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July 10, 2024 | Law.com

US Court Postpones Citgo Bid Hearing Until September as Venezuela Gets Close to Losing Oil Refiner

Companies owed more than $21 billion have sought the sale of Venezuela's U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. The case has charted new legal territory for enforcement of international arbitration awards, while also penetrating the walls of sovereign and corporate immunity.
3 minute read
July 10, 2024 | Delaware Business Court Insider

Delaware Court Postpones Citgo Bid Hearing Until September as Venezuela Gets Close to Losing Oil Refiner

Companies owed more than $21 billion have sought the sale of Venezuela's U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. The case has charted new legal territory for enforcement of international arbitration awards, while also penetrating the walls of sovereign and corporate immunity.
3 minute read
July 10, 2024 | Daily Report Online

Nelson Mullins Adds Advertising Law Specialist to Expanding Practice Area From BCLP

Jim Dudukovich also served as Coca-Cola's senior marketing counsel for North America, where he had a hand in the company's Coke vs. Coke Zero hidden camera lawyer commercials.
4 minute read
July 10, 2024 | Daily Business Review

Challenge to Florida Property Law Teed Up

A federal appeals court is scheduled to hear arguments in November in a constitutional challenge to a Florida law that directs the state's handling of unclaimed property.
2 minute read
July 10, 2024 | National Law Journal

'AI Is Existential': ArentFox Schiff Turns Attention From Metaverse to AI Use Cases

The firm has several use cases for generative AI, but also knows when not to trust it, said chair Anthony Lupo.
4 minute read
July 10, 2024 | New York Law Journal

World Economic Forum, Klaus Schwab Accused of Discriminating Against Pregnant Woman, Black Employees

New York City-based employment firm Wigdor filed a complaint July 8 in the U.S. District Court for the Southern District of New York on behalf of Topaz Smith, a pregnant Black woman, who claims she was fired following maternity leave from the organization and replaced with a white woman who was not pregnant.
5 minute read
July 10, 2024 | The Legal Intelligencer

Biden's New Parole in Place Program Removes Roadblock to Lawful Permanent Residency for Family Members of US Citizens

Under the new parole in place program, spouses and stepchildren of U.S. citizens who meet certain requirements will be eligible for temporary parole in the U.S. and be able to apply for lawful permanent residence without needing to leave the country.
6 minute read
July 10, 2024 | Legaltech News

To Advance AI Efforts, Legal Professionals Launch Community on Open Source Platform HuggingFace

Lawyers, chief knowledge officers and data scientists are using HuggingFace to pull back the curtain on the artificial intelligence black box.
5 minute read
July 10, 2024 | The Legal Intelligencer

Faegre Drinker Laid Off Staff in February, Per Leaked Memo

The firm said the cuts affected less than 5% of its total operations and administrative head count.
1 minute read
July 10, 2024 | New York Law Journal

Nasdaq-Traded Blockchain Company Faces $32M Lawsuit

Ayrton Capital, who brought the lawsuit, is represented by Global 100 law firm Freshfields Bruckhaus Deringer.
3 minute read

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