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☆ Private equity will be able to invest in the NFL but won't have much say in team decisions
▼ + stars: | 2024-09-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.

Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland

☆ Firms weigh removing Taiwan staff from China after death penalty threat, Reuters reports
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: +2 min

Some foreign companies are considering moving Taiwanese employees out of China after Beijing said it could impose the death penalty on "diehard" Taiwan independence separatists, said four people familiar with the matter. Some foreign companies are considering moving Taiwanese employees out of China after Beijing said it could impose the death penalty on "diehard" Taiwan independence separatists, said four people familiar with the matter. Some 177,000 Taiwanese were working in China as of 2022, according to the most recent Taiwan government survey. Taiwanese staff are employed by many multinationals in China, given their linguistic abilities and cultural familiarity with the country. Another source, who was briefed on the matter, said some Taiwanese staff in China have received and accepted the option to leave the country.

Persons: James Zimmerman, Zimmerman, Perkins Coie Organizations: Perkins, Reuters Locations: China, Beijing, Taiwan

☆ China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
▼ + stars: | 2024-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +16 min

But among the crowds you and I together are protecting national security,” the narrator concludes. Chinese soldiers look at a poster promoting national security in the southwestern city of Beihai on National Security Education Day on April 15, 2024. CFOTO/Future Publishing/Getty ImagesAccording to the MSS, foreign spies are omnipresent and infiltrating everything – from mapping apps to weather stations. But China’s spy agency has gradually stepped out of the shadows as Xi makes national security a key priority. “Shenyin Special Investigation Squad” is a comic series based on real-life counterespionage operations, according to China's spy agency.

Persons: –, “, ”, Xi, Xuezhi Guo, Sheena Chestnut Greitens, Xi Jinping, Greg Baker, Mao Zedong, Greitens, Chen Yixin, Chen, “ Chen, ” Greitens, Xi –, denigrate, Bain, Alex Plavevski, Guo, influencers, China’s, can’t, James Zimmerman, Perkins Coie, Zimmerman, ” Zimmerman Organizations: Hong Kong CNN, National Security Education, “, Ministry of State Security, National Security, Publishing, CIA, National, Education, Capitol, Guilford College, Asia, University of Texas, Getty, Communist Party, FBI, National Security Propaganda, CCTV, Ministry of State, China’s National Security Commission, Group, China Development Forum, Perkins Coie LLP, ”, MSS Locations: China, Hong Kong, Beihai, British, American, Beijing, Austin, AFP, Zhejiang province, Shanghai, New York, overreaching

☆ Licensing to Netflix has become a big business for studios again, but some insiders worry it could backfire
▼ + stars: | 2024-01-29 | by ( Lucia Moses | James Faris | ) www.businessinsider.com time to read: +7 min

Read previewCash-hungry entertainment studios are back in the content licensing game, sending their valuable shows like HBO's "Sex and the City" and Disney's "Grey's Anatomy" back to Netflix. Licensing has historically been a mainstay of entertainment companies, except for a brief period when many hoarded content while they built up their own streaming services. "It's the future," said Dan Cohen, the chief content licensing officer at Paramount. Netflix and other entertainment companies that sought full ownership of content as they built up their streaming services are now becoming more agnostic about it. But, for now, the major entertainment companies don't have much of a choice.

Persons: —, Mike Pears, Pears, Jessica Reif Ehrlich, Dan Cohen, Reif Ehrlich, Mitch Metcalf, Metcalf, Meeka Bondy, Perkins, John Hodulik, Tim Nollen, Netflix's, it's, Nollen Organizations: Service, Netflix, Business, AMC, Apple, Warner Bros . Discovery, Paramount, Bank of America, ABC, NBC, Metcalf Entertainment Intelligence, UBS, CBS, Macquarie, Hulu

☆ As diversity, equity and inclusion comes under legal attack, companies quietly alter their programs
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +8 min

But others have targeted decades-old diversity programs that anti-affirmative action advocates have long tried to dismantle. said Danner-Okotie, who received $10,000 from a separate Fearless Fund grant. The Fearless Fund, Danner-Okotie said, grasped her mission of designing clothes for American women looking to celebrate their African heritage. The outcome of the case could be a bellwether for similar diversity programs. But some have made changes to diversity programs to try to protect them from legal scrutiny.

