1. Articles in category: Big Law

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    1. Caesars Entertainment Acquiring Sports-Betting Firm William Hill for $3.7B

      Caesars Entertainment Acquiring Sports-Betting Firm William Hill for $3.7B

      Caesars Entertainment has a deal in place to buy sports-betting firm William Hill.

      Caesars said in a late-night news release Tuesday that it has agreed to purchase the British bookmaker for 2.9 billion pounds (close to $3.7 billion).

      The deal, which will need regulatory approval before becoming final, is expected to close sometime during the last half of 2021, according to Caesars.

      “The opportunity to combine our land-based casinos, sports betting and online gaming in the U.S. is a truly exciting prospect,” said Tom Reeg, CEO of Caesars, in a statement. “William Hill’s sports-betting expertise will complement Caesars’ current offering, enabling the combined group to serve our customers in the fast-growing U.S. sports betting and ...

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    2. Patent Infringement Lawsuit Against Microsoft Over Video Game Multiplayer Mode

      Patent Infringement Lawsuit Against Microsoft Over Video Game Multiplayer Mode

      On September 25, Worlds Inc. filed a complaint against Microsoft Corporation in the Western District of Texas for patent infringement over their video game Minecraft’s multiplayer mode functionality. Microsoft acquired Minecraft from Mojang, its developer, in 2014. 

      The patent-in-suit is U.S. Patent No. 8,082,501 (the ’501 patent), entitled “System and Method for Enabling Users to Interact in a Virtual Space.” According to the complaint, the ’501 patent discusses “methods used for improving network communications and managing client processing burdens in a multi-client/server architecture used in a three-dimensional, computer-generated, graphical, multi-user, interactive virtual world systems such as those found in multiplayer gaming.” For example, “the client process can be used to customize the display of the ...

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    3. LVMH Files Countersuit Against Tiffany & Co. to Abandon Acquisition

      LVMH Files Countersuit Against Tiffany & Co. to Abandon Acquisition

      Sept. 29 (UPI) -- The owner of luxury retailer Louis Vuitton has filed a countersuit against Tiffany & Co. in an effort to abandon a $16 billion acquisition agreement.

      France-based LVMH Moet Hennessy said earlier this month it would drop the deal, citing "a succession of events which undermine the acquisition" -- including an order from French foreign minister Jean-Yves Le Drian to defer the transaction due to taxes threats by the United States.

      Tiffany had requested to extend the "outside date" of the merger from November to January and ultimately sued LVMH in Delaware in a bid to force the acquisition. Tiffany argued that the French government request for a delay was unlawful.

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    4. Sonos Sues Google for Alleged Patent Infringement on Smart Speakers

      Sonos Sues Google for Alleged Patent Infringement on Smart Speakers

      Sonos has levied another lawsuit against Google that claims the Mountain View company infringed on five of its audio technology patents related to smart speakers.

      The speaker company filed its first lawsuit against Google in January, accusing the search giant of copying its multi-room audio technology. Google countersued in June, also alleging patent infringement.

      In the latest complaint, filed Sept. 29 in the U.S. District court for the Western District of Texas, Sonos claims that Google products such as Chromecast and Nest infringe on core patents covering modern smart device speakers.

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    5. WWE Faces Copyright Infringement Over Wrestler's Tattoos

      WWE Faces Copyright Infringement Over Wrestler's Tattoos

      WWE will head to trial over a lawsuit on whether the company’s use of tattoos for characters in a video game based on the likeness of wrestlers is copyright infringement.

      An Illinois federal judge determined in a 13-page ruling that WWE and Take-Two Interactive, which makes the “WWE 2K” and “WWE 2K Battlegrounds” video games, copied the work of tattoo artist Catherine Alexander for the games and determined that questions related to the copying should be answered in a jury trial.

      The focal point is whether Alexander licensed wrestler Randy Orton to display the several tattoos she inked on his body, setting up a case over the alleged unauthorized use of tattoo production.

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    6. Lexit Conservative Group Files Infringement Lawsuit Against Lexit Movement

      Lexit Conservative Group Files Infringement Lawsuit Against Lexit Movement

      A Texas non-profit group representing conservative Latinos filed a lawsuit accusing what it described as a disgruntled former member of infringing on its name.

      Lexit, which is based in Lubbock, filed a lawsuit Tuesday in federal court accusing Lexit Movement, a California-based non-profit, of trademark infringement, unfair competition, cancellation of trademark, cyber squatting and breach of contract.

      The Texas group seeks from the court an order barring the California Lexit group from using the Lexit name. They are also seeking an order to take down the California group’s website and social media accounts that use the Lexit name.

      The Texas group is also seeking an order canceling or invalidating a patent for the Lexit name that they said was ...

