The former Adidas marketing boss charged with defrauding National Collegiate Athletic Association schools by paying young basketball stars on the sly didn't take any payout — not "one nickel" — for the alleged criminal conduct, his lawyer told a Manhattan jury on Thursday, rejecting prosecutors' assertion that he was motivated by greed.
Law360 Sports SPORTS

Saturday, October 20, 2018 Follow Sports Law360

TOP NEWS

Adidas Exec Didn't Take One Nickel Out Of Greed, Jury Told

The former Adidas marketing boss charged with defrauding National Collegiate Athletic Association schools by paying young basketball stars on the sly didn't take any payout — not "one nickel" — for the alleged criminal conduct, his lawyer told a Manhattan jury on Thursday, rejecting prosecutors' assertion that he was motivated by greed. Read full article »

Ex-USA Gymnastics CEO Charged With Evidence Tampering

The former president and CEO of USA Gymnastics has been arrested in Tennessee after a Texas grand jury indicted him on charges of tampering with evidence during the federal investigation into convicted sexual abuser and former sports doctor Larry Nassar. Read full article »

Ex-F1 Boss Settles US Private Equity Firm's Bribery Claim

Former Formula One chief executive Bernie Ecclestone has settled a U.K. lawsuit from an American private equity firm claiming he bribed a BayernLB official to ensure the German lender would sell its stake in the motor racing championship to a competing private equity company. Read full article »

Ex-Microsoft Exec Profited Off Super Bowl Tickets, DOJ Says

Microsoft’s former director of sports marketing and alliances has been indicted on wire fraud charges for selling $200,000 worth of Super Bowl tickets paid for by the software giant and pocketing a fraudulent $750,000 invoice, prosecutors announced Wednesday. Read full article »

LITIGATION

Calif. VC Adviser Wins Nod For SEC Settlement

A California federal judge signed off Wednesday on a deal cut by an investment advisory firm's founder with the U.S. Securities and Exchange Commission in a suit alleging he overcharged investors by $7 million to finance his own personal expenses and pet projects. Read full article »

FCC Gets Input On Autodialer Definition After 9th Circ. Ruling

The FCC has received the first round of public comments on how it should apply restrictions on automatic telephone dialing systems under the Telephone Consumer Protection Act in the wake of the Ninth Circuit's decision in Marks v. Crunch San Diego, with businesses and industry groups largely advocating a narrow interpretation of the law. Read full article »

DEALS

Real Estate Rumors: WeWork, Impulsive, Casey Wasserman

WeWork has reportedly taken 57,000 square feet on Broadway in New York, Impulsive Group is said to have dropped $20.8 million on a Florida resort and marina, and sports and entertainment mogul Casey Wasserman is reportedly looking to get $125 million for his Los Angeles home, which would be a record sale. Read full article »

LEGAL INDUSTRY

Feature

BigLaw Firms Quiet About Lobbying Ties To Saudi Arabia

Gibson Dunn & Crutcher LLP is the only major U.S. law firm to walk away from its lobbying relationship with Saudi Arabia after growing condemnation of its alleged involvement in a journalist's death, as five other major law firms are keeping quiet about their ties to the Middle Eastern kingdom so far. Read full article »

Kavanaugh Gets 7th Circ. As High Court Shuffles Assignments

The U.S. Supreme Court on Friday issued an order handing over Justice Elena Kagan’s Seventh Circuit assignment, which she had held since 2010, to newly confirmed Justice Brett Kavanaugh. Read full article »

Interview

GCs Should Take Hack Issues To The Feds, DHS Official Says

Jeanette Manfra, a top cybersecurity and communications official at the U.S. Department of Homeland Security, tells Law360 why she's inviting general counsel to trade information about cyberthreats with her office and discusses the department's plan to secure the upcoming federal and state elections. Read full article »

