Top Stories

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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 ...(read more)

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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 so...(read more)

• FTC Wants More Info On Curium's $8B Deal For Lantheus

  By Matthew Perlman

  The Federal Trade Commission has requested additional information about Curium's planned $8 billion acquisition of fellow radiopharmaceutical company Lantheus Holdings Inc., extending a waiting period that prevents the transaction from closing.

• Music Co. Accuses Anthropic Of Training Claude On Catalog

  By Elliot Weld

  A music holdings company has alleged that Anthropic trained its large language model Claude on copyrighted music by pirating songs from the internet and removing their copyright management information.

• New Weil-Willkie Domains Add To Merger Speculation

  By Marialuisa Taddia

  Two domain names that combine the names of Willkie Farr & Gallagher LLP and Weil Gotshal & Manges LLP have been registered, fueling speculation about a potential merger between the two prominent Wall Street law firms.

• Latham Advises LSE Owner On $3.5B Octus Acquisition

  By Irene Madongo

  London Stock Exchange Group said Thursday it has agreed to buy U.S. credit intelligence provider Octus for $3.54 billion cash, a deal it anticipates will transform its presence in private market data.

• 7 Firms Advise EQT, Qiagen On $12.1B Take-Private Deal

  By Hailey Konnath

  A long list of firms — including Davis Polk & Wardwell LLP, Linklaters LLP and Milbank LLP — are steering Sweden-based EQT Private Equity's $12.1 billion takeover of life sciences testing company Qiagen NV, according to a Wednesday announcement.

• Keurig Judge Aims Trimmed K-Cup Antitrust MDL Toward Trial

  By Lauren Berg

  A New York federal judge trimmed claims in multidistrict litigation accusing Keurig Green Mountain of anticompetitively cutting out rivals with exclusive dealings and exclusionary product design, but sent to trial a number of monopolization, tying and false advertising allegations, according to an order unsealed Tuesday.

• Snap Financial Reaches $664M Settlement With Red States

  By Spencer Brewer

  Consumer financial services company Snap Financial on Wednesday agreed to pay $664 million to 17 Republican-led states to end claims that it used misleading disclosures about its leasing arrangements.

• 3rd Circ. Questions Claims Of Bias In $6B Citgo Sale

  By Caroline Simson

  A Third Circuit panel appeared skeptical during more than two hours of oral arguments on Wednesday that an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of Venezuelan debt should be overturned because of the appearance of bias.

• 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.

• 9th Circ. Judges Hint Hospital CBA May Mandate Arbitration

  By Rachel Riley

  A Ninth Circuit panel appeared receptive on Wednesday to Long Beach Memorial Medical Center's argument that a nurse should be forced to individually arbitrate proposed class break claims, with two judges suggesting that a union contract's repeated references to Golden State labor law bolster the hospital's position.

• Verisk Denies Fault For Canceled $2.35B AccuLynx Deal

  By Jarek Rutz

  Verisk Analytics Inc. urged the Delaware Supreme Court on Wednesday to let it abandon its $2.35 billion acquisition of roofing software company AccuLynx, arguing a lower court wrongly blamed it for federal antitrust delays, while AccuLynx insisted the company must keep working to close the deal.

• Chinese Light Makers Reach Deal After $1.5M Patent Verdict

  By Adam Lidgett

  Chinese company Jiaxing Super Lighting has reached a deal to end a patent lawsuit over LED tube lamp products after a Texas federal jury earlier this year awarded the business $1.5 million in damages for infringing one of its patents.