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in the news

Aug 29, 2017 DOL's OT Rule Strategy May Leave Employers In Limbo, Law360

The US Department of Labor's decision not to ask the Fifth Circuit to pause a challenge to an injunction freezing the Obama administration's controversial overtime rule while the agency crafts a replacement means the 2016 regulations could get a green light before a replacement rule is ready, creating a potential compliance nightmare for employers.

Aug 23, 2017 Second Circuit Ends Newman Relationship Test, But for How Long?, Law360

A Second Circuit panel jumped at the chance to flip a key part of the landmark Newman decision Wednesday in upholding the insider trading conviction of SAC Capital Advisors LP manager Mathew Martoma, but experts say the change could be short-lived if the case is reviewed again by the appellate court — or even the US Supreme Court.

Aug 23, 2017 ITT Wins Coverage In Asbestos Insurance Trial, Law360

Global manufacturing company ITT Corp. notched a win in a long-running suit seeking more than $1 billion in coverage for asbestos liabilities when a California state judge ruled Tuesday that the policies at issue are triggered at the time of asbestos exposure and that ITT can put the policies in any triggered year on the hook for its full liability.

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Press releases

Sep 14, 2017 Morgan Lewis Advises State Oil Company of Azerbaijan in Agreement for Future Development of the Super-Giant Azeri-Chirag-Gunashli Oil Fields

LONDON, BAKU, September 14, 2017: Morgan Lewis represented the State Oil Company of the Azerbaijan Republic (SOCAR) in negotiating the amendment and extension of a production sharing agreement (PSA) and associated agreements for future development of the super-giant Azeri, Chirag, and deep-water Gunashli (ACG) oil field complex in the Azerbaijan sector of the Caspian Sea.

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