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Sports & Betting
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July 11, 2024
Pa. Man Admits To Dick's Sporting Goods Insider Trading
A Pennsylvania man who netted nearly $825,000 in profits from Dick's Sporting Goods securities has pled guilty to insider trading using tips he obtained from a company employee, according to a Thursday announcement from the U.S. Department of Justice.
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July 11, 2024
NASL Said Soccer Orgs. Have No Legal Basis For Ruling Redo
The North American Soccer League told a New York federal court that it should not revisit its decision to keep alive an antitrust lawsuit against MLS and the sport's U.S. governing body because not liking the outcome is not a valid reason for a review.
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July 11, 2024
Ex-Northwestern Coach Accuses University Of Defamation
The former offensive coordinator of Northwestern University's football team has sued the university, its president and its athletic director, claiming they portrayed him and the rest of the football staff in a false light when they fired head coach Pat Fitzgerald amid a hazing scandal and defamed him after he wore a T-shirt supporting the coach to practice.
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July 11, 2024
SPAC Plans To Merge With Online Game Maker In $500M Deal
Special-purpose acquisition company Relativity Acquisition Corp. on Thursday revealed that it is in talks with online casino game maker Mazaii Corp. Ltd. to acquire the company and take it public in a deal that values the casino game maker at an initial enterprise value of $500 million.
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July 11, 2024
Clemson Can't Toss ACC's Media Rights Suit From NC Court
Clemson University has come up short in its attempt to end the Atlantic Coast Conference's suit over media rights and conference exit fees after a North Carolina state judge ruled that as an ACC member, the university had given conference leaders the right to sue in the state.
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July 11, 2024
Bally Sports Parent Axes TV Deal With NHL's Dallas Stars
A Texas bankruptcy judge on Thursday approved a request by Bally Sports parent company Diamond Sports Group to reject a broadcast agreement with the NHL's Dallas Stars, the latest professional team to part ways with DSG.
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July 10, 2024
NFL Asks Court Not To Act On Sunday Ticket Judgment
The NFL urged a California federal judge Tuesday to hold off on any entry of judgment enshrining a jury's blockbuster $4.7 billion antitrust verdict against the league over the DirecTV Sunday Ticket package, arguing there are outstanding issues to be decided that make partial judgment now impractical.
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July 10, 2024
Southern Ute Say Colo. Can't Regulate Tribe's Online Games
The Southern Ute Indian Tribe is suing Colorado Gov. Jared Polis in federal court for allegedly violating a state-tribal gaming pact by overstepping his right to regulate online gambling, arguing that the tribe's Division of Gaming is the Sky Ute Casino Resort's regulator.
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July 10, 2024
FIFA Strikes Back In Puerto Rico Media Access Fight
Two international soccer organizations are pushing back against efforts by a local media company to obtain an injunction that prohibits banning its reporters from covering matches of Puerto Rico's national team, arguing they have nothing to do with such decisions.
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July 10, 2024
MGM's Suit Against Mich. Tax For Ill. Riverboat Sale Tossed
A Michigan subsidiary of MGM failed a requirement to request an alternative apportionment method before going to court in its challenge of a corporate income tax assessed on gains from its sale of an interest in a riverboat casino, the state Court of Claims ruled.
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July 10, 2024
Skydance, Paramount Unlikely To Hit Regulatory Roadblocks
After Skydance Media and Paramount Global finally inked a deal to merge, the parties will move through a 45-day go-shop period and a review from U.S. regulators, but experts told Law360 the deal is unlikely to hit any antitrust obstacles.
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July 10, 2024
Fantasy Sports Co. Can't Duck Claims It Ripped Off IP
A Georgia federal judge on Tuesday declined to dismiss a patent infringement suit between two fantasy sports tech companies, siding with a special master's finding that the technologies in question are likely concrete enough to warrant intellectual property protection.
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July 10, 2024
Nike Wins Another Look At TM Atty Fees Ruling At 3rd Circ.
