Speculations grow about a potential resurgence in the IPO market by 2024, putting a spotlight on the opportunity for General Counsels to amplify their career growth. Following some notable IPOs of 2023, for instance, the personal shopper service Instacart and the chip designer Arm, experts foresee an environment conducive to more firms going public. Analysts…
In a recent development within the field of environmental justice (EJ), anailed as first-of-its-kind lawsuit was dismissed this week by the court. The suit had been filed by a collective of Louisiana based churches and non-governmental organizations (NGOs). As per the court’s decision, the issues raised by the plaintiffs in the case were found to…
In the summer a few years back, a seemingly minor incident—an Avianca airline cart allegedly bumping the knee of a passenger named Roberto Mata on a New York-bound flight—effects were far and wide-reaching. The ensuing legal fiasco turned out to be a prime example of how generative artificial intelligence tools can hallucinate. This occurred when…
Recent developments have unfolded in the advertising law space, as disclosed during the recent ANA Masters of Advertising Law Conference. The spotlight was shining brightly on regulators and industry figures who had insightful contributions to make, stirring up thoughtful discussions and potential future directives. The panel saw the inclusion of the Federal Trade Commission (FTC)…
In a twist of irony, Invictus Global Management, a hedge fund known for its investments in troubled firms, is facing critical scrutiny in relation to a bankruptcy it had invested in. The fund placed a significant wager on an anti-cyber-fraud company that has since been declared bankrupt due to alleged fraud within its own ranks….
In recent years, pay transparency has manifested as an enduring trend in legislation. Pay equity, in specific, continues to gain momentum nationwide, with several legislation efforts focused on this arena. This movement was previously highlighted in our first review pertaining to salary range disclosure legislation. Looking ahead, the spotlight now turns to mandatory pay data…
In an increasing world of digitisation, the health sector is not far behind. This year marked significant shifts in digital health law, with the U.S. and global contributors making substantial updates. A recent report unpacks the developments that have shaped the digital health landscape throughout the year. Two main areas of focus have cropped up…
In the realm of litigation, one paramount aspect that every party involved should scrutinize is whether the claim has been timely filed. This simple yet foundational step is often overlooked by litigants, with potentially catastrophic outcomes for cases that otherwise exhibit merit. A case brought forth too late can suffer dismissal, even if it possesses…
The historic expansion of clean energy tax credits in the Inflation Reduction Act has drawn a great spotlight, however, the methods for monetizing these tax initiatives could have more exposure. The primary participants of the burgeoning tax credit transfer market have primarily been large, renowned corporations. Meanwhile, potential stakeholders such as individuals, partnerships, S corporations,…
Coming Monday, the U.S. Supreme Court resumes session after the long holiday weekend, with two significant matters lined up for deliberation. The court will be examining the appropriate criteria to invoke for sentencing recidivist offenders under the Armed Career Criminal Act. The question raises pressing concerns about the management and fair sentencing of repeated felony…
As the year draws to a close, law firms and corporations globally have much to be thankful for, particularly as it pertains to advancements in legal technology. Notably, one of the more exciting developments in this realm is Spotlight AI, a tool expected to provide significant advantages to the legal industry. As Thanksgiving approaches, the…
As the holiday season approaches, traditionally a period for reflecting and giving thanks, the legal profession has its moment of recognition. The American Lawyer recently held its prestigious industry awards gala, celebrating the finest large-scale law firms worldwide. The highlight of the night was the award for Law Firm of the Year. Establishing such an…
The National Association of Attorneys General (NAAG) 2023 Consumer Protection Fall Conference ended on a high note with decisive discussions on fake reviews and generative AI taking the center stage. According to a report by Kelley Drye & Warren LLP, these complex themes formed the concluding chapters of this year’s conference. Fake reviews that manipulate…
Recent events have seen the US Federal Trade Commission (FTC) enter the spotlight. The FTC, on November 7, 2023, initiated communications with ten companies. These letters accused the companies of incorrectly listing drug delivery device patents in the US Food and Drug Administration (FDA) Orange Book. It seems the FTC has taken action to dispute…
Good news for legal professionals striving for recognition in the Asia Legal Awards 2024. The deadline for submissions has been eased, now extended until December 1, providing an extended opportunity to submit for one of the most prestigious recognitions in the legal sector in Asia. The news is particularly important for those working in the…
On November 17, 2023, the U.S. Securities and Exchange Commission (SEC) staff issued a revised and five new proxy-related compliance and disclosure interpretations (C&DIs). The update from the SEC – a regulatory body whose guidance plays a key role for professionals in the legal and corporate landscape – can affect business operations across an array…
As the world continues to grapple with the pressing issue of climate change, it’s noteworthy to shed light on differing perspectives, varying from acceptance to skeptics. The major role of oil companies in this escalating discourse is particularly significant. Much like the historical position Galileo found himself opposing the prevailing geocentric worldview, today’s oil firms…
Ukraine’s National Anti-Corruption Bureau has recently launched investigations into two lawmakers who are alleged to be involved in corruption activities. The lawmakers are suspected of offering bribes to key reconstruction officials, announcing a further stepping-up of Ukraine’s ongoing efforts against corruption. In one case, a lawmaker allegedly offered officials bitcoins valued at $50,000. The bribe…
In an unprecedented intersection of cybersecurity and securities law, it appears that a ransomware company has instituted a complaint with the U.S. Securities and Exchange Commission (“SEC”) against a victim of its own hacking attack. The crux of the complaint alleges that the hack victim failed to disclose the cyber attack, an action that the…
In a recent development, a federal magistrate in the Northern District of Georgia has recommended dismissal of a case involving the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). This decision was made as the plaintiff’s FDCPA claims were found to be time-barred, and the cause of action under the…
In a comprehensive move to shed light on debt collection practices, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Fair Debt Collection Practices Act (FDCPA) Annual Report on November 16 documenting its activities during 2022 according to Jd Supra. The report offers an extensive overview of everything FDCPA-related conducted by CFPB in 2022….
In a recently filed legal dispute, a woman from Las Vegas has alleged injury due to a ‘foreign object’ found in her Quarter Pounder burger from McDonald’s. This noteworthy case came to the forefront via a report from Law.com Radar. Specifics about the nature of the foreign object or the extent of the alleged injury…
In an unexpected turn of events, the Department of Justice (DOJ) Antitrust Division has decided to dismiss its last remaining criminal no-poach case. The case against Surgical Care Affiliates, LLC, and SCAI Holdings, LLC, in the Northern District of Texas had been pending for a while. This decision is the latest in a series of…
The integration of technology and AI into law practice has become a hot topic of discussion in legal circles. There is rising concern among legal professionals about the possibility of being replaced by increasingly capable technology. In a recent panel discussion organised by the Miami Dade Bar Association Law and Technology Committee, a consensus was…
The turbulence surrounding estate planning that marked the years 2020-2022 seemed marked by two significant elections, putting a spotlight on the substantial uncertainty that prevailed on tax planning and estate planning landscape. The uncertainty’s tangible impact necessitated estate planners and their clients to demonstrate exceptional agility and creativeness – perhaps to never-seen-before extent-, while also…