Law 360

MAY 9, 2023

Delaware's Chancery Court on Tuesday dismissed a Block Inc. shareholder's suit against founder and CEO Jack Dorsey and company directors over Block's purchase of Norwegian music-streaming service Tidal in 2021, rejecting a shareholder's claims that Dorsey's friendship with rap mogul Shawn "Jay-Z" Carter tainted the $306 million deal.

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Law 360

JUNE 16, 2023

More than a dozen stockholders of mobile software and blockchain company Phunware Inc. who sued over a disputed, six-month trading block on their newly public shares saw much of their case kept alive Friday by a Delaware vice chancellor.

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Law 360

MARCH 4, 2024

Mobile payment companies Block Inc. and Cash App Investing LLC and its customers are seeking a California federal judge's initial approval of a $15 million deal settling claims a December 2021 data breach at the companies exposed personally identifiable information, account numbers and trading activity of 8.2

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Law 360

MARCH 8, 2023

Shareholders of multinational tech giant Block Inc. aimed a Delaware Court of Chancery derivative suit at founder and CEO Jack Dorsey and the company's board on Wednesday, seeking damages for the company arising from the sale of unregistered shares and a major data breach.

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Law 360

NOVEMBER 15, 2023

The Delaware Supreme Court on Wednesday affirmed the Chancery Court's May decision dismissing a Block Inc.

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LegalReader

JANUARY 20, 2023

Microsoft had asked the court to pause a private antitrust lawsuit seeking to block the company's planned acquisition of Activision Blizzard Inc.

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Law 360

FEBRUARY 20, 2024

In a ruling with implications for other Delaware-chartered companies pondering corporate charter relocations, a Delaware vice chancellor on Monday refused to block travel planning giant TripAdvisor Inc.'s

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JURIST

FEBRUARY 5, 2021

Along with Facebook, access to associated products by Facebook, Inc. On Friday, network monitoring group NetBlocks affirmed that Twitter was also being blocked and the same was confirmed by multiple users on Reddit. such as Instagram, WhatsApp, and Messenger are also being restricted.

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Law 360

JANUARY 10, 2023

Directors at Jack Dorsey's Block Inc. carefully scrutinized a proposed deal to buy Norwegian music-streaming service Tidal in 2021, an attorney for the company told Delaware's Court of Chancery Tuesday, urging the court to toss a shareholder's claims that Dorsey's friendship with rap mogul Shawn "Jay-Z" Carter tainted the deal.

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Law 360

AUGUST 8, 2022

Unity Software Inc. stockholders sued directors of the video game animation platform company in Delaware Chancery Court on Monday, seeking to block a $1 billion note issuance to support a $4.4 billion merger with ironSource Ltd., pending fuller disclosures about the deal.

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JURIST

JULY 6, 2022

Twitter, Inc. Tuesday sought judicial review from the High Court of the Indian State of Karnataka of the federal government’s online information blocking orders. The government threatened to initiate criminal proceedings against Twitter senior executives and rescind the company’s “safe harbour” immunity.

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Law 360

MAY 2, 2022

has persuaded a New York federal judge to temporarily block a Brooklyn art collective from selling rap artist Tyga's "Wavy Baby" sneakers as the companies fight over whether the sneakers are a parody and are protected by free speech.

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JURIST

DECEMBER 21, 2021

Meta Platforms Inc. Meta took action by blocking internet traffic from its products, Instagram and Facebook, to Social Data’s website. The post Meta sues data analytics company over scraping of Instagram accounts appeared first on JURIST - News. It also notified the defendant of its violations and disabled their accounts.

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Law 360

FEBRUARY 25, 2022

An Alden Global Capital LLC affiliate lost a bid late Friday to delay or block media company Lee Enterprises Inc.'s s scheduled March 10 director election, in a Delaware Chancery Court ruling that nevertheless deemed some Alden claims possible fodder for post-vote arguments.

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Law 360

JANUARY 30, 2023

A California federal judge on Monday blocked Tesla Inc.'s s bid to exclude an expert's testimony for calculating the losses investors claim they suffered as a result of CEO Elon Musk's tweet about possibly taking the company private, saying there is "nothing so fundamentally wrong" with the methodologies to make them inadmissible.

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JURIST

JUNE 20, 2021

The case which the Supreme Court decided was Nestlé USA, Inc. Doe I, consolidated with Cargill, Inc. In exchange for this, the two companies had the exclusive right to purchase cocoa from the farms. The Supreme Court found that Nestlé and Cargill were not liable for human rights abuses on the farm in an 8-1 decision.

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Law 360

OCTOBER 12, 2022

Mobile payments company Block Inc. is facing another proposed class action over a December 2021 incident in which a former employee downloaded customer information without authorization, this time from an investor who says the company's stock price plummeted after Block waited too long to disclose the breach.

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Law 360

FEBRUARY 3, 2022

Paxos, a cryptocurrency brokerage and settlement services company, said Thursday that it has appointed financial technology giant Block Inc.'s s former deputy general counsel Ben Gray to become its global general counsel.

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Law 360

MAY 3, 2023

A Delaware vice chancellor has selected Labaton Sucharow LLP and Block & Leviton LLP as co-lead counsel for Cornerstone Building Brands Inc. shareholders in litigation over the company's $5.8

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Law 360

OCTOBER 18, 2021

Stockholders who lost a bid for a Delaware Chancery Court order putting on the ballot their slate of director candidates for CytoDyn Inc. have asked the same vice chancellor to block the late-stage biopharmaceutical company's election pending a state Supreme Court appeal.

