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September 16, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
208 minute read
September 13, 2024 | Corporate Counsel

Ailing Oslo EV Battery Maker Axes CLO, Seeks Replacement in Incentive-Rich US

Freyr Battery, hurt by weaker-than-expected demand for electric vehicles, hopes to find solace in the United States, which is doling out billions of dollars in tax credits to challenge China's supremacy in lithium-ion battery production.
3 minute read
Wiener v. AXA Equitable Life Ins. Co.
Publication Date: 2024-08-29
Practice Area: Insurance Litigation
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Beth Robinson
Attorneys:
For plaintiff: For Plaintiff-Appellant: Theresa Guertin & Kristen Alexandra M. O'Neill, Saxe Doernberger & Vita, P.C., Trumbull, CT; Lawrence F. Reilly, The Reilly Law Firm, LLC, Ridgefield, CT; Carolyn Talbot Seely, Greenwich, CT, on the brief, David G. Webbert, Johnson & Webbert, LLP, Topsham, ME.
For defendant: For Defendants-Appellees AXA Equitable Life Insurance Company, AXA Advisors LLC, and AXA Network LLC: Leah F. Bower, Lehotsky Keller, LLP, Austin, TX; Steven P. Lehotsky, Lehotsky Keller LLP, Washington, DC, on the brief, Andrew B. Davis, Lehotsky Keller LLP, Austin, TX. For Defendant-Appellee David Hungerford: Daniel P. Quinlan, Winget, Spadafora & Schwartzberg, LLP, Stamford, CT, on the brief, Brian J. Palmeri, Winget, Spadafora & Schwartzberg, LLP, Stamford, CT.
Case number: 22-894

Failure to Send Premium Notice Did Not Cause Failure to Cure Policies' Lapse

Fairfield Sentry Ltd. v. ABN AMRO Schweitz AG
Publication Date: 2024-08-28
Practice Area: Bankruptcy | White Collar Crime
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. Bankruptcy Court, U.S. - SDNY
Judge: Bankruptcy Judge John P. Mastando, III
Attorneys:
For plaintiff: Attorneys for the Plaintiffs Joint Liquidators By: Jeffrey L. Jonas, David J. Molton, Marek P. Krzyzowski, Brown Rudnick LLP, New York, NY.
For defendant: Counsel for UBS Jersey Nominees Limited By: Marshall R. King, Gabriel Herrmann, Gibson, Dunn & Crutcher LLLP, New York, New York.
Case number: 10-03636

Adversary Proceeding in Ponzi Scheme Case Is Denied Dismissal for Lack of Jurisdiction

Huntsman Int'l, LLC v. Dow Benelux N.V.
Publication Date: 2024-08-27
Practice Area: Contracts
Industry: Chemicals and Materials | Manufacturing
Court: Delaware Superior Court
Judge: Judge Adams
Attorneys:
For plaintiff: Lisa C. McLaughlin, Phillips, McLaughlin & Hall, P.A., Wilmington, DE; John N. Scholnick, Ross, LLP, Los Angeles, CA; Lori Sambol Brody, Ellis George LLP, Los Angeles, CA for plaintiff.
For defendant: Chad S. C. Stover, Barnes & Thornburg LLP, Wilmington, DE; Matthew B. Barr, Zachary Miller, Barnes & Thornburg LLP, Indianapolis, IN for defendants.
Case number: N17C-11-242 MAA CCLD

Failure to issue litigation hold following filing of counterclaim constituted reckless behavior warranting adverse inference after material, relevant information was deleted per automatic deletion protocols.

August 26, 2024 | Corporate Counsel

Dutch Watchdog Hits Uber With Near-Record $324 Million GDPR Fine

The Netherlands' privacy watchdog says the ride-hailing giant sent European drivers' personal data to its San Francisco headquarters without putting in place a proper legal transfer mechanism.
2 minute read
August 26, 2024 | Legaltech News

Dutch Watchdog Hits Uber With €290M GDPR Fine

The €290 million fine is the sixth-largest privacy fine given to a company to date.
2 minute read
August 26, 2024 | New Jersey Law Journal

'Scorching Warmth' and a 'Giant Heart': Remembering Jay G. Trachtenberg

"He might have been happier doing something else, but then he wouldn't have been him."
4 minute read
August 24, 2024 | Legaltech News

Clifford Chance Global Head of Innovation Bas Boris Visser Dies Unexpectedly

Bas Boris Visser, the firm's global head of innovation, had served as Amsterdam managing partner twice over the course of his long career at the U.K. firm. The announcement of his death came just days after Clifford Chance lost another partner, Christopher Morvillo, who was with billionaire client Mike Lynch when his yacht sank off the coast of Sicily in a freak storm.
3 minute read
August 24, 2024 | Law.com

Clifford Chance Amsterdam Partner Bas Boris Visser Dies Unexpectedly

Bas Boris Visser, the firm's global head of innovation, had served as Amsterdam managing partner twice over the course of his long career at the U.K. firm. The announcement of his death came just days after Clifford Chance lost another partner, Christopher Morvillo, who was with billionaire client Mike Lynch when his yacht sank off the coast of Sicily in a freak storm.
3 minute read

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