This article was originally published on Law360 in June 2026. On April 17, federal prosecutors unsealed a 10-count indictment in the U.S. District Court for the Eastern District of New York charging the CEO and chief financial officer of iLearningEngines Inc., a corporate education and training company claiming to utilize artificial intelligence, with securities fraud, wire … Read more
SUMMARY A federal jury in Oakland ended the Musk v. Altman trial on May 18 without reaching the merits, finding Elon Musk waited too long to sue OpenAI. The statute of limitations ruling cleared a major legal challenge for OpenAI as it approaches a potential IPO. For founders and investors in mission-driven ventures, the case … Read more
A variant of this post was published in Deal Points, the Newsletter of the Mergers and Acquisitions Committtee of the American Bar Association. In mergers and acquisitions, contracts form the backbone of transactions, governing crucial aspects such as liabilities, obligations, warranties and intellectual property rights. The thorough analysis of these contracts is a critical component … Read more
This article was originally published in the April 2025 issue of New Jersey Lawyer, a publication of the New Jersey State Bar Association, and is reprinted with permission. Recent developments, such as the California Bar’s 2024 guidelines on AI use in legal practice, underscore the urgency of challenges faced by law firms in balancing technological … Read more