Restrictive covenants and non-compete agreements have been a frequent topic of this blog in recent months, and rightly so. Non-competitors are generally thought to be effective tools to help firms protect trade secrets and competitive advantages. However, these agreements are falling out of favor across the country – the DOJ recently files a Statement of Interest in a state court case taking the position that non-competites may violate the Sherman Antitrust Act. Further, states continue to pass laws limiting or banning the use of noncompete agreements, including Illinois, Oregon, Nevada, DCand Colorado.
But one Texas court seems to buck this…
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India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times reported, as the shares of the group’s listed firms continued to take a beating on the Indian stock market on Friday.Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani … [+] highlighting the ongoing crisis of the Adani group in Mumbai.
AFP via Getty Images
Key FactsAccording to the Financial TimesWatchell will work on the Adani Group’s “legal, regulatory and public relations”…
But the problems with current generations of generative AI have already started to show. Most significantly, their tendency to confidently make things up—or “hallucinate.” That is problematic enough in search, but in the law, the difference between success and failure can be serious, and costly.
Over email, Gabriel Pereyra, Harvey’s founder and CEO, says that the AI has a number of systems in place to prevent and detect hallucinations. “Our systems are finetuned for legal use cases on massive legal datasets which greatly reduces hallucinations compared to existing systems,” he says.
Even so, Harvey has gotten things wrong, says Wakeling—which…
NEW YORK, Feb. 24, 2023 /PRNewswire/ —WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ryvyl Inc. f/k/a Greenbox POS (NASDAQ: RVYL, GBOX): (i) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s January 29, 2021 public offering (the “Offering”); and/or (ii) between January 29, 2021 and January 20, 2023both dates inclusive (the “Class Period”), of the April 3, 2023 lead plaintiff deadline.
SO WHAT: If you invest in Ryvyl securities during the Class Period you may be entitled to compensation without payment of any out…
Every year since 2009, the United State Department of Justice (“DOJ”) has published a report that details the actions the DOJ has taken to implement Title IV of the Prioritizing Resources and Organization for Intellectual Property Act of 2008 (“PRO IP Act”) . The PRO IP Act reports also summarizes efforts, activities, and resources that the DOJ has allocated for intellectual property enforcement. There are now a dozen PRO IP Act reports available on the DOJ’s website, and they offer useful insights into how the DOJ prioritizes the enforcement of intellectual property rights and the prosecution of those violating IP…
NEW YORK, Feb. 24, 2023 /PRNewswire/ —WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of DLocal Limited (NASDAQ: DLO) resulting from allegations that dLocal may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased dLocal securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class…
A law firm that represented former Trump adviser Steve Bannon is suing him for nearly $500,000 in unpaid legal bills.
In a lawsuit filed last Friday in New York state court, the law firm Davidoff Hutcher & Citron alleges that Bannon has an outstanding bill of more than $480,000 for the legal services it provided from around November 2020 through November 2022.
“This action simply seeks payment of an outstanding bill for legal services rendered in the amount of $480,487.87 in addition to scheduling a hearing on the reasonable attorneys’ fees DHC is contractually entitled to as the prevailing party…
The Schall Law Firm, a national shareholder rights litigation firm, announced that it is investigating claims on behalf of investors of Cutera, Inc. (“Cutera” or “the Company”) CUTR for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cutera announced on February 28, 2023, that it would fail to file its 2022 annual report in a timely manner. The Company also admitted that it identified “material weaknesses in its internal control over financial reporting related to ineffective information technology general controls and ineffective inventory…