Legal professionals worldwide may find interest in a recent case where global law giant, Dechert, is facing potential sanctions and civil contempt motions. The firm stands accused of failing to comply with discovery deadlines in a lawsuit connected to aviation entrepreneur Farhad Azima. Azima has alleged that he was the target of a hack-and-smear campaign…
Ceribell, an AI-powered neurodiagnostics firm based in Sunnyvale, California, has announced the appointment of former Pfizer lawyer, Louisa Daniels, as its first General Counsel. Daniels brings an impressive track record to the position, boasting over three decades of experience in the biopharma industry. Her professional journey includes an extensive tenure at Pfizer where she served…
The U.S. Securities and Exchange Commission’s (SEC) concluded lawsuit against Impact Theory LLC is having unforeseen ramifications for the non-fungible token (NFT) sector, creating an intricate matrix of regulatory uncertainties. The claim centered on the notion that the media company accrued approximately $30 million via unregistered crypto asset securities. National Law Journal reports that this…
As law firms grapple with their internal policies on Artificial Intelligence (AI), their clients likewise seek to understand the ramifications of this rapidly evolving technology on their businesses. This need has led to a surge in demand for legal counsel specifically on the implications, opportunities, and challenges tied to AI. Large law firms are now…
In antitrust law, a new theory circulating within the legal circles highlights the cross-market effects, particularly in relation to hospital mergers. For a significant period, antitrust implications of hospital mergers have been traditionally examined within the context of competition for patients within the same local market. The emerging theory broadens this perspective. Coined as the…
Last July, media reform activists petitioned the FCC to revoke Fox News’ local broadcast license in Philadelphia, accusing the news outlet of spreading election fraud propaganda and, thereby, potentially violating the “character clause” of the Communications Act. The act determines whether an organization should hold a broadcast license. Techdirt reported on this development at the…
In a significant turn of events, the Fourth Circuit has reversed a previous judgment consolidating customer lawsuits resulting from a 2018 data breach suffered by a multinational hotel corporate franchise. The original verdict had permitted a class certification in the high-profile consumer data breach case, but the recent decision throws this ruling into ambiguity, drawing…
In a recent move that highlights the ongoing rigour in the telecommunications regulatory landscape, the Federal Communications Commission (FCC) has admonished telecom companies with a hefty penalty for failing to safeguard the privacy of their customers. The stern directive recalls the strict enforcement of the protection of Customer Proprietary Network Information (CPNI). Issuing a Notice…
In this month’s edition of MarkIt to Market®, we focus on the third part of our series: “How to Lose a Mark in 3 Ways”. This installments deep dives into the topic of Naked Licensing. Trademarks are integral tools for brand owners, offering a means to build and effectively communicate brand reputation and its perceived…
In recent years, the U.S. Food and Drug Administration (FDA) has demonstrated its ongoing commitment to support advancements in the field of neurotechnology. Its approach underscores the agency’s willingness to consider submissions for medical devices such as Deep Brain Stimulation (DBS) and Transcranial Magnetic Stimulation (TMS). DBS and TMS devices use different approaches to stimulate…
This August 2023, Sterne Kessler’s MarkIt to Market® has published its newsletter that wraps up their series regarding the potential ways a firm can lose its trademark rights. This edition, the highlight of the discourse centers around an investigation into ‘naked licensing’. Naked licensing happens when a trademark owner grants permission to another party to…
The Pregnant Workers Fairness Act (PWFA), a critical piece of legislation signed into law on December 29, 2022, has come into effect as of June 27, 2023. The Equal Employment Opportunity Commission (EEOC), in response, has begun accepting PWFA charges and has issued a series of resources and guidelines enabling employers to comply with these…
On August 25, 2023, the National Labor Relations Board (NLRB) published a final rule with important revisions to election proceedings. Having reprised its 2014 strategy, the NLRB is set to expedite union elections and certification processes, a move which some critics view as a reinstatement of “ambush” elections. According to a report by Bond Schoeneck…
Vorys Sater Seymour and Pease LLP, a prominent law firm, is strategically bolstering its team in Texas, with a notable addition from Sheppard Mullin Richter & Hampton LLP. The firm recently appointed a distinguished intellectual property attorney from Sheppard Mullin as a partner in its Houston office. The move demonstrates Vorys’ endeavor to expand its…
In a recent turn of events, Bryan Clarence looks to Elliot Berke, enlisting him to represent in an ongoing ethical quagmire. This is seen as the first sign of Bryan Clarence Thomas taking his scandals seriously. This story was captured by Bloomberg Law News. Furthermore, the newest report from Cornell Law professor Michael Dorf analyzes…
The fascinating world of Generative AI, prominently manifested through ChatGPT, is increasingly encroaching on public awareness. Its rise is spurring an interesting mix of potential fear and promise in regard to the future of work. As its relevance in the professional world becomes more profound, it opens up new opportunities for removing some traditionally tiresome…
When it comes to establishing successful attorney-client relationships, one of the key factors lies in the content and structure of a lawyer’s biography, popularly referred to as attorney bio. Despite its significance, research suggests that these profiles are often overlooked or omitted during the process of client decision making, largely due to their lengthy and…
In a historic first quarter, Sergio Ermotti, the new CEO of UBS Group AG, led the bank to noteworthy profit margins following its emergency takeover of Credit Suisse. However, the real challenge lies ahead for Ermotti and his team: the recovery of over $200 billion in assets that Credit Suisse’s clients withdrew in the quarters…
Alphabet Inc.’s Google requested a federal court grant them permission to interview the U.S Department of Justice’s top antitrust official under oath. Google alleges that this official, Jonathan Kanter, carries a ‘deep-seated bias’ that spurred on the federal government to sue Google over antitrust violations. Prior to his role as assistant attorney general for antitrust…
The accelerated pace of news stories throughout the summer has meant that major events may have slipped through the purview of even the most diligent still on duty. Whether you took time off for rest or to manage the paradoxical workload of 2023, here’s a quick recap of some significant legal news posts you might…
Lawyers, corporate leaders, and human resource professionals should take note of a brewing legal dispute concerning employer responsibility around employee commute accommodations for disabilities. The divide within federal appeals courts on this issue may manage to resolve without the need for intervention by the US Supreme Court. The US Court of Appeals for the Seventh…
The ongoing pandemic has triggered a different set of concerns for law firms and in-house legal departments. One of these issues centers on nurturing relationships with ‘Zoom Associates,’ the new cadre of legal practitioners who have onboarded and are operating in a substantially remote work environment. Certain partners have expressed dissatisfaction with the current skill…
Former US House Speaker Nancy Pelosi has called for regulatory measures on the rapidly advancing field of Artificial Intelligence (AI). During a Bloomberg Television interview, Pelosi described AI as a double-edged sword. She stressed that AI regulations should aim to protect creative work in industries such as entertainment. Significantly, Pelosi did not provide concrete specifications…
A lawsuit has been filed against Mitsubishi UFJ Morgan Stanley Securities by Tokyo-based Yamazaki Marunouchi Law Office, with proceedings lodged at the Tokyo District Court. This legal action represents 66 Credit Suisse Additional Tier 1 (AT1) bond investors, who are claiming approximately $36 million in compensation. Details regarding the case have been obtained from Law.com…
A recent court decision against Robinhood, the popular stock trading platform, may trigger compliance issues for financial service providers globally. While details on the implications of the ruling are still emerging, it’s clear that the landscape of regulatory compliance could be reshaped significantly. This recently-published piece enlightens us on the verdict’s potential impact. The ruling…