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."  

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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.

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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.

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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.

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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.

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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."

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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."

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Sitting Judges Take Stand Over Threats Growing 'Ordinary'

By Jake Maher

On the heels of an ethics opinion giving them wider latitude to speak publicly, sitting federal judges brought attention Thursday to the increasing threats against them and their family members, warning about the dangers of such threats becoming "ordinary."

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Anatomy Of A Citation Hallucination: AI Edit, Associate Review

By Rachel Riley

Counsel for consumers in a supplement labeling lawsuit against Amazon responded Wednesday to a Seattle federal judge's order to explain an AI-hallucinated citation, saying the error was introduced by a generative artificial intelligence tool used to "harmonize" drafts of a brief, then missed by a fifth-year Boies Schiller associate tasked with checking the citations.

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Jackson Walker, US Trustee Reach Deal On Fee Settlements

By Vince Sullivan

The Office of the U.S. Trustee and law firm Jackson Walker LLP on Wednesday resolved the bankruptcy watchdog's opposition to a series of settlements tied to a romantic relationship between a former Jackson Walker attorney and a now-retired bankruptcy judge.

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Judge Quashes Subpoena Of 5 Firms That Repped Twitter

By Rae Ann Varona

A Delaware federal court ruled Thursday that six former Twitter employees cannot subpoena five law firms that represented the social media company in connection with its acquisition by Elon Musk, rejecting the employees' "conclusory allegations" that the company and Musk used the firms to make false promises of severance benefits.

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Nomination For New DOJ Fraud Chief Heads To Senate Floor

By Courtney Bublé

The nomination of Colin McDonald for the new position of assistant attorney general for fraud was sent to the full Senate on Thursday, after the Judiciary Committee voted 12-10 along party lines to advance his nomination.

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Judge Digs Into Counsel Over 'Astronomically High' Fee Bid

By Nadia Dreid

Attorneys who represented classes of people who say they received harassing phone calls from real estate agents in violation of federal telemarketing laws are asking for way too much of the $20 million settlement, according to the California federal judge who tore into them Wednesday.

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DOJ Antitrust Head Tells Staff: Don't Worry About Criticism

By Bryan Koenig

The acting head of the U.S. Department of Justice Antitrust Division said Thursday that he pays no heed to criticism of the agency and tells staff to do the same, while asserting in Washington, D.C., remarks that there's no better time to come work for the DOJ.

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Fired 'Arctic Frost' Agents Accuse FBI Of Political Retribution

By Dorothy Atkins

Two former FBI agents who worked on the "Arctic Frost" investigation into President Donald Trump's attempts to overturn his 2020 election loss have accused the government of abruptly firing them in an unconstitutional act of "political retribution."

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