Corporate

  • October 17, 2025

    Venezuela's PDVSA Ordered To Pay $2.86B To Bondholders

    A New York federal judge Friday ordered Venezuela's state-owned oil firm Petróleos de Venezuela SA to pay $2.86 billion to bondholders, after ruling last month that defaulted Venezuelan bonds were validly issued under the South American country's laws.

  • October 17, 2025

    DC Circ. Denies DOJ Bid For Shutdown Delay In CFPB Case

    The D.C. Circuit said Friday it will not delay briefing in the Consumer Financial Protection Bureau layoffs case as the government shutdown drags on, rejecting a Trump administration request for a deadline extension tied to the lapse in federal funding.

  • October 17, 2025

    Fragrance Co. Cuts $26M 'Icebreaker' Deal In Price-Fixing Suit

    A proposed class of direct purchasers asked a New Jersey federal judge Friday to preliminarily sign off on International Flavors and Fragrances Inc.'s $26 million settlement, the first "icebreaker" deal cut in sprawling price-fixing antitrust litigation against four major fragrance ingredient makers.

  • October 17, 2025

    Jury Clears Disney Unit Of Bias In '9-1-1' Actor's Vax Firing

    A California federal jury cleared a Disney-owned television unit of religious discrimination Friday for firing an actor from the ABC show "9-1-1" after he refused to receive a COVID-19 vaccination in 2021, finding he did not sincerely hold a religious belief opposing vaccinations. 

  • October 17, 2025

    BNP Must Pay $20M To 3 Sudanese Refugees, NY Jury Finds

    A New York federal jury Friday returned a landmark $20 million verdict against French bank BNP Paribas, finding the bank liable for its role enabling the genocide former Islamist dictator Omar al-Bashir committed against Black African civilians in Sudan.

  • October 17, 2025

    Chamber Urges 5th Circ. To Rehear Ex-Bank CEO's FDIC Case

    The U.S. Chamber of Commerce and other libertarian advocacy groups urged the Fifth Circuit on Friday to reconsider a panel ruling shielding the Federal Deposit Insurance Corp.'s in-house courts from a constitutional challenge, arguing the decision defies U.S. Supreme Court precedent and leaves bank officials "trapped in the bureaucratic machinery" of juryless agency prosecutions.

  • October 17, 2025

    Employment Authority: 3rd Circ. Settlement Ruling Impact

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how a Third Circuit decision could make it easier to settle cases when plaintiffs lodge wage and hour claims under both federal and state laws, how a recent ruling greenlighting a U.S. Equal Employment Opportunity Commission case under the Pregnant Workers Fairness Act highlights the need for training on breastfeeding accommodations and how the Senate labor committee's withholding of a vote on a National Labor Relations Board nominee has clouded the agency's timeline for gaining the quorum it needs to fully function.

  • October 17, 2025

    Justices Urged To Review Circ. Split Over SEC Disgorgement

    A man accused by the U.S. Securities and Exchange Commission of participating in a $6 million pump-and-dump scheme is calling on the U.S. Supreme Court to review a circuit split that he says has created "intolerable confusion" over when the agency can collect disgorgement.

  • October 17, 2025

    Real Estate Recap: Lenders' Inner Circle, '25 Hospitality Deals

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at the real estate deal dynamics influencing the choice of lender counsel, and the law firms that guided the 10-figure hospitality mergers and acquisitions to date in 2025.

  • October 17, 2025

    Boeing Sued Over 737 Crash In South Korea That Killed 179

    The Boeing Co. has been hit with a negligence suit in Washington state court by the families of 14 people killed in the December crash of a 737 at a South Korean airport, facing accusations that the "antiquated" 1960s-era electrical and hydraulic systems resulted in a "massive failure" of the plane and the deaths of 179 people.

  • October 17, 2025

    Newsmax To Build Crypto Reserve With Bitcoin, Trump Coin

    Newsmax Inc. plans to purchase up to $5 million worth of bitcoin and President Donald Trump's meme coin in the coming year, joining the ranks of public companies adding cryptocurrency to their strategic reserve.

