News for In-House Counsel at Corporations | Legal Dive
FDIC weighs lawsuit against ex-SVB execs The regulator is considering taking legal action against six former officers and 11 former directors of Silicon Valley Bank over their role in the bank’s collapse and $23 billion hit to the Deposit Insurance Fund.
JetBlue whacked with $2M federal fine over delay-ridden flights
2 days ago · Dive Brief: T he Department of Transportation has assessed JetBlue Airways with a $2 million penalty for chronic delays on four of its East Coast routes. The action was the first time U.S. transport regulators have fined an airline for chronic delays, according to the DOT. Regulators acted on Friday over at least 145 JetBlue flights — most involving South Florida — during a 17-month period ...
News for In-House Counsel at Corporations | Legal Dive
Legal GenAI tools mislead 17% of time: Stanford study Specialized legal applications are better than a general purpose tool like ChatGPT but whether they save time, given the oversight they need, is a question, an academic study says.
Crypto leaders have knives out for attorneys leaving the SEC
Dec 4, 2024 · Crypto companies are threatening to wage a war of retribution against law firms if they hire lawyers from the outgoing Biden administration who played a role in trying to rein in their industry through enforcement actions.
Keep antitrust remedy focused on search, Google says in stab at DOJ
5 days ago · Dive Brief: Browser companies like Apple and Mozilla would be able to strike licensing deals to make Google their default search provider, as they do now, but those deals wouldn’t prevent them from striking deals to make other search providers the default on other devices, Google says in a proposal it filed with a federal court.; By letting companies enter into these other agreements, Google ...
News for In-House Counsel at Corporations | Legal Dive
Current commissioner Andrew Ferguson will become chair under Trump and Mark Meador, a former Senate counsel, will join the commission. Leonardo Ayala, 24, issued dozens of debit cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work ...
A look at 7 Supreme Court cases Big Business will be watching
Sep 25, 2024 · Nvidia v. E. Ohman. The case concerns how much chip maker Nvidia knew about the source of demand for its graphics chips and whether shareholders suing under the Private Securities Litigation Reform Act must plead with particular arguments about internal company documents or if they can use third-party expert reports to satisfy their burden.
Contract Law News & Analysis - Legal Dive
Dec 18, 2024 · Decision shines light on when courts might fix bad noncompetes Companies whose agreements need paring down in scope can expect some help but if the agreements need a major rewrite, courts are likely to balk, a Chancery Court ruling suggests.
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Deep Dive - Legal Dive
Jul 11, 2024 · What employers can expect following the end of Chevron deference For one thing, the U.S. Department of Labor’s regulations may not fare well under federal courts’ scrutiny post-Chevron, a former DOL official told HR Dive.