Stockholders who have regained control of a derivative challenge to Oracle Corp.'s $9.3 billion purchase of cloud computing rival NetSuite Inc. argued Friday that the Oracle committee that had taken over to investigate the deal was stonewalling by refusing to share key records it collected.
The SEC has obtained an asset freeze in a case alleging that two residents of Utah engaged in a cryptocurrency fraud that included a Colombian cryptocurrency trader and lost investors over $12 million across two schemes, according to court documents unsealed Friday.
A New Jersey federal judge has refused to dismiss a proposed securities class action accusing a Xerox spinoff of keeping investors in the dark about tech issues and problems with a vendor, ruling Friday that Conduent must face the suit.
Google is urging a New Mexico federal judge to ax the state attorney general's claims that the tech giant is illegally collecting children's personal information through its free suite of educational tools, arguing that Federal Trade Commission guidance allows companies to rely on schools to provide or obtain parental consent for these practices.
A California federal judge on Friday refused to toss a decade-old proposed class action on remand from the U.S. Supreme Court that claims Google violated privacy statutes by sharing users' search terms with third parties, finding that the users have standing under Spokeo to pursue their claims.
Staff members on the presidential campaigns of Donald Trump and Joe Biden were recently targeted by state-backed phishing attempts from Iran and China, respectively, according to Google, which says it saw no evidence that the attempts succeeded.
A New Hampshire heat management company fended off much of a Taiwanese competitor's challenges to three computer-cooling patents even though it failed to persuade the Patent Trial and Appeal Board that a Japanese patent application didn't qualify as prior art.
Google and other tech leaders have told the U.S. Supreme Court the Federal Circuit was wrong to find that a jury must determine what constitutes a reasonable royalty rate for Ericsson's standard-essential patents and that the ruling threatens the vital role judges play in resolving licensing disputes.
A Mississippi federal judge on Thursday tossed a patent holder's suit accusing Mississippi Power Co. of infringing an automatic bill payment system patent, saying the patent's "silence" on the means used to facilitate billing transactions with QR codes doomed it under Alice.
Tech companies including Apple, Google and Microsoft are pushing back on a petition to stay the FCC's approval for wireless services in the 6 GHz band, which is already shared by critical infrastructure companies and utilities.
More Chinese public companies are considering listing their shares abroad as they mull alternatives before a looming crackdown by U.S. policymakers concerned that Chinese issuers have long dodged transparency requirements governing U.S.-listed companies.
SpaceX is pushing back on recent suggestions that the 12 GHz spectrum band should be repurposed for next-generation mobile service, saying it already plans to use the band to power satellite broadband.
A group of Dallas-area homeowners must arbitrate their state court fraud and conspiracy claims against digital home services marketplace HomeAdvisor Inc. because they agreed to the terms when they submitted searches for contractors on the website, a Texas appellate court has ruled.
Federal financial agencies have been given two weeks to sift through tens of thousands of documents related to Capital One Financial Corp. after a federal magistrate judge hearing consumer litigation over the bank's massive 2019 data breach ruled that bank regulators could assert privilege to withhold documents only by going through each one.
The COVID-19 pandemic has severely slowed the commercial real estate market as investors are skittish and banks are reluctant to loan, and while the IRS on Thursday provided important relief for investors in opportunity zone projects, questions and hurdles for such deals still remain. Here, Law360 looks at several.
Payment processor Shift4 Payments' shares soared on Friday after the financial technology company raised $345 million in a Latham & Watkins LLP-steered initial public offering that priced above the expected range.
Zoom Video Communications Inc.'s chief legal officer is moving up in the company to become its first chief operating officer, according to a Thursday filing the videoconferencing company made with the U.S. Securities and Exchange Commission.
Sen. Amy Klobuchar, D-Minn., and Rep. Anna Eshoo, D-Calif., have called on congressional leaders to get behind their emergency broadband bill, which would create a billion-dollar fund to support high-speed internet access for college students stuck at home amid the COVID-19 pandemic.
In this week's Taxation With Representation, gaming company Zynga buys Turkey-based Peak for $1.8 billion, snack company Utz makes a $1.6 billion merger, and Australian digital payment company Zip increases its equity holdings in QuadPay.
An Intermedia Labs Inc. investor has filed a lawsuit in Delaware Chancery Court seeking records related to the company's sale of the mobile application HQ Trivia to a private investor amid the company's financial struggles.
The coronavirus crisis has increased urgency for broad and global reform of the international tax system, said Paolo Gentiloni, the European Commission's top tax official, adding that the commission plans to propose recommendations in an upcoming document on tax governance.
The Federal Communications Commission's decision to approve a long-pending satellite 5G plan is under fire from the Pentagon and the commercial aviation industry, but experts say the political clout of these mighty institutions has little chance of unwinding the decision.
Epstein Becker has poached a U.S. Food and Drug Administration law expert from Hogan Lovells, Clyde & Co. nabbed two health care partners across the pond and Prevail Therapeutics hired away an in-house lawyer from Allergan, headlining Law360's latest roundup of personnel moves in the health care and life sciences arena.
The Federal Circuit on Thursday affirmed a Patent Trial and Appeal Board ruling that invalidated part of a Huawei patent that had been challenged by Samsung, disagreeing with Huawei that the board misinterpreted the claims.
The Federal Trade Commission has hit a mobile game developer with a $4 million penalty for allegedly permitting advertisers to collect personal information from children who use its apps, a move opposed by Commissioner Noah Phillips, who said the penalty was "too much" given the relatively little harm caused to consumers.
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.
To assure the preservation of the public interest in public-private partnerships like AstraZeneca's planned distribution of a COVID-19 vaccine created in the labs of Oxford University, it is important that patents are adequately addressed in the technology transfer agreements, says Roya Ghafele at OxFirst.
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.
The Minnesota Supreme Court's Maslowski v. Prospect Funding Partners decision this week reaffirms that the doctrine of champerty is archaic, impedes important litigation finance activity, and should be abolished in the handful of states where it remains alive, says Andrew Cohen at Burford Capital.
Use of mobile apps may enhance COVID-19 prevention and remediation in the workplace but also comes with privacy, safety and labor law compliance risks worth evaluating, say attorneys at Epstein Becker.
Because a license-to-all system for standard-essential patents — such as those held by Qualcomm and automakers — inhibits commerce less than an access-to-all system and is more consistent with standard setting organization policies, it should emerge as the default in the ongoing royalty calculation debate, says professor Thomas Cotter at the University of Minnesota Law School.
Our recent survey reveals that while many communications and media companies are planning new corporate structures or product offerings to keep up with their industry’s exponential growth, they need to improve how they identify and address indirect communications tax compliance, says Toby Bargar at Avalara.
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.
A California emergency rule tolling the statute of limitations for civil causes of action conflicts with statutes enacted by the Legislature, and could lead to litigation over the state Judicial Council's authority, say Mitchell Tilner and Andrea Russi at Horvitz & Levy.
A key component of a successful damages theory based on prior licenses — as demonstrated in two recent federal trials — is support from a technical expert who can identify comparable agreements and offer a technology-based methodology for apportionment, say Laurie Stempler at Desmarais and Dominic Persechini at Intensity.