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September 24, 2024 | Corporate Counsel

DOJ Files Antitrust Suit Against Visa Alleging It Thwarts Payment-Processing Rivals

Visa handles more than 60% of debit card transactions in the U.S., and collects more than $7 billion in annual processing fees, a lucrative business the company protects through illegal, anticompetitive practices, the Department of Justice alleges.
3 minute read
September 24, 2024 | The Recorder

Pac-12, Represented by Keker, Sues Mountain West Conference Over 'Unlawful' Poaching Penalty

Pac-12's counsel at Keker, Van Nest & Peters, which filed the complaint on Monday in the U.S. District Court for the Northern District of California, claimed that the Pac-12 was forced to agree to the "unlawful" terms of its agreement with the MWC under duress. The claim alleged an invalid contract for unenforceable penalties and violations of the Section 1 of the Sherman Act, California's Cartwright Act and California's Unfair Competition Law.
4 minute read
September 24, 2024 | Law.com

Coinbase Lands Ryan VanGrack as VP of Legal, Global Head of Litigation

"Handling first-of-its-kind litigation for a cutting-edge crypto firm would be a challenge for anyone, but Ryan is up to the task," said Renato Mariotti, a partner at Paul Hastings who has previously worked with Ryan VanGrack.
3 minute read
September 24, 2024 | Corporate Counsel

EBay Hires Chief Legal Officer With Proven Business Chops

"My parents started their business by selling skateboard parts at the open market in Sydney, so I have a deep appreciation for eBay's role in empowering businesses of all sizes," incoming eBay CLO Samantha Wellington said.
4 minute read
September 23, 2024 | National Law Journal

Insurer in Baltimore Bridge Collapse Seeks More Than $350M Reimbursement

"This fatal and costly disaster could and should have been avoided," according to a claim filed by White and Williams on behalf of Brawner Builders Inc. and Zurich American Insurance Co. "This catastrophic event resulted in the deaths of six Brawner workers and serious and permanent injuries to a seventh worker and halted all commercial traffic into and out of the Port of Baltimore."
5 minute read
Law Journal Press | Digital Book New Jersey Employment Law 2025 Authors: Rosemary Alito View this Book

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September 23, 2024 | National Law Journal

5th Circuit Scrutinizes Under-21 Handgun Sales Ban Based on Supreme Court Test

"I'm puzzled, because it seems to me that your whole argument is premised on some idea that Rahimi changed the landscape quite a bit… and, I think the whole court, actually on this point, said that Bruen is still the test," said Judge Jennifer Elrod.
4 minute read
September 23, 2024 | National Law Journal

US Ability to Compete Globally Relies on Ample Domestic Competition, FTC's Chief Says

"If you look at not just the number of wins but the significance of the wins in terms of how we're actually advancing the law, I'm pretty thrilled with the progress we've already made," Lina Khan said.
3 minute read
September 23, 2024 | National Law Journal

As Election Nears, SEC Ramps Up Activity, More Big Law Firms Land Defense Work

Linklaters, Sullivan & Cromwell, Bracewell, Davis Polk, Milbank, among other firms, are advising financial firms, broker-dealers and companies wrapped up in SEC enforcement actions this month.
3 minute read
September 23, 2024 | National Law Journal

'$20 Billion in Damages': FTX Bankruptcy Estate and MDL Resolve Differences

"We're optimistic that in each of these cases, in FTX, in Voyager, we're going to be able to get people back their damages," said Adam Moskowitz, co-lead counsel in the FTX multidistrict litigation. "But that's looking backward. If you look forward, how will you deal with this situation?"
5 minute read
September 23, 2024 | Corporate Counsel

25-Year Veteran of International Monetary Fund Taking Over as Legal Chief

IMF Managing Director Kristalina Georgieva called Yan Liu "a thought leader and a trusted adviser who is also well known for her dedication to mentoring and supporting staff in their career journeys."
2 minute read

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