Corporate

  • August 07, 2025

    7th Circ. Affirms ExxonMobil's Win In Ex-Worker's Bias Suit

    The Seventh Circuit has upheld summary judgment for ExxonMobil in a discrimination and retaliation suit brought by a former employee, saying that, while it was clear she worked in a "toxic" workplace, her allegations weren't supported by the evidence in the record.

  • August 07, 2025

    Student Loan Co. Sued In Chancery Over 'Unfair' Lender Deal

    Stockholders of international student loan provider MPower Financing PBC have filed a lawsuit in Delaware's Court of Chancery to block new "highly dilutive" borrowing from the company's top lenders and stockholders, alleging unfair terms that could hand control to two hedge funds.

  • August 07, 2025

    6th Circ. Halts FirstEnergy Production Of Bribery Probe Docs

    The Sixth Circuit on Thursday prevented shareholders of FirstEnergy Corp. from immediately accessing investigative documents prepared by BigLaw firms in the wake of a $1 billion bribery scandal, ruling that the utility company was likely to succeed in its claims that the disclosures were protected by attorney-client privilege.

  • August 07, 2025

    HHS Wins Another Round In Medicare Drug Negotiation Battle

    A Texas federal court dealt another blow to the pharmaceutical industry Thursday when it ruled in favor of Medicare's Drug Price Negotiation Program, turning away arguments that the program is unconstitutional — the third such decision in two days.

  • August 07, 2025

    Connecticut Litigation Highlights In The 1st Half Of 2025

    Two separate royalty disputes — one $90 million, the other $4 million — involving two giants in the alcoholic beverages market are among the top corporate cases that crossed Connecticut court dockets in the first half of 2025.

  • August 07, 2025

    Del. Court Weighs Final Leads For $13B Endeavor Stock Suit

    In a rare battle of extremes, attorneys for a single Endeavor Group investor urged a Delaware vice chancellor on Thursday to accept their suit challenging the company's $13 billion take-private deal in March over a suit filed by investment giant Icahn Enterprises LP and a multinational bank based in Sweden.

  • August 07, 2025

    Novartis Faces $291M Trade Secrets Suit From Hedge Fund

    A hedge fund on Thursday accused Novartis, a former investment executive and the executive's longtime friend and business partner of scheming to steal its "innovative hedge fund strategy" after an investment deal between the biotech giant and the hedge fund went south. 

  • August 07, 2025

    2nd Circ. Axes Challenge To Medicare Drug Price Negotiations

    In a published opinion Thursday, the Second Circuit turned away Boehringer Ingelheim's constitutional and administrative challenge to the Medicare Drug Price Negotiation Program, finding that the program is voluntary and it was lawfully implemented under the Inflation Reduction Act.

  • August 07, 2025

    Trump 'Debanking' Order Calls For Scrutiny Of Bank Practices

    President Donald Trump on Thursday directed federal regulators to investigate and potentially punish banks if they have turned away customers based on their political or religious beliefs, escalating his administration's crackdown on so-called debanking.

  • August 07, 2025

    Wilson Elser Nabs Former Transpo Safety Board Adviser

    A former team leader for the Federal Motor Carrier Safety Administration who worked with its passenger carrier division on issues involving commercial passenger vehicles like buses and motor coaches has joined Wilson Elser Moskowitz Edelman & Dicker LLP's Washington, D.C., office as an of counsel.

  • August 07, 2025

    Ex-Boston Heart CEO Defends Jenner & Block Fee Bid

    Boston Heart's former CEO is urging the Delaware Chancery Court to order the medical testing company to advance her legal fees to pay Jenner & Block LLP for its defense of her in criminal and civil cases, disputing Boston Heart's claims that the law firm's rates are "grossly inflated."

  • August 07, 2025

    Ex-Data Co. Execs Charged With $25M 'Round Tripping' Scam

    Two executives from bankrupt California data company Near Intelligence Inc. fraudulently inflated the company's revenues by $25 million in a conspiracy that involved a third executive from advertising company MobileFuse LLC, according to a Manhattan federal court indictment unsealed Thursday.

  • August 07, 2025

    Haynes Boone Grows NY Office With Ex-Winston Strawn Atty

    Haynes Boone has added a litigator previously with Winston & Strawn LLP who once headed the Internal Revenue Service's Criminal Investigation division as chair of its financial services investigations and enforcement practice in New York, the firm has announced.

  • August 07, 2025

    Former LVMH Atty Joins Realtors Association's Legal Team

    The National Association of Realtors announced Aug. 7 it has appointed as its vice president of litigation and associate general counsel the former vice president of legal affairs and head of litigation at LVMH Moet Hennessy Louis Vuitton Inc.

  • August 06, 2025

    Masimo Drops Founder Joe Kiani From 'Empty Voting' Suit

    Masimo Corp. has agreed to free its founder, Joe Kiani, from the medical technology company's suit alleging he manipulated a shareholder vote through an "empty voting" scheme, pointing to "the interest of judicial efficiency and economy."

  • August 06, 2025

    Indivior Beats Investor Suit Over Opioid Drug Sales Forecasts

    A Virginia federal judge Wednesday tossed an investor class action accusing drugmaker Indivior PLC of overstating the financial prospects of its drugs used to treat opioid use disorders and its ability to forecast such financial projections, finding, among other things, that the complaint's challenged statements are inactionable.

