Legal

Judicial Advocacy Group Launches 7-Figure Campaign Urging Common Sense in Tesla Legal Fees Dispute

Retrieved on: 
Tuesday, April 9, 2024

The attorneys who convinced the court to revoke Musk's extravagant pay package deal are now petitioning for $6 billion in Tesla stock for fees and expense reimbursement.

Key Points: 
  • The attorneys who convinced the court to revoke Musk's extravagant pay package deal are now petitioning for $6 billion in Tesla stock for fees and expense reimbursement.
  • The ad points out the demand is comparable to the total economy of a small country, such as Barbados or Bermuda.
  • She stopped a legally binding contract in order to grant them billions in legal fees.
  • The seven-figure advertising campaign, paid for by Citizens for Judicial Fairness, is catching attention, as it is available on cable, broadcast, streaming, and social media.

Sheppard Mullin Continues Private Equity Team Expansion With Partner Michael Wilson

Retrieved on: 
Tuesday, April 9, 2024

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Michael Wilson has joined the firm as a partner in the Corporate practice group.

Key Points: 
  • Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Michael Wilson has joined the firm as a partner in the Corporate practice group.
  • Based in the Chicago office, Wilson is a highly regarded corporate transactional lawyer representing a variety of private equity and venture capital funds, particularly in the healthcare, technology and renewable energy industries.
  • Wilson handles mergers and acquisitions, debt finance transactions, venture capital transactions and general corporate matters for private equity funds and venture capital funds, startups and entrepreneurs, banks and non-bank lenders, and other public and private businesses.
  • He has significant private equity experience, including with small business investment companies (SBICs), representing funds and limited partners in portfolio investments, limited partner investments, fund formation and SBIC licensing.

Manatt Welcomes Leading Developmental Disability Leader to National Health Care Industry Group

Retrieved on: 
Tuesday, April 9, 2024

Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, today announced the arrival of Senior Advisor Anna Lansky to the Firm’s Health Care industry group.

Key Points: 
  • Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, today announced the arrival of Senior Advisor Anna Lansky to the Firm’s Health Care industry group.
  • Most recently serving as the Interim Director of the Oregon Department of Human Services’ (DHS) Office of Developmental Disabilities Services (ODDS), Lansky will work with the Firm’s health care and state clients to align, strengthen and support care coordination efforts for their respective communities.
  • “Anna is a highly respected leader and trailblazer within the health care policy, government and regulatory arenas, making her an ideal fit for our growing integrated legal and consulting platform, especially as we continue to focus on improving the health care quality, delivery and access, and advancing health equity,” said Manatt CEO and Managing Partner Donna L. Wilson .
  • “With over 20 years of experience, including senior roles in analyzing, building and running state intellectual and developmental disability (I/DD) agencies, Anna brings a robust understanding of the core issues our clients face,” said Manatt Health Leader Bill Bernstein .

Sirion Celebrates a Year of Significant Growth With a New Brand Identity, Reinforcing Its Commitment to Revolutionizing Contract Management with AI

Retrieved on: 
Tuesday, April 9, 2024

The new brand identity revolves around the theme of light, symbolizing the data-driven insights that Sirion's native contract AI brings to organizations.

Key Points: 
  • The new brand identity revolves around the theme of light, symbolizing the data-driven insights that Sirion's native contract AI brings to organizations.
  • “Managing contracting risk requires legal, sales and procurement to work together to rapidly find and fix the many issues that counterparties exploit.
  • The company is now enhancing this foundation with Generative AI products designed to boost team productivity by acting as an AI legal assistant.
  • This assistant proactively identifies issues in draft contracts, proposes edits, and prepares redlines, fundamentally transforming end-to-end contract lifecycle management.

Former Upstart Founding Executive, Jeff Keltner, Joins LawFi as Strategic Advisor

Retrieved on: 
Tuesday, April 9, 2024

LawFi, Inc., (“ LawFi ”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” is pleased to announce the addition of Mr. Jeff Keltner to our growing team.

Key Points: 
  • LawFi, Inc., (“ LawFi ”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” is pleased to announce the addition of Mr. Jeff Keltner to our growing team.
  • Mr. Keltner has signed on as an Advisor to help guide our highly experienced teams.
  • Jeff was a founding team member at Upstart where he led business development, strategic partnerships, and new initiatives from its founding through an eventual IPO and beyond.
  • He was a key executive at Upstart, helping to take Upstart from its launch to the prominent multi-billion public company it is today.

