Mon.Jul 01, 2024

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The Sedona Conference Names Longtime Deputy Director Ken Withers As Executive Director

Law Sites

Three weeks after the death of its executive director Craig W. Weinlein, The Sedona Conference has named its longtime deputy executive director to step into that role. Kenneth J.

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Legal Battles Erupt as Music Giants Sue AI Firms Over Copyright Infringement

Complex Discovery

Editor’s Note: Major record labels Sony Music, Universal Music Group, and Warner Records have filed lawsuits against AI music companies Suno and Udio, accusing them of mass copyright infringement. The record labels, represented by the Recording Industry Association of America (RIAA), claim that Suno and Udio used copyrighted music to train their AI models without permission.

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The Best is Yet to Come: The Milan Section of the UPC Central Division Opens Its Doors

IP Watchdog

Nearly a year has passed since the Administrative Committee’s Decision on June 26, 2023, amending the Unified Patent Court Agreement (UPCA) to move the London Section of the Central Division of the Unified Patent Court (UPC) of First Instance to Milan and to reallocate its competences between the Seat (Paris) and the two Sections of the Central Division (Munich and Milan), thereby aligning the UPCA with the consequences of Brexit.

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Title VII’s future will be shaped by AI, recent SCOTUS rulings, attorneys say

Legal Dive

The law’s anti-discrimination provisions remain a topic of complex debate, and sources who spoke to HR Dive expect the conversation to carry on well into the next several years.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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SERVICE OF THE CLAIM FORM ERRORS AND PROBLEMS 2: HAVE YOU AGREED AN EXTENSION OF TIME? NO YOU HAVEN’T

Civil Litigation Brief

We are returning to the judgment of Master Dagnall in Occupiers of Samuel Garside House v Bellway Homes Ltd & Anor [2024] EWHC 1579 (KB). The claimants argued that correspondence that discussed altering the timetable amounted to a written agreement.

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Supreme Court significantly expands time to sue government agencies

Legal Dive

In yet another setback for federal agencies, the justices ruled that plaintiffs have six years to sue an agency from the time of their claimed injury.

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More Trending

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Law Firm Budget: How to Create Your Financial Strategy

MyCase

A budget documents your law firm’s financial strategy. It also keeps the business on track, reveals when missteps are taken, and can highlight issues affecting profitability. Despite the importance of having a budget, many law firms do not follow disciplined budgeting practices. Law firm budgeting can present challenges that seem insurmountable, and without the right tools in place, it’s easy to deprioritize budget creation or overlook defined spending limits.

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Prosecution Laches and the Death of Continuations | IPWatchdog Unleashed

IP Watchdog

Ordinarily, patent practitioners do not need to really think about prosecution laches, but laches has become a rather hot topic as the United States Patent and Trademark Office (USPTO) and courts have initiated what can only be characterized as an assault on an applicant’s statutory right to seek and file additional claims if those claims are supported by the initial disclosure.

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Peak ‘Roaring Kitty’? Dog-Tweet Rally Shows His Power and Limits

Securities Docket

The latest social-media frivolity this week from the man known as Roaring Kitty sent traders frantically reading into a cartoon featuring, of all things, a dog. Was Keith Gill getting into WOOF? (Petco Health & Wellness Co.) Perhaps PET? (Wag! Group Co.) Or, quite possibly, the company that was co-founded by Ryan Cohen, GameStop Corp.’s current chief executive, CHWY?

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Product Walk Through: Westlaw Edge UK with CoCounsel

Legal IT Insider

In this product walk through of Westlaw UK’s AI-Assisted Research, we received a demonstration from Jessica Brown, who is director of client training at Thomson Reuters, and Andrew Buckley, who leads the […] The post Product Walk Through: Westlaw Edge UK with CoCounsel appeared first on Legal IT Insider.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Bedrock Wall Street Rules Threatened by Supreme Court Ruling

Securities Docket

The SEC’s closely watched enforcement case against crypto giant Coinbase Global Inc. was highlighted as an example in a recent report by Bloomberg Intelligence on the potential effects of a high-court ruling to weaken Chevron deference. Ahead of the ruling, legal experts also pointed to new SEC climate reporting rules for public companies as among those that could be most vulnerable.

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Shareholders rejecting both ESG and anti-ESG proposals

Legal Dive

Only three of almost 1,000 proposals were supported by shareholders so far in the 2024 proxy season.

