Top Stories

• 

  3 Firms Steer Royal Caribbean, Sandals' $3B Resort Deal

  By Al Barbarino

  Royal Caribbean Group said Wednesday it has agreed to invest about $3 billion for a 50% stake in a joint venture...(read more)

• 

  Seyfarth Says Data Breach Exposed Social Security Numbers

  By Hailey Konnath

  Seyfarth Shaw LLP has disclosed a recent data breach that exposed the names and Social Security numbers of at le...(read more)

• 9th Circ. Rejects Squatter's-Rights Claim On Dead Baby's Name

  By Brandon Lowrey

  Walter Glenn Primrose testified at trial that he stole a dead baby's name to escape debt and threats in the 1980s and used it for three decades — even joining the U.S. Coast Guard and becoming a defense contractor — before his arrest and convictions. This week, the Ninth Circuit rejected Primrose's novel claim that his identity theft convictions can't stand because he has squatter's rights over the infant's identity.

• Vividion Investor Wants IP Suit Over $2B Bayer Deal Revived

  By Jarek Rutz

  CHP III LP urged the Delaware Supreme Court on Wednesday to revive its suit over allegedly diverted intellectual property in Vividion Therapeutics Inc.'s $2 billion sale to Bayer Corp., while the defendants argued the investor is trying to turn a corporate injury into a direct stockholder claim that did not survive the merger.

• Kalshi, NM Tribes Face Off Over Sports Bets On Tribal Land

  By Crystal Owens

  Attorneys for Kalshi and four New Mexico Indigenous nations clashed Wednesday in New Mexico federal court over whether the prediction market platform is operating unlawful Class III gambling on tribal lands in violation of the Indian Gaming Regulatory Act, with arguments centering on precedent and nonmember tribal activity.

• Senate Confirms Abbott Aide To Texas Federal Bench

  By Courtney Bublé

  The Senate voted 50-47, along party lines, on Wednesday to confirm Angela Colmenero, deputy chief of staff to Texas Gov. Greg Abbott, to serve on the Southern District of Texas.

• DOJ Pressed On Gender Care Ban In Federal HIV Program

  By Dan McKay

  A Massachusetts federal judge on Wednesday skeptically questioned the Trump administration's authority to prohibit doctors from providing gender-affirming care as part of a longstanding, federally funded HIV program.

• Weinstein Sentenced To 15 Years After NY Trials

  By Frank G. Runyeon

  A New York state judge on Wednesday sentenced Harvey Weinstein to 15 years for sexually assaulting "Project Runway" production assistant Miriam Haley, following a series of trials against the already-imprisoned former Hollywood producer.

• Steel Distributor UPG Hits Ch. 11 In Illinois Seeking Sale

  By Emily Lever

  Steel distributor UPG Enterprises has filed for Chapter 11 protection in Illinois in hopes of drumming up more interest in its sale process, the debtor said Wednesday.

• 4 Flashpoints In FDIC's Bid To Revamp Bank Merger Reviews

  By Jon Hill

  The Federal Deposit Insurance Corp.'s new plan to overhaul its bank merger review process is aimed at delivering faster, more predictable decisions on deals, but some of its key provisions could spark friction as banks and their critics weigh in over the coming weeks.

• Meta Flaunts 'Abuse' Of Atty-Client Privilege, Judge Told

  By Dorothy Atkins

  A California federal judge ordered Meta on Tuesday to rereview privilege designations on 300 documents in social media addiction litigation, after plaintiffs' lawyers cited a "culture of privilege abuse" epitomized by Instagram swag hats embroidered with "a/c priv" — the shorthand used to log withheld documents.

• 9th Circ. Wipes Out $140M Class Verdict Against CenturyLink

  By Craig Clough

  The Ninth Circuit overturned a $140 million class verdict against CenturyLink on Tuesday, holding that the company's reasonable interpretation of the Fair Credit Reporting Act shielded it from liability for willful violations when it pulled consumers' credit reports during online orders for internet service.

• Colo. Justices Mull Trial Court's Authority In Water Rights Suit

  By Rachel Konieczny

  The Colorado Supreme Court grappled Tuesday with ranchers' bid for the justices to overturn a water court's order allowing a change of water right for a right they say was not at issue, questioning counsel on the water court's authority to impose certain conditions in the neighbors' 10-year legal battle.

• OppFi SPAC Investors Get OK For $13M Post-IPO Flop Deal

  By Katryna Perera

  The Delaware Chancery Court on Tuesday approved a $13 million settlement to end litigation accusing special purpose acquisition company FG New America Acquisition Corp. and several of its executives and directors of overselling the value of merger target Opportunity Financial, whose stocks plummeted by some 80% after the take-public transaction.