Corporate

  • October 28, 2026

    Wallpaper Biz Ex-CFO Gets 3 Years For Embezzlement

    An Illinois federal judge on Tuesday sentenced the former chief financial officer of a Chicago-area company's wallpaper business subsidiary to three years in prison for embezzling more than $1 million from the entity to purchase luxury items.

  • October 28, 2026

    Electronics Maker Says $48.5M Tax Suit Wrongly Tossed

    Electronics manufacturer Flex Ltd. urged the Delaware Supreme Court on Wednesday to revive its bid for a $48.5 million tax distribution from its Nextracker Inc. spinoff, arguing the companies' agreements entitled it to the money, while Nextracker maintained Flex had agreed to bear the tax costs.

  • October 28, 2026

    Meta Wants Ex-WhatsApp Security Head's Suit Axed For Good

    Meta has urged a California federal judge to permanently dismiss a whistleblower retaliation suit from a former cybersecurity head for WhatsApp, saying the fourth version of his complaint repleads theories the court has tossed and still doesn't show the managers responsible for the alleged retaliation knew about his claimed protected activity.

  • October 28, 2026

    'Modest Needs' Founder Gets 8 Years For Looting Charity

    A Manhattan federal judge on Wednesday sentenced a charity founder to eight years in prison for embezzling over $2.5 million of charitable funds to live a luxury lifestyle, after his bid to withdraw a guilty plea on fraud and tax evasion charges was nixed.

  • October 28, 2026

    Pharma Co. Settles Workers' 401(k) Forfeiture Suit

    Boehringer Ingelheim USA Corp. and workers who accused the pharmaceutical company of misusing forfeitures from an employee 401(k) plan have settled their federal benefits dispute, parties told a Connecticut federal court Wednesday.

  • October 28, 2026

    Weil To Wind Down As Top Attorneys Abandon Firm

    Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.

  • October 28, 2026

    U. Of Buffalo Prof Skeptical Of SpaceX-Tesla Merger Benefits

    Elon Musk made headlines when he said on Oct. 20 that a merger between SpaceX and Tesla, the two multitrillion-dollar companies he leads, would be a "good idea." But not everyone sees it that way. 

  • October 28, 2026

    CBP Clears Nearly 16M Imports In 3rd Tariff Refund Phase

    In just over two weeks, U.S. Customs and Border Protection has cleared nearly 16 million more imports as part of the third phase of its tariff refund system, according to a declaration filed by a CBP official at the U.S. Court of International Trade.

  • October 28, 2026

    Restaurant Investor Says Divorce Left Repayment In Dispute

    A former employee and investor in a Pittsburgh-area chain of Mexican restaurants says he wants to be repaid after his retirement, but the former co-owners' divorce has left each party claiming the other owes him the money, according to a lawsuit the investor filed in Pennsylvania state court Tuesday.

  • October 28, 2026

    GE Vernova Taps Skadden For $9B Grid Equipment Buy

    GE Vernova said Wednesday it has agreed to purchase German high-voltage energy grid equipment company Trench Group from investment firm Triton Partners for $9 billion, tapping Skadden Arps Slate Meagher & Flom LLP to advise on the acquisition.

  • October 27, 2026

    Mass. Hospitals Sue Lilly Over 340B Discount Data 'Extortion'

    A group of Massachusetts hospitals claim drugmaker Eli Lilly & Co. unlawfully holds hostage medication discounts meant to benefit low-income patients by demanding that hospitals hand over sensitive patient claims data or pay "exorbitant" inflated prices, according to a lawsuit filed Tuesday in Boston federal court.

  • October 27, 2026

    Anthropic's 'Existential Risks' Warning Sets Stage For AI IPOs

    Anthropic PBC's registration statement includes more than 90 pages of risk disclosures for prospective investors ahead of the Claude developer's planned public offering, including "existential risks to humanity" posed by advanced artificial intelligence and a corporate governance structure the company warns may make it difficult for voting shareholders to replace directors and managers.

  • October 27, 2026

    Md. Cannabis Co. Ordered To Pay $2M Over Unpaid Fees

    Baltimore-based Evermore Cannabis Co. must pay a $1.98 million arbitration award levied against it after it was found to have intentionally dodged fees it promised to pay to a capital advisory firm as part of a contract that helped the marijuana cultivator secure loans, a California state court judge has ruled.

