Sports & Betting

  • January 20, 2021

    3 Firms Steer Sweetened $853M Bid For Collectors Universe

    An investor group said Wednesday it sweetened its take-private deal for memorabilia authentication company Collectors Universe to about $853 million, a move aided by Sullivan & Cromwell, Paul Weiss and Wilson Sonsini.

  • January 20, 2021

    Jones Walker Gets Investigator Added To Malpractice Suit

    Jones Walker LLP on Wednesday convinced a Harris County, Texas, district judge to add a law firm investigator as a responsible third party to a legal malpractice lawsuit brought by a private poker club alleging it was misled about the likelihood of a coming Houston ordinance to regulate card clubs.

  • January 20, 2021

    Lockdown No Reason To Cut 'Varsity Blues' Term, Feds Say

    The eight weeks of solitary quarantine that clothing designer Mossimo Giannulli underwent at the outset of his "Varsity Blues" prison sentence due to the pandemic wasn't "unforeseeable," prosecutors said in a late-Tuesday filing, objecting to his request for home confinement.

  • January 20, 2021

    Ex-BigLaw Attorney Joins WWE As Legal Affairs Exec

    A former Davis Wright Tremaine LLP partner is joining Stamford, Connecticut-based World Wrestling Entertainment Inc. next week after spending more than two decades litigating entertainment and intellectual property cases while at private law firms.

  • January 20, 2021

    Insurer Ducks Minor League Baseball Teams' Virus Suit

    A New Jersey federal judge has handed Arch Insurance Co. a win in a lawsuit by several Minor League Baseball teams who claimed it wrongly denied coverage for COVID-19 related losses, finding the teams failed to allege any physical loss or damage that would trigger their policies.

  • January 20, 2021

    1st Circ. Affirms Narrow View Of Wire Act In Betting Industry

    The First Circuit ruled Wednesday that the federal Wire Act applies only to interstate communications related to sports betting, rejecting a 2018 U.S. Department of Justice legal opinion interpreting the act as applying to gambling more broadly.

  • January 20, 2021

    Streaming Site Sues For £20M After Virus Sours Soccer Deal

    A British sports streaming platform has sued a U.S. entertainment powerhouse for almost $20 million after the COVID-19 outbreak disrupted its broadcasting of top Italian soccer matches in Brazil.

  • January 20, 2021

    Trump Pardons 'Varsity Blues' Parent Ahead Of Fall Trial

    A real estate developer charged in the "Varsity Blues" college admissions case was among the dozens pardoned by President Donald Trump on his last night in office late Tuesday, undercutting one of his own Justice Department's signature prosecutions.

  • January 19, 2021

    Cop Can't Dodge Counterclaims In Raptors Assault Suit

    A California cop suing the Toronto Raptors over a courtside scuffle with a Black team executive can't slip counterclaims that he used excessive force in turning away an executive for his apparent lack of credentials, a federal court ruled Tuesday.

  • January 19, 2021

    NY Gov. Pitches Tax Hike On Rich, Depending On Fed. Aid

    New York Gov. Andrew Cuomo proposed a budget Tuesday that would increase the state's top income tax rate to create a combined rate that's the highest in the country, unless the federal government provides billions of dollars in aid.

  • January 19, 2021

    NY Gov. Pushes State-Run Sports Betting In New Budget

    New York Gov. Andrew Cuomo on Tuesday reiterated a proposal to legalize mobile sports betting through a state-controlled model similar to the state lottery, setting up a dispute with some state lawmakers who are pushing for several operators licensed through casinos.

  • January 19, 2021

    Calif. Gym's Ch. 11 Break-Up Fee Slashed, Creditors Say

    California-based fitness chain In-Shape's committee of unsecured creditors told the Delaware bankruptcy court Monday that a $1 million break-up fee in the gym's potential $45.3 million sale to a stalking-horse bidder has been slashed, just weeks after the U.S. trustee argued the steep fee could discourage competing bids.

  • January 19, 2021

    Pierce Bainbridge, Funder Ditch Claims Over Poaching Client

    A federal judge has dismissed a Philadelphia attorney's claims that Pierce Bainbridge and litigation funder Parvati Capital poached a client, ruling that he had already failed to sue the firm and that the underlying case's failure meant there was no win he could recover from the funder.

