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As SEC Rethinks Foreign Issuer Exemptions, Securities Lawyers Hope for Caution

18 hours ago | law.com | Dan Novak

The U.S. Securities and Exchange Commission, in soliciting public comment Wednesday on its definition of a foreign private issuer, singled out Chinese companies incorporated in the Cayman Islands as benefiting from reporting exemptions despite being traded solely in American markets.
Florida Bar to Pam Bondi Critics: Hands Tied Until She’s Out of Office

22 hours ago | law.com | Lisa Willis

The Florida Bar Friday rejected the request from a coalition of dozens of attorneys, former State Supreme Court justices and law professors seeking disciplinary action against U.S. Attorney General Pam Bondi for "serious professional misconduct." According to the third complaint filed with the state Bar, the 59 year-old former Florida Attorney General and State Attorney in Tampa, was accused of threatening Justice Department lawyers with discipline or termination if they failed to “zealously...
Judge Temporarily Blocks Trump's Latest Jab at Harvard

22 hours ago | law.com | Emily Cousins

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Firms Use Rebranding to Attract More Talent, Highlight Their Strengths for Clients

1 day ago | law.com | Thomas Spigolon

A number of firms across the Am Law 200 have invested in major rebrands in recent months and years with the return in recruitment of talent and more clarity to potential clients about the firms' strengths possibly leading to more revenue. Holly Kleeman of Fox Rothschild said the Philadelphia-founded firm believes it can quantify its return on investment from its rebranding effort, which took a year to complete before it was launched in November 2023.
60 Years of Breaking Barriers: Legal Pioneer Sylvia Walbot Retires

1 day ago | law.com | Cedra Mayfield |Patrick Smith |Lisa Willis

In this week's Legal Speak episode, Carlton Fields shareholder Sylvia Walbolt discusses her legal career that's spanned more than 60 years. Having retired in May, Walbolt sat down with Daily Business Review Senior Litigation Reporter Lisa Willis to discuss how her personal and legal experiences helped her leave a mark on Florida's legal landscape.
FCC Chair Carr’s ‘Delete, Delete, Delete’ Agenda Stalls After Surprise Agency Shakeup

1 day ago | law.com | Dan Novak

Two Federal Communications Commission commissioners are resigning Friday, leaving the FCC with one commissioner short of a quorum to take action. The departure of Republican Nathan Simington and Democrat Geoffrey Starks will leave the FCC with just two commissioners, GOP Chair Brendan Carr and Democrat Anna Gomez. Without a quorum, any commission-level actions such as new rulemaking or waiver requests will be put on hold until the FCC has three members.
DOJ Tells 1st Circuit Legislator's Punishment for Post Opposing Trans Athlete Is Unconstitutional

1 day ago | law.com | Avalon Zoppo

The U.S. Department of Justice's top civil rights official urged a federal appeals court Thursday to block as unconstitutional a state representative's Laurel Libby’s punishment for her online post criticizing a transgender student athlete’s sports win. Assistant U.S. Attorney General Harmeet Dhillon told the U.S. Court of Appeals for the First Circuit that the Maine legislature violated Rep.
Lawyers' AI Missteps Continue, Thanks to Carelessness and Lack of Education

1 day ago | law.com | Thomas Spigolon

Even after some firms faced sanctions and fines in recent years, some industry experts foresee attorneys nationwide continuing to use artificial intelligence tools that produce incorrect information for their court filings because they lack knowledge about the technology.
New Law Would Bolster Texas Business Courts

1 day ago | law.com | Laura Lorek

The Texas Legislature has moved to expand the state's fledgling Business Court system by decreasing the amount-in-controversy thresholds, and avoiding abolishing multiple currently inactive court divisions. And the move appears to strengthen possibility the state might one day rival Delaware as the jurisdiction of choice for corporate litigation. Some observers say the Texas Business Courts are key to disrupting Delaware's long-standing dominance in corporate law and litigation.
Clifford Chance Aims to Grow in Australia Through Private Capital Offering

1 day ago | law.com | Christopher Niesche

Global law firm Clifford Chance will focus on the growing private capital sector as it looks to expand further in Australia, according to Mark Currell, the firm's new Australia managing partner. Currell, who assumed the managing partner position on May 1, said the firm has made significant headway in private capital transactions and financing, and is well-positioned to take advantage of the growing market.