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Compliance
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January 08, 2026
Opendoor Investors Get Final OK For $39M Deal, Atty Fees
An Arizona federal judge has granted final approval of a $39 million settlement between real estate firm Opendoor Technologies Inc. and its shareholders to resolve their claims that the company overhyped its pricing algorithm software, closing out the litigation that began in 2022.
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January 08, 2026
Sen. Ag Committee To Hold Crypto Markup Next Week
The Senate Agriculture Committee intends to hold its own markup of a bill to regulate crypto markets the same day as its Banking Committee counterparts, a spokesperson confirmed Thursday.
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January 08, 2026
Trump Admin Says Climate Grant Class Suit Is Moot
The Trump administration has told the D.C. Circuit that a proposed class action accusing it of illegally terminating a $3 billion environmental justice block grant program is moot because Congress has rescinded the funds that green groups and local governments are seeking to recover.
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January 08, 2026
Vape Companies Say ALJ Was Wrongly Appointed
Vaping product companies NJOY LLC and Altria Group Inc. asked a Virginia federal judge to grant them a win in a suit brought against the U.S. International Trade Commission, saying an administrative law judge was improperly appointed in proceedings seeking to prevent them from importing certain e-vapor products and devices.
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January 08, 2026
Audits Get Final Word On Economic Substance, IRS Atty Says
IRS attorneys provide legal guidance during audits on whether a transaction lacks economic substance, but examiners make the ultimate determination, an agency associate chief counsel said Thursday while explaining how the agency applies a powerful anti-abuse tool in audits.
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January 08, 2026
Trump Admin Can't Undo Block On Drug Rebate Program
A First Circuit panel has refused to lift a district judge's block on a Trump administration plan to pilot a rebate model for a federal drug discount program that benefits low-income patients, saying the federal government is unlikely to win its appeal.
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January 08, 2026
Legal Services Atty Named Top NYC Human Rights Enforcer
New York Mayor Zohran Mamdani has tapped a lawyer from a group that provides free legal services to low-income clients to spearhead the city's human rights enforcement body.
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January 08, 2026
IRS Floats Changes To Third-Party Settlement Payments
The Internal Revenue Service floated changes Thursday to withholding rules for organizations such as PayPal and Venmo that make payments to settle third-party network transactions, saying the move would align regulations with an increase to the threshold for tax reporting.
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January 08, 2026
Calif. Agency Secures Halt On Data Broker's Info Resales
A marketing firm that compiles and redistributes lists of people with serious health conditions has agreed to pay a $45,000 fine and stop selling California residents' personal information in order to settle the California Privacy Protection Agency's latest enforcement strike against a data broker for failing to register, the agency announced Thursday.
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January 08, 2026
Paul Hastings Hires Shenkman Capital CLO As NY Partner
Shenkman Capital Management's chief legal and compliance officer has returned to BigLaw as an investment funds and private capital partner at Paul Hastings LLP, the firm announced Thursday.
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January 07, 2026
Trump Bars 'Underperforming' Defense Contractors' Buybacks
President Donald Trump said Wednesday that defense contractors are barred from buying back their own stocks or paying shareholder dividends if they are underperforming on their U.S. government contracts, ordering a review and potential "remediation plan" for contractors found slacking.
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January 07, 2026
10th Circ. Halts Kan. Bank's $20M FDIC Appeal For Settlement
The Tenth Circuit will hold off on hearing a small Kansas bank's push to challenge a $20 million anti-money laundering enforcement proceeding from the Federal Deposit Insurance Corp. after the two sides said Wednesday that they have reached a settlement.
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January 07, 2026
House Talks Market Share Regarding Netflix-WB Merger
Rapid consolidation in the streaming market was on the minds of members of the House Judiciary Committee's subcommittee on antitrust when they met Wednesday, with Democrats questioning if competition was being threatened and if the president was exerting too much influence on merger reviews.
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January 07, 2026
Trump Exits Climate Pact, UN Orgs. He Says 'Conflict' With US
President Donald Trump announced Wednesday he is withdrawing the United States from a decades-old international agreement that brings the world's countries together to take action against climate change, as well as 65 other international organizations and treaties that are "contrary to the interests" of the U.S.
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January 07, 2026
Ex-Exec Says Dominium Wrongly Fired Him And Withheld $80M
A former executive at Dominium Development and Acquisition LLC has sued his former employer in the Texas Business Court, saying Dominium wrongly fired him and claimed he forfeited over $80 million in unvested partnership interests when it was the company that violated the employment agreement.
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January 07, 2026
DOJ To Appeal Reinstatement Of Clearance For Mark Zaid
The Trump administration told a D.C. federal judge on Wednesday that it will obey his injunction to reinstate attorney Mark Zaid's security clearance as it appeals the ruling in the D.C. Circuit, but left open the possibility that government intelligence agencies could try to revoke it again for new reasons.
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January 07, 2026
JPMorgan Unit To Use AI Tool Over Proxy Advisory Firms
JPMorgan Chase's asset management arm has eliminated its reliance on outside advisory firms for data collection and proxy voting recommendations and will instead use an in-house, artificial intelligence-powered tool to aggregate and analyze data from U.S. corporate meetings.
