Corporate

  • May 04, 2026

    Cormidi Can't Press Trade Claims After Payments, Court Told

    Trade law and contract claims by Cormidi USA Inc., the American arm of an Italian construction and landscaping machinery-maker, have been rendered moot by Wesco Inc.'s debt payments amid a lawsuit accusing two shared executives of self-dealing, Wesco and its owner Robert Testa told a Connecticut state judge Monday.

  • May 04, 2026

    SPAC Says Investor Bought In Knowing $29M Deal Had Failed

    The sponsor of a blank check company linked to energy giant Nabors Industries Ltd. pushed back against an investor suit alleging its top brass unfairly claimed a $29 million settlement despite missing a deadline to merge with another company, arguing the investor bought shares knowing the acquisition already failed.

  • May 04, 2026

    Fintech Cos., States Split On Scope Of Prediction Market Regs

    Fintech platforms have told the U.S. Commodity Futures Trading Commission that few events should be off-limits for trading as the agency crafts rules for prediction markets, while tribes, consumer groups and states are calling on the agency to ban sports markets altogether as off-label gambling.

  • May 04, 2026

    Judge OKs $55M Deal In BP Archaea Suit

    The Delaware Chancery Court on Monday approved a $55.3 million settlement resolving derivative claims that Noble Environmental Inc.'s founders diverted a multibillion-dollar renewable energy opportunity to themselves through Archaea Energy, which BP later bought for $4.1 billion.

  • May 04, 2026

    Trump Broadens Sanctions On Cuban Government

    President Donald Trump has expanded his sanctions regime against Cuba, issuing an executive order targeting Cuban government officials while also implementing second-order sanctions against financial institutions that carry out transactions with sanctioned individuals.

  • May 04, 2026

    Attys Defend $85M Fee Bid Blasted By Judge In Google Deal

    Consumers who pursued an antitrust class action against Google urged the California federal judge who criticized their 98,000 hours billed as "grotesquely bloated" to approve their $85 million fee request, emphasizing Friday that they filed suit a year before state attorneys general joined the case and maintained a leading role in the litigation.

  • May 04, 2026

    Wells Fargo, Law Firm Sued Over Alleged Ponzi Scheme Ties

    Wells Fargo, a California law group and an Arizona investment advisory firm have been hit with a suit in a Texas federal court alleging they aided a purported Ponzi scheme over a purported oil-and-gas industry technology company.

  • May 04, 2026

    Musk Settles SEC Case Over Late Report Of Twitter Ownership

    The U.S. Securities and Exchange Commission agreed Monday to drop a lawsuit accusing Elon Musk of failing to timely disclose his buy up of Twitter shares ahead of a decision to take the company private, agreeing to a settlement through which a trust held by Musk will pay $1.5 million.

  • May 04, 2026

    Managers Of Embattled Easement Say RICO Suit Lacks Details

    Investment fund managers behind a conservation easement donation whose charitable tax deduction was embroiled in litigation asked a Georgia federal court to toss a racketeering suit against them by a pair of investors, arguing the fraud claims do not match the allegations.

  • May 04, 2026

    Atty Seeks Docs To Back Ogletree DQ Bid In Bias Suit

    A Georgia attorney on Monday asked a federal judge to allow discovery related to her bid to have Ogletree Deakins Nash Smoak & Stewart PC disqualified from defending ADT LLC against discrimination claims while concurrently defending Microsoft Corp. in the attorney's own pregnancy bias suit.

  • May 04, 2026

    SEC Investigating Private Credit Market Fraud, Atkins Says

    U.S. Securities and Exchange Commission Chairman Paul Atkins said Monday that the agency is investigating allegations of fraud in the private credit markets as default rates rise and investors are increasingly exiting the space.

  • May 04, 2026

    Buchanan Ingersoll Adds Fox Rothschild Litigator In NY, NJ

    Buchanan Ingersoll & Rooney PC added a new litigation partner in New York and New Jersey from Fox Rothschild LLP who brings decades of experience in complex commercial disputes and high-stakes matters.

  • May 04, 2026

    Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

    Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billion all-stock bid, which "is inferior across multiple dimensions," Two Harbors announced on Monday.

  • May 04, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled a wide-ranging docket of deal disputes, advancement fights, stockholder suits and contract claims, with several matters turning on timing, forum limits and the remedies available when transactions or governance agreements break down.

  • May 04, 2026

    Meta Owes $3.7B For 'Public Nuisance,' NM AG Tells Judge

    New Mexico's attorney general urged a state court Monday to order Meta to pay $3.7 billion to address the "public nuisance" caused by its apps, after a jury previously found the social media giant misrepresented harms to underage users.

  • May 04, 2026

    EBay Is Reviewing Unsolicited $55.5B GameStop Offer

    Online marketplace eBay said Monday it is reviewing a $55.5 billion unsolicited cash-and-stock offer from GameStop Corp., a deal that would combine the companies' major retail and e-commerce platforms.

  • May 04, 2026

    WilmerHale Adds SEC Veteran As Financial Services Partner

    WilmerHale has added a former U.S. Securities and Exchange Commission deputy director as a partner in its securities and financial services department, the firm announced on Monday.

  • May 01, 2026

    Real Estate Recap: Mapping The Affordability Crisis

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a breakdown of federal and state efforts to expand affordable housing and how real estate attorneys are responding.