  • October 27, 2026

    Justice Department Inks 1st 'Near-Miss' Nonprosecution Deal

    Software company Extreme Networks Inc. has agreed to pay $975,722 in penalties to put to rest allegations it unlawfully sold to a sanctioned Russian weapons manufacturer as part of a nonprosecution agreement that the U.S. Department of Justice said marks its first "near-miss" case under a new corporate disclosure policy.

  • October 27, 2026

    Energy Co. Investor Seeks Answers On Rebuffed Tech Bid

    An investor in Scuderi Group Inc. has sued the privately held company in Delaware Chancery Court, alleging he and his family have received no return on their investment and are being denied financial records needed to determine its value.

  • October 27, 2026

    Ga. Panel Lets Lyft Escape Liability In Driver Assault Suit

    A Georgia appellate court ruled Tuesday that Lyft was properly dismissed from a suit by a passenger who was badly beaten by his driver, ruling that reports of unsafe driving and suspected drug or alcohol use did not make the driver's violent assault reasonably foreseeable.

  • October 27, 2026

    JPMorgan Seeks Sanctions In Ex-Banker's Bias Suit

    A former JPMorgan Chase employee's claims of racial discrimination and sexual harassment were completely false and manufactured, JPMorgan and the employee's former supervisor said in motions urging a New York federal judge to levy sanctions against Chirayu Rana for his "fraudulent litigation."

  • October 27, 2026

    New Jersey Says DuPont Deal Bars Town's $1B PFAS Claims

    The New Jersey Department of Environmental Protection backed various DuPont entities' bid to toss the remaining claims in a municipality's $1 billion lawsuit over forever chemical contamination stemming from a longtime DuPont facility, arguing that a landmark settlement the state reached earlier this year bars the claims.

  • October 27, 2026

    6 Firms Advise On Ares' $2.6B MidCap Financial Buy

    Ares Capital Corp. said Tuesday it has agreed to acquire middle-market lender MidCap Financial Investment Corp. in a stock-and-cash transaction for an enterprise value of about $2.6 billion, with six law firms advising on the transaction.

  • October 27, 2026

    IRS Asks 1st Circ. To Toss Shuttered Bank Owner's Claims

    The IRS asked the First Circuit to dismiss unlawful property seizure and due process claims against former IRS Criminal Investigation officers in a dispute related to a shuttered online bank suspected of facilitating tax evasion and money laundering, saying the bank's former owner failed to establish plausible allegations.

  • October 27, 2026

    AeroVironment Says It Flagged Space Force Contract Risks

    AeroVironment Inc. asked a Virginia federal judge to throw out a proposed class action alleging it misled investors about a terminated U.S. Space Force contract worth up to $1.7 billion, arguing it reasonably characterized its contract performance and warned about such risks.

  • October 27, 2026

    Meta Investors Say No-Vote Stock Plan Benefits Zuckerberg

    Union pension funds and other Meta stockholders have brought a proposed class action in Delaware Chancery Court against Mark Zuckerberg and the company's directors, including UFC President and CEO Dana White, seeking to halt a plan they say would let Zuckerberg sell billions of dollars in shares while cementing his voting control.

  • October 27, 2026

    IP Attys Lose Challenges To Client Origination Credits

    Former partners at intellectual property firm Ohlandt Greeley Ruggiero & Perle LLP failed to adequately support challenges to one another's client origination credits, a Connecticut federal judge has ruled, deciding the last factual issue in a yearslong dispute between two masthead members after two others died.

  • October 27, 2026

    Weil Loses 2 Regulatory Partners To Skadden In NY, DC

    Skadden Arps Slate Meagher & Flom LLP announced Tuesday it has hired two attorneys from Weil Gotshal & Manges LLP, as partner exits from that firm continue in the days following news of failed merger discussions with Willkie Farr & Gallagher LLP.

  • October 27, 2026

    AGs Sue To Block Treasury Rule Ending Shell Co. Reporting

    Nearly two dozen states sued the Trump administration Tuesday over its rollback of ownership reporting requirements for corporate entities, arguing the move constitutes an illegal, unilateral repeal of an anti-financial crime law that Congress enacted.

