American Airlines (AA) issued a press release today stating that it and US Airways were withdrawing their fares from Orbitz and Orbitz-affiliated websites effective immediately. Orbitz’s shares were immediately down 5 percent…
It is almost football season and the FTC tries to stay seasonal; around this time in 2012, it announced a settlement with football mouthguard manufacturer Brain-Pad regarding unsubstantiated concussion prevention claims. Subsequently, the FTC has sent warning letters to other manufacturers of sporting equipment regarding concussion prevention claims. This year, however, the FTC has called a different play. On August 21, the FTC announced…
Last week, former NFL punter Chris Kluwe and the Minnesota Vikings reached a settlement of Kluwe’s dispute with the team over what he characterized as the organization’s homophobic environment and release from the team due to his activism on behalf of marriage equality.
A recent ruling by the Ninth Circuit affirmed a district court’s order permanently enjoining an individual defendant (Kyle Kimoto) in an FTC action from engaging in a variety of marketing tactics and requiring the individual to pay restitution. In doing so, the Ninth Circuit rejected the defendant’s argument that his being incarcerated for mail and wire fraud related to prior FTC violations precluded the requisite level of involvement necessary to impose liability. The court also rejected his effort to invoke an “advice of counsel” defense.
Family Dollar, a troubled discount store, is up for sale. They have entered an agreement to merge with Dollar Tree for US$8.5 billion. Recently, Dollar General, a competitor, offered US$9.7 billion. On August 21, 2014, Family Dollar’s board unanimously rejected Dollar General’s offer and reasserted their desire to go forward with Dollar Tree. The grounds were that Dollar General failed to address Family Dollar’s antitrust concerns. Somewhat ironically, this rationale has likely given Dollar General a roadmap to a bid that Family Dollar’s board couldn’t refuse without breaching their fiduciary duties.
On August 11, 2014, the ownership group for the Toronto Blue Jays, Rogers Blue Jays Partnership, filed a Notice of Opposition with the Trademark Trial and Appeal Board of the United States Patent and Trademark Office, opposing the registration of Creighton University’s redesigned Bluejay logo.
The NCAA Division I Board of Directors has voted 16-2 to adopt landmark revisions to its governance structure. The Board’s decision will provide limited autonomy for the 65 “Big 5” institutions in the Atlantic Coast, Big 12, Big 10, Pac-12 and the Southeastern athletic conferences.
A Houston area woman has sued Facebook asking for $123 million because Facebook was slow to take down a fake a profile created by her ex-boyfriend with pornographic images.
A new federal proposal would require new passenger cars and trucks to contain vehicle-to-vehicle communication technology, which uses radio communications to allow vehicles to “talk” to each other and, for example, warn drivers of safety hazards.