Sports & Betting

  • March 07, 2024

    Deals Rumor Mill: Reddit, Cisco, LeBron James-PGA Tour

    Reddit's IPO could fetch a $6.5 billion valuation, European antitrust regulators are likely to approve Cisco's $28 billion acquisition of cybersecurity firm Plunk, and LeBron James is among parties interested in investing up to $3 billion combined to support the PGA Tour. Here, Law360 breaks down these and other notable deal rumors from the past week.

  • March 07, 2024

    Feds Want 7 Years For Jaguars Worker Who Stole $22M

    Federal prosecutors asked a Florida judge Thursday to sentence a former employee of the Jacksonville Jaguars to seven years in prison because he "betrayed" the football team when he embezzled $22 million to "live in the fast lane."

  • March 07, 2024

    Robinhood Teams With Rich Paul, Klutch To Expand To Sports

    Robinhood is partnering with Klutch Sports Group to help it extend its reach into sports, entertainment and media, with Klutch founder and CEO Rich Paul as its strategic brand adviser, the financial investment app announced Thursday.

  • March 07, 2024

    Bike Parts Co. Faces Sanctions Threat Over Court Shopping Bid

    A Georgia federal judge on Wednesday threatened to sanction a bike parts manufacturer after it attempted to relocate a patent infringement lawsuit to California, an effort the court said was based on "silence and selective speech" about its corporate ties to the Peach State.

  • March 06, 2024

    Ex-Northeastern Coach Gets 5 Years In Nude Photo Ploy

    A former Northeastern University track and field coach was sentenced by a federal judge to five years in prison Wednesday for a series of schemes to trick young women into providing him with nude or semi-nude photos that he used for his own gratification and shared for clout in online forums that traded in surreptitiously-obtained images.

  • March 06, 2024

    Varsity Brands Can't Nix Expert's Testimony In Cheer Suit

    Cheerleading supply company Varsity Brands won't be able to completely block the expert report of an economist hired by parents who have accused the company of working with others to raise the price of participating in competitive cheerleading, the Tennessee federal judge overseeing the case ruled Wednesday.

  • March 06, 2024

    Federal Lawmakers Want To Protect 172 Acres For Calif. Tribe

    Legislation introduced by two U.S. senators would place 172 acres into trust for a California tribe in an effort to bring its members back to its reservation where they can develop a permanent home.

  • March 06, 2024

    Feb. 2025 Trial Set In $1B Ronaldo Binance Promo Suit

    A Florida federal judge has set a February 2025 trial date and other pre-trial details for the proposed class action against soccer star Cristiano Ronaldo related to his role in promoting embattled crypto platform Binance.com, following the failure of the parties to file their joint scheduling reports.

  • March 06, 2024

    USA Swimming Can't Avoid Botched Probe Suit, Parent Says

    A parent criticized USA Swimming for trying to dodge liability in a lawsuit saying her young son was vilified and humiliated by false sexual misconduct allegations, arguing the national swimming governing body can't claim immunity because another organization investigated the allegations.

  • March 06, 2024

    Antisemitism Org. Slams Ex-Hockey Player's Defamation Suit

    An antisemitism watchdog group has said it should not have to face a former University of Michigan hockey player's defamation suit for calling him antisemitic after the student was caught spray-painting offensive graffiti in front of the campus' Jewish cultural center, arguing the group's speech is protected by the First Amendment.

  • March 06, 2024

    Sports Illustrated Betting Platform To Be Shut Down

    The turmoil at Sports Illustrated continued Wednesday as its partner 888 Holdings PLC announced that it was terminating its sportsbook agreement with the brand's parent company, saying the scale of operating costs in the United States has made the venture untenable.

  • March 06, 2024

    Gambling Ring Honcho Cops Plea After 13 Years On The Lam

    A man who helped run a multimillion-dollar online gambling ring has pled guilty after 13 years as a fugitive in Antigua, Boston federal prosecutors said.

  • March 06, 2024

    Feds Get More Time To Reply In Fla. Casinos Case

    The U.S. Supreme Court on Wednesday granted the federal government a 30-day extension to reply to two Florida casino operators' petition for a writ of certiorari that seeks to reverse a decision that found a compact allowing online sports betting off tribal lands is lawful.

  • March 06, 2024

    Wimbledon Champ Scores Significant Doping Ban Reduction

    Romanian professional tennis player Simona Halep has secured a victory in her appeal of a doping ban, with the Court of Arbitration for Sport reducing her period of ineligibility from four years to nine months because her violation was found to be unintentional.

