Arbitration has traditionally served as an alternative to litigation in the field of construction disputes. Many construction agreements incorporate clauses that reference arbitration, with several of these bringing into play particular rules set by designated arbitration providers. Lately, though, procedural issues within this area have been brought to light, particularly pertaining to the state of…
The peculiarities of Rule 30(b)(6) under the Federal Rules of Civil Procedure have been a hot topic of discussion in legal circles recently. In accordance with Rule 30(b)(6), when a corporation is involved in litigation and a deposition is required, the corporation must designate an individual to testify on its behalf. This individual is tasked…
As the globe continues to navigate an uncertain economic landscape, with challenges such as climbing interest rates, inflation and the looming threat of a potential recession, the Mergers and Acquisitions (M&A) activity landscape is also adjusting. Industry experts suggest that the future may include an increased prevalence of transactions involving distressed targets, particularly within the…
Corporate law saw an intriguing case arise recently when the U.S. District Court for D.C. refused to dismiss a lawsuit implicating an alleged “pump and dump scheme”. This case brought a fresh perspective as it involved contemporary elements like tweets and emojis, effectively casting a new light on the application of Sections 13(d) and 14(d)…
In an unexpected turn of events, The Washington Post uncovered on July 13, 2023, that the Federal Trade Commission (FTC) has issued a Civil Investigative Demand (CID)—which acts much like a pre-litigation subpoena—directed at OpenAI, LLC. This company is a renowned developer of technologies like ChatGPT and DALL-E. This surprising news has reverberated throughout the…
In a recent ruling by the U.S. Court of Appeals for the Federal Circuit, it has been determined that a claim to a treatment method for pulmonary hypertension cannot be invalidated for lacking enablement or written description. The case at hand is United Therapeutics Corporation v. Liquidia Technologies, Inc. The court declared that the claims,…
Section 220 of the Delaware General Corporation Law sets a precedent that any stockholder in a corporation has a right to inspect the books and records of that corporation. Utilized as a legal tool, a books and records request allows stockholders to gather necessary information ahead of filing a derivative lawsuit against officers and directors….
The advent of artificial intelligence (AI) is transforming various industries worldwide, and the sports sector is no exception to this technological revolution. Since the inception of the “Moneyball” theory, which heavily relied on technology to influence sports consumption and analysis by fans and experts, the sports industry has seen substantial developments in the use of…
The sphere of defamation law is set to have its landscape altered with the breaking news that partners Clare Locke, who were instrumental in securing the $787 million settlement in the Fox News-Dominion case, are setting up their own defamation boutique. This shift comes at a time when the market for defamation lawyers is growing….
On July 26, 2023, the Securities and Exchange Commission (SEC) significantly shifted the landscape of cybersecurity accountability for public companies. The SEC convened an open meeting where it was decided to adopt final rules requiring the standardization of cybersecurity disclosures by public companies (JD Supra). These new rules mark a strict departure from the previous…
The possibilities and implementation of Artificial Intelligence (AI) are advancing rapidly around the globe, raising new and complex legal issues. This second installment in a series on US regulation of AI systems turns to state-level legislation and significant litigation relevant to AI systems, offering insights and predictions about the future of AI regulation. The first…