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March 29, 2024 | Corporate Counsel

Feds Jump Into Algorithmic Pricing Suit, Say Collusion Can Occur Without Humans Uttering a Word

The Department of Justice and Federal Trade Commission are worried that the growing use of algorithms is making price fixing increasingly difficult to detect—and that the use of AI to create ever-more-sophisticated algorithms will exacerbate that challenge.
4 minute read
March 25, 2024 | New York Law Journal

Internet Law as Guide to AI Legislation

While laws and regulations may lag innovation, Internet laws and regulations are likely to be valuable guides to Artificial Intelligence legislation. Due to the similarities of Internet technology and AI technology, Internet law options and implementation strategies are expected to be applicable to AI legislation.
6 minute read
March 21, 2024 | Legaltech News

Wash, Fine, Repeat? SEC Enters Fray of Agencies Monitoring Companies' AI Use

The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
6 minute read
March 20, 2024 | Daily Business Review

Eleventh Circuit Clarifies Receiver's Power

"When the perpetrators are removed and a receiver is appointed in their place, the corporate structures are no longer the 'evil zombies' of the perpetrator; they are '[f]reed from his spell' and regain standing to sue for the return of money fraudulently transferred," the U.S. Eleventh Circuit held.
5 minute read
March 20, 2024 | New York Law Journal

Attorney-Client Privilege in the Global Economy

Lawyers involved in planning cross-border transactions and those litigating subsequent disputes need to be cognizant of what privileges apply in all relevant jurisdictions and take steps to ensure that communications will be protected in each jurisdiction.
11 minute read
Law Journal Press | Digital Book Federal Trade Commission: Law, Practice and Procedure Authors: Peter C. Ward View this Book

View more book results for the query "Federal Communications Commission"

March 13, 2024 | New York Law Journal

Financial Services Industry Group Update: $30M Fine Issued to NY Bank for Misuse of Confidential Information: What Happened?

The New York Department of Financial Services imposed a $30 million penalty on the New York branch of a foreign bank. The fine had nothing to do with employment discrimination or wage-and-hour issues—but it was the outcome of an internal transfer of a single New York-based employee to an overseas affiliate, and is a lesson in how financial services clients are at risk of penalties going far beyond those that are normally imposed by employment law regulators.
6 minute read
March 13, 2024 | National Law Journal

Goodwin, Orrick, Steptoe, Willkie Add DC Partners Amid Uptick in Lateral Moves

Goodwin brought on Lori Gordon, who was co-chair of their post-grant practice at Perkins Coie. She was one of several Am Law 200 partners to join new firms in D.C.
4 minute read
March 12, 2024 | New Jersey Law Journal

Lawyer-Lobbyist Receipts Continue to Outpace Overall Expenditures on State Lobbying

"My impression, overall, is that the utilization of law firms to take on government affairs projects and clients is increasing, which is really positive," David Pascrell, chair of Gibbons' government and regulatory affairs group, said.
8 minute read
March 11, 2024 | New York Law Journal

Artificial Intelligence Is Monopolizing the Attention of Regulators and Lawmakers

The new era of AI technology has ushered in competition concerns alongside consumer-protection fears. Accordingly, regulators and lawmakers are taking note of the AI craze and are keen on ensuring that companies involved in AI are respecting both antitrust and consumer protection laws.
11 minute read
March 07, 2024 | The Legal Intelligencer

New SEC Cybersecurity Disclosure Requirements Focus on Materiality, Governance and Supply Chain Matters

In order for public companies to make disclosures mandated by the new rules, the SEC cybersecurity requirements must flow down in contracts to companies' suppliers and partners to ensure communication, transparency, and collaboration about cybersecurity risks in the supply chain.
9 minute read

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