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Crypto company settles hidden fee claims with New York AG
On May 18, the New York attorney general announced a settlement with a Brooklyn-based cryptocurrency company to resolve claims that it charged investors “exorbitant and undisclosed fees” to store cryptocurrency in an account that was advertised as being free on its website……By: Orrick, Herrington & Sutcliffe LLP
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Indiana Court of Appeals Holds Product Misuse Unforeseeable in Light of Product Warnings, Reverses Denial of Summary Judgment
Key Takeaway: In Superior Oil Company, Inc. v. Labno-Fritchley, 207 N.E.3d 456 (Ind. Ct. App. 2023), the Indiana Court of Appeals reversed a trial court’s denial of summary judgment in a product liability case. The court held that summary judgment should have been granted because the defendant’s designated evidence related to the product’s warning label…
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Proposed New York Law Seeks Stricter Electronic Marketplace Liability – Retail Did You Know?
Bill S6437, a bill making its way through the New York State Senate, would purport to place electronic marketplace providers on the same footing as retailers for purposes of New York’s strict liability law. While the law would likely be subject to legal challenges, it could be used by plaintiffs’ lawyers attempting to open marketplaces…
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Modified Liability for AI: EU Review of AI Liability Rules
The EU AI Act, which is progressing towards adoption by the end of 2023, will be complemented by an update to the European civil liability rules applicable to AI-related claims. Towards the end of 2022, the EU Commission adopted a proposal for an AI Liability Directive (“AI Liability Directive”) and a proposal for a Directive…
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Suffolk University Notifies Over 53k Students of 2022 Data Breach Involving Their SSNs
On May 24, 2023, Suffolk University filed a notice of data breach with the Attorney General of Maine after learning that a recent cybersecurity event resulted in confidential student information being accessed or obtained by an unauthorized party. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to students’…
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Sur La Table Confirms March 2023 Data Breach Involving Employee Information
On May 24, 2023, SLT Lending SPV, Inc., the company that owns and operates Sur La Table, filed a notice of data breach with the Attorney General of Maine after confirming that an unauthorized party accessed certain files on the company’s computer network that contained confidential employee information. Based on the company’s official filing, the…
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Anti-Kremlin Group Involved in Border Raid Is Led by a Neo-Nazi
The leader of the Russian Volunteer Corps, one of the two insurgent groups responsible for an armed incursion into Russia this week, is a far-right extremist, German officials and humanitarian groups say.
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Colombia’s Peace-Whisperer Makes Plenty of Enemies
Leyner Palacios’s push for dialogue, forgiveness and reconciliation has made him the face of peace in Colombia — and subjected him to death threats.
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Turkey’s Erdogan Woos Voters in Re-Election Campaign
President Recep Tayyip Erdogan has rock star appeal at his election rallies, promising to lead Turkey to claim its rightful place as a global power if he is re-elected in a runoff on Sunday.
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Alberta Election Tests Conservatives’ Far-Right Shift
The pandemic took the conservative party in the oil-rich province of Alberta far to the right. An election on Monday will test if voters, traditionally among Canada’s most conservative, will follow.
