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Sports & Betting
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October 04, 2024
Repeat Fraudster Guilty Of Scamming Ex-NBA Players
A Manhattan federal jury on Friday convicted a Georgia businessman and recidivist fraudster of conning former NBA players Dwight Howard and Chandler Parsons out of $8 million through the use of forged documents and other lies.
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October 04, 2024
Iger-Owned NWSL Club Fined $200K For Salary Cap Violations
The National Women's Soccer League has imposed three penalties on Los Angeles-based Angel City FC, including a $200,000 fine, after the football club was found to have violated multiple league rules relating to salary caps.
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October 04, 2024
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen GMB Union sued by the makers of Tetley Tea after a staff walkout in September, boxer Mike Tyson hit with legal action from a marketing company and the Met Police face a misuse of private data claim from a woman who had a relationship with an undercover police officer. Here, Law360 looks at these and other new claims in the U.K.
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October 04, 2024
Taxation With Representation: Gibson Dunn, Weil, Simpson
In this week's Taxation with Representation, DirectTV buys EchoStar's video business for $10 billion, Marsh McLennan inks a $7.75 billion deal for McGriff Insurance, and PepsiCo closes a $1.2 billion deal to purchase Siete Foods.
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October 03, 2024
Eagles Insurer Bolsters Dismissal Bid In COVID Closure Suit
The insurer for the Philadelphia Eagles on Wednesday bolstered its bid to dismiss the NFL team's suit seeking coverage for business disruption and losses caused by the COVID-19 pandemic, throwing recent case law behind its position that the pandemic's early effects on public events did not constitute physical loss entitling insurance coverage.
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October 03, 2024
'Let's Go Brandon' Coin Trustee Knocks Buyers' Class Claims
The trustee of the meme-inspired cryptocurrency LGBcoin sought to block class action certification from buyers who claim he sold them unregistered securities by leading them to believe the token would take off through a purported partnership with NASCAR.
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October 03, 2024
Don't Buy Ex-NBA Star's 'Dumb Athlete' Routine, Jury Told
A Manhattan federal jury on Thursday prepared to deliberate fraud charges against a Georgia businessman accused of fleecing ex-NBA superstar Dwight Howard out of $7 million, after the defendant's lawyer argued that Howard misleadingly portrayed himself as a naive victim.
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October 03, 2024
12 Lawyers Who Are The Future Of The Supreme Court Bar
One attorney hasn't lost a single U.S. Supreme Court case she's argued, or even a single justice's vote. One attorney is perhaps "the preeminent SCOTUS advocate." And one may soon become U.S. solicitor general, despite acknowledging there are "judges out there who don't like me." All three are among a dozen lawyers in the vanguard of the Supreme Court bar's next generation, poised to follow in the footsteps of the bar's current icons.
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October 03, 2024
CFTC Asks DC Circ. To Hasten Election Contract Loss Appeal
The U.S. Commodity Futures Trading Commission pressed the D.C. Circuit to immediately schedule its appeal of a district court's decision to permit KalshiEx's listing of election-based event contracts, which the trading platform is poised to oppose.
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October 03, 2024
Illinois Golf Course Co. Hit With Additional Data Breach Suits
An Illinois-based golf course and hospitality management business faces mounting legal troubles over a data breach earlier this year, with two additional federal lawsuits filed this week.
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October 03, 2024
NCAA's Refined NIL Settlement Still Faces Opposition
The fight to approve a $2.78 billion antitrust settlement over the NCAA's name, image and likeness compensation rules grew tougher this week as a new group of athletes voiced their opposition to the deal's "illusory, contradictory and overreaching" terms.
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October 03, 2024
CVS Pushed To Unwind Aetna Megadeal, And Other Rumors
CVS is exploring strategic options that could break up the business, Kleenex's owner explores a sale at a potential $4 billion value, and Ares is in talks to buy 10% of the Miami Dolphins’ parent. Here, Law360 breaks down these and other notable deal rumors from the past week.
