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A pension fund for union-represented construction workers in Southern Cal= ifornia squandered $30 million due to bad advice from an investment adviser= , the fund alleges in a new lawsuit filed in California federal court seeki= ng to recoup the money.

Construction

TUESDAY,= SEPTEMBER 19, 2023

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TOP NEWS

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Union Fund Says Adviser Pushed $30M Bad I= nvestment

=09

By Emily Brill

A pension fund for union-represent= ed construction workers in Southern California squandered $30 million due t= o bad advice from an investment adviser, the fund alleges in a new lawsuit = filed in California federal court seeking to recoup the money.

=20 Complaint attached |=20 Read full article » | Save to favorites »

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Locke Lord Can't Hide Docs In Malpractice= Suit, NJ Court Told

=09

By Jake Maher

An oil company suing Locke Lord LL= P for malpractice over a lost $2.5 million escrow payment reiterated in New= Jersey state court Monday demands for its complete client file, arguing th= at the firm misinterpreted the parties' engagement letter in a bid to escap= e its discovery obligations.

=20 Brief attached |=20 Read full article » | Save to favorites »

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Texas, Missouri Say DHS Must Use Border F= unds As Intended

=09

By Madeline Lyskawa

Texas and Missouri further urged a= Lone Star State federal judge to preliminarily block the Biden administrat= ion from halting construction of the Southwest border wall, saying the admi= nistration is using funds Congress specifically designated for border wall = construction "for anything but walls."

=20 Brief attached |=20 Read full article » | Save to favorites »


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Commerce Confirms Couplers From Mexico Du= mped In US

=09

By Rae Ann Varona

The U.S. Department of Commerce on= Monday readied final anti-dumping duties of nearly 50% for freight rail co= uplers from Mexico, confirming that the connectors were being dumped in the= U.S. at unfairly low prices.

=20 Decision attached |=20 Read full article » | Save to favorites »

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DC Circ. Grills Sierra Club On FERC Gas E= xtension Challenges

=09

By Peter McGuire and Madeline Lyskewa=

A skeptical D.C. Circuit panel pro= bed the Sierra Club's arguments on Monday in two lawsuits aiming to overtur= n multi-year extensions federal regulators' granted to construction deadlin= es for a New York gas pipeline and a gas export terminal on the Texas Gulf = Coast.

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Steel Co. Owes $2.2M In Unpaid Benefits, = Mich. Judge Rules

=09

By Danielle Ferguson

A Nevada steel company must pay Mi= chigan ironworkers' pension funds more than $2 million in unpaid benefits a= nd other fees for more than a year's worth of employees' work on a project = in Detroit, a Michigan federal judge ruled Sunday.

=20 Opinion attached |=20 Read full article » | Save to favorites »

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Big Banks Financed Vale's Pollution Of Br= azil, Suits Say

=09

By Henrik Nilsson

Some of the world's largest financ= ial institutions have enabled environmental degradation and exacerbated the= risk of catastrophic dam collapses by lending $17.2 billion to Brazilian m= ining company Vale SA, according to two proposed class actions filed in New= York federal court.

=20 2 documents attached |=20 Read full article » | Save to favorites »

EXPERT ANALYSIS

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What New EPA Enforcement Initiatives Mean= For Industry

=09 =09

With the U.S. Environmental Protec= tion Agency's recent announcement that climate change, per- and polyfluoroa= lkyl substances, and coal ash will be major investigation and enforcement t= argets in the coming years, the oil and gas, chemical, and waste management= sectors should anticipate increased scrutiny, say Jonathan Brightbill and = Madalyn Feiger at Winston & Strawn.

Read full article » | Save to favorites »

Series

ESG Around The World: Australia

=09 =09

Clive Cachia and Cathy Ma at K&= ;L Gates detail ESG-reporting policies in Australia and explain how the cou= ntry is starting to introduce mandatory requirements as ESG performance is = increasingly seen as a key investment and corporate differentiator in the f= ight for global capital.

