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Interactive: Could the No Surprises Act be driving up health insurance costs?
The No Surprises Act ended many unexpected medical bills, but critics say costly arbitration awards may be adding pressure to insurance premiums.
Maximum Entertainment AB (MAXENT_B) Funds Attached to Enforce SEK 160.9M Claim
Maximum Entertainment said the Swedish Enforcement Authority attached all funds in its SEB account to enforce an arbitration award claim totaling SEK 160,898,318 from a dispute with the sellers of Maximum Games.Material DetailsContext by AI AnalystThis is a late-stage escalation of a known arbitrat…
Should Twins Extend Luke Keaschall?
The Minnesota Twins have a decision to make with the 24-year-old being eligible for arbitration in 2028.
White Sox offseason business during the postseason: Arbitration figures, play-by-play future
The last two times the White Sox were in a real postseason — 2008 against the Rays, 2021 against the Astros — they fell behind 2-0 in the the ALDS, and had to scratch out Game 3 victories each time in order to ensure that they wouldn’t participate in the bare minimum of games. Three…
Nationals Face Multiple Arbitration Decisions Ahead of 2027
The Washington Nationals have multiple arbitration eligible players to address following the 2026 regular season
Mets Have A Fascinating Group of Arbitration Players
Angels Have Some Intriguing Arbitration Numbers Coming
The Los Angeles Angels have 11 players eligible for arbitration, including a couple of big names.
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
Ducks Sign Tim Washe to Four-Year Extension
The 25-year-old was set to be a restricted free agent with arbitration rights next summer.
Ballad Health's $65M lawsuit against United Health dismissed; moves to arbitration
Ballad Health's $65 million lawsuit against United Health is moving out of federal court.A federal judge in Greeneville dismissed the suit, but ruled the case n
Sony Argues in Court That Digital Games Can't Be Owned
The PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.
Doctors win big at medical arbitration. Will your insurance bill soar?
Arbitration has protected consumers from medical billing disputes. But experts warn consumers could pay with higher health insurance premiums,
In Idaho, an insurer says health care costs may rise after hospital taps Congress’s billing tool
Blue Cross argues that Post Falls ER & Hospital is out-of-network for insurers and relies on an arbitration process created by Congress.
Madjo already compared to Belgium's Lukaku
Aston Villa are still awaiting the outcome of their appeal to the Court of Arbitration for Sport (CAS) as they try to register Brian Madjo, who joined from Metz for £10m in January and does not turn 18 until January next year. Under-18s cannot complete international transfers, but Villa have argued Madjo was born in London and should be exempt, despite having three caps for Luxembourg. Fifa does allow some exemptions for minor players to make moves, including if a 16 or 17-year-old transfers within the European Union - something the UK is no longer part of.
Robertson signs $12 million deal with Dallas Stars to avoid arbitration hearing
He was a restricted free agent until his arbitration filing by the July 5 deadline.
Penguins Trade Target Signs; Robertson Off the Market … For Now
Buying time. Just a few days before the arbitration hearing between restricted free agent winger Jason Robertson and the Dallas […] The post Penguins Trade Target Signs; Robertson Off the Market … For Now appeared first on Pittsburgh Hockey Now.
UnitedHealth blasts health care providers’ ‘egregious’ awards under No Surprises Act
Eden-Prairie based health care giant highlights alleged arbitration abuses while reporting success on financial turnaround.
Philadelphia Flyers Re-Sign Trevor Zegras And Avoid Arbitration
Penguins, Nicholas Robertson Avoid Arbitration With Two-Year Deal
Woodford Believes Sports Entertainment Gaming Global Corporation (Nasdaq:SEGG) 10-K Exposes Unexplained Borrowing, 1,145% Dilution and a Deep Corporate Crisis
SEGG acknowledges the Woodford agreements, security rights and LCIA arbitration, but does not explain how later borrowing, secured financing and share issuance complied with those protections
Arbitration Date Set For Penguins Forward
Russia in sports court to overturn track and field ban
Russia's track and field federation says it has gone to the Court of Arbitration for Sport to overturn a World Athletics ruling suspending its athletes from international events due to the war in Ukraine.