The Third Circuit on Wednesday undid a $5 million attorney fee award to a Pennsylvania clothing manufacturer that sued Nike Inc. for trademark infringement, ordering a federal trial court to look more closely at the specifics of the case to determine if the outcome was truly "exceptional."
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July 10, 2024
MSG Sports Raises GC To Permanent Chief Operating Officer
Madison Square Garden Sports Corp., which owns the NBA's New York Knicks and the NHL's New York Rangers, has promoted general counsel Jamaal Lesane to the position of chief operating officer, according to a securities filing on Tuesday.
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July 10, 2024
Chevron's End Won't Affect Cubs Sale Tax Suit, 7th Circ. Told
An anti-abuse rule the IRS is using to push for taxes on gains from Tribune Media Co.'s sale of the Chicago Cubs is not threatened by the U.S. Supreme Court ruling overturning the Chevron deference doctrine, an attorney for the IRS told the Seventh Circuit on Wednesday.
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July 10, 2024
Ex-NBA Player Pleads Guilty In Betting Scandal
Former NBA player Jontay Porter pled guilty to a federal charge in Brooklyn on Wednesday for his part in an illegal sports betting scheme, admitting that he withdrew from games to ensure winning bets for men he owed a gambling debt.
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July 09, 2024
Veteran EDNY Federal Prosecutor Joins Covington
The former Criminal Division chief at the Brooklyn U.S. Attorney's Office has returned to private practice as a partner in Covington & Burling LLP's New York office, the firm announced Tuesday.
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July 09, 2024
Like Lions, Statue Co. Wants Out Of Barry Sanders Photo Row
The company responsible for sculpting a bronze statue of legendary Detroit Lions running back Barry Sanders wants out of the lawsuit filed by a professional photographer who claims his copyrighted photo was the unauthorized inspiration for the structure.
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July 09, 2024
Fight Over Golf-Aid Sales Puts Amazon In RICO Hot Seat
A pair of golf marketing companies conspired with Amazon to cash in on the sale of popular equipment endorsed by top-ranked golfer Scottie Scheffler after tricking the manufacturer into selling it to them wholesale, the equipment-maker claimed in a fraud and RICO suit filed in California federal court on Tuesday.
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July 09, 2024
Calif. Tribe Wants Nix Of Casino Card Check Arbitration Award
An arbitration award that required a California tribe to comply with a union authorization card check process at a casino should be nixed, the tribe has told a federal judge, arguing a tribal ordinance mapping out a procedure for a secret ballot election must be followed instead.
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July 09, 2024
NFL Says Ex-Pro's Benefits Row Belongs At Bargaining Table
The National Football League has pushed back against a Fifth Circuit appeal by a former player whose benefits suit was tossed, arguing his issue is not with the plan's board but the plan's design, which can only be resolved through bargaining, not in court.
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July 09, 2024
Ex-Cardinals VP Bristles At Arbitration Bid In Defamation Case
The Arizona Cardinals cannot claim that the arbitration clause in NFL employee contracts covers the defamation allegations by former team vice president Terry McDonough because the defamation by the team, its law firm and public relations firm took place after he stopped working for them, McDonough told an Arizona federal court.
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July 09, 2024
5th Circ. Indicates Skepticism In Brett Favre Defamation Case
The Fifth Circuit on Tuesday seemed skeptical that comments made by former NFL star Shannon Sharpe about Brett Favre's alleged involvement in a massive Mississippi welfare fraud scheme amounted to defamation, pressing Favre's attorney over why the retired NFL quarterback didn't sue over Sharpe's more emotionally charged statements.
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July 09, 2024
Connecticut's Brownstone Park Fights $9M Foot Injury Award
A Connecticut state jury's $9 million award to a man who suffered a foot injury at an outdoor adventure park is far too high, considering that his medical bills were significantly lower than that and he never missed work, defense counsel argued Tuesday in seeking a new trial or a reduced verdict.
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July 09, 2024
Chancery OKs $22M Golden Nugget Deal, Trims Fee To $4M
Former stockholders of Golden Nugget Online Gaming Inc. who challenged the venture's $1.56 billion all-stock sale in May 2022 to DraftKings Inc. got approval Tuesday to settle their Delaware Chancery Court class action for $22 million cash, with $4 million of it going to class attorneys.
