Corporate

  • July 25, 2025

    Top Gov't Contracts Decisions Of 2025: A Midyear Report

    Federal courts and the U.S. Government Accountability Office decided several consequential cases impacting government contractors this year, including weighing the legality of project labor agreement requirements and their jurisdiction over Other Transaction Authority deals. Here, Law360 reviews the top government contracts-related rulings so far in 2025.

  • July 25, 2025

    CME Floor Traders Lose Membership Value Trial

    An Illinois jury on Friday sided with CME Group Inc. in a suit brought by longtime commodities traders who claimed the company violated their contractual trading floor access and proximity rights by opening a data center that accommodates high-speed and algorithmic trading, rejecting their request for $2 billion in damages.

  • July 25, 2025

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Glass Lewis brought a lawsuit against Texas over a measure it claims requires the proxy advisory firm to "publicly condemn itself" when its advice for clients reflects certain viewpoints the government disfavors. Meanwhile, a new proposed class action alleges Boeing employees on long-term disability leave missed out on a $12,000 bonus distributed after workers ratified a union contract. These are some of the stories in corporate legal news you may have missed in the past week.

  • July 25, 2025

    Judge Rejects FTC Comments In Amazon Defense

    A Washington federal judge rejected Amazon's bid to use the Federal Trade Commission's own statements against it in the agency's suit over allegedly deceptive "dark patterns" preventing consumers from unsubscribing from Amazon Prime, saying the e-commerce giant misrepresented the commission's old comments.

  • July 25, 2025

    Taxation With Representation: Weil, Freshfields, Linklaters

    In this week's Taxation With Representation, CC Capital and One Investment Management acquire Insignia Financial Ltd., catering giant Compass Group PLC acquires Dutch food and hospitality company Vermaat Groep BV, drugmaker Sanofi acquires biotech company Vicebio, and The Ether Machine launches as a public company.

  • July 25, 2025

    Crypto Group Appoints Ex-Legal Chief, Willkie Alum As CEO

    A Willkie Farr & Gallagher LLP alum will become the Crypto Council for Innovation's permanent leader after serving as acting CEO since December and previously serving as chief legal and policy officer.

  • July 24, 2025

    FCC Signs Off On Skydance's $8B Acquisition Of Paramount

    The Federal Communications Commission on Thursday gave the green light to Skydance Media's controversial $8 billion acquisition of Paramount Global and its subsidiaries, including CBS' parent company, setting aside concerns that the deal will hurt competition.

  • July 24, 2025

    'May The Flow Be With You': Meta Team Made Menstrual Jokes

    A Meta legal vice president defending the company in a California federal trial over allegations it illegally gathers users' data from menstrual-tracking app Flo acknowledged Thursday that members of Meta's communications team made "inappropriate" menstruation-related jokes while discussing the issue, with one employee telling another: "May the flow be with you."

  • July 24, 2025

    Trump AI Push Runs Up Against Cost, Enviro Concerns

    President Donald Trump's push to rapidly build infrastructure for the booming artificial intelligence industry could drive up energy costs in markets supporting data center growth and even hit roadblocks if state and local governments resist new developments.

  • July 24, 2025

    NC Judge Reins In Row Over Clinical Trial Software Contract

    A 6-year-old breach of contract suit got pruned on its second trip to North Carolina's business court Wednesday, with defendant Pharmaceutical Research Associates Inc. winning partial summary judgment against former PRA employee Neil Raja and the healthcare technology company he founded, Value Health Solutions Inc.

  • July 24, 2025

    7th Circ. Erases Class Cert. Over Progressive's Car Valuation

    The Seventh Circuit on Thursday reversed a policyholder's class certification win against Progressive Insurance over certain adjustments the insurer makes when calculating a totaled vehicle's actual cash value, finding that whether Progressive paid insureds the proper amount is a primarily individualized inquiry.

  • July 24, 2025

    Glass Lewis Sues Texas Over Proxy Advisory Restrictions Law

    Proxy advisory firm Glass Lewis & Co. LLC sued Texas Attorney General Ken Paxton on Thursday over a recently passed state law that it argues requires the firm to "publicly condemn itself" when its advice for clients reflects certain viewpoints the government disfavors.

