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Technology
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June 26, 2025
Lime Revs Up IPO, Crypto's Prospects Rise, And More Rumors
Uber Technologies Inc.-backed electric bike startup Lime is moving forward on a U.S. initial public offering, while more crypto ventures are seeking public listings and insurance giant BrightHouse inches closer to a sale.
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June 26, 2025
3 Firms Guide EQT On $1.1B Sale Of Pioneer To CarUX
Morrison Foerster LLP, White & Case LLP and Nagashima Ohno & Tsunematsu are serving as legal counsel to EQT on a $1.1 billion deal to sell Pioneer Corp. to CarUX, a subsidiary of Taiwanese panel supplier Innolux Corp., EQT said Thursday.
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June 26, 2025
Marketing Co. Fights For TM Case As X Corp. Seeks Sanctions
Legal marketing firm X Social Media LLC told a Florida federal judge that its claims that Elon Musk's decision to rebrand the social media platform he owns from Twitter to X poses a risk of consumer confusion should be left to a jury, while Musk's company accused the marketing firm of case delays worthy of sanctions.
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June 26, 2025
Latham, Weil Lead PE-Backed Jefferson Capital's $150M IPO
Private equity-backed consumer collections firm Jefferson Capital Inc. rallied in debut trading Thursday after pricing a $150 million initial public offering at the low point of its marketed range, represented by Latham & Watkins LLP and underwriters' counsel Weil Gotshal & Manges LLP.
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June 25, 2025
Stewart, APJ Leader Discretionarily Deny 33 More Petitions
The acting U.S. Patent and Trademark Office director rejected 21 petitions for Patent Trial and Appeal Board reviews on Wednesday, and the board's acting deputy chief judge denied another 12 where the acting director recused herself for the first time.
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June 25, 2025
TCPA Litigants Brace For 'Seismic Shift' After Deference Blow
The U.S. Supreme Court's backing of broad judicial review for the crush of regulatory orders interpreting the Telephone Consumer Protection Act is poised to turn the litigation landscape on its head, as key statutory determinations that have long been viewed as settled matters are suddenly ripe for scrutiny.
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June 25, 2025
Senate Panel Again OKs Bill To Boost Teens' Online Privacy
A longstanding legislative proposal that would ban online targeted advertising to minors and expand digital privacy protections to cover teens between the ages of 13 and 16 began its latest trip through Congress on Wednesday, when the U.S. Senate Commerce Committee easily advanced the measure to the full chamber.
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June 25, 2025
Ill. Appeals Court Won't Undo Biometric Privacy Class Cert.
An Illinois state appeals court has refused to disturb a lower court's order certifying a class of employees suing over time clocks that scanned and used their biometric information, ruling that the common claim in the case presents a question that "is suitable for, if not demanding of, class-wide resolution."
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June 25, 2025
Fed. Circ. Keeps Qualcomm, Apple IP Suit In Texas
The Federal Circuit rejected a petition from Qualcomm and Apple challenging U.S. District Judge Alan Albright's refusal to transfer patent litigation against the two tech giants from Texas to California, saying the companies hadn't met the "demanding standard" to show a "clear abuse" of discretion by the judge.
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June 25, 2025
Full Fed. Circ. Won't Review ITC Marketing Decision
The full Federal Circuit on Wednesday rejected the U.S. International Trade Commission's call to reconsider a panel's holding that sales, marketing and similar expenditures can satisfy domestic industry requirements.
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June 25, 2025
Colo. Justices Unsure If Law Covers AI-Made Child Images
The Colorado Supreme Court expressed uncertainty Wednesday over whether a state statute in place through 2024 made illegal the production of sexually explicit AI-generated images of minors, or if this month's revision to the law proves the 2024 statute did not cover those images.
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June 25, 2025
Security Co. Claims Ex-Exec's Side Biz Stole Guyana Deals
The founder of an Alabama-based perimeter security corporation accused its former chief operating officer of breaching a noncompete agreement, alleging in a Florida state court lawsuit that he formed a rival company to pursue business opportunities in the South American country of Guyana, including a communications deal with SpaceX.
