Sports & Betting

  • October 22, 2021

    Brand Battles: Polaris Won't Go Soft On Monster Energy's TM

    In Law360's latest roundup of new actions at the Trademark Trial and Appeal Board, ATV maker Polaris Industries Inc. is trying to block Monster Energy Co.'s trademark application for "Polaris" energy drinks — plus four other cases you need to know about.

  • October 22, 2021

    Ex-Titans Player Dodges Prison In $3.9M Health Plan Scam

    Former Tennessee Titan Antwan Odom avoided prison time Thursday for his role in a $3.9 million scheme to bilk the league's health plan, with a Kentucky federal judge sentencing him to six months of home confinement.

  • October 22, 2021

    Ex-NBA Star's Foundation Says Coach Misused TMs, Funds

    Former NBA All-Star Amar'e Stoudemire's foundation is suing the past director of its youth basketball program in Florida, saying Thursday he has continued to use the foundation's trademarks since his firing last month for allegedly stealing grant funds.

  • October 22, 2021

    NFL To Stop Concussion Race-Norming In Unsealed Deal

    The NFL has formally agreed to stop the controversial use of race-based norms in cognitive testing for payouts from the uncapped concussion settlement and Black players will have an opportunity to have their claims reviewed, though it could be weeks before the deal is finalized.

  • October 22, 2021

    Blank-Check Co. Iconic Sports Leads 3 IPOs Totaling $761M

    A London-based blank-check company hoping to acquire a global sports franchise began trading on Friday after completing an upsized $300 million initial public offering, one of three special purpose acquisition companies to publicly debut after raising a combined $761 million.

  • October 22, 2021

    Settlement A No-Go As Adidas Targets Clothier Over Stripes

    A Manhattan federal judge heard Friday that "epic" settlement talks over two years have failed in what could be a big-dollar trademark infringement battle between sportswear giant Adidas and clothier Thom Browne over striped athletic gear and shoes.

  • October 22, 2021

    Don't Miss It: Debevoise, Davis Polk Guide Week's Hot Deals

    With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days helmed by firms such as Debevoise & Plimpton LLP and Davis Polk & Wardwell LLP. Here, Law360 recaps the ones you may have missed.

  • October 21, 2021

    Unvaxxed Players, Coaches Have Uphill Legal Fights Ahead

    Professional sports leagues are struggling with how to handle players and coaches who refuse to get COVID-19 vaccinations despite local and state mandates, but experts say leagues and teams that impose discipline are unlikely to face serious blowback as courts appear sympathetic to employers' plight.

  • October 21, 2021

    IP Forecast: Google Lyrics Battle To Play Out At 2nd Circ.

    The Second Circuit will consider next week whether copyright law preempts claims by lyrics website Genius that Google misappropriated content for the tech giant's search results. Here's a look at that case — plus all the other major intellectual property matters on deck in the coming week.

  • October 21, 2021

    Coinbase Looks To Arbitrate Claims It Ran Deceptive Contest

    Coinbase has asked a California federal judge to send to arbitration traders' claims that the cryptocurrency exchange's marketing for a contest deceived customers, saying the traders agreed to arbitrate such disputes when they signed up to use the platform.

  • October 21, 2021

    NBA Announcer Fired For 'All Lives Matter' Tweet Sues Station

    Longtime former Sacramento Kings announcer Grant Napear sued an affiliate of CBS Sports Radio in California federal court Thursday alleging the station wrongly fired him for tweeting "All lives matter" during racial justice protests last summer.

  • October 21, 2021

    Pa. Gambling Co.'s Virus Coverage Suit Stays In Federal Court

    A Pennsylvania federal judge has shot down a regional casino and racetrack operator's request to send its lawsuit seeking insurance coverage for pandemic-related financial losses back to state court, where it was originally filed.

  • October 21, 2021

    IndyCar Promoter Admits Fraud, Tax And Virus Aid Schemes

    A former IndyCar event promoter pled guilty Thursday to federal fraud, tax and money laundering charges that prosecutors tied to a slew of financing and pandemic aid schemes.

  • October 21, 2021

    Sports-Focused NFT Biz Candy Digital Valued At $1.5B

    Sports-focused nonfungible token company Candy Digital said Thursday it's now valued at $1.5 billion after its Series A funding round as it seeks to continue building the official NFT platform for Major League Baseball.

