Mon.Oct 21, 2024

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Litera’s Former CEO Returns to that Role, As Current CEO Moves Into Temporary Advisory Role

Law Sites

When Avaneesh Marwaha stepped down as CEO of legal tech company Litera in 2022, becoming chairman of the company’s board of directors, it was a surprise to many in the legal technology community.

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Securities Litigation: A Practitioner’s Guide

The 10b-5 Daily

The author of the The 10b-5 Daily – Lyle Roberts – also is the co-editor of the new third edition of PLI’s “Securities Litigation: A Practitioner’s Guide.” The leading treatise in this area of the law, it is a joint project between partners from A&O Shearman and Simpson Thacher. The treatise is completely revised and offers a comprehensive, practical, and readable overview of every aspect of private securities litigation.

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With AI, NetDocuments Says, It Is Transforming Into the ‘Intelligent Document Management System of the Future’

Law Sites

At its Inspire customer conference today in Atlanta, NetDocuments said it is using artificial intelligence to transform from a content management platform to an “intelligent document management system” that will enable it to be the cornerstone of an organization’s AI strategy.

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“1 year after the murder of a Washington County circuit judge, what’s changed?”

E-Discovery LLC

The Baltimore Daily Record has published an article by Rachel Konieczny, 1 year after the murder of a judge in western MD, what’s changed? (Oct. 18, 2024). The Daily Record article (which is behind a paywall), states that Maryland is working to minimize security threats against Judges. “[T]he Maryland Judiciary is looking to — in the short term — improve judicial security through personnel and capital improvements to existing facilities….

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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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90% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs

Insurance Journal

Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to comply with regulations or to monitor AI results.

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Litera brings back Avaneesh Marwaha as CEO

Legal IT Insider

Litera has reappointed Avaneesh Marwaha as chief executive officer, taking over from Sheryl Hoskins, who has been CEO since 2022. Over the past two years Marwaha has remained involved with […] The post Litera brings back Avaneesh Marwaha as CEO appeared first on Legal IT Insider.

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BigHand sponsors The Say Gap 2024!

Legal IT Insider

BigHand is sponsoring The Say Gap 2024, a unique two-day legal conference that brings together experts in, and discussion around, strategies to create a truly inclusive workplace environment. The conference […] The post BigHand sponsors The Say Gap 2024! appeared first on Legal IT Insider.

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North-Central Italy Sees Floods, Road Closures After Heavy Rains

Insurance Journal

Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to close some expressways. Severe flooding was seen in the region of Emilia Romagna on Sunday.

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Deadline for the next Orange Rag is 24 October

Legal IT Insider

If you have wins and deals, hires or other news that you want to make sure are included in the October Orange Rag newsletter please send them to us by […] The post Deadline for the next Orange Rag is 24 October appeared first on Legal IT Insider.

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Texas Reaches $3.5M Settlement With Marriott Over Customer Data Breach

Insurance Journal

Texas Attorney General Ken Paxton announced the state has secured a settlement with Marriott International, Inc., that resolves an investigation into a breach of one of the company’s reservation databases.

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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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Internet Freedom in Decline: Insights from Freedom on the Net Report 2024

Complex Discovery

Editor’s Note: The state of internet freedom is under growing threat, as revealed by the latest “Freedom on the Net” report from Freedom House. For the 14th consecutive year, global internet freedom has declined, with Myanmar and China now ranked as the worst offenders. This alarming trend has profound implications for corporations, legal experts, and policymakers as they grapple with an evolving digital landscape dominated by state censorship and surveillance.

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Cuba Hit by Tropical Storm Oscar as It Struggles to End Blackout

Insurance Journal

Cuba was dealing with heavy rains and winds today from Tropical Storm Oscar, even as it continues to deal with a prolonged blackout affecting a large swath of the island. According to the U.S.

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What is Litigation Consulting, and How Can It Help Your Case?

Jonathan Leach LLC

Do you or someone you know need to prepare for an upcoming court case? Have you been encouraged to seek out litigation consulting from your local attorney? Here, we will discuss how litigation consulting can help you with your court case. At Jonathan Leach LLC in El Paso, we offer a variety of services, including litigation consulting, witness preparation, and mock trials.

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FBI Arrests Man Over SEC Hack, Alleging Bitcoin Manipulation

Insurance Journal

A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission’s X account this year as part of an alleged conspiracy to manipulate bitcoin prices, U.S. prosecutors said.

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ISSUING CLAIMS IN THE TCC: LOCAL IS QUICKER (AND PROBABLY MANDATORY IN ANY EVENT)

Civil Litigation Brief

We are returning to the judgment of HHJ Stephen Davies in Workman Properties Ltd v Adi Building And Refurbishment Ltd [2024] EWHC 2627 (TCC). This time to look at the judge’s concluding observations as to venue. The failure to issue in.

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Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering

Insurance Journal

Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and introduce a significantly broader risk …

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DELAY, DENTON AND MISTAKES BY THE COURT OF APPEAL: THE COURT’S FAILINGS MEANT THAT IT WAS FAIR AND JUST TO GRANT AN EXTENSION OF TIME

Civil Litigation Brief

It is rare to see a judgment where the Court of Appeal openly issues an apology for its own administrative errors. We have such an apology in the judgment in Rana v First-Tier Tribunal (Immigration & Asylum Chamber) [2024] EWCA.

