NCAA Faces Antitrust Lawsuit as Collegiate Athletes Seek Control of Name, Image, and Likeness Rights

On Friday, a California federal judge certified a class of 184,000 collegiate athletes in an antitrust lawsuit against the National Collegiate Athletic Association (NCAA). The athletes are seeking injunctive relief over the NCAA’s control of their name, image, and likeness rights. While this class has achieved certification, the judge has not yet made decisions regarding…

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Taiwanese Computer Firm Seeks Dismissal of US Patent Infringement Lawsuits

Micro-Star International, a prominent Taiwanese computer company, in conjunction with a Californian technology firm, has recently requested U.S. District Judge Alan Albright to dismiss three patent infringement suits that were levied against them. These pleas for dismissal emerge almost six months after Judge Albright declared that the implicated cases would continue proceedings in Waco, Texas….

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Defamation Battle Ignites as Ex-Trump Attorney Refutes Weissmann’s Jan. 6 Accusations

Stefan Passantino, who served as an attorney in the former Trump administration and represented ex-aide Cassidy Hutchinson during the investigation by the House select committee into the Jan. 6 insurrection, has leveled accusations of defamation against former federal prosecutor Andrew Weissmann. This is resulting from Weissmann’s tweet, which stated Passantino had coached Hutchinson into providing…

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3D Glasses Patent Dispute: VDPP LLC Takes Legal Action Against Barco Inc.

In an unfolding patent dispute, Oregon-based eyewear company VDPP LLC has initiated proceedings against Georgia-based visualization solutions provider Barco Inc. The lawsuit was filed in a Georgia Federal Court, with allegations stating that Barco Inc. infringed two of VDPP’s patents related to 3D glasses technology. According to a report by Law360, the specific claims of…

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Navigating the Evolving Landscape of Diversity Shareholder Proposals

In the aftermath of George Floyd’s death and subsequent widespread protests against racial inequity in 2020, corporations have been confronting intensifying stakeholder pressure to take substantive action on diversity issues. This has often manifested in bolstering or implementing diversity, equity and inclusion (DEI) programs. For many companies, their commitment to racial justice has involved establishing…

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Starbucks’ DEI Dispute Dismissal: Clarifying Corporate Autonomy and Shareholder Rights

The legal landscape has experienced waves with issues surrounding shareholder suits. In a recent development of interest in Federal District court, the dispute challenging Starbucks’ Diversity, Equity and Inclusion (DEI) initiatives was dismissed. Judge Stanley A. Bastian, during the oral argument, issued the dismissal notice. The brief, but informative, written decision dismissed the plaintiff’s attempt…

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SEC Adopts Amendments to Modernize Investment Company Names Rule for Enhanced Investor Protection

On the 20th of September, 2023, the U.S. Securities and Exchange Commission (SEC) adopted amendments to the current rule regarding registered fund names. According to the statement by SEC, the amendments passed with a majority vote of four to one. Alongside the changes brought to registered fund names, some forms and disclosure requirements were also…

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Justice Kagan Urges Ethical Code to Restore Public Confidence in Supreme Court

U.S. Supreme Court Justice Elena Kagan publicly voiced concern over the declining public opinion of the high court on Friday. She stated that to mend the court’s reputation, its justices must urgently address legitimate concerns regarding ethical practices and halt the reversal of long-standing precedents. In the same vein, Justice Kagan suggested the development and…

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German Co-Ownership Funds Gain Prominence Amid Upcoming MoPeG Reform

In the ever-evolving landscape of German legislation, the use of “Co-Ownership Funds” is becoming increasingly valuable. These unique fund structures come into play particularly in the sphere of real estate transactions, providing major corporations and law firms a viable alternative. The so-called “Co-Ownership Funds” are gaining significance due to the current uncertainties surrounding an upcoming…

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US Stands Firm on Export Controls for Advanced Semiconductors to China Amid Technological Trade Landscape

In a significant move that underscores the evolving regulatory landscape of technology and international business, Secretary Raimondo announced that the United States will maintain its firm stance on matters of national security. This announcement came amidst recent calls to reconsider the Executive Order issued to the Department of Treasury. The directive aims to establish a…

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