A Delaware federal judge on Tuesday agreed to stay a suit against Western Global Airlines and an investment manager after workers who alleged that their employee stock ownership plan was mishandled told the court they had reached a settlement.
Law360
Benefits
WEDNESDAY, AUGUST 7, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Cargo Airline, Workers Forge Settlement In ESOP Battle

By Kellie Mejdrich

A Delaware federal judge on Tuesday agreed to stay a suit against Western Global Airlines and an investment manager after workers who alleged that their employee stock ownership plan was mishandled told the court they had reached a settlement.

2 documents attached | Read full article » | Save to favorites »

10th Circ. Says Union Contract Legally Imposed On Okla. Co.

By Emily Brill

An Oklahoma electric company must accept the successor contract imposed on it by an arbitration board, the Tenth Circuit said Tuesday, upholding an Oklahoma federal court's decision that the pact between Brent Electric Co. and an International Brotherhood of Electrical Workers local was imposed lawfully.

Opinion attached | Read full article » | Save to favorites »

Amazon Seeks Early Exit From Military Service Bias Suit

By Gina Kim

Amazon asked a Washington federal judge to end a proposed class action accusing it of demoting or terminating workers who take time off for military service, arguing that one of the plaintiffs was inadvertently fired while the other wasn't qualified for a promotion because he was "unprofessional."

Motion attached | Read full article » | Save to favorites »

EXECUTIVE COMPENSATION

KKR & Co., 2 Founders Sued In Del Over $500M Exit Deal

By Jeff Montgomery

A union pension fund has sued KKR & Co. Inc. founders Henry Kravis and George Roberts and 14 others in connection with no-tax share conversion payment rights lined up in connection with the company's October 2021 switch from an umbrella partnership "C" company into a regular corporation.

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

LITIGATION

Florida Asks 11th Circ. To Let Gender Law Take Effect Now

By Joyce Hanson

Florida officials have implored the Eleventh Circuit to allow enforcement of the state's recently enacted law restricting gender-affirming treatment for transgender minors and adults, arguing that a federal judge's order to enjoin enforcement of the law was erroneous.

Brief attached | Read full article » | Save to favorites »

Investment Adviser Must Face Union Fund's $30M ERISA Suit

By Emily Brill

A union pension fund has carried its $30 million Employee Retirement Income Security Act lawsuit against an investment advisory firm past the motion-to-dismiss phase on its second try, with a California federal judge holding that the fund qualified for an extension to its deadline to sue over pre-2016 conduct.

Order attached | Read full article » | Save to favorites »

Ex-Honeycomb Manager Wants Benefits Case Reopened

By Kelcey Caulder

Attorneys for a former Savannah Bee Co. honeycomb manager urged the Georgia Court of Appeals on Tuesday to reverse the Georgia Department of Labor's decision to deny her unemployment benefits on the grounds that her appeal was not timely, arguing circumstances caused her to file late with "good cause."

Letter attached | Read full article » | Save to favorites »

EXPERT ANALYSIS

A Guide To Long-Term, Part-Time Employee Determinations

With final regulations under the Secure Act requiring 401(k) retirement benefits for long-term, part-time employees expected soon, Amy Sheridan and David Guadagnoli at Sullivan & Worcester look at how the proposed rules would shift the risk-reward calculus on excluding categories of employees, and what plan sponsors would need to consider when designing retirement plans.

Proposed Rule attached | Read full article » | Save to favorites »

Series

Teaching Scuba Diving Makes Me A Better Lawyer

As a master scuba instructor, I’ve learned how to prepare for the unexpected, overcome fears and practice patience, and each of these skills – among the many others I’ve developed – has profoundly enhanced my work as a lawyer, says Ron Raether at Troutman Pepper.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Audio

A New Take On 'Presumed Innocent' With Scott Turow

By Steven Trader

A staple of the legal thriller genre for nearly 40 years, Scott Turow’s bestselling novel and blockbuster movie "Presumed Innocent" returned to the screen this year as an eight-episode miniseries on Apple. In a spoiler-free conversation with Law360, the author discusses evolving his characters for their television debut and the lasting legacy of his most famous work.

Read full article » | Save to favorites »

Quinn, Jenner Attys Tapped For Trump Shooting Inquiry

By Courtney Bublé

The Republican staff on the newly formed bipartisan task force to investigate the assassination attempt of former President Donald Trump include Capitol Hill and legal veterans, including attorneys from Quinn Emanuel Urquhart & Sullivan LLP and Jenner & Block LLP.

