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Litigation Daily

3 Use Cases for AI in Litigation Finance

David Perla, the co-chief operating officer of Burford Capital, outlines where he sees artificial intelligence helping the litigation finance firm make more and better investments.
5 minute read

New York Law Journal

In Guidance, NY Bank Regulator Stresses Ensuring Directors' Character, Fitness

The Department of Financial Services' guidance follows its regulatory takeover of New York-based Signature Bank in March, citing emerging weaknesses in corporate governance before its collapse.
2 minute read

The Legal Intelligencer

Stradley Ronon Taps Litigation Leader as New Managing Partner

Former litigation department chair Michael O'Mara stepped into the role earlier this month, succeeding Jeffrey Lutsky, who remains co-chair of the firm.
3 minute read

The Recorder

NYC Sues FDIC, as Receiver for Silicon Valley Bank, for $2.1 Million Tax Claim

Silicon Valley Bank was shut down and the FDIC was appointed as receiver in March 2023, making the FDIC liable for tax claims against the financial institution, the complaint said.
2 minute read

Law.com

CFTC Charges Crypto Platform Debiex With $2.3M 'Pig Butchering' Digital Asset Scheme

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.
4 minute read

The American Lawyer

Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe

"One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time," Stephen Aschettino said of his former firm. "The reasons for that have never been articulated."
5 minute read

Law.com

HomeStreet Bank Faces Class Action Over Multiple Charges for Single Transaction

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
3 minute read

New York Law Journal

Is RPAPL §1301 Really an Impediment to Pursuing a Guaranty Claim?

Scott Weinberg and Joel Haims discuss New York's "Election of Remedies" statute, examining whether it really has a material impact in practice.
6 minute read

Law.com

PNC Bank, SRS Acquiom End Nearly 5-Year Litigation Over Misappropriated Trade Secrets With Settlement

The lawsuit alleged that former SRS employees used their protected, "one-of-a-kind" tools to help companies in mergers and acquisitions transactions in PNC's development of its own M&A products.
3 minute read

New York Law Journal

Morgan Stanley Agrees to Pay $249 Million to Resolve Block Trading Investigations

Manhattan U.S. Attorney Williams emphasized that the resolution also demonstrates that his office is willing to "evaluate each case and each prosecution on its facts and circumstances" and consider alternatives to prosecution.
3 minute read

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