Feature

Chancery Closes Gender Gap, National Courts Moving Slowly

Delaware lawmakers caused a small stir earlier this month when they confirmed two veteran female attorneys to the state’s Court of Chancery, expanding the nationally important court by two seats while roughly closing the gender gap among its now-seven members for the first time. Read full article »

Labaton Says 1/3 Of Its Open Cases Include Referral Fees

Nearly one-third of Labaton Sucharow LLP’s open cases came to the firm through referral arrangements, according to a filing Thursday in Massachusetts federal court, offering a peek behind the curtain as the firm faces scrutiny for a payment to a Texas attorney uncovered in the ongoing State Street settlement fee fight. Read full article »

Philly Atty Says Neighboring Starbucks Flooded His File Room

A Philadelphia attorney sued his landlord and Starbucks Corp. in state court Thursday over a 2016 flood — allegedly caused by a pipe clogged with coffee grounds from a neighboring coffee shop — that destroyed archived client files kept in the lawyer’s basement storage room. Read full article »

Atty Urges Justices To Hear Suit Over Defamatory Yelp Review

A personal injury lawyer and her firm have urged the U.S. Supreme Court to review the California Supreme Court's split ruling that reverses an order requiring Yelp Inc. to take down defamatory reviews that a former client posted on the customer review site. Read full article »

Feature

GC Cheat Sheet: The Hottest Corporate News Of The Week

Three separate surveys published recently identified the four firms that general counsel fear the most, revealed one in four professional women working in the legal industry experienced some form of sexual harassment or misconduct in the past five years and showed legal industry has a serious problem with bullying. These are some of the stories in corporate legal news you may have missed in the past week.​ Read full article »

Podcast

Law360's Pro Say: No 11th-Hour Judicial Picks For Fla. Gov.

The Florida Supreme Court ruled this week that Republican Gov. Rick Scott couldn’t pick three new high court justices in his final hours in office, capping off a strange judicial showdown in the Sunshine State. Carolina Bolado, our senior Florida reporter, joins us on the Pro Say podcast to break it all down. Read full article »

JOBS
Search full listings or advertise your job opening
Law360 Pro Say Podcast

Listen to our new podcast here

COMPANIES

Adidas AG

American Bar Association

Apollo Global Management LLC

BTI Consulting Group Inc.

Bank of America Corporation

BayernLB

CVC Capital Partners

Delaware State Bar Association

FTI Consulting Inc.

Faculty Athletics Representatives Association

Google Inc.

International Bar Association

King Street Capital Management LP

Liberty Media Corp.

Microsoft Corporation

NFL Enterprises LLC

National Collegiate Athletic Association

New York University

Nike Inc.

Starbucks Corporation

State Street Corp.

Steven Madden Ltd.

Texas Rangers

The Gap Inc.

Washington Post Co.

Wasserman Media Group LLC

WeWork LLC

Yelp Inc.

LAW FIRMS

Brownstein Hyatt

Choate

Cravath Swaine

Davis Wright Tremaine

Emery Celli

Fountain Court Chambers

Gibson Dunn

Harder LLP

Hassell Law Group

Herbert Smith Freehills

Hogan Lovells

Jackson Lewis

Jones Day

King & Spalding

Kirkland & Ellis

Labaton Sucharow

Lieff Cabraser

Littler Mendelson

Morgan Lewis

Morris James

Nexsen Pruet

Nixon Peabody

Ogletree Deakins

Pillsbury Winthrop

Quinn Emanuel

Reed Smith

Skadden

Squire Patton Boggs

Stroock & Stroock

Thornton Law Firm LLP

Weil Gotshal

Willkie Farr

Young Conaway

GOVERNMENT AGENCIES

California Supreme Court

Federal Communications Commission

Federal Judicial Center

Florida Supreme Court

National Security Agency

Securities and Exchange Commission

U.S. Army

U.S. Attorney's Office

U.S. Department of Energy

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of State

U.S. Supreme Court