Live Nation CEO Says He Can't Recall 'Market Power' Remark

By Pete Brush

Live Nation's longtime CEO sparred Thursday with states that say the $36 billion entertainment giant engages in monopolization, telling a Manhattan federal jury the business is a "better mousetrap" than rivals and saying he couldn't recall telling investors the company has "incredible market power."  

Read full article » | Save to favorites »

MLB Deals With Polymarket, CFTC For Sports Market 'Integrity'

By Aislinn Keely

Major League Baseball said Thursday that it has struck an exclusive licensing deal with Polymarket to bolster the brand and promote the "integrity" of the baseball-focused prediction markets on the platform, and separately reached a first-of-its-kind information-sharing agreement with the U.S. Commodity Futures Trading Commission.

Memorandum attached | Read full article » | Save to favorites »

5th Circ. Weighs Release Of Apple IP Agreements To Xiaomi

By Spencer Brewer

A Fifth Circuit panel on Thursday asked why patent licensing agreements between Apple Inc. and Blackberry Corp. should be circulated beyond outside counsel of a Chinese rival to Apple involved in overseas litigation, questioning the parties on why they "can't live" with an exclusion preventing in-house counsel from seeing the records.

Read full article » | Save to favorites »

Chance The Rapper Could 'Smell Court' Before Firing Manager

By Lauraann Wood

Chance the Rapper felt his once-close relationship with his former manager straining after he couldn't accept a Grammy Award on his own, but the rapper could really "smell court" once the manager sent a letter mischaracterizing their dynamic and the role he played in it, Illinois jurors heard Thursday.

Read full article » | Save to favorites »

Conn. Class Action Over 'Inflated' Realty Commissions Settles

By Brian Steele

A putative class action claiming antitrust violations against one of the biggest real estate firms in the Northeast has been settled, according to a judge's order on the Connecticut state court case docket.

Order attached | Read full article » | Save to favorites »

Oil Co. Needn't Give $105M To Bond Insurers, Judge Rules

By José Luis Martínez

A Texas federal judge found Thursday that two insurers are not entitled to receive some $105 million in collateral from Houston-based oil and gas producer W&T Offshore, approving a magistrate judge's report that noted the insurers' allegations are mere "speculation."

Order attached | Read full article » | Save to favorites »

TriZetto Wants To Expand IP Claims Against Infosys

By Elliot Weld

Cognizant TriZetto Software Group has asked a Texas federal judge to allow it to amend its trade secret suit against Infosys Ltd., saying a recent discovery has revealed that Infosys' alleged misconduct "goes much deeper."

Motion attached | Read full article » | Save to favorites »

Nokia, Warner Bros. Seek To End Video-Coding Patent Suit

By Adam Lidgett

Nokia and Warner Bros. on Thursday agreed to end a legal fight in Delaware federal court after the Hollywood studio earlier this month lost its bid to toss claims that it infringed a set of the Finnish company's video-coding patents.

Notice attached | Read full article » | Save to favorites »

Del. High Court Revives Banker's Pay Claims Against Firm

By Jarek Rutz

The Delaware Supreme Court has revived key claims brought by a former investment firm banker, ruling that a lower court went too far in blocking his case based on earlier findings that he was not a partner at the firm.

Opinion attached | Read full article » | Save to favorites »

Del. Supreme Court Revives Payscale's Noncompete Suit

By Jarek Rutz

The Delaware Supreme Court on Thursday revived Payscale Inc.'s lawsuit seeking to enforce an 18-month noncompete agreement and related restrictive covenants against a former sales executive, ruling that a lower court dismissed the case too early by improperly weighing facts and drawing inferences against the company.

Opinion attached | Read full article » | Save to favorites »

NC Justices Shouldn't Ax Severance Fight, Ex-CEO Says

By P.J. D'Annunzio

North Carolina's long-arm statute means its business court had jurisdiction to decide a lawsuit filed by the former CEO of a cybersecurity and IT firm over its alleged failure to buy out his equity interest as part of a severance agreement, he has argued to the state's high court in opposition to the company's appeal of a ruling keeping the case in the Tar Heel State.

Brief attached | Read full article » | Save to favorites »

AMG Bank Denies Duty In Synapse Fintech Collapse Case

By Sydney Price

AMG National Trust Bank on Thursday urged a Colorado federal judge to grant it a win in a suit attempting to hold it liable for monetary losses related to the collapse of fintech middleman Synapse Brokerage, saying it has no obligations to non-customers and it has cooperated with instructions to return nearly all the $110 million Synapse held in AMG accounts.

Motion attached | Read full article » | Save to favorites »

Ex-Judges Say Anthropic Case Doesn't Merit Court Deference

By Jared Foretek

Nearly 150 former judges are backing Anthropic's fight against its designation as a "supply chain risk" by the U.S. Department of Defense, telling the D.C. Circuit in an amicus brief that the judiciary shouldn't simply defer to the executive just because it invokes national security.

Brief attached | Read full article » | Save to favorites »

Restaurateurs Say Partner's Past Imperils Liquor License

By Matthew Santoni

The founders of a Pittsburgh restaurant say a third part-owner has jeopardized their business' liquor license by not telling them about his criminal convictions from more than a decade ago and his recent DUI arrests, and they asked a Pennsylvania state court to let them buy him out for a fraction of his original investment.

