Proposed US rules causing banks to sour on SPACs are having the opposite effect on Big Law firms that see an uptick in inquiries about special purpose acquisition companies. Lawyers are advising SPACs, investors, and target companies on what the rules will mean for deals being negotiated now and those […]
Business Law
Musk Says He Would Reverse Twitter’s Ban of Donald Trump | Business News
By MATT O’BRIEN, KELVIN CHAN and TOM KRISHER, AP Business Writers LONDON (AP) — Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump if the Tesla CEO follows through with his plan to buy the social media company. Musk, speaking virtually at a Future of […]
Clearview AI agrees to restrict sale of facial image database in settlement
Facial recognition startup Clearview AI has agreed to restrict the sale of its massive collection of face images to settle allegations that it collected people’s photos without their consent. The settlement was reached in a case alleging the company violated Illinois’s Biometric Information Privacy Act (BIPA), considered the strongest data […]
Supreme Court Leak Prompts New Look at Old Way of Doing Business
The leak of a bombshell draft abortion opinion has left the U.S. Supreme Court confronting whether to make radical changes to its tradition-laced work habits. Companies fight document leaks by taking steps such as placing identifiable marks on paper, disabling laptop USB ports and checking employee thumb drives. But the […]
NTA Blog: Despite Operating Legally in Many States, Marijuana-Related Businesses Face Significant Federal Income Tax Law Challenges
As the National Taxpayer Advocate, I am the voice of *all* taxpayers within the IRS. As such, my office assists many different types of taxpayers in resolving tax problems with the IRS. While we typically focus on individual tax issues, our purview also includes business taxpayers. One such class of […]
Seasoned Chicago-Based, C-Level Law Firm Executive Thomas Gaughan Named Honigman’s New Chief Operating Officer | News
CHICAGO & DETROIT–(BUSINESS WIRE)–May 10, 2022– Michigan-based Honigman LLP announced the arrival of longtime law firm executive Thomas Gaughan as the firm’s new Chief Operating Officer, following the retirement of Robert Kubic who had been COO since 2008. Gaughan will be based in the Chicago office, which is home to […]
Bangladeshi tech law would gag journalists, embed authoritarianism
Already under fire from the Digital Security Act, Bangladeshi journalists face even worse censorship if a new piece of legislation gets up. I was picked up, held, interrogated and eventually deported by intelligence services because of my reporting, Susannah Savage, a freelance journalist working for […]
Three Great China Newsletters – Lexology
When we started this blog way back in 2006, readers would constantly ask us what they should be reading “to stay current on China.” With mainstream media coverage of China having greatly improved since then, we are asked this way less often these days, but this morning I got an […]
The Point, May 2, 2022: Felony charges follow UF students caught with fake IDs, but few result in convictions
Subscribe to The Point, arriving in your inbox Monday through Friday at 8 a.m. • WUFT News: University of Florida students caught with fake IDs endure lengthy, costly legal process. “UF police have forwarded nearly four-dozen felony complaints to state prosecutors against students caught with fake IDs over the past four […]
Greenspoon Marder Launches Latin America Practice Group
MIAMI, May 2, 2022 /PRNewswire/ — Greenspoon Marder is pleased to announce the launch of the firm’s national Latin America (LATAM) practice group providing counsel to inbound and outbound international clients on maximizing cross-border opportunities. Boasting a strong foundation and reputation in key international markets such as South Florida and New […]