  • March 06, 2024

    BowFlex Gets OK For $25M DIP, Plans On April Sale

    A New Jersey bankruptcy judge on Wednesday gave BowFlex permission to draw on $25 million in Chapter 11 financing as the exercise equipment company heads for what it said will be an April asset sale.

  • March 05, 2024

    Court Has No Cause To Deny Casino Land Request, Tribe Says

    A Michigan tribe urged the D.C. Circuit to reverse a lower court's ruling blocking it from acquiring land for two casino developments, arguing there's no dispute it bought the land to generate gaming revenue and that the Supreme Court and Congress have recognized its endeavor.

  • March 05, 2024

    Parents Can't Get Redo Of Youth Soccer Concussion Suit

    A Maryland appeals court won't upend a win for a youth soccer club and others in a suit over a 14-year-old's concussion during practice, saying even if they violated state law by failing to provide information about concussions, the parents haven't shown any proof that this failure caused the injury.

  • March 05, 2024

    Gibson Dunn AI Leader On Weathering The AI Policy Blizzard

    Like a mountaineer leading a team through a snowstorm, Gibson Dunn & Crutcher LLP's artificial intelligence co-chair Cassandra L. Gaedt-Sheckter is guiding companies developing and using artificial intelligence through a blizzard of new laws and regulations coming online in Europe and the U.S., saying that assessing AI risks is the North Star to mitigating them.

  • March 05, 2024

    Texas Court Clears Gun Dealer In Suit Over Woman's Suicide

    A suit accusing sporting goods giant Academy Sports + Outdoor of negligently selling a handgun to a woman who used it to kill herself was properly dismissed, a Texas appeals court ruled Tuesday, saying that because the company's sale was lawful it can't be blamed for her death.

  • March 05, 2024

    Dartmouth Basketball Players Vote To Unionize With SEIU Unit

    Men's basketball players at Dartmouth College voted for unionization with a Service Employees International Union local, according to a National Labor Relations Board tally Tuesday, while the university said it is "unprecedented" to deem these players employees.

  • March 05, 2024

    U. Of Oregon Denies Discrimination Against Women Athletes

    The University of Oregon has denied that it violated Title IX in its treatment of the school's women athletes, claiming there was "no evidence" of the gender discrimination alleged by the members of the beach volleyball and rowing teams in a December federal class action.

  • March 05, 2024

    NY Giant Appealed Too Late To Contest $800K Arbitral Award

    A New Jersey appeals court on Tuesday refused to let a former New York Giant appeal an $800,000 arbitration award to the estate of a man who died in his basement, saying he missed the 30-day deadline to demand a new trial.

  • March 05, 2024

    Cadence To Acquire Beta Cae In $1.24B Cash-And-Stock Deal

    Latham & Watkins LLP-advised Cadence Design Systems Inc. will pay $1.24 billion for engineering simulation software business Beta Cae Systems International AG, which serves Formula One racing teams and major automotive companies, according to an announcement Tuesday.

  • March 05, 2024

    Bape Can't Outrun Nike's Claim It Swiped Sneaker Designs

    A New York federal judge refused Monday to end Nike's trademark action accusing Bape of copying the "iconic" look of Nike's Air Force 1 and Air Jordan sneakers, finding Nike's certificates of registration sufficiently articulate the purview of its purported trade dress, including specific, written descriptions and design details.

  • March 05, 2024

    BowFlex Maker Files For Bankruptcy With $67M Debt

    The makers of the BowFlex exercise machine filed for Chapter 11 protection in New Jersey bankruptcy court late Monday with more than $67 million in debt and a $37.5 million purchase offer.

Expert Analysis

  • The Far-Reaching Impacts Of 'NFTs Can Be A Security' Ruling

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    A New York federal judge's recent first-of-its-kind finding in Friel v. Dapper Labs that non-fungible tokens can be securities will likely be used by other plaintiffs — and perhaps the U.S. Securities and Exchange Commission — as a key part of their respective playbooks in pending and future securities matters involving digital assets, say attorneys at Holland & Knight.

  • Fla. NIL Law May Cue State Publicity Right Deregulation Trend

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    A new Florida name, image and likeness law that significantly reduces prohibitions on colleges, athletic departments and coaches from participating in endorsement deals is a sign of a possible trend of state deregulation of student-athletes' publicity rights — and an attractive development for businesses, says Drew Dorner at Duane Morris.

