Corporate

  • March 06, 2025

    'Failure To Be Vigilant' Dooms Bulk Of Pub Owners' Fraud Suit

    A North Carolina Business Court judge dismissed most claims in a fraud and breach of duty dispute among the owners of a Raleigh restaurant, ruling that the two co-owners who sued the third should have done more to prevent their partner's allegedly improper acts.

  • March 06, 2025

    Senate Panel Advances Trump's Pick For DOL Deputy

    A U.S. Senate committee advanced President Donald Trump's nominee for deputy labor secretary Thursday despite concerns from Democrats about U.S. Department of Labor layoffs.

  • March 05, 2025

    SpaceX Fails To Get 5th Circ. To Block NLRB Case

    The Fifth Circuit on Wednesday dismissed SpaceX's appellate court bid to stop a National Labor Relations Board administrative proceeding alleging it unlawfully fired employees who criticized company CEO Elon Musk, saying the circuit court lacked jurisdiction since a lower court didn't first deny SpaceX's injunctive relief request.

  • March 05, 2025

    DOGE Firings, Agency Cuts Targeted In New Sierra Club Suit

    The Sierra Club and Union of Concerned Scientists were among several groups that lobbed a new suit against Elon Musk and the Department of Government Efficiency on Wednesday, slamming the billionaire and DOGE for the "lawless" slashing of funds and federal workers.

  • March 05, 2025

    Utah Poised To Be 1st To Require App Stores To Verify Ages

    Utah lawmakers on Wednesday sent to the governor's desk first-of-its-kind legislation that would require app stores such as the ones operated by Apple and Google to verify users' ages and block those who are under 18 from downloading apps or making in-app purchases without parental consent. 

  • March 05, 2025

    Coinbase Investor Drops Direct Listing Suit After Slack Ruling

    A Coinbase investor Wednesday dropped a proposed class action accusing the cryptocurrency platform and its top brass of offering false and misleading materials that caused its stock price to plummet following the company's debut with an $86 billion valuation, after the Ninth Circuit tossed a similar case against Slack Technologies.

  • March 05, 2025

    NJ US Atty Says FCPA Case Delay Pauses Speedy Trial Clock

    The adjournment of the government's Foreign Corrupt Practices Act case against two former Cognizant Technology Solutions Corp. executives should stop the Speedy Trial Act clock because the case needs a "fulsome review" in light of the pause in FCPA enforcement, New Jersey's freshly minted top federal prosecutor told a judge Wednesday.

  • March 05, 2025

    Accused Tax Prep Hacker Faces Refund Fraud Case In Boston

    A Nigerian national accused of conspiring to use stolen taxpayer information and reaping $1.3 million in phony returns has been extradited to the United States to face charges of breaking into Massachusetts tax preparation firms' computer networks, Boston federal prosecutors said.

  • March 05, 2025

    Amazon, Others Must Face Guo Ch. 11 Clawback Claims

    A Chapter 11 trustee can chase cash payments Chinese exile Miles Guo passed through nondebtor alter ego shell companies when buying goods and services from a long list of companies and law firms, a Connecticut bankruptcy judge has ruled.

  • March 05, 2025

    Chancery Mulls Amicus Bid, TRO In Paramount Merger Battle

    Backers of a $13.5 billion offer for Paramount Global asked Wednesday for clearance to chime in on a Delaware Chancery Court stockholder challenge to the company's proposed $8 billion, allegedly conflicted sale to Skydance Media, arguing that a board special committee never gave the higher bid proper consideration.

  • March 05, 2025

    BCBS Hit With New Antitrust Suits By $2.8B Deal Opt-Outs

    Dozens of hospitals and healthcare systems that opted out of a landmark $2.8 billion Blue Cross Blue Shield antitrust settlement filed fresh Sherman Act lawsuits against the insurance entities in Pennsylvania, California and Illinois federal courts Tuesday, accusing them of colluding to restrict competition for the purchase of healthcare services.

  • March 05, 2025

    Feds Allege Vast Overseas Insider Trading Scheme

    Two foreigners are facing criminal charges and civil securities fraud claims for allegedly masterminding a multinational, yearslong insider trading scheme that generated millions of dollars in illicit profits by trading on leaked information ahead of business developments. 

