Law Sites
AUGUST 2, 2024
Last week, as the law practice management company Clio announced a record $900 million funding round, the largest ever for a legal technology company, I published an exclusive LawNext podcast interview with Jack Newton, Clio’s founder and CEO, recorded a few days ahead of the announcement.
Insurance Journal
AUGUST 2, 2024
Former reality TV star Fredrik Eklund zips up and down Miami in a lilac Rolls-Royce with a turquoise interior, hunting for multi-million-dollar homes for the rich and powerful. That is, when he’s not stuck in the gridlock.
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Law Sites
AUGUST 2, 2024
It’s Friday, which means it’s time for another Legaltech Week, the live show where a panel of journalists and bloggers discusses the week’s top stories in legal tech and innovation. Among the stories on tap for today: The ABA issues an opinion on the legal ethics of using generative AI.
Insurance Journal
AUGUST 2, 2024
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her, the U.S.
Advertiser: Trellis
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.
Legal Dive
AUGUST 2, 2024
Few insiders are likely to come forward because disincentives outweigh incentives, according to attorneys who work with whistleblowers and companies involved in enforcement actions.
Insurance Journal
AUGUST 2, 2024
AI music startup Suno is pushing back against the world’s biggest record labels, saying in a court filing that a lawsuit they filed against the company aims to stifle competition.
Trial Strategy Today brings together the best content for law professionals from the widest variety of industry thought leaders.
Insurance Journal
AUGUST 2, 2024
The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a global settlement of claims that will be worth a little over $4 billion, Gov. Josh Green told The Associated Press.
IP Watchdog
AUGUST 2, 2024
This week in Other Barks & Bites: the U.S. Copyright Office issues a report on digital replicas recommending a federal right that could be enacted in the U.S. Senate’s NO FAKES Act; the RESTORE Patent Rights Act is introduced into both houses of Congress to restore injunctive relief following a final judgment of patent infringement; the Eleventh Circuit ruled that a district court erred in failing to consider the copyrightability of the arrangement of software used to generate insurance quo
Insurance Journal
AUGUST 2, 2024
Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses, Guy Carpenter said the insured losses from the CrowdStrike outage is likely between $300 million and $1 billion.
Civil Litigation Brief
AUGUST 2, 2024
In Rahman v Hassan & Ors (Re Consequential Matters) [2024] EWHC 2038 (Ch) HHJ Paul Matthews (sitting as a High Court Judge) refused the claimant’s application that the budget be revised after the trial. The judge held that the matters relied.
Advertiser: Trellis
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.
Insurance Journal
AUGUST 2, 2024
Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats and other products over concerns …
Legal Dive
AUGUST 2, 2024
A disclosure included in the bank’s quarterly SEC filing did not give further details but may serve as a flag to investors of concerns from government agencies or authorities.
Insurance Journal
AUGUST 2, 2024
Firefighters have increased containment on the Park Fire near Chico, California, which at 621 square miles as of Friday is now the fourth largest wildfire in history.
Primafact
AUGUST 2, 2024
Screen-sharing Primafact documents during discovery can be a convenient way to direct the room's attention to a common production. But what if your document includes Annotations that you do not want to share with your audience? Hiding annotations and other markup on open documents keeps your sensitive analysis under wraps.
Insurance Journal
AUGUST 2, 2024
The National Hurricane Center is keeping an eye on a tropical wave that could strengthen over the weekend, bringing heavy rain to parts of Florida. Gov.
Securities Docket
AUGUST 2, 2024
The number of securities class action filings increased in the first half of 2024 relative to the second half of 2023, according to a report released today by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse. The report, Securities Class Action Filings—2024 Midyear Assessment, found that plaintiffs filed 112 securities class actions in federal and state courts in the first half of 2024, an increase from the 103 class actions filed in the second half of 2023.
Insurance Journal
AUGUST 2, 2024
Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.
Securities Docket
AUGUST 2, 2024
Morgan Lewis has added veteran trial lawyer and litigator Stacie Hartman to deepen the firm’s investment management and disputes capabilities. Stacie represents clients in regulatory and other government investigations and complex litigation focusing on financial markets and the financial services industry. She will also continue her group leadership by taking on a leadership position in the firm’s multidisciplinary derivatives and commodities practice.