  • Justices Leave Questions Open On Dual-Purpose Atty Advice

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    The U.S. Supreme Court's recent dismissal of In re: Grand Jury on grounds that certiorari was improvidently granted leaves unresolved a circuit split over the proper test for deciding when attorney-client privilege protects a lawyer's advice that has multiple purposes, say Susan Combs and Richard Kiely at Holland & Hart.

  • A TM Lesson From Damar Hamlin's 'Did We Win?' Shirts

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    Buffalo Bills safety Damar Hamlin's recent application for the "Did We Win?" trademark — just days after suffering a cardiac arrest, and two days before selling T-shirts with the phrase — is a reminder for attorneys that registering a trademark does not create it, but using it in commerce does, says Jeremiah Foley at Harness IP.

  • Why Celebrities Are Ensnared In SEC Crypto-Touting Actions

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    Given the U.S. Securities and Exchange Commission's increasingly broad view of which crypto-assets constitute securities and its willingness to go after celebrities, including most recently former NBA star Paul Pierce, for violating anti-touting laws, promoters need to pay close attention to their disclosure obligations, say Kurt Gottschall and Payton Roberts at Haynes Boone.

  • Steps Lawyers Can Take Following Involuntary Terminations

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    Though lawyers can struggle to recover from involuntary terminations, it's critical that they be able to step back, review any feedback given and look for opportunities for growth, say Jessica Hernandez at JLH Coaching & Consulting and Albert Tawil at Lateral Hub.

  • Adidas Stripe TM Trial Loss Hinged On Price Points

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    A Manhattan federal jury's recent clearance of Thom Browne's liability in a trademark infringement case brought by Adidas over its three-stripe design highlights well-settled trademark law — different price points and channels of trade can distinguish what would otherwise be considered confusingly similar marks, says Paula Hopkins at Venable.

  • High Court Ax Of Atty-Client Privilege Case Deepens Split

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    The U.S. Supreme Court's recent dismissal of In re: Grand Jury as improvidently granted maintains a three-way circuit split on the application of attorney-client privilege to multipurpose communications, although the justices have at least shown a desire to address it, say Trey Bourn and Thomas DiStanislao at Butler Snow.

  • Best Practices For Celeb Alcohol Ventures In Growing Market

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    Recent data shows that celebrity-owned brands are key drivers for alcohol e-commerce — which is predicted to grow by over 30% in the next five years — so attorneys advising famous clients should review the complex regulatory system for alcoholic beverages in the U.S. before taking up such a venture, say Rachel Lawson and Jacob White at Dickinson Wright.

  • 3 Job Satisfaction Questions For Partners Considering Moves

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    The post-pandemic rise in legal turnover may cause partners to ask themselves what they really want from their workplace, how they plan to grow their practice and when it's time to make a move, says Patrick Moya at Quaero Group.

  • 4 Exercises To Quickly Build Trust On Legal Teams

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    High-performance legal teams can intentionally build trust through a rigorous approach, including open-ended conversations and personality assessments, to help attorneys bond fast, even if they are new to the firm or group, says Ben Sachs at the University of Virginia School of Law.

  • New Rulings Show Job Duties Crucial To Equal Pay Act Claims

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    Two recent decisions from the Fourth and Tenth Circuits emphasize that it is an employee's actual responsibilities, and not just their job title, that are critical to a pay discrimination claim under the Equal Pay Act and can offer some lessons for employers in avoiding and defending these claims, say Fiona Ong and Lindsey White at Shawe Rosenthal.

  • 8 Steps To Improve The Perception Of In-House Legal Counsel

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    With the pandemic paving the way for a reputational shift in favor of in-house corporate legal teams, there are proactive steps that legal departments can take to fully rebrand themselves as strong allies and generators of value, says Allison Rosner at Major Lindsey.

  • 'OK Go!' Suit Highlights TM Protection For Common Words

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    A recent trademark suit filed by Post Foods against the band OK Go over the cereal maker's use of "OK Go!" provides the latest opportunity to look at the issue of trademarking common words, and illustrates why companies have to be careful when picking names, says William Honaker at Dickinson Wright.

  • Procedure Rule 7.1 Can Simplify Litigators' Diversity Analysis

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    A recent amendment to Federal Rule of Civil Procedure 7.1 will help trial courts determine whether the parties to a case are diverse, and may also allow litigators to more quickly determine whether they can remove certain cases to federal court, says Steve Shapiro at Schnader Harrison.

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