LexisNexis® Legal Newsroom
SEC Whistleblowers Finally Ripe For High Court Review

The Second Circuit on Thursday laid the groundwork for the U.S. Supreme Court to resolve a simmering debate about who is entitled to additional protections under the Dodd-Frank Act’s controversial whistleblower provisions, now that a distinct split ...read more

DC Circ. Denies States' Bid To Block Clean Power Plan

The D.C. Circuit on Wednesday refused to grant a request from a group of petitioners, which includes 12 states, for an emergency stay of the U.S. Environmental Protection Agency’s Clean Power Plan, holding it didn’t satisfy stringent standards ...read more

Ex-Va. Gov. Loses Bid To Stay Free During High Court Appeal

The Fourth Circuit on Thursday denied former Virginia Gov. Bob McDonnell’s bid to remain free while he appeals his bribery convictions, sending the governor to the Supreme Court later in the day to request an emergency order, according to his lawyer ...read more

Feds Give Shell Final OK To Drill For Arctic Oil

U.S. offshore drilling regulators on Monday gave the final go-ahead to Royal Dutch Shell PLC to drill in Arctic waters after a piece of required emergency equipment made its way back to the Chukchi Sea aboard an icebreaking ship that had to undergo repairs ...read more

BREAKING: 15 State AGs Seek Emergency Stay Of EPA Clean Power Plan

A group of 15 state attorneys general took aim at the U.S. Environmental Protection Agency's Clean Power Plan on Thursday, urging the D.C. Circuit to issue an emergency stay of the controversial proposal's deadlines while its legality is reviewed ...read more

SEC Pay Ratio Rule Appears Bound For Courtroom Showdown

While the U.S. Securities and Exchange Commission ended one five-year battle on Wednesday when it passed its controversial new pay ratio rule, experts anticipate a new front will emerge soon in federal appeals court as aggrieved business groups look for ...read more

Supreme Court Ends Term Sharply Divided

As the U.S. Supreme Court winds up a historic term with landmark rulings on same-sex marriage, health care, housing regulations and power plant emissions that will forever shape the legacy of the Roberts Court, the nine justices emerge starkly divided ...read more

Yellen Says Fed’s 2008 AIG Actions Were Legal

Federal Reserve Chair Janet Yellen on Wednesday rejected a Court of Federal Claims ruling that the central bank operated outside of its legal authority when it demanded harsh terms from American International Group Inc. for an $85 billion emergency loan ...read more

DC Circ. Strikes Down EPA's 100-Hour Backup Generator Pass

The D.C. Circuit on Friday shot down part of a U.S. Environmental Protection Agency rule that allows backup generators to operate without emissions controls for up to 100 hours per year as part of an emergency power demand-response program. ...read more

GM Judge Says Bankruptcy Shield Blocks Most Defect Suits

The New York federal judge who allowed General Motors Co. to emerge from bankruptcy in 2009 and leave behind liabilities from “Old GM” ruled on Wednesday that those protections blocked most car owners seeking to sue the new company for billions ...read more

BREAKING: Judge Denies Obama's Bid To Lift Hold On Immigration Plan

A Texas federal judge has denied the Obama administration's emergency motion to stay the ruling that blocked the president's executive action on immigration. ...read more

LightSquared Eliminates Competing Ch. 11 Exit Plan

LightSquared Inc. has struck agreements for creditors Solus Alternative Asset Management LP and Cerberus Capital Management LP to withdraw a debt restructuring proposal on Thursday and remove virtually all remaining opposition to the wireless venture’s ...read more

Is MegaLaw Just Big Enough To Fail?

Globalization and the lure of lucrative cross-border transaction work are driving the emergence of a new class of international megafirms, but experts say the advantages of size may be offset by ballooning overhead costs and the inevitability of client ...read more

Fugitive Facebook Scammer Set Up Elaborate Ruse, Feds Say

New details emerged late Wednesday regarding the mysterious disappearance of Paul Ceglia, an upstate New York man accused of fraudulently suing Facebook Inc., with a prosecutor claiming the defendant had removed a court-ordered GPS bracelet and attached ...read more

DOJ Seeks Emergency Stay Of Block On Immigration Policies

The federal government on Monday asked a Texas district court for an emergency stay on its decision to temporarily block new immigration policies created by the president’s executive actions and officially kicked off its appeal of the order to the ...read more

Trump Creditors Strike Deal To Support Icahn-Backed Plan

Trump Entertainment Resorts Inc. cleared a major hurdle toward emerging from bankruptcy Thursday when the casino operator’s unsecured creditors announced a settlement with top lender and Chapter 11 sponsor Carl Icahn to more than triple their recoveries ...read more

Christie Pushes State Takeover To Fix Atlantic City

New Jersey Gov. Chris Christie on Thursday installed an emergency manager to rescue Atlantic City’s finances from a brutal downturn in gaming tax revenues, tapping a turnaround team featuring the man who oversaw Detroit’s restructuring, former ...read more

Couples Urge Supreme Court To Nix Idaho Gay Marriage Stay

Same-sex couples on Thursday urged the U.S. Supreme Court to nix the emergency stay preventing Idaho from issuing marriage licenses and recognizing same-sex nuptials from out of state, arguing that since the high court's Windsor decision, all circuit ...read more

5 Favorites To Succeed Attorney General Eric Holder

An ambitious Manhattan prosecutor. An influential U.S. Supreme Court solicitor. A polished Latham & Watkins LLP partner with the president's ear. The race to succeed Attorney General Eric Holder began to take shape Thursday with five rumored candidates ...read more

Aereo Can't Get Quick Ruling On Compulsory License

A New York federal judge on Friday shot down an emergency motion from Aereo Inc. for expedited consideration of its request to be deemed a cable company in order to keep operating, saying the disruptive startup had "jumped the gun." ...read more

Bankrupt Brookstone Gets Nod For Ch. 11 Plan, $174M Sale

Specialty retailer Brookstone Holdings Corp. won approval Monday in Delaware bankruptcy court for its reorganization plan that will see it emerge from Chapter 11 owned by a pair of Chinese companies who partnered and prevailed at auction with an offer ...read more

Target Not Required To Carry AEDs, Calif. High Court Rules

The California Supreme Court ruled Monday that Target Corp. and other big-box stores operating in the state are not required to carry automated external defibrillators, saying lawmakers and not the courts should decide whether retailers should have medical ...read more

Madoff Aides' Trial Halted Due To Juror's Medical Issue

A New York federal judge on Tuesday abruptly adjourned the trial of five former Bernard Madoff associates so that a juror could receive emergency medical attention for an apparent respiratory issue. ...read more

Alcatel-Lucent Unit Reaches $4M Deal To Quash FCA Suit

An Alcatel-Lucent SA unit has agreed to pony up $4.2 million to settle an ex-contract manager's False Claims Act allegations that it submitted inaccurate testing certifications to the U.S. Army for Iraq’s emergency communications system, according ...read more