Read full article » | Save to favorites »

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LEGAL INDUSTRY

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Linklaters Axes 30 Attys In China Amid Ec= onomic Slowdown

=09

By Xiumei Dong

Linklaters confirmed Monday that i= t has initiated a reduction of its legal workforce in response to China's e= conomic slowdown, with 30 attorneys being laid off across its three offices= in Beijing, Shanghai and Hong Kong.

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Allen & Overy, Shearman To Approve Me= rger By Oct. 13

=09

By Marialuisa Taddia

The merger between Allen & Ove= ry LLP and Shearman & Sterling LLP is getting close to the finish line,= the firms said Monday, as their respective partners prepare to vote on the= biggest tie-up in the industry.

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Morgan Lewis Adds Ex-FTC Mergers Deputy D= irector In DC

=09

By Jack Rodgers

Morgan Lewis & Bockius LLP has= hired a former deputy assistant director from the mergers division of the = Federal Trade Commission to join its firm as a partner in Washington, D.C.,= the firm announced Monday.

Read full article » | Save to favorites »

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Florida Bar Exam's July Pass Rate Gets Ba= ck Above 70%

=09

By Lynn LaRowe

The pass rate for first-time taker= s of the Florida Bar exam rose to more than 70% in July, marking an increas= e of about 7 percentage points from the year before following a series of c= hanges to the test, according to results released Monday by the Florida Boa= rd of Bar Examiners.

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Covington Won't Appeal Order In SEC Suit,= But Its Client Might

=09

By Jessica Corso

Covington & Burling LLP says i= t will not appeal a court order demanding that it reveal to the U.S. Securi= ties and Exchange Commission the names of some clients targeted in a 2020 c= yberattack, though one of the affected clients is promising to pursue an ap= peal itself, according to a Monday court order.

=20 Order attached |=20 Read full article » | Save to favorites »

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5 Disqualification Rulings To Know From 2= 023 (So Far)

=09

By Emily Sawicki

So far this year, there have been = a wide array of disqualification battles, from FDIC attorneys booted after = a court improperly granted them access to protected files, to a "specter of= impropriety" arising when an attorney hopped on a case presided over by hi= s former legal partner, now a federal magistrate.

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Atty Tacopina Cleared Of 'Conflict' In Tr= ump Hush Money Case

=09

By Frank G. Runyeon

A New York state judge has cleared= Donald Trump's criminal defense attorney Joe Tacopina of an alleged confli= ct of interest in the Manhattan district attorney's hush money case, ruling= that the lawyer's past interactions with a key prosecution witness were no= t disqualifying.

=20 Letter attached |=20 Read full article » | Save to favorites »

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Judge Tells Sides To Simmer Down In NC Ju= stice's Speech Suit

=09

By Travis Bland

A North Carolina federal judge sco= lded state Supreme Court Justice Anita Earls and the state Judicial Standar= ds Commission for "inflammatory" comments they have made as part of Justice= Earls' lawsuit alleging the commission is stifling her right to free speec= h.

=20 Order attached |=20 Read full article » | Save to favorites »

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Fla. High Court Urged To Reinstate Atty O= usted By DeSantis

=09

By David Minsky

Criminal justice officials across = the U.S. urged the Florida Supreme Court Monday to reinstate a prosecutor s= uspended by Gov. Ron DeSantis over performance of her duties, saying he ove= rstepped authority and there won't be any future guardrails for undemocrati= cally removing elected leaders if his order stands.

=20 Brief attached |=20 Read full article » | Save to favorites »

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Justices Urged To Block Return Of Ch. 11 = Debtor's Refund

=09

By Alex Wittenberg

A plant nursery that was overcharg= ed by roughly $375,000 to fund the U.S. Trustee Program during its bankrupt= cy case asked the U.S. Supreme Court to toss a challenge by the Office of t= he U.S. Trustee to the refund the debtor was awarded, saying repayment is "= the proper remedy."

