Corporate

  • November 13, 2025

    Fed Frees SocGen, ICBC From 2018 Enforcement Orders

    The Federal Reserve said Thursday it has lifted a pair of 2018 consent orders against Société Générale SA and Industrial and Commercial Bank of China, ending long-running enforcement actions tied to alleged sanctions violations at the former and alleged anti-money-laundering deficiencies at the latter.

  • November 13, 2025

    Fenwick, WilmerHale Steer $285M Mersana Take-Private Deal

    Pediatric cancer-focused biopharmaceutical company Day One Biopharmaceuticals, led by Fenwick & West LLP, announced plans Thursday to acquire clinical-stage biopharmaceutical company Mersana Therapeutics Inc., advised by WilmerHale, in a take-private deal worth up to $285 million.

  • November 13, 2025

    Rumble Cites Judge's Longtime Friendship With Google VP

    Rumble asked a California federal judge to consider recusal should the Ninth Circuit revive its antitrust lawsuit against Google, citing a yearslong friendship with Google's top in-house litigation chief that involved the judge officiating at her wedding and their ongoing participation in a fantasy football league.

  • November 13, 2025

    Google Says Latest EU Probe Attacks Anti-Spam Efforts

    Google said on Thursday that a new investigation launched by European enforcers into the tech giant's compliance with recently enacted rules for digital markets targets a practice designed to keep spam from infiltrating search results.

  • November 13, 2025

    Contract 'Mystifies' Judge Weighing Ammo Tech Secrets Suit

    A North Carolina Business Court judge appeared mildly vexed at the terms of an employment contract underpinning an ammunition technology trade secrets suit, acknowledging in a Thursday hearing that "it's not the best worded contract in the history of the world."

  • November 13, 2025

    High Court's Tariff Ruling May Trigger Refunds, Reimposition

    Importers are being advised to prepare for potential refunds in the event the U.S. Supreme Court rules President Donald Trump's emergency tariffs are unlawful, leaving questions about how a refund process might play out and whether the duties would be reimposed.

  • November 13, 2025

    Chancery Presses Fox, Investors To End Discovery Fight

    The Delaware Chancery Court pressed Fox Corp. and a coalition of public pension plaintiffs Thursday to break a stalemate over the scope of summary judgment discovery, signaling neither side will be allowed to bottleneck the consequential inquiry into director Jacques Nasser's independence from Fox founder Rupert Murdoch.

  • November 13, 2025

    3rd Circ. Says Quest Didn't Eavesdrop In Data Privacy Suit

    The Third Circuit on Thursday upheld a win for Quest Diagnostics, which beat a class action alleging it inappropriately shared patient data with Meta Platforms through ad tracking software on its website, with the court reasoning that information was not unlawfully collected because it wasn't obtained through eavesdropping.

  • November 13, 2025

    Wachtell-Led Pfizer Closes Metsera Deal Worth Up To $10B

    Pfizer Inc. said Thursday that it has successfully completed its acquisition of Metsera Inc., securing the obesity drug developer after a tumultuous bidding war with Novo Nordisk and court fights that redirected the deal in Pfizer's favor.

  • November 13, 2025

    Del. US Atty Tapped For Acting Role After Interim Term Expires

    Delaware's former interim U.S. attorney has been appointed acting U.S. attorney after the district court declined to keep her as the top federal prosecutor in the First State when her term expired.

  • November 13, 2025

    Advent GC Returns To Ropes & Gray To Co-Lead PCT Practice

    Ropes & Gray LLP announced Thursday that an attorney who left its ranks a few years ago for private equity firm Advent International Corp. is set to return to the firm at the beginning of December as the co-leader of its global private capital transactions practice.

  • November 13, 2025

    Ga. Gov. Elevates Atty To Lead State Enviro Finance Agency

    Georgia Gov. Brian Kemp on Thursday appointed the general counsel and grants division director from the governor's Office of Planning and Budget to serve on the state Environmental Finance Authority as its executive director.