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October 02, 2024
White Ex-Coach Won't Get 11th Circ. Redo In Bias Suit
An Eleventh Circuit panel on Wednesday rejected a former football coach's request to reconsider its decision not to reopen a lawsuit alleging that a Georgia school district refused to renew his contract because he is white.
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October 02, 2024
Sports Field Sweeper Inventor Says Sons Infringed Patent
An Australian company that invented a mechanical sweeper system to clean sports fields alleges in a Colorado federal lawsuit that the sons of the technology's inventor are selling infringing sweepers in the United States.
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October 02, 2024
NC Judge Ends NIL Ban For State's Public School Athletes
North Carolina public school athletes can now be compensated for their name, image and likeness, thanks to a preliminary injunction granted by a state judge that overturned a ban by the state board of education.
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October 02, 2024
Paul Weiss-Led Altor Nabs Majority Stake In CCM Hockey
Paul Weiss Rifkind Wharton & Garrison LLP-led Altor Equity Partners on Wednesday announced that its Altor Fund VI has nabbed a "significant majority" stake in hockey stick maker CCM Hockey.
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October 02, 2024
Steph Curry Card Suit Can Proceed, Texas Judge Rules
Sports card grader Beckett Collectibles LLC must face a negligent misrepresentation lawsuit alleging it gave an unwarranted "9.5 gem mint" rating to a Steph Curry basketball card that had actually been altered and was later purchased for $168,000, a Texas federal judge ruled on Tuesday.
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October 02, 2024
Brooklyn Man Cops To Placing Rigged NBA Bets
A Brooklyn man pled guilty Wednesday to conspiring with former NBA player Jontay Porter and several other men to place fraudulent bets on basketball games and guarantee payouts.
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October 02, 2024
Settlement Talks Fizzle As Soccer Antitrust Fight Plows Ahead
Hopes for a quick resolution in the antitrust brawl between the U.S. Soccer Federation and promoter Relevent Sports LLC seem dashed as the two sides informed a New York federal judge that settlement talks have stalled.
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October 02, 2024
Bally Sports Owner's Ch. 11 Plan Ditches MLB TV Deals
A new Chapter 11 plan filed by the owner of Bally Sports-branded regional sports networks would reject all but one of the company's broadcast deals with MLB teams, but would maintain contracts with professional basketball and hockey partners while swapping existing debt for reorganized equity.
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October 02, 2024
DC Circ. Says Election Betting Contracts Can Go Live
The D.C. Circuit on Wednesday allowed betting on election outcomes to move forward after finding that the U.S. Commodity Futures Trading Commission hasn't shown that KalshiEx's listing of election-based event contracts would likely harm the public while the regulator challenges a ruling that gave the trading platform the green light to offer such services.
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October 02, 2024
Michael Jordan's Race Team Sues NASCAR Over Monopoly
NASCAR has exploited its economic power to dominate the market, allowing no other motorsport series to compete, according to an antitrust lawsuit filed Wednesday in North Carolina federal court by two racing teams, including one owned by Michael Jordan.
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October 01, 2024
Peloton Beats Investor Suit Over COVID-19 Sales For Good
Peloton has won the permanent dismissal of a shareholder suit accusing it of intentionally misleading investors to believe that its COVID-19 spike in demand was sustainable, with a New York federal judge saying the investors have not "articulated sufficient factual allegations to carry their assertions beyond the speculative level."
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October 01, 2024
Feds Escape Claims In Okla. Tribe's Casino Land Row
An Oklahoma federal judge has tossed several Comanche Nation claims against the U.S. Department of the Interior in a suit seeking to shut down a rival casino the tribe says is on its historical reservation, ruling that the venue may continue operations during litigation.
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October 01, 2024
Ex-NBA Star's Big Paydays Not Relevant In Hoops Fraud Trial
Dwight Howard's NBA contracts exceeding $240 million over his 18-year playing career are irrelevant to charges that an Atlanta businessman defrauded the ex-basketball superstar out of $7 million, a Manhattan federal judge held Tuesday.
