A Delaware Chancery judge blessed an agreement Tuesday that will see private equity firm KKR & Co. LP pay $39 million to settle a class action which alleged its $525 million sale of Primedia Inc. unfairly deprived the publisher's minority shareholders of valuable claims.
Charter Communications Inc.'s $55 billion purchase of Time Warner Cable Inc. won't fall victim to the same regulatory pitfalls that torpedoed Comcast Corp.'s recently abandoned attempt to buy TWC, experts say, despite it being a merger of the second- and third-largest U.S. cable television providers. Here, Law360 looks at five reasons Charter's attempted acquisition is different from Comcast's.
The CEO of worldwide electronic dance music promoter SFX Entertainment Inc. is planning to shell out $306.7 million to take the company private in a deal guided by Fried Frank Harris Shriver & Jacobson LLP and Steptoe & Johnson LLP, SFX said Tuesday.
Activist groups hoping to block a proposed $360 million Indian casino hotel have asked a California federal judge to halt the project while they appeal her ruling that no environmental review is required yet.
The New Jersey Division of Taxation on Monday urged a federal bankruptcy court to deny Revel AC Inc.’s objection to its $20 million claim, saying its request is based on a tax credit that was not properly earned and must be repaid.
NBCUniversal Media LLC and other producers and distributors of the Jake Gyllenhaal film "Nightcrawler" urged a Utah federal judge Tuesday to toss an independent filmmaker's copyright infringement suit alleging the movie contained similar elements to his own film, saying the suit was only filed to drum up interest in his unsuccessful indie movie.
A New Jersey appeals court ruled Tuesday that an advertising executive's $10 million negligence lawsuit against GoDaddy.com LLC for allegedly mangling his relationship with client Akrimax Pharmaceuticals LLC boils down to contract claims that must be brought in Arizona.
A New York federal judge set an August hearing into whether fake evidence won a copyright judgment for the Dominican songwriter who said Shakira's song “Loca” ripped him off, at a conference Tuesday where mistrust between the sides was so stark they couldn't agree on whether a copy of a witness's identification card was real.
Battery on the Go Inc., a maker of portable battery chargers, is seeking $50 million in damages from The Walt Disney Co. for allegedly selling a line of inferior products that infringes its PowerBar trademark, the company's attorney said Tuesday.
Private equity outfit The Carlyle Group has tasked Golden Sachs Group Inc. with helping it sell its 85 percent stake in Spanish telecom operator Telecable, while French luxury goods conglomerate LVMH Moet Hennessy Louis Vuitton SA is discussing a potential purchase of French newspaper Le Parisien.
The Golden State Warriors and Ticketmaster LLC have asked a California federal judge to toss an antitrust suit lodged by ticket reseller StubHub Inc., saying that no monopoly of the market exists and that the team can choose what company resells its tickets.
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Secure Income REIT has sold a central London tourist site occupied by popular wax museum Madame Tussauds to expansion-minded Taiwanese insurer Fubon Life Insurance for £332.5 million ($511.8 million), the company said Tuesday.
Time Warner Cable Inc., Comcast Corp. and other defendants in a $20 billion suit alleging racial discrimination of an African-American-owned media company asked a California federal judge Friday to dismiss the suit for several reasons, including that it lacks sufficient facts.
TiVo Inc. was granted a reprieve from a Federal Communications Commission rule that requires its set-top boxes to allow for home networking with other devices, but the agency declined to grant such a waiver on an industrywide basis last week.
New Jersey's Stockton University on Tuesday announced a $22 million proof of claim filed in the Chapter 11 case of Caesars Entertainment Operating Co. over the university's purchase of the now-defunct Showboat Atlantic City casino property, saying an unresolved land use-restricting pact spiked its plans for a new branch.
The U.S. Supreme Court on Tuesday declined review of a California appeals court’s holding that a 2000 federal statute granting the Federated Indians of the Graton Rancheria federal recognition divested the state's historic territorial jurisdiction over their Sonoma County casino site.
We keep a close eye on issues regarding conflicts of interest, professional negligence, privacy and trade secrets, as well as specific areas of employment. These topics are all germane to how CBRE operates its business, says Laurence Midler, executive vice president and general counsel at CBRE Group Inc.
Charter Communications Inc. reached a deal Tuesday to buy Time Warner Cable Inc. in a $55 billion transaction that will consolidate the second- and third-largest U.S. cable television providers.
Rapper 50 Cent, who is defending against a lawsuit alleging he posted a woman's sex tape online without her permission, on Friday filed a complaint in New York state court passing the blame to his rap rival Rick Ross, who had a child with the woman.
It did not take long for litigation to be filed over Robin Williams' estate, or more specifically, his living trust. Published reports reveal a number of interesting issues, some of which are unique to “celebrity” estates, but most of which apply to all estate planning, says Jeffrey Eisen of Mitchell Silberberg & Knupp LLP.
Katy Perry has run into trademark trouble in her attempt to register a "Left Shark" design mark. Here's what happened, and what you can do to avoid a similar fate, says Amanda Alameddine of Buchalter Nemer.
The dynamic economic growth occurring across Africa presents new challenges and opportunities in the intellectual property context, say Beau Jackson of Adduci Mastriani & Schaumberg LLP and Jarrad Wood, a student at American University Washington College of Law.
Suppose I go to see my beloved Washington Nationals and use the new Periscope app to record the game on my phone and send it live to some or all of my Twitter followers, or others. Have I actually violated copyright law? What about Twitter, which owns Periscope? What about my wireless carrier? The answers to these questions aren’t easy, says Michael Nilsson of Harris Wiltshire & Grannis LLP.
Despite the proliferation of the use of biometrics, there are very few state statutes and no federal statutes that create civil remedies based on the capture and disclosure of biometric data by private businesses. But enterprising plaintiffs lawyers are attempting to use those that do exist to create a potential new sphere of liability, say attorneys with Winston & Strawn LLP.
Settlement of class actions against social and video gaming companies alleging unlawful gambling could require the end of company practices that kill off main sources of revenue. Defendants should see suits through dismissal as opposed to settling — the long-term payout of discouraging predatory suits should be worth it, says A. Jeff Ifrah of Ifrah Law PLLC.
While parties that lobby in the United States are generally subject to mandatory lobbyist registration and reporting obligations at every level of government, parties that lobby European Union institutions traditionally have only been subject to a “voluntary” registration and disclosure regime. That gap now appears to be closing, say attorneys with Allen & Overy LLP.
Can aggrieved pay-per-view customers sue Manny Pacquiao and his corporate constellation for his performance in the overhyped “Fight of the Century” against Floyd Mayweather? Precedent firmly says “no,” yet more than a dozen putative class actions have been filed, says James Sammataro of Stroock & Stroock & Lavan LLP.
There has been a rapid and robust growth in the number of companies offering electronically stored information collection, management and processing services. But a recent survey indicated that not all service providers offer the level of expertise needed in today’s world of big data, the cloud and mobile devices, says Barry O’Melia, chief operations officer at Digital WarRoom.
With the "Fight of the Century" and "Deflategate," key people withheld information that could have affected consumers' ability to make or lose money. But do fans and bettors have a private cause of action? asks Kanika Corley of Sedgwick LLP.