The Delaware Chancery Court this past week saw disputes over allegedly fabricated board approvals at a telecom infrastructure startup, insider trading and child safety at Roblox Corp. and ownership of artificial intelligence technology used in legal proceedings.
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TOP NEWS

Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week saw disputes over allegedly fabricated board approvals at a telecom infrastructure startup, insider trading and child safety at Roblox Corp. and ownership of artificial intelligence technology used in legal proceedings.

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Amazon Halts 21 Air Cargo Flights, Faces New Crash Suit

By Linda Chiem

Amazon has suspended operations with cargo carrier partner 21 Air LLC, a week after one of its planes overran a runway at Miami International Airport and plowed into vehicles, killing five people, as the company faces another negligence and wrongful death lawsuit over the wreck.

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Mobileum Ex-CFO Seeks More Than $2M In Legal Fees

By Jarek Rutz

Former Mobileum Inc. Chief Financial Officer Andrew Warner has sued the company in the Delaware Chancery Court, seeking more than $2 million in legal fees tied to a federal criminal case and accusing Mobileum of reversing its position after repeatedly recognizing his right to have those expenses advanced.

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INSURANCE

Aetna Tells 5th Circ. DOL Can't Block Aramark Suit Arbitration

By Kellie Mejdrich

Aetna Life Insurance Co. urged the Fifth Circuit on Monday against the U.S. Department of Labor's argument that uniform company Aramark Services Inc.'s health claims dispute with the insurer should remain in court, arguing a Texas judge erred in declining to enforce the parties' binding arbitration agreement.

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State Farm Spared Treble Damages In Policyholders' $38M Win

By Danielle Ferguson

A Washington federal judge on Monday said policyholders failed to show they were entitled to enhanced damages after the court determined State Farm shorted them on payouts for totaled vehicles, finding class members had already been fully compensated by the $38 million in actual damages they were already awarded.

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5th Circ. Won't Hear 'My 600-lb Life' Reality Show Dispute

By Hope Patti

A split Fifth Circuit refused to entertain legal questions about whether "My 600-lb Life" counts as reality television in a dispute over coverage for underlying suits brought by the show's participants, saying in a published opinion Monday that the show's producers forfeited the argument on appeal.

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5th Circ. Frees Ericsson Insurers In Terrorism Funding Row

By Spencer Brewer

The Fifth Circuit found that multiple insurers have no duty to defend Ericsson Inc. against claims the company funded foreign terrorist organizations, saying that the suit brought by two groups of American victims of terrorist attacks alleged the company committed grave harm.

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HEALTHCARE & LIFE SCIENCES

Nektar 'Desperate' To Develop Rezpeg, Lilly Exec Tells Jury

By Bonnie Eslinger

An Eli Lilly executive told a California federal jury on Monday in Nektar's $1 billion breach of contract suit against the pharma giant that his handwritten note from a meeting with Eli Lilly's CEO about Nektar being "desperate" was about the struggling company's need for its autoimmune-disease drug Rezpeg to succeed.

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INTELLECTUAL PROPERTY

Fed. Circ. Saves Broadcom IP Suit, Says License Was Intact

By Theresa Schliep

The Federal Circuit on Monday breathed new life into a company's patent and copyright infringement case against Broadcom Inc., saying in a precedential opinion that the plaintiff company didn't lose its right to bring the action when it switched its business to intellectual property enforcement.

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MEDIA & ENTERTAINMENT

Cumulus Tells 2nd Circ. Even Brief Stay Of Nielsen Order Is Bad

By Nadia Dreid

Cumulus Media says it's going to be irreparably harmed if the Second Circuit doesn't lift the administrative stay it put in place stopping a preliminary injunction that Nielsen is challenging for the second time from going into effect while the appellate court looks at the matter.

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SPORTS & BETTING

Senators Draw Battle Lines Over Sweeping College Sports Bill

By Alex Lawson

U.S. senators on Monday made public statements on their positions either for or against a bill aimed at comprehensively regulating college sports, forecasting a bitter fight over the bill's passage in the upper chamber.

