Corporate

  • October 03, 2022

    BREAKING: Justices To Review Firm's Bid To Shield Client Tax Comms

    The U.S. Supreme Court said Monday it will consider a law firm's bid to shield client communications from grand jury subpoenas seeking documents on its tax advice in a case concerning the scope of attorney-client privilege over mixed-use legal advice.

  • October 03, 2022

    Conflict Sinks Special Master Plan For Musk-Twitter Disputes

    An "unanticipated conflict" scuttled plans to appoint retired U.S. Bankruptcy Judge Christopher S. Sontchi as special master for remaining discovery disputes in Elon Musk's attempt to terminate his $44 billion deal to buy Twitter, with Delaware Chancellor Kathaleen St. J. McCormick taking on some of his anticipated duties.

  • September 30, 2022

    Ex-Uber Exec Put Reputation Over Law, Jury Told In Closing

    Former Uber security chief Joseph Sullivan put his reputation and the company's "over his obligations," a federal prosecutor told jurors Friday at the close of Sullivan's criminal obstruction trial on charges he concealed a massive security breach from authorities investigating a similar incident from two years prior.

  • September 30, 2022

    The 5 Biggest Cases This Supreme Court Term

    The reversal of constitutional abortion protections last term has court watchers wondering: Is affirmative action next? But the lawsuits against Harvard University and the University of North Carolina are far from the only blockbusters on the docket in what is likely to be another landslide term for conservatives. Here, Law360 breaks down five cases to watch. 

  • September 30, 2022

    Ex-Dewey CFO To Pay $95K To End SEC Civil Fraud Suit

    Dewey & LeBoeuf LLP's former chief financial officer has agreed to pay about $95,000 to end the U.S. Securities and Exchange Commission's suit over an alleged scheme to con banks and insurer-investors out of $250 million to keep the doomed firm afloat, the commission said in a request for final approval of the deal Friday.

  • September 30, 2022

    Congressional Dems Urge FTC To Revamp Kids' Privacy Rule

    Four congressional Democrats are pressing the Federal Trade Commission to forge ahead with an update to its children's online privacy rule, less than two weeks after one FTC commissioner revealed that he was waiting for Congress to act rather than pushing for the revisions. 

  • September 30, 2022

    SEC Fines Cemtrex, CEO Over Founder's Undisclosed Trading

    The U.S. Securities and Exchange Commission settled with an industrial manufacturer and its CEO for more than $2.5 million combined on Friday over allegations that they misled investors about the use of offering proceeds and failed to disclose trading of the company's stock by the founder of the company — the current CEO's father.

  • September 30, 2022

    Home Depot ERISA Suit Judge Declines Recusal, Tosses Case

    A Georgia federal judge Friday denied a recusal bid by current and former Home Depot employees and tossed their putative class action alleging the retailer mismanaged their retirement savings, although he noted in his 97-page opinion that recusal was "tempting" given the complexity of the Employee Retirement Income Security Act suit.

  • September 30, 2022

    Under Armour Investors Win Cert. In Consumer Demand Suit

    A Maryland federal judge on Thursday certified a class of shareholders claiming that Under Armour Inc. misled investors as to consumer demand for its products, rejecting the sports apparel company's argument that the proposed class representatives weren't right for the dispute.

  • September 30, 2022

    Employment Authority: How Calif. Can Mold Pay Transparency

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how a California law requiring employers to disclose pay ranges in job listings could reshape the pay transparency landscape nationwide, how an attorney in the Golden State is able to get wage and hour measures on ballots, and the pros and cons of using social media during union efforts.

  • September 30, 2022

    $178M Verdict Against Novartis Stands But Can't Be Tripled

    A California federal judge has upheld a jury's $177.8 million infringement verdict against Novartis but overturned the jury's finding that the infringement of a Daiichi Sankyo unit's patents was willful.

  • September 30, 2022

    Massive Insurance Cartel Alleged In Suit By Major Firms

    A group of national corporations is hoping to take the Blue Cross Blue Shield insurance network to court for conspiring to geographically divide coverage areas in order to decrease competition for employee health plans.

  • September 30, 2022

    BakerHostetler Accused Of Fraud In $100M Bankruptcy Suit

    A liquidating trustee for a reorganized pharmacy company has filed an adversary complaint in a Texas bankruptcy court, accusing law firm BakerHostetler of helping facilitate a $100 million insurance billing fraud scheme before the company filed for bankruptcy in 2017.

