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December 23, 2025
Judge Says Ashley Stewart Ch. 11 Was Unauthorized
A New Jersey bankruptcy judge on Tuesday dismissed the Chapter 11 case of plus-size clothing retailer Ashley Stewart, saying it had been filed without proper authority by board members appointed in violation of a state court order.
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December 23, 2025
Top Delaware Chancery Cases Of 2025: A Year-End Report
The Delaware Chancery Court closed out 2025 amid a period of institutional uncertainty, as landmark cases addressing fiduciary duty, executive compensation, board oversight and the limits of equitable power unfolded against the backdrop of sweeping legislative changes to the Delaware General Corporation Law.
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December 23, 2025
Ex-Sunoco Atty Joins Greenberg Traurig In Philly
A former Sunoco Inc. chief counsel and one-time adviser for the CEO of the Girl Scouts of Eastern Pennsylvania has returned to private practice at Greenberg Traurig LLP in Philadelphia.
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December 23, 2025
Ex-Oura CEO Pushes To DQ Quinn Emanuel In Firing Suit
The onetime CEO of fitness tracker company Oura Health is pushing to disqualify Quinn Emanuel from representing the smart ring maker in his compensation suit, telling a San Francisco federal judge that he shared confidential information when he consulted with the firm about his claims prior to filing suit.
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December 23, 2025
Car Services Co. Inks $25M Deal In Securities Suit
Driven Brands Holdings Inc. has agreed to pay $25 million to resolve allegations that the company and certain executives misled investors by overstating the success of the integration of its glass repair acquisitions and performance of its car wash businesses.
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December 23, 2025
Rent-To-Own Co. FlexShopper Hits Ch. 11 After Fraud Claims
FlexShopper, a company offering lease-to-own services for appliances and electronics, has filed for Chapter 11 protection in the Delaware bankruptcy court, listing more than $100 million in debt and alleging its former CEO used forged documents to secure financing for the firm before its collapse.
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December 22, 2025
JPMorgan Rips Javice Attys' 'Absurd' Bills For Candy, Booze
JPMorgan has unveiled new details in its ongoing legal fee fight with Charlie Javice, accusing the convicted financial aid startup founder's Quinn Emanuel defense counsel and other firms of billing for "absurd" and "outrageous" expenses, including specialty cocktails, cellulite butter, a Cookie Monster toy and $530 on gummy bears.
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December 22, 2025
FTC Tosses Ban On AI-Fueled Tool For Stifling Innovation
The Federal Trade Commission on Monday threw out a 2024 order that imposed a ban on an artificial intelligence-powered writing assistance service that allegedly enabled its subscribers to generate false and deceptive online reviews, concluding that the prior directive was inconsistent with the Trump administration's current policy against undermining innovation in the emerging AI field.
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December 22, 2025
Delta Pilots Lose Military Leave Class Cert. Bid In 'Close Call'
A Georgia federal judge on Monday denied a class certification bid by Delta pilots claiming they were denied military leave, noting the absence of a named plaintiff to serve as class representative.
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December 22, 2025
Catching Up With Delaware's Chancery Court
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.
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December 22, 2025
Hochul Signs AG James' Bill To Expand Consumer Law
New York Gov. Kathy Hochul has signed into law New York Attorney General Letitia James' legislation to expand the state's ban on deceptive business practices to also protect against unfair and abusive practices, in the first updates to the state's primary consumer protection law in 45 years.
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December 22, 2025
DOJ, SEC Charge 6 In $41M Insider Trading Scheme
Federal prosecutors in New Jersey have charged six people in connection with what the government is alleging are securities fraud schemes that led to at least $41 million in illicit profits from insider trading, as well as gains from manipulating the stock prices of biopharmaceutical companies.
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December 22, 2025
PayPal Pares Bias Suit Over Minority-Focused Economic Fund
A New York federal judge trimmed down a venture capital firm CEO's lawsuit accusing PayPal of discriminating against Asian Americans in a $500 million economic opportunity fund for Black- and minority-led businesses in 2020, allowing two claims against the financial technology company to go forward while tossing a couple of others.
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December 22, 2025
Pa. Court Wipes Out $1B Seat Belt Verdict Against Mitsubishi
A Pennsylvania appeals court on Monday vacated a $1 billion judgment against Mitsubishi in a suit accusing the automaker of causing a motorist's paralysis because of a defective seat belt, saying a new trial is warranted because the jury was given erroneous instructions.
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December 22, 2025
Rivian Shareholder Sues Top Brass Over Post-IPO Pricing
Executives and directors of Rivian Automotive Inc. were hit with an investor's derivative suit accusing them of damaging the company by hiding that its flagship electric vehicles were far more expensive to build than advertised, making price hikes after its initial public offering inevitable.
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December 22, 2025
First Brands Can Access $60M In 'Trapped' Funds
A Texas bankruptcy judge said Monday that auto-parts maker First Brands Group can access about $60 million in cash held by customers or stuck in segregated accounts, while setting up a January hearing to handle the debtor's proposed process to reconcile $3 billion in third-party factoring agreements with pending invoices.
