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December 20, 2024 | Law.com

5th Circuit Overturns OFAC’s Tornado Cash Sanctions

This court ruling, which limits what can be designated or sanctioned by the U.S. government, has been hailed as a victory for the crypto industry, and it could also carry implications for the future of OFAC enforcement in a post-Loper Bright reality.
5 minute read
December 19, 2024 | National Law Journal

US Reviewer of Foreign Transactions Sees More Political, Policy Influence, Say Observers

“One of the challenges to this whole process is how does one define national security,” said attorney Justin Huff of Dorsey & Whitney, who served on the Committee on Foreign Investment in the United States at the Treasury Department under the Obama and Trump administrations.
4 minute read
December 19, 2024 | New Jersey Law Journal

Meet the Judges: Senate Confirms 7 Superior Court Nominees in Final 2024 Session

In the New Jersey Senate’s final 2024 session, the legislators confirmed a new Mercer County prosecutor and seven nominees to the Superior Court.
3 minute read
December 19, 2024 | New York Law Journal

‘Hawk Tuah Girl’ $440 Million Meme Coin Collapse Sparks Legal Battle

A crypto coin inspired by the viral social media meme suffered a near-total collapse in less than a day, leading a group of investors to file suit against founders of the cryptocurrency.
4 minute read
December 19, 2024 | Corporate Counsel

'Everything From A to Z': University GCs Tested by Legal, Financial, Societal Challenges

“The issues in higher education are some of the most compelling out there right now,” said David Simon, former general counsel of the Philadelphia College of Osteopathic Medicine.
6 minute read
December 19, 2024 | Law.com

High Court May Limit the Reach of the Wire Fraud Statute

On Dec. 9, 2024, the Supreme Court heard oral argument in 'Kousisis v. United States', which considers the viability of the fraudulent inducement theory under which the government argues that deception to induce a commercial exchange can constitute mail or wire fraud, even if inflicting economic harm on the alleged victim was not the object of the scheme.
5 minute read
December 19, 2024 | Legaltech News

The Future of AI and Antitrust Under Trump

AI antitrust issues are poised to take center stage as the president-elect returns to the White House.
5 minute read
December 19, 2024 | New York Law Journal

Construing Separate Contractual Instruments As One

The authors write "It is common in complex commercial transactions, and even in some less complex ones, for the parties to enter into a series of contracts setting forth their various agreements. Such agreements executed at the same time can address different aspects of the transaction, different rights and obligations, or involve different parties. Contracts related to a common matter can also be executed at different times as a transaction matures or as circumstances change."
10 minute read
December 19, 2024 | New York Law Journal

Enemy of the State: Foreign Sovereign Immunity and Criminal Prosecutions after ‘Halkbank’

Now that the Halkbank and In re Grand Jury Subpoena decisions have made clear that foreign sovereign immunity does not prevent DOJ from enforcing grand jury subpoenas through criminal contempt charges, state-owned corporations must understand these risks and incorporate them as the costs of doing business in the United States.
10 minute read
December 18, 2024 | The Recorder

US to pay nearly $116M to settle lawsuits over rampant sexual abuse at California women's prison

“I hope this settlement will help survivors, like me, as they begin to heal – but money will not repair the harm that BOP did to us." — Aimee Chavira, plaintiff and former inmate at now-closed prison in Dublin, California.
5 minute read

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