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Daily Business Review

Forever 21's Bankruptcy Filing Opens Door to Redevelopment of Vacated Space

The fast fashion clothing and accessories retailer will close a third of its U.S. stores, which brokers say could make way for offices, medical marijuana facilities, esports or housing.
6 minute read

Daily Business Review

As Self-Proclaimed Bitcoin Creator Enters Settlement Talks, Lawyers Ponder Future of Bitcoin Suits

U.S. District Judge Beth Bloom approved a joint motion for settlement between Craig Wright and the estate of Dave Kleiman. The settlement discussions follow a magistrate judge's sanctions order against Wright, ordering him to forfeit potentially millions in bitcoin.
7 minute read

Daily Report Online

DeKalb Jury Awards $135M to Company in Electronic Payment Suit

A DeKalb County jury determined that Atlanta-based Global Payments Inc., one of the world's largest electronic payment processors, breached its contract with a firm that recruited merchants to use Global services after both companies were named as defendants in a CFPB lawsuit.
5 minute read

Corporate Counsel

Former General Counsel Becomes Overstock's New CEO

Jonathan Johnson served as the company's top lawyer from 2002 to 2005 and succeeds longtime CEO and founder Patrick Byrne, who stepped down after 20 years over backlash on his political comments.
2 minute read

Legaltech News

China and Japan Take it Slow With the GDPR—For Now

A new survey from McDermott Will & Emery and the Ponemon Institute places businesses in China and Japan well behind Western countries when it comes to GDPR awareness and compliance. But that may not be the case for long.
4 minute read

New York Law Journal

Some Humans (Still) Required: Court Examines 'Place of Business' Under the Patent Venue Statute

For patent venue purposes, courts must perform a heightened inquiry, determining whether the alleged infringer has a "place of business" within the district. Often, that analysis can be challenging and technical, and it is different from the normal general jurisdiction test. In his Technology Law column, Stephen M. Kramarsky discusses a recent case involving autonomous robot lockers, which offered a somewhat simplified take on the analysis that is worth a closer look.
11 minute read

Daily Business Review

Alibaba's Ma Steps Down as Industry Faces Uncertainty

Alibaba Group founder Jack Ma, one of China's wealthiest and best-known entrepreneurs, gave up his post on his 55th birthday as part of a succession announced a year ago.
4 minute read

Daily Business Review

Magistrate Judge Hits Australian Who Claims Credit for Bitcoin With Order to Pay Adversary's Attorney Fees

Federal Magistrate Judge Bruce Reinhart ordered Craig Wright to pay the estate of former cryptocurrency collaborator Dave Kleiman half of the bitcoin in his possession.
5 minute read

The Recorder

Riding the IPO Wave: The Outlook for West Coast Companies

One factor contributing to the current IPO boom is the relative ease of preparing for the offering afforded by developments in the regulatory environment.
6 minute read

The Legal Intelligencer

What Your Company Needs to Know About Social Media Influencers

The use of celebrities to promote goods and services is nothing new. The practice has evolved over the ages to take advantage of new and innovative forms of media, dating from print advertising through to the current era of social media influencers.
8 minute read

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