A federal judge in Seattle has refused to throw out liquidator Xcess Ltd.'s lawsuit seeking to recoup nearly $140 million in alleged overpayments to Amazon, concluding the plaintiff has shown the e-commerce giant "intentionally and knowingly ignored its contractual obligation" under a deal to sell surplus inventory to Xcess.
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TOP NEWS

Amazon Can't Exit Liquidator's Alleged $140M Overcharge Suit

By Rachel Riley

A federal judge in Seattle has refused to throw out liquidator Xcess Ltd.'s lawsuit seeking to recoup nearly $140 million in alleged overpayments to Amazon, concluding the plaintiff has shown the e-commerce giant "intentionally and knowingly ignored its contractual obligation" under a deal to sell surplus inventory to Xcess.

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Hewlett Packard Hits Exec With AI Trade Secret Suit

By Adam Lidgett

Hewlett Packard Enterprise says in a Colorado federal court suit that an executive it has placed on administrative leave is improperly in possession of trade secrets covering an artificial intelligence tool he oversaw the development of.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.

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LEGAL ETHICS & MALPRACTICE

Buzbee Fights $2.5M Fee Bids In Dismissed Conspiracy Suits

By Lynn LaRowe

Prominent Houston plaintiffs attorney Tony Buzbee has urged a Texas state court to reject what he called the "incredible sum" of roughly $2.5 million in combined attorney fees sought by Quinn Emanuel Urquhart & Sullivan LLP and a Mississippi lawyer after defeating claims that they conspired with rapper Shawn "Jay-Z" Carter to retaliate against Buzbee and two of his former clients.

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POLICY & REGULATION

Treasury Seeks To Expand Curbs On AI And Biotech Deals

By Dylan Moroses

The U.S. Treasury Department is looking to expand its security program for foreign-based investments to cover new technologies and countries of concern, proposing rules that would prohibit certain investments in artificial intelligence and biotechnologies while also creating new exceptions for the program.

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REAL ESTATE & DEVELOPMENT

Mexican Builder Says CFE $26M Award Feud Isn't Over Yet

By Caroline Simson

A Mexico City company with ties to the Spanish construction giant OHLA is urging a New York federal judge to reconsider her decision this month to dismiss as moot the company's bid to enforce sums not yet paid under a $26 million arbitral award it won against Mexico's state-owned electricity utility.

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Colo. Real Estate Co. Says Investor Misread PE Priority Deal

By Nate Beck

A Colorado industrial real estate firm seeking to exit a state court lawsuit argued that an investor retained its share in the company without scrutinizing a 2023 deal that gave a private equity firm control of the company and a priority stake in exchange for a $26.5 million investment.

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ENERGY & ENVIRONMENTAL

Amazon Seeks Atty Emails Over Alleged Solar Asset Fraud

By Ben Adlin

Amazon Energy LLC asked a Washington state judge Friday to review emails between two law firms and their clients, claiming the communications aren't subject to attorney-client privilege because they outline a fraudulent scheme to scuttle two solar power deals with Amazon and secure more lucrative contracts.

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TECHNOLOGY

Legal Tech Co. Clio Says AI Co. Can't Revive Lapsed Data Deal

By Matt Perez

Legal tech company Clio has asked a Virginia federal court to declare it doesn't have to re-up the case law data feed it once shared with artificial intelligence research platform Ross Intelligence, saying the deal became inactive after Ross let its $50,000 annual payments fall by the wayside in 2020 shortly before shutting down its platform.

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INSURANCE

Insurer Escapes Policyholder Restructuring Fraud Row

By Danielle Ferguson

A group of policyholders failed to show that Genworth Life Insurance Co. committed fraudulent transfers by terminating various reinsurance agreements and issuing dividends to parent companies, the Delaware Chancery Court has ruled, saying the suit itself was an impermissible "collateral attack" that sought to undo regulatory approval for a restructuring.

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Brief

Conn. Town Appeals Loss In $11M Quarry Deal Coverage Case

By Brian Steele

A Connecticut town will challenge a federal judge's ruling that several insurers are free of any coverage obligations for an $11 million settlement over the politically motivated shutdown of a local quarry, court records show.

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INTELLECTUAL PROPERTY

Salsa Producer Had Rights To 3 Albums, Jury Finds

By Carolina Bolado

A federal jury in Miami came back with a mixed verdict Friday in a dispute between a Venezuelan salsa composer and his former business partner and producer, finding the producer had a valid license for three of the six albums at issue and owned one of two trademarks.

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SPORTS & BETTING

Judge Reopens NC State Player's NCAA Eligibility Suit

By Alex Lawson

A federal judge reopened a North Carolina State University football player's eligibility suit against the NCAA on Monday after the player's attorneys informed the court that they have been unable to fully resolve the case.

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MEDIA & ENTERTAINMENT

LA Producer Sues Tony Robbins, Fox Over 'Man's Search' Film

By Dorothy Atkins

A Los Angeles producer has sued Tony Robbins, Fox Corp., her former business partner and multiple other entities in California federal court, alleging they engaged in "disloyalty, concealment and self-dealing" and iced her out of adapting Holocaust survivor Viktor Frankl's best-selling memoir "Man's Search for Meaning" into a feature-length film.

