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Corporate
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November 14, 2025
First Brands Lenders Seek New Counsel For Finance Entities
Lenders of First Brands are arguing to a Texas bankruptcy judge that the company's financing entities need their own separate attorneys in the auto parts maker's Chapter 11 case, citing concerns about conflicts of interest.
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November 14, 2025
Target Faces 2nd Copyright Suit Over Infant Sleepwear Design
A Colorado-based baby clothing company told a federal court Friday that Target infringed its registered copyright on several infant sleepwear products, which the company says comes after the retail giant had already been told to pay it $1.2 million in another copyright lawsuit.
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November 14, 2025
Bank Receiver's $28M Fraud Claims Survive Dismissal Bid
A receiver for a Puerto Rican bank has standing to pursue fraud claims against its owners and directors over what it describes as a $28 million fraud that led to the bank's collapse, a Florida federal judge ruled Friday.
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November 14, 2025
Cleary, K&L Gates Advise On Duravant's $230M Matthews Deal
Warburg Pincus-backed Duravant has agreed to purchase the warehouse automation business of Matthews International Corp. for $230 million, with Cleary Gottlieb Steen & Hamilton LLP steering Duravant and K&L Gates LLP advising Matthews International.
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November 14, 2025
6 Firms Guide Warburg Pincus-Led $1.4B ECN Capital Buyout
Toronto-based ECN Capital Corp. announced that it has agreed to be taken private by an investor group led by Warburg Pincus, in an all-cash transaction valuing the specialty finance company at roughly 1.9 billion Canadian dollars ($1.4 billion).
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November 14, 2025
Taxation With Representation: Wachtell, Paul Hastings, Sidley
In this week's Taxation With Representation, Pfizer Inc. completes its acquisition of obesity drug developer Metsera Inc., motion and controls technologies company Parker-Hannifin Corp. acquires Filtration Group Corp., and fund administrator JTC PLC backs a cash offer in the billions from British private equity shop Permira.
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November 14, 2025
SEC's Atkins Turns A Critical Lens On BlackRock, Vanguard
U.S. Securities and Exchange Commission Chairman Paul Atkins said Friday morning that his agency is working to rein in large institutional asset managers like BlackRock and Vanguard that "get out of line" by trying to influence management decisions.
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November 14, 2025
GC Cheat Sheet: The Hottest Corporate News Of The Week
Experts say it will likely take at least a month for the thousands of SEC employees now back to work after the government shutdown to catch up with submissions for initial public offerings. Meanwhile, clean energy developers are increasingly looking to privately held investors amid a race to beat a July 2026 cutoff to maintain eligibility for clean electricity investment and production tax credits. These are some of the stories in corporate legal news you may have missed in the past week.
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November 14, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.
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November 14, 2025
Gibson Dunn, Cooley Guide Merck's $9.2B Cidara Buy
Gibson Dunn & Crutcher LLP-advised Merck on Friday said it will broaden its respiratory portfolio with a $9.2 billion deal to buy Cooley LLP-led Cidara Therapeutics, betting that an investigational antiviral could help the company tackle the global health burden of seasonal influenza.
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November 14, 2025
Horizon BCBS To Pay $100M To End NJ AG's Overcharge Suit
Horizon Blue Cross Blue Shield of New Jersey has agreed to pay the state $100 million to resolve allegations that it fraudulently secured a multibillion-dollar contract to administer public employee health plans and then systematically overcharged taxpayers for years, Attorney General Matthew J. Platkin announced Friday.
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November 13, 2025
BofA, BNY Slam 'Razor-Thin' Epstein Enabling Claims
Bank of America and the Bank of New York Mellon Corp. urged a Manhattan federal judge Thursday to toss lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking enterprise and failing to timely report the late sex offender's suspicious transactions, saying "razor-thin allegations" don't connect the institutions to the crimes.
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November 13, 2025
Apple, OpenAI Can't Yet Nix XAI Antitrust Suit, Judge Says
A Texas federal judge on Thursday denied Apple and OpenAI's requests to toss an antitrust lawsuit that Elon Musk's xAI lodged to target a deal that integrated ChatGPT into the iPhone operating system, but suggested that resolving the suit without a jury trial may be the way to go.
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November 13, 2025
J&J Bellwether Trial Over Talc Cancer Risks Kicks Off In LA
An attorney for one of two women who claim Johnson & Johnson's talcum products caused their ovarian cancer told a Los Angeles jury Thursday during opening statements in a bellwether trial that decades-old internal documents prove J&J knew its talc products contained toxic levels of asbestos but hid that information.
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November 13, 2025
As Backlogged SEC Reopens, Attys Jostle To 'Get In Line'
Thousands of U.S. Securities and Exchange Commission employees who were sent home last month finally returned to their offices Thursday, and experts say it will likely take at least a month for them to catch up with a backlog of casework and submissions for initial public offerings.
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November 13, 2025
Google Sues Cybercriminals Over Global Phishing Scams
Google has sued foreign cybercriminals behind phishing scams that claim to represent the U.S. Postal Service and the New York City government's website, among others, accusing them of texting millions of Americans phony messages that lure them into providing their payment information and other personal data.
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November 13, 2025
Eaton Witnesses Probed About Data Used For Credit Analysis
An accounting expert and a former Eaton Corp. official both advised the U.S. Tax Court on Thursday about the data used to establish the financial position of the U.S. company after its acquisition of Irish-based Cooper Industries in 2012.
