Corporate

  • October 29, 2026

    Judge 'Put Off' By Atty Fee Bid In $59.5M Menstrual App Deal

    A California federal judge said Thursday that he'll give final approval to a $59.5 million settlement resolving class claims over a menstrual tracking app sharing sensitive health data with Google, but he cut the $19 million attorney fee request by 5%, saying counsel is "taking money out of consumers' pockets."

  • October 29, 2026

    Investors Awarded $3M Over Miscalculated Oil Co. Warrants

    A Delaware Chancery Court judge ruled Thursday that QuarterNorth Energy Inc. owes investors led by Mudrick Capital Management LP and Ellington Management Group about $3 million after the oil producer miscalculated warrant adjustments following a $200 million dividend.

  • October 29, 2026

    Weil's Collapse Ends Firm's Long Run As Bankruptcy Leader

    Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.

  • October 29, 2026

    Colo. Judge Blocks Coors' Supplier From Exiting Contract

    Beer brand supplier Constellation Brands Inc. cannot terminate its 18-year-long distribution contract with Coors Distributing Co. LLC until arbitration can occur as mandated under the companies' agreement, a Colorado state judge ruled.

  • October 29, 2026

    Fla. Court Dismisses Ex-School GC Grand Jury Secrecy Case

    A Florida state court Thursday tossed an indictment alleging a former school general counsel unlawfully violated the secrecy of a grand jury convened after the 2018 Parkland school shooting after the state's highest court declined to hear prosecutors' appeal to reinstate criminal charges earlier this week. 

  • October 29, 2026

    Tech In-House Attys Say AI Rivals Humans At Writing Patents

    Current and former in-house counsel from Google and Meta said at a conference Thursday that the ability of artificial intelligence to write patent applications is rapidly improving, and that in blind tests, experienced attorneys often deem AI-drafted patents to be superior to those from humans.

  • October 29, 2026

    Fertility Cos. Accused Of Moving Eggs Without Consent

    A national fertility clinic network has been hit with a suit in Los Angeles Superior Court alleging it jeopardized a 50-year-old woman's ability to have a biological child by transporting her frozen eggs across state lines to an automated facility without her permission.

  • October 29, 2026

    Tort Reform Helps Walmart Upend Loss In Fall Case

    A Georgia appeals court on Thursday backed Walmart's bid for a new trial in a slip-and-fall case in which a woman won a $975,000 verdict, saying her attorneys' references to monetary values for pain and suffering during closing arguments didn't fly under a 2025 amendment to state law.

  • October 29, 2026

    Treasury Asked To Narrow Crackdown On Fund Strategies

    The U.S. Treasury Department should develop targeted rules distinguishing abusive transactions from long-standing investment management practices in new enforcement that scrutinizes novel strategies exploiting the tax benefits of certain investment vehicles and financial products, firms and organizations told the department.

  • October 29, 2026

    Block Investors Win Cert. In Biz Growth, Compliance Suit

    A California federal judge has certified a narrowed class of investors in Block Inc., the parent company of Square and Cash App, in a suit alleging the company failed to maintain a "strong compliance infrastructure" and misled investors about the growth of Cash App, leading to an 84% stock price decline once the truth came to light.

  • October 29, 2026

    Judge Seems Unswayed By Fears SEC Seeks 'Enemies List'

    A Pennsylvania federal judge on Thursday appeared reluctant to block the U.S. Securities and Exchange Commission's subpoena seeking information about voting advice that proxy adviser Institutional Shareholder Services gives to institutional investors despite ISS' concerns about political retaliation.

  • October 29, 2026

    Fla. REIT Entity Seeks OK To Settle Texas Foreclosure Suit

    A bankrupt Florida-based real estate investment trust's entity and two other companies have asked a Florida bankruptcy court to approve their settlement in a Texas state court lawsuit that involved multiple foreclosed properties in the Texas city of Humble.

  • October 29, 2026

    NLRB Backs Tesla In Workplace Tech Rule Row

    Tesla did not unlawfully maintain a workplace rule restricting the use of its technology at a New York manufacturing plant where employees were organizing, the National Labor Relations Board has found, applying a 2019 ruling the board's former top prosecutor sought to revisit.

  • October 29, 2026

    Cravath, Kirkland Steer $15.3B ADT Take-Private Deal

    New York investment firm Thrive Holdings has agreed to acquire security company ADT in an all-cash transaction for approximately $7.6 billion in equity value and $15.3 billion in enterprise value, ADT announced Thursday.