Persons: Sophia Danner, Okotie's, Fearless, Claudine Gay, Harvard Universitys, Erin Clark, Christopher Rufo, Harvard's, Rufo, George Floyd's, Danner, Okotie, Edward Blum, Morrison Foerster, Perkins Coie, Reagan, Dan Lennington, Lennington Organizations: Harvard, Harvard University, Boston Globe, Twitter, Black, Latina, American Alliance for Equal Rights, Disney, Pfizer, Comcast, Wisconsin Institute for Law & Liberty, Wisconsin Institute, U.S . Department, Business Enterprise Locations: America, Atlanta, India, Nigeria

☆ A former NBA media exec explains how the league's next rights deal could end up 'pumping more money' into player contracts
▼ + stars: | 2023-11-07 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +5 min

Malkani served as the league's senior vice president of global media distribution from 2008 to 2015, focusing on digital and media rights. She explained how athletes will be impacted by the next NBA rights deal, as the value of sports rights skyrockets against the backdrop of crumbling regional sports networks and pay-TV bundles. While the new rights deal will increase salary caps, they'll go up by no more than 10% annually , the CBA says. How streaming rights could trickle down to playersThe NBA's current rights deals with Disney and Warner Bros. The league is likely to replicate that hybrid model of traditional and streaming providers to drive up the value of its next rights deal, Malkani said.

Persons: Shirin Malkani, she'd, Malkani, Perkins, they'll, WBD, It's, Max, Malkini Organizations: NBA, Media, CBA, Disney, Warner Bros, Discovery, ESPN, ABC, TNT, Apple, Paramount, YouTube, Diamond Sports Group, Phoenix Suns, Utah Jazz

☆ The NBA is shooting for a new media rights deal worth up to $60 billion, nearly triple its previous pact, that will pay teams and players millions more
▼ + stars: | 2023-10-27 | by ( James Faris | Margaret Fleming | ) www.businessinsider.com time to read: +11 min

Media analysts widely expect the league to select at least three distributors for its next media rights deal after the current setup expires in 2025. Comcast's NBCUniversal could be a frontrunner for a spot in the NBA's new media deal alongside Amazon, Nispel said. NBA players could be poised to earn sky-high paydaysThe NBA's last media deal — the $24 billion contract it struck in 2014 — was nearly triple the value of its previous pact. The pressure is now on the NBA to deliver a media deal that satisfies teams, athletes, and fans. Still, Macquarie media analyst Tim Nollen is optimistic about the size of the NBA's next media rights deal.

Persons: Jessica Reif Ehrlich, disruptors, Brandon Nispel, Nispel, —, Shirin Malkani, who's, Perkins, Leron Rogers, that's, Mark Patricof, Tim Nollen, Nollen, Reif Ehrlich, Ehrlich Organizations: NBA, Media, ESPN, Warner Bros, TNT, Disney, Apple, NBC, Comcast, Wall Street, Bank of America, NFL, MLB, NHL, KeyBanc Capital, Amazon, Flagship, ABC, Prime, Industry, Patricof, Macquarie, Diamond Sports

"There are many other law firms with similar racially discriminatory programs," Blum said in a statement. "It is to be hoped that these firms proactively open their programs to all law students before they are sued in federal court." The paid fellowships were designed in part to help support the recruitment of people of color, which major law firms have long struggled to add to their partnership ranks. Last year, people of color comprised 11.4% of all partners in major U.S. law firms, according to the National Association for Law Placement. The lawsuit alleged the fellowship program violated a Civil War-era law enacted to protect formerly enslaved Black people that bars racial bias in contracting.