Seward & Kissel Formalizes Private Credit Practice

Retrieved on: 
Tuesday, April 9, 2024

Seward & Kissel LLP announced today that it has formalized its Private Credit group to handle its growing work within the rapidly expanding private credit asset class, now valued at $1.6 trillion.

Key Points: 
  • Seward & Kissel LLP announced today that it has formalized its Private Credit group to handle its growing work within the rapidly expanding private credit asset class, now valued at $1.6 trillion.
  • The firm’s unrivaled experience in forming private credit funds provides unique value for private credit lenders across the entire life cycle of direct-lending funds.
  • “We regularly execute private credit transactions across various industries from food delivery services to medical staffing,” said Seward & Kissel Corporate Finance partner Sophia Agathis .
  • “This group formalizes our commitment to the private credit space and concentrates our knowledge in one interdisciplinary group for the benefit of asset managers, borrowers, and others involved in private credit transactions.”
    The new practice will reside within Seward & Kissel’s Corporate Finance practice and draw on the firm’s experience in areas including Investment Management, Credit Funds, Business Transactions, Capital Markets and Corporate Securities, Private Equity, Real Estate, Corporate Restructuring and Bankruptcy, and Tax.

OneSpan to Announce First Quarter Financial Results on May 2, 2024

Retrieved on: 
Tuesday, April 9, 2024

OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its first quarter 2024 financial results after the market close on Thursday, May 2, 2024.

Key Points: 
  • OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its first quarter 2024 financial results after the market close on Thursday, May 2, 2024.
  • OneSpan will host a conference call that day at 4:30 p.m.
  • A live webcast of the conference call will be accessible from the OneSpan investor relations website at investors.onespan.com .
  • OneSpan encourages participants to dial in at least 15 minutes before the start of the call.

KLDiscovery Investments Lead to a Record-Breaking Year in 2023

Retrieved on: 
Tuesday, April 9, 2024

With continued investments in its operations, KLDiscovery delivered impressive statistics in 2023, showcasing the Company’s reputation as the trusted partner of choice for supporting large and complex matters.

Key Points: 
  • With continued investments in its operations, KLDiscovery delivered impressive statistics in 2023, showcasing the Company’s reputation as the trusted partner of choice for supporting large and complex matters.
  • The Company also made sizable investments in innovative programs enabling organizations to partner with KLDiscovery in multiple ways.
  • "Our achievements in 2023 are a testament to our team's hard work, innovation, and dedication to excellence," said Chris Weiler, CEO of KLDiscovery.
  • To learn more about KLDiscovery’s investments and achievements in 2023, please visit the Company’s blog .

Federman & Sherwood Investigates Trustpoint Rehabilitation Hospital of Lubbock for Data Breach

Retrieved on: 
Tuesday, April 9, 2024

The law firm of Federman & Sherwood has initiated an investigation into Trustpoint Rehabilitation Hospital of Lubbock with respect to their recent data breach.

Key Points: 
  • The law firm of Federman & Sherwood has initiated an investigation into Trustpoint Rehabilitation Hospital of Lubbock with respect to their recent data breach.
  • Recently, Trustpoint Rehabilitation Hospital of Lubbock discovered that it had experienced a data breach in which personal identifiable information and protected health information may have been accessed and acquired.
  • Through its investigation, Trustpoint Rehabilitation Hospital of Lubbock determined that an unauthorized party may have accessed this sensitive information between January 16, 2024, and February 4, 2024.
  • On March 29, 2024, Trustpoint Rehabilitation Hospital of Lubbock began notifying individuals whose information may have been impacted.

Provana and BEN Sign Partnership to Revolutionize Business Process Management with AI Integration

Retrieved on: 
Tuesday, April 9, 2024

Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, and Provana , a highly specialized knowledge process management provider, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.

Key Points: 
  • Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, and Provana , a highly specialized knowledge process management provider, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.
  • This strategic partnership aims to optimize compliance and business process management (BPM) across a variety of industries, including health insurance, personal injury, and credit servicing.
  • Provana, a pioneer and industry leader in the credit and collections, legal servicing, healthcare, and revenue cycle management sectors, along with BEN have begun crafting multiple use cases to deploy using the BEN conversational AI platform.
  • “By collaborating with Provana, we believe we are poised to develop game-changing solutions that redefine compliance and business process management operations,” said BEN Chief Executive Officer, Michael Zacharski.