March 2024 - cypherpunks - lists.cpunks.org

State AGs Say SEC's Kraken Case Treads On State Authority
by Gunnar Larson 04 Mar '24

04 Mar '24

State AGs Say SEC's Kraken Case Treads On State Authority <https://www.law360.com/fintech/articles/1808754?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely Attorneys general from eight states have told a California federal judge that the theory used by the U.S. Securities and Exchange Commission in its enforcement case against crypto exchange Kraken could potentially preempt state laws for consumer protection. Brief attached | Read full article » <https://www.law360.com/fintech/articles/1808754?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1808754?nl_pk=d2b3e7ef-ab62-4a62-80…>

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McCarter & English Denied $1M Fee Bid In Celsius Ch. 11
by Gunnar Larson 04 Mar '24

04 Mar '24

McCarter & English Denied $1M Fee Bid In Celsius Ch. 11 <https://www.law360.com/fintech/articles/1808899?nl_pk=d2b3e7ef-ab62-4a62-80…> By Ben Zigterman A New York bankruptcy judge has granted requests by a number of creditor groups in the Celsius Network Chapter 11 case for fees and expenses but denied a $1 million request by a borrower group represented by McCarter & English, saying it had failed to make a substantial contribution to the case. Opinion attached | Read full article » <https://www.law360.com/fintech/articles/1808899?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1808899?nl_pk=d2b3e7ef-ab62-4a62-80…>

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We Don't Know If They Prejudged Meta,' Judge Says Of FTC
by Gunnar Larson 04 Mar '24

04 Mar '24

We Don't Know If They Prejudged Meta,' Judge Says Of FTC <https://www.law360.com/technology/articles/1808861?nl_pk=2bd720dd-746c-4744…> By Bryan Koenig The D.C. federal judge handling Meta's case attacking the Federal Trade Commission's constitutionality and its efforts to reopen a 2020 privacy settlement balked Friday at preliminarily stopping the agency from banning the monetization of children's data. Brief attached | Read full article » <https://www.law360.com/technology/articles/1808861?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1808861?nl_pk=2bd720dd-746c-4744…>

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Gilstrap Orders Damages Retrial To Avoid $67.5M 'Train Wreck'
by Gunnar Larson 04 Mar '24

04 Mar '24

Gilstrap Orders Damages Retrial To Avoid $67.5M 'Train Wreck' <https://www.law360.com/technology/articles/1809102?nl_pk=2bd720dd-746c-4744…> By Dani Kass Chief U.S. District Judge Rodney Gilstrap ordered a damages retrial in infringement litigation between G+ Communications and Samsung on Friday, warning there would otherwise be a "guaranteed 'train wreck'" since both parties failed to explain what they believed the $67.5 million verdict means. Opinion attached | Read full article » <https://www.law360.com/technology/articles/1809102?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1809102?nl_pk=2bd720dd-746c-4744…>

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Tesla Stock For Fees? Attys Who Got Musk's Pay Cut Say Yes
by Gunnar Larson 04 Mar '24

04 Mar '24

This is crazy. By the way, there are two RICOs happening in New York right now. And, FTX is not the biggest fraud in America.. Gunnar ---- Tesla Stock For Fees? Attys Who Got Musk's Pay Cut Say Yes <https://www.law360.com/cannabis/articles/1809096?nl_pk=c844ee6a-f80e-4e60-b…> By Lauren Berg The lawyers who convinced the Delaware Chancery Court to scuttle Elon Musk's proposed $55 billion Tesla compensation package on Friday filed a request for legal fees that came with a twist — they want to be paid in Tesla stock that rounds out to about $5.6 billion. Brief attached | Read full article » <https://www.law360.com/cannabis/articles/1809096?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1809096?nl_pk=c844ee6a-f80e-4e60-b…>

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Trump Challenges Origins Of Prosecution In Fla. Docs Case
by Gunnar Larson 04 Mar '24

04 Mar '24

Trump Challenges Origins Of Prosecution In Fla. Docs Case <https://www.law360.com/governmentcontracts/articles/1806354?nl_pk=4126fe73-…> By David Minsky The special counsel's office prosecuting Donald Trump's criminal case on mishandling classified documents told the Florida federal judge overseeing the case on Friday that his attorneys don't have a viable claim challenging the origins of the prosecution team, arguing that intelligence agencies had no role in determining the charges against the former president. Read full article » <https://www.law360.com/governmentcontracts/articles/1806354?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1806354?nl_pk=4126fe73-…>

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Iranian National Faces 20 Years For Defense Hack Scheme
by Gunnar Larson 04 Mar '24

04 Mar '24

Iranian National Faces 20 Years For Defense Hack Scheme <https://www.law360.com/governmentcontracts/articles/1808540?nl_pk=4126fe73-…> By Rae Ann Varona An Iranian national faces up to 20 years in prison for his alleged role in a yearslong hacking scheme that targeted U.S. companies, including defense contractors, often by using fake female personas on social media, according to a freshly unsealed indictment. Indictment attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1808540?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1808540?nl_pk=4126fe73-…>

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Inside BigLaw's 'Tremendous' Hunger For Restructuring Attys
by Gunnar Larson 04 Mar '24

04 Mar '24

Inside BigLaw's 'Tremendous' Hunger For Restructuring Attys <https://www.law360.com/banking/articles/1806337?nl_pk=feb6bbba-7878-4d39-be…> By Aebra Coe Even as the economy appears poised to pick up steam in 2024, BigLaw firms are still aggressively adding restructuring capabilities, with a number of recent lateral hires reflecting the glut of work still to be found in the practice area. Read full article » <https://www.law360.com/banking/articles/1806337?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1806337?nl_pk=feb6bbba-7878-4d39-be…>

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Musk Says OpenAI, Altman Broke Co.'s Founding Principles
by Gunnar Larson 04 Mar '24

04 Mar '24

Musk Says OpenAI, Altman Broke Co.'s Founding Principles <https://www.law360.com/competition/articles/1808737?nl_pk=6416fd97-1dc4-4e0…> By Ivan Moreno Elon Musk has accused former business partner and OpenAI CEO Sam Altman of setting the business' "founding agreement aflame," alleging in a California state lawsuit that he betrayed his promises to run the company as a nonprofit and make technological advances open to the public so artificial intelligence development would be "for the benefit of humanity." Complaint attached | Read full article » <https://www.law360.com/competition/articles/1808737?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1808737?nl_pk=6416fd97-1dc4-4e0…>

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Gilead, Cipla Ink Deal To End HIV Drug Buyers' Antitrust Suit
by Gunnar Larson 04 Mar '24

04 Mar '24

Gilead, Cipla Ink Deal To End HIV Drug Buyers' Antitrust Suit <https://www.law360.com/competition/articles/1808926?nl_pk=6416fd97-1dc4-4e0…> By Gina Kim Gilead Sciences Inc. and generics maker Cipla told a California federal judge Friday they've reached a settlement ending a proposed class action filed by a public employees' health insurance fund over an alleged anti-competitive patent deal to delay the launch of a generic version of the HIV drug Truvada. 1 document attached | Read full article » <https://www.law360.com/competition/articles/1808926?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1808926?nl_pk=6416fd97-1dc4-4e0…>

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