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    7. Evel Knievel's Son Suing Disney for Trademark Infringement

      Evel Knievel's Son Suing Disney for Trademark Infringement

      The son of famous stuntman Evel Knievel is suing Disney and Pixar over their Toy Story 4 character Duke Caboom.

      Kelly Knievel, who had publicity rights to Evel Knievel since 1978, has accused the studios of financially gaining from a character they allegedly based on his father without seeking permission.

      “Evel Knievel did not thrill millions, break his bones and spill his blood just so Disney could make a bunch of money,” the lawsuit filed in Las Vegas reads.

      Through his K and K Promotions, Knievel is seeking unspecified damages totalling more than $300,000 (£236,000) in the federal trademark infringement lawsuit, which also alleges false endorsement and unjust enrichment.

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    8. ArcelorMittal USA Mergers with Cleveland-Cliffs

      ArcelorMittal USA Mergers with Cleveland-Cliffs

      After the early 2000s upheaval in the American steel industry, many of the mills that have lined Northwest Indiana's lakeshore, in some cases for more than a century, ended up consolidated in the hands of either U.S. Steel, the world's first billion-dollar company, or ArcelorMittal, which has been the world's largest steelmaker for years.

      Now, following more than a decade of stability, another seismic shake-up is taking place along the highly industrialized southern shore of Lake Michigan.

      A new owner is coming to town.

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    9. Zoom Sued for Patent Infringement Over Alleged Cloud Storage

      Zoom Sued for Patent Infringement Over Alleged Cloud Storage

      On Tuesday in the District of Colorado, Rothschild Broadcast Distribution Systems, LLC filed a complaint against Zoom Video Communications, Inc. (Zoom) for allegedly infringing the patent-in-suit over its product that allows for recorded content to be stored on a cloud.

      The patent-in-suit is United States Patent No. 8,856,221 (the ’221 patent), entitled “System and Method for Storing Broadcast Content in a Cloud-Based Computing Environment.” The plaintiff alleged that Zoom infringed at least claim 7 of the ’221 patent “by making, using, importing, selling, and/or offering for media content storage and delivery systems and services covered by one or more claims of the” patent-in-suit. For example, Zoom’s CuriosityStream streaming platform and other similar products purportedly infringe the ...

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    10. E.W. Scripps Acquiring Ion Media for $2.65B

      E.W. Scripps Acquiring Ion Media for $2.65B

      E.W. Scripps has reached a deal to acquire Ion Media for $2.65 billion in a deal that will be partially financed by a $600 million investment from Warren Buffett’s Berkshire Hathaway.

      Based in West Palm Beach, Fla., Ion Media owns 71 TV stations covering a wide swath of the country. Cincinnati-based Scripps is one of the largest independent owners of TV stations following a wave of M&A in local broadcast TV in recent years.

      “This evolution of Scripps’ national television networks business, through the combination of ION, the Katz networks and Newsy, repositions the company in the television landscape,” said Scripps President and CEO Adam Symson. “With its strong revenue growth, high margins and significant cash ...

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    11. UMass Memorial Agrees to Acquire Harrington HealthCare System

      UMass Memorial Agrees to Acquire Harrington HealthCare System

      UMass Memorial Health Care has signed an agreement to acquire Harrington Hospital, a deal that would add a fourth community hospital to the Central Massachusetts system.

      Harrington HealthCare System announced in January plans to explore an agreement with UMass Memorial. Though the health systems hoped to sign a deal in May, coronavirus delayed the agreement. In the first nine months of fiscal 2020, UMass Memorial reported a $17.5 million operating loss as health systems grappled with the pandemic.

      On Wednesday, the boards of both health systems announced they had signed a definitive agreement, which will bring Harrington under the UMass umbrella. Harrington will join the three existing hospitals within the UMass Memorial Health Care system, and will likely be ...

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    12. San Antonio's Brew Monkey Beer Co. Sued for Trademark Infringement

      San Antonio's Brew Monkey Beer Co. Sued for Trademark Infringement

      Brew Monkey Beer Co., which celebrated its grand opening less than a month ago, is being sued by another Texas brewery for having a name that’s “confusingly similar,” the San Antonio Express-News reports.

      According to the daily, Suds Monkey Brewing Co. of Dripping Springs — alleges that Brew Monkey’s name has caused the Austin-area brewer financial damages. Suds Monkey wants a San Antonio federal court to award it triple the amount of those damages, along with profits Brew Monkey has made from its “wrongful conduct.”

      In its lawsuit, the Dripping Springs brewery accuses Brew Monkey of infringing on its trademark “with the intent to deceive consumers and to cause confusion among purchasers.”

