A nearly unanimous House on Thursday approved a bill that would give more time and flexibility to businesses that receive forgivable loans through the Paycheck Protection Program, but Republicans defeated a proposal for public disclosure of all loans over $2 million.
The Nevada secretary of state on Thursday said he is investigating allegations that former MedMen CEO Adam Bierman sought to evade campaign finance laws by pressing a former executive to donate to a Silver State politician.
A group of pharmaceutical companies, including Bausch Health Co., has urged a California federal judge not to certify a class of buyers claiming the companies violated federal antitrust law by blocking a generic version of the diabetes drug Glumetza from entering the market.
Chicken producers facing allegations of a sweeping price-fixing conspiracy have pushed back on poultry buyers' bid to get some depositions back underway, arguing they can't adequately prepare witnesses while straining to brace a food supply chain rocked by the pandemic.
A BigLaw firm and the NBA face lawsuits over allegedly delinquent rent payments, House Republicans are suing Speaker Nancy Pelosi over proxy voting amid the ongoing pandemic and Enterprise Rent-A-Car employees say the company should have warned them that mass layoffs were on the horizon.
The loan servicer for a Pittsburgh-area shopping center said a major tenant's rent reduction was a valid trigger for diverting all the tenants' rents toward its debt repayment and said the mall couldn't cite the COVID-19 pandemic to get an emergency injunction, according to filings in federal court Thursday.
Bluecore, a technology company that helps retailers send personalized marketing emails to consumers, said Thursday it raised $50 million in funding with help from a Canadian growth equity firm.
The Occupational Safety and Health Administration issued its first coronavirus-related citation "within the last week," the embattled head of the agency told lawmakers Thursday at a marathon House subcommittee hearing on OSHA's virus enforcement — or its alleged lack thereof.
TikTok has reportedly leased 232,000 square feet in New York, Florida investors Lewis and Elizabeth Swezy have allegedly picked up a development site in the state for $4.05 million and Amazon is reportedly opening up a 43,000-square-foot grocery store in Illinois later this year.
Mubadala and Twitter are separately considering $1 billion investments in Jio Platforms, Volkswagen is on the verge of buying stakes in two Chinese electric vehicle companies and Amazon might purchase self-driving technology startup Zoox. Here, Law360 breaks down these and other deal rumors from the past week that you need to be aware of.
A Pennsylvania appellate court said Thursday that a Montgomery County school district may have violated the state constitution's requirement of uniform taxation by pushing to reassess a commercial shopping mall but not considering whether residential properties were also under-assessed during the same time period.
Represented by O'Melveny, heavy-duty cooler manufacturer Yeti said Thursday it was undertaking a secondary share offering raising around $198 million for certain of its shareholders.
Retailer J.C. Penney Co. told a Texas bankruptcy judge Thursday it is both putting together a plan to split the company into two entities and testing the waters for a sale as it moves toward a mid-July deadline for choosing which path to take out of Chapter 11.
The New Jersey Supreme Court on Thursday reinstated a proposed class action against a health club over claims its "initiation fee" violated the state's Retail Installment Sales Act, finding the statute applies to services contracts and does not require such contracts to include a financing arrangement.
A proposed class of Macy's shoppers cannot show that a 2019 data breach harmed them in any concrete way, the retail giant told a Massachusetts federal judge late Wednesday in a bid to have the case tossed.
Private equity firm Goldfinch Partners has agreed to pay $125 million for a majority stake in fintech and fraud protection services provider Vesta, the companies said Thursday, in a deal guided by Arnall Golden and Freshfields.
Global footwear company Skechers Inc. and stockholders disclosed a tentative deal Wednesday to settle a derivative suit in Delaware Chancery Court by canceling nearly $20 million in equity awards issued to founder Robert Greenberg and two top officers in 2019 and 2020.
An Arkansas medical marijuana dispensary has won a preliminary injunction in state court blocking a Harvest Health and Recreation affiliate from using "Harvest" in its name, one of the first cases to test enforcement of trademarks in an industry where federal courts offer little relief.
New Hampshire's governor said he would reject any proposals to impose personal income or sales and use taxes to deal with looming revenue shortfalls that could reach $454 million because of the COVID-19 pandemic.
Miami's Ultra Music Festival is the latest event to get sued over its refusal to refund tickets following the cancellation of its March 2020 event due to the COVID-19 pandemic, with a proposed class action filed by two ticketholders in Florida federal court.
California cannabis dispensary Harborside is urging the Ninth Circuit to strike down a clause in the tax code that bars companies like it from taking business deductions, arguing in a brief filed late Tuesday that the clause is unconstitutional.
