So far this year, government bond issues in New Jersey have increased in number but decreased in value when compared with the first half of 2014. Bond counsel rankings, meanwhile, have experienced some shake-up. According to data provided by Thomson Reuters, there were 180 bonds issued with a Continue Reading
$30M Hacking Case Signals NJ Prosecutors’ Cybercrime Push
Former New Jersey federal prosecutors said the recent indictments in the largest known computer hacking and securities fraud scheme are a testament to the way New Jersey U.S. Attorney Paul Fishman has made cybercrime a top priority by partnering both with fellow law enforcement agencies and the Continue Reading
Insurers Must Shell Out $27M for Uranium Mine Cleanup
A New Mexico state judge on Tuesday ordered certain underwriters at Lloyd’s of London and other London Market insurers to pay more than $27 million in a dispute over coverage for former uranium mining company United Nuclear Corp.'s costs associated with the environmental cleanup of a mine Continue Reading
McCarter Pro Bono Team Gives Sex Traffic Victim A Fresh Start
Lawyers working pro bono from McCarter & English LLP and Volunteer Lawyers for Justice helped a woman forced into prostitution get her New Jersey criminal record wiped clean, a success they hope will inspire other sex trafficking victims to fight to clear their criminal records and avoid Continue Reading
Powerwave Trustees Strike $5.5M Settlement with Ex-Brass
The Chapter 7 trustee for defunct wireless company Powerwave Technologies Inc. on Thursday asked a Delaware federal bankruptcy judge to approve a $5.5 million settlement with a group of adversary defendants, including former company executives, ending a $13 million clawback suit and other Continue Reading
Attorneys React to DOL Misclassification Guidance
On Wednesday, the U.S. Department of Labor issued guidance on how to determine whether a worker is an independent contractor or an employee under the Fair Labor Standards Act. The misclassification guidance says most workers qualify as “employees” under the FLSA's expansive definitions. Here, Continue Reading
NJ High Court Won’t Hear Asbestos Insurance Row
The New Jersey Supreme Court has declined to review an appeals ruling in favor of an industrial pump manufacturer that successfully sued its excess insurers for coverage of underlying asbestos claims under a $1.85 billion program, defeating the insurers' quest to be released from paying the Continue Reading
Study: Wilmington Among Nation’s Best Cities to Be a Lawyer
Wilmington was ranked as one of the best cities for attorneys in a study by the consumer-data research firm ValuePenguin. Here, Wilmington-based attorneys explain why the city deserves its high ranking. "Most Fortune 500 companies are incorporated in Delaware so you get a lot of litigation Continue Reading
The Biggest NJ Court Decisions of 2015: Midyear Report
The U.S. Supreme Court has already left its mark on 2015, but the New Jersey Supreme Court has issued several heavyweight opinions of its own, from allowing Gov. Chris Christie to cut more than $1 billion in pension funding to cementing potential new hurdles for discrimination and whistleblower Continue Reading
Attorney: Supreme Court’s Spider-Man Ruling Could Help Biotech, Tech Deals
In a Supreme Court ruling that came out earlier today, Justice Elena Kagan wrote somewhat tongue-in-cheek that “patents endow their holders with certain superpowers, but only for a limited time.” However, a local patent attorney says that time can be extended a little using certain provisions Continue Reading