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2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Blockchain law: Stop thinking great thoughts and just read the contract
New York Law Journal
A number of recent decisions in crypto bankruptcies and lawsuits illustrate the point that the plain text of the contracts between platforms and users often matters far more to defining their rights than any of the policy debates or philosophizing that sometimes can occupy the FinTech community and press.
Perhaps the most valuable lesson I may ever have learned in law school was when an exasperated professor cut off a longwinded student by saying "Stop thinking great thoughts and just read the contract." A number of recent decisions in crypto bankruptcies and lawsuits illustrate a similar point — that the plain text of the contracts between platforms and users often matters far more to defining their rights than any of the policy debates or philosophizing that sometimes can occupy the FinTech community and press.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain law column.
Download the full New York Law Journal article, "Stop thinking great thoughts and just read the contract"
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Key takeaways from the G7 Competition Summit on Artificial Intelligence
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
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