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Colo. AI Rules Face Calls For Longer Compliance Window
By Allison Grande
Business groups across the tech, banking and other industries pushed Colorado's attorney general Monday to revisit his proposed rules for the use of artificial intelligence to make consequential decisions and to fuel chatbots in order to address concerns such as their potential conflict with existing laws and the tight window for implementation.
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SPORTS & BETTING
INSURANCE
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Catching Up With Delaware's Chancery Court
By Jarek Rutz
The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.
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CYBERSECURITY & PRIVACY
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EXPERT ANALYSIS
How Bank Lobby's Suit Tests OCC's Crypto Charter Powers
The Independent Community Bankers of America’s recent lawsuit challenging the Office of the Comptroller of the Currency’s ability to charter cryptocurrency companies marks another chapter in the struggle over the appropriate regulatory framework for digital assets, while raising a classic administrative law question at its most basic level, say attorneys at Ballard Spahr.
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2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy
In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.
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The Future Of PCAOB Enforcement After Post-Jarkesy Win
While the Public Company Accounting Oversight Board recently defeated procedural and structural challenges to its enforcement program in D.C. federal court, it's unclear what claims and sanctions the PCAOB can bring against respondents — and whether it's interested in instituting disciplinary proceedings generally, says Mike Plotnick at King & Spalding.
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LEGAL INDUSTRY
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