Russia heads to sports court to overturn its ban from international track and field
Russia's track and field federation says it has gone to the Court of Arbitration for Sport to overturn a World Athletics ruling suspending its athletes from international events due to the war in Ukraine. World Athletics excluded all athletes from Russia and its ally Belarus from its international events in March 2022, days after Russian forces invaded Ukraine. Since then, the International Olympic Committee has eased its restrictions on Russia ahead of the 2028 Los Angeles Olympics — something the Kremlin hailed as an “important step” — and recommended other sports bodies do the same.
Rural Fosston moves forward in its quest to relinquish control of local hospital from Essentia Health
A northwestern Minnesota community is seeking to regain local control of its hospital, arguing Essentia Health has failed to meet local health care needs. A recent court ruling allows Fosston to take its case to arbitration.
Paulson Wins $47 Million in Arbitration With Ex-Business Partner
John Paulson was awarded more than $47 million by an arbitrator who found that the billionaire’s former Puerto Rico business partner cheated him on one investment and usurped him on another.
College Sports Commission, Georgia reach NIL agreement in arbitration
The College Sports Commission reversed course, moving to allow deals for two Georgia athletes after an initial denial. An arbitrator agreed.
Alan S King
Scope of work: King chairs the firm’s national labor and employment practice, advising Fortune 500 companies, municipalities and minority-owned businesses in employment litigation. He also serves as first deputy general counsel and is a certified mediator and arbitrator with the American Arbitration Association.Significant case: He secured victories for employers, including United Airlines and Michigan TV station WZZM, winning summary judgment in discrimination and retaliation claims.Other contributions: King is president of the board of Children First Fund, supporting Chicago Public Schools, and is a producer of the Chosen Few Picnic & Festival.
HaloMD faces lawsuit alleging No Surprises Act middleman used ‘sham letter,’ misleading data
Highmark Health is the fourth insurer to sue HaloMD, seeking to overturn arbitration wins.
Surveillance data, arbitration bills that worried business get axe from Polis | The Sum and Substance
In veto letters, Gov. Jared Polis wrote that the bills could have harmed the very consumers that they espoused they wanted to help.
CBLJ Recognizes Wilson Sonsini During 2026 China Business Law Awards
On May 28, 2026, Wilson Sonsini was recognized as a top international law firm for cross-border arbitration during China Business Law Journal's 2026 China Business Law Awards. The awards recognize law…
Southampton sticking by manager Eckert after Spygate controversy
In its written reasons published on Monday, an arbitration panel laid bare the influence of Eckert in the scandal, saying it was “a contrived and determined plan from top down to gain a competitive advantage” and analysts who carried out the unauthorized filming “felt pressurised to do the observations that Mr. Eckert and the senior coaches wished them to do.” However, Šolak said in a video message to fans published on Tuesday that the club believes Eckert “is the man to take us forward.”
How arbitration works as NCAA, College Sports Commission handles NIL conflict
A rejected deal is not the end of a line for a student-athlete seeking money from NIL pacts. Arbitration remains an option. Here's how it works:
Legal, business groups push back on arbitration-reform bill now before Polis | The Sum and Substance
The bill seeks to limit consumer and employee costs with arbitration, disqualify some arbitrators and force losing parties to pay up.
South Korea says it will pursue all options to avoid Samsung strike
South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country's biggest employer Samsung Electronics and to minimise any damage if one does occur, its prime minister said on Sunday.
Risky business: College sports' new enforcement entity remains on shaky ground despite a costly arbitration victory
The College Sports Commission got a sweeping victory in its first serious challenge in this new era of college athletics.
Risky business: College sports' new enforcement entity remains on shaky ground despite a costly arbitration victory
The College Sports Commission got a sweeping victory in its first serious challenge in this new era of college athletics.
College Sports Commission wins key NIL arbitration in case brought by Nebraska football players
An arbitrator ruled in favor of the College Sports Commission on Monday in a case brought on behalf of Nebraska football players that is viewed as a key test for the new entity in charge of approving third-party name-image-likeness deals in college sports.