  • November 13, 2025

    Mining Co. Digs At Friend Turned Foe In $7.38B Citgo Battle

    A Bermuda mining company has sued a Canadian counterpart in the Delaware Chancery Court for allegedly using insider information from a confidential bidding alliance to switch sides in a court-run auction of Citgo Petroleum's parent company.

  • November 13, 2025

    Red Bull Faces EU Probe Over Market Abuse Allegations

    The European Commission said Thursday that it had opened an antitrust probe into Red Bull GmbH, saying the energy drink giant may have abused its dominance over the market by trying to stop competing drinks from being sold at retailers.

  • November 13, 2025

    Tesla Fatal Crash Trial Delayed Over Discovery Disputes

    A Florida state judge granted a request Thursday to push back the trial date of a suit against Tesla over a fatal crash and said he would be appointing a magistrate judge to handle the discovery disputes delaying the case.

  • November 12, 2025

    Investor Accuses Cable Provider Of Unfair Buyout Proposal

    A proposed buyout of cable operator WideOpenWest Inc. from its controlling shareholder is under fire in Colorado state court from an investor who claims the company's recent proxy statement fails to disclose the "troubling motivations and conflicts of interest" of WOW's executives and directors.

  • November 12, 2025

    Coinbase To Move To Texas, Citing 'Litigious' Delaware

    Coinbase told the U.S. Securities and Exchange Commission on Wednesday that the cryptocurrency exchange is leaving Delaware to reincorporate in Texas, citing the "increasingly litigious environment in Delaware" and the Lone Star State's recently enacted laws that place numerous restrictions on shareholder suits and help shield executives from investor litigation.

  • November 12, 2025

    Google Spying On Users With Newly Default AI Tool, Suit Says

    Google is illegally tracking its email, chat and videoconferencing users' private communications through its Gemini AI assistant, which the tech giant secretly turned on by default for all users without their knowledge or consent last month, according to a proposed class action filed Tuesday in California federal court. 

  • November 12, 2025

    Biotech Co., Founders Can't Duck $14.3M SEC Payment

    A Colorado federal judge has rejected a biotech startup and two of its founders' bid to reconsider a February order requiring them to pay the U.S. Securities and Exchange Commission more than $14.3 million for overstating their own investments in the company.

  • November 12, 2025

    Valsartan Cancer Expert Blocked, Ending First Injury Trial

    What was set to be the first bellwether case in the sprawling multidistrict litigation over contaminated blood pressure medication Valsartan was decided Monday when a New Jersey federal judge excluded as "pure speculation" the plaintiff's medical expert who testified that the drug caused a patient's liver cancer.

  • November 12, 2025

    Del. Justices Mull Paramount Merger Doc Suit Revival

    An attorney for Paramount Global urged Delaware's Supreme Court on Wednesday to adopt a "very bright-line rule" barring post-document-demand use of unverified reports and confidential news sources to support stockholder suits seeking access to corporate deal books and records.

  • November 12, 2025

    Wells Fargo Inks $84M ERISA Stock Option Suit Deal

    Wells Fargo & Co. will pay $84 million to settle a proposed class action alleging the bank used dividends earned by its employee stock ownership plan, or ESOP, to meet its 401(k) matching obligations, according to the proposed deal filed Wednesday in Minnesota federal court.

  • November 12, 2025

    Copyright Guide Or Policy Change? Project Divides IP Attys

    The American Law Institute's restatements of law, widely regarded as influential reference points for judges and attorneys, are typically yearslong projects that are finished quietly and without much controversy, but one for copyright that concluded this year has diverged from that tradition.

  • November 12, 2025

    Reed Smith Facilitated Jet Repossession Ploy, Suit Claims

    Reed Smith LLP and two of its attorneys are facing claims of improperly facilitating an attempted repossession of an aviation company's plane, purportedly representing the company's lender while actually working for an alternative investment firm angling to seize the plane.

