Red Lobster's well-known Times Square location in New York City is off the chopping block of potential closures, for now, along with 112 other outposts of the casual dining seafood chain, after the troubled company said during a bankruptcy court hearing Thursday it is negotiating new agreements with landlords.
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MONDAY, JULY 22, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Red Lobster Angles To Keep More Than 100 Leases In Ch. 11

By Hilary Russ

Red Lobster's well-known Times Square location in New York City is off the chopping block of potential closures, for now, along with 112 other outposts of the casual dining seafood chain, after the troubled company said during a bankruptcy court hearing Thursday it is negotiating new agreements with landlords.

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Girardi Denied Bid To Delay Client Theft Trial To October

By Adrian Cruz

A California federal judge rejected disgraced lawyer Tom Girardi's motion to have his closely watched wire fraud trial moved to October from its current August start date, determining that he was unable to provide a genuine reason as to why proceedings should be pushed back two months.

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Tender Greens And Tocaya Hit Ch. 11 With Post-COVID Woes

By Yun Park

The Los Angeles-based casual restaurant chain that operates Tender Greens and Mexican eatery Tocaya, One Table Restaurant Brands LLC, filed for Chapter 11 bankruptcy Wednesday in Delaware bankruptcy court, with its CEO saying the COVID-19 pandemic was "catastrophic" to their business.

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8th Circ. Blocks Another Biden Student Debt Relief Plan

By Hailey Konnath

The Eighth Circuit has blocked the Biden administration from implementing another plan for student loan forgiveness while the appellate court considers a Missouri-led state alliance's injunction request, according to an order entered Thursday.

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RISING STAR

Rising Star: Brown Rudnick's Kenneth Aulet

By Emlyn Cameron

Kenneth Aulet of Brown Rudnick LLP has represented creditors in major bankruptcies like that of crypto giant Blockfi Inc. and has also represented that company's wind-down administrator, earning him a spot among the bankruptcy law practitioners under age 40 honored by Law360 as Rising Stars.

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CHAPTER 11

Judge Won't Pause Sanctions In Byju's Ch. 11

By Emily Lever

A Delaware district court Thursday ruled hedge fund Camshaft Capital Fund LP cannot hold off a contempt order from a Delaware bankruptcy court in the Chapter 11 case of Byju's Alpha while it appeals the sanctions, finding that it could avoid sanctions if it complied with a court order.

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Atty Says Golf Malpractice Row Already Ran Its Course

By Elaine Briseño

An attorney seeking summary judgment in a legal malpractice suit told a New York federal judge that, five years and three courts later, the owners of the Foothills Club West Golf Court have still failed to produce evidence to support their allegations.

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Pool Co. Wants To Dig Into Rival's Alter Egos For $16M Verdict

By Hayley Fowler

Pool supply company Hayward Industries Inc. is looking to force responses from the alter egos of bankrupt rival Blueworks Corp. regarding their assets, bank accounts and property so that Hayward can collect on its $16 million false advertising and unfair business practices judgment.

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DEALS

6 Firms Steer Latin American Airline Giant's $533M IPO Plans

By Tom Zanki

Latam Airlines Group SA on Thursday outlined plans for an estimated $533 million U.S. initial public offering, guided by six law firms, marking a return to U.S. markets two years after the South American airline giant exited bankruptcy.

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PEOPLE

Womble Bond Adds Finance Atty With Latin America Focus

By Andrea Keckley

Womble Bond Dickinson's growing New York office is welcoming a capital markets and structured finance attorney after his more than 10 years with Hogan Lovells, most recently in Brazil.

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LEGAL INDUSTRY

BCLP Seeks Merger Partner As Departures Continue

By Aebra Coe

Bryan Cave Leighton Paisner LLP's headcount has declined by more than 20% since the law firm's seminal combination, according to firm data, with a surge of lateral departures this spring and summer. Sources have told Law360 Pulse that firm leaders are currently seeking a merger partner.

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Several State Courts Impacted By Global Tech Outage

By Sarah Martinson

Several state courts have been impacted by a global Microsoft Windows outage Friday morning causing operational challenges and courthouse closures.

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DOJ Seeks Probe Of Conflicts In Ex-Fed. Judge's Cases

By Jack Karp

The U.S. Department of Justice has asked its internal watchdog to look into why federal prosecutors kept quiet about the fact that they allegedly knew now-resigned Alaska federal Judge Joshua Kindred had inappropriate relationships with several attorneys appearing before him, the DOJ confirmed to Law360 Friday.

