The U.S. Department of Justice said Thursday that it plans to appeal a D.C. federal court ruling last month that nixed its challenge to AT&T Inc.’s now-completed $85.4 billion purchase of Time Warner Inc. While the antitrust community waits to see what points the government raises on appeal, experts say there are a few things to keep in mind.
Fourteen states and the District of Columbia asked the full Ninth Circuit to revisit a recent appellate decision reviving the U.S. Chamber of Commerce's challenge to a Seattle ordinance letting app-based, ride-hailing drivers bargain collectively, saying Thursday the ruling intruded on state sovereignty.
A U.K. asset management firm announced on Friday that it has slashed the amount it set aside for possible penalties in a Financial Conduct Authority antitrust probe from £1 million ($1.3 million) to £109,000.
An Illinois federal judge on Thursday dismissed Baxter International Inc. and Hospira Inc. without prejudice from an Alabama health care provider’s proposed antitrust class action alleging that they conspired to fix the price of intravenous saline solution by using recalls to stage a shortage, agreeing that the theory is "implausible."
The NCAA must make three witnesses available for pretrial questioning in a lawsuit challenging the organization’s rules that prevent athletes from being paid beyond their scholarships, a California federal judge ruled after former college athletes who brought the lawsuit accused the NCAA of playing games with its witness lists.
Scientific Games Inc. told an Illinois federal judge on Thursday that its rival Shuffle Tech International LLC is proposing an unnecessary and “unduly prejudicial” instruction ahead of their trial this month over Shuffle Tech’s claim the gaming technology company unlawfully cornered the electronic card-shuffler market.
The North American Soccer League defended its bid for an early June 2019 trial date in its antitrust suit against the U.S. Soccer Federation, arguing in New York federal court Wednesday that it has repeatedly lobbied for the date to ensure it can hold a 2020 season.
Koch Foods Inc. asked an Illinois federal court on Thursday to deny a bid by chicken buyers to compel production of as many as 50,000 email attachments in major antitrust multidistrict litigation against poultry producers, arguing that providing the documents would impose an undue burden on the company.
Baker Donelson Bearman Caldwell & Berkowitz PC fought Tuesday to continue representing a Blue Cross Blue Shield unit facing an antitrust suit from allergy testing company United Allergy Services, telling a Louisiana federal court that its short stint representing UAS involved no exposure to confidential information that would disqualify it from from representing the insurer in this case.
Europe's competition enforcer said Wednesday it has approved Tronox Ltd.'s proposed $2.4 billion purchase of the Saudi-owned chemical mining company Cristal, after Tronox agreed to sell a business supplying certain titanium dioxide pigments used for paper laminate.
Investors behind a putative class action accusing several big banks of rigging the foreign exchange market have called for $1 million in restitution from a former Barclays PLC and BNP Paribas PLC trader, telling a New York federal judge they should have a say in his sentencing proceedings.
Fifty New Orleans taxi drivers and companies suing Uber Technologies Inc. and its subsidiary Rasier LLC for unfair competition urged a Louisiana federal court Tuesday to reject Uber's attempt to toss the suit, saying they are seeking damages rather than the enforcement of certain laws.
What makes a law firm truly global? What does it take to handle the biggest and most complex cross-border matters? These firms know. Here, Law360 reveals its eighth annual ranking of the firms with the most international clout.
Setting up shop across the globe may seem impossible for smaller law firms, but it can be done — and it's not the only way to get business overseas. Here, Law360 looks at what firms should think about when deciding whether, and how, to go global.
With Britain less than a year from exiting the European Union, firms on Law360’s Global 20 have begun pushing deeper into the countries remaining in the bloc, adding offices and industry specialists in a shift that could rebalance how BigLaw works in the region.
Credit card companies Visa and MasterCard set fees at an unlawful level that restricted competition, a London appellate court ruled Wednesday, in a landmark judgment in favor of a group of British retailers that could revive lawsuits potentially worth billions of dollars against the card firms.
