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Delaware
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February 10, 2026
Elliott Affiliate Urges 3rd Circ. To Keep Citgo Sale On Track
Amber Energy Inc. has asked the Third Circuit to reject appeals of an order accepting its multibillion-dollar bid for shares in Citgo Petroleum Corp.'s parent company, saying a lower court "came nowhere near abusing its discretion" and properly carried out the sale process.
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February 10, 2026
Investor In AI-Driven Software Biz Opens Fraud Suit In Del.
An investor in a Florida-based consulting company and provider of artificial intelligence-powered software sued a former principal of the business in Delaware's Court of Chancery late Monday, alleging insider conspiracies that included lining up a $15 million claim against the same business.
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February 10, 2026
Venezuela, Mining Co. Won't Shoulder $3.1M In Citgo Fees
A special master has lost his request to have Venezuela and gold mining company Gold Reserve pay his $3.1 million bill for defending against their unsuccessful bid to have him disqualified in long-running litigation over the sale of Citgo, with a judge saying they shouldn't have to shoulder "more than their ordinary share" of the fees.
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February 10, 2026
Theme Park Files Ch. 11 After Wrongful Death Judgment
The owner of Colorado's Glenwood Caverns Adventure Park has filed for Chapter 11 protection in Delaware bankruptcy court, saying it's unable to pay a $116 million wrongful death judgment.
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February 10, 2026
Chancery Rejects Bid To Block Potential Brazil Suit
The Delaware Chancery Court has dismissed a pro se investor's attempt to preemptively block potential litigation in Brazil, ruling that the court lacks subject matter jurisdiction to issue an anti-suit injunction based on a speculative threat and a contract provision that governs law, not forum.
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February 09, 2026
LRN Shareholder To Pay $18M To End Del. Defamation Suit
Activision founder Howard Marks will pay $18 million to LRN Corp. Chairman Dov Seidman and two others to exit a Delaware Superior Court defamation lawsuit over statements he made as class representative in a separate Delaware Court of Chancery shareholder case, a Monday filing states.
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February 09, 2026
Chancery Nixes TRO In Software Co. Squeeze-Out Claim
Delaware's Court of Chancery has rejected a bid for a temporary restraining order barring enforcement of an artificial intelligence-augmented software company's capital call, allegedly lined up as a "forfeiture device" to squeeze out the company's co-founder and chief tech officer.
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February 09, 2026
Prime Core Sues SFox For $2.6M Clawback In Crypto Ch. 11
The litigation trust for bankrupt cryptocurrency custodian Prime Core Technologies Inc. is seeking to claw back $2.6 million of preferential transfers from one of the company's former end users, stablecoin platform sFox Inc.
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February 09, 2026
Kurin Fights $1.6M IP Verdict As Rival Seeks More Damages
Kurin has urged a Delaware federal judge to overturn Magnolia Medical's $1.6 million patent verdict or order a new trial, while Magnolia Medical has asked the court to bar Kurin from selling allegedly infringing "Jet" blood-culture collection products and award it supplemental damages on Kurin's sales, plus ongoing royalties and interest.
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February 09, 2026
America's Test Kitchen Owner Wins Auction For Food52 Brand
Cooking and home goods e-commerce company Food52 Inc. has told a Delaware bankruptcy judge that the owner of the America's Test Kitchen television show's brand has submitted the winning bid for its primary business.
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February 09, 2026
Crypto Investor's $16M Case Ousted From Chancery
The Delaware Chancery Court on Monday dismissed a cryptocurrency investor's lawsuit accusing a group of crypto entities and insiders of engineering a $16 million "pump and dump" scheme, ruling the claims were not properly brought in equity and belong, if anywhere, in the Delaware Superior Court instead.
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February 09, 2026
Catching Up With Delaware's Chancery Court
Delaware's chancellor has rejected a bid for dismissal of a derivative suit accusing Coinbase Global Inc. insiders of massively unloading shares ahead of a steep stock drop, stressing a special litigation committee's failure to meet independence standards.
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February 09, 2026
States Seek Quick Win On $100K H-1B Fee 'Power-Grab'
A group of 20 states asked a Massachusetts federal judge for a win in their challenge to the Trump administration's policy imposing a $100,000 fee on certain H-1B visa petitions, arguing the measure unlawfully rewrites Congress' carefully calibrated immigration scheme and exceeds executive authority.
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February 09, 2026
Novo Nordisk Sues Hims & Hers Over Knockoff GLP-1
Novo Nordisk AS followed through on Monday in Delaware federal court on a plan it announced last week to sue telehealth company Hims & Hers Health Inc. over its marketing of what Novo Nordisk calls a knockoff version of its GLP-1 medications.
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February 09, 2026
Production Co. Fights To Keep Film Credits Suit In Chancery
A Delaware Chancery Court judge on Monday pondered whether she still has authority to hear a dispute over a 2024 Maltese-shot war action film, after both sides agreed that the case's remaining claims now center solely on money damages rather than equitable relief.
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February 06, 2026
Trump Admin, States Reach Agreement In School DEI Fight
The Trump administration has agreed not to condition federal education funding for state and legal education agencies on what a coalition of nearly 20 states alleged was an incorrect interpretation of law in relation to diversity, equity and inclusion, according to a Friday filing in Massachusetts federal court.
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February 06, 2026
Squires Rules Inconsistent Claim Constructions Doom 3 IPRs
U.S. Patent and Trademark Office Director John Squires has undone three decisions by the Patent Trial and Appeal Board instituting inter partes reviews, finding that the patent challengers made conflicting claim construction arguments in the reviews and in court.
