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August 28, 2023 | Daily Report Online

Defendants in Contested $11M Default Judgment Appeal Case to Ga. Supreme Court

"We don't think it's going to go anywhere, because the trial judge already rejected their other arguments," plaintiff-appellee counsel said. "Obviously, the defense doesn't either, or they wouldn't be trying to take it to the Supreme Court.
5 minute read
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 24, 2023 | Daily Report Online

Georgia Judges Are Quitting—And Yes—Money's a Big Part of It

The Judicial Council of Georgia has unanimously voted to accept a recommendation to reform judicial pay. Under the proposal, Georgia jurists' base salary rates would increase to become comparable to federal judges' for fiscal year 2024.
5 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 23, 2023 | The Recorder

Troutman Pepper Takes 2 Private Equity Partners as Midmarket Deal Work Moves Ahead

Bruce Steinert, a Perkins Coie partner, joined the firm in San Francisco, while Gibson Dunn of counsel Jonathan Homer joined the firm in New York.
2 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 21, 2023 | Daily Report Online

Dead in Its Tracks: A New Ruling Could Stop These Pending Cases

"[T]he General Assembly's passage of the preemption provision [in OCGA § 10-13B-1] took away any power Hospital Authority of Wayne County, Georgia otherwise may have had under OCGA § 31-7-75 to pursue claims that the preemption provision and the Settlement Act are unconstitutional," the Supreme Court of Georgia ruled.
4 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
August 14, 2023 | The American Lawyer

Deal Watch: Wachtell Leads on Week's Big Deal Talks; And Will Protectionism Alter the Global Deal Landscape?

The New York firm kept busy, with three announced mega-deal discussions in the last week.
9 minute read

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