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November 13, 2025
Trump To Pardon UK Billionaire Lewis For Insider Trading
President Donald Trump has agreed to pardon 88-year-old British billionaire Joseph Lewis, who was sentenced to three years of probation for feeding nonpublic stock tips to his girlfriend and private-jet pilots.
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November 13, 2025
Coinbase Counsel's DExit Letter Triggers Class Atty Pushback
A Grant & Eisenhofer PA principal has challenged Coinbase Global Inc.'s continued limiting of public disclosures in a Delaware Court of Chancery suit alleging insider trading ahead of a stock plunge, after the company told the U.S. Securities and Exchange Commission Wednesday it will recharter in Texas.
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November 13, 2025
Fla. Hospitals Didn't Prove Opioid Conspiracy, Jurors Told
Walgreens told a state court jury on Thursday that Florida hospitals haven't proven that the company conspired with Walmart, CVS and pharmaceutical manufacturers to illegally dispense opioids through their pharmacies, arguing that the corporations shouldn't be liable for $1.5 billion in damages for contributing to an epidemic of opioid-addicted patients.
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November 13, 2025
Inequitable Conduct Dooms 5 Packaging Patents, Judge Rules
A Massachusetts federal judge determined Thursday that five Inline Plastics Corp. food packaging patents asserted against Lacerta Group Inc. are unenforceable due to inequitable conduct because Inline omitted information about joint inventors when applying for the patents.
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November 13, 2025
SEC's Northeast Deputy Enforcement Head To Depart Agency
The U.S. Securities and Exchange Commission announced Thursday that the deputy director of the enforcement division for the Northeast will leave the agency, following stints as the regional director of the New York office and acting deputy director of the enforcement division.
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November 13, 2025
Anthropic Judge Rips Opt-Out Law Firm As 'Quick Buck' Ploy
A California federal judge on Thursday blasted Arizona law firm ClaimsHero Holdings LLC for encouraging authors to opt out of Anthropic PBC's $1.5 billion deal to end copyright infringement claims, saying it looks like the firm is "trying to trick people" for a "quick buck."
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November 13, 2025
WIPO Survey Finds Increased Trust In IP Systems
The World Intellectual Property Organization released a survey finding increased trust and awareness in intellectual property systems.
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November 13, 2025
Water Co. Investor Says Merger Erased $2B In Value
The parent company of water brands Alhambra and Crystal Springs was hit with a proposed class suit alleging it misled investors about a June 2024 merger that triggered a $2 billion market capitalization loss.
Expert Analysis
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Series
The Biz Court Digest: Texas, One Year In
A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.
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AG Watch: Illinois A Key Player In State-Level Enforcement
Illinois Attorney General Kwame Raoul has systematically strengthened his office to fill federal enforcement gaps, oppose Trump administration mandates and advance state policy objectives, particularly by aggressively pursuing labor-related issues, say attorneys at Troutman.
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Series
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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How A 9th Circ. False Ad Ruling Could Shift Class Certification
The Ninth Circuit's July decision in Noohi v. Johnson & Johnson, holding that unexecuted damages models may suffice for purposes of class certification, has the potential to create judicial inefficiencies and crippling uncertainties for class action defendants, say attorneys at Alston & Bird.
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7 Areas To Watch As FTC Ends Push For A Noncompete Ban
As the government ends its push for a nationwide noncompete ban, employers who do not want to be caught without protections for legitimate business interests should explore supplementing their noncompetes by deploying elements of seven practical, enforceable tools, including nondisclosure agreements and garden leave strategies, say attorneys at Seyfarth.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Anticipating FTC's Shift On Unfair Competition Enforcement
As the Federal Trade Commission signals that it will continue to challenge unfair or deceptive acts and practices under Section 5 of the FTC Act, but with higher evidentiary standards, attorneys counseling healthcare, technology, energy or pharmaceuticals clients should note several practice tips, says Thomas Stratmann at George Mason University.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Compliance Tips Amid Rising FTC Scrutiny Of Minors' Privacy
The Federal Trade Commission has recently rolled out multiple enforcement actions related to children's privacy, highlighting a renewed focus on federal regulation of minors' personal information and the evolving challenges of establishing effective, privacy-protective age assurance solutions, say attorneys at Nelson Mullins.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Tips For Cos. Crafting Enforceable Online Arbitration Clauses
Recent rulings from the Ninth Circuit and the U.S. District Court for the Southern District of California indicate that courts are carefully examining the enforceability of online arbitration clauses, so businesses should review the design of their websites and consider specific language next to the "purchase" button, say attorneys at DTO Law.
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Opinion
Crypto Bills' Narrow Scope Guarantees Continued Uncertainty
The Digital Asset Market Clarity Act and Responsible Financial Innovation Act aim to make the $4 trillion crypto market more transparent and less susceptible to fraud, but their focus on digital assets sold in investment contract transactions promises continued uncertainty for the industry, says Joe Hall at Davis Polk.
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Rules Of Origin Revamp May Be Next Big Trade Development
The rules of origin for determining what tariff applies to any given import appear to be on the cusp of an important rethink, and it seems likely that the administration will try to align the rule with its overall tariff strategy in one of three ways, says Ted Posner at Baker Botts.
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7 Lessons From The Tractor Supply CCPA Enforcement Action
The California Privacy Protection Agency's recent enforcement action targeting Tractor Supply for alleged violations of the California Consumer Privacy Act provides critical insights into the compliance areas that remain a priority for the California regulator, including businesses with significant consumer interactions, say attorneys at Troutman.