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TOP NEWS
4th Circ. Clears Lender In Kuwaiti Royal Fraud Case
By Abigail Harrison
World Business Lenders LLC secured a modest windfall in the Fourth Circuit on Wednesday after a panel said the small business lender was not "willfully blind" to financial fraud against a member of the Kuwaiti royal family and reversed a lower court's judgment that ordered WBL to pay over $704,000 in compensatory and punitive damages.
Opinion attached |
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AGs Urge Congress To Reject Trump's Ban On State AI Laws
By Rachel Riley
Attorneys general from 32 states are urging Congress to preserve their ability to pass laws regulating artificial intelligence, contending that the Trump administration's renewed proposal to insert a moratorium into a federal spending bill would leave states powerless in the face of AI-powered scams, harmful chatbot hallucinations and other emerging dangers.
Letter attached |
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LITIGATION
6 December Argument Sessions Benefits Attys Should Watch
By Kellie Mejdrich
Workers who say Prudential mismanaged their retirement savings will ask the Third Circuit to reinstate their class action, while a union pension fund will ask the Eighth Circuit to put General Electric back on the hook for a $230 million in pension withdrawal liability. Here's a look at six upcoming oral argument sessions benefits attorneys should have on their radar.
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LEGAL INDUSTRY
Analysis
Calif. Privacy Agency Gaining Steam Ahead Of 5th Anniversary
By Allison Grande
California's data privacy regulator has taken several notable steps in recent months, including handing down its first penalty upward of $1 million and finalizing long-awaited rules on topics such as cybersecurity audits and technologies that use artificial intelligence, and the groundbreaking agency shows no signs of slowing down as its fifth anniversary approaches.
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