Top Stories

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  DOJ Deepens Probe Into Fox's $22B Roku Deal

  By Bryan Koenig

  Fox Corp. and Roku disclosed Wednesday that the U.S. Department of Justice has launched an in-depth probe into F...(read more)

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  Troutman, Wachtell Guide $8.1B IRT-Centerspace REIT Merger

  By Al Barbarino

  Independence Realty Trust Inc. and Centerspace said Wednesday they have agreed to merge in an all-stock deal tha...(read more)

• Fla. Fiber Infrastructure Co. Files Ch. 7 With $100M+ Debt

  By Emily Lever

  Florida-based telecom infrastructure developer Full Circle Fiber has filed for Chapter 7 liquidation in Delaware bankruptcy court with under $10 million in assets and between $100 million and $500 million in liabilities.

• Solar Farms Owner Hits Ch. 11 With More Than $100M Debt

  By Clara Geoghegan

  PGR Lessee I and 18 affiliates that operate solar farm projects in Rhode Island, North Carolina and South Carolina filed for bankruptcy protection in Texas, estimating up to $500 million in liabilities.

• High Court Bars Mo. From Using GOP Map In Midterms

  By Katie Buehler

  Missouri cannot use a newly drawn congressional map that favors Republicans in the midterms, the U.S. Supreme Court ruled Thursday as it stayed a federal judge's order that had required state election officials to use the challenged map despite the Missouri Supreme Court deeming it invalid without voter approval. 

• Nektar CEO Opens Door To Finance Questions In Eli Lilly Trial

  By Bonnie Eslinger

  Nektar Therapeutics failed Wednesday to block evidence of its financial condition from entering into a California federal trial over a failed deal to codevelop its drug Rezpeg with Eli Lilly, after its CEO's testimony on cross-examination prompted the judge to allow the evidence for impeachment purposes.

• Sugar Buyers Want Paul Weiss DQ'd From Price-Fixing MDL

  By Dorothy Atkins

  Hershey, J.M. Smucker and other food makers urged a Minnesota federal judge Tuesday to disqualify Paul Weiss Rifkind Wharton & Garrison LLP from representing Domino Foods in sugar price-fixing multidistrict litigation, arguing the firm is conflicted out because it saw their confidential sugar-purchasing data when it was being considered as plaintiffs' counsel.

• NM Again Hauls Meta To Trial, This Time Over Privacy

  By Cara Salvatore

  The state of New Mexico told a jury Wednesday that Facebook flagrantly misrepresented its privacy practices, including the one that let Cambridge Analytica harvest the data of 87 million mostly nonconsenting users, as the state goes to trial against the company for the third time in seven months.

• Meta's 'Fanciful' AI Training Disclosures Leave Judge Doubtful

  By Dorothy Atkins

  A California federal judge appeared skeptical Wednesday that Meta Platforms Inc. had identified all magazines used to train its artificial intelligence tool after copyright plaintiffs pointed out Meta disclosed only nine issues spanning a 17-year period, telling Meta's counsel during a hearing that the likelihood Meta used only nine issues "seems rather fanciful to me."

• Fed. Circ. Eyes PTAB Cases That May Sink $445M Netlist Win

  By Ryan Davis

  A $445 million verdict against Micron Technology Inc. for infringing two Netlist Inc. computer memory patents hung in the balance Wednesday, as a Federal Circuit panel questioned Netlist's arguments that the Patent Trial and Appeal Board wrongly found claims in both patents invalid.

• Ex-Nikola CEO's Pardon Doesn't Let Him Beat Investor Suit

  By Katryna Perera

  The presidential pardon Nikola founder Trevor Milton received for his criminal conviction on securities fraud charges does not bar him from facing similar civil claims alleging he and the electric-vehicle startup exaggerated the viability of the company's prospects, an Arizona federal judge ruled.

• Mo. Voters Ask High Court To Sort Out 'Irreconcilable' Rulings

  By Katie Buehler

  Voters opposed to Missouri's newly drawn congressional map that favors Republicans in the midterms asked the U.S. Supreme Court on Wednesday to lift a federal judge's order requiring state election officials to use the challenged map, which the Missouri Supreme Court deemed invalid without voter approval.

• Widow Sues Amazon Over Miami Cargo Plane Runway Crash

  By Linda Chiem

  The widow of a man killed when an Amazon cargo plane overran a runway at Miami International Airport and plowed into vehicles accused the company and its cargo airline partners of knowingly operating a plane that was "unfit for service," according to a state court lawsuit filed Wednesday.

• Judge Denies Validity Redo After $38M Verdict Partly Revived

  By Dani Kass

  Bottler Shibuya Hoppmann and dairy company HP Hood are not entitled to a new trial on the validity of Steuben Foods' bottle sterilization patents after the Federal Circuit partly revived a $38 million infringement verdict against them, a Delaware federal judge said Wednesday.