CSC wins arbitration denying NIL deals to Nebraska players, but bigger fight looms in court
An arbitrator upheld the rejection of Nebraska football NIL contracts, but a looming California court date threatens to unravel the enforcement system
CSC wins NIL arbitration case brought by Nebraska football players
The College Sports Commission won the first major test of its authority to enforce a salary cap in college sports Monday when an arbitrator upheld the fledging agency's decision to deny a set of deals involving Nebraska football players.
CSC wins NIL arbitration case brought by Nebraska football players
The College Sports Commission won the first major test of its authority to enforce a salary cap in college sports Monday when an arbitrator upheld the fledging agency's decision to deny a set of deals involving Nebraska football players.
From busy to billable: Time management strategies for business-generating lawyers
The Daily Journal has more journalists covering the California legal profession than any other publication. Comprehensive coverage of litigation, arbitration, and mediation results from California state and federal trial courts for attorneys and legal professionals.
Chelsea’s Mykhailo Mudryk to fight FA doping ban at Court of Arbitration for Sport
Chelsea winger Mudryk has not played professional football since November 2024.
Palestinian football body appeals to sports court over FIFA Israel ruling
The Palestinian Football Association has appealed to the Court of Arbitration for Sport against FIFA's decision not to sanction Israel over clubs based in West Bank settlements, a senior PFA official said on Tuesday, as visa issues affecting several delegations added to tensions ahead of the FIFA Congress.
Cohen & Gresser Welcomes Leading Entertainment Litigator Jeffrey M. Movit as Partner
/PRNewswire/ -- Cohen & Gresser is pleased to welcome Jeffrey M. Movit as a partner in its Litigation & Arbitration group, based in New York and Palo Alto. He...
Advertisers demand billions of dollars from Google in escalating monopoly battle
Alphabet Inc.’s Google is facing billions of dollars in potential damage claims as part of mass arbitration tied to the company’s online search and advertising technology businesses, which courts have ruled were illegal monopolies.
Federal ruling on UF case deals blow to state law limiting faculty dispute appeals
Court filings showed multiple professors were denied arbitration after challenging terminations and performance reviews under the law.
Arbitration case could bring change to NCAA's 'messy middle'
Why Nebraska's recent challenge could have wide-ranging salary cap implications.
Nebraska players challenge CSC over rejected NIL deals in potential precedent-setting arbitration
Eighteen Nebraska players are challenging the CSC's rejection of NIL deals worth more than $1 million total
Ukrainian skeleton slider Vladyslav Heraskevych has appeal dismissed over Olympics disqualification
The Court of Arbitration for Sport (CAS) has dismissed Ukrainian skeleton slider Vladyslav Heraskevych’s appeal to be reinstated into the Olympic Games after he was disqualified from competition for breaking International Olympic Committee (IOC) rules over athlete expression.
Ukrainian racer loses DQ appeal over helmet
Ukrainian skeleton athlete Vladyslav Heraskevych's appeal of his disqualification from the Milan Cortina Olympics has been denied by the Court of Arbitration for Sport.
Ukrainian athlete Heraskevych's appeal for reinstatement dismissed by sports court
The Court of Arbitration for Sport on Friday dismissed an appeal by Ukrainian skeleton racer Vladyslav Heraskevych to be reinstated in the Milano Cortina Olympics after he was disqualified over his “helmet of remembrance".
Ukrainian: 'Train has left' as helmet appeal heard
The Court of Arbitration for Sport heard the appeal of Ukrainian skeleton athlete Vladyslav Heraskevych surrounding his disqualification from the Milan Cortina Games, though the slider knows he won't be competing even if he wins his case.
Royals sign Vinnie Pasquantino to two-year deal, avoid arbitration
The slugger avoids a contentious hearing.
Jordan Chiles appeal granted, CAS must re-hear case of bronze medal
Swiss Federal Tribunal grants Jordan Chiles appeal for bronze medal, sends case back to Court of Arbitration for Sport.
Fosston discusses primary health care, new clinic during community meeting
An upcoming hearing between Fosston and Essentia Health regarding the future of arbitration, initially scheduled for Feb. 5, has been postponed.
Mets Morning News: No need for arbitration hearings
Your Friday morning dose of Mets and Major League Baseball news, notes, and links.