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New York Law Journal

SEC Amends 13D, But Loopholes Remain

On Oct. 10, 2023, the SEC adopted rule amendments to Schedule 13D/13G reporting of beneficial ownership. This article identifies what the authors feel are "certain information asymmetries" in the rules.
10 minute read

Legaltech News

LTN Startup Spotlight: Former US Diplomat, Advocat AI Founder Pradnya Desh Discusses Legal Tech Investment Cycles

Legaltech News caught up with Pradnya Desh, former U.S. diplomat and founder of Advocat AI, to discuss how she approached raising funds—and why she wished she raised more in her initial round.
8 minute read

New York Law Journal

Insurance Company Clear Blue Sues Aon, Alleging Fraud

The lawsuit alleges Aon "wrongfully" used its unified platform to lure clients and reap huge profits, while allowing the company's subsidiaries to violate Bermuda licenses, breach contracts, act recklessly, and generally expose their clients to substantial risk and losses.
3 minute read

New York Law Journal

'Classic Bait and Switch': Invictus Accuses Gatewood of Fraud

The lawsuit comes after Gatewood Capital Partners removed Invictus from overseeing its own flagship fund.
3 minute read

Daily Business Review

Latin American Family Offices Look Northward, Fueling Demand for Private Wealth Expertise in South Florida

"There's a small group, but there's a good group of qualified individuals in Miami to advise international clients, and I generally know all of them," said Holland & Knight partner Stewart Kasner. "We're all so busy. We don't really feel like we compete with each other."
4 minute read

The American Lawyer

Ex-Obama Secretary and China Ambassador Joins Dorsey & Whitney as Adviser

"Chinese companies need to understand our tax laws, the differences between states, et cetera," said Gary Locke. "All of this is really an extension of the work I did as governor, U.S. commerce secretary and ambassador to China."
3 minute read

Legaltech News

New Era ADR Secures Strategic Investment from Chicago Cubs VC Fund, Legal Tech Leaders

Marquee Ventures and Relativity founder and former CEO Andrew Sieja participated in the latest funding round for the fully virtual dispute resolution technology platform, which counts the U.S. Olympic Committee among its customers.
6 minute read

Legaltech News

Orrick Launches 'Tech Studio,' Offering Free Digital Resources to Support Startup Market

Orrick is looking to replicate its Tech Studio, which includes customizable forms, document generators, and a host of multimedia content, for clients outside the U.S. in the near future.
5 minute read

Legaltech News

LegalMation Raises $15 Million With Plans for New AI-Powered Litigation Tools

In addition to building new tools, LegalMation will use the funding to update its existing platform, including with more granular settlement recommendations and litigation insights, among other changes.
3 minute read

New York Law Journal

Lowenstein Sandler Taps Ex-Shearman Partner as Funds Co-Chair

Michael Saarinen left Shearman weeks after partners overwhelmingly voted in favor of the merger with Allen & Overy.
4 minute read

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