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February 06, 2026
SpaceX Investing Co. Sued In Del. Over Unlaunched Reports
A fund that pumped $10 million into a company formed in 2022 with the sole purpose of investing in SpaceX sued Friday in Delaware's Court of Chancery for breach of contract, citing repeated failures to deliver required financial reports and observing that past demands have been met with documents stamped "Draft."
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February 06, 2026
Contractor Owner Fights Perjury Charges Tied To Bankruptcy
The owner of a bankrupt government contractor has asked a Delaware federal court to throw out a perjury indictment against her, arguing federal prosecutors criminalized what she said were good faith, and in some cases accurate, disclosures made during a fast-moving bankruptcy case
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February 06, 2026
MeridianLink Sued In Del. For Share Price In $2B Acquisition
Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.
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February 06, 2026
PTAB Tosses 2nd Patent On Cologuard Colon Cancer Test
The Patent Trial and Appeal Board has found that Geneoscopy had shown that all the claims it challenged in a patent on Exact Sciences' colon cancer test Cologuard are invalid as obvious, months after the PTAB invalidated claims in a similar patent.
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February 06, 2026
3rd Circ. Remands J&J Unit's Libel Suit Over Talc Study
Johnson & Johnson's talc liability unit will get another chance to pursue libel claims against a scientist over an article she wrote linking talcum power to mesothelioma, after the Third Circuit agreed to send the case back to New Jersey federal court.Â
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February 06, 2026
TPG Hid Exactech Defects To Dodge Liability, Trust Alleges
The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018, concealing the implants' defects, delaying product recalls and pushing the company into Chapter 11 to avoid liability.
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February 06, 2026
Fed. Circ. Clears E-Tracking Patents In Apple PTAB Challenge
The Federal Circuit on Friday rejected Apple's appeal of a Patent Trial and Appeal Board decision that upheld claims in an LBT patent for electronic location tracking.
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February 06, 2026
Squires Revives Dish Patent Over Pornhub RPI Error
U.S. Patent and Trademark Office Director John Squires has vacated the Patent Trial and Appeal Board's invalidation of a Dish Technologies LLC streaming patent, saying it took too long to disclose a real party in interest.
Expert Analysis
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8 Ways Lawyers Can Protect The Rule Of Law In Their Work
Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.
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Kousisis Concurrence Maps FCA Defense To Anti-DEI Suits
Justice Clarence Thomas' recent concurrence in Kousisis v. U.S. lays out how federal funding recipients could use the high standard for materiality in government fraud cases to fight the U.S. Justice Department’s threatened False Claims Act suits against payees deviating from the administration’s anti-DEI policies, say attorneys at Miller & Chevalier.
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Assessing New Changes To Texas Officer Exculpation Law
Consistent with Texas' recent modernization of its corporate law, the recently passed S.B. 2411 allows officer exculpation, streamlines certificate of formation amendments, authorizes representatives to act on shareholders' behalf in mergers and makes other changes aimed toward companies seeking a more codified, statutory model of corporate governance, say attorneys at Bracewell.
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Series
Law School's Missed Lessons: Communicating With Clients
Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.
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Trending At The PTAB: Shifts In Parallel Proceedings Strategy
Dynamics are changing between the Patent Trial and Appeal Board and federal courts, with two recent discretionary denials and one Federal Circuit decision offering takeaways for both patent owners and challengers navigating parallel proceedings, say attorneys at Finnegan.
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Series
Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
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Del. Ruling May Redefine Consideration In Noncompetes
The Delaware Court of Chancery's conclusion in North American Fire v. Doorly, that restrictive covenants tied to a forfeited equity award were unenforceable for lack of consideration, will surprise many employment practitioners, who should consider this new development when structuring equity-based agreements, say attorneys at Morrison Foerster.
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Discretionary Denial Rulings May Spur Calls For PTAB Reform
The U.S. Patent and Trademark Office's recent decision in iRhythm Technologies v. Welch Allyn, denying inter partes review based on the patent owner's settled expectations that the patent would not be challenged, could motivate patent holders to seek Patent Trial and Appeal Board reform to preserve patent quality without burdening owners, say attorneys at Dechert.
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Opinion
Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Drawbacks For Taxpayers From Justices' Levy Dispute Ruling
The Supreme Court's June decision in Commissioner v. Zuch, holding the Tax Court lacks jurisdiction to resolve disputes where the IRS has stopped pursuing a levy, may require taxpayers to explore new tactics for mitigating the increased difficulty of appealing their liability via collection due process hearings, says Matthew Roberts at Meadows Collier.
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Tips For Litigating Apex Doctrine Disputes Amid Controversy
Litigants once took for granted that deposition requests of high-ranking corporate officers required a greater showing of need than for lower-level witnesses, but the apex doctrine has proven controversial in recent years, and fights over such depositions will be won by creative lawyers adapting their arguments to this particular moment, say attorneys at Hangley Aronchick.
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Series
Performing As A Clown Makes Me A Better Lawyer
To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.
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Series
Law School's Missed Lessons: Rejecting Biz Dev Myths
Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.
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Del. Dispatch: General Partner Discretion In Valuing Incentives
In Walker v. FRP Investors, the Delaware Court of Chancery recently held that the general partner of a limited partnership breached its obligations when determining the threshold value of newly issued incentive units, highlighting the court's willingness to reconstruct what a reasonable determination of value by a general partner should have been, say attorneys at Fried Frank.
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Move Beyond Surface-Level Edits To Master Legal Writing
Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.