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TOP NEWS
Fannie, Freddie Investors' $612M Trial Win Affirmed
By Katryna Perera
The D.C. Circuit on Friday affirmed a $612 million jury verdict against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, agreeing with a lower court's finding that the jury was provided with "ample evidence" reasonably leading to its conclusion that FHFA improperly amended stock purchase agreements related to the companies.
Opinion attached |
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REAL ESTATE & DEVELOPMENT
Roundup
UK Litigation Roundup: Here's What You Missed In London
By Megan Norcott
The past week in London has seen financial advice firm Smith Square Partners sue ailing social housing company Home REIT, Pogust Goodhead hit with a contract claim by one of its investors, and Entain faced with its latest claim in expanding litigation linked to alleged bribery at its former Turkish business. Here, Law360 looks at these and other new claims in the U.K.
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INSURANCE
Insurer Hit With Bad Faith Suit In 'Grow-House' Fire Claim
By Jonathan Capriel
Two landlords are demanding their insurance company pay for needed repairs to their Los Angeles area property after a renter's illegal cannabis growing setup sparked a fire, according to a lawsuit filed in California state court, accusing the provider of wrongfully denying coverage for fire-related repairs by reclassifying them as tenant damage.
Complaint attached |
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CONSUMER PROTECTION
Microsoft Seeks To Pause Or Exit Teams BIPA 'Voiceprint' Suit
By Rachel Riley
Microsoft urged a Washington federal judge Thursday to pause a proposed class action alleging its Teams software illegally intercepts meeting participants' "voiceprints" and force several of the Illinois residents to arbitrate their claims individually, or else dispose of the revised complaint entirely on the grounds that the plaintiffs still haven't detailed their interactions with the challenged feature.
2 documents attached |
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INTELLECTUAL PROPERTY
EMPLOYMENT
COMPETITION
DEALS
CANNABIS
HEALTHCARE & LIFE SCIENCES
CVS Seeks Toss Of Hospitals' 340B Suits In NY, Mich.
By Hope Patti
CVS urged New York and Michigan federal courts to toss separate suits brought by hospital operators accusing the health giant of diverting savings from the federal 340B Drug Pricing Program to itself, saying the suits purport to raise key questions about the program when they actually concern simple contract disputes.
2 documents attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Law360's Legal Lions Of The Week
By Kevin Penton
Sullivan & Cromwell LLP and McGuireWoods LLP lead this week's edition of Law360 Legal Lions, after the Fourth Circuit reversed class certification in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet.
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