Read full article » | Save to favorites »

Analysis

Google 'May Not Be So Lucky' Next Time Over Chat Deletions

By Bryan Koenig

Google's stunning antitrust loss in D.C. federal court Monday dealt another blow against its policies of letting internal chats delete automatically, and it came with a callout of its practice of training employees to avoid competition law "buzzwords."

Read full article » | Save to favorites »

Bid For Ex-Judge's Phone Records Halted At Texas Hearing

By Catherine Marfin

A Texas bankruptcy judge shut down a bid from JCPenney's bankruptcy administrator to subpoena former Judge David R. Jones' cellphone records in a partially sealed hearing Wednesday in connection with Jones' secret romance with a onetime lawyer at Jackson Walker LLP.

Read full article » | Save to favorites »

Khan 'Impermissibly Conflicted' In Cyber Probe, MGM Says

By Ali Sullivan

MGM Resorts International fought Wednesday to keep alive its lawsuit accusing the Federal Trade Commission of wrongly refusing to recuse chair Lina Khan from an investigation into the company's data security practices, arguing that its case involves core constitutional issues that belong in the D.C. federal court.

Memorandum attached | Read full article » | Save to favorites »

Judge Hints No-Show Amazon, Apple Plaintiff May Testify

By Greg Lamm

A Washington federal judge suggested Wednesday that the original lead plaintiff in an antitrust suit accusing Amazon and Apple of restricting iPhone and iPad sales may need to testify despite his lawyers wanting to drop him from the case, questioning if it would be fair to let the plaintiff continue to dodge long overdue discovery demands.

2 documents attached | Read full article » | Save to favorites »

'Herculean' Efforts Warrant Max Fee, Debt Firm Trustee Says

By Daniel Connolly

A California bankruptcy trustee overseeing the failed debt relief law firm Litigation Practice Group has told the court he deserves the maximum fee amount and possibly a bonus due to the "herculean" efforts of himself and his colleagues — a statement that comes at a time when the bankruptcy estate appears to have little money to pay more than 2,500 creditors.

4 documents attached | Read full article » | Save to favorites »

Promo that reads Law360 Diversity Snapshot Promo that reads 2024 Rising Stars

LAW FIRMS IN TODAY'S NEWS

Chipman Brown

Choate Hall

Cohen Milstein

Cooch & Taylor

DLA Piper

Daniels Fine Israel

Davis Wright Tremaine LLP

Dinsmore & Shohl

Fox Rothschild

Frasier Frasier

Friedlander & Gorris

Gibson Dunn

Groom Law Group

HKM Employment Attorneys

Hagens Berman

Hawkins Parnell

Holtzman Vogel

Jackson Walker LLP

Jenner & Block

King & Ballow

Litigation Practice Group

Lowenstein Sandler

Marshack Hays

MoloLamken

Morris James

Nichols Kaster

Norton Rose

Orrick Herrington

Perkins Coie

Pray Walker

Quinn Emanuel

Robbins Geller

Rusty Hardin & Associates

Schulte Roth

Shook Hardy

Sidley Austin

Steptoe LLP

Stonebarger Law

Streusand Landon

Stris & Maher

Sullivan & Worcester

Susman Godfrey

Troutman Pepper

Weil Gotshal

Winston & Strawn

Winthrop Golubow

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

Apollo Global Management LLC

Apple Inc.

Axon Enterprise Inc.

Epic Games Inc.

Evercore Inc.

FTI Consulting Inc.

George Washington University

Georgia Legal Services Program

Getty Images Holdings Inc.

GoDaddy Inc.

Google LLC

Human Rights Campaign

International Brotherhood of Electrical Workers

J.C. Penney Co. Inc.

KKR & Co. Inc.

LinkedIn Corp.

MGM Resorts International

Martha Stewart Living Omnimedia Inc.

Meketa Investment Group

Microsoft Corp.

National Center for Lesbian Rights

Southern Legal Counsel

T-Mobile US Inc.

The Carlyle Group Inc.

The State University of New York

Toys R Us Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

City and County of San Francisco, California

Delaware Court of Chancery

Federal Trade Commission

Georgia Attorney General's Office

Georgia Court of Appeals

Georgia Department of Labor

Internal Revenue Service

International Monetary Fund

U.S. Attorney's Office

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

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

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

U.S. Marine Corps

U.S. Supreme Court

United States District Court for the Northern District of Oklahoma