Tag: Regulatory compliance
Australian Court Grants Relief from Liability for Crypto Penalty: Legal Insights
The Federal Court of Australia recently made a decision to grant relief to a company under section 1317S of the Corporations Act 2001 (Cth) after finding that the company had contravened two civil penalty...
Resilience of the Federal Aviation Administration’s Chief Counsel: Overcoming Challenges with Determination
Marc Nichols, the chief counsel of the Federal Aviation Administration, has overcome numerous challenges to reach the position he holds today. Despite a difficult childhood marked by poverty, his mother's struggles with addiction, and...
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-Fried
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-FriedA recent report by a court-appointed bankruptcy examiner has revealed that Sullivan & Cromwell did not overlook any "red flags" indicating misconduct while representing...
Emily Dillingham: Corporate Counsel at GC Midwest 2025
So, like, at this thing in April, Legal Speak like, talked to a bunch of important people at the General Counsel Midwest Conference in Chicago. You know, a bunch of general counsels, tech people,...
Guidance on Assessing Market Distortions Under the FSR: EC Recommendations
The European Commission has recently provided guidance on assessing market distortions under the Foreign Subsidies Regulation (FSR). This guidance aims to offer clarity on the interpretation of how foreign subsidies impact the internal market...
Key Litigation Trends: ‘Made in USA’ Claims, Revenue Misses, Trump
In the fast-paced world of litigation, trends come and go, but some recent developments have caught the attention of legal experts and analysts alike. From 'Made in the USA' claims to revenue misses and...
CFTC Chair Urges Quick Compliance Settlements
Summary: Acting CFTC Chair Caroline Pham is urging companies with ongoing compliance investigations to submit reasonable settlement offers within two weeks for quick resolution.In a recent move to expedite compliance investigations, Acting Commodity Futures...
Crypto Task Force Chief Counsel Appointed by SEC
The U.S. Securities and Exchange Commission has appointed Mike Selig, a seasoned partner at Willkie Farr & Gallagher, as the chief counsel for the agency's new Crypto Task Force. This move marks a significant...
SEC Stops Enforcement Action Against OpenSea NFT Exchange
OpenSea, a prominent nonfungible-token marketplace exchange, recently received news that the U.S. Securities and Exchange Commission has concluded its investigation and will not pursue enforcement action regarding the alleged unregistered sale of securities. This...
KPMG Legal Services Launch Delayed by Arizona Court Inquiry
The Arizona Supreme Court recently made headlines by delaying a crucial decision regarding KPMG's entry into the legal services industry. KPMG Law US, a subsidiary of the renowned accounting company KPMG, is seeking approval...
Potential Regulatory Changes in Crypto Law Under SEC Chair-Nominee Atkins
SEC Chair-Nominee Atkins Sparks Excitement in Crypto IndustryAs the cryptocurrency industry continues to navigate the ever-evolving landscape of regulations and enforcement, a new development has emerged that could potentially reshape the future of digital...
Challenges of Big Tech Firms to NHK-Fintiv Framework: Lack of Notice-and-Comment Rulemaking
Big Tech companies like Apple and Google are facing challenges when it comes to the NHK-Fintiv framework for discretionary denials of inter partes review (IPR) proceedings at the Patent Trial and Appeal Board (PTAB)....
Legal Industry Insights for the 2024 US Presidential Election
The legal industry is a crucial component of society, especially during times of significant events such as the upcoming 2024 US Presidential Election. As legal professionals gear up to navigate the complexities of this...
Meta Faces Australian Billionaire’s Claims Over Scam Crypto Ads: Section 230 Immunity Won’t Prevent
A recent ruling by a federal district court judge in California has allowed Australia's second-richest person, Andrew Forrest, to move forward with a lawsuit against Meta Platforms Inc. The lawsuit alleges that Meta was...
Chancery Filings Target Musk and Tesla Board: A Reality Check
Three Tesla shareholders have recently filed lawsuits against Elon Musk and the Tesla board. These legal actions were filed within a week of each other, with the most recent complaint being submitted just hours...