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Corporate
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March 27, 2026
Guardsman Says Partners Pushed Him Out Of Biz Venture
An Oklahoma National Guard member told a Georgia federal court his business partners violated federal law by trying to boot him from their company after he was called up for duty and by starting a new venture when they couldn't get rid of him.
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March 27, 2026
Berkshire RE Franchise Says 'Pied Piper' Lured Away Agents
A Massachusetts franchise of Berkshire Hathaway's real estate unit alleged in a state court complaint Friday that the former sales manager of two offices outside Boston "acted as a corporate pied piper" to lure 21 colleagues to a competitor.
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March 27, 2026
Bank Says Ex-Execs Fired For Conduct, Not Whistleblowing
Florida community bank First National Bank of Pasco told a federal judge that two former executives who claim they were fired for blowing the whistle on banking law violations were actually fairly terminated, and one of the plaintiffs did not even participate in the alleged whistleblowing.
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March 27, 2026
General Motors Can't Get Early Win In EEOC Age Bias Suit
An Indiana federal judge refused to let General Motors escape a U.S. Equal Employment Opportunity Commission suit claiming the business unlawfully withheld disability pay from workers who received Social Security benefits, calling GM's argument that its policy hinged on benefit eligibility rather than age premature.
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March 27, 2026
Biogen Beats Investor Suit Over Dozens Of Drug Claims
Biogen Inc. and four of its executives escaped a stock drop suit Friday after a Massachusetts federal judge ruled that none of the nearly five dozen statements challenged by investors suggested that the company intentionally misled people buying its stock.
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March 27, 2026
Norwegian Cruise Line, Elliott Cut Deal To Revamp Board
Norwegian Cruise Line said Friday it has reached an agreement with Elliott Investment Management LP for a board shake-up, after the activist investor revealed a more than 10% stake in the cruise operator last month.
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March 27, 2026
NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund
A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.
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March 27, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
A federal judge has stopped the Pentagon from dropping AI giant Anthropic from the government's supply chain, and Latham & Watkins ranked first in a survey of in-house legal leaders on which law firms are most helpful in developing business, followed by King & Spalding, Jones Day and Ropes & Gray.
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March 27, 2026
OSHA Proposes $116K In Fines Over Silica Dust Exposure
The U.S. Department of Labor's Occupational Safety and Health Administration proposed more than $116,000 in penalties against two Georgia countertop manufacturers, after inspectors found workers exposed to respirable crystalline silica — an issue identified in previous investigations — and noise hazards.
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March 27, 2026
Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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March 27, 2026
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Apple hit back at a tech company's wireless charging patent claim, a flurry of businesses bring COVID-19 pandemic insurance claims as a key deadline draws closer and Ipulse Partners LLP file a claim against a luxury yacht company it represented in a trademark dispute. Here, Law360 looks at these and other new claims in the U.K.
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March 27, 2026
Fired Cognizant Worker Was 'Uncooperative,' Jury Told
A Manhattan federal jury weighed claims Friday that Cognizant Technology Solutions fired a New York University professor for complaining about hiring bias, after a lawyer for the company called him a troublesome employee who has no contemporaneous evidence of his concerns.
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March 27, 2026
NJ Federal Judge DQs Beasley Allen In J&J Talc MDL
A New Jersey federal judge has disqualified the Beasley Allen Law Firm from representing hundreds of plaintiffs in sprawling multidistrict litigation over Johnson & Johnson's talc-based baby powder, holding that the firm violated ethics rules by collaborating with former outside counsel for J&J, a ruling the law firm has vowed to appeal.
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March 27, 2026
Pharma Co. Says Exec Was Fired Over Conduct, Not Piglets
The U.S. arm of a Danish pharmaceutical company has told a North Carolina federal judge to throw out a former director's "extraordinary and conspiratorial" lawsuit claiming he was fired for expressing concerns about his employer's use of piglets at an anniversary party.
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March 27, 2026
Jack In The Box Says Buyer Breached Del Taco Deal
Jack in the Box Inc. has sued the buyer of its Del Taco business in the Delaware Chancery Court, accusing the purchaser and its affiliates of breaching key post-sale obligations tied to insurance coverage and transition services.
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March 27, 2026
REIT Investor Drops Suit Over $2.3B Deal Disclosures
An Alexander & Baldwin investor has dropped claims that the commercial real estate investment trust obscured its connections to Blackstone Real Estate in securities filings before a proposed $2.3 billion take-private deal, saying U.S. Securities and Exchange Commission filings last month moot the case.
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March 27, 2026
BigLaw Races To Capture Expanding Fund Finance Market
Debt financing work at the fund level has long been dominated on the lender side by attorneys from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP, but other firms are increasingly crafting formal practices and poaching fund finance stars from the more established players.
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March 27, 2026
Massumi & Consoli Launches New Office In Orange County
Massumi & Consoli LLP is expanding its California presence, opening an Orange County office to satisfy growing client demand.