  • March 05, 2025

    GOP Bid To Nix CFPB Payment Oversight Rule Clears Senate

    The U.S. Senate on Wednesday passed a measure to nullify the Consumer Financial Protection Bureau's Biden-era digital payments supervision rule, advancing a Republican effort to block the agency from exercising greater oversight of big payment app providers.

  • March 05, 2025

    401(k) Forfeiture Suits Are Prompting Plan Changes

    It remains unclear whether a California federal judge keeping alive a proposed class action that challenges the use of forfeited funds in a Clorox employee 401(k) plan means similar cases will gain traction, but experts say plans are already getting tweaked to stave off forfeiture claims.

  • March 05, 2025

    Steven Madden Resolves Libel Dispute Over IP Allegations

    Parties in Steven Madden Ltd.'s lawsuit accusing Danish "affordable luxury" brand Ganni A/S of falsely claiming that two of its shoe designs infringed Ganni's intellectual property have reached an agreement to resolve the dispute, according to a filing Tuesday in New York federal court.

  • March 05, 2025

    Trump EPA Nominees Grilled On Climate Change Views

    President Donald Trump's pick to lead the U.S. Environmental Protection Agency's air office repeatedly told Democratic senators that humans must adapt to climate change, but declined to wade into policy specifics during a nomination hearing Wednesday.

  • March 05, 2025

    DC Judge Skeptical Of Trump's Power To Oust NLRB Member

    A Washington, D.C., federal judge hearing a former National Labor Relations Board member's challenge to her January removal appeared Wednesday to buy the fired official's side of a closely watched debate over the vitality of foundational U.S. Supreme Court law on the president's power over independent agencies.

  • March 05, 2025

    Broadcom Slams 'Meritless Retaliatory' Netflix Patent Suit

    Technology giant Broadcom blasted a patent infringement lawsuit filed by Netflix over five software patents Broadcom contends are invalid and urged a federal California court to toss the litigation, calling it a "meritless retaliatory case" meant to distract from Netflix's "rampant infringement of patents owned by Broadcom-related entities."

  • March 05, 2025

    Nixon Peabody Hires Former Sheppard Mullin Partner In NY

    Nixon Peabody LLP said Wednesday that a former Sheppard Mullin Richter & Hampton LLP partner has joined the New York office as a partner on the firm's nonprofit organizations team.

  • March 05, 2025

    EEOC Can't Skip Out On Trans Bias Case Just Yet

    The U.S. Equal Employment Opportunity Commission can't yet have a bias case it filed on behalf of a transgender pizza shop worker dismissed, an Illinois federal judge said Wednesday, emphasizing that she wants to ensure any dismissal happens under "just and proper" terms.

  • March 05, 2025

    12 Chinese Nationals Charged With Hacking Scheme

    The U.S. Department of Justice announced it has charged 12 Chinese nationals who it alleges were employed as contractors by a shell company that ran hacking operations against dissidents of the Chinese government and against multiple foreign ministries of other governments in Asia.

  • March 05, 2025

    UK Clears $35B Synopsys, Ansys Merger

    The Competition and Markets Authority said Wednesday it has cleared Synopsys' planned $35 billion acquisition of fellow U.S. software company Ansys under certain divestiture and monitoring conditions.

  • March 05, 2025

    Longtime DOJ Antitrust Litigator Joins Fried Frank In DC

    Fried Frank Harris Shriver & Jacobson LLP announced that a Cooley LLP attorney who previously spent more than 15 years in the U.S. Department of Justice's Antitrust Division has joined the firm's Washington, D.C., office as a partner.

  • March 05, 2025

    Del. Corporate Law Bill Poses 'Grave Risk,' Plaintiffs' Firms Say

    Five of Delaware's most active corporate litigation plaintiffs' firms have branded pending legislation aimed at curbing stockholder suits as a "dangerous and radical" measure that attacks the state's courts and will put Delaware's nationally known incorporation franchise "at grave risk."

