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Sports & Betting
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September 19, 2024
Pink Floyd, NFL And PE Take Limelight In Latest Deal Rumors
Sony Music could be on the verge of paying roughly $500 million for the rights to music recorded by Pink Floyd, and NFL teams including the Miami Dolphins and Los Angeles Chargers are exploring options to sell stakes to private equity firms. Here, Law360 breaks down these and other notable deal rumors from the past week.
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September 19, 2024
Furth Wilensky, Raz Dlugin Guide $1.95B Mobile Gaming Deal
Playtika Holding Corp. has agreed to acquire SuperPlay, a fellow mobile gaming company founded by former Playtika employees, for up to $1.95 billion, in a deal guided by Furth Wilensky Mizrachi Knaani – Law Offices and Raz Dlugin & Co., respectively.
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September 19, 2024
NY Knicks Owner Escapes Federal Sex Trafficking Claims
A California federal judge has dismissed sexual assault and trafficking claims against New York Knicks owner James Dolan, casting a hired massage therapist's accusations against him as "speculative" but leaving the door open for further litigation in state court.
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September 18, 2024
Wynn Resorts To Pay Investors $70M Over Misconduct Claims
Wynn Resorts, its former CEO Stephen Wynn and others have reached a $70 million settlement in Nevada federal court to end an investor class action accusing the hotel and casino giant of deceiving shareholders by covering up allegations of Wynn's sexual misconduct, according to a Tuesday filing.
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September 18, 2024
Vista Rejects MNC's Latest Offer, Recommends Czech Co. Bid
Vista Outdoor Inc. on Wednesday again rejected Dallas-based private equity firm MNC Capital Partners LP's bid to take over the company and instead recommended that its shareholders approve its already-inked deal with Czech defense company Czechoslovak Group AS.
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September 18, 2024
Disney Star Seeks $940M From Zee In Cricket Broadcast Spat
The Walt Disney Co.-owned Star India is seeking $940 million in damages stemming from a broadcasting dispute with Zee Entertainment Enterprises Ltd., and wants to have the agreement validly terminated, according to a Wednesday letter filed to India's stock exchange.
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September 18, 2024
NCAA Must Give Up Control To Reach Suitable NIL Settlement
The date set by a California federal judge for the NCAA and the athletes suing it over name, image and likeness compensation to iron out issues with their proposed $2.78 billion settlement is fast approaching, and according to experts, a rational solution that would satisfy the two sides and the law might not exist.
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September 18, 2024
Rogers Pays $3.45B For Control Of Toronto Pro Sports Teams
Rogers Communications Inc. will purchase Bell Media's 37.5% ownership stake in Maple Leaf Sports & Entertainment for CA$4.7 billion (US$3.45 billion), owner of pro sports teams including the Toronto Maple Leafs and Toronto Raptors, making it majority owner of the company, Rogers announced Wednesday.
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September 18, 2024
Netflix's 'Varsity Blues' Setback Puts Media On Watch
Netflix Inc.'s failure to bring about dismissal of a defamation suit brought by a private equity executive tied to the "Varsity Blues" college admissions case is a warning to media companies when blurring the line between documentary and drama, experts told Law360.
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September 18, 2024
9th Circ. Breathes New Life Into Swimmers' Boycott Suit
The Ninth Circuit has revived a class action from the International Swimming League and a trio of competitive swimmers accusing the sport's global governing body of orchestrating a de facto boycott of the upstart league, overruling a district court that threw out the case.
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September 18, 2024
DraftKings Fired Engineer After Leave Request, Suit Says
A former senior engineer for DraftKings Inc. says he was fired in retaliation for asking to take parental leave last year, according to a lawsuit filed in Massachusetts state court.
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September 17, 2024
Ex-Topgolf Worker Drops Suit Over Racist Abuse
Topgolf has escaped an Illinois federal lawsuit from a Black former employee who accused the golf entertainment chain of doing nothing in response to his complaints that fellow employees were creating a hostile work environment.
