Corporate

  • February 06, 2026

    OpenAI Can Keep Atty Comms Secret After All, Judge Says

    A New York federal judge Friday set aside a magistrate judge's order requiring OpenAI's in-house attorneys to share their internal communications regarding deleted training datasets with authors suing over alleged copyright infringement, holding that the conclusions underlying that decision were "clearly erroneous or contrary to law."

  • February 06, 2026

    Starbucks Gets Mo.'s 'Speculative' DEI Bias Suit Thrown Out

    A Missouri federal judge dismissed the state's suit claiming that Starbucks' diversity policies discriminate based on race and gender, finding that its complaint is "devoid of non-conclusory and non-speculative allegations establishing any actual, concrete and particularized injuries to Missouri citizens."

  • February 06, 2026

    HHS Refers Hims & Hers To DOJ Amid Compound Drug Fight

    U.S. Department of Health and Human Services general counsel Mike Stuart announced Friday that his office referred Hims & Hers Health Inc. to the U.S. Department of Justice for investigation, a day after Novo Nordisk A/S threatened litigation over what it called the telehealth company's "knockoff" version of its popular weight loss drug Wegovy.

  • February 06, 2026

    SpaceX Investing Co. Sued In Del. Over Unlaunched Reports

    A fund that pumped $10 million into a company formed in 2022 with the sole purpose of investing in SpaceX sued Friday in Delaware's Court of Chancery for breach of contract, citing repeated failures to deliver required financial reports and observing that past demands have been met with documents stamped "Draft."

  • February 06, 2026

    Google, Meta Get A Jury In 1st Social Media Mental Health Trial

    A jury was seated Friday in the first California bellwether trial over claims that Google's YouTube and Meta's Facebook and Instagram platforms harm young users' mental health, with the trial to begin Monday in Los Angeles and Meta Platforms CEO Mark Zuckerberg expected to be one of the first witnesses.

  • February 06, 2026

    Real Estate Recap: Data Center Moratoriums, Fraud Detection

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the states that may pump the brakes on data center construction and what private real estate lenders should know about fraud risk.

  • February 06, 2026

    Fla. Real Estate Developer Looks To Escape PE Fraud Suit

    A real estate developer urged a Florida federal court on Thursday to toss a lawsuit brought by former private equity business partners alleging at least $25 million fraud, saying the complaint is a "hodgepodge of mutually exclusive theories" that claim ownership and divestment of several investment companies at the same time.

  • February 06, 2026

    Employment Authority: Risk Still Dogs RIFs After EEOC Shift

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how the U.S. Equal Employment Opportunity Commission's about-face on a popular liability theory doesn't erase risk for companies conducting reductions in force, how the Federal Mediation and Conciliation Service is faring these days and what the National Mediation Board exercising jurisdiction over SpaceX means for the company. 

  • February 06, 2026

    MeridianLink Sued In Del. For Share Price In $2B Acquisition

    Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.

  • February 06, 2026

    TPG Hid Exactech Defects To Dodge Liability, Trust Alleges

    The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018, concealing the implants' defects, delaying product recalls and pushing the company into Chapter 11 to avoid liability.

  • February 06, 2026

    Ex-Yale New Haven Hospital Exec Drops Covenant Payment Suit

    A Connecticut federal judge has accepted a deal to dismiss a lawsuit claiming Yale New Haven Hospital withheld $994,000 in contractually required payments to its former chief operating officer, but said the parties can reopen the dispute if they need the court's intervention.

  • February 06, 2026

    SEC Alleges Pharma Co. Misled Investors About Cancer Drug

    The U.S. Securities and Exchange Commission is suing a Kentucky pharmaceutical company for securities fraud based on claims that the company raised $4.1 million by lying to investors about the status of its cancer treatment drug.

  • February 06, 2026

    Shake Shack Governance Suit Headed For Dismissal In Del.

    A stockholder lawsuit challenging Shake Shack Inc.'s corporate governance arrangements is set to be dismissed after the parties jointly asked the Delaware Court of Chancery to end the case, cutting off the named plaintiff's claims while preserving the ability of other stockholders to bring similar suits later.

  • February 06, 2026

    4th Circ. Says Trump Anti-DEI Orders Are Constitutional

    The Fourth Circuit on Friday lifted a block on President Donald Trump's executive orders that terminated federal diversity, equity and inclusion programs and aimed to encourage government contractors to do the same, saying it's not the court's role to determine if the directives are "sound policy."

  • February 06, 2026

    FTC Scrutinizing Merger Creating $22B Chip Giant

    Skyworks and Qorvo disclosed that the Federal Trade Commission had kicked off an in-depth probe that pumps the brakes on the two leading U.S.-based semiconductor-makers' plans to merge into a $22 billion industry giant.

  • February 06, 2026

    Ricoh Will Pay $1.75M To End 401(k) Forfeiture, Fee Suits

    Ricoh USA Inc. has agreed to pay $1.75 million to end two proposed class actions from ex-workers alleging the technology company allowed excessive fees, offered underperforming investments and misspent forfeitures from its $2 billion employee 401(k) retirement plan, according to filings in Pennsylvania federal court.

  • February 06, 2026

    Beasley Allen Disqualified From NJ Talc Multicounty Litigation

    A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faegre Drinker Biddle & Reath LLP lawyer's collaborative efforts with the firm's attorneys violated ethics rules.

