Q&A
Temple U.'s Ken Jacobsen On NCAA-House Deal, What's Next
By David Steele
Even with a deal of such size and consequence — approximately $2.8 billion, more than 184,000 athletes in the class, all the Power Five conferences named and with decades of court rulings leading up to it — the settlement over name, image and likeness compensation in the Grant House-led class action against the NCAA is best seen as a beginning, rather than an end.
Read full article »
| Save to favorites »
RISING STAR
Rising Star: Cohen Milstein's Eric A. Kafka
By Benjamin Morse
Eric Kafka of Cohen Milstein Sellers & Toll PLLC has secured major clients wins in high-dollar consumer protection cases, including a recent $40 million settlement for advertising purchasers in a case over Facebook's alleged inflation of advertising performance metrics, earning him a spot among the class action law practitioners under age 40 honored by Law360 as Rising Stars.
Read full article »
| Save to favorites »
SECURITIES
Two Class Atty Teams Challenge EngageSmart Deal In Del.
By Jeff Montgomery
A new and an amended stockholder complaint have taken aim in Delaware's Court of Chancery at the $4 billion January take-private acquisition of customer engagement and payments venture EngageSmart Inc. by interests of Vista Equity Partners, following a Thursday deadline for consolidated complaint and lead attorney and plaintiff proposals.
1 document attached |
Read full article »
| Save to favorites »
COMPETITION
Jazz Says Narcolepsy Drug Charge MDL Should Be Tossed
By Bonnie Eslinger
Jazz Pharmaceuticals urged a California federal judge to toss claims from insurers and consumers pursuing multidistrict litigation accusing the drugmaker of staving off generic competition to its blockbuster narcolepsy medicine Xyrem through antitrust conduct and deals with other drugmakers, saying the company engaged in "permissible competition."
Read full article »
| Save to favorites »
Axon Says FTC Has 'No Reason' To Wade Into Suit
By Bryan Koenig
Axon urged a New Jersey federal judge Thursday to "give no weight" to a Federal Trade Commission amicus intervention into a proposed class action against the company, arguing that however much the FTC bristles at references to an abandoned merger case, that consternation isn't relevant to the instant suit.
Brief attached |
Read full article »
| Save to favorites »
EMPLOYMENT & BENEFITS
PRODUCT LIABILITY
CYBERSECURITY & PRIVACY
CONSUMER PROTECTION
Class Seeks $1.5B Settlement In Payday Loan Dispute
By Crystal Owens
A class of borrowers has urged a Virginia federal court to approve what would be the largest settlement ever obtained in a challenge to participants in the tribal lending industry, arguing that the agreement would give significant relief to hundreds of thousands in the form of debt cancellations and cash payments.
Memorandum attached |
Read full article »
| Save to favorites »
ENERGY & ENVIRONMENTAL
INSURANCE
Agent's Claim Over Robocall Coverage Partly Advances
By Hope Patti
A wholesale insurance agent may proceed with its claim that a retail insurance broker's misrepresentations about an alarm service company duped the agent into issuing a policy with coverage for robocall litigation, a New Jersey federal court ruled, while cutting the agent's claims for negligent misrepresentation and indemnification.
Opinion attached |
Read full article »
| Save to favorites »
IMMIGRATION
SPORTS & BETTING
EXPERT ANALYSIS
Del. Dispatch: 27.6% Stockholder Not A Controller
The Delaware Court of Chancery's recent decision in Sciannella v. AstraZeneca — which found that the pharma giant, a 26.7% stockholder of Viela Bio Inc., was not a controller of Viela, despite having management control — shows that overall context matters when challenging transactions on breach of fiduciary duty grounds, say attorneys at Fried Frank.
Decision attached |
Read full article »
| Save to favorites »
LEGAL INDUSTRY
Law360's Legal Lions Of The Week
By Kevin Penton
Blanche Law PLLC and Continental PLLC lead this week's edition of Law360 Legal Lions, after a Florida federal judge tossed the criminal case against former President Donald Trump over his allegedly illegal retention of classified documents at his Mar-a-Lago estate.
Read full article »
| Save to favorites »
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
A kidney care company has asked a federal judge to throw out a former in-house counsel's lawsuit that claims she was fired for raising concerns about violations of federal anti-kickback statutes, and a study showed the world's most extensive public country-by-country tax reporting rules would require 51% of large U.S. multinational corporations to disclose tax arrangements. These are among the stories in corporate legal news you may have missed in the past week.
Read full article »
| Save to favorites »
UK Litigation Roundup: Here's What You Missed In London
By Max Austin
This past week in London has seen a libel clash between comedian Paul Currie and the Soho Theatre Company over allegations of anti-semitism, technology giant Huawei face a patents claim by Mediatek, Westfield Europe pursue action against Clearpay Finance for contract breaches and tour operating company Carnival hit chartered airline Maleth Aero for significant flight delays. Here, Law360 looks at these and other new claims in the U.K.
Read full article »
| Save to favorites »
|