Know What's Happening in Legal
Know What's Happening in Legal
Delaware Supreme Court revives insurers' contract claims against Blackbaud over ransomware breach
The court reversed lower‑court dismissals, allowing insurers to pursue breach‑of‑contract claims against Blackbaud for its 2020 ransomware incident. Blackbaud previously paid a $3M SEC fine and $49M settlements to state attorneys general for misleading breach disclosures.
Also developing:
Apple has begun blocking U.S. iPhone users from downloading or updating any ByteDance‑owned apps that are intended for the Chinese market, including Douyin, Doubao, and Fanqie Novel. The restriction, enforced through on‑device geolocation checks, follows the Protecting Americans from Foreign Adversary Controlled Applications Act, which bars distribution of majority‑ByteDance apps within U.S. borders. While TikTok, CapCut and Lemon8 remain on the U.S. App Store under a divestiture deal, other ByteDance products are now unavailable even with a Chinese‑registered Apple ID. The move marks a significant expansion of Apple’s regional enforcement capabilities.
Coupang announced it is hiring an in‑house legal team dedicated to stablecoin issuance and regulatory compliance. The initiative will enable the e‑commerce giant to embed blockchain‑based digital assets across its South Korean and Taiwanese operations, as well as its Farfetch...
Christine Hunsicker, founder of fashion‑rental tech firm CaaStle, pleaded guilty to securities fraud for inflating the company’s revenue and cash position. Over six years she misrepresented financials, showing a $24 million operating profit that was actually under $30,000 and a $50 million...
Epic Games filed a lawsuit in North Carolina against former contractor Hayden Cohen, known as “AdiraFNInfo,” accusing him of leaking unreleased Fortnite content. Cohen allegedly breached a September 2025 NDA by posting confidential details about upcoming collaborations with brands such...
The Consumer Finance Monitor podcast examined two Trump‑era proposals: a temporary 10 % cap on credit‑card APRs and the Credit Card Competition Act (CCCA) that would force large issuers to route transactions through at least two unaffiliated networks. Both initiatives are...
The Ninth Circuit ruled that Tile’s October 2023 email update provided sufficient inquiry notice to bind users to the revised Terms of Service, including a new arbitration clause. The court applied a three‑factor test—transaction context, reasonable disclosure, and lack of alternative...
A new noyb survey of 500 data‑protection officers shows a stark mismatch between the EU Commission’s proposed "digital omnibus" tweaks to the GDPR and the practical needs of compliance professionals. The study highlights dissent over easing the Right‑to‑Access request process,...
Software bill of materials (SBOM) are moving from best‑practice guidance to regulatory baseline worldwide. In the U.S., Executive Order 14028 and sector‑specific mandates such as the FDA’s medical‑device rule push SBOM adoption, while the White House’s recent shift to a...
An independent legal opinion warns that major multilateral development banks and their shareholder governments could be violating international climate law by financing fossil‑fuel projects. The analysis, authored by scholars Johanna Aleria P. Lorenzo and Jolene Lin, builds on the International...
Poland enacted a law that curtails social benefits for Ukrainian refugees, restricting healthcare to minors, workers, victims of torture or rape, and other vulnerable groups. Food, housing aid and school transport subsidies will only continue for the most vulnerable and...
UK communications regulator Ofcom has announced a virtual focus group for small video‑game studios to discuss regulatory challenges. The workshop aims to collect real‑world feedback on current guidance and identify ways the regulator can better support early‑stage developers. Interested companies...
Choice Hotels International has promoted Jeff Lobb to senior vice president, general counsel, and secretary, effective March 26. Lobb, a Choice veteran since 2006, succeeds retiring executive Simone Wu, who led the legal function for 14 years. In his new...
iManage announced a major upgrade to its Insight+ platform, adding enterprise‑wide contextual integration and direct data‑warehouse connectivity. The enhancement lets the system pull metadata from billing, practice‑management and HR systems, enriching document and email searches with matter profitability, partner responsibility,...
Cumbuca, founded by Daniel Ruhman, acts as a regulatory proxy that grants international fintechs direct access to Brazil’s Central Bank payment infrastructure. By holding its own payment‑institution licence, the company lets clients launch in weeks instead of the years typically required...