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September 17, 2024
Ga. Bars NCAA From Prohibiting NIL Compensation
The NCAA and other athletic organizations cannot prohibit Georgia colleges and universities from providing student-athletes with name, image and likeness compensation under an executive order signed by Georgia Gov. Brian Kemp on Tuesday.
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September 17, 2024
Putative Class Says Golf Course Co. Shanked Data Protection
An Illinois-based golf course and hospitality management company failed to adequately protect the personal information of its customers and failed to provide them with timely notice of an April data breach, according to a proposed class action filed Monday in federal court.
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September 17, 2024
Tech Co. Takes Shot At Brooklyn Nets Over 'Netaverse' Use
The Brooklyn Nets have damaged the reputation of hardware and software technology company Phinge Corp. by unlawfully using the phrase "netaverse," which Phinge has been using since 2022, for the team's virtual reality services, according to a new trademark infringement lawsuit lodged in California federal court.
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September 17, 2024
GC Base Salaries At Big Companies On The Rise
General counsel base salaries at companies making $5 billion or more in revenue has increased from last year, while their total compensation has decreased, according to a report released Tuesday by the Association of Corporate Counsel and Empsight International LLC.
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September 17, 2024
Cos. Risk Offside Call On Contractor Tax After HMRC Win
The U.K. Supreme Court's decision Monday that Premier League referees count as employees for tax purposes means many companies may have to reassess their arrangements with contractors or risk higher tax costs in the future, tax experts say.
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September 17, 2024
Toshiba Sheet-Counting Patent Gets Revoked On Appeal
Toshiba has lost a patent over a sheet-inspecting machine that can count and reject banknotes, after European officials ruled that it was obvious in light of previous patents.
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September 17, 2024
Arthur Cox Steers Betting Giant On €2.3B Italian Biz Buy
Sports betting giant Flutter Entertainment PLC said on Tuesday that it has agreed to buy the Italian online sports betting subsidiary of Playtech PLC, a gambling technology company, for €2.3 billion ($2.6 billion).
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September 16, 2024
Parent Drops Suit Alleging Video Game Addiction
An Arkansas parent has dropped their lawsuit alleging popular entertainment company make addictive video games like Fortnite and Call of Duty that they said had drastic negative implications on their 14-year-old child's life.
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September 16, 2024
Wilson Sporting Goods Says Broken Deal Cost $1.2M In Sales
Wilson Sporting Goods will lose out on at least $1.2 million in sales because Gators Baseball Academy unlawfully terminated their equipment exclusivity agreement, inked a new arrangement with a third party behind Wilson's back, and refused to mediate the dispute, according to a lawsuit lodged in Illinois federal court Monday.
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September 16, 2024
5th Circ. Rejects Favre's Hail Mary In Sharpe Defamation Fight
The Fifth Circuit on Monday affirmed the dismissal of Brett Favre's defamation suit against fellow former NFL star Shannon Sharpe, who called him a "sorry mofo" on air, ruling Sharpe was allowed to express his opinions about Favre's alleged involvement in a sprawling Mississippi welfare fraud scheme.
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September 16, 2024
Big Ten Lands Polsinelli Litigator As New Assistant GC
The Big Ten Conference has tapped a Polsinelli PC litigator with a background in college athletics cases as its new assistant general counsel.
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September 16, 2024
DraftKings, FanDuel Sued Over Use Of MLB Player Images
Sports betting giants including DraftKings and FanDuel have been using photographs of MLB players to promote sports betting offerings despite knowing they do not have such rights, a division of the Major League Baseball Players Association alleged in separate lawsuits filed Monday in Pennsylvania and New York.
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September 13, 2024
The 2024 Regional Powerhouses
The law firms on Law360's list of 2024 Regional Powerhouses reflected the local peculiarities of their states while often representing clients in deals and cases that captured national attention.
Expert Analysis
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F1 Driver AI Case Sheds Light On Winning Tactics In IP Suits
A German court recently awarded damages to former F1 driver Michael Schumacher's family in an artificial intelligence dispute over the unlicensed use of his image, illustrating how athletes are using the law to protect their brands, and setting a precedent in other AI-generated image rights cases, William Bowyer at Lawrence Stephens.
