White & Case settles with SPAC after derailed $480 mln deal

  • White & Case and Colonnade Acquisition Corp II have “amically resolved” disputes, the filing says
  • Law firm sued for more than $8.2 million in legal fees

(Reuters) – Law firm White & Case has quickly ended a lawsuit seeking legal fees from a special purpose acquisition company whose plans for a $480 million merger fizzled.

White & Case, which last week sued former SPAC client Colonnade Acquisition Corp II and its directors in New York state court for more than $8.2 million, said in a Friday filing the parties “have amicably resolved their disputes.”

The claims are “voluntarily discontinued with

Continue Reading

Spilling Secrets Podcast: Trade Secrets on Film and TV

Now on Spilling Secrets, our podcast series on the future of non-compete and trade secret law:

The 2023 Academy Awards are over, but we’re keeping the awards season alive with our very own Trade Secrets Fail Awards, highlighting Hollywood’s biggest missteps in depicting trade secret issues on-screen.

Panelists Peter A. Steinmeyer, Katherine G. Rigby, A. Millie Warner, and Daniel R. Levy discuss their picks for the worst trade secret theft and misappropriation in the movies and on television.

* * *

Tune in to Spilling Secrets, a podcast series on the future of trade secrets and non-compete law.

Each episode …

Continue Reading

100 Industry Organizations Request Extension of Comment Period on FTC’s Proposed Noncompete Ban

As we predicted, earlier today, 100 industry organizations submitted a request to the Federal Trade Commission (FTC) to extend the comment period for its proposed rule banning non-competes nationwide by an additional 60 days. According to the letter, “[t]he regulated community should be given sufficient time to assess the potential consequences of the rulemaking and develop insightful comments for the Commission to consider.” The letter further states:

This rulemaking, as the FTC itself acknowledges, will impact a significant portion of the economy. Given the breadth of the rules, a sufficient comment period is needed to ensure the regulated community can

Continue Reading

The Schall Law Firm Encourages Investors in Nutanix, Inc. with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published May 23, 2023

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nutanix, Inc. (“Nutanix” or “the Company”) (NASDAQ:NTNX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the US Securities and Exchange Commission .

The Schall Law Firm, Thursday, May 18, 2023, Press release picture

Investors who purchased the Company’s securities between September 21, 2021 and March 6, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before June 13, 2023.

If you are a shareholder

Continue Reading