Revolutionize

NFL’s Landmark Sunday Ticket Lawsuit Set to Revolutionize Game Broadcast Deals

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Washington, D.C. – In what could be a landmark case for sports broadcasting, the NFL faces a significant legal challenge over its Sunday Ticket service, which has traditionally bundled out-of-market NFL football games to subscribers. At the heart of the confrontational dispute is a staggering $4.8 billion judgment that may revolutionize how viewers across the United States watch their favorite teams play. The lawsuit not only weighs heavily on the economic facets, with billions at stake, but also touches on broader implications concerning broadcasting rights, competitive practices, and consumer freedoms in sports viewership. At issue … Read more

Unlocking Solutions: How Loss Portfolio Transfers Could Revolutionize Mass Tort Cases

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NEW YORK (AP) — Loss portfolio transfers have emerged as a creative tool for organizations and insurers to manage large risk pools and resolve liabilities in a fair and efficient manner. These reinsurance contracts involve ceding legacy liabilities to a reinsurer, who assumes and accepts the current and future claim liabilities. In exchange, the ceding entity agrees to pay the reinsurer for the reserves. While loss portfolio transfers are not yet common in mass tort litigation, a growing number of insurers and self-insured defendants are exploring this option to address their liabilities. One example of … Read more