Litigation

Legal Showdown: Trump-Era Corporate Orders Face Rebuttals in Court

6 days ago

In a dramatic turn of events surrounding the litigation stemming from former President Donald Trump's policies, several firms have stepped up to contest orders that they claim unjustly impacted their operations. The companies are seeking legal clarity and relief, challenging the executive directives from the previous administration that they argue were not only economically damaging but potentially unconstitutional.

Supreme Court Dismisses Youth-Led Climate Change Lawsuit, Affects Future Environmental Litigation

10 days ago

In a significant ruling, the Supreme Court has declined to revive a groundbreaking lawsuit initiated by a group of young plaintiffs aiming to hold the U.S. government accountable for its inaction on climate change. This decision, rendered on March 24, 2025, leaves in place previous court rulings that dismissed the case, effectively stalling potential legal avenues for youth activism against climate inaction in the country.

Walgreens Under Fire: US Alleges Improper Opioid Dispensing, Shares Plummet

2 months ago

In a shocking turn of events, Walgreens Boots Alliance Inc. has seen its stock value nosedive following allegations from the United States government concerning improper dispensing of opioid medications. The announcement marks a significant legal challenge for one of America’s largest pharmacy chains, igniting concerns about accountability and the ongoing opioid crisis in the country.

Supreme Court Declines to Hear Appeal from Oil Companies in Landmark Hawaii Climate Case

3 months ago

In a significant legal development, the U.S. Supreme Court has opted not to hear an appeal from major oil companies, effectively upholding a lower court's ruling related to a landmark climate lawsuit initiated by the state of Hawaii. This decision marks a crucial moment in the ongoing battle between state authorities seeking accountability for climate change and the fossil fuel industry.

Citadel Securities Paves the Way in Trade Secrets Litigation Against Portofino

5 months ago

In a significant legal development, Citadel Securities has received the green light for its trade secrets lawsuit against Portofino Technologies. This decision was made by a federal judge who ruled that the case could proceed, marking a crucial step in Citadel's efforts to protect its proprietary trading methodologies and technological innovations.

UK Banks Brace for Billions in Additional Payouts Following Auto Loan Ruling

5 months ago

The UK banking sector is poised for a potential financial upheaval as a recent court ruling mandates that banks must compensate customers over mis-sold auto loans. This landmark decision has raised alarm bells across financial institutions, which could face billions in additional payouts as they scramble to address the ramifications of the court's finding.

Insurance Industry Faces a Potential $55 Billion Blow from Helene Milton’s Actions

6 months ago

The insurance sector is bracing itself for a significant financial upheaval, with estimates suggesting that losses could reach as high as $55 billion due to a series of incidents tied to the figure known as Helene Milton. This news has reverberated through the industry, raising concerns about the ramifications for insurers already grappling with various challenges.

Visa Sets Aside $1.5 Billion in a Litigation Escrow Account

6 months ago

Visa Inc, a financial services corporation famous for its electronic funds transfers across the globe, has recently set apart as much as $1.5 billion in a litigation escrow account. The recent move by the company depicts its well-structured determination to cope with and handle legal risk in an efficient manner, so that even at the onslaught of possible litigation issues, the balance sheet portrays robust health.