February 2025 - cypherpunks - lists.cpunks.org

Calif. Insurance Chief Asks State Farm To Justify Rate Hikes
by Gunnar Larson 19 Feb '25

19 Feb '25

Calif. Insurance Chief Asks State Farm To Justify Rate Hikes <https://www.law360.com/insurance/articles/2299273?nl_pk=347c5954-47a8-495c-…> By Ganesh Setty California's insurance commissioner asked State Farm General Insurance Co. to appear for an in-person "informal conference" later this month over its request for emergency rate hikes in the wake of the deadly Los Angeles wildfires in January, saying the insurer has not yet justified the move. Letter attached | Read full article » <https://www.law360.com/insurance/articles/2299273?nl_pk=347c5954-47a8-495c-…> | Save to favorites » <https://www.law360.com/insurance/articles/2299273?nl_pk=347c5954-47a8-495c-…>

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5th Circ. Questions X's Need For Watchdog's Donor Lists
by Gunnar Larson 19 Feb '25

19 Feb '25

5th Circ. Questions X's Need For Watchdog's Donor Lists <https://www.law360.com/technology/articles/2299287?nl_pk=b6acf8b6-b37c-4b07…> By Spencer Brewer Fifth Circuit judges expressed concern Tuesday that X Corp.'s bid to identify a watchdog's donors could chill free speech, questioning how the information could prove the watchdog published an allegedly false article that caused major advertisers to abandon X. Read full article » <https://www.law360.com/technology/articles/2299287?nl_pk=b6acf8b6-b37c-4b07…> | Save to favorites » <https://www.law360.com/technology/articles/2299287?nl_pk=b6acf8b6-b37c-4b07…>

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IPhone Buyers Can't Get Apple DOJ Docs Before Discovery
by Gunnar Larson 19 Feb '25

19 Feb '25

IPhone Buyers Can't Get Apple DOJ Docs Before Discovery <https://www.law360.com/competition/articles/2299306?nl_pk=6e763a2a-9f82-44c…> By Nadia Dreid Apple doesn't have to turn over the millions of documents it gave the U.S. Department of Justice as part of a private monopolization suit brought by iPhone and Apple Watch buyers, at least not until discovery, a judge overseeing the recently created multidistrict litigation has said. Order attached | Read full article » <https://www.law360.com/competition/articles/2299306?nl_pk=6e763a2a-9f82-44c…> | Save to favorites » <https://www.law360.com/competition/articles/2299306?nl_pk=6e763a2a-9f82-44c…>

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Policyholders Win Bid To Preserve Records For Antitrust Suit
by Gunnar Larson 19 Feb '25

19 Feb '25

Policyholders Win Bid To Preserve Records For Antitrust Suit <https://www.law360.com/competition/articles/2298723?nl_pk=6e763a2a-9f82-44c…> By MJ Koo Insurance policyholders who accused Hartford HealthCare Corp. of violating antitrust and unfair trade practices in a Connecticut state court can intervene in a federal court lawsuit with similar claims against the hospital network to preserve records for their class action, a federal district judge has ruled a month after the federal suit settled. Brief attached | Read full article » <https://www.law360.com/competition/articles/2298723?nl_pk=6e763a2a-9f82-44c…> | Save to favorites » <https://www.law360.com/competition/articles/2298723?nl_pk=6e763a2a-9f82-44c…>

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Trump Fires Remaining Biden-Nominated US Attorneys
by Gunnar Larson 19 Feb '25

19 Feb '25

Trump Fires Remaining Biden-Nominated US Attorneys <https://www.law360.com/capitalmarkets/articles/2299602?nl_pk=35f19b02-1b5d-…> By Rachel Scharf President Donald Trump announced Tuesday that he's firing all remaining U.S. attorneys nominated by Joe Biden, completing an expected shakeup of the nation's top federal prosecutors that typically accompanies the start of a new presidential administration. Read full article » <https://www.law360.com/capitalmarkets/articles/2299602?nl_pk=35f19b02-1b5d-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2299602?nl_pk=35f19b02-1b5d-…>

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Coinbase Brass Face Investor Suit Over Firm's Legal Liabilities
by Gunnar Larson 19 Feb '25

19 Feb '25

Coinbase Brass Face Investor Suit Over Firm's Legal Liabilities <https://www.law360.com/capitalmarkets/articles/2299592?nl_pk=35f19b02-1b5d-…> By Aislinn Keely A Coinbase shareholder has sued the crypto exchange's executive officers and board members in New Jersey federal court on allegations they breached their fiduciary duties with disclosure failures and securities law violations that left the firm open to lawsuits and other events that jeopardized its financial condition to the detriment of shareholders. Complaint attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2299592?nl_pk=35f19b02-1b5d-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2299592?nl_pk=35f19b02-1b5d-…>

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Trump Media Blames Rising Loss Partly On SEC Legal Bills
by Gunnar Larson 19 Feb '25

19 Feb '25

Trump Media Blames Rising Loss Partly On SEC Legal Bills <https://www.law360.com/capitalmarkets/articles/2299251?nl_pk=35f19b02-1b5d-…> By Tom Zanki The owner of President Donald Trump's social media platform attributed its widening losses in part to rising legal costs from the Biden-era U.S. Securities and Exchange Commission's investigations of the merger that took the company public, according to a statement. Read full article » <https://www.law360.com/capitalmarkets/articles/2299251?nl_pk=35f19b02-1b5d-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2299251?nl_pk=35f19b02-1b5d-…>

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Cravath, Morgan Lewis Steer $1B Charitable Gaming Biz Deal
by Gunnar Larson 19 Feb '25

19 Feb '25

Cravath, Morgan Lewis Steer $1B Charitable Gaming Biz Deal <https://www.law360.com/mergersacquisitions/articles/2299134?nl_pk=34b724c6-…> By Al Barbarino Las Vegas-based Light & Wonder Inc. said Tuesday it has agreed to buy the charitable gaming assets of Grover Gaming for $850 million in cash, plus a four-year, revenue-based earn-out of up to $200 million cash. Read full article » <https://www.law360.com/mergersacquisitions/articles/2299134?nl_pk=34b724c6-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/2299134?nl_pk=34b724c6-…>

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Law Schools, Attys Defend Judiciary Amid Gov't Attacks
by Gunnar Larson 19 Feb '25

19 Feb '25

Law Schools, Attys Defend Judiciary Amid Gov't Attacks <https://www.law360.com/newyork/articles/2299688?nl_pk=b53aa520-5013-4a8d-a5…> By Lauren Berg More alarm bells rang Tuesday over the Trump administration's recent remarks questioning the judiciary's authority to keep the executive branch's power in check, as more than 2,000 American lawyers and a group representing U.S. law schools voiced concern about the need to uphold the country's constitutional democracy. Read full article » <https://www.law360.com/newyork/articles/2299688?nl_pk=b53aa520-5013-4a8d-a5…> |

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Cleary To Merge Beijing Office Into Hong Kong This Summer
by Gunnar Larson 19 Feb '25

19 Feb '25

Cleary To Merge Beijing Office Into Hong Kong This Summer <https://www.law360.com/newyork/articles/2298944?nl_pk=b53aa520-5013-4a8d-a5…> By Tracey Read Cleary Gottlieb Steen & Hamilton LLP has announced that it will close its Beijing operations in July and consolidate its Greater China presence into Hong Kong. Read full article » <https://www.law360.com/newyork/articles/2298944?nl_pk=b53aa520-5013-4a8d-a5…> | Save to favorites » <https://www.law360.com/newyork/articles/2298944?nl_pk=b53aa520-5013-4a8d-a5…>

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