Gibson Dunn

Our digital assets update covers recent legal news about all types of digital assets, including cryptocurrencies, stablecoins, CBDCs, and NFTs, as well as other blockchain and Web3 technologies.

The latest edition of Whistleblower Law: A Practitioner’s Guide, co-authored by Washington, D.C. partner Jason Schwartz, is now available in digital and print formats from ALM’s Law Journal Press.   This release includes a chapter on the “DOJ Corporate Whistleblower Awards Pilot Program,” launched by the U.S. Department of Justice in August 2024 to fill gaps left by other incentive programs. It also includes updates on various state whistleblower regulations, including new or extended employee protections, and other recent developments in whistleblower law.   Jason is Co-Chair of our Labor & Employment Practice Group. His co-author, Lisa Banks, is a leading plaintiff’s lawyer.   Further information: https://lnkd.in/gn9ZbVtH

The U.S. Corporate Transparency Act (CTA) remains unenforceable for now while the Fifth Circuit considers the government’s expedited appeal of the district court order that preliminarily enjoined enforcement of the Act.

Our lawyers review the European Data Protection Board’s eagerly awaited opinion on AI models.

Gibson Dunn advised MGX, a leading AI and advanced technology investor, on its participation in the $10 billion Series J financing round of the San Francisco-headquartered data and AI company Databricks.   Our corporate team was led by partners Marwan Elaraby (Dubai) and Christopher Trester (Palo Alto) and included associates Sam Shapiro (Orange County) and Minae S. Seog (Palo Alto). Partner Daniel Zygielbaum (Washington, D.C.) and associate Nathan Sauers (Houston) advised on tax. Washington, D.C. partner Stephenie Gosnell Handler and of counsel Michelle Weinbaum advised on regulatory aspects.   Read more: https://lnkd.in/eqC_mi6K

Our lawyers review the U.S. Court of Appeals for the Fifth Circuit granting a stay pending appeal of a recent district court order that preliminarily enjoined enforcement of the Corporate Transparency Act (CTA).

Our annual update of considerations for calendar-year filers preparing their 2024 Form 10-K and 2025 proxy statements. https://lnkd.in/gP3bfSnG

A Gibson Dunn pro bono team and Solomon Simmons Law have filed a reply brief in the appeal of a dismissed civil rights lawsuit. The case arises from the death of Terence Crutcher, who was unarmed and had his hands raised when he was shot and killed by a Tulsa police officer in 2016.   On September 16, 2016, Officer Betty Shelby approached Mr. Crutcher and escalated the encounter to deadly force within minutes. Mr. Crutcher’s killing is captured on video, showing his hands raised at the time he was shot. The Tulsa County District Attorney charged Officer Shelby with first-degree manslaughter, but she was acquitted in May 2017. Mr. Crutcher’s Estate then filed a civil rights lawsuit against Officer Shelby and the City of Tulsa, but the lower court granted the officer qualified immunity and dismissed the Estate’s claims against the City. Gibson Dunn has now appealed these rulings to the United States Court of Appeals for the Tenth Circuit.    The reply brief highlights the video evidence of Mr. Crutcher’s killing, arguing that disputes about what the video shows should be resolved by a jury, and that the case should proceed to trial. It also alleges widespread, unconstitutional practices at the Tulsa Police Department. Oral argument is expected to be held early in 2025. Our team is led by New York partners Karin Portlock and Lee Crain and includes associates Claire Madill (Washington, D.C.), Aiyanna Isom (New York), Julia Ross (New York), and Mary Otoo (New York), in collaboration with Damario Solomon-Simmons of SolomonSimmonsLaw (Tulsa, Oklahoma).

Join our panelists as they provide an insider view of what to expect at the U.S. Securities and Exchange Commission (SEC) under the new administration. They discuss their expectations for the regulatory agenda in 2025 and beyond, and the impact on public companies, funds, and financial market participants.   Our panelists include Washington, D.C. partner and former Counsel to SEC Chairman Arthur Levitt, and the Director of the Division of Corporation Finance from 1996 to 1999, Brian Lane; Washington, D.C. partner and former Chief Counsel and Associate Director of the Division of Corporation Finance from 2007 to 2013, and Counsel to SEC Chairman Christopher Cox from 2006 to 2007, Tom Kim; New York partner Tina Samanta, who has represented clients in SEC and the Financial Industry Regulatory Authority investigations; and Washington, D.C. counsel Lauren Jackson, who has in-depth knowledge in broker-dealer regulation and represents registrants in investigations and enforcement proceedings. https://lnkd.in/etgbMMK2

New York partner Scott Greenberg is featured as one of “The Star Dealmakers Remaking the Rules of Corporate Debt,” the title of a Bloomberg article about “an elite group” of lawyers and advisers “who are reshaping a major corner of finance by changing up the playbook for companies struggling with crushing debt.” In this “new landscape for credit,” according to Bloomberg, “these are the contract cowboys remaking the rules for debt — and changing what it means to lend money to American companies.”   Scott is Global Chair of our Business Restructuring and Reorganization Practice Group and a member of the firm’s Executive Committee. In the past year, he has advised creditors to companies including Del Monte Foods Inc., AMC Entertainment Holdings Inc., and package carrier LaserShip Inc. among many others.    Read the full article (subscription required): https://lnkd.in/gDESw5GK