Corporate

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4 Key Legal Issues And Challenges For Businesses In 2022

24th May 2022
Legal issues can arise in every business for many reasons. It could be because of a misunderstanding within the company or a dispute among partners and clients. A business can also face legal troubles when it fails to comply with state laws and other government-mandated regulations.  Being caught up in a legal matter can be […]
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SpaceX Allegedly Bailed CEO Elon Musk Out Of Sexual Harassment Claim

20th May 2022
According to a report by Insider, SpaceX allegedly paid $250,000 in 2018 to resolve claims that CEO Elon Musk sexually propositioned a flight attendant abroad one of the company’s corporate jets.  According to Insider, the flight attendant told her friend that the SpaceX CEO had propositioned her in 2016 in his private cabin during a […]
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Apple Denied Third Trial In $300 Million Wireless Patent Case

19th May 2022
Apple Inc has been denied a third trial by an East Texas court after the tech giant was hit with a $300 million verdict for violating Optis Wireless Technology LLC’s wireless-standard patent rights.  Last year, Apple told the court that it was entitled to a new damages trial or a ruling erasing Optis’ damages completely. […]
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PNC Ordered To Pay USAA $218 Million In Patent Infringement Case

17th May 2022
On Friday, a federal jury in Texas awarded financial services company United Services Automobile Association (USAA) around $218 million from PNC Bank NA, ruling that PNC’s mobile-banking technology violated USAA’s patent rights.  USAA filed a lawsuit against PNC in 2020, in which it said it developed its “Deposite@Home” technology to enable overseas military persons to […]
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Vogue Says It Was Wrong To Threaten Legal Action Against UK Pub

16th May 2022
The pub’s landlord, Mark Graham, received a letter from Condé Nast demanding that he change The Star Inn at Vogue’s name or face legal action. The media company said they were "concerned that the name which you are using is going to cause problems because as far as the general public is concerned a connection […]
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Nike Steps Up NFT Lawsuit Against StockX With Counterfeit Claim

12th May 2022
Nike Inc has told a Manhattan federal court that e-commerce site StockX has been offering counterfeits of its footwear. The claim adds to an already existing lawsuit against StockX which claims the site has been violating Nike’s trademarks by selling digital images of its footwear in the form of non-fungible tokens (NFTs).  On Tuesday, Nike […]
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Cooley Tapped To Represent Grindr In $2.1 Billion SPAC Deal

11th May 2022
Dating app Grindr has tapped global law firm Cooley as its legal counsel as it goes public via a $2.1 billion acquisition by a blank-cheque company based in Singapore. SPACS raise funds through initial public offerings (IPOs) to take private companies public.  According to a statement by Cooley, the team representing Grindr is led by […]
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