In July 2019, the UK Supreme Court (UKSC) handed down a judgment in a case that concerned the extent and operation of the principle of open justice (Cape v Dring). The question before the UKSC was how much of the written material placed before the court in a civil action should be accessible
Regulation Round Up
Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.
Key developments in February 2024:
29 February
FCA Regulation Round‑up: The UK Financial Conduct Authority (“FCA”) published its regulation round‑up for February 2024.
LIBOR: The FCA published a report containing the outcome of its review
Navigating Inventorship for AI-Assisted Inventions – The USPTO Issues Guidance
Following President Biden’s October 2023 Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, the USPTO issued Inventorship Guidance for AI-assisted Inventions. This GT Alert reviews the Guidance, which outlines the statutory framework and judicial interpretation of inventorship.
AI Lawsuits Roundup
A very brief summary of where pending AI lawsuits stand as of February 28, 2024. Compiled by Minnesota attorney Thomas James.
Thomson Reuters v. Ross, (D. Del. 2020)
Filed May 6, 2020. Thomson Reuters, owner of Westlaw, claims that Ross Intelligence infringed copyrights in Westlaw headnotes by training AI on copies of them. The judge
Africa Technology Regulatory Update: Adoption of the AfCFTA Protocol on Digital Trade
What has happened?
The African Continental Free Trade Area (“AfCFTA”) has emerged as a pivotal opportunity that will set the framework for future trade across Africa. Amid the prospects, one of the challenges has been the fragmented and diverse regulatory environment, coupled with regulators adopting policies that are not conducive for multinationals to make investments
Mitigation of Increased Risks to Retailers Through Insurance
Hunton Andrews Kurth’s 300-lawyer cross-disciplinary Retail Industry Team has released its annual 2023 Retail Industry Year in Review. The Review discusses retail industry issues that implicate multiple legal practice areas and highlights new and emerging risks retailers may encounter in the year ahead.
Significant issues from 2023, with insurance implications that will continue to evolve
New USPTO AI-Assisted Invention Guidance Will Affect Retailers and Consumer Goods Companies
In our client alert, A Brief Explanation of the USPTO’s Useful New AI-Assisted Invention Guidance, we discuss the Inventorship Guidance for AI-assisted Inventions, 89 Fed. Reg. 10043 (Feb. 13, 2024), recently released by the US Patent and Trademark Office (USPTO). The guidance provides inventors and patent applicants with a framework regarding AI-assisted inventions and how
The One With Buzz
If you can grab the trading symbol “BUZZ” you should be able to make some money with it. Right? A company that owns beehives? or sells honey? or sells honey products? Or social buzz? VanEck Associates wanted to ride the social media wave and created an ETF that would
“Track the performance of the 75
Artificial Intelligence Assisted Inventions: USPTO Issues Inventorship Guidance
The United States Patent and Trademark Office (USPTO) last week issued inventorship guidance for artificial intelligence (AI)-assisted inventions.
This is a significant step forward in acknowledging the role
Guest Post: Lessons from the Rescission of Elon Musk’s $55.8B Option Grant
On January 30, 2024, Delaware Chancellor Kathaleen McCormick issued a 200-page post-trial opinion voiding the $55 billion compensation package that the Tesla board had approved for the company’s CEO, Elon Musk. In the following guest post, Priya Huskins, Esq., Senior Vice President at Woodruff Sawyer, takes a detailed look at Chancellor McCormick’s opinion