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January 07, 2026
Trump Family-Tied Stablecoin Co. Seeks Bank Charter
The Trump family-tied crypto company World Liberty Financial said Wednesday that it's filed an application with the Office of the Comptroller of the Currency to become a national trust bank as it looks to expand its stablecoin business, drawing the ire of one lawmaker, who called the application a conflict of interest.
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January 07, 2026
Calif. Mortgage Co. Beats Whistleblower Suit Over PPP Loans
A residential mortgage lender has shed a False Claims Act suit alleging it obtained Paycheck Protection Program loans it was ineligible for, though a California federal judge gave the would-be whistleblower a chance to revise its claims.
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January 07, 2026
2 European Fintechs Seek OCC Bank Charters
Two European fintechs are seeking sign-offs from the Office of the Comptroller of the Currency to set up U.S. banks, including a firm planning to issue its own stablecoin.
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January 07, 2026
Google, Character.AI To Settle Suicide, Violent Content Suits
Google and artificial intelligence company Character Technologies have agreed to settle lawsuits over various injuries suffered by underage users of its Character.AI chatbot, including the suicides of two teenagers, according to documents filed in federal courts.
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January 07, 2026
Baking Mix Co. Sued Over Alleged Water Pollution In Wash.
Baking mix manufacturer Continental Mills Inc. was hit with a Clean Water Act lawsuit in Washington federal court Wednesday by an environmental group that claims the company's Seattle-area plant released wastewater laden with heavy metals into nearby creeks, in excess of legal pollution limits.
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January 07, 2026
Tribal Gaming Orgs. Back Bid To Block Kalshi Contracts
A slew of tribal gaming groups, including the Indian Gaming Association, are supporting a bid to limit sporting event contracts offered by Kalshi and Robinhood, arguing the tribal organizations have a "shared, strong interest" in a Wisconsin federal court case over the matter.
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January 07, 2026
Tricolor Ex-CEO Must Take Questions At Creditor Meeting
A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able to answer questions without incriminating himself in his fraud trial.
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January 07, 2026
Feds Cut $160M From Calif. Over Truck Driver Licenses
The U.S. Department of Transportation said Wednesday that California will lose out on nearly $160 million in federal highway funds for failing to revoke thousands of commercial driver's licenses that were issued to ineligible foreign drivers, as the Trump administration cracks down on immigrant truck drivers.
Expert Analysis
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AI's Role In Google Antitrust Suit May Reshape Tech Markets
The evolution of AI in retail has reshaped the U.S.' antitrust case against Google, which could both benefit small business innovators and consumers, and fundamentally alter future antitrust cases, including the Federal Trade Commission's lawsuit against Amazon, says Graham Dufault at ACT.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Next Steps For DOE's Large-Load Interconnection Reforms
The U.S. Department of Energy's recent letter to the Federal Energy Regulatory Commission may mark a substantial expansion of FERC's open-access framework for large-load facilities, though the proposed timeline for the rulemaking appears to be extraordinarily short, say attorneys at Davis Wright.
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Adapting To Calif.'s Enhanced Regulation Of PE In Healthcare
New California legislation enhances oversight on the role of private equity groups and hedge funds in healthcare transactions, featuring both a highly targeted nature and vague language that will require organizations to carefully evaluate existing practices, says Andrew Demetriou at Husch Blackwell.
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What To Note In OCC, FDIC Plan To Standardize Supervision
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.'s recent proposals to standardize the meaning of "unsafe or unsound practice" and revise the process for issuing matters requiring attention could significantly narrow the scope of activities that spawn enforcement actions, says Brendan Clegg at Luse Gorman.
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How The SEC May Overhaul Its Order Protection Rule
Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.
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State Child Privacy Laws May Put More Cos. In FTC's Reach
Starting with Texas in January, several new state laws requiring app stores to share user age-related information with developers will likely subject significantly more companies to the Federal Trade Commission’s child privacy rules, altering their compliance obligations, say attorneys at Womble Bond.
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Why Appellees Should Write Their Answering Brief First
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.
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AG Watch: DC Faces Congressional Push To End Elected Role
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.
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Navigating DEA Quotas: Key To Psychedelics Industry Growth
As new compounds like DOI enter the Schedule I landscape, manufacturers who anticipate U.S. Drug Enforcement Administration quota regulations, and build quota management into their broader strategy, will be best equipped to meet the growing demand, say Kimberly Chew at Husch Blackwell and Jaime Dwight at Promega.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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Game Not Over: Player Redshirt Suits Keep NCAA On Defense
A class action recently filed in Tennessee federal court highlights a trend of student-athlete challenges to the NCAA's four seasons eligibility rule following the historic House settlement in June, which altered revenue-sharing and players' name, image and likeness rights, say attorneys at BakerHostetler.
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Federal Acquisition Rules Get Measured Makeover
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.
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2nd Circ. Peloton Ruling Emphasizes Disclosure Context
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.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
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.