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Daily Business Review

Innovative Practice Group

Two technology-based practice areas — surrogacy and cryptocurrency fraud — are the basis for unique legal work at two South Florida law firms.
3 minute read

New York Law Journal

Potential Pitfalls of the BitLicense

The BitLicense imposes significant operational burdens for virtual currency businesses operating in New York or engaging in activities aimed at New York residents.
8 minute read

New York Law Journal

2 Fintech Firms Receive Stamp of Approval From NYDFS

“These approvals demonstrate DFS's commitment to protecting consumers and the virtual currency market while encouraging innovation, such as the expanded use of blockchain, and providing strong regulatory oversight to new and existing market participants,” said Maria Vullo, superintendent of the NYDFS.
3 minute read

Delaware Law Weekly

Big Law Vets Open Blockchain Boutique, Add Del. DOJ Leader

A pair of former partners at Reed Smith and Hogan Lovells launched DLx Law earlier this month. They've now named their first new attorney, a top securities enforcer for the state of Delaware.
5 minute read

New York Law Journal

Turkish Banker Gets 32-Month Sentence in Iran Sanctions Case

In a case that strained relations between the United States and Turkey, a judge sentenced a Turkish banker on Wednesday to just over two and a half years in prison, ignoring recommendations that he spend decades behind bars for his role in helping Iran evade U.S. economic sanctions.
4 minute read

The Recorder

Judge Tosses Facebook's Suit Against IRS Challenging Denial of Internal Appeal

The company sued the IRS last fall as part of an ongoing dispute over the value of assets Facebook Inc. transferred in 2010 to its Irish holding company.
3 minute read

Corporate Counsel

SEC Cutting Back on Corporate Enforcement Actions, Report Says

The enforcement decline is part of a downward trend that began in the last half of fiscal year 2017.
3 minute read

National Law Journal

What Are People Saying About Senate's New Lit Funding Bill?

The bill would require disclosure of third-party litigation funding in class actions and multidistrict litigation within 10 days of a case filing, or 10 days after a funding deal. It would also require disclosure of financing that provides cash to plaintiffs.
6 minute read

Corporate Counsel

India: An Emerging Economic Powerhouse and the Need for In-House Counsel

With sustained economic growth above 7 percent and an exploding start-up culture, the Indian economy is booming. And thanks to the ongoing economic liberalization brought about by the Modi government, it's never been more accessible for foreign companies.
4 minute read

Corporate Counsel

5 of the Biggest Compliance Questions About Renewed Iran Trade Sanctions, Answered

Greta Lichtenbaum, a partner at O'Melveny & Myers whose practice includes international trade and regulatory compliance, answered Corporate Counsel's questions about the impact on multinational companies of the Trump administration's renewed sanctions against Iran.
6 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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