A consortium of Nortel Networks Inc.’s suppliers and other creditors has agreed to a $153.6 million trade creditor claim in partial settlement of the group’s objections to the international telecom’s overall $7.3 billion Chapter 11 plan.
Qualcomm Inc. investors whose derivative claims accusing the board of faulty controls that led to $2 billion worth of international regulatory actions and antitrust lawsuits were dismissed by the Delaware Chancery Court told the state high court Monday that the decision would allow directors to ignore “systemic illegality.”
Sprint and rapper Jay Z’s Tidal have entered into a partnership that will see the telecom giant acquire a 33 percent stake in the music streaming service and give Sprint’s 45 million retail customers access to its content, the companies said Monday.
Telecommunications provider Avaya Holdings Inc. on Monday pulled long-dormant plans for an estimated $1 billion initial public offering, just days after the private-equity-backed company filed for Chapter 11 bankruptcy protection.
Apple Inc. has become the latest technology giant to reach a settlement ending e-Watch Inc.’s claims that the company is infringing two patents related to cellphone camera technology, according to a document filed in Texas federal court on Friday.
The Seventh Circuit on Friday affirmed the dismissal of a Time Warner Cable Inc. subscriber’s proposed class action against the company for storing former customers’ personal information, saying the man had neither alleged nor offered any evidence of concrete harm, citing Spokeo.
Departing Federal Communications Commission Chairman Tom Wheeler cast a final spotlight on the “competition, competition, competition” mantra that has been his theme in departing office Friday, stepping down from the agency to make way for Ajit Pai to be elevated to chairman.
Chinese e-commerce giant Alibaba has become a worldwide Olympics sponsor through 2028 carrying it through the next three games, all of which are to be hosted in Asia, the company and the International Olympic Committee announced Thursday.
Apple accused Qualcomm on Friday in California federal court of illegal business practices, overcharging Apple “billions of dollars” in royalties, withholding nearly $1 billion in rebates and trying to extort Apple after it cooperated in a Korean regulator’s investigation into the chipmaker’s licensing practices.
Apple urged a California federal court Thursday to invalidate two of Core Wireless' mobile communications patents or allow a new trial, after getting hit with a $7.3 million verdict for infringing Core Wireless technology that purportedly lets Apple products work "wherever and whenever."
NCTA-The Internet & Television Association has lobbied aides to Federal Communications Commission Republicans Ajit Pai and Michael O’Rielly in support of tossing a cable operator public file requirement, saying the move would support the transition to online files.
Extending broadband internet access to all Americans would require roughly $80 billion, with roughly half the cost going toward reaching just 2 percent of U.S. consumers, according to a white paper from the Federal Communications Commission’s Office of Strategic Planning and Policy Analysis.
Republican Commissioner Ajit Pai of the Federal Communications Commission has been named its new permanent chairman in a selection made official Monday, elevating an Open Internet Order critic and launching a new era in telecom policymaking.
Nortel Networks Inc. received a bevy of support in Delaware bankruptcy court Thursday in pushing for the confirmation of a long-awaited Chapter 11 plan the company says has few objectors and is the “best and only” way to resolve its bankruptcy.
A Time Warner shareholder lobbed a proposed class action against the company over a proxy statement it issued ahead of AT&T’s planned $85.4 billion takeover on Thursday, telling a New York federal court that the statement doesn’t have enough information for shareholders to make an informed vote on the deal.
Dentons US LLP sent a letter of apology Thursday to CNN for requesting a story retraction on behalf of the Trump administration’s proposed health secretary, noting that the law firm also represents the media network.
Massachusetts law firm Graves Law Office PC can't escape a suit brought by investors in telecommunications company ELM One, an Illinois federal judge ruled Thursday, in a case alleging the firm was negligent in representing the plaintiffs, as the lead attorney was also the director of ELM One and thus had a conflict of interest.
A new look at the potential U.S. Supreme Court nominees’ rulings reveals a ranking of judicial influence with some surprises at the top — and at the bottom.
Jones Day’s Donald McGahn is stepping into the role of White House counsel, a powerful but little-understood position that has a strong history of impacting the president’s authority.
The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.
In 2016, the development of China’s Anti-Monopoly Law was fruitful in all respects, including guideline drafting, public enforcement and litigation. We have nine predictions for 2017, say Huang Wei and Rebecca Yin of Tian Yuan Law Firm.
Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.
Litigation involving the Telephone Consumer Protection Act has become one of the leading types of consumer lawsuits in the U.S. However, the election of Donald Trump as president may prove to be a watershed moment for the TCPA, with the Federal Communications Commission's leadership switching to a majority of Republican appointees including a sharp critic of the FCC’s past handling of the TCPA, say attorneys at Troutman Sanders LLP.
Everyone is predicting major changes in the U.S. Department of Justice's Foreign Corrupt Practices Act enforcement. I do not share this view. Frankly, FCPA enforcement is more bipartisan than other controversial enforcement programs, and the DOJ’s FCPA program is very profitable, says Michael Volkov, CEO of The Volkov Law Group LLC and a former federal prosecutor.
The April 2016 leak of "Panama Papers" documents from law firm Mossack Fonseca removed any doubt that the threat of cyberattacks against the legal industry is more than hypothetical. While the case law on law firm data breach litigation has largely yet to be written, there are certain fundamental tenets worth reviewing, say Scott Vernick and Peter Buckley of Fox Rothschild LLP.
Courts handed down a number of important insurance coverage decisions in 2016, involving issues like the concurrent cause doctrine and the subcontractor exception, says Sandra Smith Thayer of Liner LLP.
The incremental value of patented technology has been addressed in judicial opinions concerning utility patent infringement damages. The U.S. Supreme Court's recent decision in Samsung v. Apple could be a signal that design patent damages might soon require a similar test to claim damages on an entire device, says Marianne Ley Hayek of Nathan Associates Inc.
Since 2008, the legal relationship dynamic has consistently evolved, leading clients to demand more "value" for services received. In 2017, investment in and adoption of new technology and prioritizing cybersecurity will lead to an increase in billable hours and shifts in realization rates, says Haley Altman of Doxly.
It is now nearly certain that the Federal Communications Commission will be led by a Republican majority in 2017. The Republican-controlled FCC will likely focus on deregulation, though areas such as spectrum policy are unlikely to see major changes, says Wesley Wright of Keller and Heckman LLP.
With commercial litigation funding gaining acceptance throughout the U.S., law firms and corporations are investigating how they can benefit from the capital that funders provide, and which criteria they should use in selecting a funder. Ralph Sutton, chief investment officer of Bentham IMF, discusses several major trends to watch in 2017.