The June 9 decision hewed closely to the US Court of Appeals for the Third Circuit’s analysis earlier this year in its dismissal of a Johnson & Johnson subsidiary’s bankruptcy on similar grounds.
The two rulings are a pair of major setbacks for solvent companies eyeing bankruptcy to handle mass tort liabilities—a practice that has seen substantial growth in recent years.
Read more at Bloomberg Law
Various companies, including Nike Inc., Campbell Soup Co. and American Apparel, filed briefs backing Jack Daniel’s, saying the appeals court’s interpretation of the law threatened trademark protections that shield the value of iconic brands.
Read more at NBC News
The Securities and Exchange Commission (SEC) showed it isn’t pulling punches by going after the two most prominent names in the business, Binance and Coinbase, slapping them both with lawsuits accusing them of registered securities violations.
Read more at Forbes
There are three bills in a package passed by legislators. HB 4250 says an individual “shall not hold or use a mobile electronic device while operating a motor vehicle.” The wording expands previous regulations that prohibited texting while driving — social media use and other activities were not previously addressed.
Read more at Lansing State Journal
LeBron James Joins Taco Bell in Fight to Free ‘Taco Tuesday' Phrase From Trademark
Taco John's, a 400-location chain that has held the trademark for the popular phrase since 1989, is being challenged by an NBA superstar and fast-food powerhouse
Read more at NBC Los Angeles
Medical amnesty laws allow a person under 21 to seek treatment or observation, including an examination and treatment for any condition as a result of sexual assault. Minors can also contact police and emergency medical services for legitimate healthcare concerns. A person who accompanies the minor is also protected.
Read more at Fox2 Detroit
The Michigan State Housing Development Authority will expand its MI 10K DPA program statewide, helping low and middle-income homebuyers overcome the biggest barrier to home ownership: the down payment. The program was previously offered exclusively to 236 zip codes, but is now available throughout the state.
Read more at Michigan.gov
A growing number of Republican-led states have issued TikTok bans on government-issued devices after the FBI warned of possible threats to national security posed by the Chinese-owned social media platform, but Montana is the first state to impose a total ban on the app.
Read more at Axios
The Supreme Court on Thursday threw out a claim against Twitter under an anti-terrorism law for platforming ISIS propaganda. More broadly, in a similar appeal against Google, the court passed on deciding the scope of legal protections for internet companies in a case that had huge implications for how the internet functions. The issue was whether Section 230 protects internet platforms from lawsuits stemming from their algorithms.
Read more at MSNBC
Holograms have the potential to make witness testimony more convenient and accessible should courts and administrative agencies adopt the technology.
However, it’s not yet clear whether hologram witness testimony would pass constitutional muster
Read more at WKBN
