Bloomberg Law National banks will have to contend with more litigation to assess whether state consumer protection laws apply to them after a US Supreme Court unanimous decision on Thursday. The high court’s ruling in Cantero v. Bank of America NA reignites a fight over bank regulation that dates back Read more…
ABA Journal “Law firms and in-house legal counsel are exploring artificial intelligence adoption and educating themselves to provide AI legal advice internally and externally. To better advise AI decisions, lawyers should know the benefits, shortcomings and best practices of incorporating insurance into AI risk management. Simple AI systems are already Read more…
Bloomberg Law “Kroger Co. and Albertsons Cos. defeated the Federal Trade Commission’s efforts to force the supermarket giants to produce documents on their plans to divest stores as part of their $25 billion tie-up. The FTC’s request for negotiation materials was “premature,” Chief Administrative Law Judge Michael Chappell said in Read more…
Bloomberg Law “A pension fund and an AMC Entertainment Holdings Inc. investor defended on Wednesday a settlement they negotiated with the cinema chain so it could proceed with a stock conversion opposed by its meme stock base. One of those retail traders, Rose Izzo, is asking the Delaware Supreme Court Read more…
Bloomberg Law “A new federal rule that bans the use of worker noncompete agreements in health care has focused attention on the nonprofit health sector, and its near-blanket exemption from the terms of the new regulation. The Federal Trade Commission will determine just how many of the nation’s roughly 3,000 Read more…