yahoo!

Morning Docket: 07.23.20

* A Colorado strip club, which sued over a requirement that strippers stay at least 25 feet from patrons due to COVID-19, has reached an agreement with authorities to stay open. Guess some people think strip clubs are essential businesses... [Business Den] * A fellow attorney reportedly warned New York bar authorities that the lawyer who is accused of killing the son of a federal judge earlier this week was a danger to himself and others. [New York Post] * Clint Eastwood has filed litigation against CBD companies alleging that commercials falsely implied he was endorsing their products. [Yahoo News] * The Alaska Bar has cancelled a conference at which Alan Dershowitz was due to speak, sidestepping the controversial choice of speaker. [Alaska Daily News] * A judge nixed a $30 million counsel fee related to the settlement of a class action against Yahoo. The lawyers are still getting around $23 million, so they won't starve... [Reuters]

Firefox v. Yahoo Lawsuits Are Like Watching Homeless People Fight For A Dollar

No offense to homeless people, many of whom do their jobs more proficiently than Mozilla and Yahoo.

Yahoo’s Three Expensive Breach Lessons

Cybersecurity is very important, and your in-house legal team must be at the forefront of managing any type of breach.

Morning Docket: 03.16.17

* It's not just Hawaii; a federal judge in Maryland has also ruled against Donald Trump's revised immigration order. [CNN] * Every woman to ever argue before the Supreme Court. [Supreme Court Brief] * Accusations abound that former Yahoo GC Ronald Bell "took the hit" for CEO Marissa Mayer in the hacking matter. Now if she can someone to take the hit for the company's overall performance, she'll be golden. [CNBC] * Emma Watson pursuing legal action against hackers over leaked photos of a fitting. Expecto litigious! [Time] * Relatedly, Lisa Bloom warns against revenge-porn dealers peddling Mischa Barton pics. [USA Today] * Video game cheating can be a costly industry -- Blizzard is suing a cheat-maker for $8.5 million. Or, you know, 1/200th of what Blizzard brings in annually. [Kotaku] * Immigration could disrupt the happily ever after ending of The Bachelor before the customary 2 months. [Chicago Tribune] * The Mormon Church is getting lessons in the breadth of the First Amendment. [Salt Lake Tribune]

Morning Docket: 03.15.17

* Congratulations to newly appointed Loyola Chicago dean Michael Kaufman. [Law.com] * Department of Justice is set to announce today charges in the case revolving around the hack of Yahoo accounts. Of course, it's probably your fault if you use Yahoo for anything but fantasy sports. [CNN] * One contract attorney racked up 6,905 hours (and $1.5 million in billables) on a single shareholder lawsuit. Too bad he was disbarred in the 80s. [Wall Street Journal] * Wait for it... wait for it. Nope, Rachel Maddow's scoop on Donald Trump's taxes, wasn't really worth it. [New York Times] * White nationalist group, the National Policy Institute -- that'd be Richard Spencer's think tank, has been stripped of its tax-exempt status. [Washington Post] * The European Court of Justice ruled a workplace headscarf ban might not be discriminatory. Ummm, okay? [BBC News]

Marissa Mayer’s ‘Bonus’ For Running Yahoo Into The Ground: Way Bigger Than Yours

She's actually not getting her 2016 cash bonus, but this "golden parachute" is way bigger.

Morning Docket: 02.02.17

* Remember when Trump recaptured the news cycle from the string of blunders and Russian scandals that rocked his first month? That seems like just yesterday.... [Washington Post] * What happens to lawyers after they publicly demean themselves appear on The Bachelor? [The Ringer] * After a massive scandal, Wells Fargo is slashing executive pay in the name of accountability. Well, by "slashing," they mean "the people who failed to pick up the fraud will still make millions," but it's the tokenistic thought that counts. [Corporate Counsel] * JP Morgan replaced 360,000 hours of annual legal work with a robot that does the work in seconds. That sounds impressive, but when you control for Biglaw hour padding the software really replaced about 20 minutes of work. [Bloomberg Markets] * Yahoo's GC resigned over their cybersecurity kerfuffle. Most Americans greet the news by wondering, "wait, Yahoo is still around?" [NY Times] * Salary increases may be nice, but it just intensifies senior skepticism over what young associates really bring to the table. [Law360] * Gibson Dunn building its Houston office on with Latham laterals. [Texas Lawyer] * Even with revenue down, Bryan Cave manages to get PPP up. [Am Law Daily]

Verizon Finally Gets Around To Telling Yahoo That It Ain’t All That

The merger that definitely should but apparently never will die is somehow still alive.

