News
Legal and legal technology news, distilled daily.
SEC OKs NYSE Rule for Tokenized Securities Trading Starting 2026
The SEC has approved the NYSE to allow immediate trading of tokenized securities from April 2026, prompting new compliance steps for legal teams in finance.
Met Police pilots privacy-conscious tech to tackle London shoplifting
The Met Police is testing a retail security platform that avoids live facial recognition, aiming to boost shoplifting prosecutions in London while addressing privacy concerns.
NY Court: Confidentiality Deals Not Enough to Seal Court Records
A recent NY Commercial Division ruling confirms that private confidentiality agreements are not valid grounds to seal court records, emphasizing transparency in business litigation.
YouTuber Nabbed for AI-Generated Silent Hill 2 Music in Copyright Clash
A YouTuber faced copyright strikes when AI-generated Silent Hill 2 music triggered YouTube’s Content ID, exposing gaps in current copyright enforcement and risks for legal professionals.
Elizabeth Prelogar Argues SCOTUS Case Without Signing Briefs
Elizabeth Prelogar, ex-Solicitor General, made a rare Supreme Court appearance to argue T.M. v. University of Maryland Medical System Corp. without signing any briefs.
BigLaw Firms Accelerate AI Adoption Under Client Pressure
BigLaw firms are rolling out AI tools in response to client demands, despite ongoing concerns about hallucination risks and major changes to traditional legal business models.
LDS Church Sues 'Mormon Stories' Podcast for Trademark Infringement
The LDS Church has filed a lawsuit against the 'Mormon Stories' podcast for alleged trademark and copyright infringement, intensifying religious group IP enforcement after failed mediation.
Trump Signs SBIR/STTR Extension Adding New Screening for Contractors
President Trump signed the SBIR/STTR extension with new compliance rules for federal grantees, impacting counsel advising on disclosure, foreign ties, and risk in federal research funding.
California Driver Group Sues Uber for Prop 22 Violations
Rideshare Drivers United sues Uber, alleging violations of California's Proposition 22, raising key questions for gig worker classification and compliance by app-based companies.
Trump Uses Defense Production Act to Fast-Track U.S. Energy Projects
President Trump invokes the Defense Production Act, waiving key regulations to speed energy projects. Corporate counsel face new compliance and procurement risks.
Texas AG Sues ActBlue Over Alleged Donor Fraud, Citing Compliance Failures
Texas AG Ken Paxton sues ActBlue, alleging the platform enables widespread donor fraud and misleads Congress, intensifying scrutiny of political fundraising compliance.
California Unseals Records in Amazon Antitrust Price-Fixing Case
California unseals court records in its Amazon antitrust lawsuit, revealing detailed pricing allegations. Legal teams face new compliance and strategy challenges in ecommerce.
California Woman Charged for Illicit Sale of Iranian Weapons to Sudan
A California woman faces federal charges for allegedly brokering $7M in Iranian-made arms sales to Sudan amid heightened sanctions enforcement.
Legal AI Hits Limits: One-Size-Fits-All Tools Miss Seniority Nuances
AI tools are reshaping law firm workflows, but many fail to accommodate attorney seniority differences—hindering adoption and raising governance challenges.
SEC Eases Broker-Dealer Rules for Certain Crypto Securities Interfaces
The SEC now allows some crypto securities providers to forgo broker-dealer registration, giving legal teams updated compliance options. Guidance lasts five years unless renewed.
USA Rare Earth Acquires Brazil’s Serra Verde for $2.8B in Critical Minerals Push
USA Rare Earth’s $2.8B buyout of Brazil’s Serra Verde Group reorders global rare earth supply and intensifies legal, regulatory compliance demands for cross-border M&A.
Colorado AG to Stay on Whistleblower Suit Over Judicial Bribery Claims
A judge ruled Colorado’s AG will continue defending the state in a high-profile whistleblower case alleging judicial bribery and retaliation, as judicial discipline complaints hit new highs.
IBM Settles DOJ False Claims Act Suit Over DEI Practices for $17M
IBM will pay $17 million to settle DOJ allegations its DEI policies violated federal law—a first-of-its-kind False Claims Act case impacting contractors' DEI compliance.
Regulators Drop Reputation Risk From Bank Supervision Rules
OCC and FDIC finalize a rule banning the use of reputation risk in bank supervision, reshaping compliance standards for financial institutions and legal counsel.
Kash Patel Sues The Atlantic for $250M Defamation
Kash Patel sues The Atlantic for $250 million, alleging defamation over claims of misconduct. The case spotlights public figure libel standards and media litigation risks.