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TOP NEWS
Agency Says Mich. Is Proper Forum For NCAA Poaching Suit
By Melanie Dorsey
An Arkansas sports agency has urged a Michigan federal judge to reject a North Carolina rival's bid to dismiss or transfer a lawsuit accusing it of using acquisition talks to obtain confidential information and poach a college basketball player, arguing the rival deliberately conducted name, image and likeness, or NIL, business in Michigan and agreed that Michigan law would govern the parties' nondisclosure agreement.
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Avaya Execs Beat Investor Suit Over Failed Tech Transition
By Katryna Perera
A New York federal court has dismissed a shareholder lawsuit against two former Avaya Holdings Corp. executives, who were accused of misleading investors about the success of the North Carolina-based company's transition from a telecom to a technology firm prior to its bankruptcy filing, finding all challenged statements were forward-looking or inactionable.
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POLICY & REGULATION
DEALS
LEGAL INDUSTRY
JPMorgan Seeks Stay Of $20M Javice, Amar Fee Order
By Jarek Rutz
JPMorgan Chase & Co. urged the Delaware Chancery Court on Wednesday to pause enforcement of an order requiring it to advance more than $20 million in disputed legal fees to convicted Frank founder Charlie Javice and former executive Olivier Amar, arguing the bank could permanently lose the money before it gets a chance to challenge the ruling.
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