New case filings have increased, but fewer cases proceed to trial as more defendants win by judgment on the pleadings
Among its key findings, the report reveals that during the 18 months following the nomination of Jay Clayton as SEC Chairman in January 2017, securities case filings were at an all-time high (2,622 cases — a 60% increase over the prior 18 months) with Q1 2018 recording the most case filings to date (485 cases). During the same period, plaintiff losses on judgments...
If you want some cheap linens or towels, you can’t pay in Club Med beads, but you can pay in Bitcoin. Overstock.com just became the largest U.S. retailer to accept the futuristic currency, according to a post by Jacob Farber on Perkins Coie’s Virtual Currency Report. “Overstock.com struck a deal with Coinbase for the processing of Bitcoin payments last Tuesday and has been working around the clock since to prepare to go live,” he says.
But while there is a new Bitcoin story every day,...
Bit-what? It’s the world’s largest digital currency, and it’s confusing. To clarify how the “currency” could be monopolizing your business in the future, Lata Nott on Chadbourne & Parke’s TMT Perspectives Blog has written a primer on what, exactly, is a Bitcoin.
The futuristic currency was created in 2009 by a person or group with the pseudonym Satoshi Nakamoto with “the goal of creating a currency that could run independently from banks and governments,” explains Nott. Written...