BillionDollar

Rising Legal Star Lande Spottswood Nominated for Texas Lawyer’s Dealmaker of the Year Amidst Billion-Dollar Mergers

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Austin, Texas — Lande Spottswood, a partner at Vinson & Elkins, has been named a finalist for the Dealmaker of the Year Award for 2025, presented by Texas Lawyer. Recognized for her exceptional acumen in high-stakes transactions, Spottswood’s expertise is shaping the landscape of corporate law in Texas. In a competitive legal market, staying informed about shifts in the regulatory and legal environment is crucial, according to Spottswood. She emphasizes that a deep understanding of clients, their interests, and those of their counterparts can set advisers apart. This nuanced approach allows her to provide tailored … Read more

Surprising Jury Decision Leaves Three Rape Victims Without Compensation After Billion-Dollar Lawsuit

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In Buffalo, New York, a jury unexpectedly awarded no damages to three women who had filed a civil lawsuit against a former Buffalo police officer, despite their claims of sexual assault. The plaintiffs had sought over $1 billion in damages, citing serious emotional and psychological harm resulting from their experiences. The decision has raised eyebrows, as it represents an unusual outcome in cases that typically lead to some form of compensation for victims. The case involved allegations against the officer, who had been accused of perpetrating acts of sexual violence while on duty. The women … Read more

Billion-Dollar EV Battery Plant Project in Big Rapids Stalls Amid Lawsuit and Local Opposition

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Big Rapids, MI — A major electric vehicle battery plant project in Green Charter Township is on hold as legal battles ensue over its future. Initiated by Gotion, a subsidiary of a China-based company, the $2 billion facility was expected to bring substantial economic growth to the rural Mecosta County, promising to create over 2,000 jobs. In August 2023, Gotion reached an agreement with local township officials to establish what was positioned as a significant boost to the regional economy. The venture, however, quickly became the center of a contentious dispute. A faction of local … Read more

Supreme Court Rejects Meta’s Appeal, Greenlights Billion-Dollar Advertiser Lawsuit Over Inflated Metrics

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WASHINGTON – The U.S. Supreme Court on Monday opted not to consider an appeal by Meta Platforms, letting stand a lower court ruling that allows advertisers to pursue a large-scale class action lawsuit. The plaintiffs in the case allege that Meta, the parent company of Facebook and Instagram, misrepresented advertising reach, potentially overcharging them by billions. This decision paves the way for the advertisers to band together as a class in seeking damages, alleging that Meta inflated figures related to the potential audience of ads shown on its platforms. The collective legal action could represent … Read more