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Daily Report Online

'Seize the Assets and Levy the Accounts': $1.1M Judgment in Georgia

"He persuaded [the plaintiffs] to invest over a million dollars of their life savings with him, all of which immediately disappeared," said plaintiff counsel Drew Beal of Beal, Sutherland, Berlin & Brown in Atlanta.
4 minute read

National Law Journal

Treasury Department Will Take Lead on Biden's Order Limiting Outbound Investment

The order can be "viewed as a roadmap to Treasury's current thinking, none of which is unexpected, although the details will matter," said Morgan Lewis partner Giovanna Cinelli.
4 minute read

National Law Journal

Anticipated Outbound Investment Screening Requirements to Pose Challenges While Scope Is Still Unclear, Attorneys Say

Outbound investment screening regimes for companies investing in China and other countries viewed as strategic competitors will require companies to get a head start now to evaluate the extent of exposure risks.
5 minute read

Daily Business Review

MoFo Corporate Partner Jumps to Holland & Knight, Predicts Tough LatAm Deal Market

Alexandra Aguirre joined Holland & Knight in Miami after three years at Morrison & Foerster, where she opened the firm's Miami office with a group of Greenberg Traurig corporate lawyers.
3 minute read

Daily Business Review

Reed Smith, Dentons Target Latam Disputes with Miami Partner Hires

Former Akerman partners Francisco Rodriguez and Sandra Millor moved to Reed Smith this month while Dentons added partners Angel Cortiñas and Jonathan Kaskel from Gunster.
4 minute read

Corporate Counsel

Will Legal Departments Cut Back on Outside Counsel? Experts Weigh In

"I have not seen a lot of spend reduction driven by the pandemic itself, but more due to business factors, some of which might be pandemic related," Ken Callendar, Value Strategies managing principal, said.
3 minute read

Legaltech News

Did 'Silicon Valley' Get CFIUS Right? Can It Really Ruin Everything?

While CFIUS can't stop a U.S. company from relocating overseas just because the committee decides that some dating data is a national security risk, companies should be aware of CFIUS' powers so they don't get caught having a classic Gavin Belson meltdown at the 11th hour.
7 minute read

Daily Business Review

Ex-CEO of Florida Hospital Wins Round in $30M Libel Case Against CNN

The panel rejected arguments by CNN that Georgia's anti-SLAPP statute mandated the dismissal of a defamation lawsuit.
4 minute read

Daily Report Online

11th Circuit Rejects CNN Effort to Dismiss $30M Libel Claim

The panel rejected arguments by CNN that Georgia's anti-SLAPP statute mandated the dismissal of a defamation lawsuit.
4 minute read

Corporate Counsel

CFIUS Pilot Program May Not Cast as Wide a Net as Feared, Experts Say

Last week's sudden announcement that more foreign investments in American technology businesses would be subjected to national security reviews as early as November as part of a federal pilot program startled many, but some international trade law experts say not as many businesses may be affected as initially feared.
4 minute read

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