Legal News

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Booker ally, law firm will fork over $6M in settlement with bankrupt Newark water agency

An ally of New Jersey Sen. Cory Booker and his old law firm have agreed to pay $6 million to settle a lawsuit alleging legal malpractice and widespread negligence perpetuated a multi-million kickback scheme that bankrupted the agency once in … Continue reading

Cleveland-Cliffs to Acquire AK Steel for $3B

Cleveland-Cliffs Inc. and AK Steel Holding Corporation have entered into a definitive merger agreement pursuant to which Cliffs will acquire all of the issued and outstanding shares of AK Steel common stock. Lourenco Goncalves, Chairman of the Board, President and … Continue reading

Thoma Bravo to buy Instructure in $2B

Education software firm Instructure Inc (INST.N) said on Wednesday it would be bought by private equity investment firm Thoma Bravo in an all-cash deal for about $2 billion, giving into pressure from one of its shareholders pushing for a sale. … Continue reading

9th Circuit grapples with nationwide injunctions in 2 immigration cases

A 9th Circuit panel wrestled with how to handle two immigration-related legal disputes that triggered howls of protest from the Trump administration after district court judges issued nationwide injunctions to enforce their rulings. The suits — argued back-to-back in San Francisco before … Continue reading

Hostess To Buy Voortman Cookies $320M

Hostess Brands, Inc. (TWNK, TWNKW) has entered an agreement to acquire Voortman Cookies Limited, a manufacturer of premium, branded wafers as well as sugar-free and specialty cookies, from Swander Pace Capital for approximately $320 million. Hostess projects the acquisition to … Continue reading

T-Mobile Workers Secure $8M Labor Class Settlement

T-Mobile will pay $8 million to settle California labor law violations. The telecommunications company allegedly failed to pay minimum and overtime wages; and compensation for off-the-clock work, and didn’t provide workers proper meal and rest breaks.The proposed class involves all T-Mobile employees in … Continue reading

What new bankruptcy law means for small businesses

Small businesses often struggle to reorganize effectively under Chapter 11 of the Bankruptcy Code. To address this issue, Congress passed the Small Business Reorganization Act of 2019, creating a new subchapter of Chapter 11 of the Bankruptcy Code. The Act … Continue reading

Diversified Maintenance Systems to pay $750K to Settle Race Discrimination Lawsuit

Janitorial Service Provider Diversified Maintenance Systems, LLC of Baltimore will pay $750,000 and furnish significant equitable relief to settle a federal race discrimination, harassment and retaliation lawsuit, the U.S. Equal Employment Opportunity Commission (EEOC) announced today. In its lawsuit, the … Continue reading

$2.4M in workers’ compensation awarded to welder

A construction welder in North Carolina was awarded $2.47 million in workers’ compensation after a long and arduous process involving several mediations and post-mediation negotiations. In 2011, the man, whose name has been withheld due to his immigration status, fell … Continue reading

House Passes Workplace Violence Bill Despite Veto Threat

In a bipartisan 251 to 158 vote, the House of Representatives passed H.R. 1309, which would require the Department of Labor to develop a standard addressing workplace violence in the health care and social services industry. The bill would require that … Continue reading