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June 21, 2024 | The Recorder

Lawyers Preview Tom Girardi's Defense: He Wasn't the One 'Running the Machine'

Tom Girardi's lawyers outlined their criminal defense on Thursday: the former chief accountant of his now defunct law firm, Girardi Keese, stole client funds while hiding the financial information from their client, who was already suffering from cognitive decline.
4 minute read
June 20, 2024 | Legaltech News

Former FBI Cyber Expert on How AI Will Exacerbate Law Firms' Wire Transfer Vulnerabilities

One of the highest points of vulnerability for law firms exists when they are conducting wire transfers during a class action payment, said Todd Doss, a senior managing director with Guidepost Solutions.
6 minute read
June 20, 2024 | Law.com

Guidance on the Enforceability of Lockup Provisions

A recent decision from Chief Judge Glenn of the Southern District of New York Bankruptcy Court provides clarity to creditors and debtors alike in cases where the parties' settlement negotiations include an agreement requiring a creditor to support the debtor's Chapter 11 plan.
11 minute read
June 20, 2024 | Texas Lawyer

Firearms in Texas: What Employers Need to Know

"Firearms are a reality that Texas employers should not ignore, but there are steps they can take to help ensure a safer workplace," write Stephen Roppolo and Brett Holubeck of Fisher & Phillips.
6 minute read
June 18, 2024 | Texas Lawyer

Paul Hastings Adds Vinson & Elkins Litigation Partner in Dallas

At Paul Hastings' Dallas office, Vinson & Elkins partner Manuel Berrelez joins a large finance team that moved to Paul Hastings in Dallas and Houston in March.
3 minute read
Law Journal Press | Digital Book Maximizing Law Firm Profitability: Hiring, Training and Developing Productive Lawyers Authors: Debra Forman View this Book

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June 18, 2024 | The American Lawyer

Clifford Chance: Where Next for the UK's Original Private Equity Golden Child?

The firm's famed private equity offering has long been a place U.S. firms hire from—but leaders Jonny Myers and Spencer Baylin believe the market is shifting in their favor.
10 minute read
June 17, 2024 | Law.com

The Real Impact of the Biden Era on M&A

"Changes in the merger review process has undoubtedly increased the cost and resource burden on merging parties," write Elizabeth Suarez, Kaylynn Moss and Terry Calvani.
13 minute read
June 17, 2024 | New York Law Journal

Crypto Exchange Gemini Reaches $50M Settlement With New York

The prior bankruptcy settlement resulted in earned users receiving 97% of their assets that were not returned, "leaving a 3% stop," according to a source familiar with the settlement. And the latest settlement gives back that 3%.
3 minute read
June 14, 2024 | Law.com

Amazon Accused of Monopolizing Audiobook Market in Antitrust Class Action

"Audiobooks are listened to by millions of Americans. We are proud to represent a proposed class of authors who create the content we enjoy and are striving in this case to unwind and undo the harm authors have suffered by amazons' abusive monopoly practices. Taking 60 to 75 percent of sales is outrageous and amazon is able to do so only because of its monopoly power," Reiss' attorney, Steve Berman of Hagens Berman Sobol Shapiro, in Seattle said.
4 minute read
June 14, 2024 | Law.com

Recent Revisions to the NVCA Model Forms

The National Venture Capital Association (NVCA), the self-designated flagship trade association of the venture capital (VC) industry, has developed a widely used set of annotated model legal documents as the starting point for negotiating VC financing transactions.
9 minute read

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