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Technology
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June 04, 2025
Davis Polk, Skadden Guide Circle's Upsized $1B IPO
Venture-backed stablecoin issuer Circle Internet Group Inc. on Wednesday priced an upsized $1.05 billion initial public offering above its marketed range amid strong demand, represented by Davis Polk & Wardwell LLP and underwriters counsel Skadden Arps Slate Meagher & Flom LLP.
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June 04, 2025
FCC Says C-Band Payment Clearinghouse Can Wind Down
The C-Band Relocation Payment Clearinghouse has received the go-ahead from the Federal Communications Commission to wind down its operations by the end of the month, after the agency agreed it had done what it was intended to do.
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June 04, 2025
ContractPodAi Launches Tariff-Focused AI Software
Contract management software provider ContractPodAi, which offers an automated legal assistant called Leah, announced the release of a tariff-focused chatbot that tracks global tariffs and trade regulations.
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June 04, 2025
Ex-Potomac Law Partner Joins Pierson Ferdinand In Boston
Pierson Ferdinand LLP has added a former Potomac Law Group partner with experience representing OpenSky in patent fights involving VLSI to the firm's intellectual property department in Boston.
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June 04, 2025
Albright Ends Traxcell's Patent Cases Targeting Grubhub, Lyft
U.S. District Judge Alan Albright has tossed a pair of lawsuits accusing Grubhub and Lyft of infringing a Traxcell Technologies wireless network system patent, saying the patent owner failed to show that either the food ordering service or ride-hailing company actually uses the system.
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June 04, 2025
CFPB Resumes $4.2M Redress After Pressure From States
California's Department of Financial Protection and Innovation said Wednesday that the Consumer Financial Protection Bureau is now making good on a $4.2 million redress plan for former students of a shuttered sales-training firm, following agency delays and subsequent pressure from various states.
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June 04, 2025
Datasite Acquires Grata To Bolster AI-Driven Market Platform
Cloud-based merger and acquisitions software provider Datasite, advised by Wilkie Farr & Gallagher LLP, said Tuesday it has acquired Grata, a private market intelligence company represented by Orrick Herrington & Sutcliffe LLP, in a deal aimed at bolstering Datasite's AI-driven sourcing and research capabilities.
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June 04, 2025
Calif. Assembly Passes Internet Price Cap, Moving To Senate
The California State Assembly on Wednesday passed a bill that would mandate a low-cost option capping the price of high-speed internet service for low-income families at $15.
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June 04, 2025
Epic Wins IP Award Interest Fight With Tata At 7th Circ.
The Seventh Circuit on Wednesday sided with Epic Systems and ordered a lower court to recalculate interest on a $140 million punitive damages award it won against Tata Group in an intellectual property case, saying interest ran from the first judgment in 2017 even though an amended version was entered five years later.
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June 04, 2025
FTC Can't Exclude TikTok Blackout From Meta Case
Meta Platforms can point to TikTok briefly going dark at the beginning of 2025 as it tries to fend off claims that it is monopolizing the social media market, after a D.C. federal judge refused to let the Federal Trade Commission lock the case to evidence from the year 2023.
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June 04, 2025
FCC Hopes To Junk 'Dead Wood' In Cable Regs, Chair Says
The Federal Communications Commission wants to eliminate 77 regulations affecting the cable industry that the FCC's Republican chief says are outdated.
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June 04, 2025
Public Remarks Limited In Megan Thee Stallion's Trial Lies Suit
A Texas social media personality defending herself against Megan Thee Stallion's cyberstalking lawsuit agreed to stop posting about the case after the rapper told a Florida federal judge on Wednesday that public statements could incite violence, weeks after fellow recording artist Tory Lanez was stabbed in a California prison.
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June 04, 2025
Lawmakers Say Recent Rocket Mortgage Deals Need Scrutiny
A group of lawmakers is calling on antitrust enforcers to scrutinize online mortgage giant Rocket's recent deals for real estate brokerage website Redfin and mortgage company Mr. Cooper over concerns that Rocket is trying to dominate the entire homebuying process.
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June 04, 2025
Meta Inks 20-Year Deal With Ill. Energy Provider To Develop AI
Meta has struck a 20-year deal with Constellation Energy to purchase nuclear power from an Illinois plant to help fuel its development of artificial intelligence technology, the companies announced Tuesday.
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June 04, 2025
Cognizant Granted Some DHS Docs In Visa Fraud Case
A New Jersey federal judge has ordered the U.S. Department of Homeland Security to confer with attorneys for Cognizant Technology Solutions Corp. on how much to broaden a search for materials related to two types of visas, in a case brought by a former executive alleging the company defrauded the government through its visa applications.
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June 04, 2025
Aerospace Coms Group Asks FCC To Redo Launch Changes
A radio communications group representing the country's largest aerospace companies and defense contractors is asking the Federal Communications Commission to rethink certain recent procedural changes for space launch operations, arguing that more safeguards are needed to protect incumbent flight test operations from potential space launch interference.
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June 04, 2025
Apple Can Shield Info In NJ TikTok Addiction Suit
A New Jersey state court will allow Apple Inc. to inject itself into the state attorney general's high-profile lawsuit accusing TikTok of designing features that harm and cause addiction in children, allowing the manufacturer of the iPhone to argue, away from public view, that certain content in the lawsuit should be redacted.
