The initial public offering market ended midyear on a roll and appears poised for a strong second half of 2020, powered by a robust biotechnology sector and potential debuts from venture-backed technology "unicorns" — barring more pandemic-related setbacks.
Kennet Partners Ltd., advised by Fried Frank, said Thursday that it finalized its fifth fund after securing $250 million from limited partners, with plans to invest in technology companies that were formed without external capital across Europe, the U.K. and the U.S.
White & Case and Hogan Lovells were among more than a dozen firms that helped with the 10 largest real estate mergers and acquisitions deals of the second quarter, five of which were north of the $1 billion mark.
A Patent Trial and Appeal Board panel grappled Wednesday with an argument from Japan Radio that Broadcom Corp.'s revised motion to amend a patent covering global navigation satellite system technology is doomed because Broadcom didn't heed feedback it received from the amendment pilot program.
Facebook is gearing up to appeal to the U.S. Supreme Court a Ninth Circuit ruling reviving claims that it unlawfully intercepted logged-out users' browsing histories, arguing that the dispute presents a chance to resolve a circuit split over whether companies can be held liable under federal wiretap law for receiving communications directly from unknowing users.
A handful of major real estate companies were sued Wednesday in Maryland federal court over allegations they systematically discriminated against older residents in the Washington, D.C., area by targeting housing ads on Facebook to a young customer base.
CardioNet's heart monitor patent cases against two different companies were dealt blows Wednesday by both the Federal Circuit, which invalidated three of the patents under Alice, and a Massachusetts federal judge, who axed infringement allegations on another patent for being filed too late.
Abbott Laboratories wants an Illinois federal judge to toss a former employee's suit claiming the company and its retirement plan record-keeper allowed an imposter to steal $245,000 from her retirement account, arguing that the pharmaceutical giant wasn't responsible for the theft.
The U.S. Department of Defense has partially developed a governance framework and standards for the use of artificial intelligence, yet it needs to do more, including developing capabilities to share data and crafting standards for legal and privacy considerations, the Office of Inspector General said in a report released Wednesday.
From cannabis to video games to three U.S. Supreme Court rulings, the first half of 2020 was a busy time in the world of trademark law. As we head into the back half of the year, here are the seven big trademark decisions you need to know.
Sen. Michael Bennet, D-Colo., on Tuesday introduced legislation to provide $1 billion to tribal governments and $30 billion to states that proponents say could boost competition and better service in parts of the country with limited broadband access.
Bitcoin users who use a virtual bank to complete their transactions have no more of an expectation of privacy than brick-and-mortar bank account holders, the Fifth Circuit ruled while rejecting a felon's argument for evidence suppression in his child pornography case.
A Virginia federal judge pointedly questioned the purpose of a cybersquatting suit Prudential Insurance Co. of America slapped against a Chinese national, noting that while a disputed three-letter domain name is identical to the insurance giant's trademark, it isn't being used at all by the registrant and Prudential has no trademark rights in China.
Israeli cybersecurity software company Tufin overstated its business prospects in North America in the lead-up to its $108 million initial public offering, teeing up a drop in its stock price when the company underperformed, an investor told a New York state court Wednesday.
T-Mobile has made good on its promise to shed all of Sprint's prepaid mobile business in the wake of the telecom giants' $56 billion merger, revealing Wednesday that it has officially closed the divestiture deal with Dish Network for $1.4 billion.
Celestron wants out of a $350 million suit accusing the telescope maker of teaming up with rivals to hike the price of the stargazing devices, slamming the suit as a "transparent and frivolous" effort by a non-party competitor to run it out of business.
The U.K.'s competition authority called on the government Wednesday to set up a new regulatory system to help rein in the power of Facebook, Google and other major technology platforms that generate money through digital advertising.
A Utah federal judge has let a former Convergys worker's wrongful termination suit move forward, ruling there was a question as to whether the employee voluntarily resigned or had her Family and Medical Leave Act rights violated after undergoing treatment for a kidney stone.
Cisco Systems failed to take action against unlawful job discrimination being leveled at one of its employees in California based on India's centuries-old caste system, California's Department of Fair Employment and Housing said in a lawsuit filed Tuesday.
Samsung and patent adversary Image Processing Technologies said Wednesday that they have settled a lawsuit over face detection technology, averting a July 6 jury trial before U.S. District Judge Rodney Gilstrap, who earlier this week refused to delay the proceeding despite Texas' spike in coronavirus cases.
Brazil's competition authority has dropped a recent decision to block a partnership between Facebook and credit card issuer Cielo, but says it will continue probing the deal for possible anti-competitive effects.
