The Seventh Circuit reopened an auto parts company's lawsuit seeking to recover proceeds a plant manager got from selling shares he was granted, saying Delaware's top court has made clear that a lower court shouldn't have analyzed whether the forfeiture-for-competition provisions of the stock agreements were reasonable.
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MONDAY, JANUARY 27, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

7th Circ. Says Ex-Manager's Noncompete Allowed Clawback

By Patrick Hoff

The Seventh Circuit reopened an auto parts company's lawsuit seeking to recover proceeds a plant manager got from selling shares he was granted, saying Delaware's top court has made clear that a lower court shouldn't have analyzed whether the forfeiture-for-competition provisions of the stock agreements were reasonable.

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AT&T, Fidelity Beat Retiree's Suit Over Mistaken Benefits

By Grace Elletson

A retiree who claimed he was misled by AT&T and Fidelity into thinking he was owed more retirement benefits than he received cannot proceed with his suit, a Colorado federal judge ruled, stating that the snafu resulted in a miscommunication, not a violation of federal benefits law.

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Retired Pittsburgh Cops Overpaid For Healthcare, Panel Rules

By P.J. D'Annunzio

Pennsylvania's Commonwealth Court has ruled that the city of Pittsburgh overcharged retired police officers for healthcare benefits, rejecting the city's argument to overturn an arbitrator's award in favor of the local Fraternal Order of Police lodge as too expansive.

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LITIGATION

Del. Justices Won't Revive Skechers Inc. Aircraft Use Suit

By Jeff Montgomery

Delaware's top court on Thursday grounded with scant comment a derivative suit appeal filed on behalf of a stockholder of comfort shoemaker Skechers USA Inc. seeking revival of a dismissed lower court case alleging failure to control top executives' use of corporate aircraft for personal travel.

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Wells Fargo Workers Score Class Cert. In Stock Option Suit

By Emilie Ruscoe

Former employees of Wells Fargo & Co. have received certification for their proposed class in litigation in Minnesota federal court alleging the bank used dividends earned by its employee stock ownership fund to defray its 401(k) matching obligations.

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UnitedHealthcare Settles Proton Beam Coverage Suit

By Patrick Hoff

UnitedHealthcare has agreed to resolve a proposed class action claiming it unlawfully denied coverage of a proton beam cancer treatment after wrongly labeling it as experimental, the insurance company and plan participants told a Massachusetts federal court.

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Advanced Auto Parts Gets Brakes Tapped On Investor Suit

By Katryna Perera

Advanced Auto Parts beat back a proposed class action on Thursday that accused the company and its top brass of misleading investors about the failure of a new pricing strategy and purposefully inflating the impact of price reductions, with a North Carolina federal judge finding that the suit failed to plead knowledge of wrongdoing.

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BANKRUPTCY

Yellow Corp. Says It Acted In Good Faith With WARN Notices

By Ben Zigterman

Defunct trucking company Yellow Corp. told a Delaware bankruptcy judge on Thursday that its last delivery was made the day before it laid off 22,000 union workers, making it a "liquidating fiduciary" that would not be liable for inadequate mass-layoff notices under the WARN Act.

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EXPERT ANALYSIS

Series

Coaching Little League Makes Me A Better Lawyer

While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.

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LEGAL INDUSTRY

Analysis

Companies Risk White House Wrath By Keeping DEI Programs

By Sarah Jarvis

For companies pushing forward with their diversity, equity and inclusion initiatives amid a torrent of attacks from President Donald Trump and his allies, there are myriad potential risks ahead — and murky questions about the legal parameters of Trump's anti-DEI agenda.

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Law Students Scramble As Federal Gov't Yanks Job Offers

By Alison Knezevich

Law students across the country are scrambling to figure out their next steps after a range of federal agencies yanked job and internship offers this week because of the new hiring freeze imposed by the Trump administration.

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Mass Tort Atty Files Ch. 11 Owing $202M To Litigation Funders

By Hilary Russ

A Houston plaintiffs attorney has filed for personal Chapter 11 protection with more than $202 million of litigation funding liabilities, according to his petition in the Southern District of Texas.

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Feud Heats Up Over Estate Of Wife Killed By Ex-BigLaw Atty

By Emily Johnson

The godson of a Georgia woman killed by her husband, former Fisher Phillips partner Claud "Tex" McIver, has said her cousins shouldn't get proceeds from a settlement of an underlying wrongful death suit, calling them "strangers" to her and claiming "the redistributive windfall" they're asking for "has no place in Georgia law."

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Boston Firm Says IT Vendor Holding Computers 'Hostage'

By Julie Manganis

Boston-based law firm Melick & Porter LLP says a company it hired to manage its information technology is now holding its computer network and data "hostage" by refusing to cooperate with the transition to a new vendor unless Melick pays it $380,000.

