Fri.Aug 02, 2024

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Here’s the Video Version of My Interview with Jack Newton about Clio’s Record $900M Raise

Law Sites

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.

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Miami’s ‘Impossible’ Traffic Mess Shows Strains of Booming South

Insurance Journal

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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Trending Sources

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What We’ll Be Talking About Today on Legaltech Week

Law Sites

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.

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Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder

Insurance Journal

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.

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Trial Prep: What Attorneys Really Want (And How to Deliver It)

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to uncover what attorneys really need from you when it comes to trial prep in this new webinar! Attorney and law professor, Joe Stephens, J.D., will share proven techniques for anticipating attorney needs, organizing critical documents, and transforming complex information into compelling case presentations. Key Learning Objectives: Organization That Makes Sense 🎯 Learn how to structure and organize case materials in ways that align with how attorneys actually work and think.

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DOJ whistleblower program starts with self-inflicted wounds, critics say

Legal Dive

Few insiders are likely to come forward because disincentives outweigh incentives, according to attorneys who work with whistleblowers and companies involved in enforcement actions.

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AI Startup Suno Says Music Industry Suit Aims to Stifle Competition

Insurance Journal

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.

More Trending

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Hawaii Governor Says a $4B Settlement for 2023 Maui Wildfire Coming Soon

Insurance Journal

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.

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Other Barks & Bites for Friday, August 2: U.S. Chamber Says March-In Rights Threaten CHIPS Act Investments, IOC Announces Anti-Counterfeiting Program for Paris 2024, and Eleventh Circuit Remands Computer Code Arrangement Copyright Claim

IP Watchdog

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

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Guy Carpenter: ‘Kitty Cat’ CrowdStrike Outage to Cause $300M-$1B in Insured Losses

Insurance Journal

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.

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COST BUDGETS, VARIATIONS AND “SIGNIFICANT DEVELOPMENTS”: JUDGE REFUSES TO REVISE THE BUDGET AFTER TRIAL

Civil Litigation Brief

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.

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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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Boar’s Head Hit With Consumer Lawsuit After Deli Meat Recall Over Listeria Concerns

Insurance Journal

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 …

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Wells Fargo faces AML, sanctions-related inquiries

Legal Dive

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.

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California Wildfire Now State’s Fourth Largest on Record, Containment Increased

Insurance Journal

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.

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Under Wraps: Hide Annotations when Screen-Sharing at Discovery

Primafact

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.

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Deposition Prep Like a Pro: Insights from a Paralegal's Playbook

Speaker: Kaitlyn "The Persnickety Paralegal" Story

Deposition preparation is a critical aspect of a paralegal's role, requiring meticulous attention to detail and proactive management of the case timeline. In this session, participants will explore how effective deposition preparation not only contributes to the success of the legal team but also helps maintain a balanced workflow, minimizing last-minute crises.

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Tropical System Could Bring Heavy Rains, Flooding to Parts of Florida

Insurance Journal

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.

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Securities Class Action Filing Activity Increased in First Half of 2024 | Cornerstone Research

Securities Docket

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.

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Chevron to Quit California for Texas After Warning on Regulation

Insurance Journal

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.

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Financial Services Litigator Stacie Hartman Joins Morgan Lewis’s Chicago Office – News

Securities Docket

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.

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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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Exxon Delays Golden Pass LNG to Late 2025 on Contractor Dispute

Insurance Journal

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.

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NFL Sunday Ticket multi-billion verdict tossed by federal judge

Legal Dive

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.

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Midwestern Farmers Who Say Yes to Solar Power Face Neighbors’ Wrath

Insurance Journal

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.

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FTC chair presses for investigation into high grocery prices

Legal Dive

Lina Khan said an inquiry would “shed light” on why food prices and grocers’ profits have stayed elevated even as inflation has come down.

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Governor Calls on Flood-Weary Vermonters to ‘Stick Together’

Insurance Journal

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 …

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What's Behind the Recent Concern Over Commercial Aircraft Safety?

Practice of Law

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.

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Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Insurance Journal

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.

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Celtics’ Jaylen Brown Aims to Revive Black Wall Street in Boston – Bloomberg

Securities Docket

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.

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J&J MGA Acquires Georgia-Based Strickland General Agency

Insurance Journal

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.

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Justice Department Trial Program Offers Millions for Tips on Fraud, Bribery – WSJ

Securities Docket

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.

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Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners

Insurance Journal

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.

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What Does It Take To Impeach a Federal Judge?

Practice of Law

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.

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Marsh McLennan Agency Completes Acquisition of Illinois’ The Horton Group

Insurance Journal

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 …

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How Many Red Flags Did My Aunt Adele Need On Her Madoff Statements?

Securities Docket

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.

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Orion180 Launches Homeowners Insurance in Ohio

Insurance Journal

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.

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