Fancy Funding, Help Online, Safety Concerns: The Morning Minute
Here's the news you need to start your day.
June 20, 2019 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
|FUNDER FORAYS - Litigation funding is moving quickly into the arbitration space, with trends emerging. Alaina Lancaster reports that funders are becoming more specialized in their product offerings, are subject to more requests for disclosures and are crafting increasingly sophisticated portfolio agreements with law firms to share cost risks.
TECH SUPPORT - In response to the high rate of depression, anxiety and substance abuse in the legal profession, some lawyers and legal tech vendors are launching apps and other online mental health resources to address the issues. As part of our Minds Over Matters project, Victoria Hudgins reports on technology designed to connect lawyers with support systems and to channel stress in effective ways. An online well-being toolkit is also available.
BUZZ-KILLED - After a bid to legalize recreational pot in New York went up in smoke Wednesday, Gov. Andrew Cuomo pushed state lawmakers to approve a measure aimed at decriminalizing marijuana. Dan M. Clark reports that Cuomo, in a statement, urged lawmakers to approve the legislation before they leave Albany for the year, which technically ended Wednesday. A vote is still expected.
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EDITOR'S PICKS
|Senate Confirms Texas Federal Judge Amid Controversy Over His Alleged Anti-LGBTQ Bias
American Petroleum Institute GC Jumps to Stoel Rives
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WHILE YOU WERE SLEEPING
|CIAO - Dentons has launched a cross-border practice in Italy led by Michael Bosco, who previously worked at DLA Piper and Shearman & Sterling. Simon Taylor reports that Bosco, part of the firm's corporate and M&A practice and based in its Milan office, will focus on cross-border inbound and outbound M&A transactions for Italian and U.S. companies.
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WHAT YOU SAID
“We cannot give into fear. We have to do our jobs with integrity and our heads held high.”
— SUSAN FILAN, OF COUNSEL AT COHEN AND WOLF IN CONNECTICUT, COMMENTING ON HOW LAWYERS MUST DEAL WITH THREATS TO THEIR SAFETY, LIKE THE ONE MADE BY TALK SHOW HOST ALEX JONES AGAINST ATTORNEYS AT KOSKOFF KOSKOFF & BIEDER.➤➤ Sign up here to receive the Morning Minute straight to your inbox.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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