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SEC Charges Consensys Software for Unregistered Offers and Sales of Securities Through Its MetaMask Staking Service

Securities Docket

The Securities and Exchange Commission today charged Consensys Software Inc. with engaging in the unregistered offer and sale of securities through a service it calls MetaMask Staking and with operating as an unregistered broker through MetaMask Staking and another service it calls MetaMask Swaps. According to the SEC’s complaint, since at least January 2023, Consensys has offered and sold tens of thousands of unregistered securities on behalf of liquid staking program providers Lido and Rocket

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The American Arbitration Association: Strategy and Acquisitions

Legal IT Insider

In May, the American Arbitration Association acquired ODR.com, a SAAS case management services company for dispute resolution. This was the AAA’s first acquisition, but it won’t be it’s last. We […] The post The American Arbitration Association: Strategy and Acquisitions appeared first on Legal IT Insider.

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Binance must face bulk of US SEC crypto lawsuit, judge rules | Reuters

Securities Docket

A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, can proceed. The decision by Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia deals a blow to Binance, which had asked the court to toss the SEC’s lawsuit that alleges Binance and its founder and former CEO Changpeng Zhao broke securities laws.

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Law Firm Billing: 5 Ways To Ensure Your Clients Pay On Time

Practice Panther

Billing clients is foundational to success at any law firm, but oftentimes lawyers struggle to receive payments on time, if at all. For an essential business function like getting paid, one would think it would be as simple as preparing an invoice and waiting for the payment to roll in. While yes, these two tasks encompass the general framework of legal billing, your firm could be missing out on opportunities between these endpoints to maximize your payment efficiency.

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Chewy Surges After Keith Gill Discloses $245 Million Stake – Bloomberg

Securities Docket

Chewy Inc. shares spiked as much as 29% in premarket trading Monday after Keith Gill — known online as “Roaring Kitty” — disclosed a 6.6% passive stake in the online pet food and product retailer. The disclosure with the US Securities and Exchange Commission shows Gill owns roughly 9 million Class A shares, worth about $245 million based on Friday’s closing price.

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Recent Example of a Valid Effort to “Meet and Confer” to Resolve Discovery Disputes

E-Discovery LLC

Frequently, courts deny motions presenting a discovery dispute due to the failure of the moving party to engage in a good faith, pre-filing “meet and confer.” See, e.g., There’s No Right or Wrong Answer – But There Are Mistakes (Apr. 19, 2024) (“If two sides are battling over nine separate discovery issues for at least five months, a single phone call does not meet their Local Rule 37.2 obligations….

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Wall Street Law Firms Are in a Poaching Frenzy. Kind of Like the N.B.A. – The New York Times

Securities Docket

Hotshot Wall Street lawyers are now so in demand that bidding wars between firms for their services can resemble the frenzy among teams to sign star athletes. Eight-figure pay packages — rare a decade ago — are increasingly common for corporate lawyers at the top of their game, and many of these new heavy hitters have one thing in common: private equity.

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SCOTUS Gives Broad Criminal Immunity to Presidents

Practice of Law

There is a lot to digest in the Supreme Court's decision in Trump v. United States. Here, we'll summarize the main takeaways before diving into this landmark decision's more granular holdings. The decision hobbles the prosecution against Trump to the extent that it is very much in question if he will ever face charges for any alleged attempt to overturn the 2020 election.

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1H24 Securities Suit Filings Project YE Totals Ahead of Last Year’s Pace | The D&O Diary

Securities Docket

The number of federal court securities class action lawsuit filings in the year’s first half reflected a filing pace that projects year-end numbers ahead of last year’s full-year totals. According to my tally, there were 109 federal court securities class action lawsuit filings in the first six months of 2024. (Please note that the figures in this post do not include or discuss state court securities class action lawsuit filings.

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Supreme Court’s Chevron Ruling Limits Power of Federal Agencies – The New York Times

Securities Docket

The Supreme Court on Friday reduced the power of executive agencies by sweeping aside a longstanding legal precedent, endangering countless regulations and transferring power from the executive branch to Congress and the courts. The precedent, Chevron v. Natural Resources Defense Council, one of the most cited in American law, requires courts to defer to agencies’ reasonable interpretations of ambiguous statutes.

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Chevron Ruling Poised to Boost Business for Corporate Litigators

Securities Docket

The Supreme Court’s move to gut a decades-old precedent on agency authority is a big boost for corporate litigators, incentivizing companies and industry trade groups to challenge government regulations and stirring business for the firms that represent them. The June 28 decision to overturn the Chevron doctrine, which empowered regulators to interpret unclear laws, also shows how a single case at the high court can send wide ripples across the legal sector.

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ESG Investing Foes Cite Chevron’s Downfall in 401(k) Rule Appeal

Securities Docket

Red state attorneys general used the US Supreme Court’s new decision overturning the Chevron doctrine to bolster their argument for blocking the Labor Department’s do-good 401(k) investing rule in the Fifth Circuit, just hours after the high court ruled. The DOL’s interpretation of federal benefits law in its 2022 rule on environmental, social, and corporate governance considerations in retirement accounts is impermissible in light of Loper Bright Enterprises v.