The Federal Trade Commission said Thursday that T-shirt manufacturer Gildan Activewear SRL has removed terms from its supply agreement with distributor S&S Holdings LLC that prevented Gildan from offering better prices to competing distributors.
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TOP NEWS

Gildan Changes T-Shirt Contract Terms After FTC Pressure

By Matthew Perlman

The Federal Trade Commission said Thursday that T-shirt manufacturer Gildan Activewear SRL has removed terms from its supply agreement with distributor S&S Holdings LLC that prevented Gildan from offering better prices to competing distributors.

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Fla. Court Vacates $5 Law Firm Sales In Litigation Funder Suit

By David Minsky

A Florida state court vacated an order allowing a discount sale of an attorney's $20 million worth of shares in three law firms to a litigation funder seeking to collect on an out-of-state judgment, saying the auction notice wasn't issued properly. 

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Analysis

New Fraud Division Flexes Might In Latest Enforcement Policy

By Phillip Bantz

The National Fraud Enforcement Division's new corporate enforcement policy emphasizes the quick pursuit of certain types of fraud through data analysis and staff resources, expands the target list beyond traditional healthcare providers and highlights the division's growing dominance within the U.S. Department of Justice, experts say.

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Analysis

The Rise Of White Collar Sports Cheating Scandals

By Alex Lawson

Throughout the history of professional sports, teams have tried to get an edge. When those efforts have veered into impropriety, it's usually stemmed from violations between the lines: sign-stealing, equipment tampering or spying. But that dynamic is shifting.

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LEGAL ETHICS & MALPRACTICE

Buzbee Faces $970K Fee Bid In Dismissed Conspiracy Cases

By Lynn LaRowe

A Mississippi lawyer is asking a Texas state court to award her more than $970,000 in fees after defeating claims that she and her law firm conspired with rapper Shawn "Jay-Z" Carter and Quinn Emanuel Urquhart & Sullivan LLP to retaliate against prominent Houston plaintiffs attorney Tony Buzbee and two of his former clients.

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REAL ESTATE & DEVELOPMENT

Fla. Panel Reverses Atty Fees Award In Atty's POA Dispute

By Isaac Monterose

A Florida appellate court has reversed an attorney fees award in a property purchase dispute involving a Florida attorney, a local property owners association and other parties.

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PRODUCT LIABILITY

Amazon Sued Over Child And Woman's Fire Pit Fuel Burns

By Mike Curley

A minor and a family friend are suing Amazon.com Inc. in a New Jersey state court, alleging they were severely burned when a defective fueling bottle for a tabletop fire pit experienced "flame jetting" while the fire pit was being refueled.

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MEDIA & ENTERTAINMENT

Fired Bassist Drops Conn. Contract Suit Against Metal Band

By Aaron Keller

The co-founder and longtime bass player for Grammy-nominated metal band Hatebreed has withdrawn a Connecticut state court lawsuit against the musical ensemble's singer and a related corporate entity, dropping all allegations his 2024 ouster was a breach of contract that caused him emotional distress.

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'Chicken Soup' Parent Owes $25M Judgment, Investor Says

By Aaron Keller

The entity that manages self-help book publisher Chicken Soup for the Soul Holdings LLC should be ordered to pay $25 million after a sale of most of an affiliate's assets never materialized, according to an investor seeking to recover some of its alleged $50 million in losses.

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WHITE COLLAR

Ex-Coal Exec's Bribe Sentencing Paused Amid Witness Claims

By Phillip Bantz

A Pennsylvania federal judge agreed Wednesday to reschedule an upcoming sentencing hearing for a former coal executive convicted of authorizing bribes to an arm of the Egyptian government, after his attorneys flagged new allegations against a star witness for the prosecution.

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EXPERT ANALYSIS

Series

Mentalism Makes Me A Better Lawyer

Convincing strangers I can read their minds may seem like an unusual second career for a legal practitioner, but both disciplines share several important requirements, including trust and preparation, says Warren Biro at Manatt.

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8th Circ. Ruling Limits Receiver Insurance Recovery Rights

The Eighth Circuit's recent ruling in King v. Texas Insurance illustrates a practical limit on receivership powers: A receiver may marshal insurance proceeds belonging to the estate but cannot expand the insured's contractual rights or make policy proceeds collectible unless the coverage triggers are satisfied, say attorneys at Kutak Rock.

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How AI Is Reshaping The Structure Of Crypto Venture Deals

As founders at the intersection of crypto and artificial intelligence increasingly face capital-raising quandaries, parties structuring crypto venture deals should weigh how equity, token and hybrid financings allocate value to avoid tricky contractual governance and fiduciary law questions down the line, say attorneys at Cahill Gordon.

