Private equity-backed financial technology company nCino said Tuesday it expects to raise $175 million in an initial public offering guided by Sidley Austin LLP and Ropes & Gray LLP.
Real estate analytics business CoreLogic on Tuesday forcefully rejected an unsolicited bid to take the company private in a deal valuing it at $7 billion and said it's adopted a shareholder rights plan to prevent a takeover.
Italian sportswear company Lotto Sport Italia has asked an Arizona federal judge to reject a bid by the owner of an online gambling company for attorney fees in a suit over the use of his registered internet domain names.
Nutter McClennen & Fish LLP has bolstered its intellectual property department with the addition of a longtime Brown Rudnick LLP attorney with broad experience counseling clients on all aspects of building and defending their patent and brand portfolios.
Data analytics giant Palantir said it confidentially submitted a draft registration statement for a potential initial public offering, not long after filing plans to raise about $960 million in a private offering.
A floated new tax on large companies would raise the cost of doing business and undermine the European Union's recovery from the coronavirus pandemic crisis, a German business group said in a report Tuesday.
Vantage Data Centers, advised by Jones Day, has agreed to the formation of a $3.5 billion partnership with an investor group led by private equity firm Colony Capital that will focus on expanding Vantage's portfolio of hyperscale data centers across North America and Europe, the companies said Tuesday.
The U.S. Supreme Court on Monday fueled the already booming Telephone Consumer Protection Act litigation landscape by expanding the universe of illegal robocalls, but the fragmented nature of the ruling and unanswered questions about a key statutory term leave the door open for companies to fight back.
Pharmaceutical technology company Rymedi Inc. is looking to drop its action in Delaware federal court against a hemp consultant for allegedly breaching a nondisclosure agreement and libeling the company with claims of intellectual property theft, Rymedi said in a recent filing.
The panel that sets precedent for the Patent Trial and Appeal Board ruled Monday that the board can't usually raise its own grounds of unpatentability when rejecting proposed patent amendments, and must stick to the ones raised by the patent challenger.
The U.S. General Services Administration opened bids Monday on a $50 billion information technology deal for small businesses, saying it will roll parts of the Pentagon's pending overhaul of defense contractor cybersecurity requirements into the contract.
A California federal jury trial for a Russian man whom the U.S. government accuses of breaching LinkedIn and Dropbox resumed Monday in San Francisco after a nearly four-month hiatus prompted by COVID-19 concerns, making it the first jury trial in the Northern District of California since the pandemic began.
New York drivers told a federal judge that Uber shouldn't be allowed to wield its arbitration provision to deprive them of their day in court, insisting Uber must face claims it shortchanged drivers' fares by deducting ride-hailing taxes as well as inflated service fees.
Yelp has asked the Ninth Circuit to consider a couple of new decisions that strengthen its argument for upholding dismissal of a suit claiming the review giant is liable for texts that Buffalo Wild Wings sent out to customers using its software.
A Facebook Inc. investor is demanding sweeping changes at the social media giant, including the removal of Mark Zuckerberg as board chairman, over a "failure to curtail hate speech" that led to an employee walkout and advertiser exodus.
A Texas federal judge refused Sunday to cut a Japanese electronics company from a suit accusing tech firms of jacking up the cost of licensing their mobile technology patents, finding the company had been properly served with the complaint through its U.S. subsidiary.
A PIMCO venture is reportedly close to a deal to buy a San Francisco property from Juul Labs, Hill Country Barbecue is said to have renewed its lease for 10,990 square feet in New York for 12 years, and PNC Bank has reportedly loaned $66.27 million for a South Florida senior living project.
California investment firm Arca, advised by Morrison & Foerster LLP, introduced its Arca U.S. Treasury Fund on Monday, which it says is the first ever U.S. Securities and Exchange Commission-registered closed-end fund to offer digital securities.
Brazilian digital education provider Vasta Platform Ltd. filed an initial public offering on Monday preliminarily set to raise $100 million, joining a bevy of companies that filed for IPOs before the holiday weekend and are filling the July pipeline.
A California judge said Monday the Communications Decency Act likely shields Twitter from a lawsuit demanding that the company apply its policies uniformly to the president's tweets, reasoning that Twitter didn't write the tweets and its policy of nonenforcement falls within the traditional scope of a publisher protected by the CDA.
The U.S. Department of Justice has told a D.C. federal court it allowed T-Mobile to keep about 11,000 subscribers from Sprint's prepaid mobile business that were supposed to be divested to Dish Network as a concession to T-Mobile and Sprint's $56 billion merger.
