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3 Aug 2021, 6:16 am
In one of the first major enforcement actions charging a special purpose acquisition company (“SPAC”), the SEC yesterday charged SPAC Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC’s proposed merger target Momentus Inc., and Momentus’s founder and former CEO Mikhail Kokorich with misleading claims about Momentus’s technology and the national security and foreign ownership risks associated with Kokorich. [read post]
31 Jul 2021, 9:19 am
Uber Technologies, Inc., 486 Mass. 557 (2021), the Court declined to enforce an arbitration clause in Uber’s online terms and conditions. [read post]
30 Jul 2021, 7:58 am
As the European Union has considered forcing Apple to open up its contactless payment technology, so Australia is hearing arguments for and against the same issue. [read post]
28 Jul 2021, 6:38 pm
An important element of trust was to manage (and reduce) risk in transactions (Arrow 1974). [read post]
28 Jul 2021, 11:12 am
Tom’s practice focuses on patent, trademark, trade secret, commercial, entertainment law, business, government contracts disputes, litigation, and transactions. [read post]
27 Jul 2021, 3:38 am
" See Jet, Inc. v. [read post]
23 Jul 2021, 8:38 am
Last week, the state enacted a law scrapping its credit surcharge ban and installing restrictions that cap merchant surcharges at 2%, of the value of a transaction, or a merchant’s cost to process the transaction. . . . [read post]
22 Jul 2021, 9:15 am
The long-running Ancora Technologies, Inc. assertion has moved on to additional defendants and a number of parties filed IPRs against the Magentar-Capital-backed Arigna Technologies this week. [read post]
18 Jul 2021, 8:09 pm
Earlier this year, the joint investigation of Clearview AI, Inc. [read post]
16 Jul 2021, 7:46 am
Contracts * Express Lien, Inc. v. [read post]
14 Jul 2021, 2:23 pm
Momentus, Inc. is a Delaware corporation based in California seeking to develop commercially viable technology it could deploy to provide commercial space services. [read post]
14 Jul 2021, 3:30 am
This excerpt from the SEC’s press release gives you a sense for how widely the Division of Enforcement cast its net: The Securities and Exchange Commission today announced charges against special purpose acquisition corporation Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC’s proposed merger target Momentus Inc., and Momentus’s founder and former CEO Mikhail Kokorich for misleading claims about Momentus’s technology and… [read post]
13 Jul 2021, 5:54 am
In December 2020, the SEC filed an action against Ripple Labs Inc. [read post]
11 Jul 2021, 5:20 am
On January 21, 2021, Acmar completed a merger with CarLotz, Inc. [read post]
9 Jul 2021, 10:11 am
PayPal Zettle Comes to U.S., Enabling in-Person and Omnichannel Digital PaymentsVending Market Watch – July 9, 2021 PayPal Holdings Inc. is bringing PayPal Zettle to the U.S. [read post]
6 Jul 2021, 4:23 am
” “This Letter of Intent is intended to be a statement of the mutual interest of the parties with respect to a possible transaction and is subject to execution and delivery of a mutually satisfactory Definitive Agreement. [read post]
3 Jul 2021, 10:29 am
Case citation: Amazon.com, Inc. v. [read post]
3 Jul 2021, 4:37 am
Court Reporting Business (Divestiture)Veritext Legal Solutions 11-Feb-19Propulse VideoTransPerfect 11-Feb-19QUiVX eDiscoveryXact Data Discovery 7-Feb-19Luminance (Investee)Invoke Capital, Talis Capital, and Slaughter and May (Investors)$10,000,000 31-Jan-19Catalyst Repository SystemsOpenText$75,000,000 25-Jan-19Cognatio LawElevate 24-Jan-19DISCO (Investee)Georgian Partners, Bessemer Venture Partners, LiveOak Venture Partner, The Stephens Group, Comerica (Investors)$83,000,000 21-Jan-19Yerra… [read post]
1 Jul 2021, 8:48 am
Assignors are especially likely infringers because of their knowledge of the relevant technology. [read post]
28 Jun 2021, 9:45 am
§ 230 wasn't a standalone statute: It was section 509 of the Communications Decency Act, the Act that in turn formed Title V of Telecommunications Act of 1996.[13] True to its name, the Telecommunications Act dealt with a wide range of telecommunications technology, mostly the familiar media of telephone communications, broadcast television, and cable television, but also the then-new medium of Internet technology. [read post]
