Lex Blog
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Articles from Lex Blog
Second Circuit Again Preempts NY Mortgage Escrow Interest Law
The Second Circuit reaffirmed that New York’s mortgage escrow interest mandate is preempted by federal law, intensifying a circuit split and raising Supreme Court prospects.
Senate Panel Unanimously Advances GUARD Act on AI, Kids, and Safety
The Senate Judiciary Committee moved forward the GUARD Act, a key bill setting age-verification and disclosure rules for AI chatbots targeting minors.
US Trade Court Strikes Down Trump's Section 122 Tariffs
The US Court of International Trade invalidated Trump's 10% global tariffs under Section 122, reshaping relief eligibility and challenging executive trade authority.
THL Partners Acquires Celerion for $1.8B in Major Life Sciences Deal
THL Partners is acquiring clinical pharmacology leader Celerion from H.I.G. Capital for $1.8 billion, strengthening its healthcare portfolio and reflecting strong private equity interest in drug de...
Podcast Unpacks Million-Dollar Fee Battles in FCA Whistleblower Cases
A new podcast episode details how attorney fee petitions in False Claims Act cases raise complex questions, with relators’ lawyers sometimes seeking millions in fees post-settlement.
EDNY Doubles Down on Preemption in Insulin Pump Liability Case
The Eastern District of New York reaffirmed federal preemption, dismissing Gallego v. Tandem Diabetes Care and limiting state law claims against FDA-approved medical devices.
ASIC Sets June 30 Deadline for Digital Asset Licence Applications
ASIC reminds digital asset service providers in Australia to apply for or vary AFS licences by June 30, 2026, as regulatory scrutiny tightens ahead of new laws.
US Commerce Dept to Vet AI Models From Google DeepMind, Microsoft, xAI
The Commerce Dept's CAISI now has formal agreements to evaluate AI models from Google DeepMind, Microsoft, and xAI for national security risks—advancing federal AI oversight.
California OKs $25M to Aid Rural Hospitals Amid Mandate Pressures
California legislators approve $25M to support rural hospitals facing wage hikes and retrofit mandates, highlighting legal and regulatory issues for healthcare providers.
EU Strikes Deal to Delay AI Act High-Risk Rules, Ban Nudification Apps
The EU Council and Parliament agreed to delay high-risk AI rules to 2027-2028 and ban nudification apps by 2026, impacting compliance for tech and legal teams.
Washington Supreme Court Narrows Use of Nonjudicial Foreclosure for Lenders
The Washington Supreme Court ruled that nonjudicial foreclosures require loans to be evidenced by negotiable instruments, impacting mortgage enforcement and foreclosure strategies statewide.
EU Bans Sexualized AI Deepfakes, Delays High-Risk AI Rules
The EU will ban non-consensual sexualized AI deepfakes by December 2026 and delay some high-risk AI model regulations, impacting compliance timelines for legal teams.
EU Expands Deforestation Law Scope, Promises Simpler Compliance
The European Commission broadens EU deforestation rules to cover more imports and pledges to cut compliance costs by 75%, impacting global supply chains.
ESMA Flags MiFID II Sustainability Compliance Gaps Across EU Firms
ESMA's assessment of MiFID II sustainability aspects highlights notable compliance gaps and signals a focus on dialogue over enforcement during regulatory transition.
FSB Warns of Systemic Dangers in Surging $2T Private Credit Market
The Financial Stability Board warns legal teams that rapid growth in the opaque $2T private credit market may trigger regulatory scrutiny and expose banks to systemic risks.
FCA Probes UK Claims Management Firms Amid Legal, Regulatory Scrutiny
The FCA launches a market review of UK claims management companies and law firms, intensifying scrutiny over consumer harm, compliance risk, and aggressive marketing tactics.
AI Copyright Lawsuit Targets Meta Over Book and Journal Training Data
A class action by major publishers and authors challenges Meta’s use of millions of copyrighted works to train its Llama AI—escalating fair use litigation risks for AI developers.
CJEU Refines Jurisdiction Rules for EU Competition Damages Claims
The EU’s top court clarifies when holding companies face competition damages claims, impacting litigation strategies for multinationals and their legal teams.
APRA Urges Finance Sector to Sharpen AI Risk Oversight
APRA demands urgent improvements in AI risk management for banks, insurers, and superannuation trustees as adoption expands in Australia’s financial sector.
California Court Lets Getty’s Trademark Claims vs. Stability AI Move Forward
A Northern District of California judge allowed trademark and unfair competition claims by Getty Images against Stability AI, signaling key issues for AI and IP rights.