  • October 17, 2025

    Ex-SEC Officials Support Activist Investor Before High Court

    Two former U.S. Securities and Exchange Commission members are among those calling on the U.S. Supreme Court to uphold the ability of investors to sue funds over contracts that violate federal securities laws, saying that the SEC does not have the resources to go after every alleged wrongdoer.

  • October 17, 2025

    Workday Says Ex-Atty Doesn't Have A Valid Fraud Claim

    A former in-house attorney for Workday Inc. cannot pursue his claim alleging the company made fraudulent promises about his compensation, Workday has told a California federal judge, saying the attorney is trying to impermissibly repackage a breach of contract claim into a tort claim.

  • October 17, 2025

    Robbins Geller To Steer REIT Investors' Suit Over $787M Deal

    Robbins Geller Rudman & Dowd LLP will lead a proposed class of investors in real estate investment trust Broadmark Realty Capital Inc. who claim they were misled by executives from the REIT ahead of a $787 million merger with Ready Capital Corp. in 2023.

  • October 17, 2025

    Phoenix Suns Minority Owners End Suit, Shift To Countersuit

    Minority owners of the NBA's Phoenix Suns on Friday dropped their Delaware Court of Chancery lawsuit seeking to obtain certain company documents, but said they are now focused on asserting counterclaims of mismanagement and misconduct in a suit filed earlier this week by majority owner Mat Ishbia.

  • October 17, 2025

    Federal Courts To Scale Back Operations Amid Shutdown

    The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.

  • October 17, 2025

    USPTO Head To Take Over Patent Review Institution Decisions

    John Squires, director of the U.S. Patent and Trademark Office, said Friday that he will now make all decisions on whether to institute America Invents Act reviews of patents, including on the merits of the challenge and discretionary issues, in a major overhaul of the review system.

  • October 17, 2025

    Artists Ask To Certify Classes In Google AI Copyright Suit

    A group of artists and writers who claim their copyrights were infringed when Google used their works to train its artificial intelligence model asked a California federal judge to grant them class certification.

  • October 17, 2025

    MGA Fights New Trial On Damages In Doll TM Case

    Toy maker MGA Entertainment wants to appeal a California federal judge's decision calling for a new jury trial to consider whether to award punitive damages to hip-hop moguls Clifford "T.I." Harris and Tameka "Tiny" Harris over a line of dolls called L.O.L. Surprise O.M.G.

  • October 17, 2025

    Covington Adds Former IRS Special Counsel In DC

    Covington & Burling LLP has grown its tax practice in Washington, D.C., with the addition of a former special counsel in the Office of Chief Counsel at the Internal Revenue Service.

  • October 17, 2025

    Utah Fires Motley Rice From Opioid Case

    The state of Utah has fired Motley Rice LLC from representing it in long-running litigation over the opioid crisis, a spokesperson for the Utah attorney general's office confirmed to Law360 Pulse on Friday.

  • October 17, 2025

    Steptoe Hires Corporate, Energy, Transactions Partner

    Steptoe LLP has hired the former lead land use and real estate counsel for Florida's almost $3 billion I-4 ultimate highway reconstruction project, who has joined the firm's Washington, D.C., transactions practice to continue working with energy, infrastructure and real estate development matters.

  • October 17, 2025

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Exxon was hit with a proposed class action alleging its new program to enable automated proxy voting for retail investors is intended to stifle shareholder dissent. Meanwhile, a new survey found that nearly two-thirds of in-house legal departments think they will rely less on outside legal service providers because of generative artificial intelligence. These are some of the stories in corporate legal news you may have missed in the past week.

  • October 17, 2025

    Taxation With Representation: Latham, Kirkland, Wachtell

    In this week's Taxation With Representation, the Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock's Global Infrastructure Partners acquire Aligned Data Centers from Macquarie Asset Management and co-investors; Rayonier Inc. and PotlatchDeltic Corp. merge to create a timber and wood products giant; and a Lone Star Funds affiliate acquires industrial processing equipment provider Hillenbrand Inc.

