Corporate

  • March 19, 2026

    Judge Quashes Subpoena Of 5 Firms That Repped Twitter

    A Delaware federal court ruled Thursday that six former Twitter employees cannot subpoena five law firms that represented the social media company in connection with its acquisition by Elon Musk, rejecting the employees' "conclusory allegations" that the company and Musk used the firms to make false promises of severance benefits.

  • March 19, 2026

    Oil Co. Needn't Give $105M To Bond Insurers, Judge Rules

    A Texas federal judge found Thursday that two insurers are not entitled to receive some $105 million in collateral from Houston-based oil and gas producer W&T Offshore, approving a magistrate judge's report that noted the insurers' allegations are mere "speculation."

  • March 19, 2026

    SEC Looks To Beef Up Rulemaking Staff For Reg S-K Reforms

    The U.S. Securities and Exchange Commission is in the process of hiring additional staff to review the corporate disclosure process as it considers taking a bite out of the amount of information publicly traded companies have to disclose in their annual financial reports and ending quarterly reporting requirements, officials said Thursday.

  • March 19, 2026

    Ex-Bank CEO Cops To $13.6M Fraud, Evading Sanctions

    The former CEO of the Puerto Rico-based Nodus International Bank pled guilty Thursday to running a scheme that stole more than $13.6 million from the now-collapsed bank and evading sanctions on Venezuela.

  • March 19, 2026

    Meta Says IRS Defying Settled Facts In $16B Tax Fight

    The IRS is refusing to agree to the truth of parts of the trial transcript and the U.S. Tax Court's opinion last year in a Facebook transfer pricing case as the social media platform's parent, Meta, disputes a $16 billion tax bill in a related case, the company told the court.

  • March 19, 2026

    Ex-Uber Exec Takes Data Breach Conviction To High Court

    A former Uber security executive has urged the U.S. Supreme Court to review his conviction for attempting to cover up a data breach from government investigators, saying the Ninth Circuit's decision affirming his conviction entrenched a circuit split over what kind of conduct actually rises to criminal liability.

  • March 19, 2026

    NC Justices Shouldn't Ax Severance Fight, Ex-CEO Says

    North Carolina's long-arm statute means its business court had jurisdiction to decide a lawsuit filed by the former CEO of a cybersecurity and IT firm over its alleged failure to buy out his equity interest as part of a severance agreement, he has argued to the state's high court in opposition to the company's appeal of a ruling keeping the case in the Tar Heel State.

  • March 19, 2026

    FTC Official Says 'Reverse Acquihires' Come With 'Risk'

    A senior Federal Trade Commission antitrust staffer said Thursday that nothing about "reverse acquihires" should let companies think they can skirt merger scrutiny, arguing in Washington, D.C., remarks that the deals clearly amount to the acquisition of assets covered under U.S. antitrust law.

  • March 19, 2026

    Del. High Court Revives Banker's Pay Claims Against Firm

    The Delaware Supreme Court has revived key claims brought by a former investment firm banker, ruling that a lower court went too far in blocking his case based on earlier findings that he was not a partner at the firm.

  • March 19, 2026

    TriZetto Wants To Expand IP Claims Against Infosys

    Cognizant TriZetto Software Group has asked a Texas federal judge to allow it to amend its trade secret suit against Infosys Ltd., saying a recent discovery has revealed that Infosys' alleged misconduct "goes much deeper."

  • March 19, 2026

    Musk Cases, Atty Fees Draw Spotlight At Tulane Conference

    Two high-profile Delaware Supreme Court decisions involving Elon Musk's Tesla, the "supersize" attorney fee bids in those cases and others, and artificial intelligence's impact on the legal industry were among the hot topics Thursday as Tulane University Law School kicked off its annual Corporate Law Institute.

  • March 19, 2026

    Target Hit With False Ad Suit Over 'Sustainably Caught' Tuna

    Target's representations that its Good & Gather tuna products are "sustainably caught" are nothing but empty promises, as its suppliers use dangerous fishing practices that harm the marine ecosystem and kill endangered sea turtles, whales and dolphins, according to a proposed class action filed Wednesday in California federal court.

  • March 19, 2026

    Insurance Co. Aflac's GC Pay Jumped To $5.9M In 2025

    The general counsel of Georgia-based insurance giant Aflac Inc. got a pay hike in 2025, taking home a total compensation of almost $6 million.

  • March 19, 2026

    Judges Scrutinize DOD's Claim Of Hesai's China Military Ties

    A D.C. Circuit panel on Thursday raised serious questions about the U.S. Department of Defense's broad interpretation of a law used to designate companies as "contributors" to the Chinese military-industrial base, pressing a government attorney on the basis for finding links between Shanghai LiDAR-maker Hesai and the Chinese military.

  • March 19, 2026

    Restaurateurs Say Partner's Past Imperils Liquor License

    The founders of a Pittsburgh restaurant say a third part-owner has jeopardized their business' liquor license by not telling them about his criminal convictions from more than a decade ago and his recent DUI arrests, and they asked a Pennsylvania state court to let them buy him out for a fraction of his original investment.

  • March 19, 2026

    Insurance Execs Ask 11th Circ. To Review Coverage Suit Toss

    Insurance executives accused of sabotaging their former company as they prepared to start a rival firm will ask the Eleventh Circuit to review a lower court ruling that Berkley Assurance Co. did not have to pay for their defense in now-dismissed litigation filed by their ex-employer.

