WILMERHALE LAW FIRM
A movie on Sam Altman’s firing from OpenAI is coming. Guess which Oscar-nominated actor might play his role
Luca Guadagnino is reportedly directing *Artificial*, a film dramatizing the 2023 OpenAI leadership crisis. The film will explore Sam Altman's sudden dismissal as CEO and his swift reinstatement amidst employee revolt and investor pressure. Production aims to start this summer, potentially starring Andrew Garfield as Altman, examining the intense power struggles within Silicon Valley.
Top U.S. companies ditch law firms that aligned with Trump amid backlash and reputation risk concerns
Some top U.S. companies are cutting ties with law firms that worked with the Trump administration. They now prefer firms that stood up to Trump's pressure, fearing risks to their own reputation and values.
Trump's campaign against law firms dealt another setback as judge blocks executive order
A federal judge struck down President Trump's executive order targeting WilmerHale, marking the third such ruling against his attempts to sanction law firms. Judge Leon deemed the order unconstitutional, emphasizing the importance of an independent bar. The ruling affirms lawyers' rights to represent clients without government reprisal, rejecting Trump's efforts to punish firms for opposing his interests.
Judge blocks Trump executive order targeting elite law firm, a blow to his retribution campaign
A federal judge has permanently blocked a White House executive order targeting Perkins Coie, deeming it unconstitutional retaliation. Judge Beryl Howell's ruling halts enforcement and requires the Trump administration to nullify the order, which was seen as punishment for the firm's representation of Democratic causes and perceived opposition to the president.
Microsoft drops law firm that made a deal with Donald Trump from a case
On April 22, several attorneys at law firm Simpson Thacher & Bartlett informed the Delaware Court of Chancery that they would no longer be representing Microsoft in a case related to the company's 2023 acquisition of video game giant Activision Blizzard, according to court filings.
Law firms fighting Trump to ask judges to permanently block executive orders
Two law firms, Perkins Coie and WilmerHale, are seeking permanent injunctions against President Trump's executive orders, arguing they are unconstitutional and retaliatory. These orders, which aim to punish firms based on past representations or associations, have already been temporarily halted.
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Law firm targeted by Donald Trump sues as five other top firms make deals
President Trump faces a new lawsuit from Susman Godfrey over executive orders sanctioning law firms, alleging constitutional rights violations. This action follows deals made by five other firms, committing to $600 million in pro bono work to avoid similar crackdowns. These agreements involve shunning diversity practices and working on president-approved projects, sparking divided responses and legal challenges.
Trump targets lawyers in immigration cases, lawsuits against administration
President Donald Trump has directed the Justice Department to seek sanctions against lawyers and law firms bringing what he deems as unethical lawsuits against the government, particularly in immigration cases. Legal advocacy groups and major law firms criticize the memorandum as an intimidation tactic against those challenging Trump's policies.
US crypto executives to throw Washington fundraiser for Kamala Harris
The grassroots event is scheduled to take place between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, and aims to bring together a diverse group of donors, the organizers told Reuters. Tickets to the fundraiser range from $500 to $5,000, said Cleve Mesidor, executive director of the Blockchain Foundation and one of the organisers.
Sam Altman returns to OpenAI board months after crisis
CEO Sam Altman will return to the board of OpenAI, the company said on Friday, just months after a boardroom dustup that saw him fired and rehired by the company behind ChatGPT. Altman was also found to have been wrongly fired in an internal investigation that was launched in the days after his chaotic dismissal last year, the company said. Quora CEO Adam D'Angelo is the sole holdover from the old board that had taken the decision to fire Altman.
OpenAI completes deal that values company at $80 billion
The company would sell existing shares in a so-called tender offer led by venture firm Thrive Capital, the people said. The deal lets employees cash out their shares in the company, rather than a traditional funding round that would raise money for business operations.
Grayscale victory big boost for decade-long spot bitcoin ETF push
A three-judge panel of the District of Columbia Court of Appeals in Washington on Tuesday ruled that the Securities and Exchange Commission was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning.
