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Corporate
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March 06, 2026
Treasury Regs Clarify $1,000 Payments To Trump Accounts
The U.S. Department of the Treasury and the Internal Revenue Service proposed tax guidance Friday for people considering the government's offer to make $1,000 contributions under a new type of individual retirement accounts for children known as Trump accounts.
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March 06, 2026
Taxation With Representation: Slaughter And May, Kirkland
In this week's Taxation With Representation, British insurer Beazley accepts a cash takeover offer from Zurich Insurance Group, a consortium of investors led by Blackrock's Global Infrastructure Partners and the EQT Infrastructure VI fund buys energy company AES, and private equity firm Thoma Bravo acquires third-party logistics provider WWEX.
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March 06, 2026
Pa. High Court Snapshot: AG Powers, Gun Parts, CEO Bonus
The Pennsylvania Supreme Court this month will revisit a ruling on the state attorney general's power over civil suits brought by county-level district attorneys in a case stemming from the Philadelphia and Pittsburgh district attorneys' objections to a $26 billion opioid settlement.
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March 06, 2026
Del. Justices Affirm Genworth's Coverage For Premium Suits
A long-term care insurance provider accused of hiking premiums without notifying customers may recover $45 million in coverage plus millions in pre- and post-judgment interest from its professional liability insurance carriers, the Delaware Supreme Court affirmed.
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March 06, 2026
Companies In Limbo Over Calif. Climate Disclosure Laws' Fate
Companies that do business in California are stuck in no-man's-land as the Golden State implements sweeping laws requiring disclosure of financial risks tied to climate change, at the same time the Ninth Circuit is poised to decide whether to block the laws.
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March 05, 2026
Anthropic Deemed Supply Chain Risk By Pentagon, Vows Suit
The Pentagon has officially informed Anthropic that it is a supply chain risk to the United States' national security, a designation that the artificial intelligence company plans to challenge in court as not "legally sound," according to a statement by Anthropic's CEO on Thursday.
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March 05, 2026
Twitter 'Lied' About Bots, Musk Says At Stock Fraud Trial
Elon Musk continued his testimony in California federal court Thursday in litigation over Twitter investors' claims he publicly trashed the company to get a better deal on his buyout, calling Twitter's claims about bots on the platform "utterly absurd" and contending "they lied in public SEC documents repeatedly."
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March 05, 2026
'Addiction' Became A 'Dirty Word' At Instagram, Jury Hears
A former executive and consultant for Meta testified Thursday in bellwether litigation over claims that its subsidiary Instagram is harmful to children, telling a Los Angeles jury that between his two stints with the company, he saw "addiction" go from an openly researched topic to a taboo "dirty word."
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March 05, 2026
OpenAI Practices Law Without A License, Insurer Alleges
OpenAI is practicing law without a license, according to an insurer's lawsuit filed in Illinois federal court that alleges artificial intelligence platform ChatGPT provided faulty legal advice to a woman seeking disability benefits that led to a breached settlement and a flurry of frivolous court filings.
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March 05, 2026
Apple AirTag Judge Compares Fight To Uber Sex Assault MDL
A California federal judge indicated Thursday that he likely won't certify a class of stalking victims suing Apple for designing AirTags that were susceptible to abuse by stalkers, comparing the case to litigation against Uber Technologies Inc. over driver sexual assaults, which proceeded as coordinated multidistrict litigation rather than a class action.
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March 05, 2026
Grubhub's $24.8M Deal To End Driver Fight Nears Initial OK
A California federal judge told counsel during a hearing Thursday that Grubhub Inc.'s revised $24.75 million settlement to resolve claims it misclassified drivers as independent contractors is "getting closer," but she held off on preliminarily approving the deal and told counsel they must "clean up" aspects of the class notice.
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March 05, 2026
Pfizer Gets OK For $29M SEC Payout From Insider Case
A New York federal judge on Thursday approved a request from the U.S. Securities and Exchange Commission and Pfizer to have $29 million paid out to a Pfizer subsidiary from the roughly $75.2 million distribution left over from a $602 million insider trading deal.
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March 05, 2026
Mom Hit By Tesla-Driving Toddler Can't Undo Trial Loss
A California state appellate panel affirmed a midtrial win for Tesla in a suit brought by a mother who was struck by a Tesla driven by her toddler, saying she used the wrong legal standard to characterize her claim that certain features were defectively designed.
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March 05, 2026
Signal 'Never' Regular Biz Practice, Amazon Tells FTC Judge
Amazon.com Inc. assailed the Federal Trade Commission for accusing the company of using auto-deleting Signal chats and improper privilege claims to hide evidence of rules that created an artificial pricing floor across online retail stores, telling a Washington federal judge that it never hid anything.
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March 05, 2026
TRESemmé Hair Loss Suit Tossed By Judge
A New Jersey federal judge on Wednesday tossed with prejudice a suit alleging that TRESemmé shampoo causes hair loss after the plaintiff's sole expert was barred from testifying as he admitted his opinion was wrong.
