Corporate

  • July 07, 2026

    PTPA Power Struggle Spurs Suit Accusing Ex-GC Of 'Coup'

    An internal leadership battle within a professional tennis player advocacy group escalated Monday, when the Professional Tennis Players Association claimed in Illinois federal court that its ex-general counsel staged a "coup" by recruiting a rogue executive committee to seize control of the organization and its antitrust suit against tennis's governing bodies.

  • July 07, 2026

    Kraken Seeks To Enforce $22M Award Over Scrapped Audit

    Cryptocurrency trading platform Kraken has asked the Delaware Chancery Court to enforce a $22 million arbitration award it won against Mazars US LLP after the auditor suddenly quit the 2022 audit it was conducting for Kraken as the digital assets company came under a federal regulatory investigation.

  • July 07, 2026

    Fla. Hospital Says Lilly's 340B Data Requirement Is Onerous

    A Florida hospital pushed back against pharmaceutical giant Eli Lilly over the drugmaker's requirement that providers hand over drug dispensing data before federal price discounts are applied, saying the policy is overly burdensome.

  • July 07, 2026

    Trucking Co. 'Predictive Model' Doesn't Moot OT, 9th Circ. Told

    Truck drivers denied overtime under a Fair Labor Standards Act carveout for interstate commerce urged the Ninth Circuit on Tuesday to find they're entitled to the pay, saying that they drove only within California and that their employers' "predictive model" order fulfillment system doesn't qualify their deliveries as interstate commerce.

  • July 07, 2026

    2nd Circ. Says Investor Can Keep Bed Bath & Beyond Profits

    The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor's share ownership was a sham.

  • July 07, 2026

    5 Midyear White Collar Trends To Watch

    The practice of white collar criminal defense is fraught with uncertainty halfway into 2026 as lawyers try to navigate upheaval in the U.S. Department of Justice, the prospect of big changes in Congress and the rapidly developing use of artificial intelligence.

  • July 07, 2026

    Auto Accessories Co. Strikes Deal In 'Terrible Towel' Suit

    A Connecticut automotive accessories company has reached a deal with a nonprofit that owns the rights to the "Terrible Towel" trademarks associated with the Pittsburgh Steelers fanbase to resolve a trademark infringement suit.

  • July 07, 2026

    Kilpatrick Hires M&A Pro From Reed Smith In Silicon Valley

    Kilpatrick Townsend & Stockton LLP