  • August 06, 2025

    Fox Corp. Seeks Del. Court Ruling On Class Suit Discovery

    Fox Corp. attorneys asked a Delaware vice chancellor Wednesday to set boundaries for summary judgment discovery in a derivative suit linking Fox's board and officers to defamation of 2020 election vote tabulation companies, arguing that counsel for stockholders want an "overbroad" probe.

  • August 06, 2025

    Accounting Firm Must Face Ex-Credit Union CEO's Firing Suit

    The largest accounting firm in Connecticut, Whittlesey PC, must face the former CEO of Sound Federal Credit Union's claim that he was fired for following the firm's advice on when to calendar gains from a $1.2 million property sale, a Connecticut trial court judge has ruled.

  • August 06, 2025

    Spinal Implant Co. CEO Avoids Prison After Plea Deal

    The founder and CEO of Massachusetts medical device maker SpineFrontier was sentenced Wednesday to a year of supervised release, the first six months on home confinement, for directing employees to mislead the government about the nature of payments to a surgeon who was using the company's products.

  • August 06, 2025

    Renewable Energy Co. Sued In Del. Over $82M 'Hostage' Loan

    Lenders to the purportedly insolvent, Chicago-based renewable energy venture Hecate Holdings LLC have sued the company in Delaware's Court of Chancery for allegedly breaching an $82 million loan agreement, holding collateral "hostage" and shifting collateral sale proceeds to unsecured accounts.

  • August 06, 2025

    Wells Fargo Worker To Pay $3M To Settle ESOP Class Claims

    A Wells Fargo employee will pay $3 million to resolve claims against her in a class action alleging owners of an electrical component company and managers of its employee stock ownership plan undervalued the plan's shares when the program shut down, according to a filing in Massachusetts federal court.

  • August 06, 2025

    9th Circ. Backs SEC's No-Denials Settlements Rule

    The Ninth Circuit on Wednesday rejected a First Amendment challenge to a decades-old U.S. Securities and Exchange Commission rule that restricts defendants who settle securities law charges from denying the claims against them, saying the law has "long regarded the voluntary relinquishment of constitutional rights as permissible" with safeguards.

  • August 06, 2025

    Judge OKs Addition Of Kenvue, Janssen To J&J Talc MDL

    A New Jersey federal judge has rejected Johnson & Johnson's challenge to cancer patients' bid to add additional corporate defendants to multidistrict federal litigation over its talcum powder products, finding the additions would not be futile.

  • August 06, 2025

    Amazon IT Unit Accused Of Ousting 'Old, White, Bald Guys'

    A 61-year-old Massachusetts man who worked in information technology sales for Amazon Web Services says he was wrongfully terminated last year as part of an alleged companywide campaign to push out older workers.

  • August 06, 2025

    10th Circ. Partly Revives Ex-Sales Head's Client List Case

    A split panel of the Tenth Circuit partially revived a case from a sales executive against his former employer who claims the company took a customer list, saying the executive had improperly been barred from offering expert testimony on his lost wages.

Expert Analysis

  • Series

    Playing Baseball Makes Me A Better Lawyer

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    Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.

  • Ultra-Processed Food Claims Rely On Unproven Science

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    Plaintiffs' arguments that ultra-processed foods are responsible for the nationwide increase in certain chronic illnesses, though a novel approach to food-based personal injury claims, depend on theories that are still being tested, say attorneys at DLA Piper.

  • APA Relief May Blunt Justices' Universal Injunction Ruling

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    The Administrative Procedure Act’s avenue for universal preliminary relief seems to hold the most promise for neutralizing the U.S. Supreme Court’s decision in Trump v. CASA to limit federal district courts' nationally applicable orders, say attorneys at Crowell.

  • Series

    Ohio Banking Brief: All The Notable Legal Updates In Q2

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    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Building Better Earnouts In The Current M&A Climate

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    In the face of market uncertainty, we've seen a continued reliance on earnouts in M&A deals so far this year, but to reduce the risk of related litigation, it's important to use objective standards, apply company metrics cautiously and ensure short time periods, among other best practices, say attorneys at White & Case.

  • Managing Risks As State AGs Seek To Fill Enforcement Gap

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    Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

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    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • A Look At Trump 2.0 Antitrust Enforcement So Far

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    The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.

  • Reform Partly Modernizes Small Biz Stock Gains Exclusion

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    Changes to the Internal Revenue Code in the One Big Beautiful Bill Act update the qualified small business stock gains exclusion to reflect inflation, but the regime would be more in line with current business realities if Congress had also made the exemption available to additional business structures, says Mark Parthemer at Glenmede.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • Litigation Inspiration: How To Respond After A Loss

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    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • Tips For Cos. From California Climate Reporting FAQ

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    New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.

  • New Interpol Silver Notice Could Be Tool For Justice Or Abuse

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    Interpol has issued dozens of Silver Notices to trace and recover assets linked to criminal activity since January, and though the tool may disrupt organized crime and terrorist financing, attorneys must protect against the potential for corrupt misuse, say attorneys at Clark Hill and Arktouros.

  • How NJ's Proposed Privacy Rules Could Reshape AI Data Use

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    Although not revolutionary, New Jersey's proposed privacy rules would create obligations around the management and processing of consumer personal data that will require careful planning before they can be successfully implemented, say attorneys at Norton Rose.

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