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South Africa Mulls Rules for Catastrophe Bonds, Climate Cover

Insurance Journal

South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe bonds and parametric insurance.

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Nvidia High Court Test Weighs Securities Suits as SEC Backstop

Securities Docket

Nvidia Corp.’s argument before the US Supreme Court next month pits the software and computing giant not only against investors alleging securities fraud, but also against two federal agencies that have thrown their support behind the shareholder lawsuit. The Securities and Exchange Commission and the Justice Department said in an amicus brief that the investors’ complaint contained sufficient fraud allegations for the high court to uphold the US Court of Appeals for the Ninth Circuit revi

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BHP Faces $47 Billion UK Lawsuit Over Brazilian Dam Collapse

Insurance Journal

A hearing in a lawsuit against BHP over Brazil’s worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London’s High Court on Monday, with claimants seeking up to 36 billion pounds ($47 billion) in damages.

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CAFC Delivers Win for Patent Owner But Says Claim Construction is OK at Motion to Dismiss Stage

IP Watchdog

The U.S. Court of Appeals for the Federal Circuit (CAFC) on Friday, October 18, issued a precedential decision holding in part that claim construction is not categorically forbidden at the Rule 12(b)(6) stage of a case, but ultimately vacating-in-part a district court’s dismissal of a patent owner’s infringement suit. The opinion was authored by Judge Taranto.

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Murdoch Firms Dow Jones and New York Post Sue Perplexity AI

Insurance Journal

Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a “massive amount of illegal copying” of their copyrighted work.

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THE REQUIREMENTS FOR BOTH PARTIES IF THE PART 8 PROCEDURE IS TO BE USED IN MATTERS OF CONTRACTUAL CONSTRUCTION: BEST NOT THROW THE KITCHEN SINK INTO THE MIX

Civil Litigation Brief

In Workman Properties Ltd v Adi Building And Refurbishment Ltd [2024] EWHC 2627 (TCC) HHJ Stephen Davies sent out a clear reminder of the duties on all parties in a Part 8 case where the court was being asked to.

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China’s Ping An Insurance Posts 36.1% Rise in 9-Month Profit

Insurance Journal

Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as the economy recovers.

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COURT ALLOWS LATE WITNESS STATEMENT TO BE RELIED UPON: DENTON CRITERIA CONSIDERED

Civil Litigation Brief

In Titan Wealth Holdings Ltd & Ors v Okunola (Rev1) [2024] EWHC 2586 (KB) Mrs Justice Hill considered the Denton criteria when granting the claimant permission to rely on a witness statement served out of time. There was a good.

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Meta Must Face Massachusetts Social Media Addiction Lawsuit

Insurance Journal

Meta Platforms must face a lawsuit by Massachusetts alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers it posed to the mental health of teenagers, a …

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Absolute litigation privilege has limits, Chancery ruling makes clear

Legal Dive

The principle is intended to let parties speak their minds, but that protection doesn’t necessarily stop a contractual clause that triggers on defamation, a case shows.

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Colorado Mine Where Guide Was Killed, Tourists Trapped Ordered Closed by Regulators

Insurance Journal

A former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident has been ordered to remain closed and not conduct tours while its operations are reviewed, state …

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DOL guidelines for workplace AI center employee needs, job quality

Legal Dive

The agency’s principles for responsible AI use in the workplace focus heavily on employee rights and how the technology should improve working conditions.

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Train Derails in South Louisiana, Causing Chemical Leak

Insurance Journal

DONALDSONVILLE, La. (AP) — Seventeen cars of a train derailed in south Louisiana on Friday, and several leaked a chemical used to sanitize swimming pools, but authorities said it was not a threat to the public.

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DOL, states reprise stances on Loper Bright’s effect on ESG rule

Legal Dive

The case is back before the U.S. district court judge whose initial dismissal in September 2023 relied on the now-overturned Chevron Doctrine.

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Midwest Chicken Farmers Struggle to Feed Flocks After Closure of Producer

Insurance Journal

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan.

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Cannabis Company Hit With SPAC-Related Securities Suits | The D&O Diary

Securities Docket

For the last several years, securities class action lawsuits related to SPACs and de-SPACs have been a significant factor in the overall annual number of securities suit filings. SPAC-related suits remain a significant factor in the number of filings again this year, even though it has now been several years since the peak of the SPAC frenzy. In the latest example, on October 17, 2024, a plaintiff shareholder filed a securities suit against cannabis company WM Technology alleging that both prior

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Vale-BHP Mine Disaster Deal Moves Closer to Settlement in Brazil

Insurance Journal

Miners Vale SA and BHP Group are a step closer to finalizing a deal with Brazilian authorities to provide a multibillion-dollar settlement for one of the country’s worst mining disasters.

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Financial Firms Need to Focus on Cyber Risks Posed by AI, New York Regulator Says – WSJ

Securities Docket

New York’s financial regulator said firms need to address the specific cybersecurity risks arising from the use of artificial intelligence, as more regulators aim to ensure the safe use of this rapidly evolving technology. The New York State Department of Financial Services on Wednesday issued a new guidance document that advises the entities it regulates to monitor and assess risks from AI-enabled tools, as part of the agency’s existing cybersecurity regulation.