  • November 12, 2025

    Google Tells 9th Circ. Not To Revive Rumble Antitrust Case

    Google urged the Ninth Circuit not to revive Rumble's antitrust suit accusing the tech giant of rigging search results to favor its YouTube unit over the rival video-sharing site, arguing a district court rightly found the claims time-barred.

Expert Analysis

  • 9th Circ.'s Kickback Ruling Strengthens A Prosecutorial Tool

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    The Ninth Circuit's decision last month in U.S. v. Schena, interpreting the Eliminating Kickbacks in Recovery Act to prohibit kickback conduct between the principal and individuals who do not directly interact with patients, serves as a wake-up call to the booming clinical laboratory testing industry, say attorneys at Kendall Brill.

  • Ruling Puts 11th Circ. At Odds With Bankruptcy Courts

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    While an Eleventh Circuit majority recently found in BenShot v. 2 Monkey Trading and Lucky Shot USA that corporate debtors, like individuals, face certain exceptions to discharge under a nonconsensual Subchapter V plan, the ruling not only reverses the lower court, but opposes the holdings of many other bankruptcy courts, say attorneys at McDermott.

  • Unpacking The BIS Guidance On Chinese AI Chip Use

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    In response to May guidance from the Bureau of Industry and Security, which indicates the agency considers a wide but somewhat unclear range of activities involving Chinese integrated circuits to be in violation of its General Prohibition 10, companies should consider adopting enhanced due diligence to determine how firm counterparties may be using the affected chips, says Peter Lichtenbaum at Covington.

  • How New Texas Law Targets ESG Proxy Advice

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    A recently enacted Texas law represents a major shift in how proxy advisory services are regulated in Texas, particularly when recommendations are based on nonfinancial factors like ESG and DEI, but legal challenges underscore the statute’s broader constitutional and statutory implications, say attorneys at Bracewell.

  • 8 Compliance Team Strategies To Support Business Agility

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    Amid new regulatory requirements across the globe, compliance functions must design thoughtful guardrails that help business leaders achieve their commercial objectives lawfully — from repurposing existing tools to using technology thoughtfully — instead of defaulting to cumbersome protocols that hinder legitimate business, says Theodore Edelman at GCE Advisors.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

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    The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.

  • 11th Circ. Ruling Shows Federal Question Jurisdiction Limits

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    The Eleventh Circuit's recent decision in AST Science v. Delclaux shows why it is extremely difficult for litigants to maintain a state law cause of action in federal court under Supreme Court precedent, says Paul Avron at Berger Singerman.

  • Trump Tax Law's Most Impactful Corp. And Individual Changes

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    The One Big Beautiful Bill Act built on and reshaped elements of the Tax Cuts and Jobs Act, including business interest deductions, bonus depreciation and personal income relief, delivering substantial changes to both corporate and individual tax policy, say attorneys at Weil.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Cybersecurity Risks Can Lurk In Gov't Contractor Acquisitions

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    The Justice Department’s recent False Claims Act enforcement activity against Raytheon and Nightwing-related defense contractors demonstrates the importance of identifying and mitigating potential cybersecurity compliance risks when acquiring a company that contracts with the federal government, say attorneys at Foley & Lardner.

  • Trump Tax Law's Most Consequential International Changes

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    The international tax provisions in the One Big Beautiful Bill Act may result in higher effective tax rates for some multinational corporations, but others, particularly those operating in low-tax jurisdictions, may benefit from alignment with global anti-profit shifting efforts, say attorneys at Weil.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • Traditional Venue Theories May Not Encompass Crypto Fraud

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    A New York federal court's recent decision in U.S. v. Eisenberg, overturning a jury verdict against a crypto trader on venue deficiencies and insufficient evidence, highlights the challenges of prosecutions in the decentralized finance space, and will no doubt curtail law enforcement's often overly expansive view of jurisdiction and venue, say attorneys at Venable.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

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    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

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