Grayscale victory big boost for decade-long spot bitcoin ETF push
A three-judge panel of the District of Columbia Court of Appeals in Washington on Tuesday ruled that the Securities and Exchange Commission was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning, in a case that has been closely watched by the industry.
A global law firm separates from its Chinese partner, citing cybersecurity and data rules
The decision by Dentons follows warnings by business groups that global companies are postponing or shifting investment away from China due to concern about an expanded anti-espionage law, tighter controls on business, a data security crackdown and raids on foreign consulting firms.
Civil rights audit at Google proposes better tackling of hate speech, misinformation
The review also said that to better tackle misinformation related to elections, the company should ensure that employees with language fluency are more involved in enforcement actions instead of relying on translation.
Sam Bankman-Fried, Ellison tap attorneys as FTX probes ramp up
Regulators around the globe, including in the Bahamas where FTX is based and in the United States, are investigating the role of FTX's top executives including Bankman-Fried in the firm's stunning collapse.
IMF board reaffirms confidence in Kristalina Georgieva who is accused of altering data to favour China
A 24-member IMF board reached the decision on Monday after marathon meetings over the past week, where members debated the future of Georgieva, a Bulgarian economist and the first person from a developing country to head the fund.
Still no decision on whether IMF chief keeps her job
An investigation by a law firm has concluded that the Bulgarian managing director manipulated data in favor of China while in a senior role at the World Bank. The IMF board met again with representatives of the firm, WilmerHale, and with Georgieva over the weekend.
Georgieva's future at helm of IMF still unclear after marathon board meeting
The IMF said the board had made "significant progress" in its review of the World Bank data-rigging scandal, but agreed to request "more clarifying details with a view to very soon concluding its consideration of the matter."
IMF board says needs more time to weigh data-rigging details
MF Managing Director Kristalina Georgieva said she had answered "all questions that have been put to me" and hoped that the investigation could be concluded as soon as possible.
Debate Looms Over IMF: Should It Do More Than Put Out Fires?
Once narrowly viewed as a financial watchdog and a first responder to countries in financial crises, the IMF has more recently helped manage two of the biggest risks to the worldwide economy: extreme inequality and climate change.
IMF gets briefing on probe into China rankings at World Bank
The controversy is coming ahead of the annual meetings of the IMF and World Bank, which will take place next week in Washington.
View: The need to cast doubt on global ranking systems like 'Ease of Doing Business'
The investigation into the data irregularities of Doing Business (DB) 2018 and 2020 reports by law firm WilmerHale points to a lack of 'consistent and enforceable policies guiding the production' of EoDB ranking.
China manipulated Ease of Doing Business rankings, no irregularities found in Indian data
Last week, the World Bank decided to discontinue publication of its EODB report following allegations of data irregularities due to pressure by some top bank officials to boost China's ranking in 2017.
Explainer: Why World Bank is under fire over set of rankings
In an investigation conducted for the bank, the law firm WilmerHale concluded that staff members fudged the data to make China look better under pressure from Kristalina Georgieva, then the CEO of the World Bank and now head of the International Monetary Fund, and the office of Jim Yong Kim, then the World Bank's president.
IMF Chief called out for 'putting pressure' to lift China's rankings in Doing Business Report
The substance of the charge -- putting “undue pressure” on World Bank staff to adjust the rating in the “Doing Business” report when she served as chief executive officer -- was the latest in a series of scandals that have plagued the troubled report in recent years.
World Bank kills ease of doing business report after probe cites undue pressure on rankings
The World Bank said in a statement said that the decision came after internal audit reports had raised "ethical matters, including the conduct of former Board officials as well as current and/or former Bank staff" and a board investigation conducted by the law firm Wilmer Hale
Concerns over Donald Trump's son-in-law's Chinese deals: Report
Jared Kushner has hired a leading Washington law firm to advise him on how to comply with federal ethics laws in the event he joins the White House staff as an adviser to the President.
From Russia with concern: Cisco's audits raised red flags about resellers
Cisco Systems found that much of business between resellers of its products telecommunications company, Svyazinvest, could not be verified.
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