Richards Layton & Finger PA and one of its attorneys have apologized to the Delaware Chancery Court for submitting a filing with errors generated by artificial intelligence, asking that sanctions not be imposed.
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Richards Layton Apologizes For AI Errors In Chancery Case

By Rose Krebs

Richards Layton & Finger PA and one of its attorneys have apologized to the Delaware Chancery Court for submitting a filing with errors generated by artificial intelligence, asking that sanctions not be imposed.

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McDermott Atty Denies Pressuring Friend To Alter Testimony

By Rose Krebs

A McDermott Will & Schulte LLP attorney has told a Delaware vice chancellor that he is in "complete shock" and "hurt" by a longtime friend's contention that he pressured him to change his testimony in a Chancery Court case, saying the accusation "is false and without any merit."

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Chancery Lets Discovery Proceed In Bikini Atoll Trust Suit

By Jarek Rutz

The Delaware Chancery Court has ruled that Fifth Third Bank must participate in discovery in litigation accusing Arden Trust Co. of mismanaging two congressionally created trust funds for displaced Bikini Atoll residents, while putting on hold Arden's separate claim seeking indemnification from the bank until the underlying case is resolved.

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BANKRUPTCY COURT

American Signature Seeks OK To Sell Google Antitrust Claims

By Jarek Rutz

Bankrupt furniture retailer American Signature Inc. has asked a Delaware bankruptcy judge for permission to sell its potential antitrust claims against Google for about $5.76 million, arguing that converting an uncertain litigation asset into immediate cash is the best way to maximize value for creditors while avoiding the costs and risks of pursuing the claims itself.

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INTELLECTUAL PROPERTY

Fed. Circ. Asked Not To Shift Moderna Vax Patent Case To Gov't

By Ryan Davis

Drugmakers like Novartis, former federal judges, a startup group and others have urged the Federal Circuit to reject calls to shift liability in a COVID-19 vaccine patent suit against Moderna to the federal government, saying that doing so would undermine patent rights.

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THIRD CIRCUIT

3rd Circ. Partly Revives Hospitals' ERISA Suit Against Cigna

By George Woolston

The Third Circuit on Thursday revived some ERISA contract claims in a New Jersey hospital network's suit alleging Cigna underpaid out-of-network reimbursements by $114 million, but backed the dismissal of the network's fiduciary duty claims.

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EXPERT ANALYSIS

Series

Being A Magician Makes Me A Better Lawyer

The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

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LEGAL INDUSTRY

How Competitive Is Your Compensation? Take Our Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

Read full article » | Save to favorites »

Feature

As Law Firms Race To Adopt AI, Cost Concerns Grow

By Phillip Bantz

Pressure is mounting on law firm leaders to dive into the AI waters or watch competitors swim away, but figuring out responsible, cost-effective methods to use high-priced legal tech remains tricky, experts say.

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Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says

By Cara Salvatore

A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various words he wasn't familiar with in the deal.

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Blue-Slip-Backed Trump Judge Selections Advance

By Courtney Bublé

The first two judicial nominations of the second Trump administration to receive supportive blue slips from Democratic senators advanced to the Senate floor Thursday.

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Goulston Docked Ex-Partners' Pay For Joining Rival, Suit Says

By Julie Manganis

Two Goulston & Storrs PC directors who jumped to Troutman Pepper Locke LLP were stiffed out of hundreds of thousands of dollars in compensation in retaliation for leaving, according to a suit filed Thursday in New York federal court.

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Feature

In Uber Assault Trial, A Courtroom Tests Truth Face-To-Face

By Hayley Fowler

This is the first in a two-part series about the Virginia Revival Model courtroom in the Charles R. Jonas federal courthouse in Charlotte, North Carolina. Here, judges and attorneys recall how a sexual assault trial against Uber unfolded in a space designed to place focus on the witnesses.

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Tillis Might Back Blanche, As AG Pick Met Epstein Survivors

By Courtney Bublé

Acting U.S. Attorney General Todd Blanche on Thursday afternoon met with a group of survivors of sex offender Jeffrey Epstein after retiring Sen. Thom Tillis, R-N.C., said his condition for supporting Blanche's appointment to the permanent position was for the nominee to speak to them face-to-face.

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LAW FIRMS IN TODAY'S NEWS

Abrams & Bayliss

Anapol Weiss

Aurelian Law PLLC

Bartlit Beck

Burns Charest

Cohen & Gresser

Conrad & Scherer

Cross & Simon

Dinsmore & Shohl

Faegre Drinker

Fox Rothschild

Freshfields

Goodwin Procter

Goulston & Storrs

Hankin Patent Law

K&L Gates

Keller Postman

Kirkland & Ellis

Landis Rath

Legal Strategies PC

McCollom D'Emilio

McDermott Will & Schulte

Morris Nichols

Munck Wilson

Olshan Frome

Pachulski Stang

Paul Hastings

Potter Anderson

Pryor Cashman

Quinn Emanuel

Reed Smith

Richards Layton

Robinson & Cole

Simpson Thacher & Bartlett

Stearns Weaver

Troutman

Watstein Terepka

Williams & Connolly

COMPANIES IN TODAY'S NEWS

APC

AbbVie Inc.

Arbutus Biopharma Corp.

Bayer AG

Comerica Inc.

Fifth Third Bancorp

Google LLC

Hard Yaka Inc.

KPMG International

Microsoft Corp.

Moderna Inc.

Netlist Inc.

Palantir Technologies Inc.

Patriot National Inc.

Pfizer Inc.

The Cigna Group

Tidewater, Inc.

Uber Technologies Inc.

Value City Furniture Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Senate

United States District Court for the District of North Dakota