Bankrupt telecommunications holding company MIG LLC on Thursday received court approval in Delaware for a private asset sale, with the debtor set to receive $72 million in cash in exchange for its assets and the equity of related debtor ITC Cellular LLC.
European telecommunications giant Altice NV priced an initial public offering for its U.S. affiliate on Wednesday, raising $1.9 billion for the company and a pair of investors including BC Partners in the second-largest U.S. IPO of the year, guided by Shearman & Sterling LLP.
A group of Democratic senators led by Sen. Al Franken, along with Independent Sen. Bernie Sanders, in a letter on Wednesday urged the U.S. Department of Justice to take a closer look at AT&T’s proposed $85 billion acquisition of Time Warner, saying the deal will reduce competition and lead to higher prices.
A U.S. International Trade Commission administrative law judge has issued an initial determination that Arista's sale of redesigned network switch products complies with the terms of a cease-and-desist order imposed after Cisco accused Arista of patent infringement last year, permitting Arista to dodge a penalty of $600 million, the company announced Wednesday.
Justice Sonia Sotomayor discusses her views on writing dissents and the change she hopes they inspire in the law, in the second of two articles based on an exclusive interview with the 111th justice.
A federal judge in Texas on Tuesday significantly trimmed a lawsuit brought by a Cumulus Media Inc. subsidiary against syndicated talk show host Michael Baisden alleging it overpaid him $1 million, and set jury selection to begin Thursday.
Two international law firms put out their U.K. annual revenue numbers this week, with CMS growing its intake by 4.1 percent, clocking in at €1.05 billion ($1.2 billion), and Taylor Wessing LLP booking a 1.8 percent boost to bring in £128.9 million ($163.5 million) in its 2016-2017 fiscal year.
The unsecured creditors of bankrupt Limitless Mobile LLC pushed back on Wednesday against the company’s request for a new $2 million debtor-in-possession loan to fund its ongoing reorganization efforts, telling a Delaware bankruptcy court it’s time to shut down the “failed” and “cash-burning” venture.
The Sixth Circuit ordered the District of Tennessee to revisit a $3.8 million damages calculation in an overtime collective action by UniTek cable installers on Wednesday but otherwise kept intact the workers’ class certification and post-trial wins in light of the U.S. Supreme Court’s Tyson ruling.
FCC Commissioner Mignon Clyburn on Wednesday told an audience at a panel discussion in Washington, D.C., hosted by New America’s Open Technology Institute and the Internet Association that net neutrality rules not only protect consumers, but promote investment and innovation as well.
CenturyLink is facing a possible $12 billion proposed class action filed by consumers in California federal court who claim the telecommunications service provider ripped off potentially millions of customers by overbilling, in some cases for services that were never agreed to.
The Federal Communications Commission has appointed a former Wilkinson Barker Knauer partner to serve as chief of its enforcement bureau where she will focus on the Communications Act, FCC rules and various licensing terms and conditions, the FCC said Wednesday.
Squire Patton Boggs LLP has bolstered its intellectual property and technology practice with the addition of a partner who previously managed Eversheds Sutherland’s technology team in the Leeds, England, office and the automotive team internationally.
Verizon has accused a Massachusetts town's zoning board of wrongfully denying its application to build a cell tower, arguing in federal court that the decision would effectively deprive locals of wireless service in violation of the Telecommunications Act.
Federal Communications Commission Chairman Ajit Pai told lawmakers at a Senate hearing Tuesday that the FCC’s budget request for fiscal year 2018 makes cuts while still allowing the agency to achieve goals including closing the digital divide, promoting innovation and protecting consumers.
T-Mobile wants a Washington federal judge to erase a $4.8 million trial win against Huawei over alleged theft of trade secrets behind a phone-testing robot called Tappy, gambling that it will win even more if the case is tried again with modified jury instructions.
The Federal Communications Commission has picked Tom Sullivan to be chief of the FCC’s International Bureau, where he had been acting chief, Chairman Ajit Pai announced Tuesday.
A New York federal judge on Tuesday called out the Consumer Financial Protection Bureau for its seeming "indifference" over how to distribute leftover funds from its $50 million settlement with Sprint Corp.
A group representing Pennsylvania health centers has warned the Federal Communications Commission that they are facing funding cuts under the agency’s Rural Health Care Program, urging “immediate action” to make sure there is enough money and to fix problems with the program.
Sprint told a Kansas federal judge Tuesday that a phone reseller doesn’t deserve attorneys’ fees for defending trademark claims that were ultimately dropped from litigation accusing the company of unlocking and selling the mobile phone giant’s devices without permission, adding that the request comes too late and it isn’t an exceptional case.
In the near future, actions taken by Congress and the Federal Communications Commission are likely to pave the way for greater media consolidation without violating the commission's media ownership rules. As a result, the media landscape is likely to look different in a few years from now, say Rebekah Goodheart and Samuel Jacobson of Jenner & Block LLP.
One frequently hears from leading malpractice insurers that one of the highest risk categories for law firms is that of lateral partners not sufficiently vetted during the recruitment process, says Howard Flack, a partner at Volta Talent Strategies Inc. who previously led lateral partner recruiting and integration at Hogan Lovells.
Much has been said about the stakes at play in the pending appeal involving the Telephone Consumer Protection Act in the D.C. Circuit. While many await the decision in ACA v. Federal Communications Commission, two recent Dish Network cases in North Carolina and Illinois continue to provide devastating critiques of compliance failures, say attorneys with Troutman Sanders LLP.
This is the second in a series of articles discussing ideas proposed by the NYU School of Law Civil Jury Project to resuscitate the American jury trial. In this article, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman argue for setting early and strict time limits in civil jury trials.
In its most recent petition advocating mandatory disclosure of litigation finance, the U.S. Chamber of Commerce simply rehashes the same arguments from its previous failed efforts to convince the Committee on Rules of Practice and Procedure of the dire implications of undisclosed funding relationships, say members of IMF Bentham Ltd.
Several recent developments in significant government investigations highlight the aggressive tactics prosecutors are deploying and the risks faced by corporate executives. However, there have been relatively few charges brought against corporate executives in major government investigations this spring, say attorneys with Miller & Chevalier Chtd.
Last month, the Federal Communications Commission set a course to revise and replace the 2015 Open Internet Order. While polarized sides of the political spectrum and different industry players battle over how the regulatory landscape will settle, all concerned will be in danger of paying the price of uncertainty in the near term, says professor Evan Franke of George Washington University.
If we truly believe in providing litigants with a jury of one’s peers, we must adopt strategies to ensure that parties and their representatives have a say in selecting their jury. When only judges participate, the result is a less representative and less fair cross section of the community, say Stephen Susman, Richard Jolly and Roy Futterman of NYU School of Law's Civil Jury Project.
Lawyers faced with clients who can’t or won’t listen to their advice must consider that the core of this risky decision may be a person's inability or refusal to relinquish a prime identity in times of uncertainty, say dispute resolution experts Robert Creo and Selina Shultz.
In the second installment of this two-part series on disruptive innovation among mid-size law firms, Jill Dessalines, founder of Strategic Advice for Successful Lawyers and former senior vice president at McKesson Corp., explores a number of ideas for keeping clients and maintaining market position.