Authors: Louis Lehot and Alan Pate
This article was originally published in Law360 on May 10, 2024, and is republished here.In recent months, there has been an onslaught of negative news surrounding startup investment. However, recent reporting from The Information points to two specific sectors where investment is actually on the rise.The first is generative artificial intelligence — a
Friends,In last month’s newsletter, we reflected on the venture capital debt market. Following the bank crisis spurred by the Silicon Valley Bank, Signature Bank, and First Republic Bank failures, spring has ushered in a season of renewed growth across the venture capital debt market. We reviewed PitchBook’s notes on the current market’s gradual recovery
Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. Here are this week’s updates.
Multistate
Secondary Buyouts on the Rise — Will it Last?Authors: Louis Lehot and Eric Chow
In a time when exit strategies have pivoted, and options might be more limited, it is no surprise that secondary buyouts have rebounded. According to recent coverage from PitchBook, secondary buyouts are making up a larger share of private equity exits as firms look to
Chancellor envisions the UK as the ‘next Silicon Valley’
This is part of a series of Covington blogs on implementation of Executive Order 14028, “Improving the Nation’s Cybersecurity,” issued by President Biden on May 12, 2021 (the “Cyber EO”). The first blog summarized the Cyber EO’s key provisions and timelines, and the subsequent blogs described the actions taken by various government agencies to implement
Working for Workers Four Act also includes wage protection rules for service workers
Crowell attorneys attended the National Association of Attorneys General (NAAG) Spring Symposium in Chicago, Illinois on April 24-26. As usual, the conference included multiple receptions and other networking events allowing the Crowell attorneys in attendance to engage with multiple attorneys general and a host of their respective staff members. The team attended a session titled
On March 28, 2024, the Office of Management and Budget (“OMB”) issued Memorandum M-24-10, Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (the “Memo”). This is the final version of a draft memorandum OMB released for public comment on November 1, 2023. The Memo primarily focuses on agency use of AI
By Jim Calloway
Lawyers have held and safeguarded client data for generations. Of course, in the past, it wasn’t called data. Our data was in paper client files, forms to “go by” and brief banks.
While it wasn’t planned this way in advance, my most recent Law Practice Tips columns blend as a series. In