Corporate

  • March 13, 2026

    IRS Seeks To Dismiss Meta's Claim On Interest, Penalty

    The IRS did not erroneously assess interest and penalties against Meta Platforms during 2020, when the company said it was protected under a diaster-relief provision, the agency argued as it urged the U.S. Tax Court to throw out the social media giant's challenge of such an assessment.

  • March 13, 2026

    J&J Unit Says Ex-Director Misappropriated Trade Secrets

    A Johnson & Johnson subsidiary has accused a former associate director of downloading over 7,000 files worth of confidential information prior to her resignation and using it to start her own competing company.

  • March 13, 2026

    FTC Ditching In-House Challenges May Be Seen In Close Calls

    The Federal Trade Commission has signaled that it plans to start challenging mergers directly in federal court, rather than through its in-house process, and while the move is not expected to sway the outcome of most cases, it could influence the close ones.

  • March 13, 2026

    Taxation With Representation: Paul Hastings, Duane Morris

    In this week's Taxation With Representation, uniform maker Cintas Corp. acquires workwear company UniFirst Corp., Controlled Thermal Resources Holdings Inc. plans to go public by merging with a special purpose acquisition company, and a Shell USA Inc. subsidiary sells Jiffy Lube International Inc. to Monomoy Capital Partners.

  • March 13, 2026

    Tort Report: Uber Won't OK Bigger Jury At 2nd Bellwether

    Trial strategy by Uber ahead of a second bellwether trial in sexual assault multidistrict litigation and a $4 million injury verdict against Publix in Florida lead Law360's Tort Report, which compiles recent personal injury and medical malpractice news that may have flown under the radar.

  • March 12, 2026

    Musk Banker Tells Jury Twitter Held Up Takeover Deal

    An ex-Morgan Stanley banker who advised Elon Musk on his $44 billion Twitter acquisition testified Thursday in a trial seeking billions for investors claiming Musk tanked the social media company's stock to disrupt the takeover, saying Twitter was the one that obstructed the deal.

  • March 12, 2026

    Social Media 'Lions' Hunted Plaintiff Like Gazelle, Jury Told

    The plaintiff's attorney in a bellwether trial accusing Meta Platforms Inc. and Google LLC of harming children's mental health encouraged a California jury during closing arguments Thursday not to buy the defendants' focus on his client's difficult childhood, saying it only weakened her to their social media "addiction machine" like a vulnerable gazelle being hunted by lions.

  • March 12, 2026

    Ex-Judge Testifies About Alleged Forgeries In Amazon Case

    The former chief judge of the U.S. District Court for the Northern District of Georgia testified Thursday about the alleged forging of court documents, signatures and court stamps in a criminal case against a woman accused of defrauding Amazon out of $9.4 million through fraudulent invoices. 

  • March 12, 2026

    FDIC Owns SVB Insurance Claims, Court Told

    The Federal Deposit Insurance Corp., as receiver for Silicon Valley Bank after its historic collapse in early 2023, is entitled to recover on what could be tens of millions of dollars in financial institution bond proceeds, the FDIC's counsel told a North Carolina federal court Thursday.

  • March 12, 2026

    DC Circ. Spends Hours Debating 'Same' Generic Label Reqs

    The D.C. Circuit spent more than three hours Thursday going round with Vanda Pharmaceuticals and the U.S. Food and Drug Administration about whether the label for a generic sleep-wake disorder medication is "the same" as the branded one because it doesn't include Braille.

  • March 12, 2026

    IP Notebook: TM Use Fight, Popeye, Kurt Cobain

    This edition of emerging copyright and trademark cases and trends looks at an appeal before the U.S. Supreme Court that questions the definition of trademark "use in commerce" under the Lanham Act and a battle over the use of "Popeye" as a trademark.

  • March 12, 2026

    DOJ Wants Morgan Stanley, DOL Opinion Dispute Tossed

    The U.S. government has moved to dismiss a suit from former Morgan Stanley financial advisers challenging a U.S. Department of Labor advisory opinion that said the bank's deferred compensation plans likely aren't covered by federal benefits law, with the advisers responding by saying the agency's finding is hurting them because the bank is using it in arbitration proceedings.

  • March 12, 2026

    Colo. Law Firm Alleges Personal Injury Firm Owes It $120K

    A Fort Collins, Colorado, trial law firm alleged in state court that a Denver personal injury firm has not paid it $120,000 in fees the trial firm says it is owed for legal work it performed for the PI firm.

  • March 12, 2026

    Meta To Face Sanctions Bid Over Addiction MDL Privilege Log

    School district plaintiffs and attorneys general have told a California federal judge they plan to seek sanctions against Meta Platforms Inc. in the social media addiction multidistrict litigation for the tech giant's "extremely belated production" of over 73,841 documents downgraded off privilege logs, months after fact discovery closed.