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    13. Illumina Will Acquire Early Cancer Detection Startup for $8B

      Illumina Will Acquire Early Cancer Detection Startup for $8B

      A startup focused on early detection of cancer that was spun out of one of the largest genetic analysis companies three years ago is now being acquired by the latter.

      On Monday, San Diego-based Illumina said it would acquire Menlo Park, California-based Grail for $8 billion. Grail is focused on using technology like next-generation sequencing, population-level studies and computer and data science for early detection of cancers. Illumina founded the company in 2016, using its next-generation sequencing technology to develop data science and machine learning for early cancer detection, eventually raising $2 billion in startup funding. Illumina spun Grail off in March 2017. The total $8 billion acquisition price includes $3.5 billion in cash and $4.5 billion in ...

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    14. Tesla Sued by Optis Wireless Technology for Patent Infringement

      Tesla Sued by Optis Wireless Technology for Patent Infringement

      Optis Wireless Technology, LLC et al filed a complaint against Tesla Inc. for patent infringement on Sunday in the Eastern District of Texas alleging that defendant Tesla has infringed the asserted patents by using cellular connectivity in its vehicles.

      The patents-in-suit are United States Patent Nos. 8,149,727 (the ’727 patent); 8,199,792 (the ’792 patent); 8,223,863 (the ’863 patent); 8,254,335 (the ’335 patent); and 8,320,319 (the ’319 patent). The plaintiffs asserted that these patents “are necessary to practice the 3GPP LTE cellular technical specification,” which Tesla purportedly did not have a license to use. Furthermore, the plaintiffs stated that they have tried to reach a licensing agreement with Tesla, but were ...

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    15. Microsoft Acquiring ZeniMax Media for $7.5B

      Microsoft Acquiring ZeniMax Media for $7.5B

      REDMOND, Wash. September 21, 2020 – More than three billion people on the planet play games for fun, escape, and human connection. Unlike any other medium, games empower people to engage in creativity, strategic thinking and teamwork, immersing them into interactive stories and worlds created by some of the world’s most amazing creators. The cultural phenomenon of gaming has made it the largest and fastest-growing form of entertainment in the world—an industry that is expected to be more than $200 billion in annual revenue in 2021.

      As the gaming industry transforms from a device-centric era to a player-centric era powered by new technology that provides the freedom to play with friends anywhere on any device, Microsoft (Nasdaq: MSFT) on ...

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    16. American Luxury Whiskey Firm Sues Halewood International Over Trademark Infringement

      American Luxury Whiskey Firm Sues Halewood International Over Trademark Infringement

      Merseyside spirits firm Halewood International has been sued by an American luxury whiskey giant.

      Sazerac Brands LLC says Knowsley-based Halewood infringed its trademark after selling a new high-end bourbon called 'American Eagle'.

      Sazerac, based in New Orleans, Louisiana, said Halewood's product infringed on its well-established 'Eagle Rare' bourbon whiskey brand, which is sold in 10 and 17-year-old versions.

      This case is not the first trademark row Halewood International, which produces the famous Lambrini wine and Whitley Neill gin brands, has been caught up in, as the Liverpool Echo reports.

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    17. Apple Sued for Copyright Infringement After Releasing Diversity Emojis

      Apple Sued for Copyright Infringement After Releasing Diversity Emojis

      Apple, Inc. (NASDAQ: AAPL) is facing a copyright infringement lawsuit filed by Cub Club Investment, LLC. (CCI), owned and operated by Katrina Parrott, an African-American businesswoman.

      CCI sued Apple in the U.S. District Court for the Western District of Texas on Friday, claiming “trade dress infringement, unfair competition, misappropriation, and unjust enrichment” by the tech giant.

      In the lawsuit, the Texas-based company alleged that Apple copied Mrs. Parrot’s innovations that are internationally recognized for helping in bringing racial diversity to the world of emojis.

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    18. Walmart is Acquiring 7.5% Stake in TikTok

      Walmart is Acquiring 7.5% Stake in TikTok

      Walmart said Saturday (Sept. 19) it continues to work on the final agreements to purchase a 7.5% stake in video-sharing platform TikTok Global as well as enter into commercial agreements to provide Walmart e-commerce, fulfillment, payments and other omnichannel services to TikTok.

      The news comes as President Donald Trump announced Saturday that ByteDance, TikTok’s Chinese parent company, has received tentative approval for an agreement with the U.S. government to resolve outstanding issues, which will now include Oracle and Walmart together investing to acquire 20% of the newly-formed TikTok Global business.

