AGs Sue To Block Treasury Rule Ending Shell Co. Reporting

By Jon Hill and Craig Clough

Nearly two dozen states sued the Trump administration Tuesday over its rollback of ownership reporting requirements for corporate entities, arguing the move constitutes an illegal, unilateral repeal of an anti-financial crime law that Congress enacted.

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Anthropic's 'Existential Risks' Warning Sets Stage For AI IPOs

By Sarah Jarvis

Anthropic PBC's registration statement includes more than 90 pages of risk disclosures for prospective investors ahead of the Claude developer's planned public offering, including "existential risks to humanity" posed by advanced artificial intelligence and a corporate governance structure the company warns may make it difficult for voting shareholders to replace directors and managers.

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Justice Department Inks 1st 'Near-Miss' Nonprosecution Deal

By Hailey Konnath

Software company Extreme Networks Inc. has agreed to pay $975,722 in penalties to put to rest allegations it unlawfully sold to a sanctioned Russian weapons manufacturer as part of a nonprosecution agreement that the U.S. Department of Justice said marks its first "near-miss" case under a new corporate disclosure policy.

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World Cup Workers' Attys Deserve Sanctions, Colo. Cos. Say

By Rachel Konieczny

Companies that managed the construction of stadiums for the 2022 FIFA World Cup in Qatar urged a Colorado federal judge Tuesday to sanction opposing counsel in Filipino workers' forced labor lawsuit against the companies, alleging the workers' attorneys took "shortcuts" that resulted in wasted legal costs for the companies.

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Analysis

3 Federal Circuit Clashes To Watch In November

By Ryan Davis

A high-stakes case that will determine whether the U.S. government should face patent infringement claims over Moderna's COVID-19 vaccines and Labcorp's appeal of a nine-figure patent verdict against it are among the arguments the Federal Circuit will hear in November.

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Brief

Commerce Orders Major Duties On Chinese Van-Type Trailers

By Jack McLoone

Van-type trailers and their subassemblies imported to the U.S. from China are subject to triple-digit countervailing and antidumping duties, the U.S. Department of Commerce ordered Tuesday.

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CIT OKs Commerce's 3rd Try At Justifying Korean Steel Duty

By Jack McLoone

The U.S. Department of Commerce appropriately showed the allocation of certain Korean government additional emissions permits to be a specific countervailable subsidy on its third attempt, the U.S. Court of International Trade said Tuesday, sustaining a duty rate on certain steel plate.

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OpenAI Sued Over Epilepsy Death Allegedly Tied To ChatGPT

By Emily Field

​The parents of a Chinese national with epilepsy who died earlier this year sued OpenAI on Tuesday in California state court, alleging ChatGPT was effectively practicing medicine without a license when it designed a tapering schedule for the anti-seizure medication that was keeping their daughter alive.

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Hogan Lovells Taps Ex-Spain Ambassador For Disputes Team

By Joyce Hanson

Hogan Lovells Cadwalader has added a former U.S. ambassador to Spain under the Biden administration to the global law firm's disputes team, where she will focus on government investigations and congressional inquiries, as well as cross-border disputes.

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DOJ Directive Gives Contractors A Fraud Risk Road Map

For government contractors, the 10 factors described in the U.S. Department of Justice's recent corporate fraud enforcement directive function as a de facto scoring rubric for internal audits that mirrors what prosecutors will prioritize, say attorneys at Spencer Fane.

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At 4th Circ., DOJ Admits But Downplays Goldstein Trial Errors

By Jeff Overley

The U.S. Department of Justice late Tuesday acknowledged that it confused key statutory terms related to jury instructions at famed appellate advocate Tom Goldstein's criminal trial, while also insisting "the government's mistake here was understandable" and shouldn't upend a jury's guilty verdict.

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Brief

Fenwick & West To Match $235K Salary Scale For Associates

By Tracey Read

Fenwick & West LLP is reportedly the latest firm that will raise associate pay in the new year.

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Ex-Fla. Bar Prez Accused Of Botching $350M Estate Claim

By Carolina Bolado

The widow of a Miami real estate investor is suing a former president of the Florida Bar for malpractice, claiming his botched representation left her without a claim to her late husband's $350 million estate.

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4th Circ. Says W.Va. Daniel's Law Is Unconstitutional

By Rose Krebs

The Fourth Circuit on Tuesday affirmed a district court determination striking down as unconstitutional West Virginia's law restricting the publication of the home addresses and phone numbers of law enforcement and judicial officials, saying the district court applied "well-established" First Amendment principles.

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