minefield for law firms that count major utilities among their top clients.
An upcoming US Supreme Court decision involving a “geofence warrant” to obtain digital records from a bank robbery could shape how crimes are investigated.
Danaher Corp.‘s board and top executives maintained false, overly rosy projections about demand for the health-focused conglomerate’s Covid-19 testing products and drug-development equipment despite the disease shifting course, an investor alleges.
The founder of a hotel management company didn’t have authority to remove from the board its top two corporate officers under the terms of the limited liability company agreement, Delaware’s Chancery Court ruled.
Black Lives Matter Global Network Foundation has agreed to dismiss its lawsuit against the Tides Foundation, retracting claims that the fund has “egregiously mismanaged” more than $33 million in funds marked for Black Lives Matter.
Trade associations representing the makers of everything from grapes to nuts challenged California’s labeling law intended to crack down on “greenwashing” for recyclability in federal court Tuesday, seeking to stave off its enforcement.
The question of whether Elon Musk defrauded Twitter Inc. investors went to an eight-person San Francisco jury Tuesday afternoon, who will decide if Musk can be held liable for a 2022 tweet that said his $44 billion agreement to buy the platform was “temporarily on hold,” causing the stock price to tumble.
Weil Gotshal & Manges’ Barry Wolf will hand over the reins to private equity partner Ramona Nee next year, the firm said Tuesday.