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    19. North American Aerospace Industries Mergers with Aircraft Interior Recycling Association

      North American Aerospace Industries Mergers with Aircraft Interior Recycling Association

      North American Aerospace Industries (NAAI), a leading provider of sustainable end-to-end aircraft recycling, has merged with Aircraft Interior Recycling Association (AIRA), a total aircraft interior support company. While the news is formidable for both organizations, it also offers new opportunities for airlines, aircraft owners and OEMs to generate new revenue streams, gain savings, reduce their carbon footprints, and help address critical social needs; all of which have become more important in today’s post-pandemic period.

      According to Sven Daniel Koechler, PhD, president and CEO of NAAI, “AIRA is the only aircraft interior recycling company that has developed the scientific expertise and technical know-how to properly recycle end of life aircraft interiors and waste materials from manufacturing. Since our top priority ...

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    20. D3D Technologies Inc Sues Microsoft for Patent Infringement

      D3D Technologies Inc Sues Microsoft for Patent Infringement

      WASHINGTON, DC, UNITED STATES, September 16, 2020 /EINPresswire.com/ -- Dunlap Bennett & Ludwig, a leading corporate and intellectual property law firm with offices across the United States, Canada, the United Kingdom, and China, filed an infringement lawsuit on behalf of D3D Technologies Inc., a company focused on the development and commercialization of novel 3D imaging technologies, against Microsoft Corporation in the District Court for the Middle District of Florida.

      D3D alleges that Microsoft willfully infringed on four of D3D’s patents through its sales of the HoloLens products. Microsoft reported that it has partnered with over 140 companies across diverse industries for the use of HoloLens. In addition, Microsoft reported a multimillion-dollar sale of the progeny of HoloLens called IVAS to ...

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      Mentions: Florida
    21. Lady A' Sues The Band Lady A for Trademark Infringement

      Lady A' Sues The Band Lady A for Trademark Infringement

      Anita White, aka Lady A, has filed a trademark infringement suit against Lady A Entertainment LLC and its principals, Charles Kelley, David Haywood and Hillary Scott, asking for, among other things, sole usage of the name and compensatory damages.

      The countersuit, filed Tuesday (Sept. 15) in United States District Court’s Western District of Washington, Seattle Division, is the latest volley in the back and forth between the Seattle-based blues singer and the band, formerly known as Lady Antebellum, that started in June after Lady Antebellum officially changed its name to Lady A. It did so apparently without knowing that blues singer White had used the name Lady A for more than 20 years.

      After the band met with the ...

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    22. Columbia Care Acquires California's Project Cannabis for $69M

      Columbia Care Acquires California's Project Cannabis for $69M

      New York-based cannabis firm Columbia Care has agreed to purchase California’s Project Cannabis in a deal valued at $69 million.

      In a news release, the multistate operator said it would trade as much as $57 million worth of stock and pay at least $12 million in cash to acquire the Los Angeles-based vertically integrated cannabis company.

      The transaction is expected to close in the fourth quarter of 2020, and it comes just days after Columbia Care completed its acquisition of Colorado’s The Green Solution.

      Project Cannabis -- a grower, distributor and retailer of branded marijuana products – owns four retail locations and one 32,000 sq. ft. indoor cultivation facility in California. It also sells cannabis products to 100 dispensaries ...

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    23. Opendoor Goes Public with a Blank-Check Company $4.8B Merger Deal

      Opendoor Goes Public with a Blank-Check Company $4.8B Merger Deal

      SoftBank-backed home-selling platform Opendoor is going public through a merger with a blank-check company led by venture investor Chamath Palihapitiya in a deal that will value the combined entity at $4.8 billion, the companies said on Tuesday.

      Opendoor buys properties from sellers and makes repairs, at a service charge, and then lists them for sale. As part of the deal with Social Capital Hedosophia Holdings Corp II, Opendoor will get $1 billion cash, including $600 million from investors such as BlackRock and Healthcare of Ontario Pension Plan and Palihapitiya.

      Social Capital shares jumped 21% in pre-market trade.

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    24. Lactalis Group Announces it is Acquiring Part of Kraft Heinz

      Lactalis Group Announces it is Acquiring Part of Kraft Heinz

      BUFFALO, N.Y.--(BUSINESS WIRE)--Lactalis Group (“Lactalis”), the world's leading dairy group, today has entered into a definitive agreement for the acquisition by its U.S. affiliate of Kraft Heinz’s Natural, Grated, Cultured and Specialty cheese businesses in the U.S., Grated cheese business in Canada and entire International Cheese business outside North America.

      With this acquisition, Lactalis will acquire a portfolio of iconic, strongly-positioned brands that include Cracker BarrelBreakstone’sKnudsenPolly-OAthenosHoffman’s and, outside the U.S. and Canada only, Cheez Whiz. In addition, Kraft Heinz will partner with Lactalis on a perpetual license for Kraft in Natural, Grated and International cheeses and Velveeta in Natural and International cheeses.

      Under the terms ...

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