Complaint attached | Read full article » | Save to favorites »

LA Cannabis Shop Fights Shutdown Over $4.9M Tax Bill

By Jonathan Capriel

The new manager of a Los Angeles cannabis dispensary is suing state and city agencies in California state court to stop them from shutting down the business over a $4.9 million unpaid tax bill incurred by old management, arguing the agencies are acting arbitrarily and denying the managerial company due process.

Complaint attached | Read full article » | Save to favorites »

Stiiiizy Alleges Retailer Owes $1.2M On Contract

By Jonathan Capriel

Cannabis companies behind the Stiiizy brand are suing a San Diego-based retailer seeking $1.26 million, claiming in a state court lawsuit that they gave inventory and payroll funding, but the shop operator never paid it back.

Complaint attached | Read full article » | Save to favorites »

How Data Centers Can Prep For Legal Challenges Amid War

Amid conflict in the Middle East, data centers may now be exposed to state-level kinetic threats, creating significant legal, regulatory and contractual implications, so operators should update their legal and operational frameworks in order to withstand future disruptions and meet the regulator expectations, say attorneys at Baker Botts.

Read full article » | Save to favorites »

Duke Energy Settlement Raises Key Antitrust Questions

The recent federal court settlement in Duke Energy v. NTE Carolinas II comes in the wake of the U.S. Supreme Court's failure to address a Fourth Circuit decision in the matter, calling into question the core purpose and effect of antitrust laws, say attorneys at Clifford Chance.

Read full article » | Save to favorites »

5 Gov't Contractor Tips Following Anthropic Risk Designation

The Pentagon's designation of Anthropic as a supply chain risk is an unprecedented action that raises significant legal questions, and with government contractors already receiving directives and inquiries concerning their use of Anthropic products and services, there are several strategies contractors can use to manage risk, say attorneys at Mayer Brown.

Read full article » | Save to favorites »

How Bankrupt Cos. Can Seek Refunds For Illegal Tariffs

In light of the U.S. Supreme Court's recent decision striking down President Donald Trump's International Emergency Economic Powers Act tariffs as illegal, some companies may have strong prospects for recovering refunds from the government, and trustees in bankruptcy may have a significant role to play in seeking such recovery, say attorneys at Stinson.

Read full article » | Save to favorites »

Series

Coaching Soccer Makes Me A Better Lawyer

Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

Read full article » | Save to favorites »

HSF Kramer Hires Axinn Antitrust Lawyer In DC

By Jack Rodgers

Herbert Smith Freehills Kramer LLP has hired a former Axinn Veltrop & Harkrider LLP partner, who represented Google in an antitrust investigation into its advertising technology, and who has represented other global companies in competition and related matters.

Read full article » | Save to favorites »

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen an ex-professional footballer revive a dispute with Charles Russell Speechlys, Virgin Media face a group data protection claim after hundreds of thousands of customers' personal details were exposed online for months, and Mishcon de Reya sued by a real estate private equity firm founded by a former Morgan Stanley executive.

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Major shareholder groups sued the U.S. Securities and Exchange Commission, claiming the agency violated the Administrative Procedure Act. In the meantime, some attorneys think the sanctions that judges are issuing to lawyers over AI-generated errors won't be enough to stop the problem. These are some of the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

DOJ Rebuked Over Lack Of Candor For 'Imperious Client'

By Jack Karp

A Florida federal judge has rebuked government attorneys for failing to be up-front about legal authority that contradicts their position in a habeas case, warning them not to let their "imperious client" get between them and their ethical obligations.

Read full article » | Save to favorites »

Beasley Allen Can't Halt DQ Ruling In J&J Talc Litigation

By George Woolston

A New Jersey state appeals court has refused to pause its decision disqualifying the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, according to a court order.

Order attached | Read full article » | Save to favorites »

Where Calif. State Courts Landed On Generative AI Use Rules

By Emily Sawicki

The majority of California's 58 superior courts — together making up the country's largest trial court system — have decided to greenlight the use of generative artificial intelligence in their work this year, a Law360 investigation found.

25 documents attached | Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Baron & Budd PC, Walden Macht Haran & Williams LLP and Powers Pyles Sutter & Verville PC lead this week's edition of Law360 Legal Lions, after the Ninth Circuit revived a major hospital chain's False Claims Act suit accusing large pharmaceutical companies of massive overcharges in a prominent drug discount program.

Read full article » | Save to favorites »

Top SEC Enforcer Signals Continuity After Ryan Departure

By Sarah Jarvis

The U.S. Securities and Exchange Commission's acting enforcement chief said Friday that the agency will continue to "focus on quality over quantity" when it comes to the cases it brings, projecting continuity with his predecessor's approach after her abrupt departure from the agency earlier this week.

Read full article » | Save to favorites »

Roundup

Balancing The Scales: $3M Jury Verdict, GEO Appeal Denial

By Orlando Lorenzo

A Philadelphia federal judge rejected bids to disturb a $3 million jury award and impose sanctions on plaintiff's counsel arising from proceedings he described as "near-daily Festivus celebrations, where everyone got to air their grievances 'for the sake of the record'" and a Detroit man saw his murder conviction vacated after 27 years due to the case's reliance on a coerced confession and a lack of physical evidence, among other access to justice stories you may have missed.

Read full article » | Save to favorites »

Bondi Keeps Ousted Wisconsin US Atty With New Title

By Lauren Berg

U.S. Attorney General Pam Bondi swapped Brad D. Schimel's title from interim U.S. attorney to first assistant U.S. attorney for the Eastern District of Wisconsin in order to keep him in charge of the office after his tenure expired earlier this week.

Read full article » | Save to favorites »

In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

Read full article » | Save to favorites »