Exiled Chinese businessman and purported billionaire Guo Wengui ran legitimate companies in support of a broad movement that opposed the Chinese Communist Party, his attorney told a Manhattan federal jury Friday, rather than what prosecutors say was a multifaceted $1 billion fraud.
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TOP NEWS

Exiled Chinese Businessman Is No $1B Fraudster, Jury Told

By Stewart Bishop

Exiled Chinese businessman and purported billionaire Guo Wengui ran legitimate companies in support of a broad movement that opposed the Chinese Communist Party, his attorney told a Manhattan federal jury Friday, rather than what prosecutors say was a multifaceted $1 billion fraud.

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Cannabis Company Fights Sanctions Bid In $10M Contract Suit

By Aaron Keller

A cannabis company has opposed a sanctions request in a dispute surrounding its merger with Connecticut marijuana business Theraplant LLC, saying it met document production deadlines despite an opposing attorney's claim that he couldn't open a link emailed at 11:53 p.m. via a password that followed at 11:59 p.m.

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Airline Worker Terrorized 'Countless' Passengers, Suit Says

By Brian Steele

A California man with ties to American Airlines gained access to the private information of regional airline passengers and embarked on a monthslong campaign of harassing them, according to a lawsuit in federal court with 15 plaintiffs.

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Stew Leonard's Sued Over Dancer's Peanut Allergy Death

By Mike Curley

The family of a U.K.-born dancer is suing the Stew Leonard's grocery store chain, alleging its failure to update labels of cookies that contained peanuts led to her death at age 25 from an allergic reaction.

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Burn Charity Bookkeeper Did Not Steal Money, Estate Says

By Brian Steele

The estate of a Connecticut burn care charity's longtime bookkeeper has denied that she stole more than $655,000 before her death in August 2023, pushing back on claims in a state court lawsuit that seeks nearly $2 million in damages.

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Analysis

Biden's Judicial Impact And What's Left On The Wish List

By Courtney Bublé

President Joe Biden secured confirmation of his 200th federal judge Wednesday and has transformed the judiciary by picking more women and people of color than any other president. But the upcoming election season could derail his hopes of confirming many more judges.

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LITIGATION

Conn., Property Owners Say Town Is Wrong On Housing Law

By Isaac Monterose

Connecticut's Department of Housing and several property owners in New Canaan are taking issue with the town's arguments in a bid to pause its lawsuit challenging the state's denial of affordable housing credits, saying the town is misinterpreting a recently passed bill.

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Live Nation Ticket Buyers Follow Feds With Antitrust Suit

By Lauren Berg

Live Nation and Ticketmaster were hit with a consumer antitrust proposed class action Thursday accusing them of monopolizing concert promotion and ticketing for major concert venues following their 2010 merger, which comes on the heels of the U.S. Department of Justice's own lawsuit.

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DOJ's Live Nation-Ticketmaster Suit: What You Should Know

The U.S. Department of Justice and a slew of state attorneys general filed a suit challenging the 2010 merger of Ticketmaster and Live Nation. Here, catch up on Law360's coverage of the deal and those who have challenged it along the way – Taylor Swift fans, investors and regulators.

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Analysis

Red States Target Blue States In Push To End Climate Torts

By Keith Goldberg

A novel red-state request that the U.S. Supreme Court nix climate change torts brought by state governments against fossil fuel companies can be seen as an attempt to urge the justices not to pass up another opportunity to weigh in on the issue, legal experts told Law360.

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SECOND CIRCUIT

2nd Circ. Wary Of Deloitte Workers' 401(k) Suit Revival Bid

By Kellie Mejdrich

The Second Circuit appeared reluctant Friday to revive a proposed class action against Deloitte alleging workers' employee 401(k) plans were weighed down by excessive recordkeeping fees, with multiple judges on a panel pointing to a lack of specific cost comparisons to other plans in an amended complaint.

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Analysis

ERISA Arbitration Backers See Hope In 2nd Circ. Dissent

By Kellie Mejdrich

A split Second Circuit panel backed workers — and joined three other circuits — when it rejected an attempt to force a proposed class action Employee Retirement Income Security Act lawsuit into individual arbitration, but employers are seizing on a dissent from the recent ruling to try to turn the tide.

