Massachusetts Law360 provides breaking news and analysis on legal and regulatory issues in Massachusetts. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
Chinese video-streaming giant iQiyi Inc. has launched an estimated $2.3 billion initial public offering, leading six companies that set price ranges on Friday and Monday for IPOs estimated to raise nearly $3.1 billion combined and hit the market later this month.
A Boston juror’s family emergency led to a mistrial Monday in a bribery case against four former corporate advisers at Georgeson LLC, despite calls from both sides to move forward with a smaller panel.
A Massachusetts federal judge on Monday ruled federal prosecutors will have to prove a pair of Boston City Hall aides directly benefited when they allegedly pressured a music festival to hire unneeded union labor, upholding a high standard prosecutors have said they likely cannot meet.
The Council on State Taxation has joined the protest against a bill in Massachusetts that would require retailers and credit card processors to submit daily sales tax receipts, arguing the measure would be costly to administer and harmful to business and would offer no financial gain.
The First Circuit on Monday declined to reconsider its decision to revive a man’s lawsuit accusing Omni Hotels of negligence during an assault he suffered in the lobby of one of its properties in Rhode Island, ruling that there is enough evidence to suggest Omni didn’t adhere to the proper standard of care.