Finance expert on ‘severe’ consequences with retail credit cards: ‘So many strings attached’ A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit and debit cards. U.S. District Judge for the Eastern District…

Gallegos Carrocerias Gallegos was hit with a breach-of-contract lawsuit on June 21 in Pennsylvania Middle District Court. The court action, filed by Buchanan Ingersoll & Rooney on behalf of RAD Wood Products, accuses the defendant of failing to place minimum purchase orders required under a supply agreement. Counsel have not…

Last year was a banner year for law firm billing rates. And as litigation demand remains strong and deal-work optimism grows, don’t expect firms to throttle back. Industry sources and new law firm survey data suggest Big Law will continue to escalate rates at similar or higher levels in 2024.…

Defense attorney Lee Kindlon unseated five-term Albany County District Attorney David Soares in Tuesday’s Democratic primary, securing nearly 55% of the vote. Kindlon, founder of The Kindlon Law Firm in Albany, New York, is set to face Republican Ralph Ambrosio in November.

Elliott Greenleaf has won its bid to retain $11 million in referral fees for a case it referred to Saltz Mongeluzzi & Bendesky in 2014, after the Pennsylvania Supreme Court on Tuesday declined to hear a former shareholder’s appeal. The dispute centered around former Elliott Greenleaf shareholder Richard DeMarco’s claims…

An obscure New York-based patent holder filed cybersecurity patent infringement lawsuits against eight major companies in the U.S. Eastern and Western Districts of Texas. Secure Matrix LLC, a company formed in Delaware on Aug. 21, 2023, is asserting claims against Microsoft Corp., IBM Corp., Bank of America, and five foreign-based…