Wash. AG Office, WSU Rigged $15M Data Contract, Suit Says
By Ben Adlin
A former prosecutor and the police-use-of-force analytics company he now helms sued Washington's attorney general's office and Washington State University over an allegedly rigged $15 million public safety data contract, claiming the defendants privately coordinated and shared nonpublic procurement information ahead of a competitive bidding process.
Complaint attached |
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POLICY & REGULATION
LITIGATION
Del. Blocks Cloudflare Founder Control Recapitalization
By Jarek Rutz
The Delaware Chancery Court on Friday barred Cloudflare Inc. from moving forward with a recapitalization designed to preserve co-founders Matthew Prince and Michelle Zatlyn's voting control, finding that stockholders had shown a reasonable chance of proving that a special committee acted to appease the founders rather than advance the company's interests.
Opinion attached |
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6th Circ. Backs Insurers In $6.3M Crypto Fire Loss Suit
By Katryna Perera
The Sixth Circuit has affirmed the dismissal of two cryptocurrency mining companies' claims that Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss through the claim handling process, finding the mining companies failed to allege the insurance companies owed them a duty of care outside contractual obligations.
Opinion attached |
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DEALS
ENFORCEMENT
EXPERT ANALYSIS
Protecting Trade Secrets When AI Agents Go Rogue
In light of a recent incident in which artificial intelligence agents compromised parts of Hugging Face's production systems, and the uncertain court guidance surrounding liability in such situations, companies looking to update their trade secret protections should carefully examine agents' permissions and technical limitations, says Matt Nealon at Marshall Gerstein.
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LEGAL INDUSTRY
Catching Up With Delaware's Chancery Court
By Jarek Rutz
The Delaware Chancery Court last week blocked Cloudflare Inc. from completing a restructuring meant to preserve its founders' voting control, while Tower Semiconductor Ltd. accused Intel Corp. of backing out of a semiconductor manufacturing agreement and social media company Triller Group Inc. challenged its removal from Nasdaq.
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