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fromLawSites
3 days ago

Alexi Fires Back at Fastcase Lawsuit with Counterclaims Alleging Anticompetitive Conduct Following Clio's $1B Acquisition

Alexi Technologies has filed its answer and counterclaim against Fastcase, vLex, and Clio, accusing the newly merged legal technology giant of manufacturing breach-of-contract allegations as a pretext to eliminate a competitor in the AI legal research market. In December, , sued Fastcase, now owned by ClioAlexi in the U.S. District Court for the District of Columbia, alleging breach of contract, trademark infringement and trade secret misappropriation, all relating to Alexi's use of data licensed from Fastcase.
Law
Intellectual property law
fromLawSites
1 month ago

Film Studios, News Media and Even Competitor LexisNexis Among the Nine Amicus Briefs Supporting Thomson Reuters' Copyright Case Against ROSS

The Third Circuit will decide whether Westlaw editor-created headnotes are copyrightable and whether ROSS's copying of them constituted non‑fair use.
Fundraising
fromLawSites
2 months ago

Clio Completes Historic $1 Billion vLex Acquisition, Announces $500 Million Series G at $5 Billion Valuation, Plus Exclusive Interview with CEO and CFO

Clio completed a $1 billion acquisition of vLex, closed $500 million Series G and $350 million debt, valuing the company at $5 billion to build a unified legal platform.
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