LexisNexis® Legal Newsroom
    Microsoft, Gov't Tee Up For Hearing Over User Data Requests

    A Washington federal judge on Thursday told Microsoft and the U.S. government to be prepared to defend their positions on whether companies can assert Fourth Amendment claims on behalf of their customers, in a dispute over gag orders preventing service...

    Microsoft, Gov't Tee Up For Hearing Over User Data Requests

    A Washington federal judge on Thursday told Microsoft and the U.S. government to be prepared to defend their positions on whether companies can assert Fourth Amendment claims on behalf of their customers, in a dispute over gag orders preventing service...

    AbbVie Fires Back At Investors' Suit Over Failed Merger

    Pharmaceutical giant AbbVie Inc. told an Illinois federal judge Wednesday that a new proposed class action in county court accusing the company of common law fraud does not allege anything the U.S. District Court has not already rejected. ...read more

    GoPro Wants Securities Suit Tossed As Fraud By Hindsight

    Camera maker GoPro Inc. urged a California federal judge on Thursday to dismiss a putative class action alleging the company made false and misleading statements regarding its new Hero products that led its stock to tank, saying the suit is precisely...

    Foreign Car Dealers Not Protected From Arbitration: Judge

    A Michigan federal judge ruled on Thursday that a Kuwaiti auto dealer must arbitrate its breach of contract claims against Ford Motor Co., rejecting its contention that a federal law that protects “any” dealership from a powerful automaker’s...

    IMX Lenders Oppose Equity Holders' Standing Request

    Secured creditors of Implant Sciences Inc., a subsidiary of IMX Acquisition Corp., objected Wednesday in Delaware to the company’s equity holders’ request to bring litigation against the lenders in New York state court, saying the litigation...

    IP Firm Niro Law To Dissolve After Founder's Death

    Niro Law Ltd., the Chicago-based IP boutique founded by noted patent litigator Raymond Niro, is in the process of dissolving, while a small group of partners prepare to launch a new firm and break away from the model of representing nonpracticing entities...

    Bennu Bankruptcy Cases Belong Together In Del., Court Told

    The Chapter 11 trustee in the case of oil rig owner Bennu Titan LLC told a Delaware bankruptcy judge Thursday that the liquidation cases of Bennu Titan's parent company should be transferred to the First State from Texas in the interest of justice...

    Bear Fund Liquidators Again Target S&P, Others Over RMBS

    Liquidators for two Bear Stearns & Co. Inc. feeder funds on Thursday asked a New York state appeals court to revive their fraud suit accusing the big three credit rating agencies of lying about the creditworthiness of debt obligations backed by subprime...

    Bear Fund Liquidators Again Target S&P, Others Over RMBS

    Liquidators for two Bear Stearns & Co. Inc. feeder funds on Thursday asked a New York state appeals court to revive their fraud suit accusing the big three credit rating agencies of lying about the creditworthiness of debt obligations backed by subprime...

    Bear Fund Liquidators Again Target S&P, Others Over RMBS

    Liquidators for two Bear Stearns & Co. Inc. feeder funds on Thursday asked a New York state appeals court to revive their fraud suit accusing the big three credit rating agencies of lying about the creditworthiness of debt obligations backed by subprime...

    IRS Finalizes Fracking Service Income Tax Treatment Rules

    The Internal Revenue Service issued final regulations Thursday leaving largely intact its proposed rules on qualifying income from service providers to the oil and gas industry for master limited partnership treatment, which explicitly granted fracking...

    IRS Finalizes Fracking Service Income Tax Treatment Rules

    The Internal Revenue Service issued final regulations Thursday leaving largely intact its proposed rules on qualifying income from service providers to the oil and gas industry for master limited partnership treatment, which explicitly granted fracking...

    IRS Finalizes Fracking Service Income Tax Treatment Rules

    The Internal Revenue Service issued final regulations Thursday leaving largely intact its proposed rules on qualifying income from service providers to the oil and gas industry for master limited partnership treatment, which explicitly granted fracking...

    EU Agency Gives Conditional OK To Bomb Screeners' Merger

    U.K. bomb-detector maker Smiths Group won conditional approval from the European Commission Thursday to acquire French company Morpho Detection in a deal valued at more than $700 million, the agency said. ...read more

    EU Agency Gives Conditional OK To Bomb Screeners' Merger

    U.K. bomb-detector maker Smiths Group won conditional approval from the European Commission Thursday to acquire French company Morpho Detection in a deal valued at more than $700 million, the agency said. ...read more

    Uber Reaches $20M Deal With FTC Over Driver Pay Claims

    Uber Technologies Inc. agreed Thursday to pay $20 million in a deal with the Federal Trade Commission over claims it made to prospective drivers about how much they could earn in a year and financing deals they could score on a new vehicle. ...read more

    Verizon Unit Urges NJ Panel To Restore $271M Tax Deduction

    Counsel for MCI Communication Services Inc. urged a New Jersey state appellate panel Thursday to restore a roughly $271 million tax deduction, saying a lower court erred in requiring the business to pay tax on cancellation of debt income belonging to...

    Calif. Tribes Press To Block Feds' Control Of Water Project

    Two California tribes again urged a federal judge Wednesday to halt the U.S. Bureau of Reclamation's operation of an irrigation project, saying that allowing the agency to maintain control could cause irreparable harm to salmon that are vital to the...

    Fla. Insurance Regulator Says State Farm Data Isn't Protected

    Florida's insurance regulator asked a state appeals court Thursday to reverse a decision declaring data from State Farm's residential insurance policies trade secrets exempt from public disclosure, arguing that the numbers had never been considered...

    DC Circ. Tosses, Remands Standing Rock's Injunction Appeal

    The D.C. Circuit on Wednesday tossed the Standing Rock Sioux Tribe’s challenge of a decision rejecting its bid to block construction on the controversial $3.8 billion Dakota Access pipeline, finding the appeal moot, but telling a lower court to consider...

    DC Circ. Tosses, Remands Standing Rock's Injunction Appeal

    The D.C. Circuit on Wednesday tossed the Standing Rock Sioux Tribe’s challenge of a decision rejecting its bid to block construction on the controversial $3.8 billion Dakota Access pipeline, finding the appeal moot, but telling a lower court to consider...

    Walgreens to Pay $50M To Settle Feds' Kickback Claims

    Walgreen Co. will pay $50 million to settle allegations that it gave kickbacks to government health care beneficiaries who it enrolled in its Prescription Savings Club discount and incentives program, the U.S. Department of Justice said Thursday.. .....

    Walgreens to Pay $50M To Settle Feds' Kickback Claims

    Walgreen Co. will pay $50 million to settle allegations that it gave kickbacks to government health care beneficiaries who it enrolled in its Prescription Savings Club discount and incentives program, the U.S. Department of Justice said Thursday.. .....

    Government Contracts Under The Trump Administration

    President-elect Donald Trump will usher in a new era for government contractors, much like Presidents Barack Obama, George W. Bush and Bill Clinton before him. Joseph Berger of Thompson Hine LLP discusses 10 areas to watch. ...read more