Expert Analysis
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A Refresher On Alcohol Sponsorships Before The Super Bowl
As millions of people will see in Super Bowl commercials Sunday, celebrity sponsorships continue to be a valuable tool for alcohol beverage marketers — and those looking to better target audiences must understand how regulation of the alcohol industry affects these deals, say attorneys at McDermott.
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Reimagining Law Firm Culture To Break The Cycle Of Burnout
While attorney burnout remains a perennial issue in the legal profession, shifting post-pandemic expectations mean that law firms must adapt their office cultures to retain talent, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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Series
ESG Around The World: Brazil
Environmental, social and governance issues have increasingly translated into new legislation in Brazil since 2020, and in the wake of these recently enacted regulations, we are likely to see a growing number of legal disputes in the largest South American country related to ESG issues such as greenwashing if companies are not prepared to adequately adapt and comply, say attorneys at Mattos Filho.
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Series
Competing In Dressage Makes Me A Better Lawyer
My lifelong participation in the sport of dressage — often called ballet on horses — has proven that several skills developed through training and competition are transferable to legal work, especially the ability to harness focus, persistence and versatility when negotiating a deal, says Stephanie Coco at V&E.
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Deferral Pointers For Employers After $700M Ohtani Deal
Darren Goodman and Christine Osvald-Mruz at Lowenstein Sandler examine the legal consequences of Shohei Ohtani's $700 million, 10-year contract with the Los Angeles Dodgers — a high-profile example of nonqualified deferred compensation — and offer lessons for employers of all sizes interested in similar deals.
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Algorithmic Pricing Programs Caught In Antitrust Crosshairs
The Justice Department's investigation into software company RealPage follows a host of federal antitrust cases alleging that property owners and casino hotel operators use the same proprietary software programs to fix and maintain pricing, which means algorithmic pricing programs are considered a key price-fixing tool in the digital age, say attorneys at Ballard Spahr.
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The Legal Industry Needs A Cybersecurity Paradigm Shift
As law firms face ever-increasing risks of cyberattacks and ransomware incidents, the legal industry must implement robust cybersecurity measures and privacy-centric practices to preserve attorney-client privilege, safeguard client trust and uphold the profession’s integrity, says Ryan Paterson at Unplugged.
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The State Of Play In NIL, Compensation For Student-Athletes
Recent NCAA developments — including name, image, and likeness legislation and a governance and compensation proposal — reflect a shift from the initial hands-off approach to student-athletes' NIL deals and an effort to allow colleges to directly compensate student-athletes without categorizing them as employees, say attorneys at Pillsbury.
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5 Reasons Associates Shouldn't Take A Job Just For Money
As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.
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Series
Playing Competitive Tennis Makes Me A Better Lawyer
My experience playing competitive tennis has highlighted why prioritizing exercise and stress relief, maintaining perspective under pressure, and supporting colleagues in pursuit of a common goal are all key aspects of championing a successful legal career, says Madhumita Datta at Lowenstein Sandler.
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Series
The Pop Culture Docket: Judge Djerassi On Super Bowl 52
Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.
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Employee Experience Strategy Can Boost Law Firm Success
Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.
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Series
Competing In Triathlons Makes Me A Better Lawyer
While practicing law and competing in long-distance triathlons can make work and life feel unbalanced at times, participating in the sport has revealed important lessons about versatility, self-care and perseverance that apply to the office as much as they do the racecourse, says Laura Heusel at Butler Snow.
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Where Justices Stand On Chevron Doctrine Post-Argument
Following recent oral argument at the U.S. Supreme Court, at least four justices appear to be in favor of overturning the long-standing Chevron deference, and three justices seem ready to uphold it, which means the ultimate decision may rest on Chief Justice John Roberts' vote, say Wayne D'Angelo and Zachary Lee at Kelley Drye.
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Perspectives
6 Practice Pointers For Pro Bono Immigration Practice
An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.