Law360

Faegre Drinker-advised water solutions company Pentair Inc. on Tuesday unveiled plans to acquire hydronic and water-based solutions company Taco Group Holdings Ltd., advised by Loeb & Loeb LLP, in a $1.4 billion deal. https://lnkd.in/eP4pUW4G

A New York federal judge has granted Firy Inc.'s request to order Papaya Gaming Ltd. to disgorge $719 million, and pay $10.1 million in attorney fees to Firy on top of a $420 million jury verdict in April for alleged misrepresentations about its mobile games being based on skill and not using bots. https://lnkd.in/e-WhsgJZ

The chief financial officer for an insurance company told a Florida jury Tuesday that a stock drop for Patriot National, which is suing Simpson Thacher for malpractice for allegedly putting together a shoddy securities offering, dramatically affected his own business as well. https://lnkd.in/e_mirPmK

The Federal Circuit has turned down Microsoft's request that it revisit a panel's decision that reopened the damages amount issue in a patent infringement case brought against the tech giant by Israeli company Exafer. https://lnkd.in/eBmZiv8D

Otterbourg PC said Tuesday that it will issue a one-time $20,000 payment to all of its full-time associates, just one day after Milbank LLP became the first to roll out midyear bonuses. https://lnkd.in/ehC3MdRh

A First Circuit panel appeared doubtful Tuesday that an artificial intelligence-powered applicant screening tool used by JPMorgan Chase & Co. constituted the kind of lie detector test that Massachusetts law bars employers from using in interviews. https://lnkd.in/eUxByBmy

BREAKING: A Michigan federal jury found Tuesday that a Ypsilanti, Michigan, school district had actual knowledge of harassment reported by a student but concluded the alleged conduct was not severe and pervasive enough to trigger liability under Title IX. https://lnkd.in/ebn9i4D6

U.S. District Judge Alan Albright examines how AI could transform a court's ability to deal with administrative work and organize materials when preparing for hearings or drafting opinions, thereby affording judges more time to resolve contested issues. https://lnkd.in/eucarBEM

The former chief of the appeals section of what was once the Tax Division of the U.S. Department of Justice has returned to the agency to helm the appellate arm of the department's newly named civil tax branch https://lnkd.in/eaFWrj_J

As in-house legal departments adopt artificial intelligence tools, legal operations pros say that unauthorized use of AI by employees, known as “shadow AI,” raises security and governance concerns. https://lnkd.in/ezVbDSig