Sports & Betting

  • March 04, 2024

    $22M Deal Proposed In Golden Nugget-DraftKings Merger Suit

    Golden Nugget Online Gaming Inc. and public stockholders who challenged the venture's $1.56 billion all-stock sale to DraftKings Inc. in Delaware's Court of Chancery have agreed to settle the case for $22 million, with up to 23% reserved for class attorneys.

  • March 04, 2024

    Catching Up With Delaware's Chancery Court

    A Swedish music producer's takeover, a proposed award payable in Tesla shares, Truth Social stock squabbles, and an unusually blunt slap-down from the bench added up to an especially colorful week in Delaware's famous court of equity. On top of that came new cases about alleged power struggles, board entrenchment, consumer schemes and merger disputes.

  • March 04, 2024

    Vista Outdoor Rejects $2B Takeover Bid From MNC Capital

    Vista Outdoor Inc. has rejected a $2 billion takeover bid from MNC Capital Partners LP, saying the proposal does not take into account increased earnings the company will see when it separates its outdoor and sporting goods divisions.

  • March 01, 2024

    MNC Capital Enters Vista Outdoor Takeover Fray With $2B Bid

    MNC Capital Partners LP has submitted a proposal to acquire Vista Outdoor Inc. for $2 billion, despite Vista entering a merger agreement last year to be acquired by a different company, according to Friday statements.

  • March 01, 2024

    Dartmouth Urges NLRB To Pause College Hoops Vote

    Dartmouth College urged the National Labor Relations Board to hold off on a scheduled union vote among its men's basketball players, saying an agency official grossly misapplied federal law and ignored precedent in allowing the election to proceed.

  • March 01, 2024

    Off The Bench: NCAA Loses On NIL, DC Wins With Stadium

    In this week's Off The Bench, a judge unlocked the door to name, image and likeness money for college athletes, Shaquille O'Neal's Hollywood debut still rings true three decades later, and D.C. clears an early legislative hurdle in its bid to bring back its namesake NFL team. If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.

  • March 01, 2024

    Commission Eyes Sweeping Changes To US Olympic Model

    An independent commission called for an overhaul of the U.S. Olympic system Friday, rebuking leaders for failing to keep athletes safe from sexual abuse and calling on Congress to take a more active role in administrating youth sports.

  • March 01, 2024

    MLS Unlawfully Used Company's San Diego Mural, Suit Says

    A company that creates murals resembling postcards has accused Major League Soccer of illegally reproducing and distributing one of its images to promote the organization's newest club in San Diego for financial gain.

  • March 01, 2024

    Atty Censured Over Conduct In NFL Concussion MDL

    A Pennsylvania federal judge has rejected objections from a law firm and its principal and affirmed a special masters' determination that the attorney be censured for engaging in "questionable behavior" while trying to secure monetary awards for clients from the NFL players' concussion injury litigation settlement.

  • March 01, 2024

    Golf Club Settles Claims Trump Atty Illegally Pushed NDA

    A Trump Organization golf club has settled a former server's claims that she was illegally induced to sign a nondisclosure agreement by one of Donald Trump's lawyers, Alina Habba, reopening the door for the ex-employee to pursue claims that she was sexually harassed on the job.

  • March 01, 2024

    Hogan Lovells, Choate Guide Pro Pickleball Merger To Close

    Hogan Lovells and Choate Hall & Stewart LLP are the law firms that represented MLP by Margaritaville and Carvana PPA Tour, respectively, in their newly closed, $75 million-backed pro pickleball merger, Law360 learned Friday.

  • March 01, 2024

    Taxation With Representation: Pillsbury, Cleary Gottlieb

    In this week's Taxation with Representation, First Advantage Corp. acquires Sterling Check Corp., International Game Technology spins off two subsidiaries, Disney merges its media operations in India with Reliance Industries, and Atlas Energy Solutions purchases Hi-Crush.

  • March 01, 2024

    Mike Ashley Widens Claims In £10M Loan Fight With Financier

    Former Newcastle United owner Mike Ashley has added fresh allegations to his legal claim against financier Amanda Staveley over a £10 million ($12.6 million) loan, claiming she breached the deal by using proceeds earmarked to help fund the takeover of the club to pay a consultant.

  • February 29, 2024

    NJ Gaming Enforcer Cashes Out, Retiring After 13 Years

    After guiding New Jersey's gambling industry through 13 years of change, including the start of legal internet casino gambling and sports wagering, David L. Rebuck is retiring as director of the state's Division of Gaming Enforcement, or DGE, Attorney General Matthew J. Platkin announced Thursday.

  • February 29, 2024

    Fed. Circ. Won't Revive Flood Suit Over Cherokee Casino

    A Federal Circuit Court of Appeals panel on Thursday denied an Oklahoma landowner's bid to overturn a lower court's ruling that the federal government isn't liable for flooding damage to her property due to activity at a nearby Cherokee Nation casino, saying that the claim requires proof that the matter is a "direct, natural or probable result" of its actions.