Persons: Edward Blum, Morrison, Foerster, firm's, Edward Blum's, Perkins Coie, Blum, Blum's, Fearless Fund's, Nate Raymond, Alexia Garamfalvi, Bill Berkrot Organizations: Fair, Harvard University, Wednesday, Edward Blum's American Alliance for Equal Rights, National Association for Law, U.S, Supreme, Harvard, University of North, Thomson Locations: Boston, Dallas, Seattle, University of North Carolina

☆ Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
▼ + stars: | 2023-10-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

It's an effort to diversify viewership and advertising opportunities — and to capitalize on a growing Hispanic streaming audience. Hispanic audiences spend nearly nine hours per day consuming media, the majority of which is TV viewership, according to a recent study from Nielsen based on viewership habits from July. The study noted the Hispanic audience has been at "the forefront of cord-cutting," making it a growing majority of streaming viewership, too. According to the findings, Hispanic viewers spend more than 50% of their time consuming TV through streaming, eclipsing the general population, at nearly 40%. Traditional media companies across the board have been doling out cash for sports as live games still command the highest traditional TV viewership.

Persons: Roberto Firmino, Eder Militao, NBCUniversal's, It's, Shirin Malkani, Perkins, Lea, Eli Velazquez, Lionel Messi Organizations: Liverpool, Real Madrid, UEFA Champions, Liverpool FC, Anfield, . Media, Canela Media, Telemundo, ESPN, Nielsen, Telemundo Deportes, Major League Soccer's Inter Miami Locations: Real, Liverpool, England, Spanish, U.S

Perkins Coie, a more than 1,200-lawyer firm founded in Seattle, on Friday said it had expanded the applicant pool for its diversity fellowship program to all law students, not just members of "historically underrepresented" groups. It did so after a group founded by affirmative action foe Edward Blum filed lawsuits against it and another large law firm, Morrison & Foerster, alleging their diversity fellowships unlawfully excluded certain people based on their race. The paid fellowships were designed in part to help support the recruitment of people of color, which major law firms have struggled for years to add to their partnership ranks. In the lawsuit against Perkins Coie, Blum's American Alliance for Equal Rights took aim at a diversity fellowship the firm created in 1991 to support law students from groups "historically underrepresented in the legal profession." Those accepted can receive stipends of $15,000 and paid positions as summer associates, a position that at major law firms can lead to full-time jobs.

Persons: Edward Blum, Perkins, Perkins Coie, Morrison, Foerster, Blum, Fellows, Nate Raymond, Alexia Garamfalvi, Peter Graff Organizations: U.S, Supreme, Harvard University, University of North, Harvard, Saturday, American Alliance for Equal Rights, Thomson Locations: University of North Carolina, Washington , U.S, Seattle, Dallas , Texas, Boston

☆ McDonald’s and Wendy’s win false advertising lawsuit
▼ + stars: | 2023-10-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Wendy’s and McDonald’s have emerged victorious from a lawsuit that accused the fast food chains of false advertising. Major fast food chains, including Burger King, Arby’s and Taco Bell, have all been targets lately for lawsuits that allege they’re misrepresenting food in their marketing. The explosion has been largely driven by the efforts of a handful of lawyers arguing that food in ads appears more bountiful than what customers actually get. In response, the fast food chains deny the accusations. Burger King, for example, said about a similar lawsuit that “reasonable consumers viewing food advertising know” that food in ads “has been styled to make it look as appetizing as possible.”

Persons: New York CNN —, Wendy’s, Hector Gonzalez, Wendy’s didn’t, Burger, Taco, “, ” Tommy Tobin, Perkins Coie, ”, Burger King Organizations: New, New York CNN, Taco Bell, UCLA School of Law, CNN Locations: New York

CNN —Former President Donald Trump is suing retired British intelligence officer Christopher Steele over the controversial dossier he compiled which shook Washington with its unverified and salacious allegations about Trump. Multiple US government inquiries uncovered dozens of contacts between Trump campaign associates and Russians, which have since been acknowledged. The money trail behind the Steele dossier has also been a subject of intense political scrutiny for years. About one year after the 2016 election, it became public that Steele was indirectly paid by Democrats to research Trump. Steele has faced a series of civil lawsuits in the US and UK stemming from the dossier.

