Crypto Exchange Founder Leans on ‘Advice of Counsel’ Defense in Fraud Trial: Implications for the Legal World

FTX crypto exchange founder, Sam Bankman-Fried, is expected to employ an ‘advice of counsel’ defense tactic in his impending fraud trial. The heart of this strategy is to assign the blame, for the alleged illegalities, to what he sees as dubious advice provided by in-house counsel and a notable Biglaw firm. In essence, Sam Bankman-Fried…

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Companies Risk Lawsuits Amid Deeper Scrutiny of Diversity, Equity, and Inclusion Programs

Companies striving to enact diversity, equity, and inclusion (DEI) programs are coming under scrutiny, as practices are discovered that could potentially incite lawsuits. Law firms have found that some corporate efforts have inadvertently taken the form of discriminatory preference for certain groups, such as racial quotas and ill-equipped hiring managers who misinterpret ‘diversity’ as means…

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Navigating Legal Complexities: In-House Counsel’s Guide to AI and Intellectual Property

Generative Artificial Intelligence (AI) platforms and large language models are transforming organizations, altering traditional work norms and increasing productivity. Yet, they also bring complex legal ramifications, challenging in-house counsel to navigate this novel landscape. This issue is particularly significant for firms with an enhanced need to shield their Intellectual Property. This precis aims to underline…

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Navigating the Remote Landscape: Challenges and Opportunities for Corporate Legal Departments

Amid the new age of remote work, corporate legal teams are grappling with the challenge of demonstrating their value and building strong, trustful relationships whilst out of the office, as highlighted in the recent ALM General Counsel Summit in Sydney. According to several statements articulated by prominent general counsels, remote working setups are likely to…

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Cozen O’Connor Launches “Whistleblower Watch” for False Claims Act Updates and Analysis

The False Claims Act (FCA) has been a significant tool for combating fraud against the U.S. government. With the FCA allowing individuals (whistleblowers) who expose fraudulent behavior to potentially share in any government recovery, these exposures have become an important part of the regulatory environment. To help legal professionals stay abreast of the evolving landscape,…

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In-House Counsel Success: Navigating Corporate Law Through Relationship Building

In the demanding world of corporate law, the emphasis for in-house counsel is increasingly placed on fostering effective relationships, according to three high-profile general counsels. A detailed discussion on ensuring legal teams have a more significant impact outside the confines of the legal department can be found here. In-house counsels are finding that effective networking,…

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Adapting In-House Counsel Strategies: Balancing Technology and Trust in the Digital Era

General Counsels (GCs) speaking at the ALM General Counsel Summit in Sydney, have highlighted the need for corporate legal departments to demonstrate their value within the business setup. This sentiment becomes all the more relevant amidst the transition to work-from-home norms and tightened corporate budgets. While technological advances and generative AI have made remote work…

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Emerging Challenges Under Germany’s Supply Chain Due Diligence Act

As global discussions about trade ethics and corporate responsibility intensify, Germany has led the charge with its Act on Corporate Due Diligence Obligations in Supply Chains. However, recent developments reveal a much-elaborated landscape than initially perceived. Addressees of the legislation should, therefore, take keen note of the unfolding factors that are destined to shape its…

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United Therapeutics v. Liquidia Technologies: Analyzing Inherent Anticipation in Patent Law Developments

In the complex realm of patent law, the case of United Therapeutics Corporation v. Liquidia Technologies, Inc. offers some critical insights. This case, an appeal and cross-appeal originating from a District of Delaware decision, touches on several key issues relating to patent infringement and validity. The case centers around the status of several different claims…

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Ninth Circuit Ruling Confirms Domino’s Truck Drivers’ Exemption from Federal Arbitration Act

In a unanimous decision on July 21, 2023, a three-judge panel of the Ninth Circuit once again confirmed a ruling by a California federal court. The ruling states that truck drivers, who deliver ingredients from Domino’s Southern California Supply Chain Center to Domino’s California franchisees, are exempt from the Federal Arbitration Act (FAA). The reported…

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Effective Mediation Strategies Explored in Point-Counterpoint Dialogue Between Attorneys and Mediators

When trying to resolve disputes, lawyers and in-house counsel alike must often grapple with the question of when the best time is to engage in mediation. This conundrum, among other mediation-related topics, is comprehensively explored by the JD Supra. In particular, the article focuses on how attorneys and mediators interact during the mediation process. Each…

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