JD.com Wins Antimonopoly Suit Against Alibaba 

Alibaba Group was found to have abused market dominance and engaged in monopolistic practices, JD said, citing a court filing

Chinese e-commerce giant JD.com said it won a lawsuit against rival Alibaba Group Holding, which was fined 1 billion yuan ($140.7 million) over monopolistic practices.

Zhejiang Tmall Network, Zhejiang Tmall Technology and Alibaba Group were found to have abused market dominance and engaged in monopolistic practices, causing severe damages to JD.com, it said in a statement Friday, citing a Beijing court ruling.

The practice known as "choosing one between the two" forces...

To Conform with Recent Supreme Court Decision, EPA and Army Amend “Waters of the United States” Rule

Today, the U.S. Environmental Protection Agency (EPA) and the U.S. Department of the Army (the agencies) announced a final rule amending the 2023 definition of “waters of the United States” to conform with the recent Supreme Court decision in Sackett v. EPA. The agencies are committed to following the law and implementing the Clean Water Act to deliver the essential protections that safeguard the nation’s waters from pollution and degradation. This action provides the clarity that is needed to advance these goals, while...

High Bluff Capital Partners Emerges as Winner in Auction for 81 Hardee’s Restaurant Locations

High Bluff Capital Partners, the experienced investment firm driving the revitalizations of Church’s Texas Chicken, Quiznos and Taco Del Mar, will assume ownership of 81 Hardee’s restaurant locations, following a court-approved auction process for the assets of Summit Restaurant Group and related entities, a former Hardee’s operator that filed for Chapter 11 in May. The Sale Hearing in the Chapter 11 case is set for July 18, 2023. The transaction is expected to close in August.

With locations in Alabama, Florida, Georgia...