Persons: Donald Trump, Christopher Steele, Steele, Orbis Business Intelligence –, Trump, Tim Lowles, John Durham, Steele’s handiwork, Igor Danchenko, ” “, Danchenko, ” Steele, Hillary Clinton’s, Perkins Coie, Clinton’s Organizations: CNN, Trump, Orbis Business Intelligence, Kremlin, London’s, Department, Democratic National Committee, Fusion, DNC, FBI Locations: Washington, Russia, Durham, Trump

☆ Burgers and tacos don’t look like they do in ads. Lawsuits are trying to change that
▼ + stars: | 2023-09-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

New York CNN —When it comes to food advertising, what you see is rarely what you get. In the ads, burgers look tall, heaped with meat and cheese, topped with golden, rounded buns. “Under this standard, a court asks whether a reasonable consumer would be misled by the product’s marketing or labeling,” he said. Lawsuits claim that burgers from McDonald's, Burger King and Wendy's don't look as they appear in ads. What you see is not what you getFor Patten, a reasonable consumer is an “average consumer.” The legal system, she said, often expect more from a reasonable consumer than she would from an average one.

Persons: James Kelly, Anthony Russo, Taco Bell, Burger, ”, Tommy Tobin, Perkins Coie, Russo, Kelly, Bonnie Patten, Spencer Sheehan, Sheehan, Katherine Frey, ” Tobin, ” Burger, “, Wendy’s, Wendy's, He’s, Patten, Patten’s, they’re, they’ve Organizations: New, New York CNN, Taco, UCLA Law, Washington Post, Getty, Starbucks, Burger King, Russo, Plaintiffs Locations: New York, Burger

The paid fellowships were designed in part to help support the recruitment of people of color, which major law firms have struggled for years to add to their partnership ranks. The fellowship consists of a paid summer-associate position, which in law firms often lead to full-time jobs that pay in the six figures after graduation, and a $50,000 stipend. Legal challenges against corporate diversity programs have increased in the wake of the Supreme Court's affirmative action ruling. The other law firm in Blum's crosshairs is Seattle-founded Perkins Coie, a more than 1,200-lawyer global law firm. It has a similar fellowship and has said it plans to defend itself, saying its commitment to diversity is "steadfast."

Persons: Edward Blum, Perkins, Morrison, Foerster, Blum, Keith Wetmore, Blum's, Perkins Coie, Nate Raymond, Alexia Garamfalvi, Richard Chang Organizations: U.S, Supreme, Harvard University, University of North, San, American Alliance for Equal Rights, Excellence, Harvard, Thomson Locations: University of North Carolina, Washington , U.S, San Francisco, Miami, Blum's crosshairs, Seattle, Boston

The American Alliance for Equal Rights sued Perkins Coie in Dallas and Morrison & Foerster in Miami two months after the Supreme Court sided with another group founded by activist Edward Blum and rejected affirmative action policies used by many colleges to increase enrollment of racial minorities. The federal lawsuits accused both law firms of unlawfully discriminating against white candidates by limiting which law students could be considered for paid fellowships designed in part to help support the recruitment of people of color. "Excluding students from these esteemed fellowships because they are the wrong race is unfair, polarizing and illegal," Blum, who is white, said in a statement. Perkins Coie, founded in Seattle, offers "diversity fellowships" that provide stipends of $15,000 to $25,000 and paid positions as summer associates, a position that at major law firms can lead to full-time jobs with six-figure salaries. Reporting by Nate Raymond in Boston; Editing by Will Dunham, Alexia Garamfalvi and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

Persons: Edward Blum, Perkins Coie, Morrison, Foerster, " Blum, Perkins, Nate Raymond, Will Dunham, Alexia Garamfalvi, Alistair Bell Organizations: U.S, Supreme, Harvard University, University of North, Activision, American Alliance for Equal Rights, Activision Blizzard, Kellogg, Gannett, Civil, American, American Alliance for Equal, Atlanta, Thomson Locations: University of North Carolina, Washington , U.S, Dallas, Miami, Seattle, United States, Asia, San Francisco, Blum's Texas, Boston

