Reed Smith Boots 45 Attorneys. More to Come?
If you follow BigLaw at all (3Ls, we’re looking at you), you already know of the 45 lawyers laid off by Reed Smith last week. Reed Smith cites belt-tightening and…
Being a Felon With a Machine Gun Is Not a ‘Crime of Violence’
When Anthony Soto-Rivera was arrested, he was in possession of a machine gun. Unfortunately for him, Soto-Rivera was also a felon, making his possession of any firearm, not to mention…
Fifth Circuit Affirms District Court Ruling Against Bad-Faith Debtor
The Court of Appeals for the Fifth Circuit took sides against a bad-faith debtor when it reviewed the facts of the case and described the plaintiff’s actions as “an exercise…
Oculus Founder Sued for Breach of Contract
Palmer Luckey, the founder of FaceBook’s Oculus VR division, will face a civil lawsuit brought by Total Recall Technologies. However, Luckey was able to have additional claims against him dropped…
Lawsuits Seek Justice for Those Affected by Flint’s Tainted Water
When Flint, Michigan’s emergency manager switched the city’s water supply from Detroit to the Flint River, he saved about $5 million dollars, but also exposed thousands of residents to lead…
EFCC Is Investigating a South African Company For Its Investments In TCN
Sun International, a South African hotel and gaming group is being investigated by the Economic and Financial Crimes Commission (EFCC) for its initial investment in the Tourist Company of Nigeria…
Shell Announces Re-Opening Of Nigeria’s Trans Niger Pipeline After Inferno
Royal Dutch Shell, on Monday, announced the re-opening of its Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal. This pipeline had been out…
MX Oil Receives Offer To Trade Off Nigerian Assets
MX Oil on Monday announced the receipt of a formal offer from “a credible third party” for the whole of its Nigerian investment. according to the company,the value of the…
FG Will Not Settle Out Of Court With MTN – Minister
Minister of Communications, Adebayo Shittu, has said that the Federal Government expects no out-of-court settlement with MTN over the $3.9 billion fine, unless MTN withdraws its lawsuit. The Judge handling…
These Are The 3 Areas Nigerian CFO’s Will Be Investing In
Financial advisory and audit firm, KPMG has released partial results of a survey on the outlook of the Nigerian economy for 2016 from the perspective of Chief Financial Officers of…