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March 26, 2026
Anthropic Blocks Pentagon's 'Orwellian' Security Risk Label
A California federal judge Thursday issued a preliminary injunction barring the Trump administration from labeling Anthropic as a supply chain risk to national security, calling the move a "classic illegal First Amendment retaliation" and "Orwellian."
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March 26, 2026
Smith & Wesson Brass Beat Catholic Investors' Suit, For Now
A Nevada federal judge dismissed a shareholder derivative suit brought by groups of Catholic sisters against members of Smith & Wesson's board and senior managers over the firearm-maker's AR-15 rifles marketing, finding the plaintiffs hadn't shown it would have been futile to demand the board pursue such legal action.
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March 26, 2026
Artist Says Tech Cos. Cut Attribution From Work Used For AI
A Los Angeles 3D artist and visual effects creator accused four tech giants of failing to protect rights on millions of works by artists and designers that were used to train large-scale generative artificial intelligence systems, according to proposed class actions filed in California and Washington federal courts Thursday.
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March 26, 2026
Elon Musk Slams Twitter Stock Verdict Over Jury's $4.20 'Joke'
Elon Musk did not get a fair trial over claims he defrauded Twitter investors before acquiring the social media platform, the tech billionaire's lawyer told a California federal judge Thursday, saying the jury rolled a marijuana "joke" into the verdict form to mock Musk and the trial process.
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March 26, 2026
PNC Beats Customer's $200K Forged Check Dispute
PNC no longer faces allegations it failed to prevent a customer's losses after his employees drained nearly $205,000 from his accounts, a Philadelphia federal judge found, noting the plaintiff's estate administrator didn't properly dispute relevant facts asserted by the bank.
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March 26, 2026
FINRA Fines Broker-Dealer $600K For Off-Channel Violations
The Financial Industry Regulatory Authority has fined a San Francisco-based broker-dealer $600,000 for allegedly failing to supervise employees' use of unapproved messaging platforms, in a type of proceeding FINRA's CEO said earlier this week would indicate a "real breakdown" in oversight.
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March 26, 2026
L'Oreal Wants Color Wow Co.'s Purchase Price Kept Secret
An executive for L'Oréal USA Inc. has asked a Connecticut state court judge not to force the public disclosure of the price the company paid to acquire Federici Brands LLC, the company behind Color Wow hair care products, as part of a former Federici president's lawsuit alleging she is owed $40 million from the transaction.
Expert Analysis
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Navigating New Risks Amid Altered Foreign Issuer Landscape
The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.
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Open Questions After Defense Contractor Executive Order
The scope and long-term effects of President Donald Trump’s executive order on the U.S. defense industrial base are uncertain, but the immediate impact is significant as it appears to direct the U.S. Department of Defense to take a more active role in contractor affairs, say attorneys at Morgan Lewis.
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What Artists Can Learn From Latest AI Music Licensing Deals
Recent partnerships between music labels and artificial intelligence companies raise a number of key questions for artists, rightsholders and other industry players about IP, revenue-sharing, and rights and obligations, say attorneys at Manatt.
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Tips From Del. Decision Nixing Major Earnout Damages Award
The Delaware Supreme Court recently vacated in part the largest earnout-related damages award in Delaware history, making clear that the implied covenant of good faith and fair dealing cannot be used to rescue parties from drafting choices where the relevant regulatory risk was foreseeable at signing, say attorneys at Sullivan & Cromwell.
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Elections Mean Time For Political Law Compliance Checkups
An active election year is the perfect time for in-house counsel to conduct a health check on their company's corporate political law compliance program to ensure it’s prepared to minimize risks related to electoral engagement, lobbying, pay-to-play laws and government ethics rules, say attorneys at Steptoe.
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Malpractice Claim Assignability Continues To Divide Courts
Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.
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Tips For Financial Advisers Facing TRO From Former Firm
The Eighth Circuit's recent decision in Choreo v. Lors, overturning a lower court's sweeping injunction after financial advisers moved to a new firm, gives advisers new strategies to fight restraining orders from their old firms, such as focusing on whether the alleged irreparable harm is calculable, say attorneys at Kutak Rock.
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How Latest Nasdaq Proposals Stand To Raise Listings Quality
Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.
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Opinion
CFIUS Must Adapt To Current Foreign Investment Realities
To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.
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Protecting Sensitive Data During Congressional Inquiries
With the 2026 midterm elections potentially set to shift control of one or both houses of Congress, entities must proactively plan for the prospect of new congressional investigations, and adopt strategic, effective and practical measures to mitigate risks related to disclosure of sensitive information, say attorneys at Crowell & Moring.
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Where PCAOB Goes Next After A Year Of Uncertainty
The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.
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Ambiguity Remains On Anti-DEI Grant Conditions
Although a recent decision in City of Chicago and City of Saint Paul v. U.S. Department of Justice temporarily halts enforcement of anti-DEI conditions in federal grant applications, and echoes recent decisions in similar cases, companies remain at risk until the term “illegal DEI” is clarified, say attorneys at Moore & Van Allen.
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Series
Teaching Logic Makes Me A Better Lawyer
Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.