U.S

NASL Seeks New Trial Against U.S. Soccer Federation and MLS, Citing Legal Missteps in Previous Verdict

by

The North American Soccer League (NASL) is pushing for a retrial in its protracted legal battle against the U.S. Soccer Federation (USSF) and Major League Soccer (MLS), after suffering a significant setback earlier this year when a jury sided unanimously with the USSF and MLS. The legal skirmish, which came to a head in a federal court in February, stems from a 2017 lawsuit in which NASL accused the national governing body and the premier soccer league of engaging in actions that effectively barred NASL from attaining Division I or Division II status. This legal … Read more

$1.7 Billion in a Quarter: TikTok Live’s Soaring Revenue Amid Exploitation Lawsuit and U.S Ban Threats

by

Washington — TikTok reported generating a staggering $1.7 billion in global revenues from its live-streaming service, TikTok Live, in just the third quarter of 2023. Over $400 million of these earnings originated from the U.S., detailed in a recent lawsuit revealed in the capital. The suit, initiated in October by District of Columbia Attorney General Brian Schwalb, accuses the platform of enabling both sexual and financial exploitation of minors through its live features, which permit users to broadcast in real time to a global audience potentially numbering in the billions. According to projections within the … Read more

U.S. Lawsuits Hit Companies with Unprecedented Financial Penalties in Latest Yearly Review

by

In 2022, American corporations encountered unprecedented financial strain due to a rise in the average damages awarded in lawsuits across the United States. This surge set a new record, significantly impacting corporate financial health and raising concerns about the litigious environment in which businesses operate. Financial experts attribute this increase in litigation costs to a variety of factors including more aggressive legal strategies, rising corporate accountability demands, and evolving economic conditions. As companies navigated a complex web of regulatory and legal challenges, the financial repercussions were felt across various sectors. The escalation in litigation costs … Read more

Miura & Partners Strengthens U.S. Operations with New Seattle Office to Serve Expanding Japanese Business Interests

by

Tokyo-based Miura & Partners is making strides in the U.S. market with the opening of a new office in Seattle, which comes shortly after establishing a presence in San Francisco in 2023. This strategic expansion aims to strengthen the firm’s outreach on the West Coast, a key region for business between the U.S. and Japan. The establishment of the Seattle branch was primarily influenced by the increase in Japanese companies looking to expand their operations in the U.S. The firm, through Miura & Partners US, its strategic partner, intends to capitalize on this trend by … Read more