Visual content company Getty Images Holdings Inc. filed for Chapter 11 protection Wednesday in Delaware bankruptcy court with more than $1 billion of debt and a plan in hand that will provide $533 million in new equity investments into the business and has the support of a majority of its creditors.
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THURSDAY, OCTOBER 22, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Getty Images Files Ch. 11 Case With More Than $1B Of Debt

By Vince Sullivan

Visual content company Getty Images Holdings Inc. filed for Chapter 11 protection Wednesday in Delaware bankruptcy court with more than $1 billion of debt and a plan in hand that will provide $533 million in new equity investments into the business and has the support of a majority of its creditors.

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Meta Owes $25B After NM Data Privacy Trial

By Cara Salvatore

A New Mexico judge ruled Wednesday that Meta must pay $25 billion for the "systematically broadcast" lies the social media giant offered the public regarding its data privacy practices, including in the wake of the Cambridge Analytica scandal.

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Anthropic's Lyric 'Mash Up' May Be Fair Use, Judge Says

By Dorothy Atkins

A California federal judge Wednesday appeared open to Anthropic's defense that using copyrighted song lyrics to train Claude AI is fair use, saying during a daylong hearing that "mash-up" lyrics produced by AI might constitute fair use while also questioning how to "slice and dice" the case's scope.

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Detroit Lions Can't Sack 'Motor City Muscle' TM Claims

By Susan Smiley

A Michigan federal judge on Tuesday trimmed U.S. Events LLC's lawsuit against the Detroit Lions, but ruled that the team must face claims of trademark infringement and unfair competition over its use of the company's protected "Motor City Muscle" slogan to promote its jerseys.

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INTELLECTUAL PROPERTY

House Bill Looks To Ease Copyright Process For Visual Artists

By Adam Lidgett

Visual artists like photographers would have a more streamlined and cheaper copyright registration process under a bill that has been introduced in the U.S. House of Representatives, matching a similar bill floated last year in the U.S. Senate.

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Dish Gets Carrier Signal Patent Invalidated Under Alice

By Elliot Weld

A Delaware federal judge has ruled that a patent covering carrier signal technology that Dish Network is accused of infringing is invalid under the Supreme Court's Alice test, but found that a second patent isn't invalid as abstract.

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PRIVACY & CONSUMER PROTECTION

EdTech Provider Kaplan Must Face Trimmed Data Breach Suit

By Allison Grande

A Florida federal judge refused to fully toss a proposed class action over a 2025 data breach at online education provider Kaplan, finding that the plaintiffs adequately asserted negligence and contract claims while blocking, for now, allegations that the company unjustly enriched itself and violated California's data privacy law.

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COMPETITION

App Can't Get Apple Antitrust Case Sent To DOJ Case's Judge

By Matthew Perlman

A New Jersey federal judge has refused to reassign communal video streaming app Rave's antitrust case against Apple to the same judge overseeing a monopolization case against Apple from the U.S. Department of Justice.

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Google Must Provide Limited Depo In Apple Antitrust Case

By Craig Clough

A California federal magistrate judge on Tuesday ordered Google to provide deposition testimony in a proposed class action accusing Apple of monopolizing cloud storage for its mobile devices, although she placed limitations on the topics the plaintiffs can ask nonparty Google about.

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X Says OpenAI Can't Nix IPhone Placement Antitrust Case

By Bryan Koenig

X Corp. and SpaceXAI urged a Texas federal judge Wednesday not to let OpenAI scrap their lawsuit targeting a deal integrating ChatGPT into Apple devices, arguing any attempts to paint the deal as nonexclusive or show it hasn't completely foreclosed the market are factual disputes left to the jury.

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SECURITIES & WHITE COLLAR

Crypto Broker Gets 13 Years For Laundering Drug Money

By Pete Brush

A Manhattan federal judge hit a Colombian cryptocurrency broker with over 13 years in prison Wednesday after he copped, along with a businessman with ties to the Cartier family, to laundering $14.5 million worth of Tether that facilitated narcotics transactions.

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Game Co. Investors Seek OK Of $13M Deal On Valuation

By Sydney Price

Investors of online gaming company Shanda Games Ltd. have asked a New York federal court to preliminarily approve a $13 million settlement that would end claims the company severely and intentionally undervalued a 2015 going-private transaction.

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Gemini Says Crypto Downturn Sank Stock Post-IPO, Not Fraud

By Sydney Price

Crypto exchange operator Gemini Space Station Inc. and some of its current and former executives and directors, including founders Tyler and Cameron Winklevoss, say an overall downturn in the cryptocurrency market is responsible for the exchange operator's plans to shift focus to the prediction market, and the risk of the shift was fully disclosed to investors.

