Antitrust legal eyes are glued to the first U.S. Department of Justice court challenge to a purely vertical merger since the 1970s, a deal AT&T and Time Warner say they need just to stay competitive but which the government says will drive up consumers' TV bills by hundreds of millions of dollars. Here, Law360 looks at how we got here, the key issues to watch and the highlights of the trial so far.
The European Commission plans to fine Altice, Carl Icahn snapped up a less than 5 percent stake in Dell Technologies unit VMware, and Grail Inc. wants to raise $1 billion.
Generic-drug companies Sandoz Inc. and Momenta Pharmaceuticals Inc. asked a federal judge for permission Tuesday to appeal mid-suit his decision to let another generic-drug maker sue them for allegedly telling regulators white lies to gain an advantage in a race to sell an alternative to brand-name blood thinner Lovenox.
Panasonic Corp. asked a California federal court on Tuesday to sanction Samsung Electronics Co. Ltd. over a suit alleging Panasonic monopolized the flash memory card market, arguing that Samsung initiated and maintained the eight-year-old litigation in bad faith.
A group of consumers has reached a tentative settlement agreement over claims Sony BMG Music Entertainment and other record labels conspired to fix the price of music downloads, an attorney for the music buyers told a Manhattan federal judge Monday.
Britain’s Serious Fraud Office said Wednesday it will change the way it instructs expert witnesses after a panel of U.K. Court of Appeal judges said mistakes made by a banking expert who testified in the SFO’s Libor-rigging prosecutions caused an embarrassing debacle for the crime agency.
A small cable company’s CEO warned Tuesday in D.C. federal court that he’s already seen one merger between a pay-TV distributor and a television programmer impose competitively detrimental contract terms, and the same could happen with the merger between AT&T and Time Warner being challenged by the U.S. government.
Chicago won dismissal of a scorned contractor’s antitrust claims over a lighting contract awarded to General Electric even though its products didn’t meet the Windy City’s bidding terms when an Illinois federal judge ruled Monday that the Sherman Act protects competition, not competitors.
College athletes suing the National Collegiate Athletic Association over its compensation cap criticized a move to push back a trial set for December in the already 4-year-old litigation, saying Tuesday the schedule conflict cited by a star defense lawyer was a product of that side's own bumbling.
A California appeals court on Monday upheld a lower court’s decision to dismiss a shareholder derivative suit accusing Google Inc. executives of entering into illegal “gentleman’s agreements” pledging not to poach other Silicon Valley companies’ engineers, saying the statute of limitations had run out.
Pfizer Inc. and generic-drug maker Ranbaxy Inc. asked a New Jersey federal court Monday to quash state law claims in multidistrict litigation from a group of Lipitor buyers that say the companies participated in an illegal pay-for-delay scheme to keep a generic version of the cholesterol drug out of the market.
Cox Automotive Inc., the parent of AutoTrader, Dealer.com and Kelley Blue Book, asked an Illinois federal judge Monday to keep alive its suit accusing CDK Global LLC of conspiring to monopolize access to car sales and service data in auto dealership software, insisting it has sufficiently alleged that vendors and dealers have paid exorbitant prices.
A California irrigation district has settled its putative antitrust class action against Barclays Bank PLC over alleged manipulation of western U.S. electricity prices for $29 million and asked a New York federal court to approve the mediation-facilitated deal.
The competition authority for the Philippines said Monday that Uber has shut down its app in the country despite an ongoing review of its deal to sell its Southeast Asia operations to rival ride-hailing service Grab and an order requiring Uber to continue operating until the review is complete.
Berkley Assurance Co. on Monday told a Florida federal judge that it deserves an early win on its claims that it doesn't have to indemnify or defend a visa-sponsoring placement service for au pairs that is accused of conspiring with other sponsor agencies to set low pay rates.
Lawyers for former Barclays PLC bankers charged with rigging the Euro Interbank Offered Rate told jurors at a London court on Tuesday that their clients did not act dishonestly when they asked for rates that would benefit their trading positions.
Andrews Kurth Kenyon saw a more than 12 percent drop in headcount in the year before its February merger with Hunton & Williams — a story experts expect to become familiar for regional firms in Texas.
BigLaw’s brass ring has grown more elusive in recent years, Law360 data shows, and experts say a number of potentially market-changing forces may be at work.
Lathrop Gage lost more than 15 percent of its attorneys in 2017. Can a new managing partner help bolster its headcount?
De-equitized partners. Contracting offices. Declining headcount. The leaders of Stroock & Stroock & Lavan say it’s all part of the plan — a plan that’s already paying dividends.
The trial of a former UBS trader accused of spoofing in the precious metals futures market teed off in New Haven federal court on Monday, with federal prosecutors painting him as a fraudster while his attorneys slammed the government’s case as “fool’s gold.”
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.
In his first year on the U.S. Supreme Court, Justice Neil Gorsuch has proven to be a narrow-minded elitist who consistently votes in favor of corporations and the powerful, acting to roll back protections for workers, consumers, LGBTQ individuals and other marginalized communities, says Elliot Mincberg of People for the American Way.
Resolution of the standing issues raised in the U.S. bribery suit brought by Venezuela’s state-owned oil company PDVSA may have implications not just for this case, but for whether PDVSA may be bound by the Venezuelan government to any future debt restructuring, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
The documents filed thus far in the U.S. bribery suit brought by Venezuela’s state-owned oil company PDVSA make clear that the standing issues in this case are complicated. The case also presents questions as to whether it will have implications for financial creditors of PDVSA and the republic, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
As part of a sweeping government restructuring plan announced last month, China is merging a range of government agencies into the new State Market Regulatory Administration. Multinational companies doing business in China must pay close attention to how functions within the newly consolidated agency will be organized, say attorneys with Ropes & Gray LLP.
The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.
"Minimum advertised price" polices are a commonplace and conceptually simple tool, but as many manufacturers and suppliers have learned, they can be challenging to implement in practice, say Lesli Esposito and Brian Boyle of DLA Piper.
The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.
In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.
I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.
Andre Flotron's upcoming criminal trial and the corresponding civil complaint demonstrate that regulators have the appetite to bring spoofing cases based largely on patterns observed in trade data. This data may be supplemented by the allegedly incriminating testimony of witnesses, say attorneys with Dechert LLP.