☆ Conservative activist sues major law firms for providing diversity fellowships
▼ + stars: | 2023-08-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington, DC CNN —The conservative activist behind the Supreme Court case that struck down affirmative action in college admissions this year is suing two international law firms for providing diversity fellowships. Corporate diversity programs have come under fire lately from conservative politicians and activists. The group has also sued Target for allegedly destroying shareholder value through its Pride-themed clothing, and it has sued Kellogg for diversity programs. Yet studies have shown that DEI programs and initiatives have demonstrated cultural and economic benefits. Affirmative action and diversity program advocates fear that conservative action against those programs could block career opportunities for people of color.

Persons: Perkins Coie, Morrison, Foerster, Perkins, ”, “, ” Morrison, White, Edward Blum, Blum, Trump, Stephen Miller, Kellogg, Ron DeSantis Organizations: DC CNN, American Alliance for Equal Rights, CNN, Apple, Google, Starbucks, Procter, Gamble, American Medical Association, Bureau of Labor Statistics, Census, Harvard College, University of North, Legal, National Center for Public, Research, Conservative, America, Legal Foundation, Amazon, Florida Gov Locations: Washington, Dallas, Miami, University of North Carolina, Spokane , Washington, Texas, Florida

☆ Why New York AG Letitia James is probably Trump's biggest worry right now (not Jack Smith, Fani Willis or Alvin Bragg)
▼ + stars: | 2023-07-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

In three months, Trump faces a civil fraud trial that could run his Trump Organization out of New York. There's Jack, and Fani, and Alvin, of course, all poised to prosecute the former president criminally. And Donald Trump, Donald Trump, Jr., Ivanka Trump, and Eric Trump would further be banned from ever running a business anywhere in the state. The financial and psychic toll to being a mogul in exile would be great, two Trump biographers told Insider. Smith appears on the brink of winning a new indictment, relating to the 2020 election, as does District Attorney Fani Willis in Atlanta.

Persons: Trump, Donald Trump's, There's Jack, Alvin, there's, —, Letitia James —, James, Donald Trump, Donald Trump , Jr, Ivanka Trump, Eric Trump, crowing, Michael D'Antonio, he's, D'Antonio, Alvin Bragg's, Jack Smith's Mar, Smith, Fani Willis, Chris Christie, David Aaron, Aaron, Perkins Coie, Aileen Cannon, Ira Judelson, Dominique Strauss, Kahn, Arthur Engoron, New York —, Nobody, Gwen Blair, Blair, he'll Organizations: Trump Organization, Service, — New York, Trump, New, Republican, Manhattan, Mar Locations: New York, Manhattan, Wall, Silicon, New Yorker, Florida, Atlanta, New Jersey, Washington, DC, Mar, Delaware, Trump Org's, York, Queens, Emerald City, Miami, Bedminster , New Jersey, New York City

☆ China has a new foreign relations law. Here's what it means for business
▼ + stars: | 2023-07-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesBEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, however, the legislative changes themselves don't increase the risk for foreign businesses in China, said Jeremy Daum, senior fellow at Yale Law School's Paul Tsai China Center. The website's translation of the Foreign Relations Law notes that foreign organizations in China "must not endanger China's national security, harm the societal public interest, or undermine societal public order." A House committee delegation discussed China business in their meeting with executives of high-profile U.S. tech and media companies in California in April.