Morning Docket: 01.24.17

* SEC probe into whether or not Yahoo had an obligation to disclose data breaches to shareholders could set a precedent, which would mark the first time Yahoo's been on the cutting edge of something since the mid-90s. [National Law Journal] * Dewey know anyone looking to get out of jury duty? [Law360] * If you're trying to become a fugitive from justice, dream a little bigger than a Quality Inn in New Jersey. [NY Post] * The top Biglaw firms continue to pull away from the rest of the pack. This isn't so much news as a quarterly reminder that the rich get richer. [The Am Law Daily] * Britain's Supreme Court blocks Theresa May's effort to trigger Article 50 without a parliamentary vote. Because breaking up is hard to do. [BBC] * A bevy of laws to criminalize peaceful protests coming soon. At least the death of American democracy is still running on schedule. [The Intercept] * Finally someone willing to stand up to the tyranny of snow globes. [Clickhole]

Morning Docket: 07.25.16

* If Republican presidential nominee Donald Trump wins the election, he may be the first president-elect to be standing trial for fraud prior to taking the oath of office. Judge Gonzalo Curiel has tentatively refused to dismiss one of the two pending Trump University cases, saying plaintiffs had met requirements for the case to move forward for a jury to decide whether Trump "participated in a scheme to defraud" students. [San Diego Union-Tribune] * After being served with a class-action suit alleging she rigged the Democratic primaries and the release of emails in the latest Guccifer hack showing her favoritism for Hillary Clinton over Bernie Sanders, Rep. Debbie Wasserman Schultz is resigning as the Democratic National Committee's chair after this week's convention. [CNN; Observer] * Five senators, including Bob Menendez (D-NJ), Elizabeth Warren (D-MA), Ron Wyden (D-OR), Debbie Stabenow (D-MI), and Cory Booker (D-NJ), have introduced the Student Loan Tax Relief Act, which would exempt forgiven loans from being taxed as income. Law school grads on IBR, ICR, or PAYE should pray this bill is passed. [Forbes] * In an announcement made before markets opened, Verizon said it would be purchasing Yahoo for $4.83B. It's rumored that Faiza Saeed, Cravath's incoming presiding partner -- who was appointed to a committee to explore Yahoo's sale -- was the driving force behind the deal, which is expected to close in early 2017. [Reuters; Big Law Business] * Law firms are apparently in a "weak spot" when it comes to the detection of money laundering operations. That may be how Shearman & Sterling got mixed up with an alleged Malaysian plot to siphon funds from its trust account to purchase luxury items in a scheme that's turned into an attempted $1B DOJ asset forfeiture. [WSJ Law Blog]

In M&A News, Warren Buffett Interested In Yahoo Because Why Not At This Point

The Oracle of Omaha has had his interest piqued by whatever’s left of Marissa Mayer's company.

Morning Docket: 02.04.16

* Although he's only seen commercials for the show, O.J. Simpson is none too pleased with the way The People v. O.J. Simpson: American Crime Story portrayed his lawyer, Johnnie Cochran. The Juice thinks Cochran is being "unfairly depicted as ruthless and overly ambitious." [Washington Post] * A Pennsylvania judge has ruled that the sexual assault case against Bill Cosby can move forward and include the comedian's 2005 deposition testimony, despite the fact that he only sat for that deposition because he was promised by a district attorney that he wouldn't be prosecuted. [CNN] * While Dentons may have been written off dismissively about two years ago, since then, the Biglaw firm has "grown faster than any law firm ever," and now people are starting to wonder whether the megafirm will be able to live up to all of the hype. [Legal Business] * Perhaps we need to start a Blue Ghetto series for our male readers? A former editorial director at Yahoo! has filed a wrongful termination suit against the company, with claims that he was discriminated against by his superiors because he was a man. [Fox News] * Under the guidance of his new lawyer, Benjamin Brafman, Martin Shkreli has adopted an intelligent new legal strategy: shutting his incredibly punchable mouth before it gets him into even more trouble. Let's see how long this lasts. [DealBook / New York Times]