September 2024 - cypherpunks - lists.cpunks.org

FTX Strikes Deal With MDL Counsel For Ch. 11 Plan Support
by Gunnar Larson 27 Sep '24

27 Sep '24

FTX Strikes Deal With MDL Counsel For Ch. 11 Plan Support <https://www.law360.com/fintech/articles/1882964?nl_pk=d2b3e7ef-ab62-4a62-80…> By Emlyn Cameron FTX Trading Ltd. has asked a Delaware bankruptcy judge for permission to enact a settlement with plaintiffs and counsel it's facing in multidistrict litigation in Florida, saying the proposed deal would prevent potentially costly legal tussles and bring the plaintiffs on board to support FTX's Chapter 11 plan. Settlement attached | Read full article » <https://www.law360.com/fintech/articles/1882964?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1882964?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Robinhood Arbitration Pact Not Obvious To Users, Judge Says
by Gunnar Larson 27 Sep '24

27 Sep '24

Robinhood Arbitration Pact Not Obvious To Users, Judge Says <https://www.law360.com/fintech/articles/1882903?nl_pk=d2b3e7ef-ab62-4a62-80…> By Julie Manganis Robinhood Financial LLC cannot show that a user who claims the platform failed to notify him of important developments regarding his investments was made aware of an arbitration clause buried in the company's user agreement, a Massachusetts state court judge said. Order attached | Read full article » <https://www.law360.com/fintech/articles/1882903?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1882903?nl_pk=d2b3e7ef-ab62-4a62-80…>

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2nd Circ. Questions Crypto Co.'s 'Control' In Scam Token Suit
by Gunnar Larson 27 Sep '24

27 Sep '24

2nd Circ. Questions Crypto Co.'s 'Control' In Scam Token Suit <https://www.law360.com/fintech/articles/1882894?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely Investors attempting to revive their suit around decentralized crypto exchange Uniswap Labs told a Second Circuit panel on Thursday that their claims were prematurely dismissed, while a judge pressed them to show how any of the defendants had control of the alleged "rampant fraud" on the platform. Read full article » <https://www.law360.com/fintech/articles/1882894?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1882894?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Atty Can't Shield Bank Records In Judge Romance Probe
by Gunnar Larson 27 Sep '24

27 Sep '24

Atty Can't Shield Bank Records In Judge Romance Probe <https://www.law360.com/cannabis/articles/1882102?nl_pk=c844ee6a-f80e-4e60-b…> By Lynn LaRowe A former Jackson Walker LLP lawyer on Thursday lost her bid to torpedo a subpoena from the U.S. Trustee's Office seeking her bank records in connection with an inquiry into her secret relationship with a former Texas federal bankruptcy judge, court records show. 3 documents attached | Read full article » <https://www.law360.com/cannabis/articles/1882102?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1882102?nl_pk=c844ee6a-f80e-4e60-b…>

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BigLaw Attys Have 'Knack' For Insulting Judges, Says Judge
by Gunnar Larson 27 Sep '24

27 Sep '24

BigLaw Attys Have 'Knack' For Insulting Judges, Says Judge <https://www.law360.com/cannabis/articles/1883046?nl_pk=c844ee6a-f80e-4e60-b…> By Thy Vo A Colorado federal judge on Thursday called out BigLaw attorneys for their "uncanny knack" of insulting the court in briefs, telling employment lawyers they appear more credible when acknowledging the case law against them rather than ignoring those arguments altogether. Read full article » <https://www.law360.com/cannabis/articles/1883046?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1883046?nl_pk=c844ee6a-f80e-4e60-b…>

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Law Firm Reactions To Campus Protests May Chill DEI Efforts
by Gunnar Larson 27 Sep '24

27 Sep '24

Law Firm Reactions To Campus Protests May Chill DEI Efforts <https://www.law360.com/cannabis/articles/1881214?nl_pk=c844ee6a-f80e-4e60-b…> Law firm decisions to rescind or withhold job offers based on candidates' pro-Palestine activism could negatively affect diversity, equity and inclusion efforts in the legal profession, compounding existing hiring and retention challenges, say Noor Shater at Penn Carey Law School, and Peter Farah and Jalal Shehadeh at the Palestinian American Bar Association. Read full article » <https://www.law360.com/cannabis/articles/1881214?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1881214?nl_pk=c844ee6a-f80e-4e60-b…>

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SEC Fines DraftKings $200K Over CEO's Social Media Blasts
by Gunnar Larson 27 Sep '24

27 Sep '24

SEC Fines DraftKings $200K Over CEO's Social Media Blasts <https://www.law360.com/capitalmarkets/articles/1883175?nl_pk=abe82add-2a33-…> By Lauren Berg DraftKings agreed to pay a $200,000 fine to resolve U.S. Securities and Exchange Commission administrative charges that the online sports betting platform shared nonpublic sales growth information with some of its investors through its CEO's social media without disclosing the information to all investors, the agency said Thursday. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1883175?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1883175?nl_pk=abe82add-2a33-…>

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Donziger Unveils Plan To Launch Impact Litigation Fund
by Gunnar Larson 27 Sep '24

27 Sep '24

Donziger Unveils Plan To Launch Impact Litigation Fund <https://www.law360.com/newyork/articles/1883223?nl_pk=ac5a3855-e47c-4403-be…> By Madeline Lyskawa Sitting before an intimate audience of environmental investors and business leaders, disbarred environmental lawyer Steven Donziger recounted his 30-year battle with Chevron Corp. and its predecessor Texaco Inc. in Manhattan on Thursday, before laying out his plan to launch an impact litigation fund. Read full article » <https://www.law360.com/newyork/articles/1883223?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1883223?nl_pk=ac5a3855-e47c-4403-be…>

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SEC Scores Partial Win In Suit Over Blockchain Co.'s ICO
by Gunnar Larson 27 Sep '24

27 Sep '24

SEC Scores Partial Win In Suit Over Blockchain Co.'s ICO <https://www.law360.com/newyork/articles/1882708?nl_pk=ac5a3855-e47c-4403-be…> By Katryna Perera A New York federal judge has partially granted the U.S. Securities and Exchange Commission's motion for summary judgment in a suit accusing blockchain marketplace company Opporty International Inc. and its Brooklyn-based owner of conducting a fraudulent initial coin offering of unregistered digital asset securities. Order attached | Read full article » <https://www.law360.com/newyork/articles/1882708?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1882708?nl_pk=ac5a3855-e47c-4403-be…>

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2nd Circ. Questions Crypto Co.'s 'Control' In Scam Token Suit
by Gunnar Larson 27 Sep '24

27 Sep '24

2nd Circ. Questions Crypto Co.'s 'Control' In Scam Token Suit <https://www.law360.com/newyork/articles/1882894?nl_pk=ac5a3855-e47c-4403-be…> By Aislinn Keely Investors attempting to revive their suit around decentralized crypto exchange Uniswap Labs told a Second Circuit panel on Thursday that their claims were prematurely dismissed, while a judge pressed them to show how any of the defendants had control of the alleged "rampant fraud" on the platform. Read full article » <https://www.law360.com/newyork/articles/1882894?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1882894?nl_pk=ac5a3855-e47c-4403-be…>

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