Verizon has agreed to pay $17.68 million to end an investigation by the Federal Communications Commission and the U.S. Department of Justice into possible violations of competitive bidding rules for a federally backed program that brings internet services to schools, the FCC announced Tuesday.
The onetime companion of former CBS and Viacom executive chairman Sumner Redstone filed a $100 million lawsuit on Monday against the billionaire’s daughter in California federal court, alleging Shari Redstone “methodically” conducted a criminal scheme to take over the ailing media mogul’s life for financial gain.
A former hedge fund executive accusing Bloomberg LP of defamation has urged the Second Circuit to reject media organizations’ contention that New York law protects journalists reporting statements by parties involved in litigation, saying that, if adopted, it would excuse journalists from even “elementary fact-checking.”
Grammy Award-winning musician Frank Ocean beat a $14.5 million libel suit from his estranged father Tuesday, when a California federal judge ruled at a daylong bench trial that the dad hadn’t shown that his son defamed him with a 2016 Tumblr post that recounted him calling a transgender waitress an anti-gay slur.
The Third Circuit on Tuesday affirmed that several media outlets including the New York Daily News and TMZ Productions Inc. did not commit libel when they reported on a New Jersey woman’s purported involvement in an illicit drug and prostitution ring, allegations that she was later cleared of.
Songkick asked a California federal court on Monday to sanction Ticketmaster LLC and Live Nation Entertainment Inc. over their late production of thousands of discovery documents two months before trial in its lawsuit over their alleged monopoly on ticket sales.
A California federal judge on Monday denied the bulk of Twitter Inc.’s bid to escape investors’ allegations that the social network intentionally hid flagging user engagement to boost stock sales, keeping alive claims that the company's omission of certain metrics was intentionally misleading.
The Federal Communications Commission announced Monday that it is doling out $1 billion to reimburse eligible full-power and Class A broadcasters and multichannel video programming distributors for initial costs incurred in building station facilities on reassigned channels.
As the telecommunications industry lays the groundwork for the fifth-generation cell service network promising unparalleled speeds and the ability to support scores of connected devices, the 2018 Winter Olympics and NASCAR races are shaping up as notable testing grounds for the technology.
SpringerNature is readying an initial public offering that could value the educational publishing business at up to €4 billion, private-equity-backed yoga and fitness center operator Pure Group is for sale, and the IPO of Deutsche Bank’s asset management division could raise €2 billion.
A federal judge on Monday refused to alter his ruling that film studio Lions Gate Entertainment couldn’t sue TD Ameritrade for trademark infringement over an ad riffing on the famous quote from the film “Dirty Dancing” that “nobody puts Baby in a corner.”
BuzzFeed told a Florida federal court Monday that a number of state and federal laws protect it from being compelled to reveal its source for a dossier alleging that Russia has compromising information on President Donald Trump and that his companies helped target Democratic leaders’ computers.
After nearly a week of silence, FCC Chairman Ajit Pai addressed recent statements by President Donald Trump that NBC should have its broadcast license challenged for running a disparaging story about the president, saying Tuesday he’s a firm believer in the First Amendment, but without criticizing the president directly.
Las Vegas Sands Corp. and two executives have urged the Ninth Circuit not to revive a class action accusing the casino operator of misleading investors about its development pipeline, arguing in a pair of briefs that shareholders were repeatedly warned that the company’s ambitious expansion strategy came with risks.
GFP Real Estate has reportedly scored a $75 million loan for a New York office building, Amazon is said to be leasing six floors in downtown Seattle from private equity shop Starwood, and Freemont Capital has reportedly bought the former Death Row Records headquarters in Beverly Hills, California, for $17.5 million.
The NCAA joined the NFL and other major professional sports leagues to hit back Monday at claims that a federal prohibition on state-authorized sports betting is unconstitutional, arguing before the U.S. Supreme Court that the law does not force states to enact or administer federal policy.
Billy McFarland, the beleaguered Fyre Fest impresario who faces fraud charges and class action suits over the failed Bahamas music fest, was accused Tuesday in Manhattan federal court by counsel for Ja Rule of ripping off the rapper's vision.
A California federal judge on Friday blocked TV maker Vizio Inc.’s bid to challenge her decision not to toss a privacy lawsuit brought by consumers who allege their smart TVs are spying on them, finding that an appeal would only delay the case.
A possibly unauthorized spinoff organization controlled by some of the late conservative activist Phyllis Schlafly’s loyalists cannot countersue those who control Schlafly’s original group, the Eagle Forum, who sued alleged interloper Phyllis Schlafly’s American Eagles last year shortly before Schlafly’s death in the wake of a family squabble over Donald Trump.
BuzzFeed hit the U.S. Department of Justice with a Freedom of Information Act complaint in New York federal court Monday, urging the government agency to reveal the names of the former U.S. attorney and a subordinate who were involved in an affair.
The new book "The Judge: 26 Machiavellian Lessons" is a lively tour of colorful incidents and personalities that have populated the U.S. Supreme Court for the past 23 decades. Do authors Ronald Collins and David Skover prove their thesis that hypocrisy is the key to judicial greatness? Some of their examples are hard to dispute, says Judge Alex Kozinski of the Ninth Circuit.
As NAFTA renegotiation reaches a critical juncture, an area of discussion that involves exceptionally difficult trade-offs concerns measures to combat digital piracy, says Dean Pinkert, a partner with Hughes Hubbard & Reed LLP and former vice chairman of the U.S. International Trade Commission.
Financial Crisis Anniversary
After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.
While it lends more than $100 million each year to our nation’s college students — including law students — the U.S. Department of Education surprisingly limits loan counseling to one-time entrance counseling for first-time student borrowers. Is this rational? asks Christopher Chapman, president of AccessLex Institute, a nonprofit focused on access to legal education.
The shift to electronic filing has somewhat eased the task of reviewing briefs and their supporting files. An e-brief takes e-filing to the next level, says Christine Falcicchio, a principal at Strut Legal Inc.
Asian-Americans are the fastest-growing minority in the legal profession, but recent studies confirm their underrepresentation among partners, prosecutors, judges and law school administrators. We must take action, say Goodwin Liu, associate justice of the California Supreme Court, and Ajay Mehrotra of the American Bar Foundation.
The recent case of California Public Employees' Retirement System v. IAC/InterActiveCorp illustrates how institutional investors can use litigation to successfully protect their voting rights. Combined with recent pushback from the S&P, this case should make founders considering nonvoting stock issuances think twice, say attorneys with Bernstein Litowitz Berger & Grossmann LLP.
Judge Shira Scheindlin recently published an op-ed in The New York Times discussing the statistical truth that law firms have poor representation of female attorneys as first-chair trial lawyers. Backed by data collected by the New York State Bar Association, Judge Scheindlin’s observation is not merely anecdotal. But it doesn’t have to be inevitable, says Sarah Rathke, a partner and trial lawyer at Squire Patton Boggs LLP.
If conducted properly, depositions can be a powerful tool. At times, though, opposing counsel employ tactics to impede the examiner’s ability to obtain unfiltered, proper testimony from the deponent. By knowing and effectively using applicable rules and case law, however, deposing attorneys can take specific steps to combat these tactics, say attorneys with Ogletree Deakins Nash Smoak & Stewart PC.
With an admirable purpose and unanimous support in Congress, the Holocaust Expropriated Art Recovery Act should be a rare legislative success. Instead, the act’s convoluted language will only lead to more litigation and debates over timeliness of claims, say Covington & Burling LLP partner Simon Frankel and Third Circuit clerk Sari Sharoni.