Tencent is discussing joining a group vying to take over Finnish sporting goods company Amer Sports Oyj, Levi Strauss & Co. is planning to go public, and the public investment arm of the government of Saudi Arabia is mulling snapping up a stake in Legendary Entertainment.
Sears Holdings Corp. is firing back at its unsecured creditors' objections to its bidding procedures proposal, telling a New York bankruptcy court that the committee is making "uninformed" suggestions that could cost the estate billions.
Four Canadian retail locations belonging to Cargill Ltd. will be sold off to deal with antitrust concerns surrounding the company's grain business merger with La Coop fédérée.
Volkswagen AG and Robert Bosch GmbH said Tuesday in California federal court that businesses that invested in building new Volkswagen dealerships or expanding existing dealerships in the midst of the German automaker's 2015 emissions-cheating scandal have overblown their claims of a conspiracy and financial losses from Volkswagen’s reputational hit.
Upscale clothing retailer Lord & Taylor LLC has agreed to pay $100,000, provide bias training to its staff and improve its shoplifting policies to resolve a racial discrimination investigation over the company’s loss prevention practices, Massachusetts Attorney General Maura Healey said Tuesday.
The city of Chicago on Tuesday hit eight online e-cigarette retailers with a suit in Illinois state court claiming the companies were caught selling e-cigarette products to underage city residents who were targeted with deceptive marketing, like fart jokes on social media.
Nine West Holdings Inc. received New York bankruptcy court approval Tuesday to solicit votes from creditors on its plan to reorganize in Chapter 11 while certain stakeholders maintain that the fashion company's proposal to settle potential fraudulent transfer claims against owner Sycamore Partners is woefully inadequate.
Walmart has asked the Colorado Supreme Court to weigh in on a ruling in a state slip-and-fall case that applied an exception to the collateral source rule to Medicare beneficiaries, a decision that the retail giant said could open Colorado businesses to increased liability and encourage medical providers to engage in fraud.
A Virginia bankruptcy judge on Tuesday approved a Chapter 11 plan to facilitate the wind-down of Toys R Us Inc., putting in place a means for the iconic brand to survive in a limited form and its creditors to receive some means of recovery.
Sears is asking a New York bankruptcy court for an emergency motion to put $900 million in intercompany debt up for sale, saying it has a limited window to turn the debt into cash before the company's credit default swaps go on the block.
Walmart has lost a bid to decertify a class of at least 50,000 workers who claim the big-box retailer underpaid them for missed lunch breaks, with a California federal judge finding Tuesday that company records allowed the court to assess potential liability on a class basis.
Grocery outlet Sainsbury and Walmart Inc.'s U.K. subsidiary have responded to criticisms that their proposed merger would harm competition, saying in a report made public Tuesday that it would instead lead to an increase in competition and lower prices for consumers.
Juul Labs announced Tuesday that it was pulling its flavored products from stores and taking other steps to address youth use of e-cigarettes, days after reports that the Food and Drug Administration is gearing up for a crackdown against e-cigarette companies.
Ulta Beauty Inc. has urged an Illinois federal court to wipe out a proposed class action over a stock plunge that followed reports employees were pressured to resell returned makeup, saying there is no allegation that its top executives were behind the purported policy.
The District of Columbia would begin requiring remote retailers to collect and remit sales and use tax on Jan. 1, under legislation given preliminary approval Tuesday by the district council.
Now that Amazon has announced it will split its second headquarters between New York and northern Virginia, Pittsburgh and Allegheny County are dropping their effort to keep their bid for the giant project secret and will release at least part of it to the public soon, Mayor Bill Peduto said Tuesday.
Amazon Inc. said on Tuesday that it has selected New York City and Arlington, Virginia, as the two locations for its new headquarters, laying out a plan that would see the e-commerce giant invest $5 billion and create more than 50,000 full-time jobs across the two locations.
Williams-Sonoma can't avoid a proposed class action alleging that certain lotions, soaps and other products it sells are misleadingly labeled as natural, despite containing synthetic ingredients, a California federal judge ruled on Friday, rejecting the upscale retailer's argument that no reasonable consumer would be deceived by the labeling.
Excess insurer Arrowood Indemnity Co. urged a Washington federal judge to hold that Costco's failure to secure its consent for an $8 million settlement of a gender bias class action relieves the insurer of any coverage duties, while Costco countered Arrowood waited too long to object to the deal.
An Indian textile manufacturer urged a Massachusetts federal judge Friday to dismiss it from a proposed class action over allegedly inflated thread counts on bedding and linen products sold at Marshalls, HomeGoods and other TJX Companies Inc. stores, saying the court lacks jurisdiction over it.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game and trends in journalism.
Attorneys should think beyond the Veterans Day parades and use their time and talents to help the many veterans facing urgent legal issues, says Linda Klein of Baker Donelson Bearman Caldwell & Berkowitz PC.
Based on the Eleventh Circuit's recent interpretation of Spokeo in Muransky v. Godiva Chocolatier, Austin Whitten of Pittman Dutton & Hellums PC examines whether the venue may be the most favorable for plaintiffs with consumer protection claims where no “actual” damages are alleged.
Laws on coupons and rebates for alcoholic beverages vary across the country. Ascertaining the legal status of digital coupons, which may not have been envisioned when a state's laws were written, creates additional wrinkles for companies, says Alva Mather of DLA Piper.
For internet publishers that have decided the risks of doing business with cannabis-related companies do not outweigh the value, the most sensible question is not whether there is some risk but how they can minimize it, say John McKay and Chris Morley of Davis Wright Tremaine LLP.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
By denying certiorari in the lead cleanup case ConAgra Grocery v. California, the U.S. Supreme Court missed an opportunity to impose rational limits on what could become an unbounded catch-all tort, says Linda Kelly, general counsel of the National Association of Manufacturers.
The California Consumer Privacy Act allows residents to request that a business delete from its systems the consumer’s personal information. Grant Davis-Denny and Nefi Acosta of Munger Tolles & Olson LLP explore the contours and ambiguities of this new "right to be forgotten," and the challenges that it may raise for the regulated community.
This month in NY Tax Minutes, Timothy Noonan and K. Craig Reilly of Hodgson Russ LLP discuss a new coalition fighting the SALT deduction cap, highlight a $30 million settlement in a tax whistleblower action against a hedge fund manager and review the draft amendments to the business corporation franchise tax.
Fierce brainpower was on show Monday at the U.S. Supreme Court, where the justices seemed likely to deliver a business-friendly outcome in two separate cases under the Federal Arbitration Act — even though this would require treating the FAA’s blind enforcement of arbitration agreements as sacrosanct in one instance while undermining it in another, says Scott Oswald of The Employment Law Group PC.