  • October 29, 2026

    EEOC Eliminates Long-Standing Criminal History Guidance

    The U.S. Equal Employment Opportunity Commission has revoked Obama-era guidance that outlined employers' legal obligations in their use of workers' arrest and conviction records to make employment decisions, the agency announced Thursday.

  • October 29, 2026

    GoFundMe Hires Fiserv Compliance Chief

    GoFundMe has announced it welcomed the chief compliance officer of Fiserv as its own compliance head to lead the fundraising platform's global compliance strategy, following her previous roles at First Data and Citi.

  • October 29, 2026

    Barnes & Thornburg Adds DC, NY Product Liability Partners

    Barnes & Thornburg LLP announced Thursday it has hired two litigation partners who will work with product liability and mass torts matters in New York and Washington, D.C.

  • October 29, 2026

    Delaware Chancery Keeps $8.9B R1 RCM Buyout Claim Alive

    The Delaware Chancery Court has ruled that private equity firm TowerBrook Capital Partners LP and health system Ascension Health Alliance must face a stockholder claim challenging healthcare revenue management venture R1 RCM Inc.'s $8.9 billion take-private deal, finding that their joint investment vehicle qualified as a controlling stockholder despite owning less than one-third of the company's voting shares.

  • October 29, 2026

    Tax Prep Biz Owner, Workers Charged In $177M Fraud Scheme

    An Alabama tax preparation business owner and several of her employees participated in a scheme to submit false tax returns to the IRS seeking more than $177 million in fraudulent federal tax refunds, federal prosecutors said.

  • October 29, 2026

    Ex-ComEd CEO, Lobbyist Signal Plea Deal Over Retrial

    Attorneys for Commonwealth Edison's former CEO and a longtime lobbyist told an Illinois federal judge on Thursday that they are in talks with the government about plea deals rather than an anticipated retrial next year on charges that they conspired to win former Illinois Speaker Michael Madigan's legislative favor in exchange for do-nothing jobs for his allies.

  • October 29, 2026

    5th Circ. Will Review Texas Content-Filtering Law Ruling

    The Fifth Circuit has granted Texas' request for an en banc rehearing of a July panel opinion that partly upheld a block on the state's new law requiring companies to filter content for underage users.

  • October 29, 2026

    Ex-Apple, Intel GC Joins British American Tobacco Board

    British American Tobacco announced Wednesday that a lawyer currently serving as lead independent director of mountain resort company Vail Resorts and a director of software company C3.ai will join its board as an independent nonexecutive director at the start of next year, touting his history in top in-house roles at Apple and Intel.

  • October 29, 2026

    DOL Finalizes Pharmacy Benefit Manager Fee Disclosure Rule

    The U.S. Department of Labor's employee benefits arm unveiled a final rule Thursday that requires pharmacy benefit managers — which act as intermediaries between drugmakers, pharmacies and insurers — to make new disclosures on their fees and compensation to employer-sponsored group health plans.

  • October 28, 2026

    Jury Selection Starts In 2nd Social Media Bellwether In LA

    Jury selection began Wednesday in a California courtroom for the second bellwether trial focused on allegations that major social media companies are harming the mental health of children, with Meta Platforms Inc. returning to the defense table next to Snap Inc., which is facing jurors on the claims for the first time.

  • October 28, 2026

    Ill. Judge Sets Evidence Hearing In Amazon TM Fund Fight

    A Chicago federal judge on Wednesday set an evidentiary hearing for December to investigate whether a trademark lawsuit against 100 online sellers was used to obtain a court order directing Amazon to transfer more than $711,000 in frozen seller funds, some of which the company says were already subject to unrelated restraints.

Expert Analysis

  • Teva, Wyeth Show How Claimed Advances Shape Enablement

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    Two recent Federal Circuit decisions involving method-of-treatment claims — Teva v. Eli Lilly and Wyeth v. AstraZeneca — reached opposite enablement outcomes from strikingly similar procedural postures, but a closer comparison of the cases reveals a three-step framework for understanding the court's reasoning, says Kendall Gurule at Polsinelli.

  • Opinion

    The Time Is Right To Simplify Overlapping Broker-Dealer Regs

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    While the U.S. Securities and Exchange Commission has made an important start to simplifying its rules, legislators should follow and expand on the commission's example by reexamining and removing the unnecessary overlap between SEC, Financial Industry Regulatory Authority and state broker-dealer regulations, says Howard Spindel at Integrated Solutions.

