Corporate

  • December 12, 2024

    IRS Chief Makes Case To Restore $20B Funding Shortfall

    Congress should reverse a $20 billion IRS funding gap in a year-end budget bill to help the agency modernize its technology, improve customer service and collect unpaid taxes from wealthy businesses and individuals, Internal Revenue Commissioner Daniel Werfel said Thursday.

  • December 12, 2024

    Mobile Trade Group's CEO To Leave Organization Next Year

    The president and CEO of mobile industry lobbying group CTIA will leave the organization when her contract expires next year, the group said Thursday.

  • December 12, 2024

    'Love Is Blind' Cast Members Are Employees, NLRB GC Says

    Cast members of the Netflix reality series "Love Is Blind" are employees under federal labor law, the NLRB's Minneapolis office alleged in a complaint obtained by Law360, claiming the producers have unlawful provisions in agreements demanding thousands of dollars if participants quit the reality show or breach the pacts.

  • December 12, 2024

    Ex-DOJ Antitrust Litigator Joins Winston & Strawn In DC

    Winston & Strawn LLP announced Thursday that it has hired an antitrust pro who formerly worked for the U.S. Department of Justice and most recently worked at Kellogg Hansen Todd Figel & Frederick PLLC to strengthen its litigation department.

  • December 12, 2024

    Saul Ewing Named In Wage Class Reps' Hidden-Asset Suit

    A Pittsburgh-based home health care company and its counsel from Saul Ewing LLP are improperly shuffling assets in order to avoid paying future judgments, according to a lawsuit by representatives of a proposed wage class seeking $12.2 million.

  • December 12, 2024

    IRS Hopes To Issue Amount B Pricing Guidance Within Weeks

    Treasury is working to finish its guidance on the simplified transfer pricing approach to baseline marketing and distribution known as Amount B by the end of the year, a U.S. official said Thursday.

  • December 12, 2024

    Former CFO Admits To Stealing $1.3M From SF Law Firms

    A former chief financial officer of two San Francisco law firms admitted to stealing more than $1.3 million from his former employers via several fraudulent schemes, including redirecting firm payments to a nonprofit organization he set up privately.

  • December 12, 2024

    Ex-OMB GC Mark Paoletta Returns To Role In Trump Admin

    The attorney who served as the general counsel of the Office of Management & Budget in President-elect Donald Trump's first administration has been tapped by the incoming president to once again take the reins of that agency's legal work.

  • December 12, 2024

    Ex-Recruitment Firm GC Joins Gordon Rees In San Diego

    Gordon Rees Scully Mansukhani LLP has bolstered its employment law practice group with the hiring of a civil litigator who previously worked in-house at a staffing agency.

  • December 12, 2024

    Holland & Knight's Latest Corporate Atty Joins From WilmerHale

    Holland & Knight LLP announced the addition of a former WilmerHale attorney to its New York office Wednesday, touting his work for clients in sectors such as technology, life sciences, municipal services, financial services, specialty manufacturing and energy.

  • December 12, 2024

    Jury Clears Blank Rome Attys In Malicious Suit Case

    Three Blank Rome attorneys and an aviation company have been cleared by a Pennsylvania federal jury of claims that they maliciously pursued litigation over alleged misuse of confidential information against a lawyer who formerly represented the company and switched to plaintiffs work.

  • December 12, 2024

    FTC Dusts Off Price Bias Law In Booze Distributor Suit

    The Federal Trade Commission sued Southern Glazer's Wine and Spirits LLC in California federal court on Thursday, dusting off a long-dormant price discrimination law with allegations that the country's largest alcohol distributor offered dramatic and unjustified discounts to large retailers that left smaller stores in the lurch.

  • December 12, 2024

    US Takes Hard Line Against WTO Litigating Security Matters

    The Biden administration issued a stern warning against the dangers of litigating national security matters at the World Trade Organization, stressing that allowing international tribunals to decide the legality of a sovereign country's security policies is untenable.

