Philly Judge Won't Block FTC Noncompete Ban
By Bryan Koenig
A Pennsylvania federal judge refused Tuesday to temporarily block the Federal Trade Commission's impending ban on employment noncompete agreements, a victory for commission authority that could be short-lived as the agency awaits a final decision from a Texas federal judge who's already indicated an inclination to stop the regulation.
2 documents attached |
Read full article »
| Save to favorites »
US, UK, EU Antitrust Enforcers Outline AI Principles
By Bryan Koenig
The top antitrust officials from the U.S. Justice Department, the Federal Trade Commission, the European Commission and the U.K.'s Competition and Markets Authority presented a unified international commitment Tuesday to closely monitor artificial intelligence technology and the companies that they warned could wield AI anticompetitively.
Statement attached |
Read full article »
| Save to favorites »
SECURITIES & BANKING
CRYPTO & FINTECH
HEALTHCARE & LIFE SCIENCES
Chancery Slams 'Squishy' Deal In 'Tagalong' BioMarin Suit
By Leslie A. Pappas
A visibly irritated Delaware Chancery Court judge on Tuesday rejected a settlement with BioMarin Pharmaceuticals Inc. that would have given shareholder attorneys $1.25 million in exchange for broad releases and "squishy" governance reforms, saying he didn't want to encourage "tagalong litigation" that yielded only "ephemeral" benefits.
2 documents attached |
Read full article »
| Save to favorites »
COMPETITION
CONSUMER PROTECTION & PRODUCT LIABILITY
TRANSPORTATION
ENERGY & ENVIRONMENTAL
PEOPLE
EXPERT ANALYSIS
Preparing For Increased Scrutiny Of Tech Supply Chains
The U.S. Department of Commerce's recent action prohibiting sales of a Russia-based technology company's products in the U.S. is the first determination under the information technology supply chain rule, and signals plans to increase enforcement of protections that target companies in designated foreign adversary jurisdictions, say attorneys at Debevoise.
1 document attached |
Read full article »
| Save to favorites »
LEGAL INDUSTRY
Legal Tech Co.'s $1.3M Data Privacy Deal Gets OK'd
By Andrea Keckley
A Kansas federal judge granted preliminary approval to a proposed $1.3 million settlement between a data and professional services company catering to law firms and a class of thousands of its customers and employees, who said their personal information was stolen in a March 2023 data breach that exposed 200 gigabytes of sensitive information.
3 documents attached |
Read full article »
| Save to favorites »
|