Transactional
Lucid Defeats Lawsuit Claiming It Defrauded SPAC Investors
In early January, Newark, California-based Lucid Group, Inc. won the dismissal of a lawsuit which accused the company of significantly overstating its production outlook, thus defrauding investors in Churchill Capital Corp IV, the special-purpose acquisition company (SPAC) that helped take it public. The merger raised about $4.4 billion for Lucid...
Litigation
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Lawsuit Says JetBlue-Spirit Merger Would Raise Fares at Two Major Florida...
A lawsuit seeking to kill the JetBlue-Spirit Airlines merger alleges it will hurt air travel throughout the country, but especially at Fort Lauderdale-Hollywood and Orlando international airports. Currently, there is vigorous competition between the two airlines at both airports — 19 of the airlines’ routes overlap in Fort Lauderdale and 12 in Orlando...
Policy
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The Case for Upholding Biden’s Student Debt Relief Plan
While President Joe Biden's plan to forgive up to $20,000 in student debt for federal borrowers may be temporarily stalled in courts, advocates, legal experts, economists, and scholars are maintaining their pressure on the Supreme Court to allow the forgiveness to reach millions of Americans in 2023. On February 28, the high court will hear oral arguments on the two lawsuits that are blocking Biden's plan...
Features
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Larry Tribe Stays in Fight for Democracy at Boutique Law Firm
Laurence “Larry” Tribe, longtime Harvard Law School professor, has decided to continue to work on cases involving democracy-related issues, LGBTQ rights, and racial injustice alongside matters for corporate clients by joining the five-year-old boutique litigation firm Kaplan Hecker & Fink. “The one firm that met my criteria in terms of doing good in the world and not creating conflicts with the things I believe in, but also having the highest possible quality, was Kaplan Hecker,” Tribe said of his decision in an interview...