WWE's $147M Merger Settlement Held Up By Defense Dispute

By Jessica Corso

World Wrestling Entertainment shareholders are asking a Delaware court to force Vince McMahon and other WWE board directors to sign off on a $147 million deal that will end a lawsuit over the company's 2023 merger with UFC parent Endeavor, with parties indicating that a dispute has opened up among the defendants over insurance coverage.

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Liberty Mutual Wins $1.5B Award Over Venezuela Forex Curbs

By Caroline Simson

An international tribunal has ordered Venezuela to pay Liberty Mutual more than $1.5 billion over currency controls imposed by the country that ultimately prompted the insurer to sell its Venezuelan subsidiary — once the country's largest insurer — for $2 million.

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Insurers Nab Partial Win In $3.7M Whistleblower Murder Row

By Abraham Gross

An AIG unit and an excess insurer won a partial victory in their bid to seek a $3.7 million coverage reimbursement from a tree services company for two civil suits tied to claims of whistleblower retaliation that ended in murder.

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Insurer Refuses To Cover Software Co. In Wiretap Suits

By Danielle Ferguson

An excess insurer told a California federal court it owed no part of a $5 million policy for suits claiming a software company unlawfully tracked customers' web activity, while the software company told an Illinois federal court that its primary policy is exhausted and the insurer's refusal to pay is improper.

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Insurer Says Prior Claims Weren't Known, So Must Be Defended

By Gianna Ferrarin

A professional liability insurer urged a California federal court to find that an excess insurer can't rely on a policy exclusion barring coverage for claims brought before the policy's start date to get off the hook for a law firm's defense in malpractice litigation.

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How Policyholders Can Press For Narrower AI Exclusions

As artificial intelligence exclusions proliferate across policy types, renewing policyholders should seek to narrow exclusionary language by presenting their insurers with a corporate AI-use register identifying specific tools, use cases and governance policies, says Anthony Crawford at Olshan Frome.

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Trump Picks Ex-Personal Lawyer As New White House Counsel

By Courtney Bublé

President Donald Trump's incoming White House counsel is a former personal attorney for the president who is already working for the White House and was at the U.S. Department of Justice during his first term.

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Ill. Gov. Signs Bill Restricting PE Role In Legal Industry

By Emma Cueto

Illinois Gov. JB Pritzker has signed into law a bill designed to target nonlawyer ownership of law firms, outlawing fee sharing with out-of-state alternative business structures and attempting to place restrictions on law firms' use of managed services organizations.

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Spa Fights 9th Circ.'s 'Swinging Dicks' Order At High Court

By Jeff Overley

The Ninth Circuit's rejection of a spa's religious objections to serving transgender customers is incompatible with several major precedents, according to a U.S. Supreme Court petition filed Monday in litigation that soared in prominence when dozens of circuit judges decried a salacious dissent.

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CREXi Can't Stay CoStar Case For Quinn Emanuel DQ Appeal

By Matthew Perlman

A California federal court rejected a bid Monday from Commercial Real Estate Exchange Inc., or CREXi, for a stay in CoStar's copyright case while CREXi looks to undo the disqualification of its attorneys from Quinn Emanuel Urquhart & Sullivan LLP.

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Biz Owners Appeal Morgan Lewis Win In Tax Shelter Suit

By Andrea Keckley

A pair of business owners asked the Florida Supreme Court to reverse a decision affirming judgment in favor of Morgan Lewis & Bockius LLP in a dispute over whether the law firm had routed income through illegal tax shelters.

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