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TikTok Owner ByteDance Loses Legal Challenge Against the EU DMA

The lower of the EU’s top court Wednesday ruled against TikTok owner ByteDance in a legal challenge the Chinese social media company had brought over the EU Digital Markets Act. Wednesday’s judgment marked the first legal test for the EU’s stringent new digital competition rulebook. Companies that fail to comply with…

Missouri Appellate Court Reverses .7M Jury Verdict Against Stanley Over Opposing Counsel’s ‘Billion-Dollar Company’ References

A Missouri appellate court reversed a $7.7 million jury verdict against a major tool industry leader, concluding that the trial court should have granted its motion for mistrial after opposing counsel repeatedly referred to Stanley Fastening Systems as a “billion-dollar company,” in violation of an order prohibiting any argument regarding the company’s financial status. The three-judge panel…

Attorneys No Longer Need to Wait for Chancery Order to File Confidentially

The Court of Chancery has revamped its rule on confidential filings, allowing attorneys to make filings confidential without first obtaining permission from the court. The change to Rule 5.1 is included in the second tranche of amendments to Chancery rules Chancellor Kathaleen St. J. McCormick has approved as part of…