Startups

Bankruptcy Judge Clears Path for Canoo CEO to Acquire Struggling EV Startup’s Assets Amid Controversy and Legal Battles

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Wilmington, Del. — A Delaware bankruptcy judge has cleared the path for Canoo’s CEO, Anthony Aquila, to acquire the bulk of the electric vehicle startup’s assets. The company, which has declared bankruptcy and is among a number of industry startups struggling to maintain viability, will see its remaining assets purchased for approximately $4 million in cash. Judge Brendan Shannon, after reviewing several moderate objections to the sale, stated that the sales process was just and that Aquila was the sole bidder. This transaction will allow Aquila to continue operations and serve existing clients like NASA … Read more

Federal Appeals Court Denies Startup’s Bid to Reclaim $18.3 Million Jury Award from TransUnion

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In a significant legal showdown, a U.S. appeals court has recently upheld its earlier stance, electing not to revisit a decision that nixed an $18.3 million jury award. This award had originally been granted to a burgeoning tech startup in its claim against credit reporting giant TransUnion LLC. The case stemmed from allegations made by the startup which accused TransUnion of engaging in practices that they claimed unfairly inhibited their ability to compete in the marketplace. Central to the dispute was the handling and use of consumer credit data by TransUnion, a subject of increasing … Read more

Innovative Health Care Start-Ups Hit Roadblock with Decades-Old Legislation

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Across the United States, health care startups eager to introduce innovative services and technologies find themselves hindered by a decades-old regulatory process known as the Certificate of Need (CON). This law, established in the 1970s, requires certain health care providers to obtain government approval before opening or expanding facilities, ostensibly to prevent the duplication of services and to control health care costs. In theory, the CON process is meant to maintain hospitals’ financial stability and encourage the allocation of resources to areas most in need. However, critics argue that it stifles competition, protects established health … Read more

Unlock the Future of Legal Tech: Lander & Rogers Invites AI Startups to Join Prestigious 2025 Incubator Program

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Melbourne, Australia – In a significant boost to the integration of artificial intelligence in legal services, Lander & Rogers has announced its call for applications for the 2025 iteration of its respected LawTech Hub. This initiative, now approaching its eighth year, targets startups and scale-ups specializing in AI, offering them a unique incubator program to refine and pilot novel legal technologies. Since its inception in 2019, the LawTech Hub has established itself as Australia’s premier legal tech accelerator program and stands out by requiring no equity from its participants. Commencing in May 2025, this six-month … Read more