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July 15, 2026
United Healthcare must pay $630,000 to a mother who challenged the insurance company's decision to deny coverage for her son's residential mental health treatment, a Utah federal judge ordered, after rejecting the company's bid to slim her requests for interest and attorney fees.
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July 15, 2026
The Delaware Supreme Court heard arguments Wednesday over whether the Delaware Chancery Court improperly limited evidence used to calculate a $6.9 million award to a former member of a Philadelphia-area EB-5 investment company, with each side accusing the other of misapplying Delaware law governing expert evidence and attorney fee awards.
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July 15, 2026
A lawsuit accusing a Trump Media & Technology Group Corp. director and his associates of improperly accessing confidential files to help remove the former head of the special purpose acquisition company that merged with Trump Media has ended in a confidential settlement, according to a notice filed Tuesday in Florida federal court.
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July 15, 2026
The U.S. Department of Justice has terminated its review of the Real Brokerage's planned $880 million purchase of Re/Max Holdings, allowing the technology-focussed real estate brokerage to move ahead with the deal.
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July 15, 2026
A Massachusetts federal judge on Wednesday dismissed a proposed class action against Maersk Inc. and its retirement plan service providers from participants in the logistics and shipping company's employee 401(k) plan who allege that underperforming investments breached fiduciary duties, but gave the participants another chance to amend their claims.
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July 15, 2026
Kirkland & Ellis LLP-advised Travel + Leisure Co. on Wednesday revealed that it closed its acquisition of Yes& Vacations, while simultaneously announcing a separate deal to acquire Spinnaker Resorts for a combined purchase price of $343 million.
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July 15, 2026
Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments, while the firm said it flagged iffy provisions but that making business calls is "not a lawyer's job."
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July 15, 2026
A trio of business and benefits groups asked the Fourth Circuit to uphold the dismissal of a suit claiming Northrop Grumman improperly used forfeited 401(k) cash to fund its plan contributions, stating it would be "exceedingly odd" for the case to proceed against federal regulations allowing the practice.
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July 15, 2026
Artificial intelligence software creation platform Emergent, led by Goodwin Procter LLP, on Wednesday revealed that it reached a $1.5 billion valuation after closing its latest funding round with $130 million in tow, making the company a unicorn after only one year after its public launch.
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July 14, 2026
Silicon Valley Bank disregarded advice from BlackRock's investment advisory firm suggesting the bank reduce the amount of its long-term mortgage-backed securities, the bank's former treasurer acknowledged Tuesday under questioning from a California federal judge during a bench trial over the Federal Deposit Insurance Corporation's claim SVB mismanaged its assets before its 2023 collapse.
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July 14, 2026
Federal Reserve Chair Kevin Warsh told lawmakers Tuesday that the central bank is "racing" to meet a looming deadline for drafting certain rules required by the Genius Act, the landmark stablecoin law that other federal regulators have already proposed regulations to implement.
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July 14, 2026
Coinbase Global Inc. asked a Texas federal judge to toss claims alleging the company infringed a group of patents covering improvements to blockchain technology, saying the asserted patents violate "bedrock principles of patent eligibility."
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July 14, 2026
Insurance technology company Cover Genius on Tuesday revealed that it reached a $1.9 billion valuation after completing a $100 million capital raise.
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July 14, 2026
Critical infrastructure-focused construction company TerraFirma, advised by Wilson Sonsini Goodrich & Rosati PC, on Tuesday revealed that it raised around $115 million in new capital.
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July 14, 2026
Artificial intelligence-based drug discovery company Chai Discovery on Tuesday revealed that it reached a $3.8 billion valuation after closing its latest funding round with $400 million in tow.
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July 14, 2026
An Illinois federal judge has trimmed claims in a long-running U.S. Securities and Exchange Commission suit accusing a fund adviser of misleading investors about the performance of some of the funds it oversaw, finding that the agency didn't provide evidence that the adviser intentionally made misstatements about the funds' compliance with accounting standards.
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July 13, 2026
Silicon Valley Bank's former treasurer defended the bank's former leadership Monday during a California federal bench trial over the FDIC's claim they mismanaged its assets before its 2023 collapse, saying he never observed anyone take actions he believed risked the soundness of the financial institution.
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July 13, 2026
Asset manager BlackRock Inc.'s accounting practices artificially inflated the values of more than 70 of its mutual funds, saddling investors with higher management fees and cutting into the dividends they might have collected, according to a proposed class action lodged Monday in New York state court.
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July 13, 2026
Aircraft parts maker TransDigm has abandoned its $960 million plan to buy private equity-owned Stellant Systems after the U.S. Department of Justice told the companies it planned to take the matter to court if they decided to go through with it.
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July 13, 2026
Crypto-focused Custodia Bank is asking the U.S. Supreme Court to take up its challenge of a Tenth Circuit ruling that backed Federal Reserve banks' discretion to deny master accounts to otherwise eligible banks, arguing the decision empowers unappointed regional bank presidents to deny "disfavored" banks access to critical payment services.
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July 13, 2026
Better Markets is asking the U.S. Securities and Exchange Commission to reopen the comment period for its semiannual reporting proposal after the agency allegedly directed prospective commenters to an incorrect email address, but an agency spokesperson said Monday the email address listed on the proposal was working.
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July 13, 2026
Illinois updated parts of its property tax code to clarify that tax authorities cannot keep more than a debtor owes under a bill approved by Democratic Gov. J.B. Pritzker.
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July 13, 2026
A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the company's excess directors and officers insurers told a North Carolina federal court.
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July 13, 2026
Infrastructure solutions investor Warren Equity Partners Manager LP, led by Kirkland & Ellis LLP, on Monday revealed that it closed its fifth fund with $2.8 billion of investor commitments.
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July 13, 2026
The Delaware Chancery Court last week handled disputes involving corporate control, post-closing competition, executive departures, arbitration awards and shareholder litigation.