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Compliance
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April 15, 2026
Circle Failed To Freeze $280M Lost In April 1 Hack, Suit Says
Circle is facing a proposed class action from a Missouri crypto user who accused the stablecoin issuer of failing to intervene and freeze assets as unknown hackers drained an estimated $280 million in digital assets from crypto project Drift Protocol in an April Fools' Day exploit.
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April 15, 2026
Cable Group Says Any 'Click To Cancel' Rule Would Be 'Chaos'
A cable industry trade group has told the Federal Trade Commission it wants no part of any proposed "click to cancel" regulations, saying more rules governing negative option marketing practices "would not protect consumers, only generate regulatory chaos."
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April 15, 2026
Electric Co-Op Denies Delaying Minn. Broadband Projects
A regional electric cooperative has denied assertions that it has hindered pole improvements necessary for a broadband provider to fulfill its deployment obligations in Minnesota under the Federal Communications Commission's Rural Digital Opportunity Fund.
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April 15, 2026
What To Know About DOL's Benefits Enforcement Update
The U.S. Department of Labor's employee benefits arm recently issued updated enforcement guidance that highlighted the agency's goal of shifting to focus more on breaches of the fiduciary duty of loyalty under federal benefits law. Here are three things experts said stood out about the DOL's update.
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April 15, 2026
Texas Panel Backs Atty Sanctions, Finding He Misled Client
A Texas appeals court has upheld a judgment from a lower court sanctioning an attorney for misleading a client into believing that his firm could offer representation in a wrongful death suit, saying that the evidence was sufficient to support his loss in the lower court.
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April 15, 2026
DOL's Warning For Proxy Advisers Acts On A Trump Order
The U.S. Department of Labor's employee benefits division cautioned Wednesday that proxy advisory firms may be providing advice that could make them fiduciaries under federal law, following through on a directive that President Donald Trump issued in December.
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April 15, 2026
2nd Circ. Backs $58M IcomTech Ponzi Convictions, Sentences
The Second Circuit upheld convictions and judgments for defendants behind a $58 million IcomTech cryptocurrency Ponzi scheme after rejecting their arguments that there's no evidence they knew it was a fraud, ruling Wednesday "sufficient red flags existed" for the lower court to properly provide a "conscious avoidance" jury instruction.
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April 15, 2026
Trump Plan To Remake DC Golf Course Is In Rough Legal Shape
President Donald Trump's plans to renovate a public Washington, D.C., golf course and turn it into a championship venue faces strong legal headwinds as experts say the administration skipped several regulatory steps when it started work on the project.
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April 15, 2026
Shell, Enviro Group Ordered To 'Actually Speak For 4 Hours'
An apparently frustrated Connecticut federal judge on Wednesday ordered Shell and an environmental advocacy group to try to resolve remaining disputes in Clean Water Act litigation before they appear before him again, ruling that counsel "must actually speak for four hours," and "time spent composing e-mails, even lengthy ones" doesn't count.
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April 15, 2026
Chair Says FTC Shouldn't Be 'All-Purpose AI Regulator'
Federal Trade Commission Chairman Andrew Ferguson told lawmakers Wednesday that the agency is committed to using its existing authorities to protect Americans from deceptive artificial intelligence claims and AI-facilitated fraud, while arguing the FTC shouldn't serve as an overarching regulator for the technology.
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April 15, 2026
Enviro Groups Back Garden State's Bid To Block ICE Facility
A coalition of environmental groups and community residents asked a New Jersey federal court for permission to file an amicus brief supporting the Garden State's bid to halt the conversion of a warehouse to a U.S. Immigration and Customs Enforcement detention center, offering their perspective on the local environmental threats of the project.
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April 15, 2026
Judge Limits Evidence In Revived Deloitte Trade Secret Case
A West Virginia federal judge has narrowed the evidence prosecutors can present at trial in a revived trade secret case against two former Deloitte employees, curtailing use of an internal investigative report from the company they joined and restricting how "trade secrets" may be used to describe allegedly confidential materials.
