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Sidley Austin LLP is working with the owner of two Washington, D.C., prof= essional sports teams to move them out of the city and into a new $2 billio= n sports and entertainment district in Alexandria, Virginia.

Construction

THURSDAY= , DECEMBER 14, 2023

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TOP NEWS

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Sidley Guides Caps, Wizards In Move To Ne= w $2B Va. Arena

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By Law360 Staff

Sidley Austin LLP is working with = the owner of two Washington, D.C., professional sports teams to move them o= ut of the city and into a new $2 billion sports and entertainment district = in Alexandria, Virginia.

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

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Climate Tech Co. Dimensional Grabs $20M I= n Series A

=09

By Law360 Staff

Dimensional Energy brought in $20 = million in a Series A funding round led by Envisioning Partners, as the cli= mate technology company also prepares to become a certified B corporation.

Read full article » | Save to favorites »

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Waste Tech Biz Denies Fraud In £131M= Power Plant Suit

=09

By Ronan Barnard

A subcontractor has hit back at a = £131.4 million ($165 million) fraud claim by an engineering compa= ny over the allegedly botched construction of a gas plant, dismissing alleg= ations that it misled the business over its experience with similar project= s.

Read full article » | Save to favorites »


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Ex-Texas Mayor Asks Justices To Review Br= ibery Convictions

=09

By Law360 Staff

A former mayor of Richardson, Texa= s, and her real estate developer husband asked the U.S. Supreme Court on We= dnesday to overturn the Fifth Circuit's decision affirming their 2021 convi= ctions for bribery and filing false tax returns — and to allow t= hem to remain free while the court considers their case.

=20 3 documents attached |=20 Read full article » | Save to favorites »

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Mozambique Says President's Docs Not Need= ed For Fair Trial

=09

By Christopher Crosby

The right of an Abu Dhabi shipbuil= der to a fair trial has not been compromised by the absence of evidence fro= m the president of Mozambique on the $2 billion "tuna bonds" scandal, the c= ountry's lawyers told a London court on Wednesday.

Read full article » | Save to favorites »

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Charity Can't Revive FCA Claim Over Clima= te Risk Disclosure

=09

By Joanne Faulkner

A London judge extinguished effort= s by a climate campaign group on Wednesday to continue its legal battle aga= inst the Financial Conduct Authority over its approval of documents for inv= estors on the stock exchange listings of North Sea oil firm Ithaca Energy.

Read full article » | Save to favorites »

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NY Thruway Uses Cayuga Land Without Permi= ssion, Suit Says

=09

By Law360 Staff

The Cayuga Nation has filed suit a= gainst New York State seeking a cut of the tolls collected on the New York = State Thruway where it passes through the 64,000-acre reservation promised = to the nation in a 1794 treaty.

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

PRACTICAL GUIDANCE

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How Clients May Use AI To Monitor Attorn= eys

=09 =09

Artificial intelligence tools will= increasingly enable clients to monitor and evaluate their counsel’s = activities, so attorneys must clearly define the terms of engagement and li= kewise take advantage of the efficiencies offered by AI, says Ronald Levine= at Herrick Feinstein.

Read full article » | Save to favorites »

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LEGAL INDUSTRY

Bonus Spotlight

Schulte Roth Offers Upsized Bonuses To To= p Billers

=09

By Law360 Staff

While Schulte Roth & Zabe= l LLP on Wednesday matched the prevailing 2024 associate salary scale, rang= ing from $225,000 for the class of 2023 to $445,000 for the class of 2015, = top billers can reportedly take home upsized bonuses compared to most of th= eir industry peers.

Read full article » | Save to favorites »

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Holland & Hart Taps Chris Balch For 2= nd Term As Chair

=09

By Law360 Staff

Holland & Hart LLP announced o= n Wednesday that Chris Balch has been selected to continue on as chair of t= he Denver-based firm for a second four-year term.

Read full article » | Save to favorites »

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3 Law Firm Practice Areas That Gained Pop= ularity In 2023

=09

By Aebra Coe

As new and emerging legal concerns= plagued clients, large law firms sprang into action in 2023, launching new= practice groups to accommodate the increased need.

Read full article » | Save to favorites »

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1st-Gen Law Students Have 'No Safety Net'=

=09

By Tracey Read

First-generation law students are = more likely to be minorities, are saddled with significant school debt and = often work for pay while studying more than their peers, according to a rec= ently released report.

