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☆ Ripple says recent Supreme Court ruling weighs in its favor in SEC case
  + stars: | 2023-03-03 | by ( Industry Insight | Law Firm Leaders Express The Benefit Of Strategy | Culture | ) www.reuters.com   time to read: +1 min
Companies Ripple Labs Inc FollowMarch 3 (Reuters) - Ripple Labs Inc said in court papers Friday that a recent U.S. Supreme Court decision supports one of its key defenses in the U.S. Securities and Exchange Commission's case over the cryptocurrency XRP. The SEC has asked Torres to decide that Ripple had fair notice that XRP was a security under U.S. law. Ripple and the executives have said the question of whether or not the law was vague should go to trial. A ruling in the case could further define what digital assets are considered securities in the U.S. The case is SEC v. Ripple Labs Inc, U.S. District Court, Southern District of New York, No.
☆ Sorry crypto world, but SEC isn’t backing down on ‘regulation by enforcement’
  + stars: | 2023-02-08 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com   time to read: +7 min
Right now, Wahi argued, crypto users are simply left guessing about their exposure to SEC enforcement — and that's not sustainable. That strategy, Hodl Law asserted, didn't give token-holders fair notice about whether their coins are securities. Otherwise, Hodl Law said, Ethereum users have no idea if the SEC will swoop in with an enforcement action. The SEC also said that it's not obliged to warn crypto users about its interpretation of securities laws. It also, however, provides the first robust explanation of an argument I expect to see more often in SEC crypto cases: SEC enforcement, according to Wahi, is precluded by the Supreme Court’s recently articulated major questions doctrine.
☆ Kanye West's ex-lawyers finally found him after months of trying to tell him they quit
  + stars: | 2023-02-06 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +4 min
Lawyers who represented Ye — aka Kanye West — finally found him after months of trying. After months of searching, attorneys at Greenberg Traurig LLP, the firm that represented West for everything from contract disputes to employment lawsuits, tracked Ye down and told him they quit. He was found at a location "primarily used by persons and entities not affiliated with Ye or his businesses," according to lawyers for Greenberg Traurig. He stopped responding to texts from Greenberg Traurig, the lawyers wrote in a series of court filings, asking for repeated extensions for the deadline to track him down. While the service may mark the end for Greenberg Traurig, it's only the beginning for Ye, whose legal risks couldn't get much higher.
☆ Call us back, Ye! Kanye West changed his number and now lawyers say they can't get in touch with him.
  + stars: | 2023-01-17 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +4 min
Lawyers who repped Ye aka Kanye West still can't reach him, they said in court filings. The rapper, who goes by Ye, changed the phone number he used to communicate with his lawyers. In Friday's filing, the lawyers say that Ye changed his phone number. The lawyers at Greenberg Traurig aren't the only ones having trouble getting in touch with Ye. In the Friday filing, the lawyers at Greenberg Traurig said they have spoken to the lawyers for Thomas St. John about their shared predicament.
☆ Kanye West still doesn't have lawyers, and it could cost him millions of dollars in lawsuit losses
  + stars: | 2023-01-11 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +10 min
Ye, aka Kanye West, hasn't replaced lawyers who abandoned him following his antisemitic tirades. In another case in Los Angeles county court, lawyers have been trying to track down Ye since October to serve him with a lawsuit. That deadline is fast approaching, with radio silence from Ye, court filings show. In yet another case, lawyers for a plaintiff trying to sue Ye can't even find the rapper to serve him papers. If Ye doesn't come to court with an answer to the lawsuit, he risks losing it by default.
☆ Where's Ye? The lawyers who dropped Kanye West after his antisemitic tirades can't locate him to say they've quit.
  + stars: | 2022-12-29 | by ( ) www.businessinsider.com   time to read: +6 min
The lawyers can't find him to tell him they've quit, and West isn't responding to texts. Lawyers for Greenberg Traurig were able to serve West with documents telling him they no longer wanted to represent him. In that case, held in federal court in California, US District Judge George H. Wu allowed Greenberg Traurig to withdraw on December 2. In court documents first reported by The Sun and reviewed by Insider, lawyers for Thomas St. John said on December 19 that they couldn't serve West with the lawsuit. West's previous lawyers — presumably the ones at Greenberg Traurig — told the management firm they no longer represented West, and the firm couldn't locate any replacement firm.
☆ Kanye West owes millions all over town for unpaid contract work and music samples, lawsuits allege
  + stars: | 2022-11-30 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +9 min
He tried that earlier with his music and has been hit with copyright lawsuits related to sampling. And what followed was a thicket of lawsuits from people who alleged West failed to properly credit their songs when using samples for the album. Worse still, according to the lawsuit, West and his pals used "Life of the Party" to market the Stem Player. The company squandered months on the work, even relocating its headquarters to better closely work with West. In the end, the lawsuit alleged, West used a rip-off of MyChannel's e-commerce technology to sell his clothing at a concert.
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