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Corporate
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February 27, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
A proxy season preview report showed that nearly three-quarters of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have gone to a vote. The U.S. Department of Labor unveiled the details of a long-awaited proposed rule to replace a previous administration's regulation outlining how to decide if a worker is an employee or independent contractor. These are among the stories in corporate legal news you may have missed in the past week.
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February 27, 2026
Taxation With Representation: Linklaters, Wilson Sonsini
In this week's Taxation With Representation, French electric utility Engie acquires UK Power Networks, Gilead Sciences Inc. buys clinical-stage biotechnology company Arcellx Inc., and The Brink's Co. acquires NCR Atleos in a deal that unites two major companies in the ATM business.
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February 27, 2026
Del. Supreme Court OKs Disputed Corporate Law Rework
Delaware's Supreme Court upheld Friday hotly contested legislation approved by state lawmakers in 2025 that expanded liability shields for some corporate acts involving controlling stockholders or potentially conflicted officers or directors, and narrowed public access to some corporate books and records.
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February 26, 2026
Social Media Plaintiff 'Wanted To Be On It All The Time' As Kid
The plaintiff in a landmark bellwether trial over claims Instagram and YouTube harms children's mental health testified Thursday she started obsessively using the platforms as a small child, and that her obsession with them contributed to or worsened her anxiety, depression and body dysmorphia.
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February 26, 2026
IRhythm Investors Say 2021 Goldman Ruling Doesn't Bar Cert.
IRhythm Technologies investors urged a California federal judge Thursday to certify a class that bought 30 million shares while the digital healthcare company allegedly jacked its stock price with false and misleading statements about a heart-event monitoring device, saying the U.S. Supreme Court's 2021 Goldman price impact ruling doesn't apply.
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February 26, 2026
Exec To Pay SEC Fine Over Fake Berkshire Hathaway Deal
A former Brazilian reinsurance executive will pay a $500,000 civil penalty to end U.S. Securities and Exchange Commission allegations that he improperly sought to boost shares of his company by means of planting false stories that Warren Buffett's Berkshire Hathaway had acquired a significant stake in the business.
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February 26, 2026
Proxy Preview Report Says Cos. Cautious With Exclusions
More than 70% of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have proceeded to a vote, according to a new proxy season preview report, indicating early filing companies may be taking a cautious approach toward exclusions in light of regulatory shifts giving them more leeway.
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February 26, 2026
Toyota Nears OK On $436M Class Deal Over Forklift Emissions
A California federal judge indicated Thursday she'll give preliminary approval to Toyota Industries Corp.'s $436 million class action settlement to resolve claims the auto giant and its subsidiaries misled tens of thousands of business buyers into thinking the emissions of its forklift and construction engines were "the cleanest" in the industry.
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February 26, 2026
Atty Owns 'Sloppy' Incorrect Citations Before Texas Justices
A Houston attorney told a Texas appellate panel Thursday that incorrect case citations in his brief were "sloppy" and "embarrassing," taking responsibility for errors that included nonexistent cases and inaccurate quotations.
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February 26, 2026
Amazon Loses Bid For 'Hot Tub' Hearing In Antitrust Suit
A Washington federal judge on Thursday shot down Amazon.com Inc.'s push for a concurrent hearing with multiple expert witnesses in a proposed class action accusing the retail giant of artificially inflating consumer prices, ruling that what's known as a "hot tub" hearing is "not necessary at this time."
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February 26, 2026
Allbirds Investors' 'Kitchen-Sink' Strategy Dooms IPO Suit
A California federal judge Thursday dismissed a putative securities fraud class action against Allbirds Inc. for a third time, giving shareholders who sued no more chances to amend their lawsuit, given what she called their "kitchen-sink" approach to pleading 60 allegedly false statements made ahead of the footwear company's 2021 stock launch.
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February 26, 2026
Hedge Fund Sues In Del. For Share Appraisal Damages
A hedge fund managed by Glazer Capital LLC sued for a Delaware Court of Chancery declaratory judgment Thursday seeking an order for immediate payment for shares of media measurement venture Integral Ad Science Corp. in the wake of IAS' acquisition by private equity Novacap in December.
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February 26, 2026
Chancery Asked To OK $7.6M Deal To End $1.5B De-SPAC Row
Stockholders of special purpose acquisition company HighCape Capital LP have sought Delaware Court of Chancery approval for a $7.6 million settlement of a class suit accusing company principals of pursuing an overpriced take-public merger of biopharmaceutical tech company Quantum-Si, in litigation complicated by an unusual discovery stumble.
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February 26, 2026
PacifiCorp Hit With $305M Verdict For Oregon Fire
Multnomah County jurors have awarded a $305 million verdict to 16 people who sued electric power company PacifiCorp for damages stemming from a Santiam Canyon fire in Oregon.
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February 26, 2026
Judge Scolds 'Impenetrable' TikTok In NY AG's Addiction Suit
A New York state judge Thursday chided TikTok's attorneys for failing to search for financial and corporate records in the state's social media child addiction lawsuit, appearing poised to force TikTok companies to hand over more business data to calculate potential damages or disgorgement.
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February 26, 2026
Starbucks, Army Veteran Resolve Paternity Leave Firing Suit
An Army veteran and former Starbucks employee has agreed to end his lawsuit accusing the coffee giant of failing to address his supervisor's insulting comments about veterans and firing him for taking parental leave, according to a Thursday filing in Washington federal court.
