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Companies Scramble to Account for Impact of Tariffs

Intelligize Blog

The lack of consensus regarding the tariffs impact has prompted several publicly traded companies to revise or update their corporate guidance. For its part, Atlanta-based Delta Air Lines Inc. Expect to see more companies following suit, according to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon.

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Mexican court suspends new electricity law

JURIST

On Friday, a Mexican court issued a definitive suspension against the new electricity law that aims to strengthen the state-run company, Comision Federal de Electricidad (CFE). Bimbo and Walmart Inc. filed legal challenges against the law, and two unnamed companies requested the freeze of the law. Bimbo and Walmart Inc.

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Walmart, Kanye West’s Yeezy LLC Clash Over Lookalike Logos

The Fashion Law

Patent and Trademark Office, Walmart has stepped in, arguing that the Yeezy graphic looks a bit too much like one that it has been using on similar goods/services for over a decade. Walmart’s mark (left) & Yeezy LLC’s mark (right).

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“Federal Judges or Their Brokers Traded Stocks of Litigants During Cases; Dozens of judges have reported share purchases and sales made while they presided in suits involving those companies, a WSJ investigation found”

HowAppealing

“Federal Judges or Their Brokers Traded Stocks of Litigants During Cases; Dozens of judges have reported share purchases and sales made while they presided in suits involving those companies, a WSJ investigation found”: Coulter Jones, Joe Palazzolo, and James V. reported nearly a dozen buys and sells of Pfizer Inc.

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Vans Accuses Walmart of “Escalating Infringement Campaign” in New Trademark Case

The Fashion Law

In the latest legal battle over footwear, Vans is accusing Walmart of embarking on “an escalating campaign to knock off virtually all of [its] bestselling shoes” and running afoul of its trademark rights in the process. In the complaint that they filed in a California federal court on Monday, Vans and its parent company VF Corp.

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Walmart Owes $19.3M For Hand Sanitizer Deal, Ark. Jury Says

Law 360

Walmart Inc. million verdict after an Arkansas jury found it had reneged on a deal to purchase millions of gallons of hand sanitizer from a California company for employees and customers to use in its stores. has been hit with a $19.3

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CFPB Calls Off Suit Over Walmart Driver Deposit Accounts

Law 360

The Consumer Financial Protection Bureau told a Minnesota federal court Tuesday that it is dropping its enforcement lawsuit that accused Walmart and fintech company Branch Messenger Inc. of forcing delivery drivers to use costly deposit accounts to receive wages, months after the court put the case on hold.