According to the terms of the contract, which was touted as the largest boxing contract in history when it was signed in October 2018, Alvarez was promised $365 million for 11 fights. Mexican boxing star Saul ‘Canelo’ Alvarez is suing promoter Golden Boy Promotions, LLC and its CEO, Oscar De La Hoya, along with streaming service DAZN for breach of contract. In New York, which was hit early and hard by the virus, several lawsuits have been filed against nursing homes, with plaintiffs mostly alleging gross negligence, citing lack of adequate PPE and lack of adequate training in infection control. More than half of the states, including New York, have enacted some form of liability protection for nursing homes, but these safeguards have limits, including exceptions for gross negligence and intentional or reckless misconduct. Many nursing home facilities failed to follow federal laws, regulations and guidelines in handling the outbreak, in addition to other negligent conduct. Nursing home litigation, including several class actions, for virus-related deaths are being filed across the country. The battle is one of the most high-profile examples of deals that have fallen apart in the wake of the pandemic’s grand-scale destruction of the retail industry. Tiffany filed a lawsuit this month against LVMH alleging breach of merger obligations. The LVMH Board recommended that the company defer the acquisition, which would have been the largest deal ever in the luxury goods market, until after January 6, 2021, which was outside the acquisition date in the merger agreement. Luxury goods conglomerate LVMH used COVID-19 as the excuse to pull out of its $16.2 billion deal to acquire Tiffany & Company. With the pandemic’s devastating impact on the economy and its sweeping disruption to business and consumer activity, it’s likely the current litigation activity is just a taste of things to come. As the crisis enters its eighth month, lawsuits are spreading across different industries and areas of the law. Litigation related to COVID-19 is heating up on many fronts. This video provides an excellent primer for anyone who is interested in how ILP works, or wants to know how they can get involved.įor more information and resources, visit. Estimates on the path and timeline to adoption.
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