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REAL ESTATE & DEVELOPMENT

Roundup

Real Estate Authority: Adaptive Reuse, Climate Risk, SFR

By Real Estate Authority Staff

Catch up on this week's key developments by state from Law360 Real Estate Authority — including one BigLaw real estate leader's take on adaptive reuse, the enduring risk of climate change for public companies, and the latest industry player perspectives on the single-family rental market.

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EXPERT ANALYSIS

Using A Children's Book Approach In Firm Marketing Content

From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

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LEGAL INDUSTRY

Analysis

5 Themes That Could Determine Trump's NY Criminal Trial

By Stewart Bishop, Frank G. Runyeon and Rachel Scharf

With closing arguments set for Tuesday morning in Donald Trump's New York hush money case and deliberations on the horizon, here's a look at the themes that have dominated the historic, monthlong trial so far.

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Malware Backdoor Found In Software Used By Courtrooms

By Lauren Berg

Software created by a company that provides digital audiovisual technology to courtrooms, jails and other facilities contains a backdoor associated with malware that disguises itself as a normal update, analysts at a cybersecurity firm reported, warning that "users are at high risk and should take immediate action."

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Alito Flag Displays 'Improper' And 'Dumb,' District Judge Says

By Alison Knezevich

A Massachusetts federal judge is calling out U.S. Supreme Court Justice Samuel Alito for controversial flags reportedly seen flying outside his homes, saying such actions erode public trust in the courts.

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Meet Biden's Latest Pennsylvania Picks For District Court

By P.J. D'Annunzio & Matthew Santoni

President Joe Biden has continued his trend of nominating public defenders to the federal bench, this time selecting two longtime defense attorneys to occupy vacancies in Pennsylvania.

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CFTC's Johnson Is Under Consideration For FDIC Top Job

By Jon Hill

The Biden administration is considering Kristin Johnson, a Democratic member of the U.S. Commodity Futures Trading Commission, as a possible candidate to replace Martin Gruenberg at the helm of the Federal Deposit Insurance Corp., Law360 has learned.

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Menendez, Kasowitz Firm Spar Over Subpoena To Cooperator

By Elliot Weld

Amid his bribery trial, U.S. Sen. Robert Menendez of New Jersey is urging a Manhattan federal judge to order a government cooperator to turn over communications involving his current counsel at Kasowitz Benson Torres LLP and his former attorneys.

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McElroy Deutsch Seeks Win Against Ex-CFO After Guilty Plea

By Rose Krebs

McElroy Deutsch Mulvaney & Carpenter LLP is urging a New Jersey state court to order its former chief financial officer to pay roughly $1.5 million damages for "unauthorized compensation" he paid himself and force him to disgorge $5.4 million in pay he received from the firm.

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Ex-DOJ Atty Clark Says He Was Denied A Fair Ethics Hearing

By Alison Knezevich

Former Justice Department official Jeffrey Clark was denied a fair hearing in his Washington, D.C., ethics case and should not face punishment, he told an attorney disciplinary committee in a Thursday filing.

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'Legendary' Former NJ Justice Handler Dies At 92

By Jake Maher

Retired Associate Justice Alan B. Handler, who served on the New Jersey Supreme Court from 1977 to 1999, died Thursday at 92, Law360 has learned.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Antitrust law took center stage this week as college general counsel try to figure out the what and how of paying student athletes under a new court ruling, and the U.S. Department of Justice is trying to break up the entertainment venue dominance of Live Nation and Ticketmaster.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen an IT engineer seek permission to search a landfill hiding a hard drive supposedly storing millions of pounds in bitcoin, Glencore take on legal action by American Century Investments, gold payment app Glint bring a breach of duty claim against FRP Advisory, and an ongoing dispute between a solicitor and the Solicitors Regulation Authority. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Promo that reads Law360 2024 Titans of the Plaintiffs Bar Promo that reads Law360 Pulse 2024 AI Survey