Persons: Jeremy Daum, Yale Law School's Paul Tsai, Antony Blinken's, Michael House, Perkins, Daum, Mintz, It's, Alex Liang Anjie, Michael Hart, he's, Hart, Janet Yellen, Jens Eskelund, Alex Liang Organizations: Visual China, Getty, Yale Law, Yale Law School's Paul Tsai China Center, U.S, China, Foreign Relations, Mintz Group, Bain, Capvision Partners, Reuters, American Chamber of Commerce, Treasury, Companies, EU Chamber of Commerce Locations: BEIJING, China, Beijing, Washington, U.S, Shanghai, California, Broad

☆ Law firm Paul Hastings extends hiring streak with Goodwin partner pair
▼ + stars: | 2023-07-06 | by ( Chinekwu Osakwe | Thomson Reuters | Chinekwu Osakwe Covers Legal Industry News With A Focus On Midsize Law Firms. Reach Her At Chinekwu.Osakwe Thomsonreuters.Com. | ) www.reuters.com time to read: +2 min

(Reuters) - U.S. law firm Paul Hastings said Thursday that it has hired two partners from rival Goodwin Procter as practice leaders in New York and Washington, D.C.Seo Salimi is departing Goodwin after more than eight years to co-lead Paul Hastings' equity capital markets and corporate life sciences practices in New York. His clients have included Karuna Therapeutics, CRISPR Therapeutics, Goldman Sachs and J.P. Morgan Securities, according to his former profile on Goodwin's website. Salimi is joining Paul Hastings along with Sean Donahue, who will chair the firm's public company advisory practice group and co-chair its shareholder activism and takeover defense group. The Los Angeles-founded firm has hired at least 24 partners globally since January. Read more:Law firm Goodwin taps new Silicon Valley-based chairPaul Hastings team takes Latin America-focused deal practice to Baker McKenzieOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul Hastings, Goodwin Procter, Seo Salimi, Goodwin, Salimi, Goldman Sachs, J.P, Sean Donahue, Donahue, Dana Syracuse, Perkins Coie, Kenneth Deutsch, Latham & Watkins, Baker McKenzie Organizations: Reuters, . Securities, Exchange Commission, Karuna Therapeutics, CRISPR Therapeutics, Morgan Securities, Washington , D.C, of Corporation Finance, Latham &, Latin, Thomson Locations: New York, Washington, Washington ,, SEC's, Los Angeles, Boston, Latin America

☆ 'Speedy trial' promised by special counsel in Trump case may not go so fast
▼ + stars: | 2023-06-13 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +5 min

The U.S. Constitution guarantees criminal defendants the right to a speedy trial, and defendants in federal cases are allowed to have a trial start as soon as 70 days from the time they are indicted. Smith's pledge for a speedy trial makes sense because he doesn't want to interfere with the election process, said defense attorney Mark Zaid. The reality is the Trump team will be controlling much of the timing of the litigation." Espionage Act cases like Trump's cases are especially complex because some of the key evidence presented during a public trial is classified. These CIPA procedures will require Trump's defense team to obtain security clearances in order to view classified materials.

Persons: Perkins, Jack Smith, Donald Trump, Stephanie Siegmann, Hinkley Allen, Trump, Smith's, Mark Zaid, CIPA, Kel McClanahan, David Aaron, Sarah N, Lynch, Amy Stevens, Alistair Bell Organizations: WASHINGTON, Attorney's, Republican, Trump, Department, Thomson Locations: Miami, Boston, The U.S

Miami CNN —Former President Donald Trump has pleaded not guilty to 37 charges related to alleged mishandling of classified documents. During the hearing, Trump sat hunched over with his arms crossed and a scowl on his face. The criminal charges in the Justice Department’s classified documents case escalates the legal jeopardy surrounding the 2024 GOP front-runner. What Tuesday’s hearing is aboutAttorneys Todd Blanche and Chris Kise represented Trump in court for the arraignment. The new charges in the DOJ documents case are drastically more serious and present the possibility of several years in prison if Trump is ultimately convicted.

