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New York Law Journal

EV Startup Canoo Tentatively Settles $61 Million Investor Suit

Canoo filed suit in 2022 alleging that DD Global, one of its largest shareholders, must disgorge the $61 million in alleged profits accrued from the sale of some 35 million Canoo shares in 2021.
2 minute read

The Recorder

Less Investment by Big Law in the Bay Area: Lateral Partner Hiring Falls

Top firms have hired 75% fewer lateral partners in intellectual property practices so far this year, Macrae reported.
4 minute read

The Recorder

Federal appeals panel says suspended lawyer Michael Avenatti should be resentenced

Avenatti rose to fame representing porn actor Stormy Daniels against former President Donald Trump and was later convicted of diverting money from his California clients for his own use.
2 minute read

The Recorder

Biden Nominates 2 to Southern California District Courts

U.S. Magistrate Judge Benjamin Cheeks and Los Angeles County Superior Court Judge Serena Murillo will join four other California judicial nominees awaiting U.S. Senate confirmation votes in the final months of Joe Biden's presidency.
3 minute read

New York Law Journal

New York Judge Consolidates Harvey Weinstein Cases, Pushes Retrial to 2025

"This Court observes that defendant's claim that he will be unfairly prejudiced by consolidation even with a limiting instruction is belied by the case history," Manhattan Supreme Court Justice Curtis Farber wrote in his decision.
3 minute read

Daily Business Review

'This Is Not a Coincidence': Lawsuit Blames Chatbot App Character.AI for Teen's Suicide

The suit is the first of its kind against a provider of artificial intelligence, but similar suits have been filed against social media giant Meta Platforms Inc., which owns Facebook and Instagram, and the parent companies of TikTok, Snapchat and YouTube.
6 minute read

The Recorder

Delaware Supreme Court Asked If Ellison's Plans Affected Oracle's NetSuite Acquisition

Counsel for shareholders said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal.
3 minute read

Daily Business Review

Going, Going, Gone! Florida Lawyers Up to Bat After Baseball Shatters Sales Records

Los Angeles Dodger Shohei Ohtani whacked the ball into the stands on Sept. 19, becoming the only player in MLB history to hit 50 home runs and steal 50 bases in the same season. The ball sold at auction Tuesday for $4.3 million.
6 minute read

The Recorder

Walmart agrees to pay $7.5 million to settle California suit over hazardous waste

The unlawful disposals are alleged to violate the Hazardous Waste Control Law, Medical Waste Management Act, and Unfair Competition Law.
3 minute read

The Recorder

Film Company Alleges Elon Musk, Tesla Used AI to Mimic 'Blade Runner' Scene

A lawsuit filed by Alcon Entertainment alleges Musk sought to link the new Cybercab to "strong Hollywood brands at a time when Tesla and Musk are on the outs with Hollywood."
6 minute read

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