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Sports leagues and competitions' market clout and the increasing consolidation of sports content-streaming companies have recently spawned several civil antitrust actions aimed at reigning in these market powers.
In 2311 Racing LLC v. National Association of Stock Car Racing LLC (NASCAR), 3:24-CV-00886 (W.D.N.C.), racing teams 2311 and Front Row Motorsports Inc. have sued NASCAR over the latter’s inclusion of a waiver clause in agreements that permit teams to compete in NASCAR’s 2025 pinnacle Cup Series. The disputed clause states in part: “Team Owner … hereby releases and forever discharges [NASCAR Event Management] ... from all [claims] ... arising out of or relating to the criteria used by [NASCAR Event Management] to determine whether or not to enter into, or to offer to enter into, a Charter Member Agreement with the Team Owner or any other Person ....”
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Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.