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June 06, 2023 | National Law Journal

Crypto Turns to Big Law for Defense Amid SEC Crackdown

Several former SEC government officials are defense counsel for the crypto companies.
5 minute read
June 06, 2023 | New York Law Journal

NY Appeals Court Rules for Jay-Z on Fragrance Company's Attempt to Upend Jury Verdict, Avoid Counterclaim Payout

A Manhattan-based appeals court has come down in favor of Jay-Z in his long-running battle with Parlux Fragrances over a cologne it claimed he failed to promote, turning back the company's attempt to flip a 2021 jury verdict and affirming the rapper's $6.78 million counterclaim award.
6 minute read
June 02, 2023 | Law.com

Appellate Court Sides With Newspaper's Coverage of Judge's 'Warning Shot' Incident

"Even were we to reach a contrary conclusion as to the defamatory nature of the statements in question, we would conclude the respondent judge erred in denying the motion for summary judgment based on a lack of actual malice," Judge Michael F. Kelly said.
6 minute read
June 02, 2023 | Delaware Business Court Insider

Jury Verdict in Medical Patent Case Overturned, Highlighting USPTO and FDA Disconnect

The ruling speaks to a frequently occurring issue, said a lawyer in the case: a lack of transparency between the USPTO and FDA that's allowed those seeking to patent medical devices to make conflicting representations to the two agencies.
3 minute read
June 02, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

A team from Paul, Weiss, Rifkind, Wharton & Garrison convinced the Second Circuit to vacate a $570 million trade secrets damages award against their client, IT services firm Syntel.
6 minute read
Law Journal Press | Digital Book Texas Legal Malpractice & Lawyer Discipline 2024 Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner View this Book

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June 01, 2023 | New York Law Journal

Plaintiffs in Securities Fraud Class Action Against Elon Musk Seek to Add Insider Trading Allegation

The suit accuses Musk and Tesla of manipulating the market for the Dogecoin cryptocurrency and causing billions of dollars in losses to investors. The original complaint was filed by Evan Spencer of Evan Spencer Law in June 2022.
3 minute read
June 01, 2023 | Daily Business Review

Will Miami Mayor's Quinn Emanuel Side Gig Earn Fresh Scrutiny?

Francis Suarez, who's weighing a bid for the GOP presidential nomination, isn't the first Florida politician to draw a salary from a law firm while holding office.
5 minute read
May 31, 2023 | The American Lawyer

Former Sullivan & Cromwell Chair Dies at 89

Ricardo A. Mestres Jr. practiced at Sullivan & Cromwell for 62 years, leading the firm from 1995 to 2000.
2 minute read
May 31, 2023 | Law.com

After Testy Trial Wraps, Video Game Developers Await Verdict in Copyright Battle Over Record-Selling 'PUBG: Battlegrounds'

In the midst of multiple battles over the legal copyrights to one of the most successful video games of all time, game developer Krafton is awaiting a jury verdict in the Northern District of California on an allegedly breached settlement over the rights to its hugely popular "PUBG: Battlegrounds."
3 minute read
May 31, 2023 | National Law Journal

How Much Will US-China Geopolitics Threaten Law Firms in Asia?

China's former zero-COVID policy is still having lingering effects on its economy, the country's housing boom is over, its shrinking population is becoming a serious problem, and its prosperous residents have spent the last two years offshoring their wealth to countries like Singapore and the U.K. But it is the decoupling of the world's two largest economies that poses the biggest threat to law firms in Greater China, lawyers say.
7 minute read

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