Sports

  • October 21, 2009

    Judge Refuses $17.8M Fee Bid For Tennis Fight Victor

    In an antitrust lawsuit over the reconfiguration of a tournament system, a judge has refused to award more than $17.85 million in attorneys' fees to men's professional tennis association ATP Tour Inc.

  • October 20, 2009

    Coyotes Sponsor Seeks Rule 2004 Probe In Ch. 11 Case

    RideNow Management LLC, which runs a network of recreational vehicle dealerships, has moved for an examination of the debtors in the Phoenix Coyotes' Chapter 11 case based on the hockey team's inclusion of a sponsorship agreement with the company in a list of contracts that may be assigned once the team is sold.

  • October 16, 2009

    NHL Star Fedorov Sues Hyman Lippitt For Malpractice

    Former NHL star Sergei Fedorov has fired a slap shot at his former counsel at Hyman Lippitt PC, claiming the firm's conflict of interest in its simultaneous representation of his financial adviser contributed to his loss of more than $60 million in investments.

  • October 16, 2009

    VW To Issue $15B In New Shares

    Volkswagen AG has announced plans to issue up to 135 million new nonvoting preferred shares to aid its purchase of Porsche AG’s sports car business.

  • October 15, 2009

    Retired NFL Players Add To Unpaid Likeness Complaint

    A group of ex-NFL players pursuing a putative trademark infringement class action against the league has amended its complaint to include former Rams and Redskins safety Toby Wright, expanding the scope of its allegations that the NFL has been profiting off the unauthorized use of the players' likenesses without authorization or compensation.

  • October 14, 2009

    NCAA Slams Antitrust Suit Over Athlete Licensing

    The National Collegiate Athletic Association has asked a judge to drop a class action filed by former college athletes alleging the NCAA’s policy of forbidding student-athletes from receiving money for the use of their images in the multimillion-dollar college sports industry is a violation of U.S. antitrust law.

  • October 13, 2009

    Tribune's Cubs Sale OK'd In 2nd Bankruptcy Case

    A federal bankruptcy judge has approved the $845 million sale of the Chicago Cubs baseball team from bankrupt Tribune Co. to Ricketts Acquisition LLC just one day after the team filed for Chapter 11 bankruptcy in a move to protect itself from Tribune creditors.

  • October 13, 2009

    Limbaugh Faces More Opposition To NFL Team Bid

    One of the National Football League team owners, who have a say in any efforts by Rush Limbaugh to buy the St. Louis Rams, reportedly vowed Tuesday to oppose the move, while the league's commissioner also expressed skepticism about the conservative pundit's past racially charged comments.

  • October 12, 2009

    Cubs File For Ch. 11 As Part Of Sale to Ricketts

    The Chicago Cubs have filed for bankruptcy in a move to protect the storied baseball franchise from claims against it as its ownership transfers from the bankrupt Tribune Co. to Ricketts Acquisition LLC.

  • October 12, 2009

    Dwyane Wade Moves To Block Pat Riley Deposition

    NBA star Dwyane Wade has asked a federal judge to block LH Equity Investment LLC's bid to depose Miami Heat team President Pat Riley in an antitrust suit accusing Wade and his business partners of pulling out of a deal to endorse a Florida chain of theme restaurants named D. Wade's Place.

  • October 8, 2009

    Golf Shaft Maker True Temper Files For Ch.11

    True Temper Corp., the world's leading manufacturer of golf shafts, has filed a voluntary petition for Chapter 11 bankruptcy, a week after announcing that it had reached a financial restructuring agreement with its secured lenders, bondholders and shareholders to reduce its overall loan balance.

  • October 8, 2009

    Sony Resolves Copyright Suit With Ravens

    Sony Music Entertainment has resolved a copyright infringement dispute with the Baltimore Ravens LP over the NFL team's use of rock band Aerosmith's song “Walk this Way” in a video played throughout its 2006-2007 season.

  • October 5, 2009

    SEC Resolves Dick's Insider Trading Scandal

    The last of eight men accused of relying on inside information from a Dick’s Sporting Goods Inc. executive to buy shares of Galyan’s Trading Co. just before Dick’s acquired it in 2004 has agreed to a consent judgment ending a U.S. Securities and Exchange Commission case against the group, which collectively generated about $620,000 from the alleged scheme.

  • October 1, 2009

    Michael Vick Resolves Suit Alleging ERISA Violations

    NFL quarterback Michael Vick, who is back on the field after serving 18 months in prison on a dogfighting conviction, has agreed to pay at least $416,000 in restitution to a pension plan sponsored by his marketing company, MV7 LLC.

  • October 1, 2009

    Bankruptcy Judge Rejects Bid To Move NHL's Coyotes

    The bankruptcy judge overseeing the Phoenix Coyotes' Chapter 11 case has rejected an offer made by the former CEO of BlackBerry maker Research In Motion Ltd. that would have seen the hockey team move to Ontario.

  • September 30, 2009

    Ex-Champ Takes Swing At Don King Productions

    Former World Boxing Association light heavyweight champion Virgil "Quicksilver" Hill has hit Don King Productions Inc. with a suit accusing the company of failing to live up to its obligations under a 2003 agreement to schedule six boxing matches for Hill, and pay the boxer at least $50,000 per fight.

  • September 28, 2009

    Supreme Court Asked To Nix NFL Antitrust Ruling

    In an amicus brief the American Antitrust Institute and the Consumer Federation of America have urged the U.S. Supreme Court to reverse a lower court ruling that essentially blocks the NFL from antitrust scrutiny over an exclusive licensing deal for hats and other products bearing football team logos.

  • September 28, 2009

    Pittsburgh Steelers Open Door To Outside Investors

    The Pittsburgh Steelers, a previously family-owned NFL franchise, has reorganized its ownership, allowing outsiders such as Hall of Fame receiver John Stallworth to invest in the $800 million enterprise.

  • September 25, 2009

    FTC, DOJ Urge High Court To Overturn NFL Ruling

    The Federal Trade Commission has teamed up with the U.S. Department of Justice to urge the Supreme Court to reverse a lower court ruling that effectively shields the NFL from antitrust scrutiny over an exclusive licensing deal for hats and other products bearing football team logos.

  • September 25, 2009

    Proprietary Info Claim Nixed In New Balance IP Suit

    A federal judge has tossed part of a lawsuit alleging New Balance Athletic Shoe Inc. stole Hockerson-Halberstadt LLC’s patented design for a shoe insert during confidential business meetings.