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October 03, 2024 | Delaware Business Court Insider

Texas Can't Touch Delaware on Corporate Bankruptcies

The gap between Delaware and the next most popular venue, the Southern District of Texas, widened in 2024.
3 minute read
October 03, 2024 | Corporate Counsel

FTC Goes After AI Tool That Has Capability to Mass Produce Fake Reviews

"Treating as categorically illegal a generative AI tool merely because of the possibility that someone might use it for fraud is inconsistent with our precedents and common sense," GOP Commissioner Andrew Ferguson said in his dissent.
6 minute read
October 03, 2024 | Litigation Daily

Law Firms Mobilize To Respond to Anti-DEI Backlash

With employers left wondering if their affinity group or hiring initiative will get them dragged into court, law firms are bulking up their offerings to clients worried about litigation risk.
7 minute read
October 02, 2024 | National Law Journal

Meta Hit With Class Action for Allegedly Using Pirated Books to Train AI Models

Christopher Farnsworth, author of the "Nathaniel Cade" fiction series, filed suit against Meta on Tuesday, claiming it stole "hundreds of thousands" of copyrighted books from a pirated online collection to build its large language model set, "Llama."
4 minute read
October 02, 2024 | National Law Journal

SEC Enforcement Chief Grewal—Whose Hard Line on Crypto Tormented the Industry—Stepping Down

"The bottom line is that the SEC did what it needed to do in response to the scams in crypto," said Terrence Yang, a strategic adviser to Swan Bitcoin and a former senior counsel at Merrill Lynch.
4 minute read
October 02, 2024 | National Law Journal

Smith Argues Trump's Election Interference Was a 'Private Criminal Effort'

Justifying the prosecution, Special Counsel Jack Smith's team said in the unsealed brief that although Donald Trump's "multiple conspiracies began after election day in 2020, the defendant laid the groundwork for his crimes well before then."
3 minute read
October 02, 2024 | Daily Business Review

Attorney Who Got 2,200 Spam Messages Helps With FTC Freeze

"Many of the issues that were raised in the complaint are based primarily on misunderstandings or misleading information," said counsel for the E-comm company targeted by the FTC.
5 minute read
October 02, 2024 | The American Lawyer

The Law Firms Charging Up The Global 100—And Those Sliding Down

For the majority, being locally successful is no longer enough; firms are competing on a global level.
6 minute read
October 02, 2024 | Corporate Counsel

CLO of Realtor Group Exits After Stinging Court Defeat, Internal Turmoil

In the wake of the departure of Chief Legal Officer Katie Johnson, the National Association of Realtors will "develop a comprehensive strategy for its approach to all existing litigation and begin an assessment of any additional risk the association has based on current policies and rules," CEO Nykia Wright said in an email to members.
4 minute read
October 02, 2024 | National Law Journal

DC Circuit Allows Betting on 2024 Election to Resume

The Commodity Futures Trading Commission "has not substantiated that risks to election integrity are likely to materialize if Kalshi[Ex] is allowed to operate its exchange during the pendency of this appeal," the court stated.
3 minute read

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