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March 05, 2026
Cable Group Wants DC Judge To Freeze US Copyright Fees
The cable industry's main trade group wants a D.C. federal court to order an injunction blocking the U.S. Copyright Office from enforcing an agency rule on how to calculate cable royalties because the rule "cannot be squared with the text of the Copyright Act."
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March 05, 2026
Fed. Circ. Mulls Patents In Penile Implant Trade Secret Win
A Federal Circuit panel on Thursday grilled both sides in a trade secret dispute over penile implants that resulted in an $18.3 million judgment against defendants, repeatedly questioning attorneys about whether existing patents doomed the trade secrets claimed by International Medical Devices and its founder, Dr. James Elist.
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March 05, 2026
XAI Fails To Block California's Disclosure Law
A California federal judge has declined to entertain X.AI LLC's request to block enforcement of a state law that would require artificial intelligence companies to disclose data used in training their models, saying xAI hadn't shown that trade secrets would be implicated by the law.
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March 05, 2026
Intel, Lutnick Face Investor Suit Over Government's 10% Stake
An Intel Corp. shareholder is suing the company's board of directors and Commerce Secretary Howard Lutnick over a deal in which the government received a 10% stake in the company in exchange for releasing billions of dollars in previously agreed-upon funding.
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March 05, 2026
Dorsey & Whitney Adds M&A Team In Southern California
Dorsey & Whitney LLP is expanding in Southern California, announcing Thursday it is bringing in a team to launch a mergers and acquisitions practice in its Orange County office.
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March 05, 2026
Enviri, Veolia's $3B Clean Earth Deal Gets US Antitrust Nod
Enviri Corp. has disclosed the early termination of the waiting period under the Hart-Scott-Rodino Act for its planned sale of Clean Earth to Veolia Environnement SA for more than $3 billion.
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March 05, 2026
Copyright Suit Over TikTok Livestream Software Trimmed
A California federal judge has dismissed some of a lawsuit alleging TikTok copied a company's livestreaming software to create a new feature on the app, trimming a breach of contract claim and a request for statutory damages.
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March 05, 2026
Baker Botts Adds Ex-Edison Electrical Executive To DC Team
Baker Botts LLP has hired a former executive director from the Edison Electric Institute, an association that represents investor-owned electric power companies, where he worked for more than a decade and recently focused on coordinating engagement with federal agencies on climate and energy issues.
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March 04, 2026
Musk Tells Jury 'Biased' Judge Forced His Twitter Buy
Elon Musk testified Wednesday in a California federal trial over Twitter investors' claims that the billionaire tanked the company's stock to get a better deal and said he paid the full $44 billion offer price because the Delaware Chancery judge overseeing litigation over the sale was "extremely biased" against him.
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March 04, 2026
Split 4th Circ. Shields Musk From USAID Deposition, For Now
The Fourth Circuit on Wednesday ruled that Elon Musk and two former U.S. Agency for International Development officials will not, for now, have to testify in litigation ex-employees filed accusing the billionaire of illegally dismantling the foreign aid agency, saying no "extraordinary circumstances" justified the depositions.
Expert Analysis
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An Instructive Reminder On Appealing ITC Determinations
A recent Federal Circuit decision, partially dismissing Crocs' appeal of a U.S. International Trade Commission verdict as untimely, offers a powerful reminder that the ITC is a creature of statute and that practitioners would do well to interpret those statutes conservatively, says Derrick Carman at Robins Kaplan.
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Ruling Puts Guardrails On FTC Merger Filing Rule Expansion
A Texas federal court recently vacated the Federal Trade Commission's overhaul of the Hart-Scott-Rodino premerger notification form, in a significant setback for the antitrust agencies, say attorneys at Reed Smith.
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Coinbase Ruling Outlines Litigation Committee Conflict Risks
The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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Strategies For Effective Class Action Email Notice Campaigns
Recent cases provide useful guidance on navigating the complexities of sending email notices to potential class action claimants, including drafting notices clearly and effectively, surmounting compliance and timing challenges, and tracking deliverability, says Stephanie Fiereck at Epiq.
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Ariz. Uber Verdict Has Implications Beyond Ride-Hailing Cos.
When an Arizona federal jury in Jaylyn Dean v. Uber Technologies recently ordered Uber to pay $8.5 million to a woman who said she was sexually assaulted by her driver, their most important finding — that the driver was Uber's agent — could have huge consequences for future litigation involving platform-based businesses, says Michael Epstein at The Epstein Law Firm.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Opinion
Corporations Should Think Twice About Mandatory Arbitration
The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.
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California's New Privacy Laws Demand Preparation From Cos.
An increase in breach disclosures is coinciding with California's most comprehensive privacy and artificial intelligence legislation taking effect, illustrating the range of vulnerabilities organizations in the state face and highlighting that the key to successfully managing these requirements is investing in capabilities before they became urgent, says Camilo Artiga-Purcell at Kiteworks.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Navigating New Risks Amid Altered Foreign Issuer Landscape
The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.
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Open Questions After Defense Contractor Executive Order
The scope and long-term effects of President Donald Trump’s executive order on the U.S. defense industrial base are uncertain, but the immediate impact is significant as it appears to direct the U.S. Department of Defense to take a more active role in contractor affairs, say attorneys at Morgan Lewis.