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Ohio Supreme Court mulls whether Volkswagen should pay state hundreds of billions for emissions scandal Updated Jan 26, 2021; Posted Jan 26, 2021 In this Wednesday, Aug. 1, 2018, file photo a logo of the car manufacturer Volkswagen is pictured on top of a company building in Wolfsburg, Germany. (AP Photo/Michael Sohn, file)AP Facebook Share COLUMBUS, Ohio—Volkswagen should pay the state of Ohio hundreds of billions of dollars in penalties for the automaker’s 2015 emissions cheating scandal, a lawyer for the state argued Tuesday before the Ohio Supreme Court. Volkswagen’s attorney, mea...

ADVERTISEMENT ADVERTISEMENT Sullivan & Cromwell Promotes 2 Partners To Vice Chair Law360 (January 7, 2021, 2:53 PM EST) -- Sullivan & Cromwell LLP has appointed two new vice chairs as part of its succession planning process, the firm said Thursday, elevating partners who have represented some of the firm's top clients across its litigation and corporate practices. Scott Miller and Robert Giuffra, who have each been with the New York-based firm for more than three decades and sit on its management committee, will take on roles a step below chair Joseph Shenker, the firm said. Shenker, who ser...

9 Min Read (Reuters) - The U.S. Supreme Court agreed Friday to hear what the investment bank Goldman Sachs has called “the most important securities case to come before the court” since the justices left intact the essential framework of shareholder class actions in 2014’s Halliburton v. Erica P. John Fund. The justices will review a split 2020 decision by the 2nd U.S. Circuit Court of Appeals, which upheld the certification of a class of Goldman Sachs shareholders to proceed with claims that the bank lied to shareholders when it touted its business principles and procedures for averti...