Paramount Skydance has agreed to pause its Warner Bros. Discovery acquisition until a court rules on a multistate antitrust challenge or until June 1, 2027. The delay could cost the company about $7 million a day in fees if the deal does not close by Sept. 30.
A federal judge in California has temporarily paused the $110 billion merger between Paramount, Skydance, and Warner Bros Discovery for 14 days. The decision follows a lawsuit from 12 states challenging the deal over potential anticompetitive concerns, despite prior Justice Department approval.
Apple has sued OpenAI, accusing it of stealing trade secrets and targeting its AI hardware program. Analyst Shruti Mishra suggests the lawsuit aims to disrupt OpenAI's hardware device launch, with a preliminary injunction potentially delaying its market entry.
A New York federal court denied KalshiEX's request for an injunction against state gambling law enforcement on sports-event contracts. The decision allows states to regulate these contracts while federal rules are pending, creating a two-track access risk.
A New York federal court denied KalshiEX's request for a preliminary injunction against state gaming officials enforcing gambling laws on sports-event contracts. The decision allows states to regulate these contracts while federal rules are developed, creating a two-track access risk.
New York City officials are seeking a preliminary injunction to ban food delivery platform Motoclick from operating unless it complies with minimum wage laws. The company allegedly paid workers as little as $3.67-$4.67 per hour, far below the required $22.13, prompting a lawsuit for millions in back pay and damages.
The Czech Constitutional Court issued a preliminary injunction, allowing President Petr Pavel to attend the July NATO summit in Ankara. This ruling partially resolves a dispute with Prime Minister Andrej Babiš, who had initially barred Pavel from the delegation. The court cited precedent and the accreditation deadline for its immediate decision, with the main question to be addressed later.
Zillow has filed an antitrust lawsuit against Midwest Real Estate Data LLC (MRED) and Compass, alleging they colluded to hide property listings in Chicago, limiting consumer access and harming competition. Zillow claims this scheme, involving Private Listing Networks (PLNs), disadvantages buyers and sellers.
A US District Court in Massachusetts issued a preliminary injunction blocking the federal government from applying restrictions on renewable energy development, expanding on a December ruling about offshore wind. The ruling applies to trade groups representing wind and solar developers and blocks policies from Interior, Army Corps, and Fish and Wildlife Service that created extra review layers. The court found the policies likely violated the Administrative Procedures Act as arbitrary and capricious, noting the contradiction of adding approval hurdles while declaring an energy emergency.
On Monday, California Attorney General Rob Bonta revealed the evidence of alleged price-fixing by Amazon. The state filed a request to the Supreme Court in February for a preliminary injunction to stop Amazon's behavior while the lawsuit it originally filed in 2022 proceeds, and is now making that 16-page document available, "largely unredacted." It lays […]
