A New York appellate panel handed tobacco companies a victory Thursday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration. Under the settlement, which compensates states for funds spent treating smoking-related illnesses, the states receive $6.2 billion annually from 45 participating companies. The ruling has enormous fiscal implications for the states as the reduction could amount to more than $1 billion a year.
4 minute read
Debevoise & Plimpton, Fried Frank, and Gibson, Dunn & Crutcher are advising on an all-stock merger between Media General and New Young Broadcasting that will create a television broadcast company with 30 stations in 27 markets.
4 minute read
Plaintiffs' and defense lawyers are pointing to the recent settlement of a stock-options backdating case � which featured options "givebacks" from executives � as a model likely to be followed in similar cases.
3 minute read
Fox Television Stations, Inc. v. Federal Communications Commission
Publication Date: 2010-07-13Practice Area:Constitutional Law
Industry:Court: U.S. Court of Appeals, Second CircuitJudge: Before: Leval, Pooler and Hall, C.JJ.Attorneys:For plaintiff: CARTER PHILLIPS, Sidley Austin LLP, Washington, DC (R. Clark Wadlow, Jennifer Tatel, David S. Petron, Sidley Austin LLP, Washington, DC; Ellen S. Agress, Maureen A. O'Connell, Fox Television Stations, Inc., New York, NY, on the brief), for petitioner Fox Television Stations, Inc. Robert Corn-Revere, Ronald G. London, Amber L. Husbands, Davis Wright Tremaine LLP, Washington, DC; Jonathan H. Anschell, Susanna M. Lowy, CBS Broadcasting Inc., New York, NY, for petitioner CBS Broadcasting Inc. Seth P. Waxman, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, DC; John W. Zucker, ABC, Inc., New York, NY, for petitioners ABC, Inc., WLS Television, Inc., and KTRK Television, Inc. Wade H. Hargrove, Mark J. Prak, David Kushner, Julia Ambrose, Brooks, Pierce, McLendon, Humphrey & Leonard, LLP, Raleigh, NC, for intervenor ABC Television Affiliates Association. Andrew Jay Schwartzman, Parul P. Desai, Matthew Wood, Media Access Project, Washington, DC, for intervenors Center for Creative Voices and Future of Music Coalition. Michael R. Patrick, Renzulli Law Firm, White Plains, NY; Robert M. O'Neil, J. Joshua Wheeler, Eisha Jain, The Thomas Jefferson Center for the Protection of Free Expression, for amici curiae The Thomas Jefferson Center for the Protection of Free Expression and The Media Institute. Nancy Winkelman, Timothy K. Lewis, Carl A. Solano, Mark Fowler, Jerald Fritz, Henry Geller, Newton N. Minow, James H. Quello, Glen O. Robinson, Kenneth G. Robinson, Jr., Schnader Harrrison Segal & Lewis LLP, Philadelphia, PA, for amici curiae former FCC Commissioners and Officials. Christopher Hansen, Benjamin Sahl, American Civil Liberties Union Foundation, New York, NY, for amici curiae American Civil Liberties Union, New York Civil Liberties Union, American Booksellers Foundation for Free Expression, American Federation of Television and Radio Artists, Directors Guild of America, First Amendment Project, Minnesota Public Radio/American Public Media, National Alliance for Media Arts and Culture, the National Coalition Against Censorship, National Federation of Community Broadcasters, PEN American Center, Screen Actors Guild, Washington Area Lawyers for the Arts, Woodhull Freedom Foundation, Writers Guild of America, West, Writers Guild of America, East. Steven H. Aden, Patrick A. Trueman, Alliance Defense Fund, Washington, DC; Joel B. Campbell, Law Offices of Richard J. Yrulegui, Fresno, CA, for amici curiae Focus on the Family and Family Research Council. Robert W. Peters, Robin S. Whitehead, Morality in Media, Inc., New York, NY, for amicus curiae Morality in Media, Inc. Robert R. Sparks, Jr., Christopher T. Craig, Sparks & Craig, LLP, McLean, VA, for amicus curiae Parents Television Council. Thomas B. North, St. Ignace, MI, for amicus curiae Decency Enforcement Center for Television.For defendant: MIGUEL ESTRADA, Gibson, Dunn & Crutcher LLP, Washington, D.C., (Susan Weiner, NBC Universal, Inc., on the brief) for intervenors NBC Universal Inc. and NBC Telemundo License Co. JACOB LEWIS, Associate General Counsel, for Austin C. Schlick, General Counsel, Federal Communications Commission, Washington, D.C. (Joseph R. Palmore, Deputy General Counsel, Federal Communications Commission, Washington, DC; Tony West, Assistant Attorney General, Thomas M. Bondy, Anne Murphy, Civil Division, U.S. Department of Justice, Washington, DC, on the brief), for respondents.Case number:
Before: Leval, Pooler and Hall, C.JJ.Decided: July 13, 2010CARTER PHILLIPS, Sidley Austin LLP, Washington, DC (R. Clark Wadlow
In a deal valued at about $650 million, New York-based media conglomerate Viacom Inc., whose assets include television networks CBS, UPN, MTV and Nickelodeon, as well as the Showtime cable network, video rental powerhouse Blockbuster and publisher Simon & Schuster, announced last week that it had reached an agreement to purchase Los Angeles television station KCAL-TV from New York`s Young Broadcasting Inc. The acquisition of KCAL gives Viacom two owned and operated television stations in Los Angeles,
3 minute read
Defense and plaintiffs lawyers are pointing to the recent settlement of a stock-options backdating case, which featured options "givebacks" from executives, as a model likely to be followed in similar cases. The settlement of a derivative case involving Family Dollar Stores, and 13 current and former executives and officers, calls for four executives to relinquish 210,000 unexercised options. Both plaintiffs attorneys and defense counsel seem to be open to the idea of such givebacks becoming a trend.
3 minute read
Fox Broadcasting Company, Inc. v. Dish Network L.L.C.
Publication Date: 2013-07-24Practice Area:copyrights
Industry:Court: 9th Cir.Judge: Dolly M. Gee, District Judge, Presiding Before: Sidney R. Thomas, Barry G. Silverman, and Raymond C. Fisher, Circuit Judges.Attorneys:For plaintiff: Paul M. Smith (argued), Jenner & Block LLP, New York, New York; Richard L. Stone, Andrew J. Thomas, David R. Singer, and Amy M. Gallegos, Jenner & Block LLP, Los Angeles, California, for Plaintiffs-Appellants.For defendant: E. Joshua Rosenkranz (argued), Peter A. Bicks, Elyse D. Echtman, and Lisa T. Simpson, Orrick, Herrington & Sutcliffe LLP, New York, New York; Annette L. Hurst and William A. Molinski, Orrick, Herrington & Sutcliffe LLP, San Francisco, California; Mark A. Lemley and Michael H. Page, Durie Tangri LLP, San Francisco, California, for Defendants-Appellees.
Robert A. Long, Jennifer A. Johnson, and David M. Zionts, Covington & Burling LLP, Washington, D.C., for Amici Curiae ABC Television Affiliates Association et al.
Jeffrey A. Lamken and Robert K. Kry, MoloLamken LLP, Washington, D.C., for Amicus Curiae Cablevision Systems Corp.Case number: No. 12-57048
Cite as 13 C.D.O.S. 7776 FOX BROADCASTING COMPANY, INC.; TWENTIETH CENTURY FOX FILM CORPORATION; FOX TELEVISION HOLDINGS, INC., Plaintiffs-Appell
Defense and plaintiffs lawyers are pointing to the recent settlement of a stock-options backdating case, which featured options "givebacks" from executives, as a model likely to be followed in similar cases. The settlement of a derivative case involving Family Dollar Stores, and 13 current and former executives and officers, calls for four executives to relinquish 210,000 unexercised options. Both plaintiffs attorneys and defense counsel seem to be open to the idea of such givebacks becoming a trend.
3 minute read
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