An economist panned cryptocurrency and its related blockchain technology as overhyped scams before the Senate Banking Committee on Thursday, offering testimony that was countered by an advocate who praised these innovations as on par with the birth of the internet.
The law firm Doar Rieck Kaley & Mack accused Rick Gates, a former member of President Donald Trump's campaign and an ex-business associate of Paul Manafort, in New York federal court on Thursday of skipping out on a $368,525 bill for its work stemming from charges brought by Special Counsel Robert Mueller.
Sonic Drive-In customers in multidistrict litigation over the national fast food restaurant chain's 2017 credit card data breach have asked an Ohio federal judge to approve a $4.3 million settlement.
Courts around the country have issued a number of important decisions over the past few months, including an Ohio court’s first-of-its-kind finding that lost bitcoin is covered property under a homeowner’s policy and the Sixth Circuit’s ruling that a bank’s insufficient notice to its insurers defeated its claim for $75 million in False Claims Act coverage. Here, Law360 looks at four key insurance rulings you may have missed.
Fiat Chrysler has asked the U.S. Supreme Court to allow it to immediately appeal an Illinois district court’s certification of drivers claiming Jeep Cherokees were vulnerable to hacking, saying the Seventh Circuit ignored “manifest errors” in the class certification order that cleared the way for a multistate trial.
The U.S. Securities and Exchange Commission has blocked an upcoming initial coin offering after alleging in California federal court that the company behind it falsely claimed it received regulatory approval from not only the SEC but also a fictitious agency called the Blockchain Exchange Commission.
DocuSign’s chief legal officer and Visa Inc.'s vice president of global risk told attorneys at DLA Piper’s technology conference in Silicon Valley on Wednesday that so-called smart contracts capable of electronically processing contractual steps will soon be commonplace, while security experts warned that cyberattacks are a new norm.
Consumer advocates hit back at calls from tech giants such as Google and Apple asking for federal lawmakers to enact a uniform national privacy law that wipes out more stringent state rules, telling a seemingly receptive Senate committee on Wednesday that recent legislative efforts in the European Union and California should be viewed as models and not disregarded.
The U.S. Department of Transportation’s newly updated policy on self-driving or autonomous cars eases the rules for development while also paving the way for upgrading infrastructure and integrating the new technology with other modes of transportation, experts say. Here, Law360 examines a few takeaways from the Automated Vehicles 3.0 guidance.
A member of China's intelligence agency has been extradited to the U.S. to face charges of attempting to gather trade secrets from jet engine manufacturer GE Aviation, federal prosecutors announced Wednesday.
Security software company Sophos Group PLC’s general counsel on Wednesday warned attorneys at DLA Piper’s technology conference in Silicon Valley of the impacts of new Trump-era rules governing international tech transactions, saying completing those deals may take longer, be more costly and might not happen.
LeClairRyan has brought on an attorney from the Federal Reserve Bank of San Francisco who specializes in privacy, data security, financial services and white collar matters and litigation, the firm announced Tuesday.
All law firms are targets for cybercriminals, but while the larger legal players have implemented measures to protect their data, small and midsize firms are less likely to devote the necessary time and resources to doing so, according to a report released Wednesday.
Justice Ruth Bader Ginsburg has left open the possibility that the U.S. Supreme Court will examine whether U.S. Commerce Secretary Wilbur Ross will be questioned over adding a citizenship question to the 2020 census, granting the federal government's bid to pause the scheduled deposition.
Cybersecurity firm Imperva Inc. said Wednesday it will go private in a $2.1 billion deal with technology focused investment firm Thoma Bravo LLC, with Fenwick & West LLP guiding the seller and Kirkland & Ellis LLP representing the buyer.
New York Attorney General Barbara Underwood and 34 other state attorneys general have urged the Federal Communications Commission to create new rules that will authorize telephone service providers to block illegal robocalls made to consumers across the country.
A California man who pled guilty to selling stolen bank account information later used by Russian online trolls to arrange payments related to an alleged influence campaign intended to tip the 2016 election toward President Donald Trump was sentenced in D.C. federal court Wednesday to six months in prison.
A California federal judge on Tuesday refused to preliminarily approve Total Merchant Services Inc.’s $7.5 million deal to resolve putative class allegations that the credit card processor was behind more than 235,000 telemarketing calls that violated the Telephone Consumer Protection Act, saying the settlement has “a number of problems.”
North Carolina's attorney general is pressing Facebook for more information about a recent data breach that enabled hackers to gain access to nearly 50 million user accounts, claiming that the social media giant has so far failed to fully disclose several "pertinent facts" or to assure users that they are not "trading away their privacy" when they create an account.
BuzzFeed told a Florida federal court Tuesday that despite Aleksej Gubarev’s protestations, the Russian technology executive is a public figure for the purposes of his defamation suit over the website’s publication of a dossier alleging ties between Russia and President Donald Trump.
In a new, extraordinary book, "Tough Cases: Judges Tell the Stories of Some of the Hardest Decisions They’ve Ever Made," 13 of my judicial brethren have courageously and dramatically humanized the judicial process, says U.S. District Judge Frederic Block of the Eastern District of New York.
There are several aspects of the California Consumer Privacy Act that will affect the work of transactional attorneys, particularly those involved in mergers and acquisitions and in drafting contracts with vendors and business partners, say attorneys with Munger Tolles & Olson LLP.
The Missouri Legislature recently changed the law regarding production of medical records by health care providers. It appears to mean that providers can meet requirements to administer a patient's records with a written statement that no such records exist, says Dennis Harms of Sandberg Phoenix & Von Gontard PC.
At its most recent meeting, the Judicial Panel on Multidistrict Litigation issued a decision separating and remanding an individual plaintiff's claims from an ongoing data breach MDL. Practitioners should note this example of the panel's power to break up an MDL and sever claims that, in its view, do not belong in such a proceeding, says Alan Rothman of Arnold Porter.
President Donald Trump issued an executive order this month authorizing new sanctions against parties determined to have interfered in U.S. elections. In the event more sanctions are imposed, the number of sanctions targets could increase significantly, placing additional importance on screening of transaction parties and their ownership structures, say attorneys at White & Case LLP.
Much time and attention have been focused on improving lawyers' abilities to communicate with and persuade juries in complex trials. But it is equally important to equip and prepare jurors to become better students in the courtroom, say attorneys with DLA Piper and Litstrat Inc.
While some believe that two recent circuit court decisions — Medidata Solutions and American Tooling — represent a shift toward broadening insurance coverage for phishing attacks, the courts' imprecise interpretation of "integrity" and "instructions to" a computer system casts doubt on whether the decisions will stand, says Joshua Mooney of White and Williams LLP.
While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.
Since its inception in 2009, U.S. Cyber Command has been functioning concurrently and under the same leadership as the National Security Agency. In the beginning this may have been appropriate, but in today’s environment they should be conducting their missions independently, says Daniel Garrie of JAMS.
When approaching M&A, investments and other transactions associated with artificial intelligence, we must take into consideration the nature of the technology today, the anticipated technological developments and the evolving legal landscape, say Lee Tiedrich and Daniel Gurman of Covington & Burling LLP.