Justices Unsure If 'Dangerously Vague' CFAA May Do Harm

Top Stories

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  FTC Sues To Block CoStar's $588M RentPath Deal

  By Matthew Perlman

  The Federal Trade Commission on Monday moved to block CoStar Group Inc.'s plan to buy bankrupt online rental pro...(read more)

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  FCC's Pai To Step Down On Inauguration Day

  By Kelcee Griffis

  Republican FCC Chairman Ajit Pai announced Monday that he will depart the agency on President-elect Joe Biden's ...(read more)

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• Embattled Copyright Lawyer Liebowitz Suspended From SDNY

  By Bill Donahue

  The Southern District of New York on Monday suspended copyright attorney Richard Liebowitz from practicing law in the district, citing a "repeated disregard" for its orders and scores of other disciplinary actions in courts around the country.

• Chancery Finds Chinese Co. Defaulted In $5.8B 15-Hotel Sale

  By Dave Simpson

  A China-based holding company made COVID-19-related changes to its hotel business and was not transparent about its struggles with a deed fraudster, relieving a Korean investment company of its obligation to buy 15 hotels for $5.8 billion, a Delaware vice chancellor ruled Monday.

• SDNY Closes Courthouses Until Jan. 15 Amid COVID-19 Spike

  By Hailey Konnath

  The Southern District of New York will be shuttering its courthouses to the public and canceling all in-person proceedings until at least mid-January as COVID-19 cases surge in the region and across the country, according to a standing order issued Monday.

• Cboe Investor 'Reluctance' Questioned In 7th Circ. VIX Fight

  By Bryan Koenig

  A Seventh Circuit panel Monday pressed a group of investors trying to revive claims against the Chicago Board Options Exchange to show how they were injured by alleged manipulation of Cboe's volatility index if the tampering harmed some traders but benefited others.

• 30 AGs Back $465M J&J Verdict In Landmark Opioid Trial

  By Jeff Overley

  A $465 million judgment against Johnson & Johnson after the first trial in a nationwide wave of opioid-crisis litigation was legally sound and strengthened other lawsuits aimed at holding pharmaceutical companies accountable for rampant painkiller addiction, 30 attorneys general told the Oklahoma Supreme Court.

• 2 More BigLaw Firms Add Pandemic Payouts To 2020 Bonuses

  By Justin Wise

  Proskauer Rose LLP and Fried Frank Harris Shriver & Jacobson LLP are planning to pay associates end-of-year bonuses of up to $100,000 plus special one-time rewards in line with what other firms have doled out for work during the COVID-19 pandemic, the firms confirmed to Law360 on Monday.

• Pa. Gov. Vetoes Expanded Coronavirus Liability Protections

  By Matt Fair

  Gov. Tom Wolf on Monday vetoed a controversial bill aimed at extending broad protections to nursing homes, hospitals and other Pennsylvania businesses from certain lawsuits over alleged coronavirus exposure, saying that the bill created a potential safety risk.

• TSA Worker Says Security Screeners Owed Virus Hazard Pay

  By Craig Clough

  A Transportation Security Administration employee filed a putative class action Monday against the federal government alleging that TSA workers are being deprived of required hazard and environmental discharge pay for work conducted at airports during the COVID-19 pandemic.

• High Court Wary Of Excluding Immigrants From Census Count

  By Suzanne Monyak

  The U.S. Supreme Court on Monday appeared skeptical that President Donald Trump's memo to exclude unauthorized immigrants from the census count for political redistricting is constitutional, but several justices also expressed caution about ruling prematurely.

• Ann Taylor, Lane Bryant Parent Files To Sell Brands For $540M

  By Rick Archer

  Ascena Retail Partners has asked a Virginia bankruptcy court for permission to sell its Ann Taylor and Lane Bryant stores to an affiliate of private equity firm Sycamore Partners for $540 million.

• Moderna Seeks FDA Approval For COVID-19 Vaccine

  By Kevin Stawicki

  Moderna on Monday said it is filing an emergency approval request with the U.S. Food and Drug Administration, asking the regulator to sign off on its COVID-19 vaccine that the drugmaker claims is 100% effective at preventing severe cases and 94% effective at preventing infection.

• Wachtell, Davis Polk Power S&P's $44B IHS Markit Buy

  By Benjamin Horney

  New York-based ratings agency S&P Global Inc., led by Wachtell, will take over Davis Polk-advised data and analytics firm IHS Markit Ltd., in an all-stock deal that values the London-headquartered target at $44 billion, including debt, the companies said Monday.