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December 22, 2025
Authors Push For OpenAI Counsel Talks On Pirated Books
A class of authors suing OpenAI over copyright infringement claims has asked a Manhattan federal judge to leave in place a magistrate judge's order for the artificial intelligence startup to turn over its in-house attorneys' communications regarding the deletion of a set of pirated books that were allegedly used to train ChatGPT.
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December 22, 2025
X Corp., Apple, OpenAI Hash Out Antitrust Suit Discovery
X Corp., Apple Inc. and OpenAI Inc. have agreed to run future disputes by a Texas federal judge regarding whether discovery in X's sprawling antitrust suit can be used in a separate suit targeting OpenAI in California.
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December 22, 2025
Ex-Smashburger VP Nabs $1M-Plus Verdict In Age Bias Suit
A former Smashburger vice president secured a $1.15 million jury verdict in his age bias suit alleging the company fired him after he complained that his boss made an ageist comment about a colleague, according to a Texas federal court filing.
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December 22, 2025
OPM Must Face DOGE Data Access Suit
A New York federal judge has denied the U.S. Office of Personnel Management's bid to end a lawsuit claiming it unlawfully gave employment records to President Donald Trump's Department of Government Efficiency, saying its assertion that the alleged privacy law violation "effects" have been "eradicated" is unsupported by the record.
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December 22, 2025
3rd Circ. Permits DOL To Back Honeywell In 401(k) Suit
The U.S. Department of Labor can file a friend-of-court brief supporting Honeywell's position in a worker's fight to revive a proposed class action alleging the company violated federal benefits law, the Third Circuit said Monday.
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December 22, 2025
Hochul Signs Bill Barring Stay-Or-Pay Contracts In NY
New York Gov. Kathy Hochul signed a bill into law that prohibits employers from requiring employees to pay them if they leave the job before a certain period of time through stay-or-pay contracts.
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December 22, 2025
New Class Action Claims CIBC, RBC Rigged Quantum Shares
A Quantum Biopharma investor has filed a proposed class action against several major Canadian banks, accusing them of running a spoofing scheme for years that artificially drove down Quantum's stock price — flooding exchanges with fake sell orders to mislead the market and buy shares at deflated prices, costing ordinary shareholders millions.
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December 22, 2025
Physicist Takes No-Jail Deal To End 'Buffalo Billion' Saga
A New York physicist who over a decade ago allegedly defrauded the Empire State's "Buffalo Billion" development initiative while serving as president of SUNY Polytechnic Institute copped to a conspiracy count Monday in another step toward closing a case that wound its way up to the U.S. Supreme Court.
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December 19, 2025
Meta Mostly Defeats 'Bricked' Devices False Ad Suit, For Now
A California federal judge has explained his decision to toss the bulk of a proposed class action alleging Meta Platforms Inc. deceptively sold video-calling devices it later "bricked" by dropping software support, although he refused to toss an unfair competition claim and gave the consumers the opportunity to take another stab at the complaint.
Expert Analysis
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Regulatory Rollback And Lingering Limbo: The CFPB In 2025
The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.
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The Major Securities Litigation Rulings And Trends Of 2025
The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
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SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26
With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.
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How OECD Tax Update Tackles Mobile Workforce Complexity
The Organization for Economic Cooperation and Development’s recently updated model tax convention — a recalibration of international tax principles in response to an increasingly mobile workforce — should prompt companies to reevaluate cross-border operations, transfer pricing policies and tax controversy strategies, say attorneys at Eversheds.
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Reviewing 2025's Most Pertinent Wiretap Developments
2025 was a remarkable year in the world of web tracking wiretapping litigation, not only for the increased caseload but also because of numerous developing theories of liability, with disputes expected to continue unabated in 2026, say attorneys at Squire Patton.
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Del. Dispatch: Key 2025 Corporate Cases And Trends To Know
The Delaware corporate legal landscape saw notable changes in 2025, spurred by amendments to the Delaware General Corporation Law, ubiquitous artificial intelligence fervor, boardroom discussion around DExit, record shareholder activism activity and an arguably more expansive view of potential Caremark liability, say attorneys at Fried Frank.
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Series
Nature Photography Makes Me A Better Lawyer
Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.
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2025 Brought A New Paradigm For Federal Banking Regulation
A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.
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How Cos. Can Roll With NY's New Algorithmic Pricing Rules
Despite uncertainty from New York’s new ban on artificial intelligence and computer algorithms for setting rents, and efforts to further restrict individualizing prices based on consumers' personal data, property managers, software providers and merchants can take several steps to stay compliant, say attorneys at Foley & Lardner.
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Series
Law School's Missed Lessons: Practical Problem Solving
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.
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How CFTC Enforcement Shifted In 2025 And What's Next
The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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9th Circ. Ruling Clarifies Auditor Liability For IPO Errors
The Ninth Circuit's recent decision in Hunt v. PricewaterhouseCoopers elucidates the legal standard for claims against auditors in connection with a company's initial public offering, confirming that audit opinions are subjective and becoming the first circuit to review this precise question since the U.S. Supreme Court's 2015 Omnicare ruling, say attorneys at Morgan Lewis.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.