Close observers of Delaware's Court of Chancery have recently gotten a new window into the First State's preeminent court of equity: Delaware Vice Chancellor J. Travis Laster, one of seven judges on the court's bench, has recently rejoined LinkedIn.
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TOP NEWS

The 'Not-Postings' Of A Delaware Chancery Court Judge

By Leslie A. Pappas

Close observers of Delaware's Court of Chancery have recently gotten a new window into the First State's preeminent court of equity: Delaware Vice Chancellor J. Travis Laster, one of seven judges on the court's bench, has recently rejoined LinkedIn.

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Chancery Rejects Do-Over Of THC-Drink Co. Legal Fee Fight

By Leslie A. Pappas

Two directors of a cannabis-infused drink startup who sued the Minnesota-based company for unpaid legal fees will not get a second chance to argue that they deserve more than what the court already awarded, Delaware's Court of Chancery said Thursday.

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Chancery Sweeps Away Most Challenges To Broker's Control

By Jeff Montgomery

Independent insurance distributor BRP Group Inc. has defeated most stockholder challenges to founder preapproval requirements for company actions, according to a Delaware Court of Chancery ruling upholding a consent and defense agreement established after the company was sued.

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BANKRUPTCY

Grocery Automation Biz Files Ch. 11 With $13M In Debt

By Rick Archer

E-grocery automation system maker Takeoff Technologies filed for Chapter 11 protection Thursday in Delaware bankruptcy court with nearly $13 million in debt, saying that, after eight years in business, it had been unable to generate the cash flow it needed to turn a profit.

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Ex-FTX Auditor Must Face SEC's Independence Rules Suit

By Sydney Price

The former auditor of Sam Bankman-Fried's defunct cryptocurrency exchange FTX must face the U.S. Securities and Exchange Commission's claims it violated auditor independence rules while collecting $3 million in fees from clients, a Florida federal judge has ruled, finding the agency's allegations establish severe recklessness.

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Brief

Terraform, SEC Reach 'Settlement In Principle' In Crypto Case

By Aislinn Keely

Crypto firm Terraform Labs and its creator Do Kwon appear to have reached an agreement with the U.S. Securities and Exchange Commission to settle remedies after the firm and its founder were held liable for fraud by a Manhattan jury.

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EXPERT ANALYSIS

Perspectives

Trauma-Informed Legal Approaches For Pro Bono Attorneys

As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.

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LEGAL INDUSTRY

Orrick Leads List Of Top Law Firms For Women, Diversity

By Aebra Coe

Talent strategies firm Seramount released its latest list of the 45 best law firms for women and diversity this week, with the 2024 cohort of winners showing strides over previous years in representation, advancement and benefits for lawyers who are women or from other underrepresented groups.

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Houston Judge's Vast Display Reflects 25 Years On Bench

By Catherine Marfin

Along the hallways leading to U.S. District Judge Keith P. Ellison's Houston courtroom hang hundreds of notes, photos, thank-you cards and other correspondence, serving as a kind of interactive scrapbook of Judge Ellison's 25 years on the bench.

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Analysis

In Rarity, 1 Party's Judges Gain 100% Control Of Circuit Bench

By Jeff Overley

At the First Circuit, the judges' robes are all black, but the judges are all blue. It's a new and unusual instance of one political party's judicial picks controlling each active seat on a federal appeals court, and the Democratic dominance could prove magnetic for ideologically charged litigation.

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WDTX Chief Adds New Hurdle For Patent Attys Eyeing Albright

By Dani Kass

The Western District of Texas' chief judge has made it harder for parties to have their patent cases end up in U.S. District Judge Alan Albright's court by refusing to automatically connect related litigation.

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Orrick's $8M Deal To End Data Breach Claims Nears Prelim OK

By Bonnie Eslinger

A California federal judge indicated Friday that she'll preliminarily approve Orrick Herrington & Sutcliffe LLP's $8 million deal to end putative class claims over a 2023 data breach that purportedly exposed personal information for 638,000 individuals, but said the "very broad" scope of the settlement's release "raised my eyebrows."

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Smith Gambrell Faces Slimmed Data Breach Suit

By Emily Sawicki

A California federal judge has trimmed the claims a proposed class of data breach victims brought against international law firm Smith Gambrell & Russell LLP, leaving the firm to face claims of negligence, invasion of privacy and violation of the California Unfair Competition Law.

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Analysis

Blockbuster Summer: 10 Big Issues Justices Still Must Decide

By Katie Buehler

As the calendar flips over to June, the U.S. Supreme Court still has heaps of cases to decide on issues ranging from trademark registration rules to judicial deference and presidential immunity. Here, Law360 looks at 10 of the most important topics the court has yet to decide.

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Analysis

Del. Chancellor Questions 'Rush' To Amend Corporation Law

By Jeff Montgomery

Weeks before the Delaware State Bar Association sent state lawmakers a draft bill explicitly allowing corporations to broadly cede some governance rights to chosen stockholders, Chancellor Kathaleen St. J. McCormick of Delaware Chancery Court made an unprecedented, direct appeal to think twice.

