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20 Jun 2023, 11:41 am by Greg Lambert and Marlene Gebauer
The report also found the ongoing trend of consolidation to fewer outside firms continues, with 61% of companies using 10 or fewer firms for 80% of their legal spending. [read post]
16 Jun 2023, 6:11 am by Rob Robinson
Acquires Stake in Legal Tech Company CS Disco, Inc.: A Promising Investment in a Growing Industry In a recent disclosure with the Securities and Exchange Commission, Russell Investments Group Ltd. revealed their acquisition of a new stake in CS Disco, Inc. [read post]
On June 1, 2023, the Supreme Court unanimously ruled in favor of whistleblower plaintiffs (referred to as “relators”) in consolidated False Claims Act (“FCA”) cases in a decision that clarified the application of the FCA’s knowledge requirement. [read post]
6 Jun 2023, 8:38 am by Kevin LaCroix
Grace & Company, Inc.,; Suzanne Gilbert is a veteran corporate executive with over 30 years of experience with the Interpublic Group of Companies (IPG); Larry Prendergast is Chairman of the Turrell Fund and serves on the advisory boards of several investment funds, including JPMorgan; and Joe Monteleone is a Partner at the Weber Gallagher Simpson Stapleton Fires & Newby LLP law firm. [read post]
3 Jun 2023, 6:37 pm by Ben Vernia
Supervalu, Inc., in which a qui tam relator appealed the Seventh Circuit’s affirmance of summary judgment, premised on the defendant pharmacy’s claims that its interpretation of the phrase “usual and customary” was objectively reasonable, despite evidence that the company had been warned off of the lenient interpretation it advanced in its defense. [read post]
10 May 2023, 3:43 pm by Rob Robinson
References to “DISCO,” the “Company,” “our” or “we” in this press release refer to CS Disco, Inc. and its subsidiaries on a consolidated basis. [read post]
8 May 2023, 4:01 am by Peter Mahler
In Matter of Jamaica Acquisition, Inc. v Shea, the Nassau County Commercial Division rejected the dissenters’ request for 9% interest and instead awarded 6.5% interest comparable to the rate payable under the company’s line of credit from the time of the merger to the date of payment. [read post]
5 May 2023, 4:00 am by Robert McKay
A consolidation of this kind, indeed even this specific one, was predictable and inevitable. [read post]
26 Apr 2023, 9:53 am by Kevin LaCroix
According to the plaintiffs’ consolidated amended complaint (here), the 2019 merger of CBS and Viacom followed years of efforts by Shari Redstone, who was a director of both CBS and Viacom, and who through National Amusements, Inc. [read post]
23 Apr 2023, 5:53 am by Kevin LaCroix
The various cases were consolidated, lead plaintiffs were announced, and the plaintiffs filed an amended consolidated complaint. [read post]
21 Apr 2023, 1:26 pm by Morgan Cloud
ShareTuesday’s arguments in two consolidated cases, Yegiazaryan v. [read post]