  • October 16, 2025

    Ripple Pays $1B For Treasury Management Co. GTreasury

    Crypto exchange Ripple announced Thursday that it entered a deal to acquire treasury management systems provider GTreasury for $1 billion.

Expert Analysis

  • 2 Circuit Court Rulings Offer A Class Certification Primer

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    Two recent decisions from the Third and Sixth Circuits provide guidance on the rigorous analysis of predominance that courts might require for class certification, and insights into how defendants might oppose or narrow potential class actions, say attorneys at DLA Piper.

  • Del. Dispatch: Conflicted Transactions And New Safe Harbors

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    Two recent Delaware Court of Chancery decisions involving conflicted transactions underscore that the new safe harbors established by the Delaware General Corporation Law amendments passed in March, going forward, provide a far easier route to business judgment review of conflicted transactions than were previously available, say attorneys at Fried Frank.

  • Supreme Court's Criminal Law Decisions: The Term In Review

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    Though the U.S. Supreme Court’s criminal law decisions in its recently concluded term proved underwhelming by many measures, their opinions revealed trends in how the justices approach criminal cases and offered reminders for practitioners, says Kenneth Notter at MoloLamken.

  • Opinion

    The Legal Education Status Quo Is No Longer Tenable

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    As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

  • The Int'l Compliance View: Everything Everywhere All At Once

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    Changes to the enforcement landscape in the U.S. and abroad shift the risks and incentives for global compliance programs, creating a race against the clock for companies to deploy investigative resources across worldwide operations, say attorneys at Dentons.

  • Unpacking Notable Details From FTC's 'AI Washing' Cases

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    The Federal Trade Commission has brought many cases involving allegedly deceptive artificial intelligence claims over the past couple of years, illustrating overlooked aspects of AI washing generally and a few new types of AI marketing claims that may line up in regulatory crosshairs down the road, says Michael Atleson at DLA Piper.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • Justices' Age Verification Ruling May Lead To More State Laws

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    The U.S. Supreme Court’s recent Free Speech Coalition v. Paxton ruling, permitting a Texas law requiring certain websites to verify users’ ages, significantly expands states' ability to regulate minors’ social media access, further complicating the patchwork of internet privacy laws, say attorneys at Troutman.

  • The Pros, Cons Of A Single Commissioner Leading The CFTC

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    While a single-member U.S. Commodity Futures Trading Commission may require fewer resources and be more efficient, its internal decision-making process would be less transparent to those outside the agency, reflect less compromise between competing viewpoints and provide the public with less predictability, says former CFTC Commissioner Dan Berkovitz.

  • E-Discovery Quarterly: Rulings On Relevance Redactions

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    In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.

  • Opinion

    Section 1983 Has Promise After End Of Nationwide Injunctions

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    After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

  • Now Is The Time To Prep For SEC's New Data Breach Regs

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    Recent remarks from the U.S. Securities and Exchange Commission’s acting director of the Division of Examinations suggest that the commission will support exams for compliance with its new data breach detection and reporting regulations, and a looming deadline means investment advisers and broker-dealers must act now to update their processes, say attorneys at McGuireWoods.

  • Corp. Human Rights Regulatory Landscape Is Fragmented

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    Given the complexity of compliance with nations' overlapping human rights laws, multinational companies need to be cognizant of the evolving approaches to modern slavery transparency, and proposals that could reduce mandatory due diligence and reporting requirements, say attorneys at Simpson Thacher.

  • Impending Quality Control Standards Pose Risks For Auditors

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    Public accounting firms will need to comply with new standards aimed at strengthening their quality control systems by the end of this year, a significant challenge sure to increase costs, individual liability and regulatory scrutiny, say Kelly Bossard at FTI Consulting and Mike Plotnick at King & Spalding.

  • Opinion

    Premerger Settlements Don't Meet Standard For Bribery

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    Claims that Paramount’s decision to settle a lawsuit with President Donald Trump while it was undergoing a premerger regulatory review amounts to a quid pro quo misconstrue bribery law and ignore how modern legal departments operate, says Ediberto Román at the Florida International University College of Law.

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