Expert Analysis
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A Refresher On Alcohol Sponsorships Before The Super Bowl
As millions of people will see in Super Bowl commercials Sunday, celebrity sponsorships continue to be a valuable tool for alcohol beverage marketers — and those looking to better target audiences must understand how regulation of the alcohol industry affects these deals, say attorneys at McDermott.
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Reimagining Law Firm Culture To Break The Cycle Of Burnout
While attorney burnout remains a perennial issue in the legal profession, shifting post-pandemic expectations mean that law firms must adapt their office cultures to retain talent, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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Series
ESG Around The World: Brazil
Environmental, social and governance issues have increasingly translated into new legislation in Brazil since 2020, and in the wake of these recently enacted regulations, we are likely to see a growing number of legal disputes in the largest South American country related to ESG issues such as greenwashing if companies are not prepared to adequately adapt and comply, say attorneys at Mattos Filho.
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Series
Competing In Dressage Makes Me A Better Lawyer
My lifelong participation in the sport of dressage — often called ballet on horses — has proven that several skills developed through training and competition are transferable to legal work, especially the ability to harness focus, persistence and versatility when negotiating a deal, says Stephanie Coco at V&E.
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Deferral Pointers For Employers After $700M Ohtani Deal
Darren Goodman and Christine Osvald-Mruz at Lowenstein Sandler examine the legal consequences of Shohei Ohtani's $700 million, 10-year contract with the Los Angeles Dodgers — a high-profile example of nonqualified deferred compensation — and offer lessons for employers of all sizes interested in similar deals.
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Algorithmic Pricing Programs Caught In Antitrust Crosshairs
The Justice Department's investigation into software company RealPage follows a host of federal antitrust cases alleging that property owners and casino hotel operators use the same proprietary software programs to fix and maintain pricing, which means algorithmic pricing programs are considered a key price-fixing tool in the digital age, say attorneys at Ballard Spahr.
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The Legal Industry Needs A Cybersecurity Paradigm Shift
As law firms face ever-increasing risks of cyberattacks and ransomware incidents, the legal industry must implement robust cybersecurity measures and privacy-centric practices to preserve attorney-client privilege, safeguard client trust and uphold the profession’s integrity, says Ryan Paterson at Unplugged.
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The State Of Play In NIL, Compensation For Student-Athletes
Recent NCAA developments — including name, image, and likeness legislation and a governance and compensation proposal — reflect a shift from the initial hands-off approach to student-athletes' NIL deals and an effort to allow colleges to directly compensate student-athletes without categorizing them as employees, say attorneys at Pillsbury.
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5 Reasons Associates Shouldn't Take A Job Just For Money
As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.
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Series
Playing Competitive Tennis Makes Me A Better Lawyer
My experience playing competitive tennis has highlighted why prioritizing exercise and stress relief, maintaining perspective under pressure, and supporting colleagues in pursuit of a common goal are all key aspects of championing a successful legal career, says Madhumita Datta at Lowenstein Sandler.
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Series
The Pop Culture Docket: Judge Djerassi On Super Bowl 52
Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.
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Employee Experience Strategy Can Boost Law Firm Success
Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.
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Series
Competing In Triathlons Makes Me A Better Lawyer
While practicing law and competing in long-distance triathlons can make work and life feel unbalanced at times, participating in the sport has revealed important lessons about versatility, self-care and perseverance that apply to the office as much as they do the racecourse, says Laura Heusel at Butler Snow.
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Where Justices Stand On Chevron Doctrine Post-Argument
Following recent oral argument at the U.S. Supreme Court, at least four justices appear to be in favor of overturning the long-standing Chevron deference, and three justices seem ready to uphold it, which means the ultimate decision may rest on Chief Justice John Roberts' vote, say Wayne D'Angelo and Zachary Lee at Kelley Drye.
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Perspectives
6 Practice Pointers For Pro Bono Immigration Practice
An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.