  • February 06, 2026

    Judicial Guide Takes 'Guesswork' Out Of Mass. Biz Litigation

    The latest version of "BLS Bench Notes," a kind of cheat sheet for attorneys practicing before Suffolk County's Business Litigation Session in Massachusetts, compiles advice from judges on everything from the format of filings to the use of artificial intelligence.

  • February 06, 2026

    Holland & Knight Adds Troutman Atty In Financial Services

    Holland & Knight LLP announced the hiring of a former partner at Troutman Pepper Locke LLP for its financial services practice group in New York.

  • February 06, 2026

    Insulet Gets $14.9M Fee Award For Trade Secret Trial Win

    A Massachusetts federal judge awarded Insulet Corp.'s attorneys almost $15 million for their $452 million jury trial victory in a trade secrets dispute that was later reduced to $59.4 million, but the fees Goodwin Procter LLP netted were significantly less than the nearly $25 million it requested.

  • February 06, 2026

    5th Circ. Nixes 50-Year Ponzi Sentence Due To Misinformation

    A former Texas lawyer who lost millions of dollars belonging to his clients as part of a sweeping Ponzi scheme has had his 50-year prison sentence vacated, after the Fifth Circuit agreed he was misled by the lower court regarding the maximum time he could face.

  • February 06, 2026

    Taxation With Representation: Gibson Dunn, S&C, Wachtell

    In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence company xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires Webster Financial Corp.

  • February 06, 2026

    Mangione's NY State Trial Set for June, Before Feds' Case

    A New York state court judge said Friday that Luigi Mangione's state murder charges will go to trial this summer ahead of his federal case, waving off concerns from defense counsel about the difficulty of trying the state case three months before a federal trial.

  • February 06, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Attacks on alleged anticompetitive behavior took the spotlight in the past week, with a federal jury ordering medical device maker Medtronic to pay $382 million for its monopolistic practices, including bundling sales and punishing customers for using rival products. And the Federal Trade Commission warned 42 law firms that participating in the Diversity Lab's diversity, equity and inclusion program could constitute anticompetitive collusion.

  • February 06, 2026

    Tobacco Cos. Clash Over Florida Settlement Costs

    A duel involving major tobacco manufacturers has hit the Delaware Chancery Court as Philip Morris USA Inc. is bringing an equitable challenge that it says was left unresolved after it was barred from intervening in earlier litigation between Reynolds American Inc. and ITG Brands LLC over tobacco settlement payments owed to Florida.

Expert Analysis

  • Class Actions At The Circuit Courts: January Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five rulings from October and November, and identifies practice tips from cases involving consumer fraud, oil and gas leases, toxic torts, and wage and hour issues.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • What Businesses Offering AI Should Expect From The FTC

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    The Federal Trade Commission's move to reopen and set aside an administrative order against Rytr shows that the FTC is serious about executing on the administration's Artificial Intelligence Action Plan, and won't stand in the way of businesses offering AI products with pro-consumer, legitimate uses, say attorneys at Reed Smith.

  • Crypto-Asset Strategy For Corporate Legal Leaders In 2026

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    As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.

  • What US Cos. Must Know To Comply With Italy's AI Law

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    Italy's newly effective artificial intelligence law means U.S. companies operating in Italy or serving Italian customers must now meet EU AI Act obligations as well as Italy-specific requirements, including immediately enforceable criminal penalties, designated national authorities and sector-specific mandates, say attorneys at Portolano Cavallo.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • How 2025 Recalibrated Fair Use For The AI Era

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    Although the Second Circuit's decision last year in Romanova v. Amilus Inc. did not involve artificial intelligence, its formulation of relevant fair use factors provides a useful guide for lower courts examining AI cases in 2026, demanding close attention from legal practitioners on both sides of these disputes, say attorneys at Cleary.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Patent Applicants Must Get Biologics Enablement Right

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    As artificial intelligence increasingly becomes a core driver in drug discovery, it is critical for drug companies to adapt their drafting strategies to the unique features of AI-generated inventions, and to pay particularly close attention to enablement standards, says Sanandan Malhotra at Novo Nordisk.

  • 2026 Int'l Arbitration Trends: Awards Against Sovereign States

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    The enforcement of arbitral awards against sovereign states is one of the most contentious and rapidly evolving areas in international arbitration, with three defining issues on the 2026 horizon: the scope of sovereign immunity, assignability of rights, and availability of fraud and corruption defenses, say attorneys at Cleary.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • 5 Compliance Takeaways From FINRA's Oversight Report

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    The priorities outlined in the Financial Industry Regulatory Authority's recently released annual oversight report focus on the organization's core mission of protecting investors, with AI being the sole new topic area, but financial firms can expect further reforms aimed at efficiency and modernization, say attorneys at Armstrong Teasdale.

  • How SEC Civil Penalties Became Arbitrary: 3 Potential Fixes

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    Data shows that the U.S. Securities and Exchange Commission's seemingly unlimited authority to levy monetary penalties on market participants has diverged far from the federal securities laws' limitations, but three reforms can help reverse the trend, say David Slovick at Kopecky Schumacher and Phil Lieberman at Vanderbilt Law.

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