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April 15, 2026
NJ Towns Urge 3rd Circ. To Revive Suit Over Housing Law
A group of New Jersey municipalities and elected officials told the Third Circuit they have Article III standing for their tossed suit against the state government over a 2024 law that they claim unfairly forces them to rezone areas for affordable housing.
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April 15, 2026
UBS Must Reveal Atty Comms In Ex-Trader's $400M Libor Suit
A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.
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April 15, 2026
Ad Agencies Settle FTC's 'Brand Safety' Boycott Claims
The Federal Trade Commission reached a deal on Wednesday with WPP, Publicis and Dentsu over concerns that "brand safety" standards allowed them to collude to steer ad money away from disfavored platforms.
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April 15, 2026
Jury Finds Live Nation Monopolized Concert Ticketing
Live Nation and its Ticketmaster subsidiary harmed competition in the live entertainment sector by willfully monopolizing ticketing services to major concert venues and unlawfully tying artists' use of large amphitheaters to Live Nation's promotional services, a Manhattan federal jury found on Wednesday.
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April 15, 2026
ICE Arrest Memo Switch Looks 'Specious,' Judge Says
A Manhattan federal judge on Wednesday revived an effort by civil rights groups to block immigration courthouse arrests, citing what he called an apparently deceptive Trump administration move to disclaim its earlier litigation position.
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April 15, 2026
Biopharma Co. Says Ex-Worker Used Files To Build AI Rival
A biopharmaceutical consulting firm's ex-contractor illegally downloaded thousands of proprietary internal files and emails that he then used to launch a rival company powered by artificial intelligence, the firm claimed in a lawsuit, alleging that the former contractor violated federal trade secrets law.
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April 15, 2026
FCC Names New Carveouts From Router And Drone Bans
The Federal Communications Commission is admitting that it once again may have been too hasty in putting all foreign-made routers and drones on the so-called covered list of technology deemed to be a risk to national security, and it will be carving out some exceptions.
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April 14, 2026
NAACP Sues Musk's XAI Over Data Center Pollution In Miss.
The NAACP sued Elon Musk's artificial intelligence company, xAI, Tuesday in Mississippi federal court over a Memphis, Tennessee-area gas power plant powering its data center, claiming it failed to secure permits for the plant, which emits "dangerous pollutants" affecting communities with "significant Black populations."
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April 14, 2026
Google Sued By Rival Over 'Interrelated Web' Of Monopolies
Google's "anticompetitive chokehold" over Android app distribution and in-app billing markets has kept Portugal-based Android app store alternative Aptoide from being able to compete with the tech giant, Aptoide alleged in a complaint filed Tuesday in California federal court challenging Google's "interrelated web" of monopolies.
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April 14, 2026
American Flag Seller Settles FTC's False 'Made In USA' Claims
The Federal Trade Commission announced Tuesday that it has reached settlements with three businesses, including a company that sells American flags and other patriotic products, over claims that they falsely advertised and labeled products as "Made in the USA."
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April 14, 2026
2 Bills To Shield Kids From Online Harms Clear Senate Panel
A pair of bipartisan legislative proposals to boost online safeguards for children sailed through a key U.S. Senate committee Tuesday, including a measure that would require social media platforms to display clear mental health warning labels each time a user accesses the service.
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April 14, 2026
Armistice Capital Used COVID To Juice Vaxart Stock, Jury Told
Hedge fund Armistice Capital and two of its executives exploited the COVID-19 pandemic to issue press releases that falsely inflated their controlling share in pharmaceutical company Vaxart, then dumped the shares for $250 million before the bottom fell out, investors told a California federal jury at the start of trial Tuesday.
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April 14, 2026
4th Circ. Revives Pharma Bid To Block Maryland's 340B Law
A split Fourth Circuit panel on Tuesday tossed a Maryland district court's order denying a preliminary injunction to pharmaceutical manufacturers that have challenged a state law addressing drug delivery in the federal 340B discount program, pointing to its recent ruling that West Virginia's similar statute is likely preempted.