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June 04, 2025
Fed. Circ. Won't Revive $15M Patent Verdict Against Google
The Federal Circuit on Wednesday shot down an audio programming patent owner's request to undo a Delaware federal judge's ruling that threw out a $15.1 million jury verdict against Google.
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June 04, 2025
Judge Won't Block Amazon From Talking To Depo Witnesses
A federal judge on Tuesday rejected the Federal Trade Commission's bid, in its antitrust case against Amazon, seeking to block lawyers representing the e-commerce giant from conferring with witnesses during breaks in their depositions.
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June 04, 2025
Chancery Strips Amazon, Others From $1.3B Zoox Merger Suit
Delaware's chancellor has kept alive breach of fiduciary duty claims against most directors and two officers of self-driving taxi venture Zoox Inc. over its $1.3 billion acquisition by Amazon, while dismissing Amazon itself and rejecting stockholder fee-shifting claims.
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June 04, 2025
Chip Trade Secret Conviction Specific Enough, 1st Circ. Hints
The First Circuit on Wednesday appeared skeptical of arguments that jurors who convicted a former Analog Devices Inc. engineer of possessing trade secrets improperly glossed over the difference between what was described in the indictment and what was actually found during a search of his electronic devices.
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June 04, 2025
MoFo Can't Escape Perkins Coie's 'Taint' In IP Suit, Court Told
Biometric security company FaceTec told a California federal judge that Morrison & Foerster LLP should be barred from representing identity verification platform Jumio in a patent suit, arguing that its participation is "tainted" by the actions of disqualified co-counsel Perkins Coie LLP.
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June 04, 2025
Ex-Kirkland Project Finance Atty Joins McGuireWoods In NY
McGuireWoods LLP has added Sharaf Islam as a partner from Kirkland & Ellis LLP to help expand the firm's project finance group with an attorney versed in digital infrastructure and renewable-energy deals.
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June 04, 2025
Brookfield Plugs $10B Into Swedish AI Hub
Private equity giant Brookfield Asset Management announced Wednesday it will invest up to 95 billion Swedish krona (around $10 billion) into the construction of a new data center in Sweden that will support artificial intelligence development.
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June 04, 2025
FCC Republican Says He's Leaving Agency This Week
Nathan Simington, one of only two Republicans on the Federal Communications Commission, said Wednesday he will leave the agency at the end of this week.
Expert Analysis
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Opinion
Lawsuits Shouldn't Be Shadow Assets For Foreign Capital
Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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How To Accelerate Your Post-Attorney Career Transition
Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.
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Key Takeaways From The 2025 Spring Antitrust Meeting
Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.
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5 Key Licensing Considerations For AI Innovations
As businesses increasingly integrate artificial intelligence technology into their operations, they must prepare to address complex intellectual property challenges and questions surrounding licensing AI-based innovations, which require careful consideration of ownership, usage rights and regulatory compliance, says Lestin Kenton at Sterne Kessler.
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3 Action Items For Innovators Amid Fintech Regulatory Pivot
As the federal banking agencies seek to smooth the way for banks to engage in crypto-related activities, banks and technology companies should take note of this new chapter in payments services, especially as leadership in digital financial technology becomes a national priority, says Jess Cheng at Wilson Sonsini.
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Opinion
GENIUS Act Can Bring Harmony To Crypto-Banking Discord
By embracing crypto innovation while establishing appropriate guardrails, the so-called GENIUS Act charts a path forward that promotes financial inclusion and technological advancement without compromising stability or constitutional rights, says J.W. Verret at George Mason University's Antonin Scalia Law School.
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Series
Law School's Missed Lessons: Be An Indispensable Associate
While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.
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Protecting Brand Identity In An AI-Driven Marketplace
A lawsuit recently filed in New York federal court marks a critical moment in the intersection of artificial intelligence and trademark law, underscoring the importance of — and challenges surrounding — IP owners' ability to protect their brands as AI-generated content continues to grow, says Wendy Heilbut at Heilbut LLC.
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Mass. AG Emerges As Key Player In Consumer Protection
Through enforcement actions and collaborations with other states — including joining a recent amicus brief decrying the defunding of the Consumer Financial Protection Bureau — Massachusetts Attorney General Andrea Campbell has established herself as a thought leader for consumer protection and corporate accountability, say attorneys at Troutman Pepper.
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Series
Birding Makes Me A Better Lawyer
Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.
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What Cos. Should Know About U.S. Minerals Executive Order
President Donald Trump's new executive order aimed at boosting U.S. mineral production faces challenges including land use and environmental regulations, a lack of new funding, and the need for coordination among federal agencies, but it provides industry stakeholders with multiple opportunities to influence policy and funding, say advisers at Holland & Knight.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q1
Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.
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How To Ensure Confidentiality When Using AI In Discovery
In light of a recent case in the Southern District of New York involving the dissemination of AI-generated content containing confidential information, there are steps that law firms and lawyers should take to protect client and third-party data during litigation, say attorneys at Steptoe.
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An Update On IPR Issue Preclusion In District Court Litigation
Two recent Federal Circuit rulings have resolved a district court split regarding issue preclusion based on Patent Trial and Appeal Board outcomes, potentially counseling petitioners in favor of challenging not only all the claims of an asserted patent, but also related patents that have not yet been raised in district court, say attorneys at Alston & Bird.
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Series
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.