  • October 20, 2021

    Real Estate Rumors: TA Associates, Lerner, Man Group

    TA Associates has reportedly sold a Florida office building for $16.8 million, Lerner Enterprises is said to have dropped $114 million on a Miami apartment complex and a Man Group entity is said to have loan $22.4 million for a Florida multifamily project.

  • October 20, 2021

    4th Circ. Won't Turn To Md. High Court In Virus Coverage Row

    The Fourth Circuit declined Wednesday to certify to Maryland's highest court questions of whether the coronavirus causes physical damage required for property insurance coverage, dealing a defeat to a real estate developer appealing its virus coverage suit.

  • October 20, 2021

    Exclusion Bars Coverage For Man's Injuries From Drag Race

    An Illinois federal judge on Wednesday cleared Atain Specialty Insurance Co. from covering a suit against a drag race organizer brought by a man who was struck by a vehicle participating in a race, finding the policy's event-participation exclusion was applicable.

  • October 20, 2021

    Fla. Backs DOI In Tribal Gambling Deal Challenge

    With a fresh win secured over claims that an online gambling deal between Florida and the Seminole Tribe violates gambling laws, the state threw its support behind the federal government in its bid to nix nearly identical allegations asserted by a south Florida family gambling dynasty.

  • October 20, 2021

    'Potty LLC' Pandemic Loan Adds To IndyCar Exec's Rap Sheet

    An IndyCar Grand Prix event promoter who is slated to plead guilty to fraud and tax charges was hit with new allegations Wednesday that he scored $676,000 in pandemic relief funds through purported business entities including "Now Potty LLC," with the money allegedly used for personal expenses like luxury hotels and a 3-carat diamond ring.

  • October 20, 2021

    Ex-NFLer Pleads Guilty To Filing Fake Unemployment Claims

    Former National Football League wide receiver Kenbrell Thompkins is facing up to 12 years in prison after pleading guilty to stealing Social Security numbers to get COVID-19-related unemployment insurance benefits.

  • October 20, 2021

    Feds Say Ex-USC Staff Must Face Full 'Varsity Blues' Evidence

    Federal prosecutors in the "Varsity Blues" college admissions case pushed back Tuesday on efforts by a former University of Southern California official and coach to limit evidence when they go before jurors in the second and third trials of the high-profile scandal.

  • October 19, 2021

    NBA Star Denied $100K Damages In 'Greek Freak' IP Win

    NBA star Giannis Antetokounmpo may have won the latest lawsuit over his "Greek Freak" trademark, but he won't be netting $100,000 in damages after a New York federal judge blocked his counterfeiting claims in the case on Monday.

  • October 19, 2021

    Fla. Judge Nixes Suit Over Seminole Online Gambling Deal

    A Florida federal judge has tossed a suit by two pari-mutuels claiming an online gambling compact between Florida and the Seminole Tribe violates gambling laws, ruling that the companies didn't have standing to bring their claims against Florida Gov. Ron DeSantis and another state official.

  • October 19, 2021

    Calif. Swim Club Sues Hartford Unit Over Virus Coverage

    A California swim club filed a putative class action Monday against a Hartford insurance unit, arguing that the club's temporary closure was a direct physical loss that would qualify it for coverage.

  • October 19, 2021

    6 Firms Rep Quartet Of Blank-Check Cos. Raising $561M

    Four blank-check companies targeting industries such as technology, blockchain and financial technology began trading on the Nasdaq on Tuesday after raising a combined $561 million in initial public offerings guided by six law firms.

Expert Analysis

  • Financial Planning Tips For Retiring Law Firm Partners

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    As the pandemic accelerates retirement plans for many, Michael Delgass at Wealthspire Advisors outlines some financial considerations unique to law firm partners, including the need for adequate liquidity whether they have capital accounts or pension plans.

  • Preparing Remote Deposition Defenses For Corporate Entities

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    As remote depositions will remain common for the foreseeable future, attorneys defending a deposition notice or subpoena to a corporation should implement certain strategies to mitigate unique challenges, such as less planning time and increased difficulty of establishing rapport with witnesses, say attorneys at Sidley.

