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New York Law Journal

US Judge Allows EV Startup Canoo to Advance Lawsuit Against Investor

Canoo is represented by Kirkland & Ellis partner Aaron Marks, who argued in an amended complaint filed in September 2022 that DD Global owed disgorgement of $61 million in short-swing profits from transactions in 2021 and 2022.
3 minute read

Law.com

Shareholder Derivative Lawsuit Filed Against Discover Financial on the Heels of CEO's Aug. 15 Resignation

This complaint was first surfaced by Law.com Radar.
6 minute read

Litigation Daily

Preparing a Positive Message About DeFi for Judges and Juries

Baker McKenzie's Bradford Newman says with U.S. courts acting as de facto regulators on issues relating to decentralized finance, or DeFi, defense lawyers need to gear their approach to telling the industry's story to judges and juries.
10 minute read

New Jersey Law Journal

SPAC Controller Pleads Guilty to Insider Trading Amid Civil Suit

The charging document says Robert Del Prete must forfeit to the United States all property derived from the proceeds traceable to his commission of the offense.
3 minute read

Law.com

Washington High Court Unanimously Rejects Bank Execs' Reliance on 'Apex Doctrine' to Avoid Deposition

"The apex doctrine has not been adopted by any court in this state. We decline to adopt the doctrine because it improperly shifts the burden of proof in violation of our discovery rules and it undermines the right of access to courts," Justice Susan Owens wrote on behalf of the unanimous court.
7 minute read

Delaware Business Court Insider

Lawsuit Claims Financial Company Wrongfully Withheld $7.75M Escrow

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

New York Financial Regulator Aims to Bolster Criteria for Coin-Listing, Delisting

Department of Financial Services Superintendent Adrienne A. Harris said the guidance would make clear the regulator's expectations of entities in the cryptocurrency space.
3 minute read

The Legal Intelligencer

Duane Morris Lands 2 Securities Litigators From Maynard Nexsen in Atlanta

Terry Weiss and Stefanie Wayco arrive at the firm as it pursues growth in Texas, New York, California, Chicago and South Florida, as well as Georgia.
4 minute read

New York Law Journal

2023 GC Compensation Survey: Find Out Who's Atop New York's Rankings

Legal chiefs for private equity giants snagged three of the top 10 spots. "Their GCs have gold-plated resumes, and those resumes command a lot of gold," said Jason Winmill, an in-house consultant.
5 minute read

Corporate Counsel

Ex-FTX GC Launches Law Firm, Says His 'Hugely Disappointing Experience' Will Be Asset for Clients

"The difference between something that's illegal and something that needs your advice and counsel to get corrected is usually pretty stark," said Ryne Miller, who left FTX after CEO Sam Bankman-Fried was charged with carrying out a massive fraud.
4 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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