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POLICY & REGULATION
FCC Considering 120-Day Deadline For Permit Approvals
By Nadia Dreid
The Federal Communications Commission plans to propose telling states and municipalities that they have four months to act on applications before it will presume they've "effectively prohibited the provision of wireline telecommunications services," as part of a push to reduce what it perceives as barriers to broadband deployment.
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LITIGATION
Game Co. Calls Out Rival's $1.4B Damages Enhancement Bid
By Elliot Weld
Mobile game company Papaya Gaming Ltd. has asked a Manhattan federal judge to deny rival Skillz Platform Inc.'s request for a $420 million jury verdict based on false advertising claims to be boosted to $1.4 billion, saying the amount is unprecedented and far greater than Papaya's profits over the entire period relevant to the case.
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Catching Up With Delaware's Chancery Court
By Sydney Price
At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.
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DEALS
White & Case, Reed Smith Lead $1.2B Space SPAC Deal
By Jarek Rutz
Spacecraft developer Quantum Space LLC said Monday it plans to go public through a merger with Inflection Point Acquisition Corp. VI, a special purpose acquisition company, in a deal that values the combined company at about $1.2 billion and would give the business new funding to build out its national security-focused spacecraft platform.
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ENFORCEMENT
CEO Was 'Central' To Sham Revenue Scheme, SEC Says
By Emilie Ruscoe
The former CEO of Lottery.com should not escape U.S. Securities and Exchange Commission claims he was a "central actor" in a scheme to cook the company's books, the regulator argued, telling a Manhattan federal judge that its enforcement action "extensively" details its fraud allegations against the executive.
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PEOPLE
EXPERT ANALYSIS
Green Card Memo Warps Long-Standing Adjustment Process
A recent policy memorandum that treats a nonimmigrant visa holder’s decision to seek adjustment of status in the U.S., rather than at a U.S. consulate, as an adverse factor reinterprets existing discretionary frameworks, compounds risks for applicants required to apply abroad and changes practitioner approaches to application preparation, says attorney Jack Jrada.
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LEGAL INDUSTRY
100+ Ex-Prosecutors Question Chicago US Atty's Leadership
By Celeste Bott
More than 100 former Illinois federal prosecutors issued a statement Monday saying there's been a "failure of leadership" in the U.S. attorney's office in Chicago and that "once-forbidden political considerations are infecting prosecutorial decisions" in the wake of an Illinois federal judge accusing the office of mishandling grand jury proceedings in a case against six immigration activists.
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