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TELECOMMUNICATIONS

FCC OKs Relinquished Carrier Status For Carolina West

By Christopher Cole

The Federal Communications Commission approved the request of Carolina West Wireless Inc. to turn in its designations as an eligible telecommunications carrier following Verizon's purchase of the North Carolina telecom.

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FCC Member Sees Satellite Spectrum Policy Advancing Fast

By Christopher Cole

A member of the Federal Communications Commission told a global gathering of telecom leaders that the U.S. will pursue policies on multiple fronts to make sure the booming satellite industry has abundant spectrum.

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AT&T Asks To Be Freed From California Landline Obligations

By Nadia Dreid

AT&T says it only needs a "modest extension" of the permission the Federal Communications Commission has already given the telecom titan in order to drop its remaining copper line services in California, something state regulators have refused to give the company permission to do.

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Lumos Urges FCC To Preempt Local Project Reviews

By Nadia Dreid

Lumos Fiber says there are counties in Ohio that have so much red tape they're keeping competitive broadband from being deployed there, and it wants the Federal Communications Commission to step in and preempt those rules so it can continue with its planned projects.

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INSURANCE

Insurer Says Seattle Club Worker's Injury Suit Not Covered

By Danielle Ferguson

An insurer asked a Washington federal court to find it has no duty to defend or indemnify a downtown Seattle nightclub in a suit from a former manager who was shot while working a New Year's Eve event, arguing multiple policy exclusions for workplace injuries and intentional harm bar coverage.

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PERSONAL INJURY & MEDICAL MALPRACTICE

Deal Staves Off Trial In Snapchat Speed Filter Suit

By David Aaro

Snapchat's parent company and a Georgia man who alleged the app's speed filter feature contributed to a 2015 car wreck that left him seriously injured have reached a settlement, according to a court filing that came two weeks before their legal battle was slated for trial.

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WWE Sued Over Wrestler's Lap Dance For Off-Duty Cop

By Gina Kim

World Wrestling Entertainment was sued in Illinois state court by a Cook County sheriff's officer who says he was subjected to an unwanted sexualized lap dance by wrestling star Kenneth Crawford during the broadcast of Monday Night Raw, despite never agreeing to be made a participant in the show.

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EXPERT ANALYSIS

FTC's BOTS Act Blitz Raises Stakes For Ticket Resellers

Recent lawsuits and enforcement actions brought by the Federal Trade Commission under the Better Online Ticket Sales Act signal sustained ticket industry enforcement, but industry actors can reduce risk by screening practices and partnerships related to ticket purchasing, and evaluating the scale of their ticket operations, say attorneys at Holland & Knight.

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LEGAL INDUSTRY

The Law360 Pulse Leaderboard: A Look At The Top Firms

By Rachel Reimer

What makes a firm stand out in the ever-changing legal landscape? Here's a peek at the 2026 Law360 Pulse Leaderboard — the firms that can demonstrate excellence on measures of prestige and the reach and capability of their legal practice.

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Watchdog Can Pursue Jackson Walker Fees, Judge Says

By Clara Geoghegan

The U.S. Trustee's Office has standing to pursue millions of dollars in fees paid to Jackson Walker LLP in cases assigned to a judge who was in an undisclosed romantic relationship with one of the firm's ex-partners, a Texas bankruptcy court has concluded.

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6th Circ.'s Sutton Floats Class Action Limits At Judiciary Panel

By Jeff Overley

An influential federal judge is proposing new restrictions on class actions that aim to broadly block government policies, judiciary advisers heard at a Wednesday gathering, which also explored transparency ideas affecting legal finance and hard-to-access court records in the red-hot realm of immigration litigation.

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Ex-Employee Of Seyfarth Client Drops Suit Over Data Breach

By Craig Clough

A Texas woman who filed a proposed class action against Seyfarth Shaw LLP over a data hack voluntarily dropped the claims Tuesday without prejudice, according to a filing in Illinois federal court. 

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DOJ Moves To Remove Minn. Judges From Immigration Cases

By Britain Eakin

A top U.S. Department of Justice official has moved to disqualify two Minnesota federal judges from immigration cases, arguing that interviews they gave to The New York Times about the Trump administration's immigration enforcement efforts suggest they can't be impartial.