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June 25, 2025
Microsoft Wants Out Of Calif. Residents' Privacy Class Action
Microsoft is urging a Washington federal judge to throw out a proposed class action accusing the company of using advertising and web analytics tools to collect private information about third-party website users, contending that the plaintiffs are "seeking to apply antiquated privacy and wiretapping statutes to cover routine online practices."
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June 25, 2025
Workday Gave 'No Protection' From Harassment, Worker Says
A former software engineer at human resources software firm Workday Inc. alleged in a Wednesday lawsuit that she was driven out of the company after it "offered no protection or assistance" to her as she faced years of harassment and mistreatment from her manager.
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June 25, 2025
Anti-Aging Biotech Startup Minovia Inks $180M SPAC Merger
Minovia Therapeutics Ltd., an Israeli startup developing treatments for age-related decline, plans to go public in the U.S. at a $180 million valuation by merging with special purpose acquisition company Launch One Acquisition Corp., both parties announced Wednesday.
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June 25, 2025
Globalstar Concerned By Potential 'Big LEO' Band Changes
Satellite company Globalstar is once again bashing SpaceX's proposal to rewrite the Federal Communications Commission's rules for the "Big LEO" band, telling agency officials in a recent meeting that there's no need to rethink things and let new entrants into its licensed spectrum.
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June 25, 2025
Fed. Circ. Backs HP Unit's Alice Win In California
The Federal Circuit refused to revive a lawsuit accusing HP unit Polycom of infringing a multimedia communication patent, backing a California federal judge's finding that the patent wasn't valid to begin with.
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June 25, 2025
SEC Grants Brokers More Time On Customer-Protection Rule
The U.S. Securities and Exchange Commission agreed Wednesday to extend until late June 2026 the time broker-dealers have to comply with recent amendments to a regulation protecting customers, saying that firms need more time to upgrade their operations.
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June 25, 2025
Fed. Circ. Won't Revive Inventor's Patent Suit Against Google
The Federal Circuit on Wednesday denied a bid to revive a patent infringement case from a man who says Google's products use aspects of his threat-detection technology.
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June 25, 2025
Ark., Idaho Push For Jury Trial In Google Ad Tech Case
Arkansas and Idaho are hoping a Texas federal judge will reconsider the decision declaring they don't have a right to a jury trial and, as a result, can't seek civil penalties from Google on their antitrust claims accusing the tech behemoth of manipulating the advertising market.
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June 25, 2025
Team Telecom Gives Its OK To $4.4B T-Mobile, UScellular Deal
T-Mobile's plan to take over most of UScellular's wireless operations in a $4.4 billion deal cleared a regulatory hurdle with approval from the federal group that vets telecom mergers for security concerns.
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June 25, 2025
Alaska Doesn't Need 5G In Most Remote Reaches, FCC Told
Alaskan telecoms should not have to bring 5G-level internet to every corner of the state to which they are designated to deploy under the Alaska Connect Fund, a trade group has told the Federal Communications Commission.
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June 25, 2025
Copyright Office Won't Collapse Sans Perlmutter, Trump Says
The Trump administration has said the fired leader of the U.S. Copyright Office has not shown that the agency's operations "will grind to a halt" if she is not immediately reinstated and asked a D.C. federal judge to reject her motion for a preliminary injunction.
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June 25, 2025
Ad Co. Says Rumble's Boycott Suit Belongs In NY, Not Texas
Media strategy company GroupM Worldwide has asked a Texas federal judge to transfer Rumble's lawsuit accusing the company and others of boycotting the user-generated video platform, arguing that even if the antitrust case survives a pending motion to dismiss, it should be heard in New York.
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June 25, 2025
Meta Beats 'Half-Hearted' Harm Args In AI Fair Use Suit
A California federal judge concluded Wednesday that it was fair for Meta Platforms Inc. to train its Llama large language models with 13 bestselling authors' copyrighted material without their permission, calling their arguments that the tech giant's use of their works would harm the market for their books "half-hearted."
