Florida

  • March 18, 2024

    NYSE Moves To Boot Wilbur Ross-Backed SPAC

    Ross Acquisition Corp. II, a special-purpose acquisition company founded by former U.S. Commerce Secretary Wilbur Ross, disclosed Monday the New York Stock Exchange has suspended trading of its shares and began the delisting process after the SPAC failed to complete a merger within the required three-year time frame.

  • March 18, 2024

    Catching Up With Delaware's Chancery Court

    Multimillion-dollar e-cigarette settlements, $4 billion in stock buybacks and a $6.1 million appraisal tweak were among the big-dollar items logged in the Delaware Court of Chancery's ledger last week. Also on the docket: a Panama port project, a news outlet's defamation case, drone disputes and a flood of mail from Tesla shareholders. In case you missed it, here's all the latest from the Chancery Court.

  • March 18, 2024

    Ex-CEO Sues Trump-Tied SPAC For Litigation, Probe Fees

    A director and former CEO of Donald Trump-tied Digital World Acquisition Corp. has sued the venture in Delaware's Court of Chancery, seeking legal fee advancements from DWAC for costs arising from federal probes, lawsuits in multiple states and potential fiduciary breach claims.

  • March 15, 2024

    Real Estate Authority: Realtor Settlement, Women's Soccer

    Law360 Real Estate Authority covers the most important real estate deals, litigation, policies and trends. Catch up on this week's key developments by state — as well as on the $418 million settlement by the National Association of Realtors to end broker-fee claims and the first stadium built in the United States for a women's professional sports team.

  • March 15, 2024

    ​​​​​​​Chiquita MDL Experts Aren't Reliable, Parties Say

    A Florida federal judge overseeing the multidistrict litigation against Chiquita Brands weighed arguments Friday on what evidence should be excluded in two upcoming bellwether trials, with each side insisting the other's experts should be disqualified from testifying about claims that the company funded a deadly right-wing Colombian paramilitary group.

  • March 15, 2024

    Fla. Deal Might Let Illegal Gambling 'Proliferate,' Justices Told

    A coalition of South Florida gambling opponents are urging the U.S. Supreme Court to reverse a lower court's determination that a sports betting compact between the Sunshine State and the Seminole Tribe is lawful, arguing that their business and property interests will be negatively affected by the "unprecedented statewide gambling expansion."

  • March 15, 2024

    Dram Shop Law Clarified By Fla. Justices' Negligence Ruling

    The Florida Supreme Court's recent decision not to reinstate a nearly $31 million jury award against a bar that served alcohol to an underage person who later crashed into a pedestrian was the right call, experts said, and provided much needed clarity on the state's dram shop statute.

  • March 15, 2024

    Bitcoin 'Founder' Held In Contempt For Disclosure Delay

    A Florida federal judge on Friday held self-professed bitcoin inventor Craig Wright in civil contempt for delaying disclosure of financial information to the holder of a $143 million judgment against him and said a sanctions award of reasonable attorney fees and costs would be appropriate.

  • March 15, 2024

    Fla. Jury Lets Insurer Off Hook For $12M Award

    A Florida federal jury on Friday found that National Indemnity Company of the South did not act in bad faith in its handling of claims against a Florida Keys construction and landscaping company and the company's employee over a fatal car crash that led to an $11.8 million judgment.

  • March 15, 2024

    Fla. Tribe Urges No Pause In Suit Over State's Water Power

    The Miccosukee Tribe of Indians of Florida on Thursday urged a federal judge not to pause its lawsuit against the U.S. Environmental Protection Agency that alleges the state was improperly awarded authority over a Clean Water Act permitting program.

  • March 15, 2024

    Fla. Judge Can't Get Free Speech Ruling, Ethics Panel Told

    Special counsel for a Florida ethics panel is pushing back against a state judge's bid to exclude evidence from her ethics case that alleges her campaign speech about a rival amounted to ethical violations, saying such a ruling would be premature.

  • March 15, 2024

    Influencer Says Ex-BigLaw Atty Can't Get Stalking Injunction

    A social media influencer urged a Florida federal court on Thursday to throw out a request from former Greenberg Traurig LLP patent attorney Allan Kassenoff for an injunction against cyberstalking as the lawyer pursues a $150 million defamation suit against him.

  • March 15, 2024

    Marathon Digital Pays $87.3M For Bitcoin-Mining Data Center

    Bitcoin-mining company Marathon Digital Holdings Inc., advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Friday announced it is buying Lowenstein Sandler LLP-led Applied Digital Corp.'s bitcoin-mining data center in Texas for a net purchase price of $87.3 million.

