Regulation

International Edition

Ireland Ordered to Pay €2.5M to European Commission Over Online Safety Rules Delay

By Alex D'Elia | February 29, 2024

The EU's highest court has ordered Ireland to pay a lump sum and a daily penalty to the European Commission for not transposing a 2018 EU directive into national law.

3 minute read

International Edition

New Canadian Law to Force Tech Companies to Swiftly Remove Harmful Content or Face Huge Fines

By Gail J. Cohen | February 27, 2024

The new Online Harms Act also raises the maximum punishment for advocating genocide online to life in prison.

3 minute read
International Edition

Kirkland Pulled in $165M in Fees Advising Blackstone

By Greg Andrews | February 27, 2024

The private equity giant made the unusual disclosure to comply with conflict-of-interest rules that kicked in when Kirkland partner Reginald "Reg" Brown joined its board in 2020.

2 minute read

International Edition

UK Government Throws Weight Behind Extensive Anti-SLAPPs Legislation

By Jack Womack | February 23, 2024

The government said the decision was 'in response to a rising tide of this pernicious form of litigation', including high-profile cases involving Russian oligarchs and allies of Vladimir Putin.

4 minute read
International Edition

Latham Blocks Hong Kong Lawyers' Access to Foreign Files, Is It Making the Right Call?

By Jessica Seah | February 16, 2024

'If they had consulted the lawyers here, they would have gotten opposition,' says one insider, while rivals believe the firm risks being ostracized by Chinese companies.

7 minute read
International Edition

Nigerian Lawyers Resist Trade Deal to Allow UK Counterparts to Practise in Nigeria

By Alfred Olufemi | February 14, 2024

The country's bar association said it intends to challenge Tuesday's bilateral trade agreement between the countries up to the Supreme Court.

4 minute read
International Edition

Dublin Is Building Its Competitive Edge as a Global Arbitration Center

By Killian O'Reilly, Neil Cahill, Ania Farren and Sonia Morton | February 12, 2024

Ireland's journey towards becoming a pre-eminent hub for dispute resolution is being marked by its position as an EU member, progressive legislative steps and a clear commitment to international standards, and by the introduction of third-party funding in international commercial arbitration.

4 minute read
International Edition

$14B Japan-US Steel Deal Embroiled in Election-Year Presidential Politics

By Jessica Seah | February 6, 2024

Lawyers say the deal has become a tool to gain political clout and will unlikely impact Japan-U.S. trade going forward.

4 minute read
International Edition

Competition Regulator Fines African Football Federation and Media Group Over Broadcast Rights Contract

By Alfred Olufemi | February 6, 2024

The African authority held that a 12-year agreement between the football organization and BeIN, a Qatari media group, violated competition regulations.

2 minute read
International Edition

China Removes Draft Regulation to Limit Video Game Addictiveness

By Jessica Seah | January 24, 2024

The country's regulations were focused on limiting the amount of money and time that people can spend on video games.

3 minute read
Delaware Business Court Insider

SEC Calls Terraform's Dentons Retainer 'Opaque Slush Fund' in Bankruptcy Court

By Ellen Bardash | February 29, 2024

The SEC has asked Judge Brendan Linehan Shannon to deny the application unless Dentons returns to Terraform the $81 million still available from its retainer and files engagement letters and agreements about payment with the court.

3 minute read
New York Law Journal

New York Assembly Committees Set to Weigh Greater Oversight of Fintech

By Brian Lee | February 29, 2024

Two committees are set to take testimony on the impact that Venmo, Wealthfront, Affirm, PayPal and other online companies have on New Yorkers.

3 minute read
National Law Journal

SEC Schedules Wednesday Vote on Climate Disclosure Rule Amid Staunch Opposition

By Maydeen Merino | February 29, 2024

Twenty law and finance professors sent the SEC a letter expressing their view that "the true agenda for the rule [is] to pressure companies to adopt certain climate policies, rather than to inform the market."

5 minute read
Law.com

NJ Preemption Suit / NY Targets Unlicensed Vendors / Perlmutter Lobbies / Jersey City Cops Sue Over Pot Use

By Cheryl Miller | February 29, 2024

"I think that upholding the supremacy of marijuana scheduling under the Controlled Substances Act is a weak argument," said McCarter & English partner Ryan Magee.

8 minute read
Legaltech News

Ireland Ordered to Pay €2.5M to European Commission Over Online Safety Rules Delay

By Alex D'Elia | February 29, 2024

The EU's highest court has ordered Ireland to pay a lump sum and a daily penalty to the European Commission for not transposing a 2018 EU directive into national law.

3 minute read
New York Law Journal

The CFPB Limits Intra-Agency Appeal Rights

By Jeffrey Alberts | February 29, 2024

The CFPB adopted a new intra-agency appeals process on Feb. 22, 2024. While the CFPB described its new rules as resulting from its review of revisions that other regulators have made to their intra-agency appeals processes over the past decade, the rules are most noteworthy for how they deny rights that other regulators of financial institutions provide.

7 minute read
National Law Journal

Biden Orders DOJ, Other Federal Agencies to Protect Americans' Personal Data

By Maydeen Merino | February 28, 2024

"Our adversaries are exploiting Americans' sensitive personal data to threaten our national security," Attorney General Merrick Garland said.

4 minute read
New York Law Journal

NY AG: Firm 'Lined Pockets' Filing Housing Court Lawsuits That Were Already Resolved

By Brian Lee | February 28, 2024

The settlement requires Tromberg, Morris & Poulin to pay $595,600 in restitution to more than 4,000 New Yorkers, and $60,000 in penalties to New York State.

3 minute read
National Law Journal

FTC's Lawsuit Against Kroger-Albertsons Merger Follows New Guidelines' Labor Concerns

By Maydeen Merino | February 27, 2024

"This is the first big merger that I'm aware of where there's such a big emphasis on not only the effect on consumers but also workers," said Bradley Weber, co-chair of Locke Lord's antitrust practice group.

5 minute read
Legaltech News

New Canadian Law to Force Tech Companies to Swiftly Remove Harmful Content or Face Huge Fines

By Gail J. Cohen | February 27, 2024

The new Online Harms Act also raises the maximum punishment for advocating genocide online to life in prison.

3 minute read

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