Your source for the latest developments in the legal world. Our Legal News section provides timely updates on significant legal cases, regulatory changes, judicial decisions, and other key events that shape the legal landscape globally.
The Microsoft-Activision deal is not only Microsoft’s largest-ever deal but also the largest-ever transaction in the video gaming sector, further boosting the tech giant in its competition against gaming sphere leaders Sony and Tencent. According to the firm, the Simpson Thacher attorneys advising Microsoft include M&A partners Alan Klein, Anthony Vernace, and William Allen. The […]
On Tuesday, Tesla shareholders urged a judge to find that CEO Elon Musk coerced the company’s board into a 2016 deal with SolarCity. They have asked that Musk be ordered to pay the EV company $13 billion.
On Tuesday, drugmaker Endo International said it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that it had contributed to the US opioid epidemic. The deal comes as one of many in recent months as the drugmaker works to resolve several similar cases. In […]
Biden voiced his disappointment with the conservative-majority court’s Thursday decision to halt the rule requiring vaccines or weekly coronavirus tests for staff at businesses with 100 or more employees. The President said it is now up to states and employers to decide whether or not to make vaccination mandatory. The Supreme Court ruled 6-3 in […]
The class action against the social media giant’s parent firm, Meta, was launched by competition law expert Liza Lovdahl Gormsen at the Competition Appeal Tribunal in London. Lovdahl Gormsen claims that Facebook used its dominant position to force users to agree to its “unfair” terms and conditions. The lawsuit, which is the first of its […]
Australia has cancelled Novak Djokovic’s visa for the second time, stating that the world tennis number one, who has not been vaccinated against coronavirus, may pose a health risk to the country. The cancellation effectively ends the tennis star’s bid for a record 21st Grand Slam title at the Australian Open, set to commence January […]
Holmes was convicted on January 3 on three counts of fraud and one count of conspiring to defraud private investors in the blood-testing company. She currently remains free on a $500,000 bond secured by properties. According to court filings, Holmes plans to ask the judge overseeing her case to overturn her convictions. If the judge […]
On Tuesday, prominent US civil rights attorney Ben Crump, who represented the family of George Floyd, said he will represent the family of Jason Walker, a Black man who was shot dead by an off-duty North Carolina policeman over the weekend. The North Carolina State Bureau of Investigation (NCSBI) has said it is investigating the […]
In the motion filed on Friday, Robinhood argued that the temporary limits it imposed on trading during a social media-fueled rally in January 2021 were not deceptive as they were publicly announced by the company. The company also said that investors do not have a plausible claim that it stood to profit from lower share […]
The Supreme Court’s ruling comes in one of many disputes across the US involving pharmacies, pharmaceutical companies and drug distributors suing insurers to recover funds lost defending against and settling thousands of opioid lawsuits. In 2020, a lower-court judge ruled that various Chubb subsidiaries would have to defend Rite Aid against lawsuits by two counties […]
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