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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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Law360's Legal Lions Of The Week

By Kevin Penton

Phillips Black Inc., Ridley McGreevy & Winocur PC and King & Spalding LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court revived claims from a woman on death row in Oklahoma that prosecutors unfairly sex-shamed her and relied on gender-based stereotypes to convince a jury that she had killed her estranged husband for insurance money.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

A new Law360 Pulse survey shows that more than 90% of in-house counsel have no regrets about their decisions to join companies. In litigation stemming from Purdue Pharma's sales of OxyContin that fueled the opioid crisis, the Sackler family would lose control of Purdue and pay $6.5 billion in the latest proposed settlement. These are some of 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 Axa Insurance and Admiral face a claim from a former lawyer recently exposed for personal injury fraud, the owner of Reading Football Club sue a prospective buyer and mobile network Lycamobile tackle action by Spanish network Yogio. Here, Law360 looks at these and other new claims in the U.K.

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LAW FIRMS IN TODAY'S NEWS

Abrams & Bayliss

Adams & Reese

AkinMears

Altshuler Berzon

Arnall Golden

Bailey & Glasser

Barack Ferrazzano

Bird & Bird

Brown Rudnick

Burges Salmon

Campbell Litigation PC

Cheeley Law Group

Clement & Murphy

Clyde & Co

Cohen Milstein

Colson Hicks

Covington & Burling

Cravath Swaine

DiCello Levitt

Eimer Stahl

Eversheds Sutherland

Faegre Drinker

Feinberg Jackson

Fish & Richardson

Fisher & Phillips

Freeman Mathis

Gaslowitz Frankel

Gibson Dunn

Gillam Smith

Gordon Arata

Higgins Benjamin

Hilgers Graben

Hogan Lovells

Howard & Howard

Howes Percival

Jones Day

Kahn Swick

Kantor & Kantor

Kean Miller

Kemmer Law

King & Spalding

Kirkland & Ellis

Knobbe Martens

Kozyak Tropin

Labaton Keller

Latham & Watkins

Law Office of Susan E. Kaufman

Lipsitz Green

Liskow & Lewis

Lodders Solicitors

Mayer Brown

McCollom D'Emilio

Melick & Porter

Morris Nichols

Morrison Foerster

Munger Tolles

Newman Ferrara

Nichols Kaster

O'Melveny & Myers

Outten & Golden

Pachulski Stang

Paul Weiss

Phillips Black Inc

Potter Anderson

Previant Law Firm

Proskauer Rose

Quinn Emanuel

Reynolds Porter

Ridley McGreevy

Robbins Geller

Robin Frazer Clark PC

Rosenfeld & Rafik

Sacks Weston

Selendy Gay

Seyfarth Shaw

Shapiro Arato

Sheppard Mullin

Sidley Austin

Skadden Arps

Smith Anderson

Stanley Reuter

Steptoe LLP

Sullivan & Cromwell

Susman Godfrey

Travers Smith

Troutman

VanOverbeke Michaud

Weinberg Roger

Welby Stoltenberg

WilmerHale

COMPANIES IN TODAY'S NEWS

AT&T Inc.

AlphaSense

AlphaSights Ltd.

Amazon.com Inc.

American Airlines Group Inc.

Apple Inc.

Armadillo Financial Partners LLC

BNP Paribas SA

British Broadcasting Corp.

Burford Capital LLC

Cantor Fitzgerald LP

Chevron Corp.

Compagnie Financière Tradition

Costco Wholesale Corp.

DHL International GmbH

EJF Capital LLC

Entergy Corp.

Exxon Mobil Corp.

FCA US LLC

Fraternal Order of Police

GLS Capital LLC

George Washington University

GoFundMe Inc.

GreatBanc Trust Co.

International Brotherhood of Teamsters

Investments Ltd.

J.C. Penney Co. Inc.

Johnson & Johnson

LKQ Corp.

LinkedIn Corp.

Macy's Inc.

McDonald's Corp.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

National Westminster Bank PLC

Omnicom Group Inc.

Pinterest Inc.

Pioneer Natural Resources Co.

Purdue Pharma LP

Redwood Holdings LLC

Rocade LLC

Royal Mail Group PLC

Samsung Electronics Co. Ltd.

Skechers USA Inc.

Sonos Inc.

The Interpublic Group of Cos. Inc.

The State University of New York

Thryv Inc.

TikTok Inc.

U.S. Chamber of Commerce

Walmart Inc.

Wells Fargo & Co.

White Castle Management Co.

Yellow Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

Companies House

Delaware Court of Chancery

Equal Employment Opportunity Commission

Executive Office of the President

Federal Bureau of Prisons

Federal Trade Commission

Financial Ombudsman Service

Food and Drug Administration

Georgia Court of Appeals

Georgia Supreme Court

Internal Revenue Service

Japan Patent Office

National Labor Relations Board

Office of Federal Contract Compliance Programs

Peace Corps

Pennsylvania Supreme Court

The Crown Prosecution Service

U.S. Air Force

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Minnesota

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

U.S. Drug Enforcement Administration

U.S. Office of Personnel Management

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States District Court for the District of Colorado