NYT Says LIV, PGA Tour Merger Belies Effort To Seal Docs
By Elaine Briseño
The merger of Saudi-backed LIV and PGA Tour undermines the claim that
unsealing documents in their legal fight will harm competition, The New
York Times told a California federal judge as it argued the redacted
material was "central to how the case would unfold."
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https://www.law360.com/competition/articles/1701384?nl_pk=2063be2d-1a29-43b…
Diddy Says Diageo Can't Arbitrate Tequila Racism Dispute
By Elliot Weld
Rapper and entrepreneur Sean "Diddy" Combs argued Wednesday that British
spirits conglomerate Diageo can't arbitrate his claim that racism infected
the marketing of his DeLeon tequila brand, telling a New York state court
that the agreement contains a carveout for injunctive relief claims.
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https://www.law360.com/newyork/articles/1701363?nl_pk=00e0f28d-575b-4889-8d…
Ex-50 Cent Liquor Worker Says New Ruling Backs Ch. 7 Case
By Aaron Keller
A former employee at rapper Curtis "50 Cent" Jackson's liquor company has
pushed back against claims that an arbitration decision proved he embezzled
funds, saying he wants to "set the record straight" in his Connecticut
Chapter 7 case while citing a new state supreme court decision to protect
his home from creditors.
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https://www.law360.com/newyork/articles/1701411?nl_pk=00e0f28d-575b-4889-8d…
2nd Circ. Should Uphold Malpractice Exemption, Insurer Says
By Chart Riggall
A legal insurer has urged the Second Circuit to stand by a U.S. district
judge's ruling last year that the company had no duty to defend a legal
malpractice claim brought against a New York attorney accused of inducing
an elderly client into a bad real estate deal.
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https://www.law360.com/newyork/articles/1701197?nl_pk=00e0f28d-575b-4889-8d…
Fed Fines Deutsche $186M Over AML, Sanctions Controls
By Jon Hill and Stewart Bishop
The Federal Reserve on Wednesday said it has fined Deutsche Bank $186
million for failing to comply with prior agreements to address its
anti-money laundering program and sanctions compliance regime, and the
German lender has agreed to undertake a new round of reforms.
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https://www.law360.com/newyork/articles/1701531?nl_pk=00e0f28d-575b-4889-8d…
Faruqi & Faruqi Wins Bid To Lead Crypto Miner IPO Suit
By Emilie Ruscoe
Faruqi & Faruqi LLP will represent a proposed class of investors in
cryptocurrency miner Argo Blockchain PLC who claim the offering documents
for the company's 2021 initial public offering were "negligently prepared,"
a Brooklyn federal magistrate judge has decided.
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https://www.law360.com/newyork/articles/1701651?nl_pk=00e0f28d-575b-4889-8d…
Morgan Stanley, Goldman Want Out Of Archegos Suit, Again
By Sydney Price
Morgan Stanley and Goldman Sachs have urged a New York federal judge to
once again nix a suit filed by investors accusing them of illegally
avoiding billions of dollars in trading losses by acting on nonpublic
information about now defunct Archegos Capital Management, saying the
plaintiffs do not allege that Archegos had any confidential information
belonging to the issuers.
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https://www.law360.com/newyork/articles/1701498?nl_pk=00e0f28d-575b-4889-8d…
NY Feds Can't Halt LA Sex Wellness Company's Breach Suit
By Craig Clough
New York federal prosecutors failed Wednesday to convince a Los Angeles
judge to stay California-based sexual wellness company OneTaste's lawsuit
against a former worker after arguing that the Golden State litigation
would hamper their criminal prosecution of two former company leaders on
forced-labor charges.
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https://www.law360.com/newyork/articles/1701599?nl_pk=00e0f28d-575b-4889-8d…
Woman Who Tried To Extort CEO To Go Free After 11 Months
By Pete Brush
A Manhattan federal judge ordered a Bronx woman who tried to extort an
unnamed CEO to be freed from custody Wednesday, holding that her 11 months
inside what a defense lawyer called Brooklyn's "unbearable" Metropolitan
Detention Center was punishment enough.
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https://www.law360.com/newyork/articles/1701520?nl_pk=00e0f28d-575b-4889-8d…
Judge Floats Sanctions For Funders In Apple Patent Dispute
By Ryan Davis
A California federal judge said Tuesday that two litigation funders may
have made misleading statements to the court about their relationship to a
patent infringement suit against Apple Inc., and he ordered them to explain
why they should not be sanctioned.
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https://www.law360.com/mergersacquisitions/articles/1701678?nl_pk=8bba16ad-…