A developer is reportedly hoping to build 51 apartment units in Northridge, California, All Year Management reportedly has a new deal to sell 68 New York apartment buildings for $302 million, and Amazon is said to be eyeing a new 1 million-square-foot development project in South Florida.
Shares for data and analytics service Dun & Bradstreet began trading on the New York Stock Exchange on Wednesday in an upsized initial public offering that raised $1.7 billion — the third largest this year — in a deal advised on by Weil Gotshal & Manges LLP and Latham & Watkins LLP.
The U.S. Copyright Office is declining — for now — to push for radical changes to the Digital Millennium Copyright Act that would require websites like YouTube to permanently ban infringing materials, saying such an approach would raise a slew of difficult questions.
Carlyle, advised by L&L Partners and Freshfields, will pay $235 million for a stake in the data center business of Indian telecommunications giant Bharti Airtel, the companies said Wednesday, in an agreement that values the unit at $1.2 billion and strengthens the private equity firm's portfolio of data center assets.
Employers may want to compensate nonexempt employees for time spent on temperature checks related to COVID-19 because the issue has not yet been settled by case law and state laws may differ from the Fair Labor Standards Act, say attorneys at Epstein Becker.
Health care companies with newly remote workforces that are increasingly the target of cyberattacks should take several protective measures beyond merely implementing the patching recommendations suggested by a recent federal government cybersecurity alert, say Elliot Golding and Kristin Bryan at Squire Patton.
The Federal Circuit's recent decisions in CardioNet v. InfoBionic and Uniloc v. LG are a reminder that practitioners should use concrete terms in patent specifications to support claim eligibility in prosecution and litigation, say Thomas Sullivan and John Spangenberger at Lando & Anastasi.
A firm's ability to negotiate a quick restructuring depends critically on its estimated value, so it is crucial to identify the valuation questions that will loom large in a COVID-19 world and examine how they will vary based on a company's preexisting weaknesses, say consultants at Analysis Group.
In this month's bid protest roundup, Alissandra Young and Markus Speidel at MoFo examine three May decisions: The Court of Federal Claims addressed a sole-source award for urgently needed parts; and the Government Accountability Office considered proprietary rights in unsolicited proposals and rejection for the untimeliness of hand-delivered proposals.
A California federal court's recent ruling in Epic Games v. Acceleration Bay, which allows an accused infringer to initiate an action in the district court of its choice and then file an inter partes review, is difficult to square with the America Invents Act's intent, say Sarine Hagopian and Eligio Pimentel at McAndrews Held.
The past few months of lockdown have given rise to some profound patterns — litigators are more cooperative and less adversarial — and as the activities of courts and tribunals resume, lawyers should consider continuing to devote more time and resources to resolving disputes instead of fighting them out, says Matthew Vafidis at Holland & Knight.
To comport with the Fourth Amendment, the proposed COVID-19 Consumer Data Protection Act — which concerns contact tracing — must explicitly prohibit the transmission of geolocation data to law enforcement and include a private right of action, says criminal defense attorney Lara Yeretsian.
A New York federal court's upcoming decision on whether digital tokens should be considered securities in U.S. Securities and Exchange Commission v. Kik, on the heels of a similar case against Telegram Group, will likely help clarify the legal status of blockchain tokens, say attorneys at BakerHostetler.
Law firms in today's financial crisis may be looking at nontraditional arrangements such as portfolio funding or factoring to provide liquidity and cash support, but firms must first consider lawsuits brought against Pierce Bainbridge and other recent developments, says Katherine Toomey at Lewis Baach.
As companies transition out of lockdown from the pandemic, information technology outsourcing will see shifts in service locations, regulation, cybersecurity and contractual clauses, says Amy Levin at Seyfarth.
Companies that implement advanced technology to address pandemic-related concerns when they reopen must first determine whether U.S. export controls on new technologies and critical supplies apply, and may need to expand compliance programs accordingly, say attorneys at Thompson Hine.
By refusing to endorse a policy that would require websites to permanently ban certain content, the U.S. Copyright Office's recent Digital Millennium Copyright Act report, although laudable, does not go far enough to rebalance competing interests, say Doug Mirell and Josh Geller at Greenberg Glusker.
A Florida federal judge's recent order dismissing allegations that Amazon trafficked in property previously confiscated by the Cuban government in violation of the Helms-Burton Act reiterates a plain-language limitation of the act's Title III, say Pedro Freyre and Lolita Sosa at Akerman.
Those seeking resolution in commercial disputes that are stuck in an unavoidable but lengthy court backlog due to the pandemic must consider the advantages of arbitration and mediation over court proceedings, says former U.S. District Judge Shira Scheindlin now at Stroock.