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'I Trusted Michael': Ex-Client Says Avenatti Never Paid Him
One of Michael Avenatti's former clients, who says the suspended attorney helped him win a $4 million settlement...(read more)
Jury Hits Novartis With $178M Verdict In Drug Patent Fight
A California federal jury hit Novartis with a $177.8 million verdict Thursday for selling a skin cancer drug tha...(read more)
Star Entertainment Yanks $6.6B Bid For Troubled Casino Peer
The Star Entertainment Group on Friday pulled its multibillion-dollar takeover offer for rival Crown Resorts, saying the target's value is no longer clear after the Australian government called into question whether Crown will retain a license to operate casinos because of alleged tax and money laundering issues.
Kirkland, Ropes Form $5.3B SPAC Deal For PE-Backed Cvent
Cloud-based event management platform provider Cvent, represented by Kirkland & Ellis, will go public at a $5.3 billion enterprise value by merging with a Ropes & Gray-advised special purpose acquisition vehicle, the companies said Friday.
End Roe V. Wade, Justices Urged As Abortion Battle Begins
Mississippi made the stakes crystal clear on Thursday in a new abortion case at the U.S. Supreme Court, not only defending its ban on most abortions after 15 weeks of pregnancy but also urging the justices to overrule Roe v. Wade.
In Kanter, DOJ Would Get An Aggressive Antitrust Enforcer
President Joe Biden's nomination this week of Jonathan Kanter to lead the U.S. Department of Justice Antitrust Division put to rest any lingering doubts about just how aggressively his administration will ramp up antitrust enforcement and crack down on corporate concentration.
Gilead Must Foot $1.8M Bill For 'Egregious' Litigation Conduct
The Delaware chancellor on Thursday chastised Gilead Sciences Inc. for "glaringly egregious" litigation conduct, ordering the company to pay nearly $1.76 million in attorney fees for shareholders who battled Gilead's "overly aggressive" efforts to shut down investigations into its potential malfeasance regarding its AIDS drug development.
Hyundai Sanctioned For 'Shocking' Fraud Suit Spoliation
A Florida magistrate judge hit Hyundai Motor America Corp. with spoliation sanctions Thursday for failing to preserve hundreds of engines that would've been crucial evidence in the automaker's fraud suit accusing dealerships of deliberately damaging engines to collect on warranty payments, calling the company's spoliation "frankly shocking."
Feds' Fertilizer Probe To Decide If Russia Is Market Economy
The U.S. Department of Commerce launched investigations this week that will explore claims that the Russian Federation operates as a nonmarket economy, priming the country for high import duties on goods entering the U.S.
NFL Says Forfeits Possible In Outbreaks Among Unvaccinated
NFL teams with COVID-19 outbreaks stemming from unvaccinated players that cause games to be canceled may have to forfeit those games, and players on both teams will lose their game checks, the league told teams Thursday as it seeks to start the new season amid rising infection rates in parts of the country.
Wyden Holds Up CBP Pick Until Feds Answer To Ore. Protests
The Senate Finance Committee's chairman is holding up the confirmation process for President Joe Biden's pick to lead U.S. Customs and Border Protection until his questions on the use of federal agents during last year's protests in Portland, Oregon, are answered.
Split Fed. Circ. Revives Wire Coating Patents Axed At PTAB
A split Federal Circuit panel overturned Patent Trial and Appeal Board rulings that struck down two Chemours Co. cable coating patents, with the majority finding Thursday that the board disregarded prior art teachings in deciding that the claims were obvious.
Garland Sets Limits On DOJ Contacts With White House
U.S. Attorney General Merrick Garland has imposed strict limits on communication between the U.S. Department of Justice and the White House on law enforcement matters, shoring up safeguards against political influence that some observers said had eroded under Donald Trump's presidency.
FINRA Sweeps To Target SPACs, Social Media Influencers
The Financial Industry Regulatory Authority is planning a trio of regulatory sweeps to address the latest developments causing turbulence in financial markets, including special purpose acquisition companies and social media's "finfluencers," its president and CEO, Robert Cook, said Thursday.
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The U.S. Supreme Court’s recently concluded term saw a flurry of First Amendment cases, providing lessons for how the court, with it... (read more)
The U.S. Supreme Court's recent decision in TransUnion v. Ramirez could represent a pyrrhic victory for the defense bar by further s... (read more)
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Developers can maximize revenue by putting two hotels on one property, but the dual-branded hotel business presents both benefits an... (read more)
While President Joe Biden's greenhouse gas reduction goals create a major opportunity for the nuclear energy sector, the administrat... (read more)
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