“After nearly four years in bankruptcy, Sears Holdings and its one-time creditors said they have reached a settlement with its former CEO and majority owner Eddie Lampert and other investors. If approved by a federal bankruptcy judge, the settlement could resolve years-long litigation filed against,” reports Ben Unglesbee in Retail Drive.

“Lampert and other defendants over allegations of asset stripping and rank self-dealing in the years leading to Sears Holdings’ 2018 bankruptcy. The settlement would pay plaintiffs $175 million. Of that, $125.6 million would come from insurers, $41.9 million would come from the defendants and $7.5 million would come from shareholding.”

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“A long-running $2.7 billion antitrust settlement against Blue Cross Blue Shield has been finalized in federal court. U.S. District Court Judge R. David Proctor in Alabama handed up the order on Tuesday, with the settlement to go into effect in 30 days. Proctor also awarded legal fees of $626M,” reports Susan Morse in Health Care Finance News.

“They paid out of the settlement fund and cost and expenses of $40 million. The $626 million represents 23.47% of the settlement fund. On its website, BCBS said, “The settlement received final approval on August 9, 2022. Payments from the settlement will be made to Class Members who submitted valid claims only after any appeals if filed.”

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“What does it take to cultivate job satisfaction at a law firm? In a new report from BTI Consulting, associates pointed out exactly what they wanted from and valued in their work lives, and which firms were the best at committing to their overall happiness. According to BTI, Biglaw associates are looking,” reports Staci Zaretsky in Above The Law.

“After going evaluating 4,000 responses, BTI found that 147 Biglaw firms did the best job when it came to associate satisfaction. Sounds nice, right? It turns out that women aren’t nearly as satisfied at their Biglaw firms. When separated by gender, women associates ranked just 122 firms as the best for overall job satisfaction. In fact. ”

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“Armand Paliotta, a two-time alumnus of OU, will become the new vice president and general counsel starting on Oct. 1, pending approval from the OU Board of Regents. OU President Joseph Harroz announced the appointment on Tuesday in a press release. The position was previously held by Anil V,” reports Karoline Leonard in OU Daily.

“Who announced he would be leaving the university for another job opportunity this past May. During their May meeting, the Board of Regents approved a search committee, chaired by Vice President for Executive Affairs Sean Burrage, to replace Gollahalli before the start of the fall semester. Susanna Gattoni has been serving as the interim.”

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“Boies Schiller Flexner, Hausfeld and other law firms will split more than $667 million in attorneys’ fees and costs for work on long-running antitrust litigation involving Blue Cross Blue Shield Association, after an Alabama federal judge granted the request on Tuesday. U.S. District Judge R. David Proctor in,” reports Sara Merken in Reuters.

“Birmingham awarded lawyers the requested sum of about $627 million in attorneys’ fees and more than $40 million in costs and expenses. The combined payout came out to 25% of the $2.67 billion settlement fund, according to the order. Proctor gave final approval to the settlement in the nine-year-old litigation, which resolves allegations.”

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“The U.S. Justice Department has dismissed its own appeal challenging a $21 million settlement between the trustee overseeing the dissolution of defunct law firm Le Clair Ryan and alternative legal services company United Lex. The May 2022 settlement resolved claims by Le Clair Ryan bankruptcy trustee Lynn,” reports David Thomas in Reuters.

“Tavenner that a 2018 joint venture between United Lex and Le Clair Ryan hastened the law firm’s demise. The settlement included a $10.5 million payout to attorneys at Quinn Emanuel Urquhart & Sullivan representing Tavenner. The U.S. Trustee’s Office, which is part of the Justice Department, objected to Tavenner’s settlement.”

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“Folks sure are worried about the economy, given that we’re in a technical recession right now. But in the wonderful world of Biglaw, the money still seems to be flowing quite freely, and law firm leaders want their associates and counsel to know just how much their hard work is appreciated. You know,” reports Staci Zaretsky in Above The Law.