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Brief

Clippers Won't Take NBA To Court Over Salary Cap Sanctions

By Alex Lawson

Nearly two weeks after lawyers for the Los Angeles Clippers vowed to explore "every legal remedy" to challenge the NBA's sanctions against the franchise for violating salary cap rules, the team's owner has changed course and will comply with the league's decision.

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EMPLOYMENT

Colo. Justices Won't Review $3.36M Verdict Against Gas Co.

By Zach Dupont

The Colorado Supreme Court unanimously declined on Monday to hear the case of a natural gas marketing company appealing a $3.36 million jury verdict in favor of its former trading director who accused the company of failing to pay out a bonus related to his trades.

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SECURITIES & WHITE COLLAR

Desktop Metal Noteholders Hit Nano With $115M Fraud Suit

By Emlyn Cameron

Twenty investment funds sued digital manufacturing company Nano Dimension Ltd. and another entity, alleging the two committed fraud when Nano merged with 3D printing defense contractor Desktop Metal and pushed the subsidiary into bankruptcy to dodge $115 million in debt.

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Hyliion Investors End Suit Over Data Center Deal

By Isaac Monterose

A proposed class of Hyliion Holdings Corp. investors has voluntarily dropped its suit against the linear generators company, which was accused in Texas federal court of overhyping a data center partnership with an artificial intelligence infrastructure company.

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COMPETITION

SpaceXAI Drops Apple In Antitrust Claims For OpenAI Deal

By Spencer Brewer

SpaceXAI on Monday dropped its claims that Apple breached antitrust laws by signing a deal with OpenAI to integrate ChatGPT into the iPhone but kept its claims against OpenAI Foundation intact.

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Missing Agreement Sinks Conn. IT Firm's No-Poach Suit

By Brian Steele

An information technology company failed to prove the existence of an oral agreement that a subcontractor would not pursue its clients, defeating its claims over the loss of a municipal contract with the town of Hamden, Connecticut, a state court judge ruled.

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RETAIL & E-COMMERCE

Ex-NFL Player's Former Fiancée Sued Over Lash Salon Rift

By George Woolston

Former business partners have accused the ex-fiancée of retired NFL wide receiver Victor Cruz in New Jersey federal court of self-dealing and using their businesses' bank accounts to subsidize other businesses she ran.

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CANNABIS

Mich. Cannabis Regulators Seek Exit From Buyout Suit

By Jonathan Capriel

Michigan cannabis regulators are asking a federal court to dismiss an entrepreneur's lawsuit that claims they coordinated with JARS Holdings to push him out of the cannabis business while smearing his professional reputation, arguing that JARS, not the agency, is the source of his harm.

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LEGAL INDUSTRY

How States' 'Perry Mason Moment' Led To $17B Meta Deal

By Dorothy Atkins

A recent landmark $17.1 billion settlement with Meta Platforms Inc. may have never happened if it weren't for a quick-thinking trial attorney and his close-knit team of lawyers representing 29 states, who worked together to swiftly shift strategies midtrial.

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Ashurst Perkins Aided $230M ICap Ponzi Scheme, Suit Claims

By Ben Adlin

Ashurst Perkins Coie pocketed millions of dollars in legal fees by providing services to clients it knew were operating a Ponzi scheme that ultimately swindled investors out of nearly $230 million, plaintiffs claimed in a Washington state lawsuit accusing the firm of aiding and abetting fraud.

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Trump Taps Ex-DOL Official To Serve As EEOC Top Cop

By Anne Cullen

The White House nominated a former Morgan Lewis & Bockius LLP attorney who previously led the U.S. Department of Labor's contractor compliance arm to serve as the general counsel of the U.S. Equal Employment Opportunity Commission.