A putative class of direct purchasers of the cholesterol drug Zetia asked a Virginia federal judge on Monday to consolidate their antitrust claims accusing Merck & Co. of orchestrating a pay-for-delay scheme to keep a generic version of the drug off the market.
A European court on Tuesday upheld a €57 million ($66.4 million) fine levied against Sanitec Europe Oy for its part in an alleged price-fixing scheme in the market for bathroom fixtures that saw enforcers hit 17 companies with more than €600 million in penalties.
South Africa’s competition enforcer said Tuesday that it has hit embattled car parts manufacturer Takata Corp. with more than a dozen additional charges over allegations that it fixed the prices for seat belts and airbags supplied to BMW, Toyota and others.
A Luxembourg-based investment group has launched a putative class action accusing the holding company for the Chicago Board Options Exchange of manipulating the VIX index, causing the U.S. volatility benchmark to spike and reaping more than a billion dollars in proceeds in the process.
A proposed class of drug wholesalers alleging GlaxoSmithKline PLC and Teva Pharmaceutical Industries Ltd. conspired to delay generic competition of the epilepsy treatment Lamictal asked a New Jersey federal judge on Tuesday for certification, reasoning that district courts have allowed similar claims to advance as class actions.
A D.C. federal judge has rejected the U.S. Department of Justice’s arguments that AT&T’s planned purchase of Time Warner would hurt competition and drive up consumer costs, dealing a major blow to the government’s first court challenge of a vertical merger in decades. Here, Law360 looks at how we got here, the key issues and highlights of the case.
The latest ABA annual antitrust law spring meeting ran the gamut from the government's tough new take on no-poaching pacts to hurdles innovation can cause in merger reviews— plus wide-ranging comments from the DOJ's new antitrust chief. Here's a look at Law360's coverage of three days of debates, tips and quips.
The recent acquittal of former UBS trader Andre Flotron in the second spoofing case to go to trial has resulted in comparisons to the spoofing-related conviction of Michael Coscia in 2015. But there are significant differences between the two cases that make such comparisons difficult, say attorneys with K&L Gates LLP.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
After six months of wrangling over the fate of a proposal to modernize the Committee on Foreign Investment in the United States, the U.S. Congress appears primed to streamline the CFIUS review process. As it currently stands, the proposed legislation would alter the process in many critical respects, say attorneys with Gibson Dunn & Crutcher LLP.
Despite the partiality some courts have shown to live video testimony, it provides no advantages — and several disadvantages — over the tried-and-true method of videotaped depositions, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
"Uncivil Warriors: The Lawyers' Civil War," by Peter Hoffer, is a new book about the involvement of lawyers on both sides in the American Civil War. The discussion is enlightening and often fascinating, but falls short in several key areas, says Federal Circuit Judge Evan Wallach.
Connecting with potential prospects is now more challenging due to the EU General Data Protection Regulation, meaning that law firm microsites, blogs and social media will become more valuable than ever. The firms that deploy them strategically will increase their relative visibility and accelerate the rebuilding of their opt-in distribution lists, says Stephan Roussan of ICVM Group.
The anticipated legalization of sports betting in over 20 states is expected to add billions of dollars to U.S. gambling revenue. At the same time, mergers and acquisitions in the industry have attracted the Federal Trade Commission's attention, and questions regarding the economics of gambling must be addressed, says Roland Eisenhuth of Epsilon Economics LLC.
As the Judicial Panel on Multidistrict Litigation heads to Chicago for its May 31 hearing session, Alan Rothman of Arnold & Porter observes the panel’s golden anniversary with a retrospective look at its origins in the enactment of the MDL statute in April 1968, and reviews its most recent hearing session held in Atlanta on March 29.
The growth of litigation funding has only increased the controversy surrounding it. Looking to move beyond the rhetoric for and against the practice, attorney and investment analytics expert J.B. Heaton, of J.B. Heaton PC and Conjecture LLC, attempts an objective analysis of the underlying economics of the litigation funding arrangement.