Expert Analysis
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Getting The Most Out Of Learning And Development Programs
Excerpt from Practical Guidance
Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.
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OCC Rule Tests Nonfiduciary Powers Of Trust Banks
The Office of the Comptroller of the Currency's updates to its final rule on national bank chartering, effective April 1, may augur a showdown between the OCC, states and traditional banking institutions over both the authority of national trust banks to engage in nonfiduciary activities under the National Bank Act, and the scope of federal preemption, says Audrey Carroll at Stinson.
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AI And Threats To Privilege In Financial Sector Probes
The recent spotlight on the potential for artificial intelligence platforms to serve as a source for discoverable information is especially important for financial institutions to understand, as the industry navigates increasingly complex regulatory expectations and AI tools become embedded in investigative efforts, say attorneys at Jackson Lewis.
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How Cos. Can Prepare For California's Textile Recovery Act
Staged implementation of California's Responsible Textile Recovery Act, establishing the state's first extended producer responsibility program for apparel and textile articles, has begun — and companies that review their data readiness, contracts and exposure risks now will be best prepared when the act comes into full effect, says Thierry Montoya at FBT Gibbons.
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'A-C-T' Agenda Signals New Regulatory Era At SEC Speaks
At this year's SEC Speaks, U.S. Securities and Exchange Commission Chairman Paul Atkins unveiled his ambitious A-C-T agenda — advance, clarify and transform — to align the federal securities regulatory regime with modern markets, illustrating that the conference was not merely a status update but an action plan, say attorneys at Perkins Coie.
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Opinion
AI Presents A Make-Or-Break Moment For Outside Counsel
The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.
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1st AI Acquisition Regulation Raises Contractor Concerns
The General Services Administration’s recently published contract clause addressing artificial intelligence systems is problematic in a number of ways, underscoring the complex legal and practical issues that will need to be addressed as AI becomes more widely deployed in federal contracting, say attorneys at Haynes Boone.
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State Carbon Cost Disparities Are Pivotal In Data Center Siting
When choosing U.S. data center locations, developers must carefully consider the patchwork of state and regional carbon emission pricing regimes that are layered on top of the federal permitting framework, creating compliance cost differentials that could add up to billions of dollars, say attorneys at Davis Graham.
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8 Tariff Refund Questions For Restructuring Professionals
For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.
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Grammarly Suit Flags Right Of Publicity As Key AI Issue
Angwin v. Superhuman Platform, filed recently in New York federal court against the parent company of Grammarly, highlights an overlooked question for any company using artificial intelligence — whether someone's identity has been used for commercial purposes without consent, possibly violating rapidly shifting state right-of-publicity laws, says Nicholas Schneider at Eckert Seamans.
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Defense Deals Can Trigger Extra HSR Filing With The DOD
Certain aerospace, defense and national security M&A transactions will require a concurrent Hart-Scott-Rodino Act filing to the U.S. Department of Defense, and practice tips for navigating this extra filing include early analysis of competitive implications of sector deals and planning for concurrent filings, say attorneys at White & Case.
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Navigating Life Sciences Deals Amid Heightened Scrutiny
With pricing reform initiatives, national security legislation and evolving trade policy currently contributing to meaningful uncertainty for life sciences companies, it is important to proactively structure deals to avoid downstream complications, say attorneys at Cooley.
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Series
Watching Hallmark Movies Makes Me A Better Lawyer
I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.
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Keys To Federal Carbon Compliance In Data Center Siting
Recent statements from the White House and state governors about making data centers pay for their own power infrastructure have underlined the importance of choosing locations, generation technologies and deal structures to optimize carbon, permitting and compliance costs, say attorneys at Davis Graham.
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NY Bill Elevates Criminal Risk For 'Shadow' Crypto Firms
New York's proposed CRYPTO Act would expose unlicensed digital asset operators to criminal penalties ranging from state misdemeanor charges to felony convictions, potentially marking a significant shift in how New York — already among the most aggressive crypto regulators — oversees virtual currency businesses, say attorneys at Crowell & Moring.