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Commercial and Professional Services Professional Services

  • The White House said in a statement that Trump intended to nominate William Emanuel, 75, to fill one of two vacancies on the five-member NLRB, which oversees union elections and disputes between workers, unions, and employers. Emanuel, a Los Angeles- based partner at law firm Littler Mendelson, has worked with Republicans in Congress and major trade groups from an...

  • WILMINGTON, Del., June 27- Lawyers for people injured by exploding Takata Corp air bags told a U.S. bankruptcy court judge on Tuesday that the company's restructuring plan is being skewed to benefit automakers over victims. TK Holdings Inc, the U.S. business of Takata, filed for Chapter 11 bankruptcy on Sunday due to tens of billions of dollars of liabilities from...

  • *European Commission wades into global drug pricing row. *Wider role for EU antitrust regulators with Aspen probe. BRUSSELS/ LONDON, June 26- The first ever EU antitrust probe into excessive drug pricing is taking the European pharmaceuticals industry into uncharted territory, unnerving some companies and lawyers worried about the reach of market...

  • Charlie Munger, Berkshire Hathaway

    Billionaire Charlie Munger told a small group of investors the strategy of buying only service company stocks made former vice president Al Gore very wealthy.

  • BRUSSELS, June 21- Tax advisers in the European Union risk fines for helping companies to cut their tax bills by shifting profits to low-tax countries, if proposed new EU legislation gets approval. Under the draft law, proposed by the European Commission on Wednesday, tax advisers including the Big Four accounting firms, banks and lawyers, would be required to...

  • Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York.

    Johnson & Johnson is seizing upon a U.S. Supreme Court ruling from Monday limiting where injury lawsuits can be filed to fight off claims it failed to warn women that talcum powder could cause ovarian cancer.

  • A fifth of the plaintiffs have cases pending in state court in St. Louis, where juries in four trials have hit J&J and a talc supplier with $307 million in verdicts. Those four cases and most of the others on the St. Louis docket involve out-of-state plaintiffs suing an out-of-state company. "We believe the recent U.S. Supreme Court ruling on the Bristol-Myers Squibb...

  • WASHINGTON, June 19- A federal judge in San Francisco on Monday named lawyer Elizabeth Cabraser to lead the case brought against Fiat Chrysler Automobiles NV by owners over allegations it bypassed diesel emission controls. Fiat Chrysler's lead lawyer is Robert Giuffra of law firm Sullivan& Cromwell LLP, who also represented Volkswagen.

  • DUBAI, June 19- Commercial banks in the Gulf are examining their books and consulting lawyers to determine their strategies if the region's diplomatic crisis eventually forces them to sell off Qatari bonds and loans. So far, sanctions against Doha imposed by Saudi Arabia, the United Arab Emirates and Bahrain have stopped well short of compelling banks under...

  • SINGAPORE, June 16- Lee Suet Fern, managing partner of global law firm Morgan Lewis& Bockius LLP's combined practice in Singapore, has stepped down from the position to focus on her international role in the firm, sources familiar with the situation said on Friday. Lee Hsien Yang said he and his wife, Lee Suet Fern, would be leaving Singapore because they felt closely...

  • SAO PAULO, June 14- JBS SA, whose controlling shareholder recently agreed to pay the world's largest leniency fine ever, has hired lawyer Marcelo Proença to become global head of compliance, as the world's biggest meatpacker seeks to turn the page on a massive corruption scandal. Last month, Brazil's billionaire Batista family- which owns over 40 percent of JBS...

  • LONDON/ AMSTERDAM, June 13- Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its "dieselgate" emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation "Stichting Volkswagen Car Claim", a U.S.-style class...

  • LONDON, June 13- A group of International Bank of Azerbaijan creditors has filed an objection in a U.S. court against the state-run bank's $3.3 billion debt restructuring plan. Asset managers Fidelity Management& Research Company and Franklin Templeton Investment Management Ltd and hedge funds Promeritum Fund SPC and VR Global Partners LP are members of the...

  • June 12- The U.S. Supreme Court agreed on Monday to decide whether a federal administrative process frequently used by technology companies to ward off patent infringement lawsuits violates the constitutional rights of patent owners. The Supreme Court has said there is a right to a jury trial in disputes in which private property can be revoked.

  • BRUSSELS, June 8- Tax advisers in the European Union will be penalised for helping companies to set up schemes to cut their tax bills excessively by shifting profits to low-tax countries, under a draft law seen by Reuters. The measure, prepared by the EU executive, the European Commission, and still subject to changes, would force accounting firms such as...

  • NEW YORK, June 8- Every Tuesday, partners and associates at Wachtell, Lipton, Rosen& Katz gather for a communal lunch in the dining room of the law firm's Manhattan offices. Food ordered from top New York restaurants is served, but the real attraction is Martin Lipton, one of the firm's co-founders and corporate America's most famous consigliere.

  • SAN FRANCISCO, June 6- Uber Technologies Inc said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company. Attorney General Eric Holder into company culture and practices. On Monday, Uber said it hired Harvard Business...

  • SAN FRANCISCO, June 6- Uber Technologies Inc has fired 20 employees following an investigation by a law firm into sexual harassment and other claims at the ride-hailing company, people familiar with the matter said on Tuesday. Perkins Coie said it investigated 215 harassment and other complaints going back as far as 2012, one of the people familiar with the...

  • SAN FRANCISCO, June 6- Uber Technologies Inc told staff on Tuesday that it had fired 20 employees following an internal investigation into harassment and related claims by law firm Perkins Coie, a person familiar with the matter said. Attorney General Eric Holder, investigated 215 harassment complaints going back as far as 2012, employees were told.

  • In a 9-0 ruling, the Supreme Court found that the SEC's recovery remedy known as "disgorgement" is subject to a five-year statute of limitations. The justices sided with New Mexico- based investment adviser Charles Kokesh, who previously was ordered by a judge to pay $2.4 million in penalties plus $34.9 million in disgorgement of illegal profits after the SEC...