Read full article » | Save to favorites »

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EDNY Judge To Take Senior Status Next Yea= r

=09

By Law360 Staff

U.S. District Judge Joan M. Azrack= for the Eastern District of New York, who has overseen several high-profil= e cases involving accusations of fraud against local lawyers and politician= s, will take senior status at the end of 2024.

Read full article » | Save to favorites »

Q&A

Award-Winning Cimplifi GC Champions Women= In Law

=09

By Sue Reisinger

For the past 35 years, Marla Crawf= ord has been a pioneer on complex e-discovery cases as well a champion for = women in the law.

Read full article » | Save to favorites »

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Trump's NY Fraud Case Set For Jan. Finale= As Testimony Ends

=09

By Law360 Staff

Testimony ended Wednesday in the N= ew York attorney general's marathon civil fraud trial against Donald Trump,= setting the stage for a January ruling that could determine the fate of th= e former president's business empire.

Read full article » | Save to favorites »

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Trump Says 'Grinch' Smith Can't Speed Ele= ction Case To Trial

=09

By Law360 Staff

Donald Trump's legal team argued W= ednesday that special counsel Jack Smith is improperly trying to rush his e= lection-interference case to trial to thwart his White House bid, opposing = a fast-tracked appellate review of a decision keeping the charges intact an= d comparing the prosecutor to Dr. Seuss' Grinch.

=20 3 documents attached |=20 Read full article » | Save to favorites »

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Truist Taps Ally Financial GC As Its New = CLO

=09

By Law360 Staff

Truist Financial Corp. is replacin= g its outgoing chief legal officer with the former top attorney for Ally Fi= nancial and a onetime King & Spalding LLP partner.

Read full article » | Save to favorites »

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Fox Rothschild Forms Employee Retention C= redit Task Force

=09

By Law360 Staff

Spurred by an increase in federal = investigations into how companies have used a pandemic-era tax credit, Fox = Rothschild LLP has created a task force focused on defending corporations t= argeted by these probes, the firm announced this week.

Read full article » | Save to favorites »

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Big Firms Have Almost No Black Equity Pa= rtners, Says SRA

=09

By Marialuisa Taddia

The percentage of Black partners w= ith full equity in big firms was virtually nil for 2023, according to new d= ata published Wednesday by the Solicitors Regulation Authority, as the prof= ession continues to struggle to increase diversity in its highest ranks.

Read full article » | Save to favorites »

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Reed Smith Says Barclays Held £21M = In Limbo Over Sanctions

=09

By Christopher Crosby

Reed Smith LLP has hit back at a s= anctioned UAE shipping company suing the law firm for £21 million ($26= .3 million) after its funds were frozen over concerns of violating U.S. law= , saying it can't force Barclays to release the money.

Read full article » | Save to favorites »

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COMPA= NIES IN TODAY'S NEWS

Allianz SE Reinsurance

Credit Suisse Group AG

Elemental Excelerator Inc.

Ferro Corp.

Geico Corp.

Lehman Brothers Holdings Inc.

LinkedIn Corp.

Metso Oyj

Microsoft Corp.

Monumental Sports & Ente= rtainment LLC

Pfizer Inc.

RELX PLC

Solicitors Regulation Author= ity Ltd.

Southwestern Law School

The Goldman Sachs Group Inc.

Truist Financial Corp.

Trump Organization Inc.


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LAW = FIRMS IN TODAY'S NEWS

Davis Wright Tremaine

Essex Court Chambers

Faegre Drinker

Fountain Court Chambers

Litigation Practice Group

Peters & Peters Solicitors

Signature Litigation LLP

GOVE= RNMENT AGENCIES IN TODAY'S NEWS

Committee on= Foreign Investment in the United States

Federal Communications Commissi= on

Financial Conduct Authority

Internal Revenue Service

New York Attorney General'= s Office

New York State Thruway Authority=

Office of Foreign Assets Control=

U.S. Attorney's Office

U.S. Atto= rney's Office for the Eastern District of Texas

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

U.S. Department of Justice

U.S. Dist= rict Court for the Western District of New York

U.S. Securities and Excha= nge Commission

U.S. Senate

U.S. Supreme Court

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