LAW FIRMS IN TODAY'S NEWS

Alter & Pearson

Baker & Hostetler

Bartlett LLP

Berchem Moses

Burnham & Gorokhov

Caldwell Carlson

Capozzi Adler

Clifford Chance

Clyde & Co

Cohen Milstein

Croke Fairchild

Crowell & Moring

DWF LLP

Davidoff Hutcher

Davis Polk

Duane Morris

Eversheds Sutherland

Fieldfisher

Fish & Richardson

Fox Rothschild

Fox Williams

Gair Gair

Gateley PLC

Gibson Dunn

Green LLP

Greenberg Traurig

Hamlins LLP

Harris St. Laurent

Hill Dickinson

Hinckley Allen

Holland & Knight

Horwich Farrelly

Howes Percival

Israel David LLC

JMW Solicitors LLP

Jackson Lewis PC

Jacobs & Dow

Jones Day

Kasowitz Benson

KaurMaxwell

Keller Rohrback

King & Spalding

Kirkland & Ellis

Larracuente & Goulden

Latham & Watkins

Littler Mendelson

Marino Tortorella

Mayer Brown

McDermott Will & Emery

McDonald & MacGregor

McElroy Deutsch

McKool Smith

Michael Best & Friedrich LLP

Morgan Lewis

Morrison Foerster

Pallas Partners

Paul Hastings

Penningtons Manches

Polunsky Beitel

Poole Huffman

Potter Clarkson

Pryor Cashman

Quinn Emanuel

Reed Smith

Robbins Geller

Rosen Hagood

Saporito Falcone

Sidley Austin

Simpson Thacher

Spencer Fane

Sullivan & Cromwell

Tarter Krinsky

Welsh & Recker

Wilentz Goldman

Wilkin Chapman

Williams & Connolly

Winston & Strawn

COMPANIES IN TODAY'S NEWS

AXA SA

AXA XL Ltd.

Academy Sports & Outdoors Inc.

American Airlines Group Inc.

American Express Co.

American Media Inc.

Apple Inc.

Atlantic Global Insurance Services

Avolon Holdings Ltd.

Bayerische Motoren Werke AG

Boehringer Ingelheim

Boehringer Ingelheim Vetmedica Inc.

British Broadcasting Corp.

Cushman & Wakefield Inc.

Defender Association of Philadelphia

Deloitte Touche Tohmatsu Ltd.

EMCOR Group Inc.

Ferrari SpA

First Republic Bank

Ford Motor Co.

Fordham University

Freedom Mortgage Corp.

Glencore PLC

HSBC Holdings PLC

Howard Hughes Corp.

Icertis Inc.

Integrys Energy Group Inc.

JPMorgan Chase & Co.

Jubilee Holdings Ltd.

King Street Capital Management LP

Live Nation Entertainment Inc.

Major Lindsey & Africa LLC

Mediterranean Shipping Co. SA

Mercedes-Benz USA LLC

MilliporeSigma

Mondelez International Inc.

Morgan Stanley

NBCUniversal Media LLC

National Association of Realtors

National Collegiate Athletic Association

New Jersey State Bar Association

Norfolk Southern Corp.

Pac-12 Enterprises LLC

Paysafe Group PLC

Pegasus Capital Advisors LP

PetroChina Company Limited

Princeton University

Prologis Inc.

QBE Insurance Group Ltd.

Rapid7 Inc.

Sodexo SA

Solicitors Regulation Authority Ltd.

Space Exploration Technologies Corp.

StubHub Inc.

Swissport International Ltd.

Tenneco Inc.

Tesla Inc.

The Charles Schwab Corp.

The District of Columbia Bar

The New York Times Co.

Trump Organization Inc.

University of Virginia

Viking Cruises Inc.

WESCO International Inc.

Wells Fargo & Co.

Woodrow Wilson International Center for Scholars

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Commodity Futures Trading Commission

Companies House

Connecticut Department of Consumer Protection

Connecticut Department of Public Health

Consumer Financial Protection Bureau

European Commission

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Food and Drug Administration

National Labor Relations Board

New Jersey Supreme Court

Pennsylvania Supreme Court

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Second Circuit

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court