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Texas Issues Emergency Order Against TEXITcoin Mining Scheme

Wed, 2026-02-11 16:30

Deputy Securities Commissioner Cristi Ramo n Ochoa said the agency moved swiftly because investor harm was “immediate and ongoing.

       

US Judge Denies Big Tech's Motion for Summary Judgment in Social Media Addiction MDL Case, Paving Way for Trial

Wed, 2026-02-11 15:07

A California federal judge has denied Big Tech platforms a motion for summary judgment in a case in the social media adolescent addiction multidistrict litigation, clearing the path for a Kentucky school district's negligence and public nuisance claims against Meta Platforms Inc., Google, ByteDance and Snap Inc. to proceed to trial.

       

Netflix Loads Up on Antitrust Lobbyists as It Tries to Seal $82B Warner Bros. Deal

Wed, 2026-02-11 15:06

Netflix wants antitrust regulators to view it as one of many providers of video-based entertainment. Critics of the deal, however, are zeroing in on its streaming market share.

       

Illinois Statute's Landmark Curbs on Credit Card Swipe Fees Survives Lawsuit

Wed, 2026-02-11 14:42

A Jones Day and Skadden, Arps, Slate, Meagher & Flom-represented coalition of banking and financial institutions had challenged the law, which was the first of its kind in the United States, arguing that the restrictions conflict with the National Banking Act, which authorizes banks to charge customers noninterest charges and fees. But U.S. District Judge Virginia Kendall backed the restrictions, repeatedly stressing in a 47-page decision that banks do not set, “or arguably charge, interchange fees but just receive them.

       

LSAC to End Remote LSAT Testing in Response to Cheating Concerns

Wed, 2026-02-11 13:26

"This was a necessary step by LSAC—they had to shut off the superhighway of cheating that was occurring on remote tests,” Dave Killoran, founder and former CEO of PowerScore Test Prep, told Law.com.

       

Federal Judge Dismisses Patent Challenge to Uniswap Protocol

Wed, 2026-02-11 13:22

The ruling is a blow to Bprotocol Foundation and LocalCoin Ltd., who were represented by attorneys from Quinn Emanuel Urquhart & Sullivan.

       

As OpenAI's Valuation Soars, So Do Worries That Its Finances Will Unravel

Wed, 2026-02-11 13:12

"At present, no start-up in history has operated with losses on anything approaching this scale. We are firmly in uncharted territory," Deutsche Bank wrote in a December report.

       

Can States Successfully Prosecute ICE Agents for Excessive Force? A Practical Perspective From a Former Police Misconduct Prosecutor

Wed, 2026-02-11 12:59

The killings in Minneapolis have thrust into the national spotlight the question of how to hold federal agents accountable for their excessive use of force.

       

Law Firms Made Hay From 'World's Complexities' in 2025, Early Numbers Show

Wed, 2026-02-11 07:26

Several firms notched double-digit growth in revenue, profits or both last year.

       

The Tax Labyrinth: How US Law Firms' Complex Structures Defeated UK Revenue Plans

Wed, 2026-02-11 05:26

A Law.com investigation into the tax structures of law firms has found that U.S.-based firms in London use vastly different corporate models, making uniform taxation nearly impossible—which could explain why the U.K. government abandoned plans for a tax raid.

       

DOJ Responds to Sanction Threats Over Immigration Arguments

Tue, 2026-02-10 23:17

"By way of explanation and not excuse, we are short-staffed in the Orlando Civil Division, which exacerbates our ability to confront this challenging docket," reads the response from U.S. Attorney Gregory W. Kehoe for the Middle District of Florida and Assistant U.S. Attorney Joy Warner, who asked U.S. District Judge for the Middle District of Florida Roy B. Dalton to weigh the “extremely challenging (indeed, unprecedented) environment for civil AUSAs to operate in" when considering whether to impose sanctions.

       

How I Made Trial Network Chair: 'You've Got to Participate,' Says Anthony Rospert of Thompson Hine

Tue, 2026-02-10 22:59

"First, join an organization whose mission you are passionate about, then really embrace it and go all in. Don't just show up at seminars or other events once a year and be a wallflower. You've got to participate, get involved, put in the time. Talk to people. And when you get home from an event, you've got to follow up. (...) The secret lies in building authentic relationships."

       

ABA Accreditation Council Gains Traction in Becoming More Autonomous

Tue, 2026-02-10 17:38

Among other proposed changes to the bylaws, Section Delegates would "not be able to attend closed sessions of Council meetings involving accreditation matters," and the Accreditation Council would "have the authority to make changes to the bylaws without approval from any other body."

       

200 Lawsuits: Attorney Braces for Fight With FedEx

Tue, 2026-02-10 17:00

"The drivers just haven't gotten paid overtime properly," plaintiff counsel Shannon Liss-Riordan said.

       

YouTube's Attorney Tells LA Jurors in High-Profile Trial: 'It's Not an Addiction'

Tue, 2026-02-10 15:33

YouTube attorney Luis Li, of Wilson Sonsini Goodrich & Rosati, told jurors in his opening statement, "It is not social media addiction when it's not social media, and it's not an addiction."

       

Crypto Founders Accused of Fake AI, Market Manipulation and Staged Death

Tue, 2026-02-10 14:49

A class action alleges that cryptocurrency founders sold a fictitious artificial intelligence venture, manipulated token markets and staged a founder's death as prices collapsed and insiders allegedly cashed out.

       

Class Suit Accuses Adobe of Using Pirated Books to Train AI Models

Tue, 2026-02-10 14:27
A class action accuses Adobe of secretly pulling hundreds of thousands of copyrighted books—including titles scraped from pirate “shadow libraries —to train its new SlimLM small language models, in what plaintiffs call mass, willful infringement that contradicts Adobe's public claims of “ethical AI development.
       

DOJ Asks Supreme Court to Throw Out Convictions of Trump Ally Steve Bannon

Tue, 2026-02-10 13:27
President Donald Trump's top Supreme Court lawyer, U.S. Solicitor General D. John Sauer, told the justices Monday that the dismissal of Bannon's criminal case is "in the interests of justice."        

Making Law Firm Transformation Stick: 5 Change Management Mistakes to Avoid

Tue, 2026-02-10 13:22

Organizations are buying technology but failing at transformation. The difference between the 48% that succeed and the 52% that don't isn't the software. It's how they manage the human side of change.

       

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