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Playing The Odds: Criminal Charges Related To Sports Betting
In light of recent sports betting scandals involving MLB player Shohei Ohtani and NBA player Jontay Porter, institutions and individuals involved in athletics should be aware of and prepared to address the legal issues, including potential criminal charges, that sports gambling may bring to their door, say attorneys at Steptoe.
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Counterfeits At The Olympics Pose IP Challenges
With the 2024 Olympic Games quickly approaching, the proliferation of counterfeit Olympic merchandise poses a difficult challenge to the protection of intellectual property rights and the preservation of the Olympic brand's integrity, says Kimiya Shams at Devialet.
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Series
Playing Chess Makes Me A Better Lawyer
There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.
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Litigation Inspiration: Attys Can Be Heroic Like Olympians
Although litigation won’t earn anyone an Olympic medal in Paris this summer, it can be worthy of the same lasting honor if attorneys exercise focused restraint — seeking both their clients’ interests and those of the court — instead of merely pursuing every advantage short of sanctionable conduct, says Bennett Rawicki at Hilgers Graben.
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Lean Into The 'Great Restoration' To Retain Legal Talent
As the “great resignation,” in which employees voluntarily left their jobs in droves, has largely dissipated, legal employers should now work toward the idea of a “great restoration,” adopting strategies to effectively hire, onboard and retain top legal talent, says Molly McGrath at Hiring & Empowering Solutions.
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Unlocking Blockchain Opportunities Amid Legal Uncertainty
Dozens of laws and legal precedents will come into the fore as Web3, metaverse and non-fungible tokens gain momentum, so organizations need to design their programs with a broader view of potential exposures — and opportunities, say Teresa Goody Guillén and Robert Musiala at BakerHostetler and Steve McNew at FTI Consulting.
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NCAA Settlement May End The NIL Model As We Know It
The recent House v. NCAA settlement in California federal court, in which the NCAA agreed to allow schools to directly pay March Madness television revenue to their athletes, may send outside name, image and likeness collectives in-house, says Mike Ingersoll at Womble Bond.
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Series
Fishing Makes Me A Better Lawyer
Atop the list of ways fishing makes me a better lawyer is the relief it offers from the chronic stress of a demanding caseload, but it has also improved my listening skills and patience, and has served as an exceptional setting for building earnest relationships, says Steven DeGeorge at Robinson Bradshaw.
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Penn. Right-To-Know Case Raises Record-Access Precedent
The Pennsylvania Supreme Court recently held that the nonprofit Pennsylvania Interscholastic Athletic Association was subject to the state's Right-To-Know Law, establishing an expansion that allows access to public records of organizations that perform work or have some role associated with statewide governance, says Delene Lantz at Saul Ewing.
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5th Circ. Venue-Transfer Cases Highlight Mandamus Limits
Three ongoing cases filed within the Fifth Circuit highlight an odd procedural wrinkle that may let district courts defy an appellate writ: orders granting transfer to out-of-circuit districts, but parties opposing intercircuit transfer can work around this hurdle to effective appellate review, says Charles Fowler at McKool Smith.
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A Healthier Legal Industry Starts With Emotional Intelligence
The legal profession has long been plagued by high rates of mental health issues, in part due to attorneys’ early training and broader societal stereotypes — but developing one’s emotional intelligence is one way to foster positive change, collectively and individually, says attorney Esperanza Franco.
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To Make Your Legal Writing Clear, Emulate A Master Chef
To deliver clear and effective written advocacy, lawyers should follow the model of a fine dining chef — seasoning a foundation of pure facts with punchy descriptors, spicing it up with analogies, refining the recipe and trimming the fat — thus catering to a sophisticated audience of decision-makers, says Reuben Guttman at Guttman Buschner.
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Circuit Judge Writes An Opinion, AI Helps: What Now?
Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.
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Attys Beware 2 Commonly Overlooked NIL Contract Issues
As name, image and likeness deals dominate high school and collegiate sports, preserving a client's NCAA eligibility should be a top priority, so lawyers should understand the potentially damaging contract provisions they may encounter when reviewing an agreement, says Paula Nagarajan at Arnall Golden.