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Corporate
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September 17, 2025
Purdue Can Pay CEO Ch. 11 Bonus After Trimming Comp
A New York bankruptcy judge Wednesday approved a nearly $3 million incentive program for Purdue Pharma's chief executive after he agreed to reduce his total compensation by $500,000.
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September 17, 2025
Walmart's CLO Plans Departure To Pursue 'Next Chapter'
Walmart's chief legal officer, whose seasoned in-house career has included working in the private sector and at senior levels of the federal government, said Tuesday that she will leave her position at the end of the retail giant's fiscal year in January.
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September 17, 2025
Sky-High AI Valuations Are Reshaping Dealmaking Playbook
The latest financing for Anthropic underscores how difficult it has become to dismiss sky-high valuations backing AI as froth, and shows how such numbers could reshape acquisition and exit strategies while exposing investors to heightened legal and financial risks.
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September 16, 2025
Calif. Gov. Taps Consultancy Exec For Privacy Agency Board
A business executive and consultant with "extensive leadership experience" in data privacy and corporate governance has been picked to sit on the five-member board that governs the California Privacy Protection Agency, the regulator said Monday.
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September 16, 2025
Google And AI Co. Sued Over Teen Death, Sexual Content
A chatbot maker with ties to Google was hit with three lawsuits in federal court Monday, two in Colorado and one in New York, by the families of minors who blame the companies for their children's suicide, suicide attempt and exposure to sexually explicit material.
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September 16, 2025
6th Circ. Backs Liability Theory In Kia, Hyundai Car Theft Suits
A split Sixth Circuit panel Tuesday held that a lower court erred in rejecting that Kia and Hyundai could be liable for victims' injuries from crashes involving vehicles stolen amid a TikTok-inspired wave of thefts, finding "theft-related accidents" could be considered "hazards that make a car's design defective.
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September 16, 2025
Fla. Seafood Wholesaler Exec Cops To Fixing Lobster Prices
The vice president of a Miami-based seafood wholesale company on Tuesday pled guilty in Florida federal court to scheming with competitors to fix the prices paid to fishermen for stone crab claws and spiny lobster.
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September 16, 2025
$300M Hyatt Rewards Tax Ruling Criticized By 7th Circ. Judge
A Seventh Circuit judge took issue Tuesday with a U.S. Tax Court's finding that Hyatt should report $300 million in rewards program fund revenue, saying the decision seemed to focus on a factor that was shot down by decades-old legal precedent.
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September 16, 2025
Alleged Uber Assault 'Catalyst' For PTSD Symptoms, Jury Told
A psychologist who treated a woman claiming she was sexually assaulted by her Uber driver told a San Francisco jury Tuesday in a bellwether trial that the alleged 2016 event was the "catalyst" for the post-traumatic stress disorder symptoms the then-college student subsequently displayed.
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September 16, 2025
Strip Club Execs Accused Of Bribing Auditor With Lap Dances
Executives of strip club operator RCI Hospitality Holdings Inc. bribed a tax auditor for more than a decade to avoid paying $8 million in New York City sales taxes, providing him free trips to Florida strip clubs and expensive lap dances, the state of New York alleged Tuesday.
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September 16, 2025
IP Attorneys Aren't Playing Into Pokémon Patent Panic
A patent granted to Nintendo and Pokémon earlier this month has video game players concerned that an entire genre of games could be undermined, yet patent attorneys say it's unlikely the companies would have any success if they chose to assert it.
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September 16, 2025
Texas AG Probes Glass Lewis, ISS On ESG Advice
The Texas Office of the Attorney General launched an investigation into Glass Lewis & Co. and Institutional Shareholder Services Inc., claiming Tuesday the proxy advisory firms misled public companies and institutional investors to push for left-wing social causes.
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September 16, 2025
Meta Loses Bid To Overturn Verdict In Flo Privacy Class Action
A California federal judge has refused to disturb a jury verdict that found Meta Platforms Inc. liable for using an online tracking tool to unlawfully obtain sensitive health data that users entered into the Flo menstrual tracking app, finding that there was nothing to justify reversing this result.
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September 16, 2025
Coinbase Asks DOJ To Push For Preemption In Crypto Bills
Crypto exchange Coinbase has asked the U.S. Department of Justice to advocate for limiting states' authority to regulate the digital asset space in pending crypto market structure legislation, as Coinbase itself continues to battle state actions and navigate disparate licensure regimes.
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September 16, 2025
Okla. Tribe Sues Social Platforms Over Youth Mental Health
The Chickasaw Nation on Monday became the latest Native American tribe to lodge claims against social media giants in California federal court, alleging that the platforms harm their youth who are already at risk of mental health problems and suicidal ideation.
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September 16, 2025
Goldman, Morgan Stanley Beat Archegos Suit At 2nd Circ.
The Second Circuit on Tuesday upheld the dismissal of a lawsuit accusing Goldman Sachs and Morgan Stanley of profiting off insider knowledge that the investment firm Archegos Capital Management was about to collapse, ruling that the companies had no duty to withhold from trading on the information.
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September 16, 2025
Wells Fargo Brass Reach Settlement In 'Sham' Hiring Suit
Wells Fargo investors and executives have told a California federal judge they've reached a settlement in a derivative suit claiming the bank's leadership failed to address the company's discriminatory lending and hiring practices.
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September 16, 2025
Latham, Cooley Lead Ticket Sales Giant StubHub's $800M IPO
StubHub, an online ticket reseller backed by private equity and venture capital firms, is set to hit the public markets Wednesday after pricing an $800 million initial public offering within its targeted range.
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September 16, 2025
PacifiCorp Owes $63M In Latest Wildfire Trial
An Oregon jury on Tuesday ordered utility PacifiCorp to pay $63 million in noneconomic damages to 10 people who fled from a group of 2020 wildfires, after hearing in closing arguments that some plaintiffs "didn't know they were going to make it out."
