Corporate

  • May 15, 2026

    Metal Card Maker Sued Over $5B Deal, Nevada Move From Del.

    A stockholder of the company behind premium metal credit cards has sued in Delaware Chancery Court claiming that a group of investor-directors turned the once-focused card manufacturer into a vehicle for extracting management fees and then tried to move the company to Nevada as litigation pressure mounted.

  • May 15, 2026

    Nursing Home Ch. 11 Trustee Sues Ex-Execs Over Lost Funds

    The trustee for a group of bankrupt Western Pennsylvania nursing homes says four former Comprehensive Healthcare Management Services executives improperly drained the companies of assets that should have been available to creditors, and asked a federal bankruptcy court to claw some of the money back.

  • May 15, 2026

    How US Policy, Capital Flows Are Reshaping Defense M&A

    Defense dealmaking is showing signs of broadening in 2026, with government-backed investment and expanded participation from smaller technology-focused players accelerating transactions even as headline deal values moderate from last year's highs.

  • May 15, 2026

    Former Google Employee Alleges Racial Bias Behind Firing

    A former Google employee sued the tech giant in Illinois state court, claiming he suffered pervasive racial discrimination from his direct supervisor that ultimately culminated in his termination, purportedly for poor productivity, even when he was at a pace to meet or exceed his revenue targets.

  • May 15, 2026

    Trade Probes Likely To Be Strong Bulwark For Trump's Tariffs

    President Donald Trump will likely deploy new tariffs this summer across numerous countries under a law that provides the federal government with its strongest legal footing yet in federal court for a global tariff regime.

  • May 15, 2026

    X.AI Urges 9th Circ. To Block Calif. AI Data Disclosure Law

    Elon Musk's company, X.AI LLC, has asked the Ninth Circuit to overturn a California court's refusal to block a state law that requires artificial intelligence developers to publicly disclose details about their training data, saying the judge's decision was "flawed from top to bottom."

  • May 15, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    PayPal settled with the DOJ to end a probe into what the government agency said was a discriminatory investment program for Black- and minority-owned businesses. Meanwhile, Meta's global head of legal operations during a panel discussion predicted that the billable hour will be the exception — not the rule — in five years. These are among the stories in corporate legal news you may have missed in the past week.

  • May 15, 2026

    4 Key Takeaways From SEC's Semiannual Reporting Proposal

    The U.S. Securities and Exchange Commission recently put forth a plan that could allow publicly traded companies to move from a quarterly to a semiannual reporting schedule, but whether they choose to do so and how that could impact both the growth of the public markets and insider-trading plans for corporate leaders remains up for debate.

  • May 15, 2026

    Proskauer Welcomes 2 New Partners To NY Office

    Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.

  • May 15, 2026

    Rosen Law Owes $286K After Failed Aviation Co. Investor Suit

    The Rosen Law Firm will pay over $286,000 to partially cover the litigation fees and costs of an aerospace company it unsuccessfully targeted with a purportedly "abusive" proposed investor class action, though a Wisconsin federal judge declined to grant the company's entire fee request after holding that it reflected "excessive billing."

  • May 15, 2026

    Marketer Says It Was Pawn In Med Supplier's Crypto Pivot

    A Massachusetts marketing firm says a medical supply company used it to broker a $50 million deal with another supplier, touted the arrangement to investors, then abruptly turned itself into a cryptocurrency business, stiffing the plaintiff out of anticipated commissions.

  • May 15, 2026

    8th Circ. Wells Fargo Ruling Focuses On Establishing Injury

    The Eighth Circuit's recent decision affirming the dismissal of a proposed class action claiming Wells Fargo misspent 401(k) forfeitures won't dissuade workers from filing similar suits, attorneys say, but those plan participants will likely include more details on how they were allegedly hurt.

  • May 15, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

  • May 15, 2026

    Genco Issues Fresh Rejection Of Diana Shipping Offer

    Genco Shipping & Trading Ltd. said Friday it rejected an unsolicited tender offer from Diana Shipping Inc. to acquire all outstanding shares for $23.50 per share in cash, stating that the proposal undervalues the dry bulk shipowner and lacks a control premium.

