Outside Counsel

Court Ruling Limits Section 11 Liability in Direct Listings Post-Slack

Court Ruling Limits Section 11 Liability in Direct Listings Post-Slack

A Colorado court ruling narrows Section 11 liability for direct listings, reinforcing strict tracing rules set by the Supreme Court in Slack Technologies.

Delaware Court Applies Entire Fairness Standard But Dismisses Challenge

Delaware Court Applies Entire Fairness Standard But Dismisses Challenge

The Delaware court applies an “entire fairness standard” but still dismisses the shareholder suit, finding no plausible claim of an unfair price in the challenged acquisition.

FTC Rule on Deceptive Car Sales Is Struck Down

FTC Rule on Deceptive Car Sales Is Struck Down

Read more about the FTC rule targeting deceptive car sales has been vacated, but many state and federal laws remain in effect.

Fourth Circuit Limited Bank Liability in Business Email Fraud

Fourth Circuit Limited Bank Liability in Business Email Fraud

A Fourth Circuit ruling limits bank liability in email fraud cases, holding that banks have no duty to detect mismatched names in ACH transfers unless they have actual knowledge.

Supreme Court Narrows Sovereign Immunity Waiver

Supreme Court Narrows Sovereign Immunity Waiver

Learn more about the Supreme Court decision limiting the waiver of sovereign immunity in bankruptcy cases, ruling that trustees can’t use state law claims under Section 544(b) to sue the federal government.

Oracle Breach Fallout Piles Up, Class Action Filed

Oracle Breach Fallout Piles Up, Class Action Filed

Read how, after denying initial claims, Oracle quietly admits to a cloud breach that exposed customer data and faces a class action lawsuit in Texas.

Evolve Bank Settles Lawsuits For Data Breach Affecting Over 18 Million Customers

Evolve Bank Settles Lawsuits For Data Breach Affecting Over 18 Million Customers

Read more about Evolve Bank paying $11.8 million to settle a data breach lawsuit that exposed its fintech partners to hackers.

Federal Circuit Upholds Rejection of Patent Claims for Cancer Treatment

Federal Circuit Upholds Rejection of Patent Claims for Cancer Treatment

Read how the US Court of Appeals for the Federal Circuit affirms a rejection of patent claims for cancer drug dosing, emphasizing that inventor motivation isn’t required to prove obviousness.

Using Legal Spend Metrics to Manage Outside Counsel

Using Legal Spend Metrics to Manage Outside Counsel

Discover how using legal spend metrics to manage outside counsel helps legal departments optimize budgets, improve forecasting, and negotiate better rates.

Landmark Ruling Reshapes Pharmaceutical Patent Litigation

Landmark Ruling Reshapes Pharmaceutical Patent Litigation

A pivotal ruling in pharmaceutical patent litigation restricts Orange Book entries to active ingredients, raising antitrust litigation concerns for drug companies.

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