  • July 24, 2025

    Fluor Investor Attys Awarded $2.4M For Derivative Suit Deal

    A Texas federal judge on Thursday awarded $2.4 million in attorney fees and expenses in a settlement that resolved a derivative suit against the top brass of Fluor Corp. over claims that executives covered up the engineering and construction giant's improper bidding practices for years and caused billions of dollars in losses to the company.

  • July 24, 2025

    Lincoln National Beats Investor Suit Over $2.6B Loss, For Now

    A Pennsylvania federal judge on Thursday tossed with leave to amend a proposed securities class action alleging that Lincoln National Corp. misled investors about its financial health before reporting a $2.6 billion net loss in 2022, finding that the investors didn't specify when Lincoln National had access to certain data and studies.

  • July 24, 2025

    UnitedHealth Discloses DOJ Medicare Civil, Criminal Probes

    UnitedHealth Group Inc. has disclosed that it is complying with formal criminal and civil requests from the U.S. Department of Justice, following media reports about investigations into aspects of the insurance giant's participation in Medicare.

  • July 24, 2025

    JBS S.A. Sued In Del. Over Pilgrim's Pride Control Moves

    Pension fund stockholders of poultry industry giant Pilgrim's Pride Corp. have sued Brazil-based meat giant JBS S.A., its affiliates and its Pilgrim's board appointees in Delaware's Court of Chancery, alleging actions that unfairly increased JBS' clout and access to dividends and tax benefits at minority shareholder expense.

  • July 24, 2025

    AI Rollout At USPTO Has Attys Foreseeing Stronger Patents

    As the U.S. Patent and Trademark Office incorporates more use of artificial intelligence in patent examination, attorneys predict the technology could lead to stronger patents in the future, especially for designs, though it may make the process more challenging for applicants.

  • July 24, 2025

    Ex-Astros CEO Says He Fully Trusted Owner During 2011 Sale

    A former Houston Astros CEO testified Thursday in state court that the baseball team fully trusted owner Drayton McLane Jr. during his 2011 sale of the team when he said Comcast Corp. could deliver on a plan estimated to be worth $700 million over eight years.

  • July 24, 2025

    IRS Can Levy Religious Group's Property, Split 9th Circ. Says

    The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and bank account, a divided Ninth Circuit ruled Thursday.

  • July 24, 2025

    Luminar CEO's Resignation Sparks Investor Suit

    Laser sensor company Luminar Technologies Inc., its ex-CEO and chief financial officer were hit with a proposed shareholder class action alleging that they failed to inform investors that its highest officer was engaging in conduct that made him subject to an inquiry by an audit committee, leading to his resignation in May.

  • July 24, 2025

    Sun Pharma Settles Consumer Price Fixing Case For $200M

    Sun Pharmaceuticals has agreed to a $200 million settlement with a class of consumers who claim that the company joined other generics makers in fixing drug prices.

  • July 24, 2025

    FTC May Join Intuitive Surgical Antitrust Appeal

    The Federal Trade Commission has asked the Ninth Circuit for extra time to decide if it will weigh in on a $140 million antitrust appeal involving Intuitive Surgical's da Vinci robot.

  • July 24, 2025

    SEC Escapes Atty Fee Bid After Rare In-House Loss

    The U.S. Securities and Exchange Commission will not have to reimburse a Michigan-based company that spent four years fighting to have a trading suspension lifted, an administrative law judge has ruled, though he said the case raised "serious questions" about the agency's process for obtaining such suspensions.

  • July 24, 2025

    Waste Management Unit Sues PE Fund Over Eviction Threat

    A Waste Management Inc. subsidiary accused its private equity fund landlord in Colorado state court of wrongfully threatening the company with eviction from its local large waste recycling facility in north Denver.

  • July 24, 2025

    Union Pacific, Norfolk Pursuing Coast-to-Coast Rail Megadeal

    Norfolk Southern Corp. and Union Pacific Corp. on Thursday confirmed they are in "advanced discussions" on a potential megamerger that would create a transcontinental rail giant — and one that may stand a better chance of success under a more flexible regulatory regime. 

Expert Analysis

  • Series

    Playing The Violin Makes Me A Better Lawyer

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    Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.

