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Kramer Levin is a full-service law firm with extensive capabilities and substantial experience. From our offices in New York, Silicon Valley and Paris…
Kramer Levin Naftalis & Frankel LLP | USA | 22 Sep 2023
Letters of Credit in Reinsurance — In the Wake of Fraud Allegations, Focusing on the Fundamentals
Widely reported allegations of fraud at an offshore company this past summer have drawn attention to the use of letters of credit (LOCs) to secure…
Kramer Levin Naftalis & Frankel LLP | USA | 21 Sep 2023
The Senate Committee Hearings and Bipartisan AI Framework
As various foreign jurisdictions pursue legislation to address…
Kramer Levin Naftalis & Frankel LLP | USA | 21 Sep 2023
Gov. Hochul Signs Four Bills Amending the New York Labor Law
Gov. Kathy Hochul signed four bills amending the New York Labor Law this month regarding (1) employers demanding social media account information…
Kramer Levin Naftalis & Frankel LLP | USA | 21 Sep 2023
SEC Adopts ‘Names Rule’ Changes
On Sept. 20, the Securities and Exchange Commission (SEC) adopted amendments to Rule 35d-1, more commonly known as the “Names Rule,” under the…
Kramer Levin Naftalis & Frankel LLP | USA | 19 Sep 2023
10x Genomics and Stanford’s Genomic Patents Determined Patent Eligible
On Sept. 14, 2023, the U.S. District Court for the District of Delaware denied defendant Parse Biosciences Inc.’s (Parse) motion to dismiss a…
Kramer Levin Naftalis & Frankel LLP | USA | 18 Sep 2023
SEC Brings Enforcement Actions Against Nine Investment Advisers for Violating the Marketing Rule
On Sept. 11, the Securities and Exchange Commission (SEC) announced charges against nine investment advisers for violating Rule 206(4)-1…
Kramer Levin Naftalis & Frankel LLP | USA | 14 Sep 2023
New York Bankruptcy Court Raises the Cost of Keeping Funded Debt: Debtor Needs to Pay Default Interest Rate in Reinstatement of Accelerated Debt
One fundamental question in any restructuring relates to the treatment of funded debt obligations, like mortgages. When the cost of…
Kramer Levin Naftalis & Frankel LLP | USA | 12 Sep 2023
California Governor Sets Path Toward State Use and Regulation of AI
California Gov. Gavin Newsom signed an Executive Order (Order) on Sept. 6 aimed at preparing the state for the use and regulation of generative…
Kramer Levin Naftalis & Frankel LLP | USA | 7 Sep 2023
Copyright Office Seeking Comment on Human Authorship Requirements for AI-Generated Works
On the heels of one of the First District court decisions that denied a copyright for AI-generated work that entirely lacked human authorship and…