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February 26, 2026
Chancery Refuses For Now To Make Hecate Pay Lenders $75M
The Delaware Chancery Court has denied renewable energy lenders' bid to immediately seize $75 million in disputed settlement proceeds, ruling that although the lenders are likely to succeed on parts of their contract claims, they failed to justify the extraordinary step of a mandatory injunction.
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February 26, 2026
TikTok, Meta Get Hot Bench In 'Subway Surfing' Death Appeal
Social media giants TikTok and Meta Thursday faced a barrage of questions by New York state appellate court judges as the companies seek dismissal of a lawsuit over the death of a boy who climbed atop a moving subway car, which his parent alleged was due to a "challenge" video pushed to minors.
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February 26, 2026
4th Circ. Revives Secrets Charges Against Ex-Deloitte Workers
The Fourth Circuit on Thursday revived the bulk of the charges against two former Deloitte workers accused of stealing the company's trade secrets, disagreeing with a lower court that dismissed the case because of the government's delay in bringing it.
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February 26, 2026
11th Circ. Axes ATM Co.'s Latest Bid To Revive Patent Dispute
The Eleventh Circuit ended an ATM technology company's attempt to relitigate a patent infringement suit against a competitor, ruling Thursday that the claims are barred because they could have been brought up in a previous suit.
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February 26, 2026
Arete Wealth, GC Can't Slip SEC Claims In Offering Fraud Suit
The U.S. Securities and Exchange Commission can move forward with its case against a broker-dealer and its former general counsel and chief compliance officer over an allegedly fraudulent stock offering by a "sham" energy company that Arete representatives sold, an Illinois federal judge ruled Thursday, while dismissing some claims related to off-channel communications and settlement releases, among other things.
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February 26, 2026
Willkie Lands A&O Shearman Corporate Finance Pros In Calif.
Willkie Farr & Gallagher LLP is boosting its transactional team, bringing in a pair of Allen Overy Shearman Sterling corporate finance aces as partners in its Silicon Valley office, one of whom will also become the new co-managing partner of that office.
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February 26, 2026
Vanguard Will Pay $29.5M To Settle Red States' ESG Suit
The Vanguard Group Inc. will pay $29.5 million to settle claims brought by several conservative states accusing it and other large asset managers of driving up coal prices by pressuring publicly traded energy companies to lower their output to meet carbon emission reduction goals.
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February 26, 2026
Seyfarth Adds Trio Of Real Estate, Corporate Attys In Dallas
Seyfarth Shaw LLP announced Thursday that it has strengthened its real estate, environmental and corporate benches with three lateral partner hires in Dallas who came aboard from Squire Patton Boggs LLP, Cole Schotz PC and Jackson Walker LLP.
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February 26, 2026
Ex-Exec. In $2B Denmark Tax Scheme Hid Assets, Court Told
A Florida man involved in a $2 billion Danish tax refund scheme fraudulently transferred millions of dollars to a U.S. company to prevent the Danish government from seizing those assets, Denmark's tax agency told a New Jersey federal court.
Expert Analysis
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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How US Liability Law Is Becoming The Primary Regulator Of AI
Comprehensive federal AI regulation remains fragmented and uncertain — but U.S. courts, applying long-standing doctrines of liability and responsibility, are actively shaping how AI systems are designed, deployed and governed, and companies are aligning their AI practices because courts may hold them accountable if they do not, says Alexander Lima at Wesco International.
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Record FCA Recoveries Signal Intensified Healthcare Focus
In its recently released False Claims Act statistics, the U.S. government's emphasis on record healthcare recoveries and government-initiated healthcare matters last year indicates robust enforcement ahead, though the administration's focus on current policy objectives also extends beyond the healthcare sector, say attorneys at Epstein Becker.
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Mind The Gap: Crafting D&O Straddle Coverage For M&A
A recent Florida federal court decision highlights an often-overlooked risk for those negotiating directors and officers insurance coverage for mergers and acquisitions: the potential for so-called straddle claims, falling in the gap between tail and go-forward coverage, say attorneys at Reed Smith.
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Calif.'s Civility Push Shows Why Professionalism Is Vital
The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.
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Del. Dispatch: Workplace Sexual Misconduct Liability In Flux
Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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An Instructive Reminder On Appealing ITC Determinations
A recent Federal Circuit decision, partially dismissing Crocs' appeal of a U.S. International Trade Commission verdict as untimely, offers a powerful reminder that the ITC is a creature of statute and that practitioners would do well to interpret those statutes conservatively, says Derrick Carman at Robins Kaplan.
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Ruling Puts Guardrails On FTC Merger Filing Rule Expansion
A Texas federal court recently vacated the Federal Trade Commission's overhaul of the Hart-Scott-Rodino premerger notification form, in a significant setback for the antitrust agencies, say attorneys at Reed Smith.
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Coinbase Ruling Outlines Litigation Committee Conflict Risks
The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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Strategies For Effective Class Action Email Notice Campaigns
Recent cases provide useful guidance on navigating the complexities of sending email notices to potential class action claimants, including drafting notices clearly and effectively, surmounting compliance and timing challenges, and tracking deliverability, says Stephanie Fiereck at Epiq.
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Ariz. Uber Verdict Has Implications Beyond Ride-Hailing Cos.
When an Arizona federal jury in Jaylyn Dean v. Uber Technologies recently ordered Uber to pay $8.5 million to a woman who said she was sexually assaulted by her driver, their most important finding — that the driver was Uber's agent — could have huge consequences for future litigation involving platform-based businesses, says Michael Epstein at The Epstein Law Firm.