February 2024 - cypherpunks - lists.cpunks.org

Malaysian Government Minister Meets with EU Officials to Discuss Litigation Funding Regulations - Litigation Finance Journal
by Gunnar Larson 14 Feb '24

14 Feb '24

https://litigationfinancejournal.com/malaysian-government-minister-meets-wi… The dispute between the Malaysian government and the Sulu heirs has been one of the most high profile international arbitration cases in recent times, raising issues around state sovereignty and the role of third-party funders in international arbitration. Whilst Malaysia has already managed to achieve some success towards overturning the unfavourable arbitration rulings, the government is now increasing its vocal support for reforms around the international regulation of litigation funding. An article in MalayMail highlights new comments from Datuk Seri Azalina Othman Said, the Malaysian government minister for law and institutional reform, who stated that she had participated in several bilateral meetings with European Union (EU) officials to discuss its own efforts towards regulating third-party litigation funding. These meetings reportedly included representatives from the European Commission, European Parliament and European External Action Service. Azalina stated that “there is a pressing need for concerted global action to combat the misuse of third-party litigation funding solely for profit-seeking purposes, which subverts the pursuit of justice.” With the arbitrations and disputes in the Sulu case taking place across several EU jurisdictions, she highlighted that the issues which have affected Malaysia are also of concern to “EU member states that are not spared from such detrimental effects.” Azalina also expressed her desire for these discussions to continue with a wider and more international scope, including forums with policymakers from the United States and ASEAN. She stated that it was the Malaysian government’s position that there should be “a robust debate on regulating third-party litigation funding vis-a-vis the need for greater transparency, accountability and ethical professionalism among the funders.”

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Fwd: Shielding Effectiveness Solution
by Karl Semich 14 Feb '24

14 Feb '24

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Judge Says Latham Deserves Default Win Over Scam Domains
by Gunnar Larson 14 Feb '24

14 Feb '24

Judge Says Latham Deserves Default Win Over Scam Domains <https://www.law360.com/legalethics/articles/1797580?nl_pk=153d4a8a-6fb9-4a5…> By Emily Sawicki Latham & Watkins LLP should be handed a default win against an unknown scammer it accused of registering dozens of domain names to impersonate the firm and one of its attorneys in an attempt to defraud clients, a federal magistrate judge in Virginia recommended Tuesday, determining the firm has a protectable interest in a valid trademark. Report attached | Read full article » <https://www.law360.com/legalethics/articles/1797580?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1797580?nl_pk=153d4a8a-6fb9-4a5…>

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The US Will Face Blowback in the Middle East, No Matter What
by Gunnar Larson 14 Feb '24

14 Feb '24

The US Will Face Blowback in the Middle East, No Matter What https://www.bloomberg.com/news/articles/2024-02-14/us-will-face-blowback-fo… It’s been four months since Joe Biden embraced Benjamin Netanyahu in Tel Aviv and urged a nation in mourning to avoid being consumed by rage after the attack by Hamas that killed about 1,200 Israelis on Oct. 7. Now, with Israel’s war with Hamas advancing through the devastated Gaza Strip and tens of thousands reported dead, the US finds itself in the last place it wanted to be in the Middle East.

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Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit
by Gunnar Larson 14 Feb '24

14 Feb '24

Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit <https://www.law360.com/capitalmarkets/articles/1797507?nl_pk=abe82add-2a33-…> By Sydney Price Investors suing Chinese software company Qihoo 360 Technology Co. Ltd. asked a New York federal judge to approve a $29.75 million settlement ending claims the firm worked to push down its share price in order to pay shareholders an unfairly low price when it went private by means of a $9.3 billion merger. Memorandum attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1797507?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1797507?nl_pk=abe82add-2a33-…>

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The Taylor Swift Takeover Is Finally Complete
by Gunnar Larson 14 Feb '24

14 Feb '24

The Taylor Swift Takeover Is Finally Complete https://www.bloomberg.com/opinion/articles/2024-02-13/taylor-swift-takes-ov… This is hardly an original thought: Taylor Swift embodies a rare cultural presence and moment — and she’s everywhere. She inhabits her unique place in the world — amid an unusual amount of glare — with an unusual amount of grace. But now, and this is what feels oddly fresh to me, a lot of weirdness has attached itself to her. She’s encouraged people to register to vote without offering specific takes on the 2024 presidential election, but Fox News and several of its commentators keep warning her to stay out of politics. Others in Fox’s ranks say she’s a military embed that the federal government is using for psychological warfare (against who and for what, no one knows). And her romance with Kansas City Chiefs star Travis Kelce? It’s fake, the same crowd says. It’s part of a different conspiracy, one crafted to get President Joe Biden re-elected or boost football ratings. Love simply can’t be the reason they’re together, I guess.

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Former LC&F Exec Fined, Banned Over Misleading Ads
by Gunnar Larson 14 Feb '24

14 Feb '24

Former LC&F Exec Fined, Banned Over Misleading Ads <https://www.law360.co.uk/financial-services-uk/articles/1797180?nl_pk=a94fc…> By Joel Poultney The Financial Conduct Authority said Tuesday that it has fined and banned a former director at London Capital & Finance PLC from working in financial services after he recklessly oversaw scores of financial promotions that left investors out of pocket. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1797180?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1797180?nl_pk=a94fc…>

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Conn. Judge Nom Blames Order Gaffe On 'Very Bad Moment'
by Gunnar Larson 14 Feb '24

14 Feb '24

Conn. Judge Nom Blames Order Gaffe On 'Very Bad Moment' <https://www.law360.com/cannabis/articles/1796717?nl_pk=c844ee6a-f80e-4e60-b…> By Ryan Harroff Connecticut lawmakers on Tuesday grilled a judge about an admonishment he received for berating a man over disobeying a nonexistent court order — a lapse the jurist attributed to a "very bad moment" — and also questioned his respect for the state high court's precedent. Read full article » <https://www.law360.com/cannabis/articles/1796717?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1796717?nl_pk=c844ee6a-f80e-4e60-b…>

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NY AG Inks $750K Deal In College Board Data Privacy Case
by Gunnar Larson 14 Feb '24

14 Feb '24

NY AG Inks $750K Deal In College Board Data Privacy Case <https://www.law360.com/newyork/articles/1797519?nl_pk=ac5a3855-e47c-4403-be…> By Elliot Weld New York Attorney General Letitia James said her office had reached a $750,000 settlement with the College Board, the nonprofit that administers the SAT and PSAT exams, to resolve claims that the organization illegally harvested students' data and sold it to colleges and scholarship programs. Settlement attached | Read full article » <https://www.law360.com/newyork/articles/1797519?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1797519?nl_pk=ac5a3855-e47c-4403-be…>

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Wells Fargo Can't Beat Inflated Stock Option Suit
by Gunnar Larson 14 Feb '24

14 Feb '24

Wells Fargo Can't Beat Inflated Stock Option Suit <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be…> By Grace Elletson A Minnesota federal judge on Tuesday rejected Wells Fargo & Co.'s request to toss a proposed class action claiming the banking giant used its $40 billion employee retirement plan to buy company stock options at an inflated value to shoulder the company's 401(k) matching burden. Read full article » <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be…>

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