The federal courts in Minnesota are preparing today’s students to be the leaders of tomorrow through a new courthouse learning center in St. Paul. The Justice and Democracy Center of Minnesota is one of a growing number of civics education centers, museums, and exhibits in federal court buildings across the country.
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The justices heard arguments Wednesday in Facebook v. Amalgamated Bank, their first securities case of the year. The case involves the 2015 Cambridge Analytica-Facebook data breach, and considers whether Facebook’s disclosures to investors before the breach was public improperly downplayed the risks that data breaches posed to the company and its stock price.
Shareholders sued Facebook in 2018 after they learned that Cambridge Analytica had obtained the personal data of 30 million Facebook users. The shareholders conted that … Read the rest
Judges are engaging with students to teach them valuable legal and life skills through the Judiciary’s Candid Conversations program.
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As someone who worked in the KM trenches for years, I have repeatedly watched legal tech companies promise to tame the wild west of documents residing in law firm Document Management Systems (DMS). Over the years I implemented or worked with a variety of KM solutions from Lexis, West and smaller software companies. Recently the dominant DMS providers iManage and Netdocs have launched AI enabled drafting solutions
This past July Lexis completed the acquisition of Henchman, a Belgium based legal … Read the rest
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Smith v. Spizziri is this week’s item on the court’s bountiful menu of cases under the Federal Arbitration Act. The question here is what options are available to a trial court that decides to send a case to arbitration. Must it stay the matter or, instead, does it have the option to dismiss it entirely? Discussion at the argument suggested that the justices were skeptical about the practical consequences of dismissal, so Justice Sonia Sotomayor’s opinion for a unanimous … Read the rest
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Monday’s argument in Smith v. Spizziri was this month’s case under the Federal Arbitration Act. This one explores what a trial court can do when it refers a pending suit to arbitration. Section 3 of the FAA says that if the court refers the case to arbitration, it “shall on application of one of the parties stay the trial of the action until such arbitration has been had.” The question is whether the trial court, instead of staying the … Read the rest
On March 12, at the Institute of International Bankers Annual Washington Conference, Acting Comptroller of the Currency Michael J. Hsu discussed the importance of operational resilience in the banking sector and hinted that potential regulations aimed to promote the same may be forthcoming.
Comptroller Hsu defined operational resilience as a bank’s ability “to prepare for, adapt to, and withstand or recover from disruptions.” These disruptions can stem from external events like natural disasters, bad actors, pandemics, or global conflicts, or … Read the rest
The Judicial Branch updated its FY 2024 funding request to Congress by nearly $ 184 million as part of the regular budget process. But it continued to voice concerns about proposed appropriation levels that are too low to preserve federal courts’ ability “to administer justice effectively and efficiently.”
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