Top Stories

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  Live Nation Antitrust Judge Wants To 'Punt' On State Claims

  By Pete Brush

  A federal judge in Manhattan asked Friday whether federal and state authorities accusing Live Nation of stifling...(read more)

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  TikTok Seals Joint Venture Deal For US Operations

  By Lauren Berg

  TikTok's Beijing-based owner, ByteDance, has sold a majority stake in the video app's U.S. operations to a new U...(read more)

• DC Circuit Bars Nazi Art Claims Over Sovereign Immunity

  By Caroline Simson

  The D.C. Circuit on Friday reluctantly ended a 16-year-old lawsuit brought by the descendants of a Hungarian Jewish art collector seeking the return of a priceless art collection looted by the Nazis, saying they could not show that the artwork had been expropriated.

• Coinbase Moves To End Suit Over SEC, 'Bankruptcy' Warnings

  By Katryna Perera

  Coinbase and its top brass have again urged a New Jersey federal judge to toss a class action alleging the cryptocurrency exchange misled investors about its regulatory risks and bankruptcy concerns, arguing investors were given enough notice about a U.S. Securities and Exchange Commission investigation and that new Third Circuit rulings undercut the suit's claims.

• 2nd Circ. Judges Appear At Odds On Arbitration Ban's Reach

  By Anne Cullen

  Two Second Circuit judges expressed oftentimes conflicting interpretations of the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act during a case hearing Friday, engaging in a lengthy debate hinged on what claims the arbitration shield can keep in court.

• Intel Case Sets Up Justices To Tackle 401(k) Benchmarks

  By Kellie Mejdrich

  The U.S. Supreme Court's decision to take up a suit challenging target-date fund offerings in two Intel employee 401(k) plans gives benefits attorneys hope that clarity is coming on whether meaningful benchmarks are required to plead that investment underperformance breached fiduciary duties under federal benefits law.

• As Duke Sues Its Own QB, NIL Tensions Come To A Head

  By Alex Lawson

  Duke University's gambit to stop its star quarterback from transferring to another school signals the latest friction point in college sports, providing an opportunity for courts to tackle the still-evolving concept of direct payment deals between athletes and their schools regarding name, image and likeness.

• Mass. Judge Seeks Input On Kalshi Sports Ban

  By Julie Manganis

  A Massachusetts state court judge said Friday he is still grappling with how to craft an order barring prediction market Kalshi from promoting sports-related event offerings in the state without infringing on the rights of existing contract holders, asking counsel for the company and the Massachusetts Office of the Attorney General for help hammering out the details.

• Reforms, $737.5K Fee Proposed To End Del. Skin Tech Suit

  By Jeff Montgomery

  A mediated deal on corporate governance reforms and a fee and expenses award have tentatively settled a consolidated Delaware Court of Chancery derivative suit targeting oversight and disclosure failures involving a "hydrafacial" skin treatment device that cost The Beauty Health Co. at least $63.2 million to manage.

• X Can't Access OpenAI Source Code In Antitrust Suit

  By Matthew Perlman

  A Texas federal court will not force OpenAI Inc. to hand over its source code in an antitrust case from Elon Musk's X Corp. over the artificial intelligence company's deal to integrate ChatGPT on Apple devices.

• Dems Push For Another Round Of Jack Smith Testimony

  By Courtney Bublé

  Following former special counsel Jack Smith's congressional appearance, Democrats are looking for him to return once he is able to speak about the second volume of his report on President Donald Trump's retention of classified documents after he left office.

• 5 Firms Steer Capital One's $5.15B Fintech Buy

  By Jade Martinez-Pogue

  Banking giant Capital One Financial Corp. has announced plans to acquire fintech company Brex in a $5.15 billion cash-and-stock deal that was built by five law firms.

• A&O Shearman-Led Telenor To Exit Thailand In $4B Deal

  By Dawood Fakhir

  Norwegian telecoms company Telenor said it has agreed to sell its entire stake in Thailand's True Corp. for approximately 39 billion Norwegian kroner ($4 billion), marking its exit from the country after 25 years.

• Apple Hit With £1.5B Class Action Over Digital Wallet Fees

  By Eddie Beaver

  Apple has been hit with a competition claim on behalf of more than 50 million U.K. consumers who allege that the technology giant imposed fees on financial institutions using Apple Pay which increased banking costs by up to £1.5 billion ($2 billion).