  • March 19, 2026

    Live Nation CEO Says He Can't Recall 'Market Power' Remark

    Live Nation's longtime CEO sparred Thursday with states that say the $36 billion entertainment giant engages in monopolization, telling a Manhattan federal jury the business is a "better mousetrap" than rivals and saying he couldn't recall telling investors the company has "incredible market power."  

  • March 19, 2026

    Del. Suit Targets NC Enviro Co. Charter Shielding Directors

    A stockholder of a North Carolina-based environmental technology business has brought a class action in the Delaware Chancery Court seeking to invalidate a provision in the company's corporate charter that he contends unlawfully shields directors and officers from liability for certain misconduct.

  • March 19, 2026

    AI Musician Cops To $8M Streaming Revenue-Inflation Scam

    A North Carolina man told a Manhattan federal judge on Thursday that he conspired to inflate music streaming payments using an army of fake accounts and artificial intelligence-generated songs, copping to a count of conspiracy and agreeing to forfeit $8 million.

  • March 18, 2026

    Key Details As 3rd Circ. Ponders FCA's Fate, $1.6B J&J Fine

    Third Circuit judges Wednesday explored divergent views of the False Claims Act's constitutionality and a record fraud verdict against Johnson & Johnson, expressing little eagerness to gut the FCA's whistleblower mechanism, and voicing uncertainty about evidence and jury instructions underpinning the drug promotion punishment.

  • March 18, 2026

    Zuckerberg, Snap CEO Likely Must Testify In School MDL Trial

    A California federal judge indicated Wednesday that Meta and Snap's CEOs will likely need to testify in an upcoming school district bellwether trial in the social media addiction multidistrict litigation, and declined Meta's bid to block arbitration demands, saying, "Meta's got plenty of money, go file a motion with the arbitration panel."

  • March 18, 2026

    Southwest Board Beats Suit In First Texas Corporate Law Test

    A Texas federal judge on Tuesday dismissed a derivative suit claiming that Southwest Airlines Co.'s board of directors breached their fiduciary duties by abandoning the airline's famous "Bags Fly Free" policy, ending a significant challenge to the state's new corporate reform law. 

  • March 18, 2026

    'Chicken Soup' Publisher Says AI Cos. Stole Books' Soul

    The publisher of the "Chicken Soup for the Soul" books has accused Google, OpenAI and other Big Tech companies in California federal court of mass copyright infringement, saying the companies downloaded pirated copies of its first-person narrative books so that their artificial intelligence systems could replicate an "authentic human voice."

  • March 18, 2026

    Texas Biz Court's Likely Role In Patent Fights Becoming Clear

    The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.

  • March 18, 2026

    Capital One Beats Consumer Suit Over Discover Deal, Again

    Capital One has persuaded a California federal judge once again to squash a suit brought by credit card users who say that the company's $35 billion purchase of Discover is bad news for them and ought to be unwound, but the court is giving the consumers one last chance.

Expert Analysis

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • From Bank Loans To Private Credit: Tips For Making The Shift

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    The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.

  • Wells Process Reforms Serve SEC Chair's Transparency Goals

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    Enforcement policy changes U.S. Securities and Exchange Commission Chairman Paul Atkins recently set forth will help fulfill his stated goal of making Division of Enforcement investigations more fair and transparent by changing the Wells process to provide recipients earlier consultations with SEC staff, greater evidence access and more time to file responses, say attorneys at Dechert.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • The Future Of Gen AI Training Amid Reddit Data Scraping Suit

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    Reddit's lawsuit against Perplexity AI is not framed as a classic copyright infringement fight, demonstrating that even when companies avoid fair use claims, the path by which training data is obtained is legally consequential, say attorneys at Troutman Pepper.

  • Navigating Sanctions Against Colombia's Head Of State

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    To limit their exposure from recent sanctions that prohibit dealings with Colombia’s president and specific officials, it is critical that U.S. companies gain a fulsome understanding of potential touchpoints, establish controls to avoid engagement and, if necessary, seek U.S. government approval, say attorneys at Perkins Coie.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • SEC's Dual Share Class Approval Signals New Era For ETFs

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    The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.

  • Class Actions At The Circuit Courts: November Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Drafting For Distress: D&O Policy Tips Ahead Of Ch. 11 Filings

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    Considering recent bankruptcy statistics and the economic climate, now is a good time for companies to revisit their directors and officers liability insurance coverage, as understanding how these programs are structured and which terms matter at placement or renewal can materially improve protection for leaders of a distressed company, say attorneys at Reed Smith.

  • What To Do If A Retirement Plan Participant Is Deported

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    Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.

  • Why Foreign Cos. Should Prep For Increased SEC Oversight

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    With the recent trading suspensions of 10 foreign-based issuers listed on the Nasdaq, an enforcement action against a U.K. security-based swap dealer and the announcement of a cross-border task force, it's clear that the U.S. Securities and Exchange Commission will expand oversight on foreign companies participating in the U.S. capital markets, says Tejal Shah at Cooley.

  • How Litigating Antitrust Fix Helped GTCR Prevail In Court

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    An Illinois federal judge's recent denial of the Federal Trade Commission's injunction request in the GTCR acquisition of Surmodics joins a developing series of cases in which deal parties have prevailed against government antitrust challenges by proposing a post-complaint fix and litigating the as-amended deal, say attorneys at Paul Weiss.

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