A high-stakes case at Britain’s highest court that ended in defeat for top poker player Phil Ivey is a seismic ruling with huge ramifications for criminal law and individuals accused of fraud, lawyers say, as it hands more power to prosecutors ahead of several major trials where bankers stand accused of rigging rates and markets.
Germany's competition authority said Tuesday that it has launched its first consumer protection inquiry after gaining new authority in the area earlier this year and is looking at online price-comparison websites.
Europe's antitrust authority said Wednesday that it has approved a €131 million ($154.8 million) investment being made by Hungary for energy company MOL Group’s planned expansion of a petrochemical plant in the country, after finding the project's support of economic development in the region in line with state aid rules.
Deutsche Bank AG will pay $220 million to several dozen states to resolve allegations that the German company manipulated benchmark interest rates including the U.S. dollar London Interbank Offered Rate in the largest Libor-related deal with state attorneys general to date, the New York attorney general announced Wednesday.
Allergan has asked a California federal judge not to toss its suit alleging Imprimis Pharmaceuticals illegally manufactures and sells unapproved new drugs under a drug compounding loophole in FDA regulations, saying it has shown that it complies with the Federal Food, Drug and Cosmetics Act and state regulations.
The conviction of former HSBC foreign currency exchange executive Mark Johnson on fraud and conspiracy charges over his handling of a $3.5 billion currency swap for Cairn Energy PLC has put banks around the world on notice about front-running forex deals, but it leaves unanswered questions about where to draw the line.
Clothing retailer American Eagle Outfitters Inc. has agreed to walk away from multidistrict litigation in New York federal court targeting Visa and MasterCard over interchange fees and other alleged anti-competitive rules, making its exit just days before a deadline to file an amended complaint.
A New York federal judge on Tuesday declined to dismiss for good United’s counterclaims in DHL’s antitrust suit over air cargo surcharges, saying that granting the request would hurt the airline’s plan to pursue the claims in bankruptcy court.
A New York federal judge on Tuesday paused the long-running multidistrict litigation against American Express Co. over rules barring merchants from steering customers to other credit cards while the U.S. Supreme Court reviews an appeal in a related case.
The Ninth Circuit on Monday revived a lawsuit by CollegeNET Inc. accusing Common Application Inc. of monopolizing the standardized college application process, finding CollegeNET’s claims that its rival’s market dominance curbed innovation and choice to be enough to state an antitrust claim.
The North American Soccer League reiterated its call to block the U.S. Soccer Federation from downgrading it below second-tier status among U.S. leagues, warning a New York federal court that the league would dissolve if it were to drop any lower.
Europe’s competition watchdog said Tuesday it has determined that €1.83 billion ($2.2 billion) set to be paid by France to La Banque Postale through 2020 to make banking services more accessible to poor people is in line with European Union state aid rules.
Chipmaker Qualcomm Inc. and its directors and executives asked a Delaware federal judge Monday to kill most of a suit that accuses them of turning a blind eye to antitrust violations and misleading investors about product quality, saying the claims are meritless and partly “cribbed” from another suit.
Uber Technologies Inc. urged a Massachusetts federal judge on Friday to throw out seven consolidated lawsuits in which roughly 800 Boston-area taxi companies accuse the ride-hailing giant of competing unfairly by failing to comply with local taxi rules, saying the rules have never applied to it.
The American Antitrust Institute on Friday asked to weigh in with the Third Circuit in support of Valspar Corp.'s bid for a rehearing to revive its $176 million price-fixing lawsuit against DuPont, telling the appellate court its earlier ruling is inconsistent with both its own and U.S. Supreme Court precedent.
An Argentine sports media rights company urged a Florida federal judge Monday to deny a renewed motion to bring it back into a bribery and antitrust lawsuit against a group of 21st Century Fox Inc. units over broadcast rights for South American soccer tournaments.
A New Jersey federal judge on Friday signed off on a $61.5 million agreement to end allegations Sanofi Pasteur Inc. unlawfully bundled its pediatric vaccines, with $20.5 million going toward doctors’ attorneys’ fees and $7.2 million covering expense reimbursement.
The last remaining consumer in a New Jersey federal suit accusing BMW, VW and other German luxury-car makers of a decadeslong antitrust conspiracy formally dropped her claims Monday, but they will play out alongside three similar cases recently centralized in Northern California.
A European court on Monday rejected the second appeal brought by a federation of watch repairers challenging the European Commission’s decision to close investigations into claims that luxury watch makers, including Swatch Group Inc., agreed to stop supplying spare parts to independent repair shops.
The Eighth Circuit on Friday denied UnitedHealth Group Inc. an en banc rehearing of its decision that the health insurance giant's excess insurers don’t have to contribute to the $350 million it is shelling out to settle two class actions.
Gab AI Inc., a social media platform aimed at conservatives voices — including those banned from other platforms — voluntarily dismissed its antitrust suit against Google on Sunday, saying that Google had offered the company a chance to submit an application asking Google to reconsider booting Gab’s app from its app store.
There is an Obama antitrust legacy of aggressive enforcement, particularly on mergers, but this legacy is mostly ignored. The antitrust bar should care about this oversight, says Kelsey Shannon of the Lynn Law Firm.
David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.
There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)
Special master appointments can be very beneficial in resolving disputes quickly, streamlining discovery, handling delicate settlement negotiations, and — somewhat surprisingly — reducing cost and delay, says retired U.S. District Judge Shira Scheindlin, now with JAMS.
As more law firms become the targets of major cyberattacks, more firms may consider appointing a chief privacy officer. In this series, CPOs at four firms discuss various aspects of this new role.
For outside counsel, oftentimes efficiency and responsiveness collide with security measures as clients are increasingly requiring their law firms to comply with third-party risk management programs. To meet these challenges, law firms are focusing more on the roles of chief privacy officer and chief information security officer, says Phyllis Sumner, chief privacy officer for King & Spalding LLP.
During the jury selection process, many times parties submit proposed voir dire questions, but the court ultimately chooses the questions to be asked and does all of the questioning of the jury panel. While this approach is judicially efficient, rarely do we learn anything meaningful from the panel members, say Lisa Blue of Baron and Blue and Robert Hirschhorn of Cathy E. Bennett & Associates.
As law firms hold sensitive information not only related to the firm but to the firm’s clients, an insider threat — whether it's a "bad actor employee" or inadvertent activity — poses a particular concern. There are steps that privacy officers can initiate to help minimize these threats, says Patricia Wagner, chief privacy officer for Epstein Becker Green.
As the role of law firm chief privacy officer becomes more prevalent and expansive, many CPOs are finding themselves in the midst of a delicate balancing act — weighing compliance with government regulations and client requirements on one side with the needs of firm business on the other, says Kristin Jones, chief privacy officer for Stradley Ronon Stevens & Young LLP.
According to many publications, a handful of companies are getting too big, and maybe we need to change the antitrust laws. What these commentaries never seem to acknowledge is that the U.S. economy has seen these kinds of supposedly unassailable behemoths in the past — and survived, says Steven Cernak of Schiff Hardin LLP.