The Republican chairman of the U.S. Senate's small business committee joined with the panel's top Democrat on Wednesday to urge the Trump administration to disclose more details about the companies that receive Paycheck Protection Program loans from the Small Business Administration, saying more transparency is needed.
A subsidiary of marijuana delivery company Eaze owes a billboard advertisement firm over $1 million in unpaid fees, according to a complaint filed in Oregon federal court on Wednesday.
Shareholders who sued a CBD company for allegedly lying about plans to manufacture a CBD drink and reaping more than $800,000 through insider trading have asked a Maryland federal court to approve a settlement that would impose corporate governance changes on the company.
Aurora Cannabis said on Wednesday that it is offloading its nearly 25% stake in a Canadian liquor store and marijuana dispensary operator, banking 27.6 million Canadian dollars ($20.5 million) but taking a heavy loss on its investment.
A chain of Arizona medical marijuana dispensaries has been spamming users with unwanted marketing texts, according to a proposed class action filed in federal court Tuesday, the latest in a spate of suits alleging a cannabis company has violated the Telephone Consumer Protection Act.
The National Cannabis Industry Association and other groups are urging the Ninth Circuit to strike down the clause in the U.S. tax code that bars marijuana businesses from taking deductions, joining a California dispensary's appeal in its tax case to argue the clause is unconstitutional.
R.J. Reynolds asked a California federal judge on Monday to block a Los Angeles County ordinance that banned flavored vapes when it took effect last month, saying the prohibition was both overly severe and preempted by federal law.
A proposed class of investors in Canadian cannabis company Liberty Health Sciences Inc. urged a New York federal judge Tuesday not to toss their suit alleging the company caused a stock drop after misleading them about the nature of certain transactions.
A Missouri man has sued a CBD company after one of its products allegedly caused him to fail a drug test and lose his job, despite assurances from the CBD store that the product would not trigger a test failure.
Beleaguered cannabis company Green Growth Brands will hit the auction block after a Canadian court on Tuesday cleared its asset sale plan and approved a stalking horse bid that would see creditors buy the company for an estimated $105 million.
A Canadian court on Tuesday approved the nearly $10 million sale of debt-ridden marijuana grower James E. Wagner Cultivation Corp. to a cannabis lender, in a deal the company said will prevent a bankruptcy.
Rhode Island's high court on Friday affirmed a decision finding that W.B. Mason did not violate employment laws when managers asked a supply driver who used medical marijuana to undergo a drug test and fired him after he refused.
A blank check company on Monday announced its plans to combine with global cannabis company Clever Leaves, a sign the industry is open to investment by such companies as more of these entities form with an eye on the sector.
A proposed class of customers is accusing PetSmart of selling a hemp oil for animals that has not been approved by the U.S. Food and Drug Administration, and that the company intended to mislead consumers about the product's legality.
CBD company Just Brands USA Inc. was hit with a proposed class action on Friday in California federal court alleging that the company inflates the amount of CBD on the labeling for its edible products and tinctures, with some containing no CBD at all.
Cannabis company Acreage Holdings on Monday said it secured $60 million through a pair of funding agreements, including $10 million in debt secured with the company's medical marijuana dispensaries in Connecticut.
A medical pot dispensary in California was the latest in a slew of cannabis companies to face a proposed class action over Telephone Consumer Protection Act violations for allegedly sending unwanted spam marketing texts.
A Louisiana bill expanding the list of conditions that qualify patients for medical marijuana and a Missouri bill placing stricter regulations on edible products advanced through their respective statehouses this week. Here, Law360 takes stock of some of the legislative developments in cannabis at the state and federal level.
At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.
Florida has told the state's high court that a medical pot dispensary is not likely to succeed in its claims that Florida's licensing system law for dispensaries amounted to an unconstitutional "special law," saying the statute is reasonable and rational.
Cannabis industry juggernaut Columbia Care is facing a lawsuit in New York state court over claims it conspired to steal a Florida medical marijuana license from the company that applied for it.
