In a prominent copyright case, the 9th Circuit Court’s Server Test has come under question, intensifying noteworthy debates within the legal profession. The case, Alexis Hunley, et al v. Instagram, LLC, seeks to scrutinize the breadth and legitimacy of this doctrine widely established by the 9th Circuit and subsequently challenged by various courts. The Server…
Artificial Intelligence (AI) has sparked significant interest and witnessed rapid growth, thereby becoming a vital focus of technology transactions. Remarkably, the inherent standard acquisition agreement seems not to have matched the pace and demand of AI companies. These modern tech entities pose unique risks to potential buyers, risks that a standard transaction approach may fail…
In a significant development that shores up competition in the electronic prescription marketplace, Surescripts entered into a settlement with the U.S. Federal Trade Commission (FTC). The health information technology company was facing allegations of monopolistic conduct in violation of the FTC Act. Charges pressed against Surescripts revolved around purported actions that constrained customer choice, sabotaged…
Artificial Intelligence (AI) is rapidly producing an increasing number of generative AI products that are becoming commercialized on the market. These offerings demand a balance between swift implementation, technical competencies, and significant financial and legal deliberations for corporates seeking to integrate these solutions into their existing systems. Technology providers are concurrently pushing the boundaries of…
In a recent turn of events, the Hong Kong Exchanges and Clearing Limited (HKEX) has updated its listing rules. Prior to this change, companies seeking to list in Hong Kong were required to delineate risks related to their operations in China. These China-related risks covered a broad field, including applicable laws and regulations, political structure,…
The now-famous line, “With great power comes great responsibility,” has gained new relevance in the sphere of legal technology. The increasing influence of generative artificial intelligence (AI) on the legal world has highlighted the need for certain guardrails to be in place to ensure safe and ethical usage. The discussion around the responsible use of…
In a recent development in the world of patent litigation, camera manufacturer GoPro Inc. managed to quash the effort for a retrial over a high-stakes patent infringement lawsuit. The dispute was raised by an inventor who insisted that he was the first to initiate the concept of taking 360-degree photographs. The lawsuit, presided over by…
The U.S. Department of Homeland Security (DHS) announced the update of the STEM Designated Degree Program List on July 12, 2023, with the addition of eight new qualifying fields of study. This update affects the regulations surrounding F-1 nonimmigrant students and the completion of their degrees. The STEM Designated Degree Program List is crucial for…
The Cybersecurity & Infrastructure Security Agency (CISA) recently issued an advisory on the ‘2022 Top Routinely Exploited Vulnerabilities’ in their ongoing effort to keep industries informed of potential threats. The advisory is particularly valuable to companies based in the U.S and also highlights emerging threats, providing insight into the vulnerabilities frequently exploited by threat actors….
An Australian company was recently awarded nearly $8.5 million by a Colorado federal judge for a startup’s ‘flagrant’ theft of intellectual property. The conflict arose over the ownership of a patented air conditioning technology. Not only did the startup continue to market the product as its own throughout the litigation, but it also attempted to…
In a recent patent lawsuit involving technology giant Apple and its South Korean competitor Samsung, Western District of Texas Judge Alan Albright demonstrated a contrasting decision in the courtroom. Significant to the legal professionals and corporations worldwide, this occurrence casts useful insights into the current justice system’s decision-making process with respect to patent suits. Apple…
Apple Inc. recently approached the Trademark Trial and Appeal Board with a plea to revise its attempt to register the “Apple Music” mark. This followed a loss suffered by the technology giant at the Federal Circuit. Notably, the request includes the removal of a section concerning live performances. The particular case at the Federal Circuit…
Global offshore law firm Harneys has entered definitive agreements to sell its fiduciary business, according to a recent announcement. This transaction has received support from prominent global private equity firm Hillhouse. Financial details related to this sale remain undisclosed. As is often the case with such divestment, this strategic move is intended to fuel further…
While artificial intelligence (AI) may be a fairly recent addition to tech stacks generally, M&A lawyers are quite accustomed to this form of technology. Having been incorporated into their utilities for some time, near about a decade now, AI is not a newcomer in the world of mergers and acquisitions law. The increase of AI…
The patent infringement case against biotechnology firm Pacific Biosciences of California Inc. has been moved from a Delaware federal court to California. According to the judgement, there were insufficient reasons to support maintaining the case proceedings in Delaware. Pacific Biosciences of California Inc., commonly known as PacBio, is a biotechnology company that’s profusely involved in…
Harneys, a globally acknowledged offshore law firm, has entered into concrete agreements to dispose of its fiduciary business in an operation supported by Hillhouse, a worldwide private equity firm. The sale, the precise details of which remain confidential, is anticipated to endow Harneys with the capital necessary to stimulate the law firm’s strategic growth. The…
In the dynamic sphere of legal technology, securing company secrets has become increasingly paramount, especially in the unfolding era of generative artificial intelligence (Gen AI). In this context, many firms are turning a spotlight on their employment contracts to ensure stringent protection of their confidential assets. Last month, Kira Systems, an entity that specializes in…
In recent developments across the legal industry, various Am Law 200 firms have ceased utilization of ChatGPT and generative AI for client services due to potential vulnerability such as data breaches and computational hiccups colloquially known as ‘hallucinations’. However, these setbacks are far from spelling the end of AI use in the legal sector. Contrarily,…
The U.S. Food and Drug Administration (FDA) continues to take proactive steps in the battle against opioid misuse. The FDA has recently made public draft guidance regarding the study and testing of medical devices for treating opioid use disorder (OUD), as noted by Knobbe Martens. These newly-proposed guidelines align with the FDA’s established Overdose Prevention…
In a recent development, the Federal Aviation Administration (“FAA”) released an updated Fact Sheet elucidating its viewpoint on the powers of state and local governments when it comes to regulating drone activities. This revised stance marks a crucial change in the role that different levels of governments play in drone regulation, addressing particularly the FAA’s…
As we navigate the summer months, law firms are often presented with an opportunity to focus on the adoption of Customer Relationship Management (CRM) measures, a time when the workload might be a little lighter and employees have more downtime. This assumption, as expressed by experts like Chris Fritsch from CLIENTSFirst Consulting, emphasizes that the…
As legislative processes continue to evolve globally, Congress is making strides towards the revival of legislation targeted at regulating autonomous vehicles. JD Supra reports that on July 26, 2023, the legislative wheels were set in motion as the House Subcommittee on Innovation, Data, and Commerce convened to discuss this pressing matter. The session, earmarked by…
In an era rapidly marked by fintech evolution and regulatory hurdles, the U.S. Central Bank, the Federal Reserve has launched the FedNow® Instant Payments Service, its new instant payment solution. Revealed in a recent press release, this new payment system is accessible for financial institutions of all sizes, offering the ability to instantly process transactions…
In continued coverage of the ongoing legal battle between Fox News and Smartmatic, recent court filings suggest a significant escalation. According to court documents, Fox News lawyers have accused Smartmatic, a voting technology company, of creating a controversy where there is none in their ongoing defamation lawsuit. The lawsuit surfaced following claims Fox aired in…
In recent news, the Organisation for Economic Cooperation and Development (OECD) publicized a fresh addition to its Series on Harmonization of Regulatory Oversight in Biotechnology, titled Safety Assessment of Transgenic Organisms in the Environment, Volume 10: OECD Consensus Document on Environmental Considerations for the Release of Transgenic Plants, on July 27, 2023. According to JD…