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If you believe the most ardent defenders of newly indicted former president Donald Trump, there’s a silver bullet hiding in Bill Clinton’s sock drawer. → Read More
A new ruling in a case brought by investors in a now-worthless crypto token is a warning to celebrities and social media influencers like reality star Kim Kardashian: If you’re paid to hype a dicey investment to your followers, you may be liable when they take your advice. → Read More
Critics of the multibillion-dollar litigation finance industry could hardly have dreamed up a more vivid illustration of its purported perils than a lawsuit filed on Wednesday by the gigantic restaurant food distributor Sysco Corp against subsidiaries of Burford Capital Limited, the biggest litigation funder in the world. → Read More
In more than a decade of litigation to entrench corporations’ power to impose arbitration on consumers and employees, the U.S. Chamber of Commerce has steadfastly championed arbitration as a fair and efficient alternative to class actions. → Read More
It started out as just a viciously ugly fight over a giant contingency fee. But a new order from the California Supreme Court has transformed a dispute between Dentons and onetime partner Jinshu “John” Zhang into a landmark test of a state law mandating California jurisdiction for employment disputes involving California employees. → Read More
To Facebook parent Meta Platforms Inc and its lawyers at Gibson, Dunn & Crutcher, $925,000 isn't a whole lot of money. → Read More
In the midst of a market rout last week that stripped Indian conglomerate Adani Group of $65 billion in market capitalization, Adani announced that it was contemplating “remedial and punitive action” against Hindenburg Research, the short seller whose scathing Jan. 24 report sparked the sell-off. → Read More
Elon Musk is not a popular man in the San Francisco Bay Area. → Read More
Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried persuaded a Manhattan federal judge on Tuesday to block the public disclosure of the identity of two people who have agreed, along with his parents, to sign bonds securing Bankman-Fried's release on $250 million in bail. → Read More
You know who is not at all worried about a recession in 2023? → Read More
The U.S. Chamber of Commerce and the American Tort Reform Association told the 7th U.S. Circuit Court of Appeals on Monday that bankruptcy is often the only way for an otherwise healthy company to resolve “catastrophic” mass torts exposure because Chapter 11 promotes fast, fair and global claims resolution. → Read More
A fight over the proper jurisdiction for a politically charged case involving a “personal gunsmithing” advocacy group’s right to publish instructions for making so-called ghost guns left the 5th U.S. Circuit Court of Appeals sputtering on Thursday. → Read More
The law firm led by famed litigator David Boies appears to have engaged in some unusual litigation tactics on behalf of FTX crypto exchange users who accuse NFL quarterback Tom Brady, supermodel Gisele Bundchen, comedian Larry David and other celebrities of inducing them to open FTX accounts. → Read More
The 5th U.S. Circuit Court of Appeals ruled on Thursday that a federal trial judge in Louisiana made an “unfortunate mistake” when she failed to recuse herself in a 2015 civil rights case against Walmart Inc. The judge owned Walmart shares, the appeals court said, so there’s no doubt that she was required to step aside under the rules for judicial recusal. → Read More
FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as U.S. authorities probe the crypto exchange's collapse, according to a spokesperson for Bankman-Fried and a source familiar with Ellison's selection. → Read More
As the owner of a private social media company, Elon Musk is entitled to reveal whatever he wants about Twitter Inc’s editorial decisions. If he wants to throw open Twitter’s files, as he apparently did to journalist Matt Taibbi last week, to reveal the company’s internal deliberations over tweets related the New York Post’s 2020 report on Hunter Biden’s laptop, that’s Musk's prerogative. → Read More
Something weird is happening in a class action accusing Godiva Chocolatier Inc of falsely marketing its chocolate as being made exclusively in Belgium. → Read More
Robbins Geller Rudman & Dowd is never shy about expressing confidence in its ability to obtain the best possible results for shareholders in big class actions, even occasionally at the expense of rival plaintiffs' firms. That’s the nature of securities class action work, after all, since firms have to fight for lead counsel assignments. The system has trained shareholder firms to attack each… → Read More
Meta Platforms Inc has almost no chance of barring the chair of the U.S. Federal Trade Commission, Lina Khan, from participation in the to Meta's planned acquisition of virtual reality content developer Within Unlimited Inc. → Read More
It’s not just about the skirts. → Read More