麻豆传媒

States Sue To Block 23andMe From Selling DNA Data In Ch. 11

By Dorothy Atkins

A bipartisan coalition of 28 attorneys general has sued 23andMe Inc. in Missouri bankruptcy court seeking to block the genetic-testing company from auctioning off its 15 million customers' personal genetic information without their explicit consent in its ongoing Chapter 11 proceeding.

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House 23andMe Hearing Raises National Security Concerns

By Clara Geoghegan

麻豆传媒makers pressed current and former 23andMe executives during a House Oversight Committee hearing Tuesday over national security and consumer privacy in connection with a planned Chapter 11 sale of 15 million customers' DNA profiles.

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Farella Braun Wins Partial Fee Award In FDIC Dispute

By Emily Lever

A California federal judge has awarded Farella Braun & Martel LLP around $10,000 in attorney fees for the work its lawyers did for the bankrupt parent of Silicon Valley Bank, finding the receiver for the bank, the Federal Deposit Insurance Corp., failed to comply with discovery orders.

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Green Energy Battery Co. Files Ch. 11 With Sale, Spinoff Plans

By Rick Archer

A company that manufactures batteries for green energy projects sought Chapter 11 protection in New Jersey bankruptcy court Tuesday, saying it is planning a spinoff and a sale to deal with its $325 million in debt, and citing an "untenable" liquidity situation and claims asserted by unhappy customers.

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Biopharma Co. Unit Hopes To Shed Empty Facilities In Ch. 11

By Isaac Monterose

A subsidiary of biopharmaceutical manufacturer National Resilience Holdco Inc. filed for Chapter 11 protection Tuesday in Delaware bankruptcy court with a reorganization plan involving shutting down offices, manufacturing sites and labs it described as "underutilized."

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Guo Trustee Eyes Litigation As Clawbacks Stall In Mediation

By Aaron Keller

The Chapter 11 trustee handling Chinese exile Miles Guo's $374 million Connecticut bankruptcy estate on Tuesday previewed a forthcoming request to terminate clawback mediations and move those proceedings into litigation, saying several defendants have used alternative dispute resolution to stall, rather than settle, his claims.

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Fla. Fraud Suit Cited In Threat To $300M Project's Ch. 11 Plan

By David Minsky

The debtors of a $300 million real estate development in Florida cited challenges in working through its Chapter 11 case on Tuesday, telling a federal bankruptcy judge that an insurance heiress's state court lawsuit against her former financial adviser threatens to derail a restructuring plan.

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No Sanctions For Cicis Pizza Investor, Judge Rules

By Spencer Brewer

A Texas state court judge drew short of sanctioning one of the companies that helped bring Cicis Pizza out of bankruptcy, but said Tuesday the company needs to turn over its complete ledger as it pursues a suit challenging allegedly excessive management fees totaling at least $25 million.

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Yukos Says $5B Russia Award Suit Must Proceed

By Joyce Hanson

Yukos Oil Co.'s financing arm has told a D.C. federal court that a recent U.S. Supreme Court decision rejecting the Ninth Circuit's outlier interpretation of a jurisdictional question moots Russia's request that the court pause enforcement of a $5 billion arbitral award against the country.

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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.

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ABA 'Surprised And Disappointed' By DOJ Shunning

By Courtney Bubl茅

The American Bar Association on Tuesday defended its long-standing process for reviewing judicial nominees and said Attorney General Pam Bondi was wrong to call the group an "activist organization."

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Analysis

Feds Reboot FCPA Agenda With Narrower Enforcement Focus

By Sarah Jarvis

The U.S. Department of Justice on Tuesday released new and tightened guidelines for enforcement of the Foreign Corrupt Practices Act after a four-month pause on such prosecutions, centering prospective investigations on situations that affect U.S. competitiveness and national security as well as transnational cartels.

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Top CFPB Enforcer Quits Over 'Devastating' Agency Pullback

By Jon Hill

The Consumer Financial Protection Bureau's top enforcement official resigned Tuesday, saying she can no longer effectively do her job under leadership that "has no intention to enforce the law in any meaningful way."

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Judiciary Panel Advances New Rules On Amici, AI, Subpoenas

By Jeff Overley

The federal judiciary's top policy panel Tuesday propelled revamped rules regarding numerous hot legal topics, including artificial intelligence, "dark money" groups bankrolling amicus briefs and the subpoena powers of courts and defense counsel.

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NJ Rep. LaMonica McIver Indicted Over ICE Facility Incident

By Hailey Konnath

U.S. Rep. LaMonica McIver has been charged with forcibly impeding and interfering with federal officers during her inspection of a Newark, New Jersey, immigration detention facility last month, the U.S. Department of Justice announced Tuesday.

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Wis. Judge Can't Wield Immunity For Obstructing ICE, DOJ Says

By Lynn LaRowe

The U.S. Department of Justice has urged a Wisconsin federal judge to reject a state court judge's argument that judicial immunity blocks her prosecution for allegedly obstructing an ICE arrest at a Milwaukee courthouse, saying that while judges may be immune from civil liability for official acts, they are not shielded from prosecution for supposedly criminal conduct.

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State Chief Justices Blast Plans To Cut Legal Services Corp.

By Hailey Konnath

A coalition of 37 state Supreme Court chief justices have asked federal lawmakers to reject President Donald Trump's plans to eliminate the Legal Services Corp., arguing that the "justice system is hobbled when citizens are deprived of legal counsel."

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Mass. Court-Appointed Attys Hit 'Boiling Point' Over Low Pay

By Julie Manganis

Hundreds of private attorneys in Massachusetts who are paid by the state to represent indigent defendants and others have stopped accepting new court-appointed cases over complaints about low pay, putting the system on what one veteran advocate called "the verge of imploding."

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House Conservatives Push Senate To 'Rein In' Judges

By Courtney Bubl茅

House conservatives are imploring their Senate counterparts to do more to "rein in" federal judges with the budget reconciliation package.

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SEC's Investment Management Chief Greiner To Leave Agency

By Tom Zanki

U.S. Securities and Exchange Commission veteran Natasha Vij Greiner is stepping down as the director of the agency's investment management division, ending a nearly 24-year career serving the SEC in multiple roles, regulators announced Tuesday.

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Analysis

Key Insights On Looming Fair Use Rulings In AI Cases

By Ivan Moreno

Two California federal judges have indicated they are inclined to find that using copyrighted material to train artificial intelligence systems is transformative, which usually means that copying a work is fair, but that may not let Meta Platforms and Anthropic off the hook in separate lawsuits.

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Catching Up With Delaware's Chancery Court

By Katryna Perera and Jeff Montgomery

Delaware's Court of Chancery showed new resistance to suits alleging corporate weaponizing of advance notice bylaws, and a new report highlighted the high fees that attorneys are cashing in on in Delaware courts compared to the federal court system. Several new suits were also filed concerning allegedly under- or overvalued sales and acquisitions being pushed through.

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