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SECURITIES & WHITE COLLAR

BellRing Investors' Sales-Growth Claims Narrowed By Court

By Katryna Perera

A New York federal judge has significantly narrowed a proposed class action against BellRing Brands, the owner of Premier Protein and other supplement brands, dismissing challenged statements about retailer stockpiling, promotions and competition, as well as claims against the company's board chair.

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BANKRUPTCY

NC Justices Find Bankruptcy Paused Debt Collection Deadline

By Yun Park

North Carolina's highest court has ruled that the automatic stay of a man's bankruptcy extended the deadline for a South Carolina real estate rental company to collect a debt he owed it, reversing a lower state court decision that found the company had missed its window.

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TRANSPORTATION

Stellantis Tells 2nd Circ. To Reject Car Inventory Fraud Suit

By Linda Chiem

Stellantis and two former executives have told the Second Circuit that a New York federal judge correctly dismissed a proposed securities fraud class action accusing the automaker of loading dealerships with excess vehicle inventory in order to pump up Stellantis' operating margins.

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EXPERT ANALYSIS

2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy

In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.

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How Senate-Passed Bill May Reshape NCAA Antitrust Liability

With the U.S. Senate's recent passage of the Protect College Sports Act, practitioners should not wait for the U.S. House of Representatives' approval to prepare for shifts in potential antitrust protections, compensation, media rights deals and conference mergers, say attorneys at Norton Rose.

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LEGAL INDUSTRY

Brief

Fenwick & West To Match $235K Salary Scale For Associates

By Tracey Read

Fenwick & West LLP is reportedly the latest firm that will raise associate pay in the new year.

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Ex-Fla. Bar Prez Accused Of Botching $350M Estate Claim

By Carolina Bolado

The widow of a Miami real estate investor is suing a former president of the Florida Bar for malpractice, claiming his botched representation left her without a claim to her late husband's $350 million estate.

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4th Circuit Says W.Va. Daniel's Law Is Unconstitutional

By Rose Krebs

The Fourth Circuit on Tuesday affirmed a district court determination striking down as unconstitutional West Virginia's law restricting the publication of the home addresses and phone numbers of law enforcement and judicial officials, saying the district court applied "well-established" First Amendment principles.

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LAW FIRMS IN TODAY'S NEWS

Adams & Reese

Avila Rodriguez

Ballard Spahr

Bernstein Litowitz

Bradley Arant

Bradley Bernstein Sands

Brownstein Hyatt

Bryan Cave Leighton Paisner

Buckmiller Boyette

Bursor & Fisher

Buzbee Law Firm

Byrnes Keller

Cooley LLP

Davis Wright Tremaine

Dentons

Fenwick & West

Flaherty Sensabaugh

Freshfields

Gaskins Hancock

Gibson Dunn

Hermes Law PC

Holland & Knight

Hueston Hennigan

Hunton Andrews

Hutchinson Black

Ireland Stapleton

Jones Day

K&L Gates

Kirkland & Ellis

Krevolin & Horst

Latham & Watkins

Lester Schwab

Lewis Baach

Lewis Brisbois

Loretta A. Preska

McCollom D'Emilio

Milano & Wanat

Milbank LLP

Norton Rose

Orrick Herrington

Pullman & Comley

Quinn Emanuel

Richards Layton

Robbins Geller

Robinson & Cole

Sanchez-Medina Gonzalez

Shapiro Haber

Shumaker Loop

Shuman McCuskey

Simpson Thacher & Bartlett

Spilman Thomas

Sullivan & Cromwell

Wilson Sonsini

Winget Spadafora

Wolfe Law Miami

COMPANIES IN TODAY'S NEWS

Above the Law

Activision Blizzard Inc.

Albertsons Cos. Inc.

Amazon.com Inc.

Anywhere Real Estate Inc.

BARBRI

BellRing Brands Inc.

C&S Wholesale Grocers

CIM Group Inc.

Compass Minerals International, Inc.

Everyrealm

Fox Corp.

Frost PLLC

Genworth Financial Inc.

GitHub Inc.

Glock Inc.

Hewlett Packard Enterprise Co.

JPMorgan Chase & Co.

LexisNexis Legal & Professional

LexisNexis Risk Solutions Inc.

London Court of International Arbitration

London Stock Exchange Group PLC

Microsoft Corp.

National Collegiate Athletic Association

RE/MAX LLC

RELX PLC

ROC Nation LLC

ServiceTitan Inc.

Starr International Co. Inc.

Stellantis NV

Structure Therapeutics Inc.

The Florida Bar

The Kroger Co.

Themis Solutions Inc.

Thomson Reuters Corp.

Thryv Inc.

Verisk Analytics Inc.

Whitepages Consumer Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Secretary of State

Delaware Attorney General's Office

Delaware Court of Chancery

Delaware Department of Insurance

Federal Trade Commission

Texas Supreme Court

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Commerce

U.S. Department of the Treasury

U.S. District Court for the Central District of California

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Washington

U.S. House of Representatives

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado