Corporate

  • 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.

  • October 27, 2026

    4 Firms Steer Landmark $63B AI Financing Structure

    Blackstone, Bank of America, Citi and Morgan Stanley formed a deal providing $63 billion to buy Broadcom artificial intelligence chips and network components for Anthropic in a deal guided by Kirkland & Ellis LLP, Latham & Watkins LLP, Sullivan & Cromwell LLP and Milbank LLP.

  • October 26, 2026

    Meta Docs Reveal Plan To Discredit Teen-Harm Critic Haidt

    Meta internally set a goal to "get the academic community to disavow" and "turn against" professor Jonathan Haidt, who has linked social media use to mental health decline, as it in-house rebuffed internal efforts to study social media's impact on teen health, according to recently unredacted documents filed publicly Friday.

  • October 26, 2026

    Novo Can't Get 'Deceptive' Lilly GLP-1 Ads Blocked Amid Suit

    A New Jersey federal judge on Monday refused to issue an injunction blocking Eli Lilly & Co. from running ads allegedly comparing its GLP-1 drug to Novo Nordisk Inc.'s using "outdated" clinical trials and "false superiority messages," ruling that Novo Nordisk hasn't shown it would be irreparably harmed.

  • October 26, 2026

    Trump Media Investor Says Firm Reaped $18M On Inside Info

    A Trump Media & Technology Group Corp. shareholder told jurors in Florida federal court on Monday that the $18 million a venture capital firm made when Trump Media went public should be returned because it was the result of insider trading.

  • October 26, 2026

    Attys Seek $20M Award For $59M Fragrance Price-Fix Deals

    Fragrance ingredient buyers and the attorneys who helped them secure $59 million in price-fixing settlements are now asking a New Jersey federal court for final approval and the green light to set aside a third of those funds for legal counsel.

  • October 26, 2026

    Soul BnB Says Airbnb Didn't Properly Serve TM Case

    A wellness retreat company called Soul BnB asked a California federal judge on Monday to lift a default judgment in a trademark infringement lawsuit filed by Airbnb, claiming the suit was not properly served.

  • October 26, 2026

    LA Producer Sues Tony Robbins, Fox Over 'Man's Search' Film

    A Los Angeles producer has sued Tony Robbins, Fox Corp., her former business partner and multiple other entities in California federal court, alleging they engaged in "disloyalty, concealment and self-dealing" and iced her out of adapting Holocaust survivor Viktor Frankl's best-selling memoir "Man's Search for Meaning" into a feature-length film.

  • October 26, 2026

    NBCUniversal Sued Over Alleged Leak Of Employee Data

    An NBCUniversal employee filed a proposed class action in New York federal court over the company's alleged "incompetent" security measures that led to a cybercriminal organization hacking sensitive personal records of around 35,000 workers.

  • October 26, 2026

    Whistleblower 'Gold Rush' Might Strain DOJ, Experts Warn

    A new federal program offering cash for tips that result in criminal fraud charges is poised to set off a whistleblower "gold rush" that could uncover more fraudsters, but might also invite a high number of low-quality claims that burden businesses and strain limited U.S. Department of Justice resources, experts say.

  • October 26, 2026

    Ex-Exec's Bias Suit Says BofA Penalized Him For Family Care

    Bank of America penalized a white ex-executive in his 50s for working from an office closer to his sick mother, while allowing non-white and younger employees to utilize similar flexible work arrangements without issue, according to a bias suit filed in North Carolina federal court.

  • October 26, 2026

    Empery Faces Limited Restrictions In ATG Proxy Fight

    The Delaware Chancery Court ruled Monday that Empery Digital Inc. must provide activist investor ATG Capital Opportunities Fund LP five business days' notice before taking certain major corporate actions while the parties fight over a disputed board seat, rejecting broader restrictions that could give ATG outsized influence over the company's operations.

  • October 26, 2026

    First Liberty Founder Gets 15 Years For Ponzi Scheme

    A Georgia federal judge sentenced First Liberty Building & Loan LLC founder Brant Frost IV to 15 years in prison Monday, about six months after prosecutors charged him with running a Ponzi scheme that bilked investors out of $140 million.

  • October 26, 2026

    Hewlett Packard Hits Exec With AI Trade Secret Suit

    Hewlett Packard Enterprise says in a Colorado federal court suit that an executive it has placed on administrative leave is improperly in possession of trade secrets covering an artificial intelligence tool he oversaw the development of.

  • October 26, 2026

    Conn. Residents Settle PFAS Suit Against Kimberly-Clark

    A group of New Milford, Connecticut, residents has reached a settlement in their suit alleging that Kimberly-Clark Corp. contaminated their soil and water with forever chemicals.

  • October 26, 2026

    Colo. Real Estate Co. Says Investor Misread PE Priority Deal

    A Colorado industrial real estate firm seeking to exit a state court lawsuit argued that an investor retained its share in the company without scrutinizing a 2023 deal that gave a private equity firm control of the company and a priority stake in exchange for a $26.5 million investment.

  • October 26, 2026

    Insurer Escapes Policyholder Restructuring Fraud Row

    A group of policyholders failed to show that Genworth Life Insurance Co. committed fraudulent transfers by terminating various reinsurance agreements and issuing dividends to parent companies, the Delaware Chancery Court has ruled, saying the suit itself was an impermissible "collateral attack" that sought to undo regulatory approval for a restructuring.

  • October 26, 2026

    Former Willkie Partner, Wife Owe $14.5M Tax Debt, Gov't Says

    A former Willkie Farr & Gallagher LLP partner and his wife owe the U.S. more than $14.5 million in unpaid taxes, penalties and interest, according to a complaint filed in Manhattan federal court that seeks to enforce federal tax liens against their New York home to settle the debt.

  • October 26, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.

  • October 26, 2026

    Wilson Sonsini, Freshfields Advise Anthropic's IPO Filing

    Claude developer Anthropic PBC on Monday filed plans for its long-anticipated blockbuster initial public offering steered by Wilson Sonsini Goodrich & Rosati PC and Freshfields LLP.

  • October 23, 2026

    Real Estate Recap: Data Centers Bans, Multifamily Woes

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a look at states with data center bans on the ballot and one practice group leader's perspective on multifamily concerns ahead.

Expert Analysis

  • 4 Paths To AI Safety Coordination Amid Antitrust Debate

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    Frontier artificial intelligence companies have more room for collective safety work than the debate over an antitrust waiver suggests, with several existing avenues providing different degrees of protection and oversight, says Evan Miller at V&E.

  • A Look At Litigation Risks From Financing The AI Buildout

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    Artificial intelligence infrastructure financing can create gaps between accounting presentation and project-level economic exposure, and those gaps may affect management communications and how accounting experts can reconstruct the financial record when those communications become the subject of a securities dispute, says Erik Johannesson at Brattle Group.

  • Resetting For Success After Corporate Litigation Loses Focus

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    Corporate litigation that has lost strategic coherence may barrel disastrously ahead if counsel’s understanding of the matter drifts from the client’s goals, but cases can be wrenched back on track by diagnosing how facts have evolved, determining where resources are justified and deploying practical strategies for restoring discipline, says Jonathan Morris at Gordon Rees.

  • How Prediction Markets Could Be Used In Securities Litigation

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    Assuming there is enough liquidity, and insider trading concerns are properly addressed, prediction market prices could provide a valuable assessment of market consensus that adjusts faster than existing analysts' forecasts, which could be useful evidence to support securities class action claims, say analysts at Compass Lexecon.

  • How Boards, Lenders Can View ABC Bankruptcy Alternative

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    The broader adoption of the Uniform Assignment for the Benefit of Creditors Act, including Delaware's recent statute, gives boards and lenders a clearer framework for a familiar middle-market problem: companies too small to justify Chapter 11 economics but too complex for an unmanaged shutdown, says Jon Labovitz at Sherwood.

  • How GCs Can Assess The Risks Of Emerging AI Laws

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    Amid a swirl of momentous legislative activity aimed at regulating artificial intelligence, general counsel must return to first principles when determining whether new laws will apply and whether the company’s use could cause regulators to subject it to additional regulation, say attorneys at WilmerHale.

  • 9th Circ. Ruling Marks New Chapter In Risk Factor Tug-Of-War

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    The Ninth Circuit's recent dismissal of a securities fraud class action against SunPower is the latest in a growing line of cases addressing whether, if ever, a company's risk factor disclosures can give rise to potential liability, an area where the law remains unsettled, say attorneys at Alston & Bird.

  • Meta Deal Highlights Advisory Jury Issues, Litigation Risk

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    The $17 billion settlement of youth safety claims brought against Meta offers lessons for all consumer-facing companies because the court made the rare move of empaneling an advisory jury and the case was built on what the company learned from its own studies, says Mark Morgan at McCarter & English.

  • 1 Year And $1B Later, Trade Fraud Remains Key Priority

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    The Trade Fraud Task Force's success obtaining major settlements in its first year, along with the Justice Department signaling long-term commitment to customs enforcement, shows that importers should plan to make global supply chain oversight a board-level priority for years to come, says Kimberly Paschall at Riley Safer.

  • What State AI Election Laws Mean For The 2026 Midterms

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    In the absence of federal rules governing artificial intelligence in elections and no consensus emerging across state laws, campaigns, their vendors and AI developers must address the risks associated with outdated rules written for other problems, says Matthew Shapanka at Covington.

  • Series

    Law School's Missed Lessons: Cultivating Good Judgment

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    Law schools generally overlook the role that solid judgment skills play in real-world practice, but attorneys can bridge the gap by strengthening their abilities to assess a case’s strengths and weaknesses, develop and execute effective strategies, and provide clear recommendations to clients, says Manny Caixeiro at Venable.

  • DOJ Letter Rescission Portends Proxy Firm Antitrust Risk

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    The U.S. Justice Department's recent withdrawal of its 1987 business review letter issued to Institutional Shareholder Services, which shielded certain proxy advisory activities from anticompetitive enforcement, likely foreshadows renewed antitrust scrutiny of proxy advisory firms, say attorneys at Paul Weiss.

  • New Del. Corp. Law's Technical Tweaks Bring Broad Changes

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    While the new amendments to the Delaware General Corporation Law, which took effect on Aug. 1, appear technical, they have broad implications for wound-down corporations and carry personal exposure for whoever signed the certificate of dissolution, hinting at where entity law is heading next, says Ashwin Ram at Buchalter.

  • How Trucking Cos. Can Tackle Risk From New DOJ Task Force

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    Trucking companies should audit their drivers’ credentials and address risk areas lest they attract the attention of the new Justice Department-led task force against the fraudulent licensing of immigrants as commercial truckers, which is turning former questions of administrative or regulatory noncompliance into matters for federal prosecution, say attorneys at RJO.

  • 2 Cases Shed Light On Invoking The 5th Before Congress

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    Given the anticipated increase in congressional investigations following the midterm elections, those who anticipate being in Congress' spotlight can draw valuable Fifth Amendment lessons from the ongoing case involving Dr. Anthony Fauci's testimony and the D.C. Circuit’s recent ruling in de la Torre v. Cassidy, say attorneys at King & Spalding.

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