  • March 12, 2026

    UiPath Execs Hid Risks, Ditched $394M+ In Stock, Suit Alleges

    A UiPath Inc. shareholder has filed a derivative lawsuit in Delaware Chancery Court accusing the company's top executives and directors of misleading investors about slowing growth and intensifying competition in the robotic process automation market while insiders sold hundreds of millions of dollars' worth of stock.

  • March 12, 2026

    Democrats Vow To Oversee DOJ's Reported Binance Inquiry

    Three Democratic U.S. senators said Thursday that they will oversee a reported investigation by the U.S. Department of Justice into potential Iran sanctions violations carried out on the cryptocurrency exchange Binance.

  • March 12, 2026

    Cogent CEO's Stock Pledges Spark Derivative Suit

    The CEO and board members of internet service provider Cogent Communications Holdings Inc. face shareholder derivative claims the CEO improperly collateralized his commercial real estate portfolio with his stake in the company, causing trading prices to plummet when he was forced to sell off those shares amid financial distress.

  • March 12, 2026

    Lack Of 'Wages Due' Vexes Pa. Justices In Damages Bid

    Members of Pennsylvania's Supreme Court on Thursday seemed to doubt the ability of a debt collection firm's former CEO to sue his employer solely for punitive damages over bonuses the company eventually paid, albeit belatedly, pointing to state law that says claims can be made for "wages due" in the present tense.

  • March 12, 2026

    Epilepsy Drugmaker's Statements Insulated From Stock Suit

    A Pennsylvania federal judge has trimmed a shareholder class action against Marinus Pharmaceuticals alleging it misled investors about the probability of success of an epilepsy drug, ruling that certain statements made by company leadership were immunized by the Private Securities Litigation Reform Act.

  • March 12, 2026

    PayPal Execs Hit With Derivative Suit Over 2027 Forecast

    PayPal executives and directors were hit with a shareholder's derivative suit accusing them of damaging the company with comments about the strong growth trajectory for its branded checkout segment that the investor said turned out to be untrue.

  • March 12, 2026

    Del. Chancery Rejects Fraud Claims In $313.5M Fertilizer Deal

    The Delaware Chancery Court has ruled that a group of investors failed to prove that executives and a private equity sponsor behind agricultural technology company Verdesian Life Sciences LLC defrauded them into investing in a 2014 acquisition, holding after trial that the claims were both time-barred and unsupported.

  • March 12, 2026

    Chancery Dissolves Litigation Funder Amid Partner Deadlock

    A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.

  • March 12, 2026

    Court Told To Keep Holtec Suit Alleging Fraud Scheme Paused

    Defendants urged a New Jersey state court to reject Holtec International's bid to lift a stay holding it back from pursuing fraud claims against its former general counsel and others for allegedly embezzling more than $700,000 from the company, arguing that keeping the suit on pause will serve judicial efficiency.

  • March 12, 2026

    IRS Allows 15% Of KFC Parent's Domestic Production Claim

    The IRS and the parent of Pizza Hut, KFC and Taco Bell agreed that the company's total deductions for domestic production activities during 2013-2015 were $1.6 million — roughly 15% of the $10.7 million the company had claimed as deductions for the three years.

  • March 12, 2026

    Conn. AG Says $2.4B Eversource Sale Burdens Taxpayers

    Connecticut Attorney General William M. Tong has asked the state's Public Utilities Regulatory Authority to tank the proposed $2.4 billion sale of Eversource subsidiary Aquarion Co. to a new water authority created by the state Legislature, saying a recent court decision did not force PURA to approve the transaction.

Expert Analysis

  • Open Questions After Defense Contractor Executive Order

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    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.

  • What Artists Can Learn From Latest AI Music Licensing Deals

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    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.

  • Tips From Del. Decision Nixing Major Earnout Damages Award

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    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.

  • Elections Mean Time For Political Law Compliance Checkups

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    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.

  • Malpractice Claim Assignability Continues To Divide Courts

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    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.

  • Tips For Financial Advisers Facing TRO From Former Firm

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    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.

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    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.

  • Opinion

    CFIUS Must Adapt To Current Foreign Investment Realities

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    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.

  • Protecting Sensitive Data During Congressional Inquiries

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    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.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    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.

  • Ambiguity Remains On Anti-DEI Grant Conditions

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    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.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    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.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • Takeaways From The DOJ Fraud Section's 2025 Year In Review

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    Former acting Principal Deputy Chief Sean Tonolli of the U.S. Department of Justice's Fraud Section, now at Cahill Gordon, analyzes key findings from the section’s annual report — including the changes implemented to adapt to the new administration’s priorities — and lays out what to watch for this year.

  • What An Uptick In Shareholder Activism Means For Banking

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    With increasing bank M&A activity, activists are becoming more focused on larger banking institutions, but there are ways banks can begin to prepare in case they need to defend against activist campaigns, say attorneys at Debevoise.

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