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House Ways and Means to Crypto’s Rescue on Taxes?
On July 16, 2025, the House Ways and Means Committee held a hearing on crypto taxation. Congress and the Administration did not address tax issues in the most recent Digital Asset legislation, as previously discussed here. Among the topics discussed at the hearing were……By: Cadwalader, Wickersham & Taft LLP
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Navigating AI’s Twin Perils: The Rise of the Risk-Mitigation Officer
Generative AI is not just disrupting industries—it is redefining what it means to trust, govern, and be accountable in the digital age. At the forefront of this evolution stands a new, critical line of employment: AI Risk-Mitigation Officers. This position demands a sophisticated blend of technical expertise, regulatory acumen, ethical judgment, and organizational leadership. Driven…
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GENIUS Act Signed Into Law: A Game Changer for Legal Discovery and Information Governance
ComplexDiscovery Editor’s Note: President Trump’s signing of the GENIUS Act sets a new course for professionals in eDiscovery, cybersecurity, and information governance. By formalizing federal oversight of stablecoins—requiring one-to-one reserve backing, comprehensive AML/KYC compliance, and technical capabilities to freeze or seize tokens under court order—the Act introduces compliance obligations that reach deep into how digital…
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AI Hallucinations Could Cause Nightmares for Your Business: 10 Steps You Can Take to Safeguard Your GenAI Use
Consider the following real-life scenarios: – An airline’s AI-powered chatbot promises a customer that it could provide a steep discount for a bereavement flight – a promise that goes directly against company policy. A court later ruled that the airline had to honor the promise. – A researcher gathering background information on a prominent professor…
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Critical Microsoft SharePoint Vulnerability: What You Need to Know
Microsoft has just disclosed a serious vulnerability in SharePoint (CVE-2025-53770) that allows unauthenticated attackers to remotely execute code in a SharePoint server hosted on-prem – no user interaction required. Exploiting this vulnerability could give an attacker the keys to your internal kingdom, making it a prime target for cyber criminals, ransomware actors, and nation-state threats…
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A Summer Surge in Proposition 65 Notices of Violation- Bisphenol S (BPS) in Receipts, UPC Stickers and Thermal Labels – Are Your Receipts Putting You at Risk?
California Proposition 65 (formally the Safe Drinking Water and Toxic Enforcement Act of 1986) (“Prop. 65”) enforcement is hot—and this time, the spotlight is on Bisphenol S (BPS), a chemical often used in thermal receipt paper, packing slips, stickers and shipping labels. According to California’s Office of Environmental Health Hazard Assessment (“OEHHA”) the lead agency…
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Liability Considerations for Developers and Users of Agentic AI Systems
What Are Agentic AI Systems? Agentic AI systems are artificial intelligence technologies that: ..Operate autonomously, ..Adapt to changing environments, and ..Execute multi-step tasks based on user input or instructions. These systems differ from reactive AI (e.g., chatbots), which respond to prompts but do not initiate or adapt actions independently….By: Lathrop GPM
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Recalled Medical Devices: How to Check If You Have One
Numerous medical devices sold in the United States are subject to active recalls. If you have a medical device that is subject to an active recall, it will be important to make sure you know what this means for your health and your legal rights. The health consequences of medical device defects can vary widely,…
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New EU Responsibility and Liability Landscape for Smart Medical Devices in a Global Context
Artificial intelligence (AI) is already indispensable in the healthcare and life sciences sector. Intelligent medical devices promise nothing less than a revolution in the art of healing. With its legislative projects on AI and product liability, the European Union recently addressed the rapid advance of AI in numerous economic sectors. The interaction between these cross-sectional…
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Court of Appeal Certifies Negligence Claim Against Gun Manufacturer for Mass Shooting
The Court of Appeal for Ontario has certified a class action against the manufacturer of a stolen handgun used to carry out the 2018 mass shooting on Danforth Avenue in Toronto, reversing in part the motion judge’s decision below….By: Bennett Jones LLP