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Analysis

How Trump's Hush Money Sentencing Could Get 'Dicey'

By Phillip Bantz

Now convicted of nearly three dozen felonies, former President Donald Trump must move through the machinery of the New York state court system's sentencing process, which involves sitting down for an interview with a probation officer and a chance to directly address a judge he's called biased and "corrupt."

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Trump Condemns NY Trial As Verdict Echoes In DC

By Rachel Scharf

A day after his conviction on 34 felony counts, former president Donald Trump on Friday attacked the Manhattan jury's verdict in a lengthy speech that mischaracterized multiple elements of the case as the decision reverberated through Washington, D.C.

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Trump's New York Prosecutors Called To House Hearing

By Courtney Bublé

Rep. Jim Jordan, R-Ohio, chair of the House Judiciary Committee and its Select Subcommittee on the Weaponization of the Federal Government, demanded on Friday that Manhattan prosecutors appear for a hearing on June 13 on the prosecution of former President Donald Trump, who was convicted on Thursday of 34 felonies.

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Disbarring Giuliani Would 'Protect The Public,' DC Panel Says

By Alison Knezevich

A Washington, D.C., attorney ethics panel agreed Friday that Rudy Giuliani's role in former President Donald Trump's attempt to overturn Pennsylvania's presidential election in 2020 amounted to misconduct "of the utmost seriousness," and that disbarring him would "protect the public, the courts, and the integrity of the legal profession."

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Don't Fear AI Hallucinations, Embrace Them, Scholar Says

By Law360 Staff

When it comes to artificial intelligence, most early adopters fear the so-called hallucinations that the systems can produce. However, one scholar says the creativity those hallucinations represent is a valuable feature lawyers should embrace.

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Lambda Legal To Expand With $180M Campaign

By Matt Perez

Lambda Legal, a national nonprofit focused on the civil rights of LGBTQ+ people and those living with HIV, announced on Friday a $180 million fundraising campaign, along with an organizational strategy that aims to expand its legal team significantly by 2026.

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Texas Judge Opts Not To Recuse And Tosses Chamber Suit

By Emily Sawicki

A Texas federal judge has thrown out the U.S. Chamber of Commerce's suit seeking to block the Federal Trade Commission from implementing a ban on noncompete clauses because a different plaintiff was first to file, adding he declined to recuse himself because no companies in his stock portfolio were parties in the case.

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Ore. Watchdog Says Open Discipline Makes 'Stronger' Attys

By Thy Vo

An Oregon attorney watchdog group said Friday that the state's radical transparency in attorney disciplinary proceedings makes for "stronger lawyers," arguing largely open access to records and trials has combated misconceptions that regulators are there to protect lawyers.

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Illinois Strengthens Atty Ethics Rules For Harassment, Bias

By Celeste Bott

The Illinois Supreme Court has announced that the state's professional conduct rules for attorneys have been amended to deem the act of engaging in harassment or discrimination as professional misconduct, and not just in the event a court or administrative agency finds that a lawyer violated a law prohibiting such actions.

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DOJ Looks To End A Legacy Of Bias In Sex Assault Cases

By Hannah Albarazi

The U.S. Department of Justice says that legal fallacies and misogynistic stereotypes often lead prosecutors to decline to charge alleged perpetrators of sexual violence, but new guidance from the department is pushing prosecutors to give more credence to victims and see that their claims are more thoroughly investigated.

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Law360's Legal Lions Of The Week

By Kevin Penton

Brewer Attorneys & Counselors, the American Civil Liberties Union Foundation and attorneys Eugene Volokh and Alan Morrison lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that the National Rifle Association can proceed with certain claims in the gun rights group's lawsuit against a former New York state official.

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The Top In-House Hires Of May

By Michele Gorman

Legal department hires during the last full month of spring included high-profile appointments at Southwest, Hormel and UnitedHealth. Here, Law360 Pulse looks at some of the top in-house announcements from May.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Consumers have asked a federal judge to sign off on their $197 million class action settlement with Visa and Mastercard over claims the companies conspired with banks on ATM access fees. And Microsoft's President Brad Smith is going to tell Congress about what the company is doing to upgrade cybersecurity, including linking executive pay to it.

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Off The Bench: NCAA Transfers Freed, Atty Plays Cards Right

By David Steele

In this week's Off the Bench, the NCAA agrees to more historic rule changes while experts examine its post-House settlement future, and a patent lawyer looks back at his transformation into a poker champion.

