Chancery OKs Shortcut For Derivative Fox Suit

By Jeff Montgomery

A Delaware vice chancellor late Monday approved an unprecedented Fox Corp. call for a targeted summary judgment proceeding focused on a single Fox director's independence after a different jurist rejected, in November, dismissal of the suit, which seeks hundreds of millions of dollars in defamation damages in connection with broadcasts of bogus 2020 election claims.

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Chancery Tosses Palantir Suit Targeting Direct Sale Gains

By Jeff Montgomery

Observing that corporate insiders can't be penalized for profiting from public information, a Delaware vice chancellor has thrown out a derivative suit filed by Palantir Technologies stockholders accusing the private company's directors and officers of unfairly profiting from direct-to-market stock sales without taking the company public.

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Imerys Halts Ch. 11 Trial Over Foreign Claimant Issues

By Vince Sullivan

Bankrupt talc suppliers Imerys Talc America and Cyprus Mines Corp. and parties supporting their Chapter 11 plan to deal with asbestos injury claims unexpectedly announced Monday they wanted to halt the plan confirmation proceedings, following more than four days of evidence, citing issues surrounding the treatment of foreign claims against the debtors.

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3rd Circ. Won't Rethink Teamsters Fund's Win In $39M Row

By Matthew Santoni

The Third Circuit won't give a group of dairy businesses a second chance to prevent a Teamsters union pension fund from suing them and their affiliates to enforce a $39 million settlement, the court announced Monday.

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Mobile Comm Co. Sued For Docs In Del. Ahead Of Board Vote

By Jeff Montgomery

Two Sonim Technologies Inc. corporate stockholders have accused the mobile communications tech company of weaponizing board nomination rules "purely for entrenchment" of incumbents, in a Delaware Court of Chancery suit and preliminary injunction bid filed ahead of an upcoming annual meeting and takeover fight.

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Nikola Seeks Court OK For $9M Climate-Credit Sale Process

By Alex Wittenberg

Electric truck maker Nikola Corp. has asked a Delaware bankruptcy judge to approve a sale process for environmental credits the company earned by selling zero-emission vehicles, saying it has secured an $8.97 million bid that will set a floor price for the assets.

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Google Claims Row Delays Dormify's Ch. 11 IP Asset Sale

By Vince Sullivan

A dispute over a $600,000 claim from Google led bankrupt dorm room furnishing retailer Dormify Inc. to delay approval of a sale of its intellectual property assets to Williams-Sonoma Inc. Monday to give the debtor time to resolve the conflict.

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'Chicken Soup' Parent, Investor Settle Mismanagement Suit

By Ben Zigterman

Chicken Soup for the Soul Holdings LLC has reached a settlement with a corporate investor that accused the Redbox owner and publisher of self-help books of mismanagement prior to a subsidiary's Chapter 7 liquidation.

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Union Tells 3rd Circ. Healthcare Fight Belongs In Arbitration

By Emily Brill

A Pennsylvania federal judge properly concluded that a healthcare dispute between a power plant operator and an International Brotherhood of Electrical Workers local was arbitrable, the union said, asking the Third Circuit to uphold the judge's decision to send the fight to arbitration.

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Chinese Cos. Lose Immunity Fight In 9th Circ. IP Case

By Adam Lidgett

The Ninth Circuit on Monday shot down arguments from related Chinese steel companies that they shouldn't have to face espionage charges that they stole DuPont trade secrets for creating titanium dioxide, saying they aren't protected by foreign sovereign immunity.

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Feds' Bid To Spring False Biden Accuser Shot Down By Judge

By Craig Clough

A California federal judge rejected a request Monday by prosecutors to release a former FBI informant imprisoned for lying to federal agents that former President Joe Biden accepted bribes, saying he does not agree the court made a mistake at sentencing that should result in his release pending appeal.

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The 2025 Lawyer Satisfaction Survey

Law firms and the legal profession are facing new uncertainties, shifting the stress levels, economic pressures, and overall contentment of lawyers in private practice, according to the 2025 Law360 Pulse Lawyer Satisfaction Survey.

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'The Court Is Not A Cartoon': Judge Rips Dragon Watermark

By Hailey Konnath

A Michigan federal magistrate judge Monday ordered an East Lansing, Michigan, firm called Dragon Lawyers PC to stop plastering its pleadings with a large, suit-clad purple cartoon dragon watermark on each page, saying it's not only "distracting, it's juvenile and impertinent."

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Analysis

Feds Have Strong Hand On Judge Charged With Blocking ICE

By Danielle Ferguson and Carolyn Muyskens

A Wisconsin state judge faces an uphill battle in defending against federal criminal allegations that she helped a man evade immigration officials at a Wisconsin courthouse, but she may be able to stake out a defense in arguing the government can't prove intent, experts told Law360. 

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California Judge Loses Pay After Conviction For Murdering Wife

By Gina Kim

The California Commission on Judicial Performance formally suspended a California judge without pay after a state jury found him guilty of second-degree murder last week for shooting his wife to death in their Anaheim Hills home on Aug. 3, 2023, following a heated argument. 

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Q&A

Sullivan M&A Chief Sees Opportunities Amid Tariff Turmoil

By Al Barbarino

After a rocky start to 2025, the mergers and acquisitions landscape is grappling with economic volatility, shifting trade policies and a complex regulatory environment. But even in a "choppy" market, there are always deals to be made, says Melissa Sawyer, global head of Sullivan & Cromwell LLP's M&A group and co-head of its corporate governance practice.

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NJ Judge Apologizes Through Waylon Jennings Lyrics

By George Woolston

Clark Township, New Jersey, Municipal Judge Antonio Inacio said Tuesday that he isn't proud of all the things that led him to appear before a Garden State judiciary disciplinary committee, but he can say that he never intentionally hurt anyone by his conduct.

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$10M Brown Rudnick Deal With Guo Trustee Gets Judge's OK

By Aaron Keller

A Connecticut bankruptcy judge on Tuesday approved a $10 million deal between Miles Guo's Chapter 11 trustee and the Chinese exile's onetime attorneys at Brown Rudnick LLP, and greenlighted 10 lesser settlements with other firms and luxury retailer Versace.

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Analysis

GOP Plan To Shutter Audit Watchdog Could Strain SEC

By Jessica Corso

Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties.

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Federal Defenders Of NY Staff Announce Union Drive

By Andrea Keckley

Staff members at the Federal Defenders of New York have announced their plans to join their attorney colleagues as members of the Association of Legal Advocates and Attorneys.

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Justices Scoff At Feds' Defenses In Mistaken FBI Raid Case

By Chart Riggall

Supreme Court justices Tuesday appeared flummoxed by the government's "ridiculous" arguments it should be immune to a Georgia resident's lawsuit over a mistaken FBI raid on her house, but seemed unlikely to issue a blanket ruling on when an officer's discretion trumps their liability for injuries caused by their actions.

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Alex Jones Wants High Court Look At $1.3B Sandy Hook Case

By Brian Steele

Bankrupt Infowars host Alex Jones will ask the U.S. Supreme Court to invalidate a mammoth libel judgment that families of Sandy Hook shooting victims secured against him and his company over his conspiratorial broadcasts calling the massacre a hoax, he told a Connecticut appellate court in seeking to extend a pause on the payout.

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Breyer To Talk Pragmatism At NJ Bar Association Convention

By Carla Baranauckas

Retired U.S. Supreme Court Justice Stephen Breyer will bring his pragmatic legal philosophy to center stage when he appears at the New Jersey State Bar Association Convention on May 16 in Atlantic City.

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