  • January 19, 2021

    Coronavirus Regulations: A State-By-State Week In Review

    The COVID-19 vaccination effort led to milestones over the past week in states including Florida and Texas, which became the first in the nation to administer its millionth dose, and prompted New York to call on Pfizer for direct purchase access so the state can meet increased demand due to expanded eligibility.

  • January 19, 2021

    Nike Expands TM War Over Fake Dunk Sneakers

    A month after Nike Inc. settled a lawsuit that accused a Los Angeles streetwear designer of selling fake Dunk sneakers, the footwear giant is targeting the manufacturer that allegedly supplied the offending shoes.

  • January 15, 2021

    Houston Astros, MLB Sued For Pulling Plug On Affiliate Team

    A Houston Astros' affiliate on Thursday slammed the Major League Baseball team and league for allegedly pulling the plug on their affiliation with the minor league team without notice, hitting the MLB with a $15 million suit over the decision.

  • January 15, 2021

    Ex-NFLer's Family Says Nursing Home On Hook For Fatal Fall

    The family of a former Pittsburgh Steelers player has filed suit against his nursing home in Pennsylvania state court, saying the facility is responsible for his death after he fell down a staircase attached to his room and was found by staff 14 hours later.

  • January 15, 2021

    New DOL Opinion Letters Tackle Tip Pooling

    Businesses can make tipped and nontipped workers share tips so long as they pay all of them the full minimum wage, and they must include mandatory service charges when calculating overtime, the U.S. Department of Labor said in opinion letters released on Friday.

  • January 15, 2021

    Davis Polk, Latham Guide Game Maker Playtika's $1.9B IPO

    Mobile gaming company Playtika began trading on the Nasdaq Friday after pricing an upsized $1.9 billion initial public offering that was guided by Latham & Watkins LLP and Davis Polk & Wardwell LLP.

  • January 15, 2021

    US Figure Skating Pays $1.45M To End Sex Abuse Suit

    A former skater has reached a $1.45 million settlement with the U.S. Figure Skating Association after alleging in a lawsuit the organization did not protect him from a coach who sexually abused him as a minor, an attorney for the skater told Law360 on Friday. 

  • January 15, 2021

    Geneticist Tries To Dodge Cloning Suit From Polo Star

    A Texas geneticist accused of stealing the DNA of an Argentinian polo star's horse and selling clones of it has asked a Florida federal judge to toss the suit, arguing that the court does not have jurisdiction over him and his companies because of their minimal connections to Florida.

  • January 15, 2021

    2nd Circ. Won't Rehear Remand Of CFPB's RD Legal Case

    The Second Circuit has denied a request by litigation funder RD Legal to rehear a panel decision that remanded fraud claims by the Consumer Financial Protection Bureau and New York state, giving the agency a chance to revive the lawsuit before the same district court that tossed it on constitutional grounds.

  • January 15, 2021

    1st Circ. Upholds Ban On Cockfighting In Puerto Rico

    The First Circuit said Thursday that cockfighting is not constitutionally protected speech, finding that a recent law banning the blood sport in Puerto Rico didn't overstep the federal government's authority to regulate commerce between states.

  • January 15, 2021

    2nd Circ. Upholds NCAA Hoops Trio's Bribery Convictions

    The Second Circuit on Friday upheld the convictions of two Adidas basketball marketers and an aspiring agent for defrauding certain Adidas-sponsored universities by paying recruits to steer them to those schools, keeping in place a win for Manhattan federal prosecutors in one of two trials stemming from their college hoops corruption probe.

  • January 14, 2021

    'Varsity Blues' Parent Giannulli Seeks COVID-19 Home Release

    Clothing designer Mossimo Giannulli asked a Massachusetts federal court to release him from his 5-month "Varsity Blues" college admissions scandal prison term into home confinement, citing the ongoing COVID-19 pandemic and his 56 days confined in solitary quarantine while behind bars.

Expert Analysis

  • 6 Changes The Legal Industry Should Prepare For

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    As clients increasingly demand better efficiency, predictability and cost-effectiveness from their legal partners, especially during the pandemic, law firms and other legal service providers may need to explore new ways to bundle and deliver services — and move away from billing by time, says Joey Seeber at Level Legal.

  • Arizona May Have Nudged US Law Firms Toward Future IPOs

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    No U.S. law firm has its shares listed on a public stock exchange unlike some lucrative overseas counterparts, but by allowing nonattorneys to become stakeholders in law firms, Arizona may have paved the way for this to change should other U.S. states — particularly New York — follow suit, says Marc Lieberman at Kutak Rock.