  • May 15, 2026

    Disney Investor Sues Leaders Over Streaming Targets

    A Disney stockholder has sued current and former company executives in the Delaware Chancery Court, accusing them of misleading investors by chasing unrealistic Disney+ subscriber targets through heavy content spending, international expansion and promotions that allegedly masked the streaming service's true financial condition.

  • May 15, 2026

    Taxation With Representation: Cassels, Ropes & Gray

    In this week's Taxation With Representation, Equinox Gold Corp. and Orla Mining Ltd. announce a merger to create a major gold producer, OpenAI plans to form a company to boost adoption of its software across enterprises and private equity firm Apollo acquires trade show operators Emerald Holding and Questex.

  • May 15, 2026

    EEOC Poised To Scuttle EEO-1 Reporting Requirement

    The U.S. Equal Employment Opportunity Commission is close to ending its annual collection of workplace demographic data now that a proposed rule that would rescind employers' reporting requirements has been sent to the White House for approval.

  • May 14, 2026

    Platinum Execs, Feds Spar Amid $70M Bond Fraud Appeals

    The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.

  • May 14, 2026

    'Who's Telling The Truth?' Musk-OpenAI Fight Goes To Jury

    Elon Musk's counsel urged a California federal jury during trial closings Thursday to find OpenAI breached its charitable trust aided by Microsoft Corp. and slammed OpenAI CEO Sam Altman's credibility, while OpenAI's counsel argued Musk is trying to attack his competitor and urged jurors to ask themselves, "Who's telling the truth?"

  • May 14, 2026

    Authors' Attys Call Anthropic's $1.5B IP Deal Their 'Creation'

    Asked to justify a massive $187.5 million attorney fee request in litigation accusing Anthropic of copyright infringement, counsel for the plaintiff class of authors told a California federal judge Thursday that the resulting $1.5 billion settlement was "the creation of class counsel."

  • May 14, 2026

    Takeda To Pay $13.6M Over Antidepressant Drug Kickbacks

    Takeda Pharmaceuticals will pay $13.6 million to end allegations that it caused false Medicaid claims by providing kickbacks to healthcare providers to push prescriptions of its antidepressant drug Trintellix, the U.S. Department of Justice announced Thursday.

  • May 14, 2026

    Human Reproduction Proves Talc Can Reach Ovaries, Jury Told

    A medical oncologist on Thursday told a Los Angeles bellwether jury considering claims that Johnson & Johnson's talc products caused three women's deadly ovarian cancer that the female reproductive system is an "open" system where talc can migrate to the ovaries, and that "we wouldn't exist" if that was not the case.

  • May 14, 2026

    Google Says DOJ's Search Win Can't Help Yelp Suit

    Google urged a California federal judge on Wednesday not to let Yelp invoke the U.S. Department of Justice's D.C. search monopoly win in the local search provider's own antitrust case, arguing that the two lawsuits look at the interconnection between local and general search through fundamentally different lenses.

  • May 14, 2026

    FINRA Official Says Cooperation Credit Updates Incoming

    The Financial Industry Regulatory Authority's head of enforcement said Thursday that the self-regulating watchdog of brokers will update the credit it offers to firms for cooperation and remediation, amid a broader, ongoing series of efficiency initiatives.

  • May 14, 2026

    Text-Marketing Startup Sued In Chancery Over Stock Dilution

    A Texas investor has sued text-marketing company Voxie Inc. in Delaware Chancery Court, claiming the startup pushed through a new financing round and charter amendment that stripped away negotiated protections for early preferred shareholders without getting their required approval.

Expert Analysis

  • 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.

  • Opinion

    FTC Case Risks Redefining Price Discrimination

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    Federal Trade Commission v. Southern Glazer puts a spotlight on the blurry line between illegal price discrimination and ordinary competition, and could potentially set a precedent that puts nearly any manufacturer at risk of Robinson-Patman Act enforcement, says Jeremy Sandford at Econic Partners.

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