  • December 11, 2024

    5th Circ. Tosses SEC's OK Of Nasdaq's Board Diversity Rule

    A split Fifth Circuit ruled Wednesday that Nasdaq cannot implement U.S. Securities and Exchange Commission-approved rules requiring that companies listed on the exchange disclose board diversity data, finding that the stock exchange's rules run afoul of federal securities law.

  • December 11, 2024

    Google Likely Can't Nix Suit Over Collection Of Kids' Data

    A California federal magistrate judge indicated Wednesday that Google likely won't be able to escape a proposed class action alleging YouTube illegally collected children's data from targeted ads, saying a seventh version of the complaint sufficiently alleged that the tech giant "engaged in highly offensive conduct."

  • December 11, 2024

    FTC, DOJ Pull Antitrust Competitor Collaboration Guidelines

    The Federal Trade Commission and the U.S. Department of Justice announced Wednesday that they are withdrawing Clinton-era antitrust guidelines for collaborations among competitors, saying they "no longer provide reliable guidance" about how collaborations are assessed.

  • December 11, 2024

    Big Tech, 'Censorship' Animate Trump FTC Picks

    President-elect Donald Trump's picks Tuesday to lead and join the Federal Trade Commission show he plans to continue Washington's focus on antitrust enforcement against major technology platforms, while also signaling a potential shift toward more populist Republican concerns alleging that Big Tech censors conservative voices.

  • December 11, 2024

    Grocery Store Rulings Back Enforcers' Merger Approach

    Federal and state enforcers scored key victories Tuesday with a pair of court rulings blocking the planned $24.6 billion merger between Kroger and Albertsons that largely adopted their allegations about the deal and rejected a proposal to unload nearly 600 stores to save it.

  • December 11, 2024

    Ex-Telecom CEO Charged With Insider Trading On His Own Firing

    The U.S. Department of Justice announced Wednesday that former Comtech Telecommunications Corp. CEO Ken Peterman has been charged with insider trading after he used nonpublic information about the company and his own impending termination to profit from the sale of tens of thousands of dollars' worth of Comtech stock.

  • December 11, 2024

    Palo Alto Networks Seeks Exit From Investors' 'Vague' Suit

    Cybersecurity company Palo Alto Networks and three of its executives have asked a San Francisco federal judge to toss a consolidated proposed investor class action over allegedly concealed "headwinds," arguing that its investors failed to show they'd known the company would eventually lower certain financial projections.

  • December 11, 2024

    Tesla Stockholder Contests $345M Musk Pay Fight Fee In Del.

    A Tesla Inc. stockholder has asked to intervene in the Delaware Court of Chancery class derivative case that scuttled CEO Elon Musk's 10-year, $55.6 billion compensation plan, citing objections to court approval of a stock or cash fee award for class attorneys worth $345 million.

  • December 11, 2024

    NRA Ordered To Reform Policies After NY Misconduct Verdict

    A New York judge ordered changes to the National Rifle Association's board structure and organizational policies Wednesday to "prevent future violations of law," following a jury verdict that found widespread financial misconduct and whistleblower retaliation within the gun group.

  • December 11, 2024

    Trump Media Fights Stay Of Fla. Suit In Investor Dispute

    The company behind Donald Trump's Truth Social platform told a Florida appeals court on Wednesday that a trial court should not have paused its suit against investors in favor of a related dispute in Delaware because the two suits are not substantially similar.

  • December 11, 2024

    Justices Question Affiliates' Liability In $47M TM Judgment

    The U.S. Supreme Court on Wednesday questioned why lower courts ordered affiliates of a real estate company to pay a $47 million trademark infringement judgment against it when they were not defendants, with Justice Clarence Thomas asking counsel for the prevailing party why they did not include the affiliates in the case.

  • December 11, 2024

    SEC Sues Disbarred Calif. Atty And Son For Securities Fraud

    The U.S. Securities and Exchange Commission has filed a suit against a father-son duo and a broker for allegedly running a Ponzi-like scheme disguised as an investment company for a start-up content streaming app, raising over $17 million from at least 40 investors.