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FBI Says Fired Agents Acted In Politicized Manner

By Aneeta Mathur-Ashton

Lawyers for the government argued in a Washington, D.C., federal court Wednesday that an unfair firing suit from two former FBI agents should be tossed because they worked in a politicized manner on the "Arctic Frost" investigation into President Donald Trump's attempts to overturn his 2020 election loss.

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Sen. Blackburn Clears Path For Trump's Tenn. Court Nominee

By Courtney Bublé

Sen. Marsha Blackburn, R-Tenn., has returned her blue slip for a judicial nominee for the Eastern District of Tennessee after an apparent delay.

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​​​​​​​Mamdani Taps Top Judicial Adviser Amid New Ethics Reforms

By Andrea Keckley

New York Mayor Zohran Mamdani announced Tuesday that he has appointed a lawyer from the New York University School of Law's Brennan Center for Justice to lead his judicial advisory committee as the mayor's office unveils new reforms to the city's judicial selection process.

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McCarter Beats Estate's Bid To Start $9.75M Interest Clock

By Brian Steele

A Connecticut state court judge has blocked a mall developer's family from filing a formal offer to settle a malpractice suit against McCarter & English LLP for $9.75 million, standing by a November 2025 decision to pause the case while similar litigation proceeds to trial.

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COMPANIES IN TODAY'S NEWS

AT&T Inc.

Alvarez & Marsal Holdings LLC

American Society of Media Photographers

Anthropic PBC

Apple Inc.

Brennan Center for Justice

Burford Capital LLC

Canon Inc.

Carolina West Wireless

Cartier SA

Coinbase Global Inc.

Concord Music Group Inc.

DISH Network Corp.

Ford Motor Co.

Getty Images Holdings Inc.

GitHub Inc.

Google LLC

Green Bay Packers Inc.

Guggenheim Partners LLC

Instagram Inc.

International Legal Finance Association

James River Group Inc.

Kekst CNC

Lawyers for Civil Justice

Live Nation Entertainment Inc.

Mercedes-Benz USA LLC

Meta Platforms Inc.

Microsoft Corp.

NFL Enterprises LLC

Netflix Inc.

New York City Bar Association

New York University

Nike Inc.

OpenAI OpCo LLC

Parabellum Capital LLC

Shanda Games Ltd.

Shutterstock Inc.

Snap Inc.

Space Exploration Technologies Corp.

Spectrum Management Holding Co.

The Detroit Lions Inc.

The New York Times Co.

Thomson Reuters Corp.

TikTok Inc.

TracFone Wireless Inc.

Universal Service Administrative Co.

Verizon Communications Inc.

Vonage Holdings Corp.

World Wrestling Entertainment Inc.

X Corp.

LAW FIRMS IN TODAY'S NEWS

Ashurst Perkins

Axinn

Baker & Hostetler

Bartlit Beck

Brooks Kushman

Brown Pruitt

Bruner Bruner

Cantey Hanger

Cole Schotz

Cooley LLP

Cooper & Kirk

Covington & Burling

DiCello Levitt

Farnan LLP

Fish & Richardson

Frederick M. Lehrer Attorney at Law

Gibson Dunn

Gower Wooten

Greenberg Traurig

Hagens Berman

Henningsen Injury Attorneys

Holland & Knight

Jackson Walker LLP

Jones Day

Kahn Swick

Kelly Hart

Kennedys Law LLP

Kirkland & Ellis

Kitch Attorneys & Counselors

Kopelowitz Ostrow

Koskoff Koskoff

Labaton Keller

Latham & Watkins

Lewis Brisbois

Lynn Pinker

McAndrews Held

McCarter & English

McGinn Montoya

Morgan & Morgan PA

Morgan Lewis

Norton Rose

O'Melveny & Myers

Oppenheim & Zebrak

Pomerantz LLP

Quinn Emanuel

Rusty Hardin

Saiber LLC

Seyfarth Shaw

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Strauss Borrelli

Wachtell Lipton

Walsh Pizzi

Wiggin & Dana

Williams & Connolly

WilmerHale

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

California Public Utilities Commission

Cook County Circuit Court

European Union

Federal Bureau of Investigation

Federal Communications Commission

Federal Trade Commission

Georgia Court of Appeals

Georgia Supreme Court

Judicial Conference of the United States

New Mexico Attorney General's Office

Texas Attorney General's Office

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of Delaware

U.S. Copyright Office

U.S. Department of Homeland Security

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 Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Maryland

U.S. District Court for the District of Minnesota

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 Tennessee

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of California

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. House of Representatives

U.S. Senate

U.S. Supreme Court