Navigating the Complexities of FAA Arbitration Exemptions and State Laws

For years, the legal community has scrutinized the Federal Arbitration Act (FAA)’s arbitration exemption clause for workers engaged in interstate transportation. The clause has generated substantial debate, with several disputes over which categories of workers are within the FAA’s exemption scope. Objections against the arbitration of IC misclassification cases sparked further discourse in the industry….

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Evaluating Implications of OMB’s Proposed AI Risk Management Memorandum for Federal Agencies

On November 1, 2023, the Office of Management and Budget (OMB) unveiled their proposed Memorandum on Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (Draft Memorandum). The intention behind the proposal is to provide direction and establish an extensive set of protocols for evaluation, observing and risk mitigation for federal agencies’…

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Chinese App Temu Faces Lawsuit Amid Privacy Violation Allegations: Implications for Global Tech Companies

The rapid global technological growth, while beneficial, has witnessed various accompanying legal challenges. One such emerging issue is the alleged violation of privacy rights by mobile applications. A recent example includes Chinese-owned shopping app ‘Temu.’ The company is now on the defendant’s side of a lawsuit claiming sweeping privacy violations. As law professionals would be…

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FDA Proposes Revoking BVO Regulation: Potential Impact on Food and Beverage Industries

In a notable move, the Food and Drug Administration (FDA) on November 2, 2023, suggested revoking the regulation that sanctions the use of brominated vegetable oil (BVO) in food. BVO, an ingredient that comprises vegetable oil with added bromine, prevents the separation of components in certain beverages, hence ensuring emulsification primarily in fruit-flavored sports drinks…

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Vantablack Legal Battle Sheds Light on Intellectual Property and Artistic Expression Debate

In the complicated and often ambiguous space of intellectual property law, a case has emerged that is causing ripples across the art world. This surrounds a substance known as “Vantablack”, a unique light-absorbent material known for its startling appearance. The material’s unique properties mean that it is able to absorb a staggering 99.96% of light….

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OFAC Suspends Select Venezuela Sanctions: Potential Impact on Oil, Gas, and Gold Sectors

In a recent development, the Office of Foreign Assets Control (OFAC) in the United States suspended certain sanctions set down on various Venezuela entities, specifically in the oil and gas sectors, the state-owned gold mining company, and Petróleos de Venezuela, S.A. (PdVSA), including their debt and equity. The relaxation of these sanctions occurred on October…

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FCC Sets December 1, 2023 Deadline for Radio and Television Stations’ EEO Public File Reports

All radio and television station employment units (SEUs) positioned in a range of U.S. states, including Alabama, Georgia, Colorado, Minnesota, Montana, North Dakota, South Dakota, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont have been given specific deadlines by the FCC (Federal Communications Commission) for Equal Employment Opportunity (EEO) Public File Reports. This applies…

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Axinn Case Challenges Federal Circuit’s Claim Construction Gospel: A Reevaluation of Extrinsic Evidence in Patent Interpretation

Legal professionals worldwide may have grown accustomed to the Federal Circuit’s claim construction gospel as set forth in Phillips over the last two decades. This doctrine traditionally posits the intrinsic evidence – such as claims, specification, and the prosecution history – as the key determiner often “dispositive” and is “the single best guide to the…

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UK Financial Authorities Unveil Cross-Authority Roadmap for Innovation in Payments and Money Regulation

On November 6, 2023, significant regulatory updates emerged surrounding financial regulations from the UK’s leading financial regulatory bodies. The bodies involved include the Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA). These influential institutions have made public their proposed approach towards innovation in payments, as well as innovations concerning…

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Delaware Court Denies Mootness Fee in Merger Case, Setting Noteworthy Precedent for Future Claims

On October 31, 2023, Delaware Court of Chancery’s Chancellor Kathaleen St. J. McCormick put an end to a mootness fee award petition instigated by a stockholder who was previously involved in enforcing claims for mergers agreement violation. The case, titled Crispo v. Musk, brought a cessation to the process post-merger closing. Elaborating on the grounds…

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SEC Adopts Accelerated Beneficial Ownership Reporting under Exchange Act Amendments

In a recent development, on October 10, the Securities and Exchange Commission (SEC) adopted comprehensive changes to Regulation D-G. This regulation governs beneficial ownership reporting under Section 13(d) of the Securities Exchange Act of 1934. The details can be found at JD Supra. The most noteworthy feature of this amendment is the acceleration of beneficial…

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FTC Expands Safeguard Rule: Non-Bank Financial Institutions Now Required to Report Data Breaches

“On October 27, 2023, the Federal Trade Commission (FTC) announced an amendment in the Safeguard Rule of the Gramm-Leach-Bliley Act (GLBA). The modification brings in a requirement for non-bank financial institutions to report specific data breaches and other security events to the agency”. The following report provides an overview of the rule change and its…

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EPO Shifts Stance on Priority Entitlement, Adopting a Patentee-Friendly Approach

In a noteworthy shift, the European Patent Office (EPO) has recently adopted an approach that leans in favor of patentees when assessing formal priority entitlement. This change could significantly affect the fate of European patents, which have seen an increasing trend toward invalidation through formal priority challenges and intervening prior art. The Jones Day report…

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