Expert Analysis

  • Navigating 4th Circ.'s Antitrust Burden In Hybrid Relationships

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    The U.S. Supreme Court recently declined to review the Fourth Circuit's Brewbaker decision, a holding that heightens the burden on antitrust prosecutors when the target companies have a hybrid horizontal-vertical relationship, but diverges from other circuits, say attorneys at Troutman Pepper.

  • The Challenges Of Abandoned Retirement Plans In Ch. 7

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    The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy was intended to alleviate trustees' administration issues, but practical challenges, like unresolved fee and identification matters, could hinder its implementation, say David Goodrich at Golden Goodrich and Nancy Simons at Stretto.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Opinion

    FTC Actions In Oil Cases Go Against Its Own Rulemaking

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    Two recent Federal Trade Commission actions concerning the oil and gas industry appear to defy its own merger guidelines, with allegations that fall far short of the commission's own standard — raising serious questions about the agency's current approach, say attorneys at Clifford Chance.

  • Best Practices For Effective Employee Assistance Programs

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    Employee assistance programs can be a powerful tool for establishing health and wellness initiatives in workplaces, and certain implementation steps can help both employers and workers gain maximum benefit from EAPs, say attorneys at Foley & Lardner.

  • Series

    Flying Makes Me A Better Lawyer

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    Achieving my childhood dream of flying airplanes made me a better lawyer — and a better person — because it taught me I can conquer difficult goals when I leave my comfort zone, focus on the demands of the moment and commit to honing my skills, says Ivy Cadle at Baker Donelson.

  • How Crypto Cos. Can Take Advantage Of 'Mini-IPOs'

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    Against the backdrop of U.S. Securities and Exchange Commission enforcement in the crypto space, mini-initial public offerings, with less burdensome requirements than full registration, can serve as an alternative way for token issuers to raise funds, say attorneys at O'Melveny.

  • Trump Patent Policy May Be Headed In Unexpected Direction

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    While commentators have assumed that the patent policy of President-elect Donald Trump's second administration will largely mirror the pro-patent policy of his first, these predictions fail to take into account the likely oversized influence of Elon Musk, says Jorge Contreras at the University of Utah.

  • What Trump's Next Term May Mean For Biz Immigration

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    Leonard D'Arrigo at Harris Beach discusses the employment-based immigration policies businesses can potentially expect during President-elect Donald Trump’s second term, based on policies enacted during his first administration, statements made during his campaign and proposals in Project 2025.

  • Nvidia Supreme Court Case May Not Make Big Splash

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    The skeptical tenor of the justices' questioning at oral argument in Nvidia v. Ohman Fonder suggests that the case is unlikely to alter the motion to dismiss pleading standard in securities class actions, as some had feared, say attorneys at WilmerHale.

  • Lessons From EEOC Case Of Fla. Worker Fired After Stillbirth

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    A recent federal court settlement between a Florida resort and a fired line cook shows that the U.S. Equal Opportunity Employment Commission sees stillbirth as protected under the Pregnant Workers Fairness Act, also providing four other important lessons, says Gordon Berger at Pierson Ferdinand.

  • What Higher Education Can Expect From A 2nd Trump Admin

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    The election of Donald Trump for a second presidential term has far-reaching ramifications for colleges and universities — come January, institutions can expect a crackdown on DEI, increased scrutiny of campus protests, a rollback of the Biden administration's Title IX rules and more, say attorneys at Jenner & Block.

  • AI Monitoring And FCRA: Employer Compliance Essentials

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    As the Consumer Financial Protection Bureau and the Federal Trade Commission signal determination to treat AI-based workplace surveillance as a potential Fair Credit Reporting Act issue, employers must commit to educating HR and compliance staff on these quickly evolving regulatory expectations, say attorneys at Sheppard Mullin.

  • Series

    Circus Arts Make Me A Better Lawyer

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    Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.

  • Crypto Cos. Add New Play In Their Offense Against SEC

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    Consensys and Crypto.com have adopted a novel strategy of preempting U.S. Securities and Exchange Commission enforcement actions by moving to crypto-friendly Texas and filing declaratory lawsuits challenging the SEC's jurisdiction to regulate crypto-assets — an aggressive approach that may pay off, say attorneys at Herrick Feinstein.

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