Skadden served as deal counsel for an investment giant that’s also funding claims against a firm client. Such tensions may grow even more common as multistrategy investors look for new opportunities.
'National Law News' Category Archives
BREAKING: Drug Manufacturers Win First Zantac Verdict in the Nation
An Illinois jury sided with pharmaceutical manufacturers GlaxoSmithKline and Boehringer Ingelheim in the first verdict in the Zantac litigation.
Southeast Law Firms Positioned for Revenue Growth, but Rising Expenses Drag Down Profits
Expenses in the Southeast region rose faster than the industry in the first quarter but so did demand growth, according to Citi.
Administrators Express Hope That Admission Changes Will Fill Need for Delaware Attorneys
Those involved with the bar admissions process say more time is needed to say for sure whether the changes will lead to more attorneys practicing in Delaware, but that early signs have been promising.
Red Lobster Bankruptcy Will Test New Jersey's Stricter WARN Act
Under the federal version of WARN, an employer must give workers a written notice 60 days before a mass layoff or plant closing. New Jersey’s version of WARN, which was updated in 2023, now requires 90 days of notice of a plant closing or mass layoff.