  • March 15, 2024

    Off The Bench: QB 'Extortion,' Bears Bias Suit, Trans Athletes

    In this week's Off The Bench, Dallas Cowboys quarterback Dak Prescott claims a woman wants him to buy her silence about an alleged sexual assault, a man says the Chicago Bears denied him a job because he is white, and an inclusive roller derby team fights a county order denying facilities access to transgender girls and women.

  • March 14, 2024

    GM, LexisNexis Sued For Sharing Driving Data With Insurers

    A Florida driver claims his insurance rate doubled because General Motors and its OnStar unit collected driving data through his Cadillac without permission and shared the information with LexisNexis Risk Solutions, which created a vague driving behavior report that insurance companies use to determine coverage, according to a putative federal class action.

  • March 14, 2024

    17 Added To SEC's $300M Suit Alleging Crypto Ponzi Scheme

    The U.S. Securities and Exchange Commission on Thursday expanded its takedown of an alleged $300 million crypto Ponzi scheme with a suit against 17 individuals for their roles in a business that allegedly targeted Latino investors.

  • March 14, 2024

    Icahn Enterprises Rips Investors' 'Grab Bag' Of A Suit

    Diversified holding company Icahn Enterprises LP and some of its current and former brass have asked a Miami federal judge to toss a proposed investor class action alleging they misrepresented certain details of the company's performance and asset values, arguing that the suit is a lengthy "grab bag of different theories."

  • March 14, 2024

    Florida Seeks Faster Action In CWA Permitting Program Row

    Florida is urging a D.C. federal judge to "accelerate the process" to determine if the state can retain some Clean Water Act permitting authority after federal approvals for its program were vacated, or else appeal an order that thrust a thousand pending projects into "unconscionable limbo."

  • March 14, 2024

    Russian's Asylum Delay Suit Survives Dismissal Effort In Fla.

    A Russian national's legal efforts to speed up his 4-year-old asylum application survived a dismissal bid from the Biden administration, after a Florida federal court found the asylum-seeker had plausibly alleged his application had been unreasonably delayed.

  • March 14, 2024

    Trump Can't Duck Classified Doc Charges Over Vagueness

    The Florida federal judge overseeing the criminal prosecution of former President Donald Trump over the alleged mishandling of classified documents at his Mar-a-Lago estate denied his bid Thursday to toss the indictment based on the "unconstitutional vagueness" of the Espionage Act, opting instead to punt the issue to later in the case.

  • March 14, 2024

    Tupperware Pans Investor Suit Over 'Small' Accounting Errors

    Tupperware wants to dismiss a proposed class action accusing it of damaging investors by knowingly issuing misleading financial reports, arguing the suit fails to show it acted with ill intent when releasing the allegedly inaccurate information to the public, and that its restatements did not actually hurt shareholders.

  • March 14, 2024

    Ex-Real Estate Exec Accused Of $77M WeWork Stock Fraud

    Manhattan federal prosecutors announced Thursday that the former CEO of real estate investment firm ArciTerra was indicted, alleging he issued a bogus $77 million offer for WeWork shares in an ultimately failed attempt to cash in on call options after juicing the stock price.

  • March 14, 2024

    Fla. High Court Denies Atty Reinstatement After Bar Objection

    Florida's high court on Thursday denied the reinstatement of a Jacksonville-area attorney who was suspended after filing numerous unauthorized tobacco-related claims, saying he failed to produce "clear and convincing evidence" that he was rehabilitated after selling his firm to a longtime acquaintance under whom he was to be supervised.

  • March 14, 2024

    Most States Fall Short In Disclosing Justices' Finance Reports

    The vast majority of state supreme courts make it exceedingly difficult for the public to get information about justices' financial entanglements, and the information they do give out is often scant at best, according to a report released Thursday.

  • March 14, 2024

    Fla. Atty Disbarred For Practicing Law After Suspension

    The Florida Supreme Court has disbarred an immigration attorney for practicing law while he was suspended after an investigation found he inappropriately texted and then fired women he worked with as an elected public defender.

Expert Analysis

  • Opinion

    States Must Fight Predatory Real Estate Listing Agreements

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    As momentum against long-term real estate listing agreements continues to grow, states should take action to render existing agreements unenforceable and discourage future unfair and deceptive trade practices in real estate, says Elizabeth Blosser at the American Land Title Association.