  • May 01, 2026

    Exxon Ex-CEO Tells Jury Company Didn't Mislead Investors

    Former Exxon Mobil Corp. CEO Rex Tillerson testified Friday that the company followed rules dictating annual reports to investors when it came to detailing its Kearl Lake reserves, telling a jury in Texas federal court that the energy giant did not mislead investors.

  • May 01, 2026

    Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

    The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

  • May 01, 2026

    Employment Authority: Nonprofit Seeks EEOC Chair Probe

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on a legacy advocacy group's recent bid to investigate the actions of the U.S. Equal Employment Opportunity Commission chair, the rise in unfair labor practice case dismissals at the National Labor Relations Board and opposition from business groups over a union-backed proposal to speed up labor contract negotiations.

  • May 01, 2026

    SEC Turns The Spotlight On Nasdaq Delisting Standards

    The U.S. Securities and Exchange Commission has pumped the brakes on a Nasdaq plan to more quickly shuffle low-value companies off its exchange, saying that public feedback has brought forth concerns that the proposal could open smaller companies up to market abuse and would deny their right to appeal an exchange decision against them.

  • May 01, 2026

    Bang Energy Founder Can't Continue Suit Against Atty

    The founder of Bang Energy drinks can't proceed with a lawsuit alleging an attorney manipulated the legal system to strip his control of a real estate company, a Florida federal judge ruled, saying he can't challenge state court rulings with his lawsuit and dismissed the action as a "shotgun pleading."

  • May 01, 2026

    Judge Dubious Of TikTok Bid To Trim Mass. Addiction Suit

    A Massachusetts Superior Court judge appeared skeptical Friday of efforts by TikTok to differentiate its product from Meta Platforms' Instagram, hinting that he is likely to reject the company's bid to dismiss claims in another social media addiction lawsuit brought by Massachusetts.

  • May 01, 2026

    Investors Lose Contract Claims In Del. Over Stock Financing

    The Delaware Chancery Court has dismissed contract-based claims brought by early investors in materials science company Footprint International Holdco Inc., finding that they could not invoke the implied covenant of good faith and fair dealing to add protections to a governance agreement after a disputed financing allegedly wiped out much of the value of their preferred stock.

Expert Analysis

  • 'Made In America' Rules Raise Stakes For Gov't Contractors

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    The convergence of widely varying "buy American" requirements, increased enforcement efforts and continuing regulatory attempts to limit foreign sourcing suggests that government contractors should carefully review their supply chain and country-of-origin compliance to remain competitive, say attorneys at Arnold & Porter.

  • How 2nd Circ. Gave Loper Bright Real Force In SEC Cases

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    The Second Circuit's recent decision in U.S. Securities and Exchange Commission v. Amah offers one of the first clear indications of how courts will operationalize Loper Bright, signaling that long-standing SEC enforcement theories resting on ambiguous definitional provisions are now subject to more rigorous judicial scrutiny, say attorneys at Morgan Lewis.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • Weighing The Practical Implications Of SC Kids' Privacy Law

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    South Carolina's recently enacted Age-Appropriate Code Design Act includes a unique provision: a private right of action for certain violations, but its practical effect remains uncertain, as courts and litigants grapple with complex questions of standing, causation and the definition of actionable harm, say attorneys at K&L Gates.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q1

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    In the first quarter of 2026, New York's banking developments were headlined by initiatives to expand oversight of financial institutions and strengthen consumer protection laws, including a new framework for buy now, pay later lenders, a sweeping debt collection rule and a revised corporate self-disclosure program for financial crimes, say attorneys at Proskauer.

  • Legal Theories In Social Media Verdicts Hold Clues On Impact

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    Although the two verdicts in cases in New Mexico and California involving Meta and Google are being lumped together, they rest on fundamentally different legal theories, and that distinction determines how their effects may be felt in other jurisdictions, says Mark Morgan at Day Pitney.

  • AI Recruiting Suit Shows Old Laws May Implicate New Tools

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    The Fair Credit Reporting Act allegations recently filed in Kistler v. Eightfold AI, are the latest example of broad definitional language in legacy statutes proving far more dangerous to companies deploying artificial intelligence – particularly in hiring – than any purpose-built artificial intelligence regulation, say attorneys at Ogletree.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • What Voluntary Calif. Carbon Reports Show About Compliance

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    While the enforcement of California's S.B. 261 is currently paused due to a Ninth Circuit injunction, more than 130 companies have nonetheless chosen to voluntarily publish climate-related financial risk disclosures, providing a useful snapshot of how the market is interpreting the law's requirements in practice, say attorneys at DLA Piper.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • How SEC And CFTC Are Attempting To End Their 'Turf War'

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    Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.

  • How Justices' GEO Ruling Resets Gov't Contractor Litigation

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    The U.S. Supreme Court’s recent GEO Group v. Menocal decision, holding that government contractors cannot immediately exit cases via interlocutory appeals, may increase litigation costs, strengthen plaintiffs' leverage in settlement negotiations and dampen the government's ability to attract bids on high-risk or sensitive projects, say attorneys at Wiley.

  • FTC Focus: Growing Emphasis On Competition In AI

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    The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.

  • What's Missing From Latest Gov't Claims Against Harvard

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    The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.

  • How Cos. Can Prepare For 'Made In America' Ad Scrutiny

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    The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.

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