Argentina must turn over more than $300 million in cash to bondholders, the U.S. Court of Appeals for the Second Circuit ruled on Wednesday. A unanimous three-judge panel affirmed a lower court’s finding that investors were owed reversionary interests in collateral backing the bonds, which recently matured.

On Tuesday, Thomson Reuters announced it has acquired UK-based startup Safe Sign Technologies “to accelerate its AI strategy,” according to a press release. The financial details of the acquisition were not disclosed. Safe Sign, which focuses on developing legal-specific large language models (LLMs), was co-founded in February 2022 by Alexander…

Attorneys have sued Binance in a federal district court in Newark after a variety of cryptocurrencies valued at $30 million was stolen from their client and allegedly laundered through the global company’s exchange. Jose Ceide, a partner at Salazar Law in Miami, specializes in cryptocurrency litigation and is not involved…

A prejudgment remedy of $295,000 survived an appeal and challenges to the expert testimony of a sociologist in a case alleging intentional and malicious harassment based on the plaintiff’s race. In the underlying lawsuit, the plaintiff Keren Prescott alleged Yuliya Gilshteyn, who is white, spat in her face at a…

‘Firms Fear the PR Hit, Not the Sanction’: Big Law on Edge After Simpson Thacher Anti-Money Laundering Prosecution | Law.com Page Printed From: https://www.law.com/2024/08/22/firms-fear-the-pr-hit-not-the-sanction-big-law-on-edge-after-simpson-thacher-aml-prosecution-292-189666/ Solicitors Regulation Authority (Image: SRA) & Simpson Thacher & Bartlett offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM. ANALYSIS The London office of another prestigious New…

In July, legal tech expert and futurist Richard Susskind was appointed as the Special Envoy for Justice and Artificial Intelligence to the Commonwealth. Additionally, Susskind has been busy co-editing a new book, ”Computers & Law: The First 50 Years”, alongside Mark O’Conor to celebrate 50th anniversary of the Society for Computers and Law (SCL), which…