Sure, but do we even know what the law currently says on this matter? I've seen a lot of speculation in the comments here, but very few facts. Even the original blog post seems to have been written before consulting an attorney.

For example, does the law have any mechanism for compensating SimulaVR for their work on this case? What mechanisms exist for appeal? Does Meta have free reign to examine the subpoenaed documents, or are there restrictions on how that information can be used and who can see it?

It just seems to me you ought to know what the law says first before arguing it needs to be changed. Chesterton's Fence and all that...