 |
TECHNOLOGY |
|
TOP NEWS Analysis Employers Lose Intel High Court Suit But Get Gift From Alito The U.S. Supreme Court handed workers a big win Wednesday by preserving a six-year deadline to file ERISA class actions as the standard, but employers have already seized on language in Justice Samuel Alito's opinion as a road map for how to impose a shorter deadline.
Breach At Face Recognition Co. Exposes List Of Gov't Clients Clearview AI, a facial recognition startup already under scrutiny for its data-collection practices, said Wednesday its entire list of customers was exposed in a breach that its attorney called "part of life in the 21st century." YouTube Beats Conservative Group's Free Speech Suit The Ninth Circuit rejected a lawsuit Wednesday that claimed Google's YouTube is violating the First Amendment by censoring conservative content, ruling that the site's "ubiquity" did not transform it into a public forum.
Huawei Judge Details Why DOJ Work Led To Sidley Atty's DQ A New York federal judge gave a fuller explanation of why she disqualified a Sidley Austin LLP partner from representing Huawei in a criminal bank fraud case, saying an investigation the lawyer had been involved with as a deputy attorney general was too closely related to the case at hand.
PTAB Axes Nasdaq Trading Patent Under Alice In CBM The Patent Trial and Appeal Board has struck down a Nasdaq electronic trading patent in a covered business method review, finding that the patent covers the abstract idea of routing messages to processors under the U.S. Supreme Court's Alice test.
Senators Call On NIH To Gauge Tech's Impact On Kids A bipartisan group of U.S. senators has asked the National Institutes of Health to look into the long-term impact on children's well-being from the cumulative hours they spend on technology such as smartphones every day.
Agencies Not Keeping Up With Cybersecurity Upgrades: GAO Industry-specific agencies such as the Department of Transportation have not been doing a great job keeping up standards for improving critical infrastructure cybersecurity or creating a system to track their progress, the U.S Government Accountability Office has said in a report.
Judge OKs $18.5M Deal Ending Payday Loan Dispute A Virginia federal judge ordered preliminary approval Tuesday of an $18.5 million settlement of claims that a former Google executive's financial technology company and a tribal corporation stuck consumers with payday loans carrying triple-digit interest rates.
Fort Worth Air Traffic Center Ducks Claims In Fatal Crash Suit A Texas federal judge trimmed a $40 million wrongful death suit alleging ill-trained air traffic controllers in Fort Worth caused a fatal 2015 crash of an aircraft that lost engine power, saying the air traffic controllers acted within their discretion.
TiVo Asks For Rehearing After PTAB 'Overlooked' Arthrex A TiVo unit is asking the Patent Trial and Appeal Board's precedent-setting panel to rehear decisions to review its patents for a TV program guide challenged by Comcast, saying the reviews should be denied or paused until the issues in the recent Arthrex ruling are resolved.
Emulex Again Fends Off Investor Suit Over $606M Deal A Los Angeles federal judge has again dismissed a putative securities class action alleging Emulex Corp. concealed that Avago Technologies Ltd.'s $606 million acquisition offer was too low, saying the case still failed to pass muster after the Ninth Circuit ordered him to evaluate it under a different standard.
Data Provider Sportradar Targeted In New MLB Cheating Suit Major League Baseball's distributor of real-time statistics Sportradar on Wednesday was hit in the latest proposed class action from daily fantasy sports contestants over the Houston Astros' and Boston Red Sox's alleged sign-stealing cheating scandal, with the suit saying the company had a duty to monitor the integrity of the data it provided to daily fantasy sports operators.
US Approves $300M Fire Control System Sale To Jordan The Pentagon said Wednesday that the U.S. Department of State had approved a $300 million sale of fire control system software to Jordan. Simpson Thacher Steers Corsair To $1B Tech-Focused Fund Private equity firm Corsair Capital, working with Simpson Thacher, has wrapped up its fifth fund after securing $1 billion from limited partners, with plans to target investments in technology companies, including in areas like payments and software. Kirkland Reps PE Firm In Closing Of $531M Tech Fund Guided by Kirkland & Ellis, a private equity firm that focuses on investing in bootstrapped, business-to-business software companies has closed its fifth fund, raising $531 million and bringing the total amount of money raised for all of its funds to $1.2 billion, it said Wednesday. Hoberman Steers Tech Co. Unqork In $131M Funding Round Technology startup Unqork, represented by Hoberman Law Group, on Wednesday said it has raised additional funds from investors including a Goldman Sachs division to hit $131 million in the final close of its Series B round. Michael Best Gobbles Austin Firm To Boost Startup Muscle In a move to expand its startup and emerging company offerings in Austin, Texas, Michael Best & Friedrich has acquired local boutique RWR Legal, bringing on three corporate and securities lawyers. Real Estate Rumors: Wells, MMG Equity, Horizon Therapeutics Wells Fargo is reportedly leading a $973 million financing round for the Manhattan St. John's Terminal project, MMG Equity Partners is said to have sold a Florida shopping center for $22.7 million and Horizon Therapeutics has reportedly paid $115 million for an Illinois office campus. Robot 'Telepresence' Biz Hits Ch. 11 Hoping To Sell California-based “telepresence” robot developer Suitable Technologies Inc. sought Chapter 11 protection in Delaware early Wednesday, aiming for a sale of assets and intellectual property after the founder’s spouse sought an injunction over an earlier, allegedly low-ball, private sale agreement.
