“It is critical for investors to beware of companies exploiting the fanfare around artificial intelligence to raise funds,” SEC enforcement division director Gurbir Grewal said.        

“The resulting influx of cases could have significant consequences for the efficient administration of justice in Delaware, for both Delaware-domiciled companies and Delaware residents,” the defendants said in the application for interlocutory review.        

The new tool, powered by OpenAI’s GPT-4o model, offers more than 500 curated clauses intended to streamline the drafting of clear and effective alternative dispute resolution agreements across industries.        

Three partners who arrived from Akin in London and Washington in April and May were joined by two former colleagues.        

“We continue to live in a volatile world, particularly with many over-leveraged companies,” noted Andrew Troop, Pillsbury’s restructuring practice leader.        

“[T]the statute imposes ‘liquidated damages’ triggered by a short and arbitrary compliance deadline, without any consideration of fault or extenuating circumstances,” the motion to dismiss states.        

“The district court never explained what in the record supported its conclusion that the cease-and-desist order was just and proper,” Judge Richard Wesley wrote for the Second Circuit.        

Jeffrey Taylor, who didn’t land the Fox chief legal officer post after it opened up last year, is jumping to the oil-and-gas giant.        

Biden is expected to formally submit his nominees to the U.S. Senate for confirmation hearings in the very near future, where the nominees appear to have immediate support from their home-state senators.        

A Virginia judge has decided to allow former George Mason University law professor Joshua Wright’s lawsuit against two former students, who now practice in Big Law.