In The News: William S. Boyd School of Law

Above The Law

Biglaw attorneys bill a lot. That is an uncontroversial truism. But there’s usually an ebb and flow to the work — sure, you might be working like a dog during trial but then you have a blessedly light August, and you can recharge your batteries and the cycle starts anew. But that’s not what’s happened for Sullivan & Cromwell partner Brian Glueckstein.

WealthManagement.com

The impact of the Supreme Court’s 6-3 decision in SEC v. Jarkesy, limiting the commission’s use of in-house judges, will likely have long-term consequences, with securities attorneys speculating that SEC settlement offers may increase and state regulators may take the reins on cases that would previously have been led by the federal regulator.

Law360 Pulse

For tens of thousands of consumer clients who signed up to receive debt relief services from the California-based Litigation Practice Group, the law firm's collapse into bankruptcy last year amid allegations of fraud was not the end of the story.

Forbes

On Thursday, the Supreme Court overturned the multi-billion-dollar settlement agreement that Purdue Pharma’s bankruptcy estate had struck between the Sackler family, the firm’s billionaire former owners, who agreed to pay $6 billion to opioid victims in exchange for full immunity from any future civil lawsuits.

Las Vegas Review Journal

The immediate impact of the wife of Antonio Pierce filing for bankruptcy will be to help the couple temporarily pause the legal process of addressing substantial debt resulting from judgments against the Raiders coach, experts said.

Reuters

Even for a busy lawyer at a big corporate law firm, billing close to 11 hours a day on a single case, five days a week for 18 months straight is no easy feat. That's the average pace Brian Glueckstein has kept up as one of the lead lawyers in the FTX bankruptcy since it began in November 2022, according to court records though April. All those hours — including 342 in December 2022 alone — have helped his law firm Sullivan & Cromwell amass close to $200 million in billings as debtor's counsel in the sprawling case so far.

Las Vegas Review Journal

The violation of a noncompete agreement has been central in Wynn Resorts’ lawsuit against Fontainebleau for poaching senior executives. Wynn claims the new resort hired nine of its executives and encouraged workers to violate their employment contracts. But in April the Federal Trade Commission changed its rules and announced that starting Sept. 4 all new noncompete agreements are banned. So, how would a ban impact executive hiring and moves on the Strip?

Bloomberg

David Boies, one of the country’s best-known lawyers, charges more than $2,000 an hour and at age 83 can have his pick of cases. This raises a question as to why he would defend disgraced former bankruptcy judge David R. Jones, who is fighting lawsuits that allege he benefited from a personal relationship with a lawyer who worked on cases in his court.

Marketplace

In a flurry of recent U.S. Supreme Court decisions, the Justices’ lack of action on one case is a major victory for the tribal gaming industry. The court left in place an agreement between the Seminole Tribe of Florida and the state of Florida, and left the door open for tribal nations to expand into online gaming, as the commercial gaming industry moves more and more in that direction.

Nevada Independent

The National Labor Relations Board (NLRB) has affirmed a previous ruling that Red Rock Resorts violated national labor laws when it successfully tried to persuade workers not to unionize and has ordered three of the company’s Las Vegas casinos to negotiate collective bargaining agreements with employees represented by Culinary Workers Union Local 226.

Nevada Independent

In an executive order unveiled Tuesday, President Joe Biden announced that undocumented spouses of American citizens who meet certain legal criteria will be shielded from deportation as they seek legal residency.

Las Vegas Review Journal

UNLV student Alma Perez’s American Dream is to one day work as an accountant, which she is studying for. But as an undocumented immigrant who was brought to the U.S. at the age of 4, she’s not permitted to legally work, and has resorted to construction labor alongside her father, said the 20-year-old woman.