=20 Brief attached |=20 Read full article » | Save to favorites »

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Mitsubishi Chemical Drops Sanctions Bid = In Atty's Sex Bias Suit

=09

By Patrick Hoff

Mitsubishi Chemical and a former i= n-house attorney who said she was passed over for a promotion and fired bec= ause she's a woman have formally ended their legal battle, with the company= dropping a push for sanctions that followed its win in July over her claim= s.

=20 1 document attached |=20 Read full article » | Save to favorites »

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Driver Testifies He Meant To Protest, No= t Murder Court Officer

=09

By Bonnie Eslinger

A man on trial for driving the get= away vehicle during the fatal 2020 shooting of a federal courthouse securit= y guard told a California federal jury Monday that he never intended to mur= der anyone at a 2020 protest, only to "yell at some cops [and] light off a = firework or two."

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White & Case Barred From Repping Oil= Co. In FARC Terror Suit

=09

By Brian Steele

The Second Circuit on Monday decli= ned to disturb a ruling in the District of Connecticut that barred attorney= s with the international law firm White & Case LLP from serving as defe= nse counsel in a multimillion-dollar dispute arising from acts of drug-rela= ted terrorism, saying the appellate court lacks jurisdiction to decide the = case.

=20 Decision attached |=20 Read full article » | Save to favorites »

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Giuliani's Lawyers Say He Owes $1.36M In= Unpaid Bills

=09

By Lauren Berg

Rudy Giuliani's attorneys at David= off Hutcher & Citron LLP, who represented him during the criminal probe= of the Jan. 6, 2021, attack on the U.S. Capitol and in other investigation= s, on Monday lodged a suit in New York state court alleging that he still o= wes more than $1.36 million in legal bills.

=20 Complaint attached |=20 Read full article » | Save to favorites »

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COMPA= NIES IN TODAY'S NEWS

American Bar Association

American Chemistry Council Inc.

Amsted Rail Co. Inc.

Bank of America Corp.

Institutional Shareholder= Services Inc.

Interactive Brokers Group Inc.=EF= =BB=BF

International Association of Bridge Structural Ornamen= tal & Reinforcing Iron Workers

John Q. Hammons Hotels Inc.

LinkedIn Corp.

Meketa Investment Group

Microsoft Corp.

Mitsubishi Chemical Holdings

NBCUniversal Media LLC

National Fuel Gas Co.

Public Citizen Inc.

Public Co. Accounting Ove= rsight Board

Ritz-Carlton Company LLC

S1 Corporation

Sierra Club

The Florida Bar

The Travelers Cos. Inc.

Vale SA


<= img src=3D"https://sli.law360news.com/imp?s=3D734824&li=3D201&m=3Dd120cdb40= 65a859edc70326799a21fe8&p=3D206911" border=3D"0"/>

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LAW = FIRMS IN TODAY'S NEWS

Law Office of Wendy M. Crowther

Warren Gammill & Associates

GOVE= RNMENT AGENCIES IN TODAY'S NEWS

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Energy Regulatory Co= mmission

Federal Trade Commission

Florida Attorney General's = Office

Florida Supreme Court

Food and Drug Administration

International Trade Commission

Office of Foreign Assets Control=

Texas General Land Office

U.S= . Attorney's Office for the Northern District of California

U.S. Co= urt of Appeals for the District of Columbia Circuit

U.S. Court of Appeals= for the Second Circuit

U.S. Department of Commerce

U.S. Department of Homeland S= ecurity

U.S. Department of Justice

U.S. Department of State

U.S. Di= strict Court for the Central District of California

U.S. District Cou= rt for the District of Columbia

U.S. District = Court for the District of Connecticut

U.S. Dist= rict Court for the Eastern District of Michigan

U.S. D= istrict Court for the Northern District of California

U.S. Dis= trict Court for the Southern District of New York

U.S. Environmental Protection= Agency

U.S. Securities and Excha= nge Commission

U.S. Supreme Court

United Nations

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