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NASCAR Names New General Counsel Amid Shake-Up

By Sue Reisinger

NASCAR Holdings' has named a new general counsel and a new deputy general counsel and head of privacy to fill out the team of chief legal officer Amanda Oliver.

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Calif. Bar Backs Creating New Virtual Bar Exam To Cut Costs

By Hailey Konnath

The State Bar of California's Board of Trustees has signed off on plans to negotiate a potentially $8 million, five-year deal with Kaplan North America LLC to replace the Multistate Bar Exam with its own state exam that could be taken remotely, according to a statement issued Friday.

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Kavanaugh Murder-Attempt Suspect Set To Face Trial

By Rae Ann Varona

A man charged with attempting to kill U.S. Supreme Court Justice Brett Kavanaugh has failed to reach a plea deal after nearly two years of negotiations, setting his case up for trial in Maryland federal court, federal prosecutors said Friday.

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2nd Circ. Upholds Ax Of Ex-Ropes & Gray Clerk's Bar Exam Suit

By Ryan Boysen

A former Ropes & Gray LLP attorney who was fired after twice failing the New York bar exam can't sue the state agency that administers the test for failing to accommodate her disabilities, the Second Circuit ruled Friday, finding the agency is protected by sovereign immunity.

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Apple Wants Litigation Funder To Explain Role In Patent Row

By Rose Krebs

Apple Inc. wants a Delaware federal judge to order litigation funder Omni Bridgeway LLC to turn over documents explaining its relationship with Finnish company MPH Technologies Oy and its financial interest in MPH's ongoing patent litigation against Apple in California.

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NYC Bar OKs Attys' Financial Stakes In Alternative Biz Entities

By Andrea Keckley

A new ethics committee report says a New York City lawyer may hold a financial interest in alternative business structures in jurisdictions that let them provide legal services, provided the lawyer is merely a financial investor, not practicing law through the entity.

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Judge Recuses As Tech Firm Slams Dow Chemical's Request

By Ryan Harroff

An Ohio federal judge has recused himself from a trade secrets case brought against Dow Chemical Co. after the technology firm that sued it showed the court a settlement offer without approval that would grant Dow Chemical's recusal motion, which the tech firm said was a "cavalier approach to a drastic remedy."

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Class Seeks $1.5B Settlement In Payday Loan Dispute

By Crystal Owens

A class of borrowers has urged a Virginia federal court to approve what would be the largest settlement ever obtained in a challenge to participants in the tribal lending industry, arguing that the agreement would give significant relief to hundreds of thousands in the form of debt cancellations and cash payments.

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Law Profs Throw Flag On NFL's 'Unconscionable' Arbitration

By David Steele

Allowing the NFL's arbitration system, with commissioner Roger Goodell as the arbitrator, to prevail in Brian Flores' discrimination dispute with the league is "unconscionable" and "egregious," a dozen law professors have told the Second Circuit in an amicus brief supporting the former Miami Dolphins head coach.

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Calif. Firm Beats Rival's Claims In 'Sweet Justice' TM Fight

By Rachel Rippetoe

A California federal court on Thursday nixed a personal injury firm's countersuit against its rival in a battle over the trademark use of the term "Sweet Justice," ruling that the firm's counterclaims are a "mirror-image" of the underlying suit.

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'Texit' Atty Sues State Rep., Judge Over Defamation Fees

By Catherine Marfin

A civil rights attorney who has represented the group behind the "Texit" movement filed a lawsuit against a state representative and court officials in a North Texas county, accusing the group of colluding to run up attorney fees against him in a defamation case connected to the pro-Texas-secession group.

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Colo. Federal Judges Point Out Recent High Turnover

By Daniel Ducassi

Colorado's chief federal judge on Friday observed "there has been a lot of turnover" on the bench in the district over the past several years, noting five out of the seven active district court judges were nominated by President Joe Biden. 

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Law360's Legal Lions Of The Week

By Kevin Penton

Blanche Law PLLC and Continental PLLC lead this week's edition of Law360 Legal Lions, after a Florida federal judge tossed the criminal case against former President Donald Trump over his allegedly illegal retention of classified documents at his Mar-a-Lago estate.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A kidney care company has asked a federal judge to throw out a former in-house counsel's lawsuit that claims she was fired for raising concerns about violations of federal anti-kickback statutes, and a study showed the world's most extensive public country-by-country tax reporting rules would require 51% of large U.S. multinational corporations to disclose tax arrangements. These are among the stories in corporate legal news you may have missed in the past week.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen a libel clash between comedian Paul Currie and the Soho Theatre Company over allegations of anti-semitism, technology giant Huawei face a patents claim by Mediatek, Westfield Europe pursue action against Clearpay Finance for contract breaches and tour operating company Carnival hit chartered airline Maleth Aero for significant flight delays. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Alston & Bird

