Corporate

  • February 18, 2026

    DTE Energy Hit With $100M Fine In Clean Air Act Action

    Energy company DTE Energy Co. and its subsidiaries were hit with a $100 million civil penalty and ordered to fund a $20 million air quality program after a Michigan federal judge found they violated the Clean Air Act by illegally modifying a steel-manufacturing-related facility, resulting in higher levels of pollution.

  • February 18, 2026

    SEC Plans To Repeal Biden-Era Rule On ESG Fund Names

    The U.S. Securities and Exchange Commission on Wednesday proposed a number of changes that would impact regulated funds, including one that would overturn a Biden administration rule requiring funds that hold themselves out as sustainable or socially conscious to invest the majority of their money in the causes they tout.

  • February 18, 2026

    J&J Unit Appeals $442M Catheter Antitrust Loss To 9th Circ.

    Johnson & Johnson's Biosense Webster health tech unit urged the Ninth Circuit to overturn a California federal jury's $147 million antitrust verdict — later upped to $442 million — over the company withholding cardiac mapping support to hospitals using third-party reprocessed catheters, saying Innovative Health LLC didn't prove its allegations of unlawful tying.

  • February 18, 2026

    Medtronic Exec Alleges Retaliatory Firing For Whistleblowing

    Minnesota-based medical device company Medtronic Inc. fired an executive for raising concerns that the company artificially boosted its sales figures routinely, he told a Colorado state court.

  • February 18, 2026

    Google's Kent Walker Talks AI, Competition, Digital Regulation

    Kent Walker, general counsel and president of global affairs for Google LLC and its parent company Alphabet Inc., said in a recent speech in Ireland that new technology has given the world "a reset button," similar to the discovery and development of algebra, but that it was incumbent on European Union leaders to streamline regulations and act as a force for growth.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    Retirees' Attys Get $99M Cut Of Colgate-Palmolive ERISA Deal

    A New York federal judge has signed off on a $99 million request from attorneys representing Colgate-Palmolive retirees who sought fees, expenses and other costs from an overall $332 million megadeal, ending claims the company skimped on pensioners' lump-sum retirement payouts.

  • February 18, 2026

    Latham Adds Ex-FCC Commissioner As Partner In DC

    Geoffrey Starks, who stepped down from the Federal Communications Commission last year after 10 years at the agency, has joined Latham & Watkins LLP as a partner, where he'll advise clients on a range of communications matters such as broadband policies, data security and artificial intelligence.

  • February 18, 2026

    Va.'s Privia Medical Group Doctor Sues In Del. For Records

    A physician member of Virginia-based Privia Medical Group LLC has sued the company in Delaware Chancery Court, accusing it of stonewalling her efforts to inspect books and records under the company's operating agreement amid concerns about insurance reimbursement practices and related risks.

  • February 18, 2026

    Jury Finds Ex-Coal Exec Guilty Of Authorizing Bribes

    A Pennsylvania federal jury Wednesday found a former coal executive guilty of authorizing bribes to an arm of the Egyptian government, following less than five hours of deliberations in a closely watched Foreign Corrupt Practices Act trial that commenced despite the government's pause on enforcement of the statute last year.

  • February 17, 2026

    Uber Wins 'Partial' Atty Fees Reimbursement In Assault MDL

    Uber can get $30,000 from an opposing attorney as "partial reimbursement" for the ride-hailing company's attorney fees in multidistrict litigation over sexual assault liability, a California federal judge ruled Tuesday, ordering the payment as a sanction against the attorney for disclosing confidential Uber information in other lawsuits.

  • February 17, 2026

    Musk Can't Be 'Tried On His Political Beliefs,' Judge Says

    A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations can't bring up the billionaire's political beliefs during the trial scheduled to start next month if it's outside the 2022 time period at issue, a California federal judge ruled Tuesday.

  • February 17, 2026

    Dismissal Of FTC Merger Rule Shows Nothing 'Broken' To 'Fix'

    Some antitrust practitioners see vindication in last week's Texas federal court decision throwing out the Federal Trade Commission's premerger reporting overhaul, saying it gives credence to arguments that U.S. antitrust enforcers were trying to plug holes in merger review where there were none.

  • February 17, 2026

    Chancery Disallows Arbitration In No Surprises Act Cases

    In a "narrow" first impression ruling, a Delaware magistrate in Chancery has rejected claims that the federal No Surprises Act provides for a narrow private right to seek the enforcement of an arbitration award in litigation over medical bills involving the act.

  • February 17, 2026

    Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

    The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.

  • February 17, 2026

    Founders Made Fish Farming Co. Go Belly Up, Court Told

    The president of a defunct fish farming company told a Texas federal judge that its founders misappropriated and then squandered $90 million worth of debt and equity, saying during a Tuesday bench trial that the layers of their deceit were "like an onion."

  • February 17, 2026

    Pa. Quarry Can't Shut Down Norfolk Southern's Sinkhole Suit

    A Pennsylvania federal judge has allowed the bulk of Norfolk Southern's lawsuit against a Philadelphia-area quarry to proceed, finding the rail carrier plausibly alleged that negligence on the quarry's part led to sinkholes that derailed a trail and cost more than $2.1 million to repair.

  • February 17, 2026

    SEC's Atkins Floats Litigation 'Safe Harbor' For Public Cos.

