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17 Apr 2023, 6:00 am
In addition to representing individual consumers in defective product claims, we have also served as plaintiff’s counsel in high-profile class action and multidistrict litigation cases involving defective Takata airbags, General Motors ignition switches, and more. [read post]
11 Apr 2023, 9:27 am
For example, in Massachusetts S. 31 would regulate generative AI models and require companies operating large-scale generative AI models (i.e., a machine learning model with a capacity of at least one billion parameters that generates text or other forms of output) to register with the Attorney General and adhere to specific standards, like programming text with a watermark and not engaging in bias. [read post]
10 Apr 2023, 2:13 pm
General Motors was fined $900 million in 2015 for concealing dangerous car defects. [read post]
8 Apr 2023, 6:30 am
., [1] the Delaware Court of Chancery held that a stockholder vote was invalid under Section 242 of Delaware General Corporation Law (“DGCL”) where a special purpose acquisition company (SPAC) had a multi-class stock structure and Class A and Class B stockholders voted together as a single class on charter amendments to increase the number of shares. [read post]
8 Apr 2023, 6:30 am
., [1] the Delaware Court of Chancery held that a stockholder vote was invalid under Section 242 of Delaware General Corporation Law (“DGCL”) where a special purpose acquisition company (SPAC) had a multi-class stock structure and Class A and Class B stockholders voted together as a single class on charter amendments to increase the number of shares. [read post]
6 Apr 2023, 6:52 am
Patrick Lamb, co-founder with Nicole Auerbach of the boutique law firm ElevateNext, describes the value offer this way: “Think about how much it would have been worth to General Motors to not have the ignition switch problem [covered here and here]. [read post]
3 Apr 2023, 5:45 am
Thus any book or record kept by a private corporation is subject to public exposure, and New York law requires these books to be accurate. [read post]
29 Mar 2023, 5:01 am
And in any event, regardless of whether any speaker interests are involved in an AI program's output, certainly readers can gain at least as much from what the program communicates as they do from commercial advertising, corporate speech, and speech by foreign propagandists. [read post]
27 Mar 2023, 9:01 pm
We review a number of significant developments in Delaware corporate law, including the Court of Chancery’s clarification of directors’ oversight duties, and the Delaware General Assembly’s expansion of Section 102(b)(7) of the Delaware General Corporation Law to include exculpation of officers for personal liability arising from breaches of the duty of care. [read post]
23 Mar 2023, 4:54 am
In 1993, General Motors sued NBC News, accusing the network of deceiving the public by secretly attaching explosives to General Motors trucks, and then blowing them up to exaggerate a danger. [read post]
19 Mar 2023, 12:22 pm
Every motor vehicle on California’s roadways must have some form of insurance coverage. [read post]
1 Mar 2023, 12:38 pm
As a Board-Certified Mediator, he served in a wide array of matters from high stakes class action lawsuits involving national corporations, commercial claims, professional negligence matters and motor vehicle accidents to workers’ compensation actions and product liability disputes. [read post]
20 Feb 2023, 9:05 pm
Applying solely to tender offers, the consequence is that one’s entitlement to keep trading profits legally or be sent to the slammer may hinge on whether a corporate transaction takes the form of a merger or a tender offer. [read post]
16 Feb 2023, 3:30 am
She proposes an alternative diversity disclosure regime based on more comprehensive statistical and forward-looking elements to inspire tangible changes.1 Over 50 years ago, Ralph Nader and a group of Washington lawyers challenged General Motors Company (GM) over such critical concerns as product safety, environmental impact, and diversity.2 The 1970 Project on Corporate Responsibility sought shareholder approval of several resolutions. [read post]
6 Feb 2023, 9:01 pm
Background Under Delaware corporate law, directors owe fiduciary duties of care and loyalty to the corporation that they serve.[2] Since the Caremark case, these duties have included an obligation for directors to exercise oversight by making a good faith effort to implement and monitor reasonable information and reporting systems and controls.[3] A director who (i) utterly fails to implement any reporting or information system or controls (a “prong 1” failure); or (ii)… [read post]
6 Feb 2023, 8:14 am
CaseYak CaseYak uses AI to generate motor vehicle accident claim value predictions. [read post]
23 Jan 2023, 9:30 am
CaseYak Elevator Pitch: CaseYak uses AI to generate motor vehicle accident claim value predictions. [read post]
21 Jan 2023, 5:17 pm
See generally, Jeffrey P. [read post]
18 Jan 2023, 11:37 am
General Motors and Ford are also implicated in denying scientific predictions about environmental harms. [read post]
17 Jan 2023, 5:00 am
” For generations, its centrality in American life was widely recognized. [read post]