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Law 360

OCTOBER 1, 2021

A top investor in manufacturing software venture QAD Inc. urged Delaware's Chancery Court on Friday to block a proposed $2 billion company sale to private equity firm Thoma Bravo, saying the deal grants QAD's founder and controller outsized consideration in violation of charter restrictions.

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Law 360

MAY 18, 2021

Securities and Exchange Commission to give it the green light to block a shareholder proposal seeking more details on the company's diversity and inclusion efforts, arguing that it already discloses this information. has asked the U.S.

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Law 360

OCTOBER 4, 2021

A stockholder of Georgia-based construction supply company Select Interior Concepts Inc. is seeking to block a proposed $411 million sale of the business to a private equity group, claiming the deal runs afoul of multiple federal securities laws and regulations.

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JURIST

JULY 28, 2021

A federal judge on Monday rejected an attempt to block enforcement of Nevada’s ban on so-called “ghost guns,” including the sale of guns without serial numbers and unfinished weapons for self-assembly. is based [in Nevada].”

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The Crime Report

FEBRUARY 2, 2022

For the tribes to receive the full amount from the companies, 95 percent of the litigating tribes must agree to settle, as well as at least 14 of the 17 non-litigating tribes of more than 5,000 members for the distributors’ deal. Doud III, former head of Rochester Drug Co-Operative Inc.,

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FDA Law Blog

MARCH 13, 2024

1.750, applicant is required to submit the following to the USPTO: Evidence that Genmab A/S is expressly authorized to rely upon the regulatory review activities by Genmab US, Inc., According to the PTE application, however, the “Marking Applicant for EPKINL Y® ( epcoritamab-bysp) is Genmab US, Inc., Biogen MA Inc. Lehman , No.

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Fordham Law News

APRIL 5, 2024

1] The good news follows after 18 months of the company’s roller-coaster Chapter 11 Bankruptcy case that presented fascinating complexities such as dollarization concerns, regulatory fines from agencies such as the SEC, and the steep decline in the value of Celsius’ CEL token. [2] 14, 2024), [link] [2] See id. [3] 5] See id. [6] 8] See id. [9]

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Patently O

MARCH 5, 2023

by Dennis Crouch I’ve become somewhat callous toward patent eligibility jurisprudence and so was surprised when I read the Federal Circuit’s decision in ADASA Inc. ” This object number as various blocks pre-allocated to identify the selling-company, product reference, and serial number as shown below.

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The Fashion Law

APRIL 26, 2021

On the heels of the two parties filing respective trademark applications to register the word “THE” for use on apparel, OSU has initiated an opposition proceeding in an attempt to block the application that Marc Jacobs filed in May 2019 for “THE” for use on handbags and clothing, among other related goods.

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Patently O

FEBRUARY 1, 2021

M&K Holdings, Inc. ” There is some history between Samsung and M&K’s family of companies, whose patents also originate in Korea. In its petition, Samsung suggested a second reference showing the “predetermined block” claim limitation. Cisco Systems, Inc. by Dennis Crouch.

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The Crime Report

MAY 5, 2021

Theranos Inc. Holmes is trying to block the government from calling patients and medical professionals as witnesses to talk about inaccurate test results they received from the company. founder Elizabeth Holmes appeared in a federal courtroom in San Jose, Calif.,

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JURIST

MARCH 23, 2021

The Central Government of India has urged the Delhi High Court to restrain WhatsApp Inc. The petitioners also raise the concern of personal data being shared and used by Facebook companies and other third parties for commercial purposes.

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Customs & International Trade Law

AUGUST 5, 2022

the Department of the Treasury’s Office of Foreign Assets Control ( OFAC ) has published the name of one entity who has been removed from the List of Specially Designated Nationals and Blocked Persons (SDN List): JSC SB ALFA BANK. Is EuroChem Group AG blocked as a result of the designation of Andrey Igorevich Melnichenko?

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Fordham Law News

APRIL 28, 2023

The company’s yearly revenue plummeted by 77% to $1.24 7] The company needed to sell more shares to continue its operations, but to do so, it required a majority of all its shareholders to vote in favor of amending the corporate charter to authorize further distribution. [8] 6, 2022), [link] [4] AMC Entertainment Holdings, Inc.

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Fordham Law News

NOVEMBER 18, 2022

In 2021, Illumina, Inc. Illumina”), a global genetic testing company, acquired GRAIL LLC (“Grail”), a healthcare start-up that develops early cancer detection tests based on sequencing technologies. [1] 2] With Illumina’s acquisition of Grail, however, the two companies would be reunited “at a critical time.” [3] 6, 2022). [8]

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The Fashion Law

DECEMBER 9, 2021

An almost decade-long fight between Nike and adidas has spilled over into a proceeding before the International Trade Commission (“ITC”), with Nike asking the federal trade body to block the import of adidas’ Primeknit footwear on the basis that the sneaker tech infringes a number of its utility patents. and adidas America, Inc.

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Attorney at Work

OCTOBER 5, 2021

Leading research company Gartner defines shadow IT as IT devices, software and services (including cloud services) outside the ownership or control of the IT department of a business. Using technology to block access to Dropbox is possible but very unpopular with lawyers, who do indeed have many uses for it that do not involve sensitive data.

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