Persons: Donald Trump, ” Trump, Todd Blanche, Trump, Trump’s, Walt Nauta, Jonathan Goodman, Nauta, David Harbach, ” Goodman, “, Department’s, Jack Smith, Justice Department’s, Aileen Cannon –, Lago, –, Chris Kise, Alina Habba, ” Habba, ”, Jay Bratt, Harbach, Julie Edelstein, David Aaron, Perkins, Cannon, Alan Rozenshtein, ” Kel McClanahan Organizations: Miami CNN, Justice Department, Trump, Justice, Doral, Mar, DOJ, “, West Palm Beach, DOJ National Security Division, University of Minnesota, Circuit, George Washington University Law School, CNN Locations: Miami, New York, Ft . Pierce , Florida, West Palm

☆ PGA Tour merger with LIV Golf triggers confusion about sponsorships, antitrust
▼ + stars: | 2023-06-07 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +5 min

watch nowThe proposed merger between the PGA Tour and its Saudi-funded rival LIV Golf stunned everyone from golfers to Wall Street bankers this week – leaving many with questions about what the merger could mean. While the two organizations were feuding, golfers were divided between the PGA Tour and LIV. Aside from the lawsuits, LIV Golf has been surrounded by controversy and criticism since its launch in 2022. LIV Golf sued the tour, also citing anti-competitive practices for banning its players. The PGA Tour countersued.

Persons: LIV Golf, LIV, Jefferies, Jay Monahan, CNBC's, Henry Hauser, Perkins, Monahan, Phil Mickelson, Bryson DeChambeau, Yasir Al, Rumayyan, Hauser, it's, Timothy Derdenger, Derdenger Organizations: PGA Tour, Wall, FTC, PGA, Saudi Arabia Public Investment Fund, Antitrust, Public Investment, Federal Trade Commission, Justice Department, American Airlines, JetBlue Airways, Carnegie Mellon University's Tepper School of Business, U.S . Locations: Saudi

☆ China 'police station' case shows U.S. ramping up use of foreign agent laws
▼ + stars: | 2023-04-28 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +5 min

The Justice Department last year charged at least 25 people with violating or conspiring to violate the law. That was the highest number since at least 2003, according to a Reuters review of Justice Department statements and court records. He added that his office uses the foreign agent statute and other tools to combat the trend. A RARELY TESTED STATUTEWhile once mainly used against traditional espionage, Section 951 cases brought in recent years have targeted "influence operations" and harassment of U.S.-based dissidents. After the acquittal, Justice Department official Jay Bratt told a conference the department would "continue to bring hard cases."

[1/2] A family shops at the Wal-Mart Neighborhood Market in Bentonville, Arkansas, June 4, 2015. REUTERS/Rick WilkingCompanies Walmart Inc FollowFeb 8 (Reuters) - A federal judge in Chicago has dismissed a proposed class action lawsuit accusing Walmart Inc (WMT.N) of deceiving shoppers by selling Fudge Mint cookies that lacked fudge and mint. Eugene DeMaso, of La Salle, Illinois, said packaging for the cookies sold under Walmart's Great Value label misled reasonable consumers because the cookies' "fudge" contained no milkfat and its "mint" contained no mint ingredients. Rowland also agreed with Walmart that "mint" promised a flavor, not actual mint. The lawsuit said Walmart's cookies sold for at least $1.89 for 10 ounces, and would have sold for less absent the alleged misleading representations.

☆ Trump and lawyer sanctioned almost $1 million for 'frivolous' lawsuit against Hillary Clinton
▼ + stars: | 2023-01-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

A federal judge on Thursday imposed nearly $1 million in sanctions on former President Donald Trump and his lawyer for filing a since-dismissed "frivolous" lawsuit against Hillary Clinton and many others, which had claimed they tried to rig the 2016 presidential election in her favor by smearing Trump. Middlebrooks in his order Thursday noted that "Mr. Trump is a prolific and sophisticated litigant who is repeatedly using the courts to seek revenge on political adversaries." "He knew full well the impact of his actions ... As such, I find that sanctions should be imposed upon Mr. Trump and his lead counsel, Ms. Trump, who is seeking the 2024 GOP presidential nomination, filed his suit in March against Clinton, who was the 2016 Democratic presidential nominee. Middlebrooks earlier dismissed the lawsuit against Clinton and all other defendants "with prejudice," which bars Trump from refiling the complaint.

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