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Zillow-Redfin Settlement Spotlights Nontraditional-Deal Risk

The Federal Trade Commission's recent settlement with Zillow and Redfin serves as a reminder that authorities are increasingly interested in challenging nontraditional transaction structures that effectively eliminate a market participant, which includes some exclusivity arrangements, say attorneys at Freshfields.

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LEGAL INDUSTRY

Sheppard Mullin Hit With Class Action Over Data Breach

By Jake Maher

A former Sheppard Mullin Richter & Hampton LLP paralegal launched a proposed class action against the firm in California federal court on Wednesday over a cyberattack it had in August, in which she says at least 1,000 people's names and Social Security numbers were stolen.

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IP Rights Group Urges Against Litigation Funding Disclosure

By Elliot Weld

An inventor rights advocacy group has told a federal courts rules committee that requiring the disclosure of who is funding civil litigation would put independent inventors at a disadvantage when trying to enforce patents against a larger company.

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Cornell Defendant Seeks To Nix James As Special Prosecutor

By Andrea Keckley

One of the seven men accused of drugging and raping a fellow Cornell University student at a fraternity home has asked a New York state court to void Gov. Kathy Hochul's appointment of New York Attorney General Letitia James as special prosecutor in the case.

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Gov't Attys Could Face Sanctions Over AI Use Omissions

By Madeline Lyskawa

A U.S. Court of Federal Claims judge has ordered four government attorneys to explain why they shouldn't be sanctioned for making factual misrepresentations about the U.S. Army's use of artificial intelligence to evaluate contract proposals.

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Split Congress Could Spur Competing Probes, Cleary Finds

By Courtney Bublé

If the new year brings an era of divided Congress, then "dueling investigations" into the same topics should be expected, Cleary Gottlieb Steen & Hamilton LLP said in a report it released Thursday.

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Fla. Judge Says Oct. 7 Attack Was 'Inflection Point' For U.S.

By David Minsky

U.S. District Judge Roy K. Altman addressed a small group of attorneys in a Florida law office to speak on his book about the October 2023 Hamas-led attack on Israel, saying public debate over facts surrounding the event and underlying feud has reached an "inflection point" in America.

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Dems Says GOP Broke Senate Rules In Jack Smith Hearing

By Courtney Bublé

The Democrats on the Senate Judiciary Committee have accused Republicans of violating committee rules during a hearing last week with former special counsel Jack Smith.

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LAW FIRMS IN TODAY'S NEWS

Arnold & Porter

Baker & Hostetler

Block & Scarpa

Bracewell LLP

Bradley Arant

Buzbee Law Firm

Cahill Gordon

Cleary Gottlieb

Fox Rothschild

Freshfields

Gelber Schachter

Gibson Dunn

Graubard Miller

Halloran & Sage

Herrick Feinstein

Hinckley Allen

Kutak Rock

MJ Legal PA

Manatt Phelps

McDermott Will & Schulte

Miller & Chevalier

Morgan & Morgan PA

Morgan Lewis

Nason Yeager

Nesenoff & Miltenberg

Paul Hastings

Paul Weiss

Quinn Emanuel

R. McConnell Group PLLC

Reed Smith

Reitler Kailas

Roniel Rodriguez IV PA

Sheppard Mullin

Steptoe LLP

Strauss Borrelli

Sullivan & Cromwell

Tobin Carberry

Tripp Scott

Vedder Price

Wachtell Lipton

WilmerHale

Wright Ponsoldt

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

Andreessen Horowitz LLC

Anthropic PBC

Atlanta Hawks

Cornell University

Databricks Inc.

Enterprise Bancorp Inc.

Enterprise Financial Services Corp.

Gildan Activewear Inc.

Kik Interactive Inc.

LinkedIn Corp.

Los Angeles Clippers

Los Angeles Lakers

PepsiCo Inc.

ROC Nation LLC

Redbox Automated Retail LLC

SVB Financial Group

Southern Glazer's Wine & Spirits LLC

Toyota Motor Corp.

United Nations Children's Fund

Virage Capital Management LP

Walmart Inc.

Yale University

Zillow Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Executive Office of the President

Federal Trade Commission

Florida Supreme Court

Food and Drug Administration

New York Attorney General's Office

Texas Supreme Court

Texas Tenth Court of Appeals

U.S. Army

U.S. Attorney's Office for the Western District of Pennsylvania

U.S. Bankruptcy Court for the District of Delaware

U.S. Consumer Product Safety Commission

U.S. Court of Appeals for the Eighth Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

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 Virginia

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 Missouri

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

U.S. Securities and Exchange Commission