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3 Apr 2024, 9:01 pm by renholding
They have variously argued that their crypto products were “currencies” and, therefore, beyond our remit; that the term “investment contract” was unconstitutionally vague and could not be applied to crypto; that their offerings were “utility tokens” not securities; that there was a “lack of fair notice” their conduct implicated the securities laws; that everything was “decentralized” and because there were no entities or… [read post]
29 Feb 2024, 2:13 pm by Katie Calogero
The agency argued the GAO should use the award price, especially because the contract contains FAR 52.232-20, which states the government is not obligated to reimburse the contractor for costs incurred in excess of the amount listed in the contract. [read post]
31 Jan 2024, 9:36 am by Anne Perry and Lillia Damalouji
Dynamics, LLC, B-421953, B-421953.2, Dec. 18, 2023, 2023 WL 8874140 [read post]
5 Jan 2024, 9:15 am by Amy Howe
By the time the justices hear arguments in the social media cases, NetChoice LLC v. [read post]
2 Jan 2024, 4:55 am by Peter J. Sluka
LLC (17-CV-8308, 2023 WL 8850097, at *1 [SDNY Dec. 21, 2023]), which tees up one of the first must-see business divorce trials of 2024. [read post]
17 Dec 2023, 9:03 pm by renholding
Instead, Congress included a long list of 30-plus items in the definition of a security, including the term “investment contract. [read post]
11 Dec 2023, 9:05 pm by renholding
Striving to better, oft we mar what’s well — William Shakespeare, King Lear (1606) The Delaware Court of Chancery has, for more than a century, honed unparalleled expertise in a unique body of corporate law based on equity – and is thus adaptable enough to address injustice. [read post]
7 Dec 2023, 1:30 am by Sherica Celine
Contracts One risk associated with licensing GenAI technology is that it may have been trained on data sets including personal information or sensitive personal information—or both. [read post]
29 Nov 2023, 9:01 pm by renholding
In addition, the SEC also filed its first actions against issuers of non-fungible tokens (“NFTs”) in August and September 2023; Impact Theory LLC and Stoner Cats 2 LLC both settled the Commission’s cases against them.[9] Finally, the press release did not discuss the outcome of the SEC’s litigated case against Ripple Labs, where the U.S. [read post]