Bloomberg Law “FTX Trading Ltd. reached a $3.3 milllion settlement with corporate bankruptcy servicer Kroll Restructuring Administration LLC over a 2023 breach of customers’ personal data. Kroll, a vendor that helps large bankrupt companies collect claims data and disseminate information to creditors, has agreed to reimburse FTX for costs and Read more…
Bloomberg Law “A lawsuit alleges Williams-Sonoma Inc. infringed on the “Crypton” trademark by claiming its Pottery Barn furniture is selling Crypton chemical-treated furniture despite no longer treating its fabrics with the company’s chemicals. Williams-Sonoma has profited from Pottery Barn’s sale of furniture by using the Crypton trademarks despite having stopped Read more…
Bloomberg Law “California on Thursday pressed a court to save the SEC’s corporate emissions reporting regulations, as it fights a separate lawsuit challenging its own climate disclosure requirements for companies. Democrat Rob Bonta of California was the last attorney general from 46 states to formally weigh in on nine lawsuits Read more…
Bloomberg Law “A federal appeals court’s rejection of Chipotle Mexican Grill Inc.’s attempt to force a former worker’s sexual harassment and assault claims into arbitration under a landmark 2022 law because of timing sets the stage for more showdowns as judges further assess the statute’s reach. A three-judge panel of Read more…
Bloomberg Law ” Airbnb Inc. says the IRS is improperly valuing its intellectual property to impose billions in taxes and penalties. The company petitioned US Tax Court on July 30 to contest an IRS determination that it underpaid its taxes by $1.33 billion for 2013 as well as the $573 million Read more…