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UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen financier Crispin Odey file a defamation claim against the Financial Times, Ford hit with the latest "Dieselgate" claim and a human rights activist bring a privacy claim against Saudi Arabia. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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LAW FIRMS IN TODAY'S NEWS

ASK LLP

Aidala Bertuna

Alston & Bird

Andrews & Springer

Anthony Ostlund

Arnold & Porter

Baker Donelson

Baker McKenzie

Bindmans LLP

Blank Rome

Boies Schiller

Brewer Attorneys

Brodies LLP

Chaffe McCall

Chapman & Cutler

Clark Hill

Clifford Chance

Cole & Van Note

Cooley LLP

Corr Cronin

Cozen O'Connor

Crowell & Moring

DLA Piper

DWF LLP

Dailey LLP

Davis & Wright

Davis Wright Tremaine LLP

Dickinson Wright

Donahue Fitzgerald

Dorsey & Whitney

Faegre Drinker

Federman & Sherwood

FeganScott

Finkelstein Blankinship

Fladgate LLP

Foley & Lardner

FordHarrison

Fox Rothschild

Frankfurt Kurnit

Gateley PLC

Gibson Dunn

Gupta Wessler

Hanson Bridgett

Holland & Knight

Holwell Shuster

Husch Blackwell

Jones Day

Kaplan Hecker

Katz Banks

King & Spalding

Kirkland & Ellis

Kopelowitz Ostrow

Latham & Watkins

Lathrop GPM

Lewis Baach

Lowenstein Sandler

McCarter & English

Mintz & Gold

Morgan Lewis

Morris Nichols

Morrison Foerster

Neal Gerber

NechelesLaw

Northridge Law LLP

Orrick Herrington

Orsinger Nelson

Paul Weiss

Penningtons Manches

Perkins Coie

Pogust Goodhead

Potter Clarkson

Potter Minton

Quinn Emanuel

Reed Smith

Richards Layton

Ropes & Gray

Schofield Sweeney

Sheppard Mullin

Shook Hardy

Sidley Austin

Simpson Thacher & Bartlett LLP

Slaughter and May

Smith Gambrell

Stinson LLP

Stokes Lawrence

Sullivan & Cromwell

Taylor Wessing

Troutman Pepper

Tucker Ellis

Tycko & Zavareei

Vedder Price

Wachtell Lipton

Wiley Rein

Williams & Connolly

WilmerHale

Wilson Elser

Winston & Strawn

Wolf Haldenstein

Womble Bond

Wucetich & Korovilas

Young Conaway

COMPANIES IN TODAY'S NEWS

Acelyrin Inc.

Amazon.com Inc.

American Airlines Group Inc.

American Bar Association

American Civil Liberties Union

American Constitution Society

Apple Inc.

BHE Renewables LLC

Bank of America Corp.

Berkshire Hathaway Energy GT&S

Bregal Investments Inc.

Bregal Sagemount

Broadway Financial Corp.

Business Roundtable

CSL Ltd.

CVS Health Corp.

Cargill Inc.

Chevron Corp.

Computer & Communications Industry Association

Conagra Brands Inc.

ConocoPhillips Co.

Costco Wholesale Corp.

Delaware State Bar Association

DiamondRock Hospitality Company

Epsilon Data Management LLC

Essex Property Trust Inc.

FedEx Corp.

First Bank (Hamilton, NJ)

Ford Motor Co.

Fox Corp.

Harvard University

Hasbro Inc.

Hertz Global Holdings Inc.

Hormel Foods Corp.

Hospira Inc.

Hulu LLC

Huron Consulting Group Inc.

Illinois State Bar Association

International Business Machines Corp.

Jersey Mike's Subs

Johnson & Johnson

Lambda Legal Defense & Educational Fund

Lawyers for Civil Rights

LinkedIn Corp.

London Stock Exchange Group PLC

Lumen Technologies Inc.

Major Lindsey & Africa LLC

Marathon Oil Corp.

Mars Inc.

MasterCard Inc.

Mattel Inc.

Mercedes-Benz USA LLC

Microsoft Corp.

Moelis & Co.

Mondelez International Inc.

NBCUniversal Media LLC

NFL Enterprises LLC

National Collegiate Athletic Association

National Farmers Union

National Rifle Association of America

Natural Resources Defense Council

New York University

Odey Asset Management LLP

Oregon State Bar

People For the American Way

Pfizer Inc.

Purdue Pharma LP

Refinitiv US Holdings Inc.

Rhode Island Legal Services Inc.

Ryan LLC

Sky PLC

Snap Inc.

Southwest Airlines Co.

The Boeing Co.

The District of Columbia Bar

The Football Association Ltd.

The PNC Financial Services Group Inc.

The Procter & Gamble Co.

Trump Organization Inc.

Twitter Inc.

U.S. Chamber of Commerce

UnitedHealth Group Inc.

Virgin Media Inc.

Volkswagen AG

Washington State Bar Association

Wells Fargo & Co.

World Wrestling Entertainment Inc.

Xcel Energy Inc.

easyJet plc

GOVERNMENT AGENCIES IN TODAY'S NEWS

City of New York

Commonwealth of Kentucky

Competition and Markets Authority

Consumer Financial Protection Bureau

Delaware Court of Chancery

Federal Trade Commission

Food and Drug Administration

Illinois Supreme Court

Lac du Flambeau Band of Lake Superior Chippewa Indians

Manhattan District Attorney's Office

Massachusetts Supreme Judicial Court

National Labor Relations Board

U.S. Attorney's Office

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of Delaware

U.S. Department of Commerce

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Northern District of West Virginia