Foley Advises IOG Resources in Acquisition of Non-Operated Working Interests in Utica Shale

Foley & Lardner LLP represented IOG Resources II, LLC (IOGR II) in its acquisition of non-operated working interests in the Utica Shale of the Appalachian Basin from an undisclosed seller. The assets include approximately 175 developed wellbores and around 4,500 net acres of leasehold located in Eastern Ohio. The current net production is approximately 26 […]
Foley Represents Matterport in Acquisition by CoStar Group

Foley & Lardner LLP represented Matterport, the global leader in 3D digital twin technology, in its sale to CoStar Group, a leading provider of online real estate marketplaces, information, and analytics in the property markets. This acquisition brings together two industry pioneers to accelerate the adoption of AI-driven digital twin technology across the global real […]
Introducing the EU AI Act

Understanding the need for regulation to ensure the safe use of AI, the European Union (EU) has introduced the world’s most comprehensive legal guideline, EU AI Act, designed to impose strict requirements on AI systems operating within its jurisdiction. Its objectives are clear; however, its implementation and enforcement present challenges and the debate around its […]