McGuireWoods and Debevoise & Plimpton on behalf of plaintiff Capital One allege the Federal Deposit Insurance Corp. misinterpreted the statutory definition of 'uninsured deposit' to erroneously conclude Capital One must pay a $475 million special assessment to the FDIC.

       

“All that Perplexity's answer engine' does is copy the expression, meaning, and message of others and repackage it to the consumer, the plaintiffs allege.

       

The federal judge highlighted decisions from the U.S. Courts of Appeal for the Second and Eighth Circuits determining that inmates with knowledge of recordings undermines privilege given the Seventh Circuit's lack of precedent on the issue, the memorandum opinion and order said.

       

I have been using ChatGPT in my personal life for the past eight months (never for work) for a myriad of things, and found that my personal experience with AI came in handy when I wrote two stories about it last week.

       

A report by a consortium of New York City's largest employers, including law firms and banks, says the Empire State's soaring insurance costs are driven by "excessive" litigation, while suggesting reforms. But New York's largest lobby for trial lawyers fired back by saying the claims should be taken with a grain of salt, since the consortium is a longtime power-broker.

       

The challenge now for companies is to still embrace AI's potential while building the governance, safeguards and strategic foresight necessary to manage these risks.

       

Holders of the No. 1 and No. 2 slots on last year's list have traded places.

       

“I'll give you 90 minutes, Lee Circuit Judge Rachael Loukonen said ahead of closing arguments. “Go outside, and I suggest the parties think very hard about their true positions on this case."

       

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