Corporate

  • May 18, 2026

    Madigan Ruling May Offer High Court New Bribery Test

    The Seventh Circuit found enough "overwhelming" evidence last month to sustain the conviction of former Illinois House Speaker Michael Madigan, but a U.S. Supreme Court that's spent years narrowing the reach of public corruption laws may be interested in whether prosecutors proved a sufficiently specific quid pro quo.

  • May 18, 2026

    Ex-Austrian Bank CEO To Plead Out In $170M Odebrecht Case

    The former CEO of Austrian lender Meinl Bank AG who was extradited from the U.K. has reached a tentative deal to resolve criminal charges that he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government, a Brooklyn federal court heard Monday.

  • May 18, 2026

    Comic Gets Serious About Mom's Cancer At J&J Talc Trial

    A comedian who testified Monday at a California bellwether trial over claims that Johnson & Johnson's talc products caused three women's deadly ovarian cancer wiped away tears as he talked about his late mother, saying his emotions are "a little unusual" because he spends most of his time trying not to be serious.

  • May 18, 2026

    P-Funk Founder Sues UMG For $1.1M In Frozen Royalties

    Parliament-Funkadelic frontman George Clinton filed suit Friday in Michigan federal court alleging that music industry giant UMG has illegally withheld more than $1.1 million in royalty payments because of a separate lawsuit pending between Clinton and the estate of Clinton's keyboardist in the U.S. Court of Appeals for the Sixth Circuit.

  • May 18, 2026

    Health Co. Wants Kirkland Off IP Case For 'Cardinal Sin'

    A healthcare company suing medical technology company Commure Inc. over alleged trade secret theft has said Kirkland & Ellis LLP should be disqualified from representing Commure because the healthcare company had tried to retain Kirkland prior to filing the suit and shared confidential information before anyone asked who the defendant was going to be.

  • May 18, 2026

    American Express Hit With 401(k) Target-Date Fund Suit

    Former American Express workers hit the credit card giant with a proposed class action in New York federal court, alleging that underperforming target-date and other investment funds in the company's 401(k) plan — with approximately $9 billion in assets and 40,000 participants — lost workers hundreds of millions in future savings.

  • May 18, 2026

    Moritt Hock Hires Ex-Schwartz Sladkus Atty For Condo Team

    Moritt Hock & Hamroff LLP has hired a former Schwartz Sladkus Reich Greenberg Atlas LLP real estate partner for a partner role on the firm's condominium and cooperative services team in Midtown Manhattan, the firm announced Monday.

  • May 18, 2026

    Amazon Fights Calif.'s Injunction Bid In Antitrust Case

    Amazon is pushing back after California state enforcers accused the e-commerce company of bullying major brands into pressuring competing retailers to raise prices, arguing the case has never involved price-fixing allegations before.

  • May 18, 2026

    K&L Gates Tax Trio Joins Holland & Knight In Dallas

    Holland & Knight LLP announced Monday that three Dallas-based state and local tax attorneys from K&L Gates LLP have joined the firm's tax, executive compensation and benefits practice.

  • May 18, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled a broad mix of celebrity estate litigation, merger disputes, investor suits, record demands, sanctions fights and questions over corporate moves away from Delaware.

  • May 18, 2026

    Feds Move To Drop Adani Group Chair's Criminal Charges

    Federal prosecutors moved Monday to permanently dismiss criminal charges accusing Adani Group Chairman Gautam S. Adani and seven others of orchestrating a $250 million bribery scheme to secure lucrative Indian government renewable-energy contracts while misleading investors about the dealings of an Adani Group subsidiary.

  • May 18, 2026

    OpenAI Beats Musk Suit Over For-Profit Restructuring

    In an advisory decision Monday, a California federal jury cleared OpenAI and executives Sam Altman and Greg Brockman of allegations they breached the nonprofit's charitable trust by converting to a for-profit, handing billionaire Elon Musk a defeat in a closely watched three-week trial that threatened to shake up the artificial intelligence industry.

  • May 18, 2026

    Iowa Aligns With Boosted Fed. Tax Gambling Reporting Level

    Iowa aligned with a higher threshold under federal tax law for determining when state income tax must be withheld on gambling winnings as part of a bill signed by the governor.

  • May 18, 2026

    Attorney Lifts Veil On Jay Peak Visa Fraud Recovery Efforts

    In the decade since the Jay Peak Ski Resort visa fraud scandal surfaced, Jeffrey Schneider, managing partner of Levine Kellogg Lehman Schneider & Grossman LLP, has been serving as counsel to a court-appointed receiver to help secure compensation for hundreds of victims through litigation and settlements with banks, law firms and the state of Vermont.

