OpenAI Beats Musk Suit Over For-Profit Restructuring
By Dorothy Atkins
In an advisory decision Monday, a California federal jury cleared OpenAI and executives Sam Altman and Greg Brockman of allegations they breached the nonprofit's charitable trust by converting to a for-profit, handing billionaire Elon Musk a defeat in a closely watched three-week trial that threatened to shake up the artificial intelligence industry.
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DEALS
INTELLECTUAL PROPERTY
P-Funk Founder Sues UMG For $1.1M In Frozen Royalties
By Susan Smiley
Parliament-Funkadelic frontman George Clinton filed suit Friday in Michigan federal court alleging that music industry giant UMG has illegally withheld more than $1.1 million in royalty payments because of a separate lawsuit pending between Clinton and the estate of Clinton's keyboardist in the U.S. Court of Appeals for the Sixth Circuit.
Complaint attached |
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PRIVACY & CONSUMER PROTECTION
COMPETITION
EMPLOYMENT
TELECOMMUNICATIONS
FCC Told It's Obligated To Answer Petition On Fox Philly
By Nadia Dreid
The D.C. Circuit recently said that the Federal Communications Commission has a "non-discretionary obligation" to respond to applications for review, and an advocacy group that's spent almost three years pushing to strip a Fox affiliate station of its license on allegations it aired election conspiracy theories says that obligation applies to it as well.
Letter attached |
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PERSONAL INJURY & MEDICAL MALPRACTICE
TAX
IMMIGRATION
PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
Health Co. Wants Kirkland Off IP Case For 'Cardinal Sin'
By Elliot Weld
A healthcare company suing medical technology company Commure Inc. over alleged trade secret theft has said Kirkland & Ellis LLP should be disqualified from representing Commure because the healthcare company had tried to retain Kirkland prior to filing the suit and shared confidential information before anyone asked who the defendant was going to be.
Motion attached |
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Ex-Willkie Atty Banned By SEC For Insider Trading
By Emily Sawicki
A former Willkie Farr & Gallagher LLP mergers and acquisitions attorney who earlier this month admitted to taking part in a widespread BigLaw insider trading scheme will be barred from representing a client before the U.S. Securities and Exchange Commission for a minimum of four years, according to an order the agency issued Monday.
Order attached |
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