New Foreign-Influence Considerations For US Research Orgs Given the substantial enforcement activity related to foreign influence on U.S. government-sponsored research, institutions will likely need to develop enhancements to their existing compliance infrastructure, say Michael Vernick and Marta Thompson at Hogan Lovells. What Companies Should Know About Direct Listings Several recent and pending direct listings have shone a spotlight on the benefits and limitations of this alternative to traditional initial public offerings as an exit strategy for late-stage companies, says Louis Lehot of L2 Counsel. A Brief Guide To Federal And State Cybersecurity Enforcement With increasingly costly data breaches occurring at alarming rates, companies may face investigations from a variety of different federal and state enforcers with different authorities, standards and goals, so properly managed investigations are critical, say Viola Trebicka and Serafina Concannon at Quinn Emanuel. Solutions To 4 Common Law Firm Diversity Challenges A workshop recently held by the California Minority Counsel Program provides steps law firms can take toward solving minority attorneys' limited access to social capital and lack of meaningful investment, as well as other obstacles to diversity and inclusion, says Alexandra DeFelice, director of marketing and business development at Payne & Fears. GCs Hungrier Than Ever For Outside Counsel Data In-house attorneys at Microsoft Corp. often ask each other for outside counsel recommendations, but soon enough, they’ll be able to review which lawyers to consider — or steer clear of — with a few clicks of a button. Fed. Judge's Misconduct A 'Shock' To Kansas Colleagues A Kansas federal judge told lawmakers Wednesday that revelations about a colleague's pervasive sexual harassment of employees and affair with a felon were "an absolute shock" to other judges in the district. Analysis Ginsburg Outpacing Colleagues In Opinion-Writing This Term Despite some recent health scares, U.S. Supreme Court Justice Ruth Bader Ginsburg is showing no signs of slowing down. The 86-year-old jurist has written more opinions than any of her colleagues in argued cases so far this term, including every single dissent. Cellino & Barnes Feud Sparks Bias Suit From Girlfriend Amid the breakup of New York personal injury firm Cellino & Barnes, one of its attorneys is now accusing partner Ross M. Cellino Jr. of cheating her out of a share of a landmark settlement based on her romantic relationship with Stephen E. Barnes. Oasis Founder Drops Bid To Revive Kirkland, Littler Suit A founder of litigation funder Oasis Financial has withdrawn a bid to revive a lawsuit claiming Kirkland & Ellis LLP and Littler Mendelson PC steered Oasis' private equity sale using fraudulent transaction documents, while improperly keeping its minority co-owners out of the loop until the sale was final. Trump Taps Judges For Trial Courts In Ohio, Wis. President Donald Trump on Wednesday selected federal magistrate, bankruptcy and state court judges for lifetime appointments to U.S. district court seats in Ohio and Wisconsin, continuing his efforts to reshape the judiciary at the trial court level. Pa. Bar Groups Decry Court Attacks After Trump Recusal Call After President Donald Trump called for U.S. Supreme Court Justices Sonia Sotomayor and Ruth Bader Ginsburg to recuse themselves in "all Trump or Trump-related matters," both the Pennsylvania and Philadelphia bar associations issued statements Wednesday decrying what one called "unwarranted attacks" on the judiciary. NY Courts To Drop Bar Applicant Questions On Mental Health In her annual “state of the judiciary” address, New York’s chief judge on Wednesday said the courts would drop a bar applicant question about their mental health and treatment. Opioid Judge Rips Pharmacies' 'Ironic' Push To Halt Discovery The Ohio federal judge overseeing multidistrict litigation over the opioid crisis told the Sixth Circuit that pharmacies looking to block nationwide discovery are contradicting themselves by raising privacy concerns when they've tried to pry sensitive health data from plaintiffs in the past. Fla. Law Firm Wants Unpaid Fees From Litigious Porn Studio A Florida law firm is demanding nearly $300,000 in allegedly unpaid legal fees from a pornography studio that has filed thousands of copyright lawsuits against internet downloaders, according to a filing made Wednesday in West Palm Beach federal court. Ex-Bryan Cave Partner Joins Crypto Co. Bitstamp As CLO A former U.S. attorney in Pennsylvania and onetime Bryan Cave Leighton Paisner LLP partner joined cryptocurrency trading platform Bitstamp as its chief legal officer, the company said in a release Wednesday. Law Firm Leaders: Porter Hedges' Robert Reedy Robert Reedy has served as managing partner of Houston-based Porter Hedges for the last decade and plans to step down when his term ends in 2024. Here, Reedy chats with Law360 about succession planning, his goals for his final four years as managing partner, and the perks of being a law firm in Texas.
|
|
|
|
||