FTX customers aren’t backing down from a class action lawsuit against Sullivan & Cromwell, according to a Monday court filing opposing the law firm’s motion to dismiss. The retail investors, represented by Adam Moskowitz of the Moskowitz Law Firm in South Florida, filed the initial class action within an ongoing multidistrict…

The Japanese Ministry of Justice has introduced changes to simplify the process for allowing foreign lawyers to practice in Japan. The changes come into force on July 31, and will apply to English and Welsh solicitors among other nationalities.

A recent report has found that class actions on behalf of 540 million U.K. members have been issued between 2015 and 2023—equivalent to just over eight actions for every individual. The research by law firm CMS found that, as of the end of 2023, the total claimed value of class actions…

Competition regulators have been on high alert for risks posed by too much market concentration, where a single point of failure can disrupt business worldwide. A cascading information technology outage that recently grounded hundreds of flights, upended health care and halted banking across the globe has been no exception. The…

The University of Delaware has been hit with a reverse discrimination suit by a former operations director who claims he was fired because he is white. The plaintiff, Jason Gardner, says he was dismissed after a selection committee that he chaired hired another white male to fill a vacancy in…

Two Am Law 100 partners scored a win after their clients, who, while in custody, were accused by the FBI of moving millions in cryptocurrency assets in a “surreptitious manner,” walked out of prison Tuesday following an unusual ruling entered by a federal district court in Seattle. The United States…