Lookzy: all your daily legal news in 0.1 billable hours. Plain English coverage of deals, litigation and legal trends trusted by lawyers at Cravath, Latham, Skadden, Gunderson and elsewhere.

Welcome to Lookzy. In today's Lookzy:

• Unicoin’s crypto crash-and-burn: SEC says the token raised $100 M on hype

• Carnegie Hall name-grab: Famed venue drops the trademark hammer

• Dean v. ABA showdown: 40+ law schools call new practice-credit rule “overreach”

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THE VERDICT

Arguing today's litigation news

House Sues House.
Carnegie Hall accused real-estate developer Carnegie Properties of “brazen” brand theft, alleging the builder plastered the iconic name on luxury condos to juice sales; the Manhattan federal suit seeks an injunction and triple damages under the Lanham Act.

Crypto Fraud Hit.
The SEC charged Unicoin Inc. and three executives—including CEO Alex Konanykhin—with peddling an “asset-backed” token that never owned the promised gold or real estate, pulling in more than $100 million from retail investors; the complaint seeks disgorgement and officer bans.

₹109 B Damages Bid.
IHH Healthcare’s Northern TK Venture petitioned Tokyo District Court for up to ¥109.3 billion ($1.28 B) from Daiichi Sankyo, claiming the drug-maker torpedoed its attempt to boost a stake in India’s Fortis Healthcare; the next hearing is set for July 11.

Oklahoma Law On Ice.
A federal judge blocked Oklahoma’s new statute making illegal re-entry a state crime, finding the measure likely pre-empted by federal immigration authority; enforcement is paused while the suit by civil-rights groups proceeds.

THE DEAL

Wheelin' and dealin' today's corporate news

Nearmap Nabs itel.
Thoma Bravo-backed aerial-imagery firm Nearmap will acquire insurance-analytics outfit itel in a $1.3 B deal (debt included), adding claims-assessment tech used by all top-100 P&C carriers.

BioNTech’s UK Boost.
BioNTech inked an expanded partnership with the UK government, pledging up to £1.05 B ($1.33 B) for cancer-vaccine R&D facilities and clinical trials—part of its post-COVID diversification push.

BOILERPLATE

Firm News

Ukraine-Case Alum Lands.
Eric Herschmann, the ex-White House lawyer acquitted of FARA charges tied to Ukraine lobbying, has joined Foley Hoag as a litigation partner in D.C., bolstering its congressional-investigations bench.

Keller Jumps Ship.
John Keller—who quit DOJ after a high-profile dispute over campaign-finance prosecutions—has resurfaced at Ballard Spahr’s white-collar group, where he’ll focus on political-law compliance and trials.

School News

Deans v. ABA.
Forty-three law-school deans slammed the ABA’s draft Standard 303 revisions that would double required experiential-learning credits to 12 and mandate at least three clinic/externship units, warning of “significant cost spikes” and curricular squeeze. Public comment closes June 30.

Clinic Tackles Lifers.
The University of Texas School of Law launched a Prison-Pipeline Clinic aimed at clemency for non-violent inmates serving life terms, partnering with Texas Defender Service; five petitions are already in the works for fall semester filings.

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