Supreme Court Clarifies Diversity Jurisdiction Standard
In a unanimous decision on February 23, 2010 in Hertz v. Friend, et al., the Supreme Court clarified the test federal courts should apply to determine a corporation’s citizenship for purposes of diversity jurisdiction, holding that corporations are citizens of the state of their “nerve center” – usually their corporate headquarters – not of any state where a plurality of their business activity occurs.
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Recent Decisions Find in Favor of Insurance Coverage for "Blast Faxing"
Companies facing class action suits brought under the Telephone Consumer Protection Act (“TCPA”) for allegedly faxing unsolicited advertisements (so-called “blast faxes”) to individuals and businesses in turn have sought insurance coverage under their comprehensive general liability (“CGL”) policies for costs incurred defending TCPA suits, and for indemnification of any liability.
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02/08/10
DOJ Approves Ticketmaster-Live Nation Merger, With Conditions
The Department of Justice Antitrust Division (“DoJ”), along with 17 state attorneys general, reached an agreement with the parties last week that allows the merger of Ticketmaster Entertainment, Inc. (“Ticketmaster”) and Live Nation, Inc. (“Live Nation”) to proceed.
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