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September 19, 2024 | Corporate Counsel

Hawaiian Airlines CLO Out of Job but Set for Soft Landing

Aaron Alter was Hawaiian Airlines' outside counsel for years before becoming its legal chief in 2015.
4 minute read
September 17, 2024 | New York Law Journal

SEC Obtains $750K Settlement From 'World's First NFT Restaurant'

"The line between innovation and a potential securities violation remains murky," said Helen Gugel, a partner at Am Law 10 firm Ropes & Gray who is not involved in the matter.
4 minute read
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 16, 2024 | National Law Journal

Former Feds Flock to Big Law Amid 'Robust Demand' for Enforcement Counsel

Weil, Milbank and Mayer Brown have recruited former Federal Trade Commission, Justice Department and SEC enforcement and litigation officials in Washington.
4 minute read
September 13, 2024 | New York Law Journal

SEC Says Farewell to the Term 'Crypto Asset Securities'

"It's just the evolution where there were way too many scams by crypto folks that lead to the SEC's aggressive overreach and regulation enforcement, that you have a pendulum that goes one way and the other way and now it is maybe slowing down a bit," said Terrence Yang, a strategic advisor to Swan Bitcoin.
3 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
September 13, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

Willkie Farr & Gallagher scored a major win at the Third Circuit for bondholders in the bankruptcy of Hertz Corp. entitling them to nearly $270 million plus interest.
6 minute read
Steiner v. UiPath Inc.
Publication Date: 2024-09-13
Practice Area: Securities Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: Magistrate Judge Stewart D. Aaron
Attorneys:
For plaintiff:
For defendant:
Case number: 1:24-CV-04702

Related Securities Class Actions Consolidated; Lead Plaintiff, Counsel Appointed

September 12, 2024 | Texas Lawyer

Web 3.0: How Will Blockchain Impact Your Practice?

"There have been no shortage of government enforcement actions in this space, yet the law is far from settled," write Sidley Austin's Lilya Tessler, Scott Parel and Angela Zambrano.
8 minute read
September 11, 2024 | National Law Journal

SEC Charges Apex Partner Behind $852K Alleged Crypto Fraud

"This shows that individuals appear to be still using crypto as bait to lure investors into what are essentially old-fashioned get-rich-quick schemes," said Arlo Devlin-Brown, a partner at Covington & Burling.
4 minute read

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