Lendwise Mortgage, a newly launched California lender, filed a lawsuit in Los Angeles Superior Court accusing rival Priority Financial Network (PFN) and its CEO Marc Shenkman of submitting false fraud reports to shared partners. The alleged false reports claimed Lendwise...
The U.S. Department of Justice secured a $556 million settlement with Kaiser Permanente for allegedly submitting unsupported diagnosis codes to boost risk‑adjusted Medicare Advantage payments. The case, covering nearly a decade of overcoding, underscores the systemic pressure on clinicians to add...
An academic author discovered the original publisher increased the licensing fee for a foreign-language edition to $3,000, straining the translation publisher’s budget. The fee level raises questions about standard pricing for scholarly works, which typically depend on projected sales, language...
The U.S. Securities and Exchange Commission has warned leveraged‑ETF issuers to pause the effective dates of new high‑leverage funds, citing concerns over compliance with Rule 18f‑4. The agency’s Division of Investment Management used a brief group call to signal that proposed...
Meta announced it will permit third‑party general‑purpose AI chatbots on the WhatsApp Business API in Europe for the next 12 months, aiming to ease pressure from an EU antitrust investigation. The company will charge a usage fee of €0.049 to...
Encompass has introduced EC Review, a scalable service that automates the remediation of legacy corporate KYC records for banks. Using the firm’s EC360 data engine, the solution processes thousands of client profiles in batch, delivering refreshed ownership and control data...
According to 8am’s 2026 Legal Industry Report, 69% of legal professionals now use generative AI tools, more than doubling adoption within a year. While individual practitioners embrace AI for drafting, research, and document summarization, only 46% of law firms have...
In February 2026 two federal judges tackled whether content generated with publicly available generative AI tools is shielded by attorney‑client privilege or the work‑product doctrine. Magistrate Judge Patti, hearing Warner v. Gilbarco, treated AI as a mere drafting tool and...
On Monday, the Supreme Court granted a stay in the Malliotakis case, a move that legal scholars say could broaden the Court’s emergency‑relief jurisdiction to include rulings from state courts. The decision arrives as the Court’s emergency docket is already...
Radio broadcaster Cumulus Media has filed a prepackaged Chapter 11 reorganization, aiming to eliminate approximately $600 million of debt. The plan, backed by its lenders, allows the company to continue operating its 394 radio stations, Westwood One network, and podcast platform...
UWM is facing a federal class‑action lawsuit alleging that its brokers sent unsolicited text messages to a consumer despite his Do‑Not‑Call registration. The plaintiff claims the texts were dispatched using UWM’s proprietary Lead Pipeline, Action IQ and ChatUWMAssist tools, and...
Ivo, a San Francisco‑based contract intelligence platform, announced the opening of new offices in London and New York after reporting a six‑fold revenue increase over the past year. The growth follows a recent $55 million funding round and a plan to...
The SEC Enforcement Division has updated its manual to require two‑level, director‑level approval before a Wells notice can be issued. This formalizes a practice that previously existed informally, potentially creating a bureaucratic bottleneck that slows investigations toward charging decisions. The...
GMS, the world’s largest cash buyer of ships for recycling, is urging the European Commission to add qualified Indian ship‑recycling yards to the EU Ship Recycling Regulation list. Over 110 Indian yards hold Hong Kong Convention compliance, yet none have been...
UK law firms have embraced Microsoft 365 Copilot, purchasing licences and running pilots, but usage has plateaued as enthusiasm wanes. The stall stems from a lack of governance, role‑specific training, and confusion between the free Copilot Chat and the full Copilot...
The U.S. Securities and Exchange Commission delivered an interpretive framework to the White House on March 3, outlining how certain crypto assets may be treated as securities. Unlike prior staff memos, this commission‑level guidance carries stronger legal weight without requiring a...
At LegalEx London, LEAP CEO Craig Matthews emphasized that AI must be integrated, governed, and purpose‑built to deliver real efficiency for law firms. He warned that firms face daily pressures around productivity, risk, cybersecurity, and burnout, and that AI can...
Anthropic unveiled a Claude legal plugin on February 3, 2026, enabling its large‑language model to perform document review and other legal tasks. The announcement triggered a sharp sell‑off in publicly listed legal‑software firms such as Pearson, RELX, Thomson Reuters, Wolters Kluwer and...