  • March 05, 2025

    Fighters' Attys Get $115M In Fees For UFC Settlement Work

    A Nevada federal judge has awarded more than $115 million to the attorneys who struck a $375 million settlement with the UFC on behalf of more than 1,100 fighters alleging vast wage suppression, nodding to the considerable effort involved in litigating the decade-long case.

Expert Analysis

  • How White Collar Defense Attys Can Use Summary Witnesses

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    Few criminal defense attorneys have successfully utilized summary witnesses in the past, but several recent success stories show that it can be a worthwhile trial tactic to help juries understand the complex decision-making at issue, says Jonathan Porter at Husch Blackwell.

  • Opinion

    6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • The Current State Of Play Around Corporate Transparency Act

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    Although a Texas court preliminarily enjoined enforcement of the Corporate Transparency Act and paused an impending Dec. 31 reporting deadline, multiple states have similar requirements, so companies should continue to monitor compliance obligations regardless of the CTA's constitutionality, say attorneys at Simpson Thacher.

  • Predictions For Trump Antitrust Enforcement Of Life Sciences

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    Key life sciences antitrust issues of the past two administrations may indicate the direction of enforcement during President-elect Donald Trump's second term, including in areas such as drug prices, killer acquisitions and merger remedies, say attorneys at Ropes & Gray.

  • From Football To Pickleball, Sports Investing Evolved In 2024

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    The NFL's decision to allow private-equity investments in football franchises capped off a transformative year in U.S. sports that also included landmark PE transactions in emerging sports ranging from women's soccer to pickleball, say attorneys at Weil.

  • Using Data To Inform Corporate Disclosure Decisions

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    With today’s market volatility and regulatory factors requiring public companies to confront competing transparency and protection demands, incorporating stock price reaction analysis of company-specific news into the controller's role could be beneficial for disclosure determinations, say Liz Dunshee at Fredrikson & Byron and Nessim Mezrahi at SAR.

  • Best Practices For AI Disclosures In Insurance Applications

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    As businesses integrate AI into their operations, insurers are starting to develop targeted questions to assess the associated risks, but ambiguities in the application forms can create challenges for businesses applying for insurance, say attorneys at Hunton.

  • How White Collar Attys Can Use Mythic Archetypes At Trial

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    A careful reading of a classic screenwriting guide shows that fairy tales and white collar trials actually have a lot in common, and defense attorneys would do well to tell a hero’s journey at trial, relying on universal character archetypes to connect with the jury, says Jack Sharman at Lightfoot Franklin.

  • How CFPB Rule Would Affect Data Brokers And Beyond

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    The Consumer Financial Protection Bureau recently proposed a rule that would not only expand data broker oversight by classifying many as consumer reporting agencies, but would also impose new limitations on companies seeking to obtain information from them, potentially requiring such entities to alter their business models, say attorneys at Orrick.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • Reviewing 2024's State Consumer Privacy Law Enforcement

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    While we are still in the infancy of state consumer privacy laws, a review of enforcement activity this year suggests substantial overlaps in regulatory priorities across the most active states and gives insight into the likely paths of future enforcement, says Thomas Nolan at Quinn Emanuel.

  • Opinion

    Antitrust Posturing Against Algorithmic AI Should End

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    President-elect Donald Trump needs to rein in the federal government's antitrust crusade against algorithmic AI, sending the message that antitrust enforcement must be grounded in evidence and real harm, says attorney David Balto, a former Federal Trade Commission assistant director of policy and evaluation.

  • Risk Disclosure Issue Remains After Justices Nix Meta Case

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    After full briefing and argument, the U.S. Supreme Court recently dismissed Facebook v. Amalgamated Bank as improvidently granted, leaving courts with the tricky endeavor of determining when the failure to disclose a past event in an Item 105 risk disclosure is materially misleading, say attorneys at Lowenstein Sandler.

  • Think Like A Lawyer: 1 Type Of Case Complexity Stands Out

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    In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.

  • Netflix Dispute May Alter 'Source' In TM Fair-Use Analysis

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    ​The Ninth Circuit’s upcoming decision in Hara v. Netflix​, about what it means to be source-identifying​, could change how the Rogers defense protects expressive works that utilize trademarks in a creative fashion, says Sara Gold at Gold IP.

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