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NY Judge Rules Reinsurer Must Complete 7 Million Acquisition

Commercial reinsurance carrier Fleming Intermediate Holdings must complete its $227 million acquisition of JRG Reinsurance Ltd., a judge has ruled. The decision from Manhattan Supreme Court Judge Andrea Masley, of the Commercial Division, is a win for Bermuda-based insurance holding company James River Group Holdings. The order was made public…

NY Bill Aims to Weed Out Illicit Cannabis Shops to Make Way for Legit Providers

The sponsor of a bill that aims to give New York municipalities authority to shutter illicit cannabis operators said the proposal has gained momentum as lawmakers continue to negotiate a final state budget. State Assemblymember Jenifer Rajkumar, D-Queens, told reporters in Albany on Tuesday that she expects her SMOKEOUT Act bill to be included…

Quinn Emanuel Partner Faces Sanctions Hearing in Elon Musk Defamation Suit

Quinn Emanuel Partner Faces Sanctions Hearing in Elon Musk Defamation Suit | Texas Lawyer Page Printed From: https://www.law.com/texaslawyer/2024/04/09/quinn-emanuel-partner-faces-sanctions-hearing-in-elon-musk-defamation-suit/ Tesla CEO Elon Musk attends the first plenary session of the AI Safety Summit at Bletchley Park, on Nov. 1, 2023, in Bletchley, England. Photo: Leon Neal/Pool via AP NEWS “As damaging…

Walmart Secures Dismissal of Drug Investigation Disclosure Claim

Securities claims related to Walmart’s disclosures about the scope of a Controlled Substances Act investigation by the Department of Justice have been dismissed. A Delaware federal court ruled on April 8 that Walmart, which operates around 5,000 pharmacies, didn’t have an obligation to disclose an investigation into its pharmacy dispensing practices…

Broward Lawyer Rises at Firm While Pioneering a Cause

Broward Lawyer Rises at Firm While Pioneering a Cause | Daily Business Review Page Printed From: https://www.law.com/dailybusinessreview/2024/04/09/broward-lawyer-rises-at-firm-while-pioneering-a-cause/ Jonathan Z. Schiller of Brinkley Morgan in Fort Lauderdale. Courtesy photo PROFILE Someone once asked the attorney if he were a shark or a goldfish. “I like goldfish,” he responded. “You can call…