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Private Equity Investment in Law Firms Will Happen, But on Big Law's Fringes
There are sound reasons for partnering with PE, but they largely fall apart at law’s elite level, writes the Global Lawyer. Click Here To Read The Full Article
UMG's Settlement With AI Music Firm May Set Precedent for Copyright Litigation and Licensing Deals, Experts Say
“I think it’s going to set a precedent, and I think the pending litigations with the other music generative platforms are … likely going to end up in a similar situation,” said Seth Berman of Abrams Fensterman. Click Here To Read The Full Article
Sheet Metals Co. Can't Evade $300K Sanction After Citing 'Misremembered' Juror Misconduct in Seeking New Trial
“Under the exceptional circumstances before the trial court, we do not find the trial court’s ruling was so arbitrary and unreasonable as to shock the sense of justice and indicate a lack of careful consideration,” said Judge Gary D. Witt, who authored the opinion. Click Here To Read The Full Article
'Fed Has Gone Too Far': Tenth Circuit Rules Fed Can Lawfully Turn Away Crypto Banks
Tenth Circuit Judge Timothy Tymkovich wrote in the dissent that in adopting the Federal Reserve’s interpretation of the law, the majority endorsed a reading of “federal law that allows unappointed bank officials to exercise significant yet unreviewable executive authority. Click Here To Read The Full Article