Insurance Journal
AUGUST 2, 2024
Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Holdings Inc. declared bankruptcy.
Legal Dive
AUGUST 2, 2024
The court ruled that two of the plaintiffs’ expert witnesses in the case employed flawed methodology that incorrectly led jurors to $4.7 billion in damages.
Insurance Journal
AUGUST 2, 2024
When Michigan farmer Clara Ostrander heard about the benefits of hosting a solar energy project, she remembered something her father had told her four days before he died: Don’t sell the farm. Keep it in the family.
Legal Dive
AUGUST 2, 2024
Lina Khan said an inquiry would “shed light” on why food prices and grocers’ profits have stayed elevated even as inflation has come down.
Insurance Journal
AUGUST 2, 2024
Vermont’s governor said Wednesday that the latest storms to hit the state have undone much of the cleanup and recovery work from its last major bout of flooding only weeks ago, and he called on residents to “stick together” amid …
Practice of Law
AUGUST 2, 2024
Recent incidents involving major airlines have reignited concerns about aviation safety, prompting passengers to question the reliability of air travel. While flying remains one of the safest modes of transportation, these events highlight the importance of ongoing vigilance and regulatory oversight in the industry. We recap events from this year and the legal measures being taken to address concerns.
Insurance Journal
AUGUST 2, 2024
Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance.
Securities Docket
AUGUST 2, 2024
Boston Celtics guard Jaylen Brown is beginning his bid to recreate Black Wall Street in Boston. Brown, 27, is launching Boston XChange, a nonprofit organization that plans to build generational wealth and cultural innovation in Black and Brown communities. Brown has said that he wants to use his platform to create a modern-day version of Black Wall Street, a Black community in Tulsa, Oklahoma that was one of the country’s wealthiest in the early 20th century.
Insurance Journal
AUGUST 2, 2024
Johnson & Johnson, a managing general agency working in 48 states, has acquired Strickland General Agency in Suwanee, Georgia, J&J announced. The deal closed July 31. Terms were not disclosed.
Securities Docket
AUGUST 2, 2024
In a call with reporters on Thursday, Justice Department officials said they sought to design a program that fills gaps between pre-existing award programs. They pointed to a $4.3 billion settlement with global cryptocurrency exchange Binance over its failure to register as a money-transmitting business and a $1.2 billion settlement with commodities giant Glencore over foreign bribery violations as examples of cases that other award programs didn’t cover.
Insurance Journal
AUGUST 2, 2024
Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for about $282 million, up to $40 million of which will be paid in shares of Ambac common stock.
Securities Docket
AUGUST 2, 2024
At the end of the day, while the Aunt Adeles of the world should have done some due diligence, her consistent 14-15% annual returns were nothing compared to Bernie’s oldest and “special” customers. They routinely enjoyed a whopping 30-50% on their money. Many would even receive Christmas or Hanukkah gelt in their accounts in the form of phantom trades.
Insurance Journal
AUGUST 2, 2024
Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions across North America, today announced the completion of its previously announced agreement to acquire …
Practice of Law
AUGUST 2, 2024
Federal judges typically serve for life, but sometimes, even judges behave badly. In those cases, Article I of the United States Constitution provides an impeachment process for federal judges. While extremely rare, it is possible and has occurred at various times throughout U.S. history. The most recent impeachment happened in 2010, when G. Thomas Porteous, Jr., a federal district court judge, was impeached for bribery and perjury.
Insurance Journal
AUGUST 2, 2024
Orion180 has announced its expansion into the Buckeye State. According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s admitted insurance carrier.
Securities Docket
AUGUST 2, 2024
Amazon is pointing to an unusually busy news cycle as one of the drivers behind its weak revenue forecast. On a call with reporters following the company’s second-quarter earnings report on Thursday, Amazon finance chief Brian Olsavsky said one reason the company expects a slippage in online shopping this quarter is because consumers are distracted.
Insurance Journal
AUGUST 2, 2024
Tesla registered an insurance broking firm in China at the end of July, based on a national corporate information database, in a sign that the U.S.
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