Deal

Birmingham Settles Lawsuit with Local Church Over Unfinished Worship Center Project Linked to $1.2 Million Relocation Deal

by

BIRMINGHAM, Ala. – The city of Birmingham has reached a settlement in its lawsuit against Trinity Christian Methodist Episcopal Church concerning an incomplete worship center that had received public funding. The lawsuit stemmed from a halted construction project that was initially supported by a substantial relocation payment to the church by state and local authorities. In 2014, development plans for a train overpass in the Collegeville area necessitated the relocation of the church’s property. The Alabama Department of Transportation (ALDOT) along with the city supported Trinity Christian Methodist Episcopal Church’s relocation with a financial aid … Read more

University Secures Jackie Robinson Stadium Access with $600,000 Deal Through 2025

by

The university has agreed to a significant financial commitment for the use of Jackie Robinson Stadium, committing $600,000 to maintain access until the conclusion of the 2025 baseball season. This financial arrangement underscores the importance of the stadium to the university’s athletic programs, particularly its baseball team. The stadium, named after the legendary baseball player Jackie Robinson, serves not only as a sports facility but also as a historical landmark. Jackie Robinson, renowned for breaking Major League Baseball’s color barrier in 1947, is a seminal figure in both sports and American history. His legacy extends … Read more

Former CEO Admits to Restrictive Deal to Block Rival’s Expansion in California Rebar Market During Antitrust Trial

by

Washington, D.C. — In a dramatic turn of events during a federal antitrust trial on Monday, the former CEO of Commercial Metals Co. admitted that the company entered into a contentious agreement with Danieli Corp., a prominent micromill manufacturer. This agreement effectively prohibited Danieli from collaborating with any competing rebar mills in California soon after it was discovered that Pacific Steel Group intended to establish a facility in Southern California using Danieli’s technology. The revelation surfaced at the trial, which is scrutinizing the legality of the exclusivity provision that was brokered shortly after Commercial Metals … Read more

Microsoft Settles Gamer-Led Antitrust Suit Over $69 Billion Activision Blizzard Deal

by

Redmond, Washington – Microsoft has reached a settlement in the antitrust lawsuit initiated by a collective of gamers opposed to its $69 billion acquisition of gaming giant Activision Blizzard. The terms of the settlement remain confidential, and the case has been dismissed with prejudice, which prevents any possibility of refiling in the future. Both parties have agreed to cover their own legal expenses. The lawsuit, originally filed in California in 2022, was initiated by gamers from various states who were concerned about the potential monopolistic effects of Microsoft’s acquisition. They feared it would enable Microsoft … Read more