  • Opinion

    Calif. Bill Goes Too Far In Trying To Regulate Attorney AI Use

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    California’s first-in-the-nation act regulating how attorneys and arbitrators use generative artificial intelligence will likely soon become law, but read broadly, the provisions may dissuade lawyers from employing AI at all, thereby depriving them of key work tools, says Joshua Wurtzel at Schlam Stone.

  • Series

    Fintech Regulator Outlook: 5 Lessons From Minnesota

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    Minnesota's recent cryptocurrency kiosk ban and virtual currency custody rules hold several broad compliance lessons: Digital asset companies must map regulated activities, strengthen third-party oversight and engage regulators early to innovate responsibly, says Deputy Commissioner of Financial Institutions Mike Crow at the Minnesota Department of Commerce.

  • Hims & Hers Suit Spotlights Health Data-Sharing Privacy Risks

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    Regulators' complaint against telehealth company Hims & Hers alleging deceptive practices serves as a reminder that the privacy principles developed under consumer protection laws and predating omnibus statutes remain in force, and sensitive data governance continues to be a crucial component of compliance, say attorneys at Venable.

  • 4 Paths To AI Safety Coordination Amid Antitrust Debate

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    Frontier artificial intelligence companies have more room for collective safety work than the debate over an antitrust waiver suggests, with several existing avenues providing different degrees of protection and oversight, says Evan Miller at V&E.

  • A Look At Litigation Risks From Financing The AI Buildout

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    Artificial intelligence infrastructure financing can create gaps between accounting presentation and project-level economic exposure, and those gaps may affect management communications and how accounting experts can reconstruct the financial record when those communications become the subject of a securities dispute, says Erik Johannesson at Brattle Group.

  • Resetting For Success After Corporate Litigation Loses Focus

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    Corporate litigation that has lost strategic coherence may barrel disastrously ahead if counsel’s understanding of the matter drifts from the client’s goals, but cases can be wrenched back on track by diagnosing how facts have evolved, determining where resources are justified and deploying practical strategies for restoring discipline, says Jonathan Morris at Gordon Rees.

  • How Prediction Markets Could Be Used In Securities Litigation

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    Assuming there is enough liquidity, and insider trading concerns are properly addressed, prediction market prices could provide a valuable assessment of market consensus that adjusts faster than existing analysts' forecasts, which could be useful evidence to support securities class action claims, say analysts at Compass Lexecon.

  • How Boards, Lenders Can View ABC Bankruptcy Alternative

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    The broader adoption of the Uniform Assignment for the Benefit of Creditors Act, including Delaware's recent statute, gives boards and lenders a clearer framework for a familiar middle-market problem: companies too small to justify Chapter 11 economics but too complex for an unmanaged shutdown, says Jon Labovitz at Sherwood.

  • How GCs Can Assess The Risks Of Emerging AI Laws

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    Amid a swirl of momentous legislative activity aimed at regulating artificial intelligence, general counsel must return to first principles when determining whether new laws will apply and whether the company’s use could cause regulators to subject it to additional regulation, say attorneys at WilmerHale.

  • 9th Circ. Ruling Marks New Chapter In Risk Factor Tug-Of-War

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    The Ninth Circuit's recent dismissal of a securities fraud class action against SunPower is the latest in a growing line of cases addressing whether, if ever, a company's risk factor disclosures can give rise to potential liability, an area where the law remains unsettled, say attorneys at Alston & Bird.

  • Meta Deal Highlights Advisory Jury Issues, Litigation Risk

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    The $17 billion settlement of youth safety claims brought against Meta offers lessons for all consumer-facing companies because the court made the rare move of empaneling an advisory jury and the case was built on what the company learned from its own studies, says Mark Morgan at McCarter & English.

  • 1 Year And $1B Later, Trade Fraud Remains Key Priority

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    The Trade Fraud Task Force's success obtaining major settlements in its first year, along with the Justice Department signaling long-term commitment to customs enforcement, shows that importers should plan to make global supply chain oversight a board-level priority for years to come, says Kimberly Paschall at Riley Safer.

  • What State AI Election Laws Mean For The 2026 Midterms

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    In the absence of federal rules governing artificial intelligence in elections and no consensus emerging across state laws, campaigns, their vendors and AI developers must address the risks associated with outdated rules written for other problems, says Matthew Shapanka at Covington.

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