  • September 30, 2022

    Ex-DLA Piper Attys' Cannabis Co. Row Burns Hot Despite Stay

    A Los Angeles judge told a former DLA Piper attorney Friday that he will likely allow for the preservation of some digital evidence in a suit brought against her by a cannabis company she co-owns, but that he will not order the evidence to be produced in the stayed case. 

  • September 30, 2022

    Monthly Merger Review Snapshot

    The U.S. Department of Justice suffered two stinging merger challenge losses, the Federal Trade Commission experienced one more, and enforcers on both sides of the Atlantic moved forward with a bevy of new and ongoing merger challenges.

  • September 30, 2022

    Hub Hires: ArentFox, Holland & Knight, Burns & Levinson

    September brought children back to school and attorneys to new homes around Boston, with ArentFox Schiff beefing up its patent practice, Holland & Knight adding to its sports and entertainment team, and Burns & Levinson gobbling up an environmental boutique.

  • September 30, 2022

    Administrator Named In CVS-Walgreens-Walmart Opioid Order

    A Cleveland federal judge presiding over thousands of opioid cases appointed his special master on Friday as administrator for abatement programs mandated as part of a judgment against CVS, Walgreens and Walmart, which were found liable to the tune of $650 million for contributing to prescription painkiller-related problems in two Ohio counties.

  • September 30, 2022

    Law360's The Term: A New Normal For The Supreme Court?

    As the U.S. Supreme Court prepares for the 2022-2023 term with a slate of new blockbuster cases, the fallout from last term's Dobbs decision and its leaked draft is still reverberating. And while pandemic-era restrictions at the court are loosening, the hosts discuss with veteran court reporter Amy Howe what kind of "new normal" to expect at the high court.

  • September 30, 2022

    Health Hires: Nelson Mullins, Lyell Immunopharma

    Nelson Mullins Riley & Scarborough LLP has snapped up a new health care partner from Northern Light Health, while various life sciences companies like Lyell Immunopharma Inc. have named new legal heads, highlighting Law360's latest roundup of personnel moves in health care and life sciences.

  • September 30, 2022

    Nike Promotes In-House Lawyer As Converse GC

    Nike has appointed an in-house lawyer as the new vice president and general counsel for its iconic high-top sneaker company Converse.

  • September 30, 2022

    Biz Groups Fear 'Penny Stock' Rule Could Upset Debt Markets

    Industry groups are worried the U.S. Securities and Exchange Commission's intent to extend enforcement of a recently revised rule governing unlisted securities to certain private bonds — even though the rule is historically associated with over-the-counter stocks — could disrupt debt markets.

  • September 30, 2022

    No Signs Of Supreme Court's Conservatives Slowing Down

    The U.S. Supreme Court's last term was considered by many to be the most consequential in a generation as the court's conservative justices delivered key victories on abortion and guns. But one quick glance at the new term's docket suggests this new supermajority has only just begun shifting the law to the right.

  • September 30, 2022

    3rd Circ. Won't Pause Sugar Merger For DOJ Appeal

    The Third Circuit on Friday refused to grant the U.S. Department of Justice's request for an order pausing U.S. Sugar Corp.'s planned purchase of Imperial Sugar while enforcers appeal the trial court's rejection of their merger challenge.

  • September 30, 2022

    Calif. Supplement Co. Brings Outside GC Inside

    Cymbiotika LLC, which markets nutritional supplements, has named former outside general counsel Adam Gislason as its new chief strategy officer and general counsel.

  • September 30, 2022

    Scott + Scott Adds Kessler Topaz Corporate Governance Pro

    Scott + Scott Attorneys at Law LLP said Thursday that it has added a former Kessler Topaz Meltzer & Check LLP partner with a history of securing millions for stockholders and corporations to rectify alleged misconduct by corporate directors and officers to its shareholder derivative and corporate governance practice group.

Expert Analysis

  • COVID Relief Borrowers, Lenders May See Increased Scrutiny

    Author Photo

    Armed with a recently extended statute of limitations, federal prosecutors are building increasingly complex fraud cases focused on misuse of COVID-19 relief loans, involving larger dollar amounts and more defendants, and necessitating vigilance from lenders, say attorneys at Polsinelli.

  • Series

    Keys To A 9-0 High Court Win: Practicality Over Perfection

    Author Photo

    When I argued for the petitioner in Wooden v. U.S. last year, I discovered that preparation is key, but so is the right kind of preparation — in giving decisive answers to the U.S. Supreme Court justices' hypothetical questions I was not aiming for perfection, just the best response available, says Allon Kedem at Arnold & Porter.

