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Two New Lawsuits Challenge Puerto Rico’s ‘Bankruptcy’
Two new complaints were filed that challenge the board appointed to oversee Puerto Rico’s financial restructuring and the fiscal plan that it allegedly coerced the commonwealth government to […]
Ligand Pharmaceuticals Sued for $3.8 Billion Over Bond Terms
Some Ligand Pharmaceuticals Inc. investors accused the biotech company of unfairly changing the terms of a bond agreement to deny them more than $3.8 billion in payouts. Eight […]
Corporate Boards Are No Longer Afraid to Say a CEO Was Fired
If recent history is any guide, Leslie Moonves won’t have to wait long to know if he still has a future at CBS Corp. Boards are acting more […]
Trump Privacy Pitch May Get Public Scrutiny on Road to Congress
The Trump administration likely will seek public comment on a new online privacy proposal it is hammering out with tech companies before sending it to Congress, administration officials […]
Juul Fights Suits Alleging E-Cigs Harm Teens
Juul Labs Inc. wants a federal judge to throw out one of several recently filed suits alleging the leading e-cigarette maker improperly markets to minors and hides addiction […]
Ninth Circuit Gives Pro Golf Caddies an Antitrust Mulligan
Professional golf caddies may get a second shot at claiming that the PGA Tour Inc. violated federal antitrust laws and California unfair competition law by forcing them to […]
UC Berkeley Law Center for Consumer Law and Economic Justice
Nearly all law schools include a commitment to access to justice as part of their mission statements or among their stated values. UC Berkeley Law School has gone one step further in the area of consumer law. The law school has launched a new Center for Consumer Law and Economic Justice. View Full Post
Today in Legal Artificial Intelligence
Kennedys to prototype six innovations from its Ideas Lab. “Staff at law firm Kennedys could become CEOs of their own legal start-ups after it shortlisted six of the more than 100 proposals generated through its Ideas Lab. The six shortlisted proposals will now be turned into prototypes with the help of the firm’s offshore development team. View Full Post
LegalZoom Zooms Into $500 Million Secondary Investment
The legal services company LegalZoom today announced a $500 million secondary investment led by Francisco Partners and GPI Capital, with Franklin Templeton Investments and Neuberger Berman Investment Advisers also participating.
Existing investors will retain meaningful stakes in the company, the announcement said. View Full Post