  • 4 Legal Industry Trends Litigation Financiers Are Watching

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    Some recent litigation developments demonstrate efforts by law firms and their clients to search for opportunities in the COVID-19 economic fallout, while others — such as the rise of contingency fee arrangements — reflect acceleration of tendencies that were already underway, says William Weisman at Therium Capital.

  • A Lawyer's Guide To Setting Well-Being Goals In 2021

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    In the face of rising client demands due to the pandemic and the changing regulatory environment, and with remote work continuing for the foreseeable future, lawyers should invest in their well-being by establishing inspiring yet realistic goals for 2021 — one month at a time, says Krista Larson at Morgan Lewis.

  • Keyword Searches To Improve Your Privilege Doc Review

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    "Confidential" and other search terms commonly used to locate privileged documents during e-discovery are pretty ineffective, so practitioners should consider including specific types of keywords that are demonstrably better at targeting privilege, say Robert Keeling at Sidley and Rishi Chhatwal at AT&T.

  • 6 Advertising Law Trends To Watch In 2021

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    For the world of advertising, 2021 will bring new challenges and considerations shaped not only by the ongoing pandemic, but also by new legal developments regarding social media, cannabis and consumer privacy, say Jason Gordon and Casey Perrino at Reed Smith.

  • ABA Approves Remote Practice, But Questions Remain

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    Lawyers working remotely during the pandemic while physically outside the jurisdictions in which they are licensed will find some comfort in a recent American Bar Association opinion sanctioning such practice, but there is ambiguity regarding the contours of what's allowed, say attorneys at Harris Wiltshire.

  • Keys To Creating Standout Law Firm Thought Leadership

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    Whether geared toward a global audience or a particular client, a law firm's articles, blog posts and client alerts should strive to be original by harnessing a few editorial tools and following the right distribution sequence, say Steven Andersen and Tal Donahue at Infinite Global.

  • Perspectives

    Judges On Race: The Power Of Discretion In Criminal Justice

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    Judges should take into consideration the several points of law enforcement and prosecutorial discretion — from traffic stops to charging decisions and sentencing recommendations — that often lead to race-based disparate treatment before a criminal defendant even reaches the courthouse, say Judge Juan Villaseñor and Laurel Quinto at Colorado's Eighth Judicial District Court.

  • 5 Attorney Business Development Tips For The New Year

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    Lawyers should remember that the basics of interpersonal relationships have not changed despite the completely virtual environment caused by the pandemic, and should leverage the new year as an excuse to connect with clients in several ways, say Megan Senese and Courtney Hudson at Pillsbury.

  • FCPA Can Guide Foreign Parties' Anti-Doping Act Compliance

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    Foreign corporate sponsors and other parties that could be held liable under the recently passed Rodchenkov Anti-Doping Act for enabling doping in international competition involving U.S. athletes should look to the Foreign Corrupt Practices Act as a guide to the new law's extraterritorial reach, say Bradley Henry and Mariah Vitali at Michelman & Robinson.

  • Minimizing Disruption To Clients During Law Firm IT Upgrades

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    For law firms planning overhauls in their information technology infrastructures in light of hard lessons learned from pandemic-era transition to remote work, there are five ways to ensure even the biggest tech upgrade has minimal impact on client service, says Brad Paubel at Lexicon.

  • Tips For Drafting Effective Amicus Briefs

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    Careful construction of an amicus brief's essential elements — including the table of contents, which determines whether a brief gets studied or skimmed — and the order in which they are crafted are key to maximizing a party's hoped-for impact on a case before the U.S. Supreme Court or other appellate courts, say Mark Chopko and Karl Myers at Stradley Ronon.

  • 5 Trends That Will Influence E-Discovery In 2021

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    Changes in the way people work and communicate — which the pandemic has accelerated — will continue to bring new e-discovery challenges and shifts in data recovery this year, says Brian Schrader at Business Intelligence Associates.

  • Key Issues In High Court's Review Of NCAA Antitrust Ruling

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    The U.S. Supreme Court's review of NCAA v. Alston — a case in which the Ninth Circuit struck down rules restricting education-related pay and benefits for student-athletes as an unreasonable restraint of trade — could change the landscape of college sports and the NCAA's ability to govern, say attorneys at Morgan Lewis.

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