  • Perspectives

    Why Law Schools Should Require Justice Reform Curriculum

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    Criminal defense attorney Donna Mulvihill Fehrmann argues that law schools have an obligation to address widespread racial and economic disparities in the U.S. legal system by mandating first-year coursework on criminal justice reform that educates on prosecutorial misconduct, wrongful convictions, defense 101 and more.

  • Girardi Scandal Provides Important Ethics Lessons

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    The litigation and media maelstrom following allegations that famed plaintiffs attorney Thomas Girardi and his law firm misappropriated clients' funds provides myriad ethics and professional responsibility lessons for practitioners, especially with regard to misconduct reporting and liability insurance, says Elizabeth Tuttle Newman at Frankfurt Kurnit.

  • Series

    Embracing ESG: Jabil GC Talks Compliance Preparation

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    Tried-and-true compliance lessons from recent decades can be applied to companies’ environmental, social and governance efforts, especially with regard to employee training and consistent application of policies — two factors that can create a foundation for ESG criteria to flourish, says Robert Katz at Jabil.

  • Tips For Cos. On Ga. College Athlete Endorsement Law

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    Georgia recently joined many other U.S. states in adopting a statute enabling collegiate athletes to profit from their names, images and likenesses, but some of the law's restrictions diverge from typical expectations of celebrity endorsements and similar arrangements, so potential sponsors must proceed with caution, say attorneys at BCLP.

  • 3 Ways CLOs Can Drive ESG Efforts

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    Chief legal officers are specially trained to see the legal industry's flaws, and they can leverage that perspective to push their companies toward effective environmental, social and governance engagement, says Mark Chandler at Stanford Law School.

  • How Law Firms Can Rethink Offices In A Post-Pandemic World

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    Based on their own firm's experiences, Kami Quinn and Adam Farra at Gilbert discuss strategies and unique legal industry considerations for law firms planning hybrid models of remote and in-office work in a post-COVID marketplace.

  • Series

    Embracing ESG: Baker Hughes CLO Talks Sustainability Team

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    For businesses focused on addressing environmental, social and governance considerations, a legal team that can coordinate sustainability efforts across the company can help to manage risk and compliance issues, anticipate and prepare for change, and identify new opportunities, says Regina Jones at Baker Hughes.

  • College Athlete Employee Status Would Raise Novel Issues

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    A recent declaration that the National Labor Relations Board's office of general counsel now considers certain college athletes employees, if formally adopted by the NLRB, could bring new questions for colleges and athletes on workers' compensation, unemployment insurance, tax liability and more, says Mike Ingersoll at Womble Bond.

  • What Mainstreaming Of Litigation Finance Means For Industry

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    The rush of new capital and investors into the litigation funding space is expected to bring heightened competition on price and other key deal terms, but litigants will need to be more in tune with individual financiers' proclivities, says William Weisman at Therium Capital Management.

  • What 9th Circ. Privilege Test Means For Dual-Purpose Advice

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    While the Ninth Circuit's recent ruling in In re: Grand Jury confirms that courts should use the primary-purpose test to determine whether communications with both legal and business purposes are shielded by the attorney-client privilege, questions on the application of the test remain, says Scott Tenley at Michelman & Robinson.

  • Lifting The Veil On The Supreme Court's Shadow Docket

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    Following headline-making U.S. Supreme Court emergency orders on Texas’ new abortion law, COVID-19 restrictions and more, Vetan Kapoor, counsel to Senate Judiciary Committee ranking member Chuck Grassley, R-Iowa, examines the court's so-called shadow docket and its decision-making procedures, including questions around transparency, timing and precedential effect.

  • Series

    Embracing ESG: United Natural Foods GC Talks Bottom Line

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    In prioritizing environmental, social and governance initiatives as strategic value drivers, corporate general counsel can leverage meaningful ESG progress to benefit both the business's bottom line and the wider world, says Jill Sutton at United Natural Foods.

  • 3 Attorney Ethics Considerations For Litigation Funding

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    The growth of the litigation finance industry has generated questions on the obligations of counsel when their clients are seeking outside capital to fund litigation, which litigators must understand when providing information to a third-party funder and discussing legal strategy with a client, says Matthew Oxman at LexShares.

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