  • DOJ Enforcement Trends To Watch In 2nd Half Of 2025

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    Recent investigations, settlements and a declination to prosecute suggest that controlling the flow of goods into and out of the country, and redressing what the administration sees as reverse discrimination, are likely to be at the forefront of the U.S. Department of Justice's enforcement agenda the rest of this year, say attorneys at Baker Botts.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q2

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    In the second quarter of the year, New York utilized every available tool to fill gaps left by federal retrenchment from consumer finance issues, including sweeping updates to its consumer protection framework and notable amendments to cybersecurity rules, say attorneys at Steptoe.

  • SEC Proposal Could Hurt Foreign Issuers' US Market Access

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    The U.S. Securities and Exchange Commission’s June call for feedback on potentially narrowing how it designates foreign private issuers of securities could ultimately result in significant new barriers for traders that rely on FPI accommodations to participate in U.S. markets, say attorneys at Gibson Dunn.

  • Federal Regs Order May Spell Harsher FDCA Enforcement

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    A recent executive order aimed at reducing criminal prosecutions of those who unknowingly violate complex federal regulations may actually lead to more aggressive felony indictments under the Federal Food, Drug and Cosmetic Act, but companies and executives can mitigate risks by following several key principals, say attorneys at McGuireWoods.

  • DOJ's 1st M&A Declination Shows Value Of Self-Disclosures

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    The U.S. Department of Justice's recent decision not to charge private equity firm White Deer Management — the first such declination under an M&A safe harbor policy announced last year — signals that even in high-priority national security matters, the DOJ looks highly upon voluntary self-disclosures, say attorneys at Perkins Coie.

  • Series

    Law School's Missed Lessons: Practicing Self-Care

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    Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard​​​​​​​ at MG+M.

  • Nev. Steps Up Efforts To Attract Incorporations With New Law

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    Recent amendments to Nevada corporate law, which will narrow controlling stockholders’ liability, streamline mergers and allow companies to opt out of jury trials, show the interstate competition to attract new and reincorporating companies is still heating up, say attorneys at Simpson Thacher.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • Plan For Increased HSR Info Sharing With Wash. Antitrust Law

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    Washington's merger notification requirements, effective later this month, combined with the Federal Trade Commission's new Hart-Scott-Rodino Act rules, will result in greater information sharing among state and federal agencies, making it important for merging parties to consider their transaction's potential state antitrust implications early on, say attorneys at McDermott.

  • Federal Construction Considerations Amid Policy Overhaul

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    The rapid overhaul of federal procurement, heightened domestic sourcing rules and aggressive immigration enforcement are reshaping U.S. construction, but several pragmatic considerations can help federal contractors engaged in infrastructure and public construction avoid the legal, financial and operational fallout, say attorneys at Cozen O'Connor.

  • 3rd-Party Audit Tactics To Improve Export Control Compliance

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    Companies should take a strategic approach to third-party audits in response to the Trump administration's ramp-up of export control enforcement with steps that strengthen their ability to identify the control weaknesses of distributors, dealers and resellers, say Michael Huneke at Hughes Hubbard, and John Rademacher and Abby Williams at Secretariat Advisors.

  • A Look At Trump Admin's Shifting Strategies To Curtail CFPB

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    The Trump administration has so far carried out its goal of minimizing the Consumer Financial Protection Bureau's authority and footprint via an individualized approach comprising rule rollbacks, litigation moves and administrative tools, say attorneys at Holland & Knight.

  • Can Companies Add Tariffs Back To Earnings Calculations?

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    With the recent and continually evolving tariffs announced by the Trump administration, John Ryan at King & Spalding takes a detailed look at whether those new tariffs can be added back in calculating earnings before interest, taxes, depreciation and amortization — an important question that may greatly affect a company's compliance with its financial covenants.

  • Evading DOJ Crosshairs As Data Security Open Season Starts

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    As the U.S. Department of Justice begins enforcing its new data security program — aimed at preventing foreign adversaries from accessing government-related and personal sensitive data — U.S. companies will need to understand the program’s contours and potential pitfalls to avoid potential civil liability or criminal scrutiny, say attorneys at Cohen & Gresser.

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