-
May 08, 2026
The IRS should issue more guidance on what kind of debt arrangements can limit a development project's access to clean energy tax credits under new prohibited foreign entity requirements as uncertainty over financial liability and ownership becomes a major market concern, practitioners said Friday.
-
May 08, 2026
The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.
-
May 08, 2026
The Federal Trade Commission said Friday that it has warned Pennsylvania-based lender Mortgage Connect to make sure its noncompete agreements comply with the law after information in a lawsuit led the agency to believe the company may have overstepped its boundaries in employment contracts.
-
May 08, 2026
Months after suing Alston & Bird LLP for its alleged role in a $328 million cryptocurrency scam at Goliath Ventures Inc., a proposed class of investors added a number of financial institution defendants and claims to their original complaint.
-
May 08, 2026
Eversheds Sutherland has hired a 16-year veteran of the U.S. Securities and Exchange Commission as a counsel in its U.S. capital markets and investments practice group, the firm said Thursday.
-
May 08, 2026
The Texas Supreme Court on Friday found that oral nicotine pouches are taxable as tobacco products under state law, as they are made from "tobacco substitutes" through a combination of nicotine extracted from tobacco leaves and plant compounds.
-
May 08, 2026
The top official for the U.S. Department of Labor's employee benefits subagency said at a trade association conference Friday that agency investigations will focus on benefit plan managers' loyalty conflicts, including disloyal pursuits of socially conscious investing or diversity goals.
-
May 08, 2026
The U.S. Department of Interior has announced it made 1.4 million acres of federal land available to Alaska to make way for more state energy production, as part of its broader land transfer program under the Alaska Statehood Act.
-
May 07, 2026
A former Buchalter PC shareholder has agreed to pay $71,625 to settle the U.S. Securities and Exchange Commission's allegations he purchased stock ahead of Apollo Global Management's $1.5 billion acquisition of Bridge Investment, which the commission said he was representing in an unrelated matter at the time.
-
May 07, 2026
An online safety expert testified Thursday that Meta would not be unduly burdened by age-verification reforms New Mexico's attorney general is seeking in a $3.7 billion bench trial over harm to teen users of its social media platforms, given that European regulators in recent weeks announced nearly identical demands.
-
May 07, 2026
Agri Stats has agreed to stop putting together certain sales reports for broiler chicken processors to resolve the U.S. Department of Justice's allegations that those reports enabled price-fixing by meat processors, according to an announcement made Thursday.
-
May 07, 2026
Combating "gamesmanship" remains top of mind for the U.S. Department of Justice Antitrust Division as it reviews mergers, according to a New York speech Thursday from acting head Omeed A. Assefi warning parties against "altering" merger notification material or trying to "play games with documents and data."
-
May 07, 2026
The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $150 million from now-defunct GWG Holdings, a publicly traded company for which he served as chairman.
-
May 07, 2026
A bill to regulate crypto markets known as the Clarity Act could be marked up by the Senate Banking Committee as soon as next week, but lawmakers are still finalizing key provisions that could make or break the voting process, policymakers told attendees of the crypto conference Consensus.
-
May 07, 2026
The former president and CEO of the now-defunct Oklahoma-based First National Bank of Lindsay pled guilty to one count of bank fraud for his involvement in making sham deposits in customer accounts and falsifying loan documents, the U.S. Department of Justice said Thursday.
-
May 07, 2026
The NAACP has asked a Mississippi federal judge to block X.AI Corp. from operating a battery of polluting gas turbines in the community of Southaven, asserting it has continued to add turbines to power a nearby data center rather than address permitting violations.
-
May 07, 2026
Fourth Circuit judges appeared dubious Thursday as counsel for Kalshi explained why its "sports event contracts" can only be regulated by the U.S. Commodity Futures Trading Commission rather than state gambling laws, with one judge remarking, "If it quacks, you know, it's a duck. Right? It's gambling isn't it?"
-
May 07, 2026
The state of Louisiana on Thursday defended its standing to challenge telehealth access to the abortion medication mifepristone, telling the U.S. Supreme Court that it has suffered financial and other injuries as mail-order pills flood the state.
-
May 07, 2026
Democratic U.S. senators are calling on the "Big Three" credit bureaus to explain how they're adapting their consumer credit scoring and reporting to account for buy-now-pay-later products, citing concerns about inconsistent tracking of a fast-growing source of everyday purchase financing.
-
May 07, 2026
The top Democrat on the Senate Banking Committee has called on Meta CEO Mark Zuckerberg to provide more information about the company's reported plans to introduce stablecoin-based payment features for its users, accusing it of a "deeply troubling" lack of transparency about the project.
-
May 07, 2026
The U.S. Department of Defense told the D.C. Circuit on Wednesday that Defense Secretary Pete Hegseth acted well within his statutory discretion when he labeled Anthropic PBC a supply-chain risk to U.S. national security, rejecting Anthropic's claims of retaliation.
-
May 07, 2026
A group of Senate Democrats on Thursday condemned the Federal Communications Commission's purported retaliation against ABC for not firing late night host Jimmy Kimmel after his controversial joke about the president and his wife.
-
May 07, 2026
A Virginia federal judge denied Zillow and Redfin's bid Wednesday to toss the Federal Trade Commission's suit accusing the companies of colluding through a $100 million payment to stop competing on multifamily rental listings, ruling that the "fact-intensive nature" of the commission's complaint justifies it surviving past the pleading stage.
-
May 07, 2026
President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the U.S. Court of International Trade said Thursday in a divided opinion.
-
May 07, 2026
Southwest Airlines Co. told a Texas federal judge that a recent order will make both the court and the airline's union "gatekeepers of Southwest's employee relations department," asking Thursday for the court to reconsider its order.