Expert Analysis
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Digesting A 2nd Circ. Ruling On Food Delivery App Arbitration
The Second Circuit recently rejected Grubhub's attempt to arbitrate price-fixing claims, while allowing Uber Eats to do so, reinforcing that even broad arbitration clauses must connect to the underlying dispute and suggesting that terms of service litigation may center on websites' design and content, say attorneys at Greenspoon Marder.
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Bid Protest Spotlight: Instructions, Price Evaluation, Standing
In this month's bid protest roundup, Caitlin Crujido at MoFo looks at three recent decisions that consider a contractor's attempt to circumvent unambiguous solicitation instructions, the fairness of an agency's price evaluation and whether a protestor that would be unable to perform even if sucessful has standing.
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5 Ways Banking Has Changed In 5 Years Since COVID
Since the start of the pandemic five years ago, technology, convenience and shifting expectations have transformed compliance for the financial services industry in several key ways, from the shrinking role of the traditional bank branch to the rise of fintech and mobile payments, says Christopher Pippett at Fox Rothschild.
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E-Discovery Quarterly: The Perils Of Digital Data Protocols
Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.
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Mastering The New TCPA Opt-Out Regulations
On April 11, the Federal Communications Commission's new rules concerning the handling of opt-out requests for robocalls and text messages became effective, so companies should prioritize high-value messaging, offer consumers regular opportunities to reconsent to communications, and more, says Aaron Weiss at Carlton Fields.
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A Look At M&A Trends In An Uncertain Deal Environment
Dealmakers are adopting more cautious and deliberate merger and acquisition practices, such as earnout agreements, joint ventures and strategic partnerships that mitigate risk and bridge valuation gaps, amid the slower pace so far in 2025, says Louis Lehot at Foley & Lardner.
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Series
Law School's Missed Lessons: Preparing For Corporate Work
Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.
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Takeaways From Gov't Report On AI Copyrightability
A recent report from the U.S. Copyright Office is a critical step toward establishing a framework for determining the copyrightability of work created in whole or in part by artificial intelligence systems, solidifying the office's positions on AI tools and advanced prompt techniques, say attorneys at Skadden.
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FTC Focus: Synthetic Data Yields Antitrust Considerations
Attorneys at Proskauer explore the burgeoning world of synthetic data, the antitrust implications involved, the Federal Trade Commission's role in regulating this space and practical takeaways from these emerging issues.
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DeepSeek's Emergence And What It Suggests For AI Use
While usage of foreign AI models like DeepSeek could streamline operations and improve efficiency for companies, such AI technologies also bring significant legal and cybersecurity risks that cannot be overlooked, say attorneys at Polsinelli.
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Opinion
The SEC Must Protect Its Best Tool For Discovering Fraud
By eliminating the consolidated audit trail's collection of most retail customer information, the U.S. Securities and Exchange Commission may squander a once-in-a-generation opportunity to deter securities market fraud and abuse, something new Chair Paul Atkins must ensure doesn't happen, says former SEC data strategist Hugh Beck.
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3 Red Flags To Watch For When Valuing Patent Portfolios
As forward-looking intellectual property valuations become increasingly popular, recognizing potential concerns during the due diligence process can help develop a more accurate understanding of a portfolio's true value and potential risk, says Keegan Caldwell at Caldwell Law.
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Meta Case Brings Customer-Facing Statements Issue To Fore
Now that Facebook v. Amalgamated Bank has returned to California federal court after the U.S. Supreme Court in November found it improvidently granted certiorari, it will be worth watching whether customer-facing communications, such as Facebook's privacy policies, are found to be made in connection with the sale of a security, says Samuel Groner at Fried Frank.
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A Cold War-Era History Lesson On Due Process
The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.
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How Latin American Finance Markets May Shift Under Trump
Changes in the federal government are bringing profound implications for Latin American financial institutions and cross-border financing, including increased competition from U.S. banks, volatility in equity markets and stable green investor demand despite deregulation in the U.S., says David Contreiras Tyler at Womble Bond.