“Special bonuses were all the rage in 2020 thanks to Cooley and Davis Polk and 2021 thanks to Willkie and Davis Polk, and it seems that the latest round of special bonuses may be in the offing. Are you ready for more cold, hard cash We’ve received word that Littler a firm ranked at No. 71 in the most recent Am Law 100, after having brought.”

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“Savills has named James Repking its general counsel in North America, effective August 1. Repking, formerly associate general counsel, will succeed retiring General Counsel and Executive Vice President L. Stanton Towne. Repking will relocate to the company’s North American headquarters in New,” reports PR Newswire in their blog.

“With significant in-house and private practice experience, James has established himself as an invaluable member of our internal legal team said Mitchell E. Rudin, chairman and CEO, Savills. In a short time, James has demonstrated his ability to advance our strategic priorities and thoughtfully navigate complex issues. We are proud.”

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“Facebook, now known as Meta Platforms, agreed to pay $90 million to resolve claims alleging unlawful user tracking on non-Facebook websites. The settlement benefits people who were Facebook users between April 22, 2010, and Sept. 26, 2011, inclusive, and visited non-Facebook websites that,” reports Top Class Actions in their blog.

“The settlement benefits people who were Facebook users between April 22, 2010, and Sept. 26, 2011, inclusive, and visited non-Facebook websites that displayed the Facebook Like button. Facebook is a social media platform used by billions of people around the world. This class action lawsuit against Facebook alleges that it tracked user activity.”

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“A new nationwide Anti-Robocall Litigation Task Force has been created, looking to crack down on the calls that lead to an estimated $29.8 billion stolen through scam calls each year, according to the National Consumer Law Center and Electronic Privacy Information Center. The task force which is compose,” reports Jon Styf in The Center Square.

“All 50 state attorneys generals will work to go after bad actors in telecommunications and will work to cut down the number of robocalls that residents throughout the United States receive. Robocalls aren’t just an Illinois problem. They are a nationwide problem, said Illinois Attorney General Kwame Raoul. That is why I am proud to join.”

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“For those working in Biglaw, there was nothing “great” about the Great Recession. Thousands of associates were laid off, incoming associates had their employment deferred, and law students had their offers pulled. It ultimately took Biglaw years to recover, and it was far from a painless endeavor.” reports Staci Zaretsky in Above The Law.

“And let us not forget the recession caused by the 2020 coronavirus crisis, when Biglaw firms managed their expenses by using the cost-cutting measures of salary cuts, furloughs, staff layoffs, and stealth associate layoffs. That was no picnic either. But what will happen when the next recession arrives? Are these firms prepared to face what.”

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“PPG announced that Joe Gette, currently assistant general  counsel, mergers and acquisitions (M&A), and securities, will become vice president, deputy general counsel and secretary, effective June 1. Gette will continue to report to Anne M. Foulkes, PPG senior vice president, general counsel and.” reports Coatings World in their blog.

“In this new role, Gette will assume corporate secretary responsibilities while continuing to provide oversight and support for the company’s global M&A activities. He will also have oversight responsibility for securities, labor and employment and commercial legal activities for PPG’s U.S. and Latin America, North and South regions.”

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“Fairlife, parent company Coca-Cola and other defendants agreed to pay $21 million to resolve claims that they lied to consumers about mistreating cows. The settlement benefits consumers who purchased Fairlife or Fair Oak Farms milk products on or before April 27, 2022. The settlement covers milk, ice,” reports Top Class Actions in their blog.

“Butter, yogurt and other dairy products from both Fairlife and Fair Oak Farms. A full list of included products is available on the settlement website. According to a multi district litigation against Fairlife, Fair Oak Farms, Coca-Cola and other companies, Fairlife and Fair Oak Farms milk products use false advertising that promises the milk.”

