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September 07, 2023 | The Legal Intelligencer

Second Circuit Finds Syndicated Loan Notes Are Not Securities

The court affirmed the U.S. District Court for the Southern District of New York's decision that notes issued from the syndicated loan transaction were not securities under the application of the test set forth in the U.S. Supreme Court's decision in Reves v. Ernst & Young.
8 minute read
September 06, 2023 | Legaltech News

For Law Firms, Launching Generative AI Chatbots Requires More Than Just Novel Technology

Several law firms have consulted with their insurance providers and updated their trainings and policies to support launching generative AI powered chatbots internally. But it is still early days, and more changes may be needed ahead.
5 minute read
September 05, 2023 | Law.com

Readers' Poll Results: Lawyers and Staff Foresee More Law Firm Layoffs, but Caution Against 'Overcorrecting'

"Firm is saying we have too much headcount, but we all know this is to ensure partner comp remains unaffected," one respondent said.
6 minute read
September 05, 2023 | Daily Report Online

On the Move: Greenberg Expands Atlanta IP Practice; Taylor English Partner Heads to Townsend & Lockett

Trenton Ward's addition to the Atlanta office is part of "our ongoing vision" of building the IP practice across Greenberg Traurig, said the chair of the Atlanta IP and technology practice.
5 minute read
August 29, 2023 | National Law Journal

EPA Narrows 'Waters of the US' Definition to Align With Supreme Court Decision

"This is going to result in the narrowest Clean Water Act jurisdiction in at least 30 years," said environmental law attorney Jeffrey Porter.
4 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Troutman Sanders"

August 28, 2023 | The Legal Intelligencer

Continued Challenges Arising From SPAC-Related Litigation

Recent decisions by the Delaware Court of Chancery demonstrate that when a SPAC transaction and the disclosures surrounding it are challenged, defendants may face an uphill battle to prevail on a motion to dismiss, especially where breach of fiduciary duty claims have been asserted.
7 minute read
August 23, 2023 | Legaltech News

Troutman Pepper Rolls Out Proprietary Gen AI Chatbot 'Athena' With Painstaking Care

With its new chatbot Athena, powered by OpenAI's GPT-3.5, the firm is drawing an unequivocal line when it comes to certain use cases—and keeping a watchful eye.
3 minute read
August 21, 2023 | The American Lawyer

Remote Flexibility Helps Fish & Richardson Land Talent in Hot IP Lateral Market

The firm has hired nine lateral associates this year and plans to hire an additional nine to service heightened demand for patent litigation.
3 minute read
August 18, 2023 | National Law Journal

Bankruptcy Code Does Not Preempt State Creditor-Harassment Claims, 4th Circuit Rules

Divided appeals court says state claims are in keeping with federal law's goal of giving debtors "a fresh start."
4 minute read
August 16, 2023 | Law.com

'Significant Guidepost in Bank Litigation': Va. Appeals Court Rules Credit Union Not Liable for Scam Wire Transfers

"We decline to extend a duty to mandate the reporting of elder abuse or to mandate an action by a financial institution when elder abuse is suspected where the plain language of a statute clearly says otherwise," the appeals court said.
7 minute read

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