A first-in-nation ruling in Texas federal court casts serious doubt on the enforceability of the broad-reaching new Federal Trade Commission (FTC) noncompete rule. For any company seeking to legitimately protect its hard-earned competitive position, this opinion and the FTC’s rule must be considered and understood. While the Texas decision was…

Latham & Watkins partners Michele Johnson, Colleen Smith and Morgan Whitworth entered appearances for prescription drug price tracker and health care company GoodRx on July 1 in a pending shareholder derivative action. Shareholder Benjamin Solomon, represented by the Brown Law Firm in New York, filed the verified derivative complaint on behalf of GoodRx…

Simmons & Simmons has appointed Kenneth Hui as its new regulatory head in Hong Kong where he will oversee the firm’s growing Asia financial markets practice. As Hong Kong emerges as a virtual asset hub, Hui will counsel clients on the expanding digital assets market, now under a new regulatory…

On Wednesday, PointOne, a legal tech startup that automates legal timekeeping and billing, announced that it raised $3.5 million in a seed financing round that saw participation from Bessemer Venture Partners, General Catalyst, Y Combinator and an investment fund affiliated with law firm Cooley, among others. Officially launched in October 2023,…

A Southern California family trying to recover a painting stolen by Nazis in 1939 was dealt another legal blow Tuesday when the U.S. Court of Appeals for the Ninth Circuit declined to rehear its case en banc. Ninth Circuit Judges Consuelo Callahan, Carlos Bea and Sandra Ikuta denied a petition…

The judging committees for the New York Law Journal’s professional excellence awards have issued their findings.  Throughout the day, the Law Journal will release the lists of finalists and winners of select achievement, so check back here as we honor some of the top players in the New York legal…