  • February 29, 2024

    Newsom, Tribe Must Negotiate Gambling Pact Under IGRA

    A federal district court judge ruled in favor of a California tribe in its challenge to Gov. Gavin Newsom for failing to negotiate its gambling compact in good faith, saying a Ninth Circuit determination that off-list topics cannot be included in tribal agreements heavily swayed the decision.

  • February 29, 2024

    Iowa State Athletes Cry Foul On State's Betting Dragnet

    Current and former Iowa State University athletes are looking to unwind the charges against them in the state's sports betting dragnet, asserting that investigators compiled evidence against them through illegal search and seizure.

  • February 29, 2024

    Calif. Illegal Betting Suit Against Fliff Gaming App Dropped

    A California man has ditched his proposed class action accusing the Fliff gaming app of illegal sports betting, more than a month after the court compelled the two sides into arbitration.

  • February 29, 2024

    NC Judge Trims Family Paving Co.'s Dueling Self-Dealing Jabs

    The North Carolina Business Court has pruned a family quarrel over the alleged mismanagement of their construction company, narrowing one side's claims that a longtime officer siphoned company funds for his own gain while simultaneously slashing certain counterclaims accusing a faction of the family of plotting a takeover.

  • February 29, 2024

    IGT Units Merging With Everi To Create $6.2B Gaming Co.

    International Game Technology said Thursday it has agreed to spin off its Global Gaming and PlayDigital businesses and merge them with gaming machine maker Everi Holdings, a deal that will create a global gaming and fintech valued at $6.2 billion, including debt.

  • February 28, 2024

    SafeSport Cites 'Absolute Immunity' In Young Swimmer's Suit

    The U.S. Center for SafeSport on Wednesday asked a Washington federal court to dismiss a suit claiming the sexual abuse watchdog botched an investigation into purportedly false allegations of sexual misconduct, arguing that it has "absolute immunity" from suits challenging its eligibility decisions regarding young athletes.

  • February 28, 2024

    Seminole Sports Gaming Compact Worth $4.4B, Report Says

    An economic research agency in Florida estimated in a recent report that a gaming compact between the state and the Seminole Tribe of Florida that is currently pending certiorari review by the U.S. Supreme Court will garner $4.4 billion in new revenues for the state over the next six years.

  • February 28, 2024

    Win For DC's NFL Stadium Bid As House Approves Bill

    A bill that would clear a path for the Washington, D.C., city government to build a new stadium for the NFL's Commanders on the site of the team's former stadium was passed by the full House on Wednesday and sent to the Senate, possibly paving the way for the team to return to the city.

  • February 28, 2024

    TKO Reveals Ongoing Impact Of McMahon Issues In Filing

    WWE is not immune to the personal legal battles and controversies of disgraced founder Vince McMahon, who was recently accused of trafficking a former employee, according to a recent regulatory filing by parent company TKO.

  • February 28, 2024

    Puma Can't Claw Back Baking Co.'s Jumping Feline TM

    Puma failed to stop a French baking company from registering a trademark of a bounding feline with the words "Bertrand Puma," after a European court ruled that baking tools were leaps away from the athletic company's products.

Expert Analysis

  • 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.

  • Meta VR Deal Shows 'Potential Competition' Theory Viability

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    A California federal court's recent denial of the Federal Trade Commission's motion to block Meta's purchase of virtual reality app developer Within is significant because it accepted that the actual and perceived potential competition theories are viable, and suggests companies exploring certain acquisitions should evaluate whether they may apply, say attorneys at Paul Weiss.

  • Atty Conflict Discussions In Idaho Murder Case And Beyond

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    A public defender's representation of the accused University of Idaho murderer after prior representation of a victim's parent doesn't constitute a violation of conflict of interest rules, but the case prompts ethical questions about navigating client conflicts in small-town criminal defense and big-city corporate law alike, say Hilary Gerzhoy and Charles Loeser at HWG.

  • Why The Original 'Rocket Docket' Will Likely Resume Its Pace

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    Though the Eastern District of Virginia, for decades the fastest federal trial court in the country, experienced significant pandemic-related slowdowns, several factors unique to the district suggest that it will soon return to its speedy pace, say Dabney Carr and Robert Angle at Troutman Pepper.

  • False Ad Takeaways From Toss Of Suit Against Giants, Jets

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    The recent dismissal of a proposed false advertising class action against the NFL, the New York Giants and Jets, and MetLife Stadium shows how federal courts often bring a fair degree of skepticism to these types of suits, and that advertising claims shouldn't be judged in isolation, says Jeffrey Greenbaum at Frankfurt Kurnit.

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