ABA Journal “The Happiest Place on Earth” may not have been living up to its name recently, when a forced arbitration case pushed Disney directly into the clickbait headlines. After his wife died from a severe allergic reaction at a park restaurant last year, Disney allegedly told her widower that Read more…
Bloomberg Law “The Securities and Exchange Commission is accusing two Florida men of defrauding investors out of $125,000 in a litigation finance scheme. The agency on Friday sued Michael Chhabra and his father, Vineet “Vincent” Chhabra, in a federal court in Washington. SEC lawyers say the pair used money invested Read more…
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…
Bloomberg Law The Chinese-owned social media platform TikTok is battling a potential US ban with the signature tools of American democracy — lawyers, lobbyists and money. TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless its Beijing-based parent, ByteDance Ltd., divests. Read more…
Bloomberg Law “OpenAI Inc. escaped a copyright lawsuit from a group of open-source programmers after they voluntarily dismissed their case against the company in federal court. The programmers, who allege the generative AI programming tool Copilot was trained on their code without proper attribution, filed their notice of voluntary dismissal Thursday, Read more…
Bloomberg Law ” Volkswagen Group of America Inc.—a subsidiary of Volkswagen AG—is entitled to attorneys’ fees from a dismissed VDPP LLC lawsuit that accused the German automaker of incorporating patented camera-related technology into surround-view monitoring systems in its vehicles. VDPP and its attorney, William P. Ramey III of Ramey LLP, engaged in abusive Read more…