Expert Analysis

  • Series

    Fintech Regulator Outlook: Collaboration In North Dakota

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    The recent speed of new digital asset products entering the market continues to introduce compliance challenges, so regulators and companies alike must examine the intersection of artificial intelligence, cybersecurity, collaboration and modernization to navigate regulatory complexity, says Lise Kruse at the North Dakota Department of Financial Institutions.

  • What Lawyers Should Know Before Accepting Crypto Payment

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    As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    California's financial regulators spent the third quarter of 2026 focusing on consumer protection enforcement at home while resisting federal efforts to displace state oversight — reinforcing the state's intention to shape the compliance landscape for institutions operating within its borders despite federal deregulatory trends, say attorneys at Ropes & Gray.

  • DOJ's Unusual Warning Puts Protests In FARA Crosshairs

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    The U.S. Department of Justice’s recent atypical press release about Foreign Agents Registration Act liability may signal greater scrutiny of public demonstrations and foreign-directed advocacy — but it does not change the statutory requirements for companies and individuals, say attorneys at Pillsbury.

  • Zillow-Redfin Settlement Spotlights Nontraditional-Deal Risk

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    The Federal Trade Commission's recent settlement with Zillow and Redfin serves as a reminder that authorities are increasingly interested in challenging nontraditional transaction structures that effectively eliminate a market participant, which includes some exclusivity arrangements, say attorneys at Freshfields.

  • How States May Enter The Shareholder Proposal Landscape

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    Rescission of the U.S. Securities and Exchange Commission's shareholder proposal rule doesn't herald the end of shareholder activism, but it allows state legislatures to play a central role in determining the future of shareholder proposals, with that uncertainty creating new opportunities for both issuers and activists, say attorneys at Thompson Coburn.

  • Series

    Mentalism Makes Me A Better Lawyer

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    Convincing strangers I can read their minds may seem like an unusual second career for a legal practitioner, but both disciplines share several important requirements, including trust and preparation, says Warren Biro at Manatt.

  • Why And How To Build A Neurodiversity-Informed Practice

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    By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.

  • How FTC Win Charts A Court-1st Merger Litigation Playbook

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    A New York federal court's recent decision blocking Henkel's acquisition of Liquid Nails marked a decisive trial win for the Federal Trade Commission, and tips for merging parties in similar transactions now include preparing for full-blown federal litigation, including a complete evidentiary trial, say attorneys at Cooley.

  • How SEC Is Changing The Shareholder Proposal Landscape

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    The U.S. Securities and Exchange Commission continues to place its shareholder proposal rule at the center of its agenda, now with a newly proposed rule that would rescind it entirely, showcasing an agency seeking to narrow its overall focus, say attorneys at Thompson Coburn.

  • SEC's Shareholder Activism Role After The '26 Proxy Season

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    The U.S. Securities and Exchange Commission recently proposed eliminating its shareholder proposal rule, but this proxy season's combination of elevated campaign activity, limited formal escalation and measured voting outcomes illustrates why a targeted SEC role remains important, say attorneys at Sidley.

  • Understanding Risks Of Employees' AI-Drafted Complaints

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    As employees increasingly use generative artificial intelligence to draft complaints about workplace misconduct, investigators must adapt their practices so that the process remains fair, thorough and grounded in fact, says Rebecca Foxwell at Bracewell.

  • Prediction Market Case Tests Novel Insider Trading Theory

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    The government's argument in its case against a soldier accused of using classified information to bet on Venezuelan President Nicolás Maduro's capture would represent a sea change in how insider trading wire fraud has been prosecuted for decades, says Alex Blanchard at Holland & Knight.

  • Why Importers Should Assess IEEPA Refund Claims Now

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    Businesses that wait for direction from U.S. Customs and Border Protection or the courts before seeking refunds of their finally liquidated International Economic Emergency Procedure Act duties in court may find them out of reach as the earliest potential limitation deadlines are approaching, says Samuel Finkelstein at LMD Trade Law.

  • Abbott FCA Deal Shows Enforcement Adequacy Quandaries

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    Abbott Laboratories’ recent False Claims Act resolution illustrates several tricky questions that both prosecutors and defense counsel must address when weighing whether a civil enforcement action alone adequately addresses allegedly wrongful conduct, says James Koukios at MoFo.

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