Nearly three months after the pandemic stay-at-home orders began, cannabis companies already facing a capital crunch are encountering fewer investors, more questions and harsher terms as they fight to raise the money to stay in business beyond COVID-19.
A cannabis marketing company has asked a California federal court for a timeout in a proposed class action over unwanted texts, saying the fate of the law that consumers are suing under hangs in the balance before the U.S. Supreme Court.
The Nevada secretary of state on Thursday said he is investigating allegations that former MedMen CEO Adam Bierman sought to evade campaign finance laws by pressing a former executive to donate to a Silver State politician.
A Washington federal judge has tossed due process claims brought by a pot growing operation that was forced to close after the county it was located in retroactively banned cannabis production, saying the right to cultivate cannabis is not a protectable property interest under the U.S. Constitution.
A significant challenge in practicing law remotely is the use and handling of documents without paper, because common digital tools such as email or even secure file transfer applications are problematic, say attorneys at Baker McKenzie.
The legal industry is uniquely positioned, and indeed obligated, to respond to the racial disparities made clear by the recent killings of George Floyd and Breonna Taylor, but lawyers must be willing to be uncomfortable, says Tiffani Lee at Holland & Knight.
The current decrease in formality and increase in common ground due to the work-from-home environment can make it easier to have a networking conversation, says Megan Burke Roudebush at Keepwith.
One mistake that attorneys commonly make when presenting a case to a third-party funder is focusing almost exclusively on liability and giving short shrift to the damages analysis — resulting in an aspirational damages estimate that falls apart under scrutiny, say Cindy Ahn and Justin Maleson at Longford Capital and Casey Grabenstein at Saul Ewing.
Attorneys at WilmerHale highlight recent developments in privilege law, the significant challenges raised by nontraditional working arrangements popularized during the pandemic, and ways to avoid waiving attorney-client privilege when using electronic communications.
To properly manage outside counsel, it's imperative for a company's legal department to implement and maintain rules on what they will and won't pay for, on staffing cases and requesting rate increases, and on how matters will be handled, says Chris Seezen at Quovant.
While pulling off an effective summer associate program this year will be no easy feat, law firms' investments in their future attorneys should be considered necessary even during this difficult time, says Summer Eberhard at Major Lindsey.
History suggests that legal malpractice claims will rise following the current economic downturn, and while a certain percentage of the claims will be unavoidable, there are prophylactic steps that law firms can take, says John Johnson at Cozen O'Connor.
Concerns that videoconferenced arbitration hearings compromise an arbitrator's ability to reliably resolve credibility contests are based on mistaken perceptions of how many cases actually turn on credibility, what credibility means in the legal world, and how arbitrators make credibility determinations, says Wayne Brazil at JAMS.
Ensuring uninterrupted client service and compliance with ethical obligations in a time when attorneys are more likely to fall ill means taking six basic — yet often ignored — steps to build some redundancy and internal communication into legal practice, say attorneys at Axinn.
Many remote meeting technologies include recording features as default settings, raising three primary concerns from a legal discovery and data retention perspective, and possibly bringing unintended consequences for companies in future litigation, says Courtney Murphy at Clark Hill.
In-house counsel may assume that "elite" law firms will turn up their noses at the idea of contingent fees, but such arrangements, whether pure or hybrid, are offered by many firms — even to defendants — and may be the answer to tight litigation budgets, say attorneys at Fish & Richardson.
When the dark cloud of COVID-19 has passed and resolution centers are once again peopled with warring parties and aspiring peacemakers, remote mediations will likely still be common, but they are not going to be a panacea for all that ails the dispute resolution industry, says Mitch Orpett at Tribler Orpett.
For professors, trainers, lawyers, students and businesses grappling with the unexpected challenges of distance learning, trial attorney and teacher James Wagstaffe offers best practices for real-time online instruction.
Business disputes are not a priority for courts right now, so companies looking to protect their trade secrets or rights to contractual performance must tailor their requests for emergency relief to the unique circumstances of this time, says Shannon Armstrong at Holland & Knight.