King & Spalding has strategically expanded its finance practice by recruiting a team from Cadwalader, Wickersham & Taft in London. This significant move is designed to fill a market segment previously untapped by the firm. Carolyn Alford, co-leader of King & Spalding’s finance and restructuring practice group, highlighted that the new team offers capabilities that…
As summer winds down, the North Carolina Business Court has recently been involved in two significant cases: one concerning the usage rights of footage and artifacts from the shipwreck of Blackbeard’s infamous vessel, and another dealing with a cyberattack that compromised data at the law firm Cadwalader Wickersham & Taft LLP. The legal battle over…
The latest report from Human Rights Watch (HRW) accuses Lebanon and Cyprus of violating Syrian refugees’ human rights with indirect financial support from the European Union (EU). HRW detailed how both countries intercepted and forcibly returned refugees to Syria, aiming to prevent them from seeking asylum in Europe. According to HRW, Syrian refugees attempting to…
This week has seen a raft of lawyer moves that include hires by Canada’s big corporate law firms and even the appointment of a Calgary corporate partner to Canada’s Senate. Labour Day marks the end of summer and usually, a spike in lawyer move announcements. This year is no different, with major firms such as…
A coalition of civil society and journalists’ organizations has called on the European Union to take decisive action against the circulation and use of spyware. In a joint statement issued on Wednesday, they outlined their demands for the upcoming EU legislative term, emphasizing the need for a comprehensive ban on the production, sale, and use…
Amnesty International has voiced strong opposition to the newly enacted Aprajita Woman and Child (West Bengal Criminal Laws Amendment) Bill, 2024, introduced by West Bengal. This legislation, passed unanimously by the state’s Legislative Assembly on September 3, 2024, mandates the death penalty for rape cases resulting in the victim’s death or leaving them in a…
Troutman Pepper Hamilton Sanders is contending with a $59 million malpractice lawsuit filed by former client Judlau Contracting, a New York-based construction firm. The legal action, initiated in the New York State Supreme Court, attributes the alleged malpractice to both the firm and its partner, Frank Cara. Troutman and Cara are accused of “textbook malpractice”…
OpenAI has recently requested a New York federal judge to dismiss several claims in a copyright lawsuit filed against it and Microsoft Corp. by the Center for Investigative Reporting Inc. OpenAI’s argument centers on the contention that the case should be narrowed to the “core issue” of how the fair use doctrine pertains to artificial…
The Dutch Data Protection Authority (Dutch DPA) has imposed a 30.5 million euro fine on the US-based company Clearview AI for constructing an “illegal database” that contains over 30 billion images of individuals. The Dutch DPA’s investigation concluded that Clearview AI’s processing of personal data violated the European Union’s General Data Protection Regulation (GDPR). The…
Foley Hoag LLP has announced the hire of a partner-led international trade compliance team from Ashurst in Paris. The team, led by partner Olivier Dorgans, is known for assisting corporate clients with complex regulatory compliance issues related to international trade. The team also represents clients in proceedings before French, European, and American regulators. For further…
A former high-ranking executive at Discover Financial Services has filed a lawsuit against the company, claiming that it unjustly reclaimed millions of dollars in compensation. The lawsuit comes at a critical time, just as Discover prepares for a significant $35 billion merger with Capital One Financial Corp. The executive alleges that Discover used her as…
The Internet Archive has lost its appeal after book publishers successfully sued to block the Open Libraries Project from lending digital scans of books for free online. Judges for the Second Circuit Court of Appeals on Wednesday rejected the Internet Archive (IA) argument that its controlled digital lending—which allows only one person to borrow each…
Investor claims against Virgin Galactic assert that the company’s pursuit of the billionaire space race, prioritizing speed over safety, resulted in substantial financial gains for Sir Richard Branson. Allegedly, Branson made over $1.1 billion by selling Virgin Galactic shares at inflated prices, driven by non-disclosure of safety concerns. For more detailed information, visit the original…
In the complex world of law firm mergers, finding the right match can be challenging. Clashing egos, incompatible cultures, resistance to takeovers, and disputes over remuneration can often impede successful unions. However, even the pickiest firms sometimes find their ideal partner. Paul Hodkinson discusses these dynamics in his latest piece in Letter From London.
Several Wall Street law firms have been tapped to defend credit rating agencies charged by the SEC for significant recordkeeping failures, according to a recent report. Among those involved are Sullivan & Cromwell, Bracewell, Davis Polk & Wardwell, Milbank, and Meeks, Butera & Israel. Notably, Moody’s Investors Service, which agreed to pay a $20 million…
In a distressing update from Gaza, health officials announced that Israeli airstrikes over the preceding 24 hours have resulted in the deaths of at least 48 Palestinians in the region. This escalation comes at a time when the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) is conducting a crucial polio vaccination campaign…
Appellate lawyers from Harris Beach are challenging the financial barriers corporations face when disputing tax bills in New York. They argue that the pre-payment requirement imposes an unfair burden on corporations and are urging the New York Court of Appeals to deem this legislative requirement unconstitutional. This case, if accepted by the court, could reshape…
In a recent ruling, a judge determined that a plaintiff who failed to pay their legal bills cannot seek equitable relief in a malpractice claim. The judge articulated the central issue, stating, “The overarching flaw in plaintiff’s case is that her breach of contract claim is premised upon a contract she alleges […] is itself…
Philadelphia-based law firm Cozen O’Connor has significantly expanded its presence in Vancouver, aiming to establish itself as a comprehensive business service firm in Canada. The firm recently brought on a team of 22 professionals, including 13 lawyers specializing in various practice areas such as finance, mergers and acquisitions, and family office services. This team joins…
“`html King & Spalding has recently bolstered its finance and corporate practices by welcoming a 12-lawyer team from Cadwalader Wickersham & Taft to its London office. This strategic move, described by Carolyn Alford, co-leader of the firm’s finance and restructuring practice group, aims to cement the firm’s leadership position in the private credit market. “It’s…
By Alex Lawson (September 4, 2024, 5:04 PM EDT) — A New York federal judge has dismissed a copyright case brought by a photographer against DraftKings and Vox Media. The case centered around the unauthorized use of a photograph depicting New York Giants quarterback Daniel Jones. The dismissal follows news that the parties involved are…
A Second Circuit panel on Wednesday voiced some skepticism of a bid to revive a New York state judge’s lawsuit over his “exile” after he failed to get a religious exemption from the court system’s COVID-19 vaccine mandate. The judge argues that his reassignment due to his unvaccinated status constitutes punitive exile, raising significant questions…
The Fourth Circuit Court of Appeals has directed a Virginia federal court to re-evaluate a trade secrets dispute that had previously resulted in a verdict against a former employee of an industrial equipment supplier. The employee was accused of launching and operating two competing businesses while still under the original employer’s payroll. The appellate court…
The US Department of Justice on Wednesday announced the seizure of 32 internet domains linked to an alleged Russian government-backed disinformation campaign aimed at influencing US and global audiences. According to the DOJ, the operation, known as “Doppelganger,” reportedly sought to sway public opinion in favor of Russian interests and interfere in the 2024 US…
On Wednesday, the Connecticut State Police announced that a man from Connecticut has been charged with threatening to “assassinate” a judge. The threat was allegedly made during a telephone call to the state judicial branch. During the call, the man had requested access to body and motor vehicle camera recordings related to his recent arrest…