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Washington Sen. Murray Vows To Block Trump US Atty Pick

By Courtney Bublé

President Donald Trump's nominee to be U.S. Attorney for the Western District of Washington is under fire from one of the home state senators who vowed to use every avenue possible to block him.

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Fla. Judge Won't Pause Trump-IRS Settlement Sanctions

By Jack McLoone

The Florida federal judge who barred President Donald Trump and others from citing a settlement resolving what she characterized as a sham $10 billion case against his own Internal Revenue Service won't pause her sanctions order while the president appeals to the Eleventh Circuit.

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4th Circ. Appears Split On Reviving Comey, James Indictments

By Jared Foretek

Partisan splits were apparent Tuesday on the Fourth Circuit panel hearing the Trump administration's challenge to a federal district judge's dismissal of the indictments of former FBI Director James Comey and New York Attorney General Letitia James, with two of the three judges appearing to agree an improper appointment doomed the cases.

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Brief

Calif. Judge Charged Over Fatal Crash With Bicyclist

By Craig Clough

California Attorney General Rob Bonta announced Tuesday that his office charged Kings County Superior Court Judge Kendra Weber with a misdemeanor count of vehicular manslaughter, alleging she struck and killed a bicyclist.

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LAW FIRMS IN TODAY'S NEWS

Alston & Bird

Ashurst Perkins

Axinn

Badgley Mullins

Bailey & Glasser

Brito PLLC

Brown Pruitt

Cantey Hanger

Carmichael Ellis

Carta McAlister

Condon Tobin

Cooley LLP

Covington & Burling

Fish & Richardson

Gibson Dunn

Gillam Smith

Haynes Boone

Hicks Thomas

Hogan Lovells

Kirkland & Ellis

Kornfeld LLP

Law Offices of Daniel R. Whitmore

Lowell & Associates

Lynn Pinker

McCarter & English

McKool Smith

Morgan Lewis

Morris Nichols

Norton Rose

O'Melveny & Myers

Otteson Shapiro

Pachulski Stang

Patterson Belknap

Quinn Emanuel

Rivero Mestre

Rosen Law Firm PA

Susman Godfrey

Thompson Hine

Tollefson Bradley

Wachtell Lipton

Wheeler Trigg

Williams & Connolly

Willinger Willinger

Womble Bond

COMPANIES IN TODAY'S NEWS

21 Air LLC

Aetna Inc.

Amazon.com Inc.

Apple Inc.

Aramark

Atlas Air Inc.

Atlas Energy LP

Broadcom Inc.

CVS Health Corp.

ClearList LLC

Compass Minerals International, Inc.

Concord

Concord Energy LLC

Cumulus Media Inc.

Desktop Metal Inc.

Eli Lilly & Co.

Herzog

Instagram Inc.

Liberty Mutual Insurance Group

Los Angeles Clippers

Meta Platforms Inc.

Microsoft Corp.

Mobileum Inc.

Nano Dimension Ltd.

National Collegiate Athletic Association

Nektar Therapeutics

Nielsen Holdings PLC

OpenAI OpCo LLC

Philadelphia Consolidated Holding Corp.

Rex Lumber LLC

Roblox Corp.

San Francisco Giants

Spectrum Management Holding Co.

State Farm Mutual Automobile Insurance Co.

Telefonaktiebolaget LM Ericsson

Tesla Inc.

The Cigna Group

The Travelers Cos. Inc.

X Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

California Department of Justice

Colorado Attorney General's Office

Colorado Supreme Court

Committee on Foreign Investment in the United States

Delaware Court of Chancery

Equal Employment Opportunity Commission

Executive Office of the President

Federal Aviation Administration

Federal Bureau of Investigation

Internal Revenue Service

Miami International Airport

National Transportation Safety Board

New York Attorney General's Office

Office of Federal Contract Compliance Programs

Small Business Administration

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

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

U.S. District Court for the District of New Jersey

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

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 Northern District of Texas

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 Texas

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

U.S. Office of Personnel Management

U.S. Supreme Court

United States District Court for the Eastern District of Washington