Cliffe Dekker Hofmeyr and Latham were among the more than half-dozen law firms that landed work on the largest hotel transactions during a sluggish second quarter that saw deal flow fall markedly because of the COVID-19 pandemic.
A Dallas-area personal injury law firm has dropped a federal suit and filed a new state court suit against the operator of an attorney referral website and a rival firm it accuses of working together to manipulate search engine results and steal potential clients.
The Fifth Circuit has determined that drilling data company Petrolink Services Inc. will get another chance to prove it's entitled to about $1 million in attorney fees for a lawsuit in which it beat back copyright infringement claims but was found by a jury to have unjustly enriched itself.
A Chinese telescope company's chairman is on the hook for more than $4 million in sanctions to U.S. rival Optronic Technologies Inc. after the telescope seller smuggled that amount out of the U.S. following a $50 million antitrust judgment.
A Texas federal judge’s recent holding in McDonald v. Sorrels that mandatory bar memberships do not violate members' constitutional rights indicates that such requirements survive the U.S. Supreme Court's 2018 decision in Janus, but it may mean that the Supreme Court will address the issue in the not-too-distant future, say Majed Nachawati and Misty Farris at Fears Nachawati.
Notwithstanding the questionable legality of the presidential order circumscribing a safe harbor law for companies hosting online content, social media companies should review their terms of service and content moderation guidelines for clear demarcation of third-party content, say attorneys at Rothwell Figg.
Retrospectively applying the U.S. Supreme Court's new patent-eligibility standards to three patents from the '80s and '90s shows how past innovative subject matter no longer meets the redefined threshold, and that Congress must rebalance the patent system, say Alejandro Fernandez and Stephen Leahu at Akerman.
Attorneys should accept that remote mediation may be their only current option for resolving a dispute and take steps to obtain a fantastic outcome for their clients, including making sure the right people attend the remote mediation and beginning the session with an apology, says Eric Meyer at FisherBroyles.
With the increasing use of electronic agreements during the pandemic, businesses must beware that clickwraps — standard end-user license or terms-and-conditions agreements — can be a hotbed of class action litigation if not done right, say Neel Chatterjee and Victor Wang at Goodwin.
A recent survey shows that law and prelaw students have serious concerns about the quality and value of remotely provided legal education, and rapid action from the legal community is necessary to prevent promising young people from leaving in favor of other professions, says Mehran Ebadolahi at TestMax.
Taking post-pandemic cyberthreat predictions and steps to mitigate them into account, companies should develop or update incident response and business continuity plans to be more effective and improve their cyberresilience, says Anthony Ferrante at FTI Consulting.
The recent New York state appeals court decision in Shatz v. Chertok illustrates that the good faith and fair dealing doctrine — despite its seeming role as a last resort in commercial claims — can survive a motion to dismiss due to its flexibility, says Edmund O'Toole at Venable.
While few courts have addressed the attorney-client privilege or work-product doctrine in the context of online collaboration tools, existing case law supports five best practices as organizations increasingly use these tools in the COVID-19 era, say Christopher Campbell and Marcus Sandifer at DLA Piper.
Last week, the Organization for Economic Cooperation and Development held an off-the-record roundtable on consumer data rights and competition. Pauline Tang at Axinn reviews the publicly available presentations from the OECD secretariat, the United States, European Union, United Kingdom and Japan.
At the Federal Circuit, patents are being found eligible almost exclusively under step one of the U.S. Supreme Court's Alice test — but with all the hallmarks of factual inquiry thought to be the province of step two, say Stephen Schreiner and Jim Carmichael at Carmichael IP and Tom Scott at Personalized Media Communications.
Companies should understand the three types of intellectual property protection for safeguarding proprietary artificial intelligence — which is crucial to fighting the pandemic — as well as tools for creating protections when statutory means fall short, say Lori Bennett at Aetion and attorneys at Mayer Brown.
Even before the pandemic, troubling data about mental distress among lawyers pointed to a profession in crisis, but addressing the challenge requires a better understanding of the causes, says Jonathan Prokup at Cigna Corp.
Last week, the Organization for Economic Cooperation and Development held an off-the-record roundtable on startups, killer acquisitions and merger control. Angelina Whitfield at Axinn reviews some of the public statements made by speakers concerning regulators' mechanisms for assessing competitive harm from these transactions.
Michael Sartori and Matt Welch at Baker Botts analyzed 10 years of data and found that knowing the type of examiner at the U.S. Patent and Trademark Office can help an applicant anticipate the likely costs to obtain a patent.