Baker Donelson

Baker McKenzie

Berger Singerman

Bernstein Litowitz

Blake Cassels

Brown Rudnick

Bryan Cave

Cleary Gottlieb

Clyde & Co

Continental PLLC

Covington & Burling

DAC Beachcroft

DLA Piper

Davis Polk

Dentons

Dorsey & Whitney

Eggleston King

Elefterakis Elefterakis

Fieldfisher

Gibson Dunn

Girardi & Keese

Gowling WLG

Hahn Loeser

Hogan Lovells

Hogen Adams

Holland & Knight

Howes Percival

Hughes Hubbard

Jo Anne Simon PC

Jones Day

Kelly Guzzo

King & Spalding

Kirkland & Ellis

Latham & Watkins

Loeb & Loeb

Machado Meyer

McCarter & English

McCarthy Tetrault

Mishcon de Reya

Morgan Lewis

Morris Nichols

Morrison Foerster

Munger Tolles

Nelson Mullins

Norton Rose

Osborne Clarke

Paul Hastings

Paul Weiss

Perkins Coie

Peyrot & Associates

Pirkey Barber

Quinn Emanuel

Raines Feldman

Rayburn Cooper

Richards Layton

Robinson Bradshaw

Ropes & Gray

Rutan & Tucker

Saul Ewing

Schlam Stone

Seyfarth Shaw

Shumaker Loop

Sidley Austin

Simmons & Simmons

Simpson Thacher & Bartlett LLP

Siri & Glimstad

Spencer Fane

Stein & Vargas

Sullivan & Cromwell

Sweet James LLP

Thompson Hine

Troutman Pepper

Ward Hadaway

Washington & Washington

Wigdor LLP

Womble Bond

Wright Hassall

Young Conaway

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

AXA SA

Adobe Inc.

Aegon NV

Amazon.com Inc.

American Arbitration Association

Apple Inc.

Aviva SA

BLT Steak Inc.

BNP Paribas SA

Barclays PLC

Bonefish Grill Inc.

Boston University

Carnival Corp. & PLC

Chevron Corp.

Citigroup Inc.

Cleveland-Cliffs Inc.

Colorado Bar Association

Comerica Inc.

CrowdStrike Holdings Inc.

Denver Broncos Football Club

Deutsche Bank AG

Dow Inc.

EMI Group Ltd.

Equifax Inc.

Google LLC

Houston Texans

Huawei Technologies Co. Ltd.

JPMorgan Chase & Co.

Johnson & Johnson

Larsen & Toubro Ltd.

Leo Burnett Worldwide Inc.

Liberty Mutual Insurance Group

LinkedIn Corp.

Loyola University New Orleans

Mercedes-Benz USA LLC

Miami Dolphins

Microsoft Corp.

Mitsubishi UFJ Financial Group Inc.

Morgan Stanley

Morningstar, Inc.

NASDAQ Inc.

NFL Enterprises LLC

Nascar Digital Media LLC

National Hockey League

Natixis SA

New York City Bar Association

New York Football Giants Inc.

New York University

Olive Garden

Omni Bridgeway Ltd.

Panoramic Health

Purdue Pharma LP

Red Lobster Hospitality LLC

Revlon Inc.

Santander Holdings USA Inc.

Sentry Insurance Group

Sixth Street Partners

SolarWinds Corp.

Solicitors Regulation Authority Ltd.

State Bar of California

Strategic Value Partners LLC

Syngenta AG

The Goldman Sachs Group Inc.

The Tennessee Titans

Think & Learn Pvt. Ltd.

Twitter Inc.

Union Pacific Corp.

University of Southern California

Valeo Partners LLC

Vodafone Group PLC

Walmart Inc.

Woodruff-Sawyer & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Consumer Financial Protection Bureau

European Union

Federal Bureau of Investigation

HM Revenue & Customs

Lac du Flambeau Band of Lake Superior Chippewa Indians

New York Attorney General's Office

Supreme Court of Nevada

Texas Legislature

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

U.S. Attorney's Office for the District of Alaska

U.S. Attorney's Office for the District of Maryland

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Middle District of Florida

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Delaware

U.S. District Court for the District of Maryland

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Virginia

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States Bankruptcy Court for the Western District of North Carolina

United States District Court for the Northern District of Ohio