"The lawsuit alleged, among other things, that the landline telephone assets that Spinco and FairPoint received in exchange for their cash, stock and debt securities were effectively worthless and made Spinco and FairPoint immediately insolvent at the time of the transactions," said McKenna.

In October 2022, an Illinois jury handed down a first-of-its-kind verdict holding BNSF Railway Company liable for no fewer than 45,600 reckless or intentional violations of Illinois' Biometric Information Privacy Act (BIPA).

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