    U.S. Securities and Exchange Commission Chairman Paul Atkins on Tuesday put forth a raft of ideas for encouraging shorter corporate disclosures, including a possible "safe harbor" for publicly traded companies looking to avoid shareholder lawsuits for failing to report the impact of highly publicized events on their businesses.

  • February 17, 2026

    Airbnb Beats Suit Over Baby's Carbon Monoxide Poisoning

    A California federal judge on Tuesday gave Airbnb Inc. a win in a suit brought by a Montana family who claimed their baby suffered permanent brain damage from carbon monoxide exposure at a vacation rental, finding their allegations were speculative and lacked sufficient evidence.

  • February 17, 2026

    Law Professors Sue EEOC For Firm DEI Letter Records

    Two professors at law schools in Michigan and Florida have sued the Equal Employment Opportunity Commission in D.C. federal court, seeking documents related to 20 letters the agency sent to law firms over their purported diversity, equity and inclusion practices.

  • February 17, 2026

    Kirkland, Wachtell Lipton Steer Xerox $450M Venture With TPG

    Xerox, represented by Kirkland & Ellis LLP, announced Tuesday that it has created an intellectual property licensing joint venture with global alternative asset management firm TPG, advised by Wachtell Lipton Rosen & Katz, to strengthen the workplace technology company's balance sheet.

  • February 17, 2026

    Pepsi And Walmart Inflated Soda Prices, ND Businesses Say

    Pepsi and Walmart devised a plan to inflate prices for Pepsi soft drinks above competitive levels, two North Dakota businesses said in a proposed class action in New York federal court that alleges the companies violated federal antitrust laws.

  • February 17, 2026

    Coal Exec 'Had No Ability' To OK Paying Bribes, Jury Told

    A former coal executive's defense in a Foreign Corrupt Practices Act case could hinge on whether a jury believes a law professor's opinion that the Al Nasr Co. for Coke and Chemicals was officially owned by the Egyptian government and whether the executive "authorized" payments allegedly used to bribe Al Nasr officials, according to closing arguments in a federal trial Tuesday.

  • February 17, 2026

    Merger Materials Hid Portland Project Woes, Investors Say

    Defending against a dismissal motion, Broadmark Realty Capital shareholders are claiming proxy materials for a 2023 merger between Broadmark and Ready Capital failed to mention multifamily loan distress or cost overruns for a Portland, Oregon, project backed by a $460 million loan in Ready Capital's portfolio. 

  • February 17, 2026

    Catching Up With Delaware's Chancery Court

    Cryptocurrency and artificial intelligence disputes continued their slow weave into Delaware Court of Chancery and state Supreme Court dockets last week, with jurists and litigants grappling over how — or if — the courts' old-school equity jurisdiction and fiduciary duty hooks apply to new kinds of deals.

Expert Analysis

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • FTC Focus: M&A Approvals A Year After Trump's Election

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    The Federal Trade Commission merger-enforcement regime a year since President Donald Trump's election shows how merger approvals have been expedited by the triaging out of more deals, grants for early termination of the Hart-Scott-Rodino waiting period, and zeroing in on preparing solutions for the biggest problems, say attorneys at Proskauer.

  • AG Watch: DC Faces Congressional Push To End Elected Role

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    Given the current structural tension between D.C.'s local autonomy and congressional plenary power, legal and business entities operating in the district should maintain focus on local enforcement gaps, and monitor the legislative process closely, says Lauren Cooper at Hogan Lovells.

  • Federal Acquisition Rules Get Measured Makeover

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    The Trump administration's promised overhaul of the Federal Acquisition Regulation is not a revolution in rules, but a meaningful recalibration of procurement practice that gives contracting officers more space to think, to tailor and to try, say attorneys at Mayer Brown.

  • 2nd Circ. Peloton Ruling Emphasizes Disclosure Context

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    The Second Circuit’s recent decision to revive shareholders’ suit alleging that Peloton made materially misleading statements makes clear that public companies must continually review risk disclosures to determine if previous hypotheticals have materialized, say attorneys at Baker Botts.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • Lessons From 7th Circ. Decision Affirming $183M FCA Verdict

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    The Seventh Circuit's decision to uphold a $183 million False Claims Act award against Eli Lilly engages substantively with recurring materiality and scienter questions and provides insights into appellate review of complex trial court judgments, say Ellen London at London & Naor, Li Yu at Bernstein Litowitz and Kimberly Friday at Osborn Maledon.

  • HSR Data Shows Most Deals Exit Antitrust Review Unscathed

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    Merger activity is up, enforcement is down and the vast majority of deals are emerging from U.S. federal antitrust review in one piece, new 2024 fiscal-year Hart-Scott-Rodino data shows, meaning companies should not shy away from deals based on a perception that recent antitrust enforcement has been unusually aggressive, says Amanda Wait at Michael Best.

  • Opinion

    Punitive Damages Awards Should Be Limited To 1st Instance

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    Recent verdicts in different cases against Johnson & Johnson and Monsanto showcase a trend of multiple punitive damages being awarded to different plaintiffs for the same course of conduct by a single defendant, a practice that should be deemed unconstitutional by the U.S. Supreme Court, says Jacob Mihm at Polales Horton.

  • How Calif. High Court Is Rethinking Forum Selection Clauses

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    Two recent cases before the California Supreme Court show that the state is shifting toward greater enforcement of freely negotiated forum selection clauses between sophisticated parties, so litigators need to revisit old assumptions about the breadth of California's public policy exception, says Josh Patashnik at Perkins Coie.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

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