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September 16, 2025
Starbucks Resolves Swipe Fee Claims With BofA, Mastercard
Starbucks is the latest retailer to settle claims in an antitrust action Tuesday in New York federal court alleging Mastercard, Bank of America and several other financial institutions were part of an illegal scheme forcing merchants to pay excessive fees when shoppers pay with their credit or debit cards.
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September 16, 2025
Biz Groups Ask 9th Circ. To Block Calif. Climate Rules
A coalition of business groups asked the Ninth Circuit to halt two new California climate regulations requiring large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks, while they appeal a lower court's refusal to preliminarily block the rules that they say violate their First Amendment rights.
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September 16, 2025
4th Circ. Revives RICO Claims On Amazon Project Kickbacks
The Fourth Circuit in a published decision Tuesday revived racketeering and other claims from Amazon.com Inc. after two former employees, a real estate developer and an attorney operated a kickback scheme as the company spent hundreds of millions of dollars on a set of data center projects in northern Virginia.
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September 16, 2025
Semiconductor Co. Must Face Pandemic Demand Suit
Semiconductor manufacturer STMicroelectronics cannot escape a putative investor class action accusing it of failing to acknowledge pandemic-related demand declines, with a New York federal judge ruling the suit plausibly alleges that the company omitted material facts in its public statements.
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September 16, 2025
Influencers Walk Back Claim Of Capital One Settlement
Attorneys for a proposed class of social media influencers on Tuesday withdrew a notice of settlement in their suit accusing Capital One of stealing commissions from creators, saying no settlement exists and that they signed the notice on Capital One's behalf without permission.
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September 16, 2025
The Patent Workforce Is Attracting Fewer Attys, More Agents
The pool of patent practitioners registered with the U.S. Patent and Trademark Office has undergone a dramatic shift over the past few decades, with the number of attorneys taking the bar exam decreasing at the same time more patent agents are entering the field.
Expert Analysis
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Evaluating The SEC's Rising Whistleblower Denial Rate
The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.
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State Crypto Regs Diverge As Federal Framework Dawns
Following the Genius Act's passage, states like California, New York and Wyoming are racing to set new standards for crypto governance, creating both opportunity and risk for digital asset firms as innovation flourishes in some jurisdictions while costly friction emerges in others, say attorneys at Sheppard Mullin.
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Parenting Skills That Can Help Lawyers Thrive Professionally
As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.
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Series
Teaching Trial Advocacy Makes Us Better Lawyers
Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers.
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The Crucial Question Left Unanswered In EpicentRx Decision
The California Supreme Court recently issued its long-awaited decision in EpicentRx Inc. v. Superior Court, resolving a dispute regarding the enforceability of forum selection clauses, but the question remains whether private companies can trust that courts will continue to consistently enforce forum selection clauses in corporate charters, says John Yow at Yow PC.
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Why Civil RICO Claims Are Gaining Traction With Plaintiffs
A Texas federal court's recent $71 million verdict in Point Bridge Capital v. Johnson demonstrates that, when used properly, civil lawsuits under the Racketeering Influenced and Corrupt Organizations Act can be a devastating weapon — and increasingly favorable for plaintiffs, says Akiva Shapiro at Gibson Dunn.
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Navigating Brazil's Regulations, Incentives For Green Projects
Brazil's evolving environmental regulatory framework and ongoing moves to attract international capital for climate-focused projects may appeal to U.S.-based companies and investors interested in sustainable development — but taking advantage of these opportunities requires careful planning and meaningful stakeholder engagement, says Milena Angulo at Guimarães.
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Why EpicentRx Ruling Is A Major Win For Business Certainty
The California Supreme Court's recent decision in EpicentRx v. Superior Court removes a significant source of uncertainty that plagued commercial litigation in California by clarifying that forum selection clauses shouldn't be invalidated solely because the selected forum lacks the right to a jury trial, say attorneys at Clark Hill.
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How Sustainability Reporting Changed In The 1st Half Of 2025
Sustainability reporting is evolving rapidly, with fewer S&P 500 companies publishing reports in the first half of 2025 than in the same period last year, suggesting that companies are becoming more selective and intentional about their reporting, say analysts at Orrick.
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9th Circ. Finding That NFTs Are Goods Will Change TM Law
The Ninth Circuit's recent ruling in Yuga Labs v. Ripps establishes that NFTs have real, commercial value under U.S. federal trademark law, a new legal precedent that may significantly influence intellectual property enforcement and marketplace policies regarding digital assets going forward, say attorneys at Wilson Elser.
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Series
Adapting To Private Practice: From Texas AUSA To BigLaw
As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.
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Lessons From Liberty Mutual FCPA Declination
Liberty Mutual’s recent Foreign Corrupt Practices Act resolution with the U.S. Department of Justice signals that the Trump administration is once again considering such declinations after an enforcement pause, offering some assurances for companies regarding the benefits of voluntary self-disclosure, say attorneys at Paul Weiss.
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3 Rulings Show Hurdles To Proving Market Manipulation Fraud
Three recent conviction reversals from New York federal courts highlight the challenges that prosecutors face in establishing fraud and market manipulation allegations, suggesting that courts are increasingly reluctant to find criminal liability when novel theories are advanced, say attorneys at WilmerHale.
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Drafting M&A Docs After Delaware Corp. Law Amendments
Attorneys at Greenberg Traurig discuss how the March and June amendments to the Delaware General Corporation Law affect the drafting of corporate and M&A documents, including board resolutions, governing documents, and books and records demands.
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Advice For 1st-Gen Lawyers Entering The Legal Profession
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.