News 

Inside a restructuring of Walmart’s legal department that’s dragging on longer than execs promised. Some employees are exiting and one used a meme of Al Pacino to say goodbye.

“Recently, legal team leaders have attempted to assuage employee concerns within the Walmart discovery team, according to company emails reviewed by Business Insider” writes Casey Sullivan for businessinsider.com. For now, many within Walmart’s legal department await further clarification on what their teams might look like in 2020 and how they fit into the organization, if at all.Walmart is restructuring its law department, and a raft of changes have unsettled insiders responsible for handling its massive caseload. “The company’s legal department, like other departments within the company, is always looking to…

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Jury orders Wells Fargo to pay USAA $200 million in damages

“Winning damages from Wells Fargo could help USAA make its case in future litigations surrounding its mobile check deposit patents” writes Gregory Magana for businessinsider.com. A US District Court jury in Texas has found that Wells Fargo willfully infringed on two USAA patents for the “auto capture” process that simplifies check deposits made via mobile devices.However, USAA’s victory in its lawsuit against Wells Fargo could act as a precedent upon which USAA could build future legal cases, potentially granting USAA leverage as it works to negotiate licensing agreements with banks and…

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Zcash Creator Donates Company Trademark to the Zcash Foundation

“Upon an agreement signed on Nov. 6, the Zcash Foundation will be financially responsible for costs associated with assigning and protecting the trademark” writes Helen Partz for cointelegraph.com. The Zcash Foundation noted that the agreement maintains interoperability with standard legal and business frameworks. The agreement by ECC and the Zcash Foundation demonstrate their commitment to prevent such cases.The firm said Zcash’s trademark protects the community from scams and brings legal power to Zcash’s blockchain governance. Source: cointelegraph.com

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Crypto News 

Russia: New Law Would Let Police Confiscate Bitcoin From 2021

“Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC)” writes William Suberg for cointelegraph.com. According to various parties speaking to RBC, crypto would need legal recognition before the government could justify legal grounds to confiscate it as part of judicial proceedings.As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to draw up the plans, which could enter into law in 2021.Russia has yet to implement…

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Drunken driver 3 times legal limit leaves trail of injury, accidents in small Michigan town

“The caller said a female pulled on the door and then fell over before getting up and driving away in a silver Subaru” writes Mattdurr Mlive Com for mlive.com. A roadside breath test revealed the woman had a blood-alcohol level of three times the legal limit.Shortly after that, the fire chief said he was driving along Rose Street when he had to veer off the road to avoid a silver Subaru with front end damage. Source: mlive.com

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Micree Zhan Claims He Was Removed From Bitmain Without Consent

“Wu had warned Bitmain staff from interacting with Zhan, saying, “Any Bitmain staff shall no longer take any direction from Zhan, or participate in any meeting organized by Zhan” writes Aaron Wood for cointelegraph.com. Micree Ketuan Zhan, the co-founder of major Chinese Bitcoin (BTC) mining hardware producer Bitmain, claimed that he was removed as a legal representative of the company without his consent.Bitmain co-founder Jihan Wu announced in an email last week that Zhan had left the company, stating: In Zhan’s message today, the co-founder expressed his disappointment and feeling…

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