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TOP NEWS
Disney Investor Sues Leaders Over Streaming Targets
By Jarek Rutz
A Disney stockholder has sued current and former company executives in the Delaware Chancery Court, accusing them of misleading investors by chasing unrealistic Disney+ subscriber targets through heavy content spending, international expansion and promotions that allegedly masked the streaming service's true financial condition.
Complaint attached |
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Maxim Denied Bid To Stop Playboy Contest Amid IP Suit
By Rae Ann Varona
A New York federal judge shot down Maxim's bid to stop Playboy from allegedly ripping off the mechanics behind Maxim's "Cover Girl Competition," saying Maxim's delay in voicing misappropriation concerns and efforts to partner with Playboy amid the magazine's "Great Playmate Search" undermined Maxim's claims of irreparable harm.
Order attached |
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DEALS
INTELLECTUAL PROPERTY
PRIVACY & CONSUMER PROTECTION
Calif. High Court Releases EdTech Co. From Data Breach Suit
By Allison Grande
California's top court struck down a proposed class action accusing education technology provider Illuminate of failing to safeguard students' personal and health information, which was exposed in a data breach, finding the plaintiff hadn't sufficiently alleged key elements for his claims under the state's medical confidentiality or data security laws.
Opinion attached |
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COMPETITION
EMPLOYMENT
SECURITIES & WHITE COLLAR
SPORTS & BETTING
TELECOMMUNICATIONS
TAX
BANKRUPTCY
Judge Says Jones Can't Appeal Infowars Bankruptcy Order
By JosĂ© Luis MartĂnez
A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.
Opinion attached |
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INSURANCE
Big E Operator Says Insurers Can't Reject MMA Death Claim
By Julie Manganis
The operator of one of the largest state fairs in the U.S., known as The Big E, alleged in a lawsuit removed to federal court Friday that its insurers are wrongly relying on a list of policy exclusions to deny coverage for a wrongful death suit brought by the family of a mixed martial arts fighter, who died following an event at the Massachusetts fairgrounds in 2022.
Complaint attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Health Co. Wants Kirkland Off IP Case For 'Cardinal Sin'
By Elliot Weld
A healthcare company suing medical technology company Commure Inc. over alleged trade secret theft has said Kirkland & Ellis LLP should be disqualified from representing Commure because the healthcare company had tried to retain Kirkland prior to filing the suit and shared confidential information before anyone asked who the defendant was going to be.
Motion attached |
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Ex-Willkie Atty Banned By SEC For Insider Trading
By Emily Sawicki
A former Willkie Farr & Gallagher LLP mergers and acquisitions attorney who earlier this month admitted to taking part in a widespread BigLaw insider trading scheme will be barred from representing a client before the U.S. Securities and Exchange Commission for a minimum of four years, according to an order the agency issued Monday.
Order attached |
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