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“Survivors and bereaved family members secured a settlement of over $1 billion in their class action lawsuit over the 2021 collapse of Champlain Towers South. The settlement benefits a large group of individuals affected by the Champlain Towers South collapse. This includes unit owners, residents,” reports Top Class Actions in their blog.

“Anyone who was present at the time of the collapse, those injured in the collapse (physically or emotionally), those who suffered personal property damage and those who suffered economic damages from the collapse. The class also includes representatives of these individuals, including surviving family members of deceased victims. On June 24.”

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“The Securities and Exchange Commission just revealed that it thinks meme stocks are a joke—and took some shots at crypto bros while it was at it. Retail trading communities on the internet are saying they feel scapegoated,” reports Christine Mui in the Fortune.

“The financial watchdog released an unusual video as part of a campaign dubbed “Investomania” to educate the public to do careful research before making investment decisions, themed like a game show, with one 30-second video spot and three others at 15 seconds apiece. In the longest clip, a contestant named Brad starts with negative $5,250 and buzzes in “meme stocks” from a game board of investment options. Among the other categories are “stock tips from your uncle,” “crypto to the moon,” and “timing the market.””

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“This month, New York City’s Rent Guidelines Board is expected to greenlight the biggest rent increase in a decade, the latest piece of bad news for tenants facing a record housing crisis. Rents are skyrocketing by double-digits in New York and evictions are soaring to levels not seen since before the,” reports Sateesh Nori in their City Limits.

“The Board has claimed that it’s only looking after small landlords, the mom-and-pops who saved up to buy an investment property and now struggle to make ends meet. It’s hard to argue that we shouldn’t support such real estate entrepreneurs, especially Black and brown homeowners, for whom becoming a landlord is a route.”

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“Service Titan, a  software platform built to power the trades, today welcomed two seasoned leaders to its executive team: Olive Huang as General Counsel and Secretary of the Board, and Doug Myer as Senior Vice President of Operations. Both executives bring a wealth of experience and expertise as,” reports PR Newswire in their blog.

“Trades People are the unsung heroes we rely on to provide essential services like running water, electricity, air conditioning, and heat,” said Ara Mahdessian, co-founder and CEO of Service Titan. As the Operating System that powers the trades, it’s our responsibility to build a leadership team with the experience and expertise to solve our.”

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“Nutri Bullet LLC has agreed to a $10 million class action lawsuit settlement to resolve claims some of its blenders are prone to overheating. The class is made up of anyone who purchased, for non-commercial use and not for resale, any new or reconditioned 600 or 900-watt Nutri Bullet blender. the United,” reports Top Class Actions in their blog.

“Nutribullet makes a viriety of small appliances and related products such as juicers, food processors, smoothie mixes, supplements and more. However, according to the plaintiff in a class action lawsuit, Nutri Bullet should be letting consumers know not to operate certain blender models continuously for more than one minute.”

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“On Tuesday, just hours after a gunman entered an elementary school classroom in Uvalde, Texas, and killed 19 students and two teachers, Democratic Senator Chris Murphy, from Connecticut (home to the Sandy Hook Elementary School in Newtown), spoke passionately on the Senate floor. Why are,” reports CBS News in their blog.

“They tried to make sure that fewer schools and fewer communities go through what Sandy Hook has gone through, what Uvalde is going through? I am here on this floor to beg to literally get down on my hands and knees and beg my colleagues: Find a path forward here. Meanwhile, Republican Senator Ted Cruz, of Texas, said, The policies the.”

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“Magistrate Judge Sarah Netburn has scheduled a new conference between the U.S. Securities and Exchange Commission and Ripple lawyers to discuss renewed assertions of attorney-client privilege,” reports Alex Dovbnya in the U Today.

“Internal documents related to former high-ranking SEC official William Hinman will be at the core of the discussion. The conference is scheduled to take place on June 7. Since no call-in information has been provided, this appears to be an in-person conference only.”

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