NEW YORK CITY – Louis Burke, the American Bar Association’s expert on class actions, said he has never seen anything like the 25.8 percent charge for expenses in a settlement between Monsanto and plaintiffs in a pollution suit.
WASHINGTON (Legal Newsline) - The U.S. Supreme Court heard arguments yesterday in a case that could end cy pres, the practice of steering money in class action settlements to organizations with absolutely no connection to the underlying lawsuit.
Three local Democrat House members seeking re-election next week are among the top beneficiaries of campaign cash raining down from House Speaker Mike Madigan, whose interests in recent weeks have been showered with greenbacks from the trial bar.
Mike Madigan’s one of the most powerful and influential men in Illinois, and he never misses a chance to increase his power and extend his influence. In his dual capacity as House speaker and state Democratic Party chairman, he has ample opportunity to do both.
Report: Surging securities class actions over corporate M&A, 'adverse events,' a growing 'litigation racket'
Saying the trend carries substantial costs for investors and the entire economy, a new report is calling for reforms to tamp down on the growing surge in the number of so-called securities class action lawsuits filed against companies over mergers, acquisitions or stock price drops - a phenomenon the report author called a "litigation racket."
Across the U.S., Americans pay hefty costs for lawsuits, with the price tag stretching from the courthouses to the most basic levels of American life, adding thousands of dollars each year to Americans’ household budget costs, according to a new study of tort litigation costs.
Clayborne’s legal bill defending contractor is prioritized over homeowner's judgment in shoddy work lawsuit, plaintiff says; Judge refutes
A Belleville homeowner who won a lawsuit against a home repair contractor is speaking out, saying the real winner isn't her, but rather the politically connected law firm that represented the man she sued.
BELLEVILLE — An Amtrak employee claims she was injured while attempting to assist a passenger.
Hoffman, Costello end Q3 with $1.36M combined compared to less than $10K held by competitors Jameson, Friess
SPRINGFIELD – Spending on downstate races to keep the Illinois State House controlled by Democrats rivals the ferocity playing out on a national level to put the minority party back in control of the U.S. House.
Lawyers near and far go big for Democrat judicial candidates; Republican challengers take note in 'we don't owe anyone' message
SPRINGFIELD – Four law firms provided 59 percent of itemized contributions to judicial campaigns of Democrats Heinz Rudolf, John O’Gara, and Christopher Kolker in the quarter ending Sept. 30.
Lawyers supporting Dem candidate for Fifth District spent half of funds on polling in Hoerner v. Overstreet
BELLEVILLE – Lawyers independently supporting Fifth District appellate court candidate Kevin Hoerner paid $26,500 to Hart Research of Washington for polling on Oct. 7, state election board records show.
Choosing a hat: Proposal seeks to ease home closing costs by rewriting rules for IL lawyers who sell title insurance
A new legislative proposal would force real estate lawyers in Illinois who also serve as title insurance agents to 'choose which hat they will wear' in a home sale transaction, in a bid to reduce the typical closing costs paid by Illinois homeowners, and bring those costs more in line with the national average. But the proposal has drawn fire from lawyers and their associations, accusing supporters of the bill of unfairly 'scapegoating' lawyers for Illinois' relatively more expensive title insurance costs.
A Madison County asbestos trial ended in a settlement Wednesday after the jury had been deliberating for two days.
Ameron files motion for directed verdict in Madison County asbestos trial, says Bond Strand causation is 'speculative at best'
Ameron International Corporation filed a motion for a directed verdict Thursday in an Edwardsville man’s mesothelioma trial, arguing that he failed to provide sufficient causation evidence regarding the defendant’s Bond Strand product.
In the Trump administration, at least, the government will no longer look the other way as asbestos lawyers negotiate lenient terms that make it easy for their current clients to get money at the expense of future claimants and federal entitlement programs.
The race to fill an open seat on the Fifth District Appellate Court has seen an infusion of trial lawyer campaign cash in recent weeks - from near and far.
Free market thinkers and those who believe in some government intervention are involved in an increasingly sour battle over the issue of climate change.
CHARLOTTE, N.C. (Legal Newsline) - The Department of Justice has stepped into Kaiser Gypsum's Chapter 11 bankruptcy pending in the Western District of North Carolina over concerns that its reorganization plan lacks sufficient safeguards to prevent fraud.
While asbestos filings in courts across the country appear to be declining, the number of new cases being filed in St. Clair County Circuit Court have more than doubled from a year ago.