Cathode ray tube buyers are coming out swinging against a "contorted and baseless" challenge to $576.8 million in price-fixing settlements they have cut with manufacturers, telling the Ninth Circuit it can't touch the matter until the deals have been finalized.
Federal officials are urging governors to recognize certain types of telecom workers as "essential" during the COVID-19 pandemic, to better help them build and maintain the country's communications infrastructure at a time when Americans are relying more than ever on telehealth, telework and distance learning.
Bankrupt car rental giant The Hertz Corp. told a Delaware judge Wednesday that it needs to significantly reduce the number of vehicles in its fleet to accommodate a lower demand for services due to the spread of COVID-19.
Florida tax collections came in almost $880 million below estimates in April as a result of the novel coronavirus pandemic, according to a state economic report that found the health crisis hit sales tax revenue the hardest.
The Federal Trade Commission's recent settlement with Progressive Leasing over its failure to clearly disclose rent-to-own prices illustrates the FTC's propensity to seek equitable monetary relief from national advertisers, as well as policy differences between Republicans and Democrats, say John Feldman and Gerry Stegmaier at Reed Smith.
While pulling off an effective summer associate program this year will be no easy feat, law firms' investments in their future attorneys should be considered necessary even during this difficult time, says Summer Eberhard at Major Lindsey.
With unprecedented stress on real estate operations due to the COVID-19 crisis, this is a time to reflect on the property technology industry's success in recent years and to recognize how those models can be used to rebuild for the future, say attorneys at Goodwin.
As the COVID-19 pandemic complicates the valuation of companies involved in mergers and acquisitions, targets and acquirers alike should take several prudent preclosing steps to mitigate the risk of deal-breaking disputes and subsequent litigation, say Ann Gittleman and Jenna O'Brien at Duff & Phelps.
Employers should use extra caution to sidestep several key wage and hour mistakes as businesses prepare to reopen following the coronavirus crisis and worker classification and Fair Labor Standards Act compliance comes under increased scrutiny, say Kathleen Caminiti and Eric Baginski at Fisher Phillips.
The California Supreme Court’s holding that unfair competition and false advertising claims don’t need to be tried by a jury in Nationwide Biweekly v. Superior Court creates a framework for analyzing causes of action under other state laws that could steer courts to similar conclusions, says Patrick Hammon at McManis Faulkner.
The U.S. Supreme Court's recent Romag v. Fossil decision didn't articulate a specific test to determine whether a trademark profits award is appropriate, which will likely have ripple effects on the varying circuit court standards, and litigators will need to keep several considerations in mind, say attorneys at Gibson Dunn.
History suggests that legal malpractice claims will rise following the current economic downturn, and while a certain percentage of the claims will be unavoidable, there are prophylactic steps that law firms can take, says John Johnson at Cozen O'Connor.
Many lenders accommodated commercial real estate investors and borrowers with short, multimonth payment deferrals amid the COVID-19 crisis, but these grace periods will end well before the fallout of the pandemic will, and the bank will come knocking, says Katherine Amador at Berger Singerman.
Although noncompete clauses often play a vital role in mergers and acquisitions, they are not immune from antitrust scrutiny — exemplified by three recent Federal Trade Commission challenges, say Joel Grosberg and Lisa Rumin at McDermott.
Attorneys at Proskauer break down the kinds of COVID-19 whistleblower retaliation claims employers should anticipate, and explain key steps to minimize risks under the Occupational Safety and Health Act, National Labor Relations Act, Families First Coronavirus Response Act, and state laws.
As businesses evaluate products claiming to make workplaces safer during the pandemic, or look at marketing such products themselves, they should be aware of the highly regulated world of disease prevention claims if they wish to avoid enforcement and private litigation, say attorneys at Crowell & Moring.
Concerns that videoconferenced arbitration hearings compromise an arbitrator's ability to reliably resolve credibility contests are based on mistaken perceptions of how many cases actually turn on credibility, what credibility means in the legal world, and how arbitrators make credibility determinations, says Wayne Brazil at JAMS.
Recent class actions challenging how lenders prioritized Paycheck Protection Program applications or alleging failure to pay agent fees to those facilitating loan applications may be based on the flimsiest of legal theories, however risks still exist, as we saw earlier this month in a Michigan federal court decision, say Richard Gottlieb and Brett Natarelli at Manatt.
As class actions targeting the sale of consumer data pose an increasing threat to retailers under the California Consumer Privacy Act and other states’ consumer protection laws, companies must ensure compliance with each statute and assess their vulnerability to deceptive conduct allegations, say Stephanie Sheridan and Meegan Brooks at Steptoe & Johnson.