  • May 18, 2026

    Mangione Can Suppress Some Evidence In NY Murder Case

    A New York judge on Monday narrowed the evidence state prosecutors may use in their murder case against Luigi Mangione, ruling that a gun and silencer may be allowed into trial but not some items found during an illegal search of his backpack and certain statements to law enforcement.

  • May 18, 2026

    Alston & Bird Adds MoFo's Investment Management Co-Head

    Alston & Bird LLP has added the former co-chair of Morrison Foerster LLP's investment management group as a partner in its New York office, the firm announced Monday.

  • May 18, 2026

    Kirkland, McGuireWoods Guide NextEra's $67B Dominion Deal

    NextEra Energy and Dominion Energy said Monday they will merge in an all-stock transaction that combines two of the largest regulated U.S. utilities, in a roughly $67 billion deal steered by Kirkland & Ellis LLP and McGuireWoods LLP. 

  • May 15, 2026

    DC Circ. Has Doubts About Standard General's FCC Bias Suit

    The D.C. Circuit did not seem convinced Friday morning that the Federal Communications Commission was part of a racist conspiracy to kill Standard General hedge fund manager Soo Kim's $8.6 billion merger with broadcaster Tegna due to his race.

  • May 15, 2026

    Real Estate Recap: Infrastructure Districts, UpCodes, Tariffs

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the rising popularity of infrastructure districts to meet funding needs, tech-based solutions for developers to navigate building laws, and one BigLaw leader's view of how tariffs are affecting capital in real estate deals.

  • May 15, 2026

    Co-Founder Of Robocall Company Liable For $4.3M Tax Debt

    A Michigan federal judge on Friday granted the U.S. government's bid to hold the co-founder of a defunct telemarketing fundraiser personally liable for more than $4.3 million in unpaid payroll taxes, finding that he controlled the company's finances and willfully failed to pay the Internal Revenue Service. 

  • May 15, 2026

    Employment Authority: Circuits Sketch Boundaries On DEI

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how federal appellate courts are shaping the boundaries of workplace diversity initiatives amid rising legal challenges, how organized labor is ramping up efforts to influence the use of artificial intelligence on the job and the uncertainty surrounding future overtime rulemaking after the U.S. Department of Labor opted to restore a prior salary threshold rather than introduce a new one.

  • May 15, 2026

    Edwards Investors Sue In Chancery Over $16.4B Stock Drop

    A stockholder has sued Edwards Lifesciences Corp.'s current and former leaders in Delaware Chancery Court, claiming they misled investors about growth prospects for the medical device company's key artificial heart valve business before a July 2024 disclosure wiped out more than $16.4 billion in shareholder value.

  • May 15, 2026

    Hertz Inks $10M Deal To End Investor Suit Over EV Demands

    A Hertz investor asked a Florida federal judge Friday to preliminarily approve a $10 million settlement to resolve claims the car rental company overhyped the demand for electric cars, only later to announce a $200 million earnings hit as it sought to offload the vehicles, causing stock prices to fall.

  • May 15, 2026

    2nd Circ. Judge Flags 'Weird' Objection To $147.5M Deal

    A Second Circuit panelist said Friday that an argument advanced by a group of objectors to a $147.5 million cost-of-insurance settlement is "weird," noting that its logic depends on securing an even better outcome in separate litigation.

  • May 15, 2026

    RideNow Avoids SEC Suit Following Spat With Ex-CEO

    The U.S. Securities and Exchange Commission will not sue powersports vehicle dealership chain RideNow after the agency had investigated its former CEO's use of company resources, although the onetime executive's lawsuit over his contentious departure is ongoing in Delaware state court.

Expert Analysis

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

    Author Photo

    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Calculating Damages In IEEPA Tariff Refund Litigation

    Author Photo

    To calculate damages in the spate of refund litigation triggered by the U.S. Supreme Court's recent decision invalidating tariffs collected under the International Emergency Economic Powers Act, the central question will be how to determine where in the supply chain their economic burden ultimately came to rest, say analysts at Charles River Associates.

  • Mortgage EO Casts Wide Net In Push To Ease Lending Rules

    Author Photo

    A recent executive order targeting mortgage credit access states an intent to promote competition among all types of lenders and is notable for its breadth, resetting regulatory expectations in a number of areas including origination, digitization and licensing, says Kara Ward at Baker Donelson.

  • Opinion

    Judicial Restraint Anchors Constitutional Order

    Author Photo

    Contrasting opinions in two recent U.S. Supreme Court rulings — Trump v. CASA and Bost v. Illinois State Board of Elections — demonstrate how the judiciary’s constitutionally entrusted role can easily be preserved or disrupted, and invite renewed attention to the enduring importance of judicial restraint, says Ninth Circuit Judge J. Clifford Wallace.

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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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'

    Author Photo

    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.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Corporate archive.