Sports

  • August 17, 2012

    Pickens Asks 5th Circ. For $33M Life Insurance Refund

    Cowboy Athletics Inc. and billionaire T. Boone Pickens asked the Fifth Circuit on Thursday to revive their fraud and breach of contract claims against Lincoln National Life Insurance Co. over an alleged life insurance scam that cost the athletic company $33 million.

  • August 16, 2012

    MSR Judge Pegs Hilton Damages At $124M

    The New York bankruptcy judge overseeing MSR Resort Golf Course LLC's dispute with Hilton Worldwide Inc. over damages associated with the cancellation of property management contracts at three hotels on Thursday clarified an earlier order delineating the damages, putting the total at around $123.8 million.

  • August 16, 2012

    Calif. Ruling May Boost NFL's Shot At Concussion Coverage

    The National Football League sued dozens of insurers Wednesday to score coverage for lawsuits more than 3,000 football players brought over brain injuries — a dispute the league will fight to keep in California, experts say, especially on the heels of the California Supreme Court's recent pro-policyholder ruling on coverage for long-tail claims.

  • August 16, 2012

    Media Titan Bruce Tobey Joins O'Melveny From CBS Films

    O'Melveny & Myers LLP has nabbed Bruce Tobey, the former chief operating officer at CBS Films, to join the firm's entertainment, sports and media practice, the firm said Wednesday. 

  • August 16, 2012

    Trump Tees Off Talks To Buy Land In Fla. County

    Real estate mogul Donald Trump's company has initiated talks to purchase 277 acres of land from Palm Beach County, Fla., where it currently leases property for a golf club, the county said Thursday.

  • August 16, 2012

    SEC Says Ex-Georgia Football Coach Ran $80M Ponzi Scheme

    The U.S. Securities and Exchange Commission on Thursday accused former University of Georgia football coach Jim Donnan of orchestrating an $80 million Ponzi scheme, claiming he and a partner used his stature to get college coaches and former players to invest in a phony wholesale liquidation business.

  • August 16, 2012

    Steelers Sue Vendor Over 'Terrible Towel' Trademark

    The Pittsburgh Steelers and a nonprofit foundation that holds the trademark rights to the "Terrible Towels" waved by the NFL team's fans sued a western Pennsylvania man on Tuesday for allegedly selling Italian-language knockoffs of the towels.

  • August 16, 2012

    NFL, Ravens Say They Fairly Use Designer's Logo

    NFL Enterprises LLC and the Baltimore Ravens asked a Maryland federal judge on Wednesday to toss allegations that historical photos and video clips featuring the football team's old logo violated the designer's copyrights, saying their use of the design was “patently transformative.”

  • August 15, 2012

    NY Soccer Stadium Faces Hurdles Despite Prominent Backers

    Major League Soccer's plans to build a new $300 million, 25,000-seat soccer-only stadium in Queens got a boost from Mayor Michael Bloomberg and Gov. Andrew Cuomo this week, but legal experts say a slew of obstacles remain before soccer fans can expect to visit a new venue.

  • August 13, 2012

    Excess Insurer Says NFL Not Covered For Head Injury Suits

    Alterra America Insurance Co. on Monday sued the National Football League, saying that as an excess insurer, it has no duty to defend the league against dozens of former players’ lawsuits claiming they sustained neurological injuries during their careers.

  • August 13, 2012

    Dick's Sporting Goods Landlord Sues For $1.2M In Back Rent

    A New York-based landlord on Monday sued Dick's Sporting Goods Inc. for $1.2 million in rent it claims Dick's owes on sales receipts from a Western Pennsylvania store, including a portion it subleased to a company later bought by electronics giant Best Buy Corp.

  • August 10, 2012

    Sporting Goods Co. Fights Insurers To Defend ZIP Code Suit

    Big 5 Sporting Goods Corp. urged a California federal judge Friday to require Zurich American Insurance Co. and Hartford Fire Insurance Co. to pay for its defense in consumer class actions in state courts accusing the retail chain of illegally collecting customer ZIP codes.

  • August 10, 2012

    FERPA Doesn't Cover UNC Docs On Players' Perks, Judge Says

    A North Carolina judge ruled Thursday that the Family Educational Rights and Privacy Act does not shield the University of North Carolina from having to turn over to the media records detailing personal perks received by its football players that led to league sanctions.

  • August 10, 2012

    NJ Lawmakers Propose Tax Exemption For Olympics Cash

    New Jersey Olympians wouldn't have to pay state income taxes on the cash honoraria that come with their medals under proposed legislation that a group of lawmakers announced Friday.

  • August 10, 2012

    Mixed Martial Arts Trade Secrets Row Headed For Another Round

    An Indiana appeals court on Friday remanded the North American Boxing Council's suit alleging HDNet LLC stole its idea for a mixed martial arts broadcast series, saying a lower court misinterpreted the state's trade secrets laws when it granted summary judgment to the council.

  • August 10, 2012

    NFL Players Say SunTrust Liable For Alleged Ponzi Scheme

    A St. Louis Rams quarterback and three other professional athletes who lost millions in their financial adviser's alleged Ponzi scheme sought to recoup their losses in Pennsylvania federal court Wednesday, accusing SunTrust Bank Inc. of failing to properly vet the adviser's investment practices before acquiring his company in 2010. 

  • August 10, 2012

    49ers, Santa Clara Reach Deal On Stadium Fund Dispute

    The San Francisco 49ers and city of Santa Clara, Calif., reportedly reached a tentative deal Thursday to split $30 million taken back by a city agency that had been earmarked for a $1.2 billion stadium project, which spurred a lawsuit from the team.

  • August 9, 2012

    FCC Denies Comcast's Bid For Stay Of Tennis Channel Ruling

    The Federal Communications Commission on Thursday mostly denied Comcast Cable Communications LLC's request for a stay of the implementation of a ruling forcing Comcast to carry the Tennis Channel on the same package as its affiliated sports networks.

  • August 9, 2012

    Giants, Jets Can't Block $2B NJ Complex Yet, Judge Rules

    A New Jersey state judge on Thursday rejected an effort by New York Jets LLC and New York Football Giants Inc. to block Canadian developer Triple Five Group Ltd.'s plans for a $2 billion entertainment complex, saying their lawsuit was premature.

  • August 9, 2012

    Developer Pitches New Stadium For Tampa Bay Rays

    A private developer sent a proposal for a new Tampa Bay Rays stadium to the mayor of St. Petersburg, Fla., on Wednesday, in an effort to solve mounting tensions between the team and the city over the Rays' desire for a new home.