In this week's Biotech Scorecard newsletter: The extremism of the FDA’s Peter Marks and Vinay Prasad has come with costs Two regulators, two extreme regulatory philosophies, one replacing the other. The rare disease community is suffering whiplash. Drugmakers ( $QURE...
Still thinking about @AlexH_Johnson & my pod convo about @CashApp's plan to sell its internal credit scores to third parties That the company seems to be able to manage *credit risk* reasonably effectively makes its financial crime control failures look even...
The Southern District of New York magistrate ordered Sun to produce a hit report for its 57‑term counterproposal after Sun refused, emphasizing the need for transparent term negotiations. The court also compelled Sun to search director Steven Liu’s cellphone, rejecting...
Not just @defis_eu Space Act: @FCC wants industry input on discriminatory policies at @esa, Brazil, Canada, South Korea, Gulf Cooperation Council. @spacegovuk @BrendanCarrFCC #MWC26. https://t.co/WNE0RDXEPN https://t.co/l6A5Fqkgw1
I said before that force majeure could be the result of the war. Here we go. Singapore petrochemical firm declares it. More to come. Add shipping contracts. And other areas.
Bundledocs announced Bundledocs Review, a real‑time collaboration layer built into its cloud‑based document bundling platform for legal teams. The new solution adds secure shared workspaces, granular permission controls, live commenting, annotation and a full audit trail, eliminating the need for...
Labubu sues 3D printer maker Bambu Lab for items made by its users — MakerWorld design repository in hot water over IP theft by its users https://t.co/j5PlQ5wuG6 @stlDenise3D
Revolut, which struggled but eventually obtained its U.K. bank charter, has applied for one in the U.S., the company announced this morning: https://t.co/rNHcC6IgWC
Kip Meek, chair of the UK Competition and Markets Authority's cloud inquiry, resigned in protest over the regulator's sluggish response to hyperscaler dominance. The CMA’s report highlighted that Microsoft Azure and Amazon Web Services control roughly 70‑90% of the UK...
When nine justices can redirect global supply chains overnight, it’s fair to ask whether the Court’s structure still fits the modern economy. #SupplyChain #GlobalTrade https://t.co/N2tgQ7sgEX https://t.co/kCnjdrx0CX
Beast Industries, the media arm behind YouTube star MrBeast, terminated video editor Artem Kaptur after an internal probe linked him to insider trading on the prediction‑market platform Kalshi. Kalshi’s surveillance flagged Kaptur’s near‑perfect trades on low‑odds contracts that corresponded with...
Utah’s Senate voted unanimously to pass SB 275 Sub 2, amending the State‑Endorsed Digital Identity Program. The legislation authorizes a wallet‑based digital ID that places data control and privacy in the hands of citizens. It builds on the SB 260...
South Korea’s Financial Services Commission unveiled a draft roadmap that will make sustainability reporting mandatory for large listed firms starting in 2028, using 2027 data. The new standards align closely with the IFRS Foundation’s ISSB IFRS S1 and S2 requirements, covering...
Employers face a wave of I‑9 and E‑Verify volatility as ICE worksite enforcement resurged in 2025 and federal programs that stabilized work authorization were dismantled. The termination of humanitarian parole, TPS volatility, and the end of automatic EAD extensions have...
The OCC has issued a draft implementation rule for the GENIUS Act that establishes a rebuttable presumption that stablecoin issuers and their affiliates may not pay interest or yield on payment stablecoins. While the language appears to ban direct yield,...
&AI, a patent‑litigation startup, has launched Opportunities, a real‑time feed that delivers new patent litigation filings within minutes. The platform lets defense teams filter parties and case types, automatically matches cases to the most suitable attorney, and enriches each alert...
President Trump’s second‑term administration issued executive orders that punished law firms representing liberal causes or the Mueller investigation, prompting four firms to sue. Federal judges declared the orders unconstitutional, and the Department of Justice briefly moved to dismiss its appeals...
The Supreme Court’s ruling in Learning Resources v. Trump is being classified as a non‑recognized (Type 2) subsequent event under ASC 855 for firms that imported goods subject to IEEPA tariffs and have not yet issued financial statements as of February 20, 2026. The...
