Chuck E. Cheese's owner CEC Entertainment Inc. on Wednesday urged a Texas federal judge to rule that Travelers must shell out more than $4.9 million to cover the pizza chain's costs to defend a shareholder suit stemming from its 2014 merger, while the insurer looked to stop the coverage bid in its tracks.
Aspen REIT Inc., a real estate investment trust that was formed to own a Colorado mountainside resort and sought to become the first single-asset REIT to list on major stock exchange, late on Wednesday postponed an offering to raise about $34 million through a Regulation A+ “mini-IPO."
Omni Hotels asked the First Circuit on Wednesday to reconsider the court’s decision to revive a man's suit accusing the company of negligence in an assault he suffered in a hotel lobby, saying circuit judges erred in accepting "inadmissible hearsay" and speculation about Omni’s standard of care.
Two Seventh Circuit judges considering whether to revive a proposed class action against DraftKings and FanDuel over their use of college athletes’ likenesses said Thursday they likely need the state of Indiana to weigh in on whether exemptions in its right of publicity law cover fantasy sports sites.
A Florida judge sided with Miami-Dade County on Thursday in its dispute with the Miami Marlins, ruling that the team breached a 2009 contract for public financing of its stadium and ordering the Marlins to share with the county detailed financial information from their recent $1.2 billion sale.
The Third Circuit on Wednesday affirmed a ruling for Windrift Hotel Resort in litigation brought by a woman whose leg was amputated after she contracted sepsis and a bacterial skin infection from raw clams, saying there wasn’t enough evidence that the Jersey Shore establishment was to blame for the allegedly defective food.
Unit owners in a Costa Rican luxury condo development stood behind their request to confirm a nearly $1.6 million arbitral award against the resort’s developer Wednesday, contending that an Arizona federal court can enforce the award even though it was annulled by the Central American country’s Supreme Court.
Two Trump hotel management companies urged a New York federal court to keep alive their arbitration claims alleging that the owners of units in a Trump-branded Panamanian hotel unfairly ousted them from a hotel management contract, arguing that the parties agreed to binding international arbitration.
Activist hedge fund Barington Capital Group LP sent a letter Wednesday to struggling restaurant company Bloomin’ Brands Inc. urging it to spin off its three smaller brands into a new company while leaving its successful Outback Steakhouses to operate independently, among other changes.
The Forest County Potawatomi Community has again urged a D.C. federal judge to award the tribe summary judgment in its bid to vacate a Bureau of Indian Affairs decision rejecting an amendment to the tribe’s gambling deal with Wisconsin, saying the change wouldn’t put another tribe on the hook for payments to protect the Potawatomi’s casino business.
A Manhattan ramen restaurant settled with the federal government over claims that it unlawfully discriminated against a job applicant on the basis that he was not Korean or Japanese, the U.S. Department of Justice announced Wednesday.
The Citizen Potawatomi Nation urged the Tenth Circuit on Tuesday to revisit its ruling vacating an arbitration decision that had exempted the tribe from $27 million in alcohol sales taxes, saying the court wrongly struck down the arbitration provision in the tribe’s gambling deal with the state.
A former employee at a pair of Harrah's casinos urged a North Carolina federal court on Tuesday to deny an executive's bid to assert tribal sovereign immunity and kill a proposed class action alleging staffers weren’t paid for all the time they worked.
A former Arnold & Porter partner who represents real estate investment funds in financing and restructuring commercial properties, including a fund that acquired a luxury Bahamian resort, has rejoined Cadwalader Wickersham & Taft LLP.
A former Lifetime Fitness executive accused of tipping friends about the gym chain’s planned private equity buyout in exchange for a cut of trading profits pled guilty on Wednesday to a count of conspiracy to commit securities fraud he faced over the scheme.
US Airways Inc. slammed travel-planning giant Sabre Holdings Corp.'s bid to duck a $15 million jury verdict in an antitrust suit, telling the Second Circuit on Tuesday that Sabre had significant market power and an anti-competitive contract, and the airline should be allowed to prove additional damages.
Miami-Dade County sued the Miami Marlins on Friday, claiming the Major League Baseball team is withholding a 5 percent cut of profits from the team’s $1.2 billion sale under the terms of a 2009 contract for public financing of the team’s $600 million stadium.
The Delaware Supreme Court on Tuesday revived a shareholder suit contesting Diamond Resorts International's $2.2 billion sale to Apollo Global Management, saying Diamond’s board should have disclosed why the company’s founder opposed the sale.
Unions representing Disney World workers filed a federal labor complaint on Monday claiming Disney has improperly withheld $1,000 bonuses announced by the company after Congress passed the GOP tax cut bill.
U.K. betting company William Hill PLC’s online business got hit with a penalty package of at least £6.2 million ($8.7 million) by the British Gambling Commission on Tuesday due to senior management’s failure to protect consumers and prevent money laundering, the regulator said.
California workers have spent over a century carving out the rights to have fair working conditions, an eight-hour work day and to be paid a living wage. The gig economy largely seeks to circumvent these well-established laws, says Mike Arias of Arias Sanguinetti Wang & Torrijos LLP.
Late last year, the Sedona Conference released the third edition of its principles addressing electronic document production, updated to account for innovations like Snapchat and Twitter. It may be necessary for these principles to be updated more often in order to keep pace with technology, says Charles McGee III of Murphy & McGonigle LLP.
Last week, the District of Delaware raised eyebrows by ruling that documents provided to a litigation funder and its counsel in connection with their due diligence are categorically not attorney work product. Acceleration Bay v. Activision Blizzard seems to be a case of bad facts making bad law, says David Gallagher, investment manager and legal counsel for Bentham IMF.
A California federal judge implied that her recent decision in Lawson v. GrubHub was a close call, which suggests there is a tipping point where a driver moves from the independent contractor classification to the employee classification. However, when exactly that happens is still up in the air, says Art Lambert of Fisher Phillips.
Artificial intelligence tools can empower attorneys to work more efficiently, deepen and broaden their areas of expertise, and provide increased value to clients, which in turn can improve legal transparency, dispute resolution and access to justice. But there are some common pitfalls already apparent in the legal industry, say Ben Allgrove and Yoon Chae of Baker McKenzie.
The Fourth Circuit's recent opinion in Degidio v. Crazy Horse Saloon and Restaurant serves as a lesson to employers and counsel alike on what not to do when setting up an arbitration program or when attempting to enforce an arbitration agreement, says Phillip Kilgore of Ogletree Deakins Nash Smoak & Stewart PC.
In "Justice and Empathy: Toward a Constitutional Ideal," the late Yale Law School professor Robert Burt makes a compelling case for the undeniable role of the courts in protecting the vulnerable and oppressed. But the question of how the judiciary might conform to Burt’s expectations raises practical problems, says U.S. Circuit Judge Allyson Duncan of the Fourth Circuit.
As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.
Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.
Law firms claim they create client teams to improve service. Clients aren’t fooled, describing these initiatives as “thinly veiled sales campaigns.” Until firms and client teams begin to apply a number of principles consistently, they will continue to fail and further erode clients’ trust, says legal industry coach Mike O’Horo.