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Crypto Firms Launch New Initiatives; Whitepapers Address DeFi, Crypto Risks, CBDCs; OFAC Adds Crypto Addresses to SDN List Connected to DOJ Action
Crypto Firms Continue to Launch New Initiatives Across Markets – In a recent press release, digital asset infrastructure firm Fireblocks announced its acquisition of BlockFold, “a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions.”…By: BakerHostetler
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California: The Next Frontier in Digital Asset Regulation
The California Department of Financial Protection and Innovation (DFPI) may soon have another regulatory regime under its belt—answering the long-open question of digital asset regulation in California….By: Orrick – On the Chain
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EU Academy Offers Free Online Course on Nanomaterials in EU Legislation
The EU Academy, an online hub owned by the European Union (EU), is offering an online course on how EU legislation addresses nanomaterials. The target audience includes……By: Bergeson & Campbell, P.C.
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FTC roundtable on generative AI and the creative economy
On October 4, the FTC hosted a virtual roundtable to hear directly from creators on how generative AI is affecting their work and livelihood. FTC Chair Lina Khan noted the Commission’s role enforcing rules of fair competition and its intention to “keep pace” to fully understand how new technology can be used and the negative…
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Federal Court Strikes Down Copay Accumulator Programs
On September 29, 2023, the U.S. District Court for the District of Columbia vacated a Trump-era rule from 2021 that allowed insurers to exclude drug manufacturer co-pay support coupons and assistance from a patient’s annual cost-sharing caps….By: Goodwin
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New Report Shows Over Five Percent of All Employment Lawsuits Are Filed in the Central District of California
State and federal laws impose a duty on employers to respect employees’ rights and provide them with certain benefits. However, because employment disputes often involve a mix of state and federal claims, most of these cases are filed in federal court….By: Console and Associates, P.C.
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Flooring Defendant Denied Renewal of Two Previous Summary Judgment Decisions
Supreme Court of New York, New York County – In two asbestos actions (Avakian and Layton), defendant Mannington Mills moved to renew its summary judgment motion. Mannington contends that there was a subsequent change in the law that necessitates reversal of the court’s previous denial of two summary judgment motions. Mannington argues that the plaintiff’s…
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Change the Case—Deconstructing a Recent Slip and Fall Plaintiff’s Verdict
We have all pulled on a thread, and kept pulling, and kept pulling until we have four feet of thread balled up in our hands. “What did I just do to my sweater?” In litigation, we have to pull the thread and see where it leads….By: McNees Wallace & Nurick LLC
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Defendant’s Motions for Summary Judgment Denied
Supreme Court of New York, New York County – In three asbestos actions (Learmond, Nale, and Torio), a caulk defendant moved for summary judgment, arguing that the respective plaintiffs’ claims regarding the asbestos content of the caulk and that the plaintiffs failed to meet the causation standard. In opposition, plaintiffs contend that the defendant failed…
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More Employment Cases Were Filed in the Eastern District of New York than Almost Anywhere Else in the U.S.
Employers have a legal duty to ensure a safe, healthy workplace and to pay employees fairly for their work. This includes an obligation to treat employees fairly and respect their individual differences. When an employer’s actions run afoul of state or federal employment laws, workers—either individually or as a group in a class action—can sue…