  • What New Bar Exam Means For Law Students And Schools

    Author Photo

    Stephanie Acosta at UWorld discusses how law students and law schools can start preparing now for the new bar exam launching in 2026, which is expected to emphasize real-world lawyering skills-based tasks over rote memorization.

  • Del. Bankruptcy Rulings Instruct On Creditors' Rights To Sue

    Author Photo

    Recent Delaware bankruptcy court rulings are a reminder that a creditor's right to sue a company's directors depends on whether a borrower is a corporation or a limited liability company, and that LLC creditors cannot sue directors for fiduciary breaches or otherwise pursue derivative claims, say David Hillman and Peter Antoszyk at Proskauer.

  • Uncertainty Lingers Around DOJ's Antitrust Leniency Shift

    Author Photo

    As evidenced by discussions at the International Cartel Workshop, the debate continues over the U.S. Department of Justice’s recent decision to tighten the criteria to qualify for leniency in antitrust investigations, raising questions about whether the amendments did more harm than good to future enforcement, say attorneys at Winston & Strawn.

  • Apple's New Messaging Features Will Complicate E-Discovery

    Author Photo

    Apple's newest mobile operating system allows users to edit and recall messages and recover deleted messages, which could significantly increase the time, burden and expense of processing and analyzing cellphones if messages or their associated metadata become an area of scrutiny in a case, says Jarrett Coco at Nelson Mullins.

  • Civil Suit Trends Cos. Can Expect From State AG Enforcement

    Author Photo

    Companies can prepare for possible future claims from private plaintiffs and manage litigation risks by understanding the priorities and enforcement trends of state attorneys general — from greenwashing to missed commitments on diversity, equity and inclusion, say attorneys at Covington.

  • Meme Stock Buyers Must Heed Bankruptcy Code Provisions

    Author Photo

    As Bed Bath & Beyond faces private securities lawsuits and teeters toward a Chapter 11 filing, it highlights why meme stock buyers must understand Bankruptcy Code provisions such as claim subordination under Section 510(b), and how they may affect recoveries in distressed companies, say Michael Handler and Andrew Michaelson at King & Spalding.

  • Recent Cases Guide On Use Of Experts In Employment Trials

    Author Photo

    Experts can help judges and juries understand a range of issues in employment litigation, from statistical data to damages, and recent cases involving admissibility challenges provide lessons for the careful selection of experts to meet Daubert standards, say Kathleen Anderson and John Maley at Barnes & Thornburg.

  • Law Firm Inclusion Efforts Often Overlook Business Staff

    Author Photo

    Law firms committed to a culture of universal inclusion can take steps to foster a sense of belonging in their business services teams, says Jennifer Johnson at Calibrate Consulting.

  • How Contractors Can Avoid Cybersecurity FCA Violations

    Author Photo

    Recent U.S. Department of Justice settlements and remarks underscore heightened focus on cybersecurity liability under the False Claims Act, so government contractors should consider compliance measures such as conducting periodic risk assessments, being responsive to employee concerns, and more, say attorneys at WilmerHale.

  • SEC Rules Amplify Proxy Contest Threats For Cos.

    Author Photo

    New U.S. Securities and Exchange Commission rules requiring the use of universal proxy cards in director election contests at publicly traded companies, which became effective this month, may open floodgates for special interest groups and shareholder activism efforts, say attorneys at Sidley.

  • An Associate's Guide To Rebounding After A Layoff

    Author Photo

    Law firm associates laid off due to economic conditions can recuperate and move forward by practicing self-care, identifying key skills to leverage during the job search, engaging in self-reflection and more, say Kate Sheikh at Major Lindsey and wellness consultant Jarrett Green.

  • Cos. That Mislead About ESG Compliance Do So At Their Peril

    Author Photo

    Updating marketing materials to appear compliant with a growing network of sustainability and human rights laws, without investing in thorough compliance measures, is a shortcut that puts a company at increasing risk for government enforcement, as well as civil actions initiated by angry consumers, says Angelika Hellweger at Rahman Ravelli.

  • Lessons From 3 Chancery Books And Records Decisions

    Author Photo

    Attorneys at Fried Frank discuss three recent Delaware Chancery Section 220 decisions, each of which amplifies stockholders' broad right to request corporate books and records, and offer important takeaways for practitioners concerning email, confidentiality and documentation.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!