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By Lisa S. Presser and Brian M. Balduzzi | January 8, 2024
This new act simplifies the rules for irrevocable trusts to mirror those in other jurisdictions, and it provides an opportunity for grantors to plan for new irrevocable trusts, and for grantors, trustees, and beneficiaries to review certain existing irrevocable trusts.
6 minute read
By Rhys Dipshan | January 2, 2024
Amid its growing expansion in the U.S., Robin AI, which closed on a series B funding round, is also setting its sights on the Asia legal market.
4 minute read
By Rhys Dipshan | December 28, 2023
Generative AI-powered legal tech platforms secured some of the biggest funding rounds in a year when investments slowed significantly.
1 minute read
By Rhys Dipshan | December 27, 2023
A slowdown in legal tech investments and a complicated economic picture didn't stop legal tech startups from securing significant seed funding this year.
1 minute read
By Cassandre Coyer | December 19, 2023
Legaltech News looks back at all the funding news the team covered in 2023. Based on this year's reporting, about 91% of the companies who raised funds had men CEOs.
6 minute read
By Emily Saul | December 18, 2023
Plaintiff HBK Master Fund filed suit against NewRez LLC and Deutsche Bank National Trust Co., alleging the mortgage lender shorted trust investors by some $3.25 million.
2 minute read
By Amy Neifeld Shkedy and Rebecca Rosenberger Smolen | December 18, 2023
As we reach the end of the year, it is a good time to focus on addressing year-end tax planning. At this late juncture, many of our clients (and, hopefully, readers too) have already started to implement or, at least, think about year-end planning.
9 minute read
By Sarah Heaton Concannon and Alexander Schwartz | December 13, 2023
On Oct. 10, 2023, the SEC adopted rule amendments to Schedule 13D/13G reporting of beneficial ownership. This article identifies what the authors feel are "certain information asymmetries" in the rules.
10 minute read
By Cassandre Coyer | December 12, 2023
Legaltech News caught up with Pradnya Desh, former U.S. diplomat and founder of Advocat AI, to discuss how she approached raising funds—and why she wished she raised more in her initial round.
8 minute read
By Emily Saul | December 1, 2023
The lawsuit alleges Aon "wrongfully" used its unified platform to lure clients and reap huge profits, while allowing the company's subsidiaries to violate Bermuda licenses, breach contracts, act recklessly, and generally expose their clients to substantial risk and losses.
3 minute read
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