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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

Kira’s CEO, Noah Waisberg , a former corporate lawyer with Weil, Gotshal & Manges in New York, and its CTO, Dr. Alexander Hudek , a computer scientist, founded the company in 2011, originally under the name DiligenceEngine (which I reviewed in 2014 ). In interviews yesterday, I spoke with both Marwaha and Waisberg about the deal.

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Fueled By $20M Raise, Kira Spin-Off Zuva Reveals Its First Product

LawSites

MNTSQ, a company that developed AI technology for performing due diligence on Japanese-language contracts, will use DocAI to add analysis of English-language documents. .” Zuva has already signed two customers, MNTSQ and Vigilant AI , and others are likely to be announced soon, Waisberg said.

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Regulatory Risks for Not Disclosing Trading Algorithms – Five Takeaways from the SEC’s $170 Million Settlement with BlueCrest Capital

Debevoise Data Blog

Background On December 8, 2020, the SEC entered into an offer of settlement with BlueCrest for $170 million related to conduct occurring between 2011 and 2015. In 2011, BlueCrest created a proprietary fund, BSMA Limited (“BSMA”), to trade capital invested by BlueCrest Executive Committee members.

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Software Substitutes for Lawyers

The Law Product Makers blog

Marc Andreessen quipped in 2011: “Software is eating the world”. Here is a list of some of these disrupters: Diligen – Automated Legal Due Diligence LawGeex – A.I. The idea of software substitutes for lawyers’ work is a radical idea for some lawyers. The legal profession is not immune from this development.

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Navigating Legal Factors for U.S. Companies Entering the E-commerce Market in Africa

Richmond Journal of Law and Technology

companies must conduct thorough due diligence to ensure compliance with anti-corruption laws when entering the e-commerce market in the region. 2008-08 on the Electronic Transactions , [link] Evidence Act (2011) § 93, [link] [8] Lloyds Bank, E-Commerce in Algeria (last updated Apr. 17] As a result, U.S.