  • Steps To Success For Senior Associates

    Excerpt from Practical Guidance
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    Adriana Paris at Rissman Barrett discusses the increased responsibilities and opportunities that becoming a senior associate brings and what attorneys in this role should prioritize to flourish in this stressful but rewarding next level in their careers.

  • How To Avoid A Zombie Office Building Apocalypse

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    With national office vacancy rates approaching 20%, policymakers, investors and developers will need to come together in order to prevent this troubling trend from sucking the life out of business districts or contaminating the broader real estate market, say Ryan Sommers and Robyn Minter Smyers at Thompson Hine.

  • Legal Profession Must Do More For Lawyers With Disabilities

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    At the start of Disability Pride month, Rosalyn Richter at Arnold & Porter looks at why lawyers with disabilities are significantly underrepresented in private practice, asserting that law firms and other employers must do more to conquer the implicit bias that deters attorneys from seeking accommodations.

  • Scope Of Fla. Anti-ESG Law: What We Know And Don't Know

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    Florida's ambitious new law restricting the use of ESG factors takes effect July 1, and even businesses not directly affected should study H.B. 3, as it may be the harbinger of more expansive restrictions to come in Florida and elsewhere, says Bessie Daschbach at Hinshaw.

  • NBA Players Must Avoid Legal Fouls In CBD Deals

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    The NBA’s recently ratified collective bargaining agreement allows athletes to promote CBD brands and products, but athletes and the companies they promote must be cautious of a complex patchwork of applicable state laws and federal regulators’ approach to advertising claims, says Airina Rodrigues at Brownstein Hyatt.

  • PGA, LIV Tie-Up Might Foreshadow Future Of Women's Soccer

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    The pending merger between PGA Tour and LIV Golf is entirely consistent with the history of American professional sports leagues that faced upstart competitors, and is a warning about the forthcoming competition between the National Women's Soccer League and the USL Super League, says Christopher Deubert at Constangy Brooks.

  • Justices' Retrial Ruling Will Be Key In Complex Venue Cases

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    The U.S. Supreme Court’s recent Smith v. U.S. decision, holding that defendants first tried in an improper venue may be reprosecuted in a different jurisdiction, raises several issues for criminal cases involving complex venue questions, particularly those concerning the use of technology or products located in different districts, says Matthew Koerner at Perkins Coie.

  • Opinion

    Congress Should Pass Bipartisan Immigration Reform Bill

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    By reforming visa allocation, expediting asylum processing, creating new employment visas and creating a path forward for individuals lacking permanent legal status, the recently introduced Dignity Act presents an opportunity for much-needed reform and deserves support from both sides of the aisle, says Laura Reiff at Greenberg Traurig.

  • How Attys Can Avoid Exposing Their Firms To Cyberattacks

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    Attorneys are the weakest link in their firms' cyberdefenses because hackers often exploit the gap between individuals’ work and personal cybersecurity habits, but there are some steps lawyers can take to reduce the risks they create for their employers, say Mark Hurley and Carmine Cicalese at Digital Privacy & Protection.

  • What's Notable In Fla. Data Privacy Law Targeting Big Tech

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    The recently enacted Florida Digital Bill of Rights seems aimed at Google, Amazon and Apple, but service providers for these companies may still find themselves assisting with FDBR compliance and should be aware of the law's high applicability bar, exemptions and other requirements, say attorneys at Mintz.

  • Foreign Investment In Real Estate Is Getting More Complicated

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    Increasing federal scrutiny and a proliferation of new state laws targeting foreign investment in real estate may complicate or prevent transactions even by U.S. companies or funds that have shareholders or limited partners from China and other countries of concern, say attorneys at Akin.

  • Virginia 'Rocket Docket' Slowdown Is Likely A Blip

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    After being the fastest or second-fastest federal civil trial court for 14 straight years, the Eastern District of Virginia has slid to 18th place, but the rocket docket’s statistical tumble doesn't mean the district no longer maintains a speedy civil docket, says Robert Tata at Hunton.

  • Managing Public Pension Plans During An Election Cycle

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    With the 2024 elections fast approaching, investment advisers managing public pension plan assets must consider political contributions by their personnel in order to ensure compliance with the pay-to-play rule and other statutory, regulatory and contractual requirements, say attorneys at Dechert.

  • High Court Cert Denial Puts New Spotlight On Plea Bargains

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    The U.S. Supreme Court’s refusal to hear Davis v. U.S. — provoking two justices’ dissent — highlights a lesser-known circuit split on whether an attorney's failure to pursue a plea agreement constitutes ineffective assistance of counsel, and will likely spur several key changes in criminal law practice, says Spencer Gottlieb at Perkins Coie.

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