Crowell Faces DQ Bid Over AI Tool At Heart Of Client's IP Suit
By Dorothy Atkins
DeviantArt urged a California federal judge Wednesday to disqualify Crowell & Moring LLP from representing Evox Productions in litigation alleging multiple AI companies used Evox's copyrighted car photos to train artificial-intelligence image generators, arguing the firm "unquestionably" represented DeviantArt and has "sued its own client on behalf of another client."
Motion attached |
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POLICY & REGULATION
LITIGATION
Agtech Biz Fights Founder's Receivership Bid In Del.
By Jarek Rutz
HerdDogg urged the Delaware Chancery Court on Thursday to reject its founder's request to put the agricultural technology company into receivership, arguing her current case improperly repeats claims already tossed in another lawsuit, while the founder contended the events underlying her instant petition occurred only after that previous litigation began.
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DEALS
Deals Rumor Mill
General Atlantic Targets IPO At $10B Valuation, More Rumors
By Jade Martinez-Pogue
Private equity firm General Atlantic is considering a 2027 initial public offering that could value it at up to $10 billion; Amazon is in talks to acquire artificial intelligence company Decart in a transaction that could be worth around $7 billion; and Australian real estate investment trust AirTrunk has delayed its planned Singaporean initial public offering.
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BANKRUPTCY
ENFORCEMENT
Dems Want FTC To Investigate Online Homebuying Industry
By Isaac Monterose
Democratic U.S. Sens. Cory Booker and Elizabeth Warren asked the Federal Trade Commission Thursday to conduct an antitrust investigation into the "anticompetitive and deceptive practices" of the country's online homebuying industry, saying that the FTC needs to employ "every enforcement tool available to restore competition to the entire online real estate marketplace."
Letter attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
The top investigative priorities of a potentially Democratic-controlled Congress are coming into sharper focus with the midterms just weeks away and could impact companies in various sectors. In the meantime, one BigLaw firm formed a board to oversee the use of artificial intelligence and evaluate proposals from its practice groups and sectors. These are some of the stories in corporate legal news you may have missed in the past week.
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