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Corporate
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November 05, 2025
Judge Questions Transfer Of Eaton's $14B Foreign Asset
A U.S. Tax Court judge questioned a former Eaton Corp. official Wednesday about the company's decision to restructure the ownership of a valuable foreign subsidiary when it inverted in 2012, noting that the move placed a $14 billion asset out of the U.S. company's reach.
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November 05, 2025
Virgin Galactic Investors Push For Approval Of $8.5M Deal
Virgin Galactic agreed to pay $8.5 million to resolve a proposed class of investors' accusations that the space tourism company failed to disclose safety issues from two test flights, according to a motion to approve the deal filed Tuesday in New York federal court.
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November 05, 2025
Mallinckrodt Faces Antitrust Suit Over Oxycodone Supply Halt
A generic-drug company has claimed in a lawsuit filed in Pennsylvania federal court that Mallinckrodt LLC and a subsidiary have cut off the supply of active ingredients necessary to make competing drugs that include oxycodone and acetaminophen.
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November 05, 2025
Jones Day Hires Ex-Coinbase Associate GC In San Diego
Jones Day has added to its San Diego cybersecurity practice a former member of Coinbase's commercial litigation team, the firm announced.
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November 05, 2025
9th Circ. Won't Rehear Biotronik Whistleblower Revival
The Ninth Circuit has rejected a petition to send its September ruling reviving a whistleblower suit against Biotronik Inc. before the full court, rejecting Biotronik's petition for a rehearing en banc.
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November 05, 2025
Hollywood Studios Merge Copyright Suits Against AI Startup
Two suits brought by a group of major Hollywood studios alleging artificial intelligence startup Midjourney used copyrighted material to train its video-generation model have been merged into a single case in California federal court.
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November 05, 2025
American Airlines Workers' Attys Seek $8M In ESG Battle
Class counsel representing American Airlines workers who prevailed on claims their employer violated federal benefits law by allowing an unchecked emphasis on environmental, social and governance factors in their employee retirement plan asked a Texas federal court for $7.9 million in fees.
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November 05, 2025
Chancery Won't Let Pfizer Block $10B Novo Bid For Metsera
A Delaware vice chancellor Wednesday refused Pfizer Inc.'s emergency bid for a temporary restraining order to block Metsera Inc. from closing a now $10 billion competing bid by Novo Nordisk for the GLP-1 weight-loss drugmaker, saying Pfizer hasn't demonstrated Metsera's board acted in bad faith or that the company would suffer immediate irreparable harm.
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November 05, 2025
Appeals Court Won't Kick SpaceX Sex Bias Suit To Arbitration
A California appeals court backed a trial court's refusal to force arbitration of a former SpaceX employee's suit claiming her boss forced her into a sexual relationship in exchange for career advancement, finding her claims were protected by a law barring mandatory out-of-court resolution for sex misconduct cases.
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November 05, 2025
Home Depot Must Face False Arrest Suit, Fla. Panel Says
A Florida appeals court on Wednesday revived a man's suit alleging a Home Depot store falsely imprisoned him on suspicion of stealing windows, saying there are disputes of fact that should have precluded summary judgment in the store's favor.
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November 05, 2025
San Antonio Voters Approve Funding For New Spurs Arena
Texas voters have approved a tax that will provide up to $311 million for a planned $1.3 billion arena for the NBA's San Antonio Spurs, paving the way for a partial downtown redevelopment.
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November 05, 2025
EQT Gets Final OK For $168M Merger Benefits Settlement
A federal court gave its final approval Tuesday to a $167.5 million settlement between EQT Corp. and its shareholders, closing out a class action that claimed the company overstated the operational benefits of its $6.7 billion merger with Rice Energy in 2017.
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November 05, 2025
Del. Justices Hear Early Challenge To Corp. Law Amendments
Delaware's corporate litigation elites squared off before the state's Supreme Court on Wednesday over arguments that state lawmakers either righted — or subverted — the Court of Chancery's equity powers in amending the state's General Corporation Law earlier this year.
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November 05, 2025
Justices Skeptical About Trump's Emergency Tariff Authority
Several U.S. Supreme Court justices asked the government to defend why well-established judicial doctrines shouldn't limit President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act during oral arguments Wednesday, casting doubt on whether they believe the law provides that kind of authority.
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November 05, 2025
Atty Owes More Than $1M For Note Default, Ga. Bank Says
An attorney and his companies defaulted on a promissory note for more than $1.1 million, as well as interest, fees and costs, a Georgia-based bank alleges in a complaint filed Tuesday in Louisiana federal court.
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November 05, 2025
Ex-Startup Exec Who Helped Defraud JPMorgan Gets 68 Mos.
A Manhattan federal judge hit an Israeli businessman with 68 months in prison Wednesday for joining with Frank founder Charlie Javice to trick JPMorgan into buying their failed financial aid startup for $175 million by using faked customer data.
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November 05, 2025
JPMorgan Latest Big Bank To Disclose 'Fair Banking' Scrutiny
JPMorgan Chase & Co. has disclosed that it is responding to government inquiries tied to President Donald Trump's "fair banking" executive order targeting alleged political and religious discrimination by financial institutions, following a similar disclosure from Bank of America Corp.
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November 05, 2025
Ex-Employees Agree To Return Data To Palantir In IP Case
Palantir has reached a stipulated temporary restraining order with two former employees accused of misusing company information, requiring them to return data, carry out forensic imaging and avoid working for rival Percepta AI.
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November 05, 2025
X Ends Sex Bias Suit Over Twitter Acquisition Layoffs
X Corp. has ended a sex bias suit from a former employee who accused the company of enacting harsh working conditions after Elon Musk's takeover of social media company Twitter in order to strategically push out women workers.
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November 05, 2025
Google Reaches Deal With Epic For Android App Changes
Google has agreed to make a number of changes to the way apps are distributed on Android devices in a deal with Epic Games, potentially resolving their yearslong antitrust battle after Google asked the U.S. Supreme Court to take up the case.
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November 04, 2025
5th Circ. Judge Says FCA Illegally Steps On Executive Power
Fifth Circuit Judge James C. Ho says his court should reconsider what he called "serious constitutional problems with the qui tam provisions of the False Claims Act," arguing that whistleblowers who sue under the law "are neither appointed by, nor accountable to, the president," and that conflicts with presidential authority.
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November 04, 2025
Calif. Justices Doubt 'Illegible' Arb. Pact Is Enforceable
California Supreme Court justices Tuesday doubted that an employer's "illegible" arbitration agreement is enforceable, with multiple justices observing that it's impossible to read terms of the contract at issue, which had been photocopied so many times the words are blurry.
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November 04, 2025
Ex-Beneficient CEO Stole $150M From GWG, Feds Say
The former CEO of Texas financial services firm Beneficient allegedly created a fraudulent scheme to loot more than $150 million from now defunct GWG Holdings, a publicly traded company for which he served as chairman, according to a New York federal grand jury indictment unsealed Tuesday.
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November 04, 2025
Hustler Casino HR Manager Fired For Speaking Up, Suit Says
Flynt Management Group's former human resources manager alleges he was terminated after speaking up about the company's "entrenched culture of non-compliance" that spilled out onto its Hustler Casino, saying the company fired employees who blew the whistle over gaming regulations and those whose documented medical absences kept them off work, according to a complaint filed Monday in California state court.
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November 04, 2025
Insurer Must Turn Over Docs In $6.8M Fraud Dispute
An electronic payments company's insurer must turn over claim files and underwriting materials as they continue to litigate whether the company's roughly $6.8 million loss from two fraud schemes falls within its policy's coverage for "computer fraud," an Iowa federal court ruled Tuesday.
Expert Analysis
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Opinion
The Legal Education Status Quo Is No Longer Tenable
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.
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The Int'l Compliance View: Everything Everywhere All At Once
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.
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Unpacking Notable Details From FTC's 'AI Washing' Cases
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.
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6 Questions We Should Ask About The Trump Trade Deals
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.
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Justices' Age Verification Ruling May Lead To More State Laws
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.
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The Pros, Cons Of A Single Commissioner Leading The CFTC
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.
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E-Discovery Quarterly: Rulings On Relevance Redactions
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.
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Opinion
Section 1983 Has Promise After End Of Nationwide Injunctions
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.
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Now Is The Time To Prep For SEC's New Data Breach Regs
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.
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Corp. Human Rights Regulatory Landscape Is Fragmented
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.
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Impending Quality Control Standards Pose Risks For Auditors
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.
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Opinion
Premerger Settlements Don't Meet Standard For Bribery
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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Texas Med Spas Must Prepare For 2 New State Laws
Two new laws in Texas — regulating elective intravenous therapy and reforming healthcare noncompetes — mark a pivotal shift in the regulatory framework for medical spas in the state, which must proactively adapt their operations and contractual practices, says Brad Cook at Munsch Hardt.
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Series
Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.
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Forced Labor Bans Hold Steady Amid Shifts In Global Trade
As businesses try to navigate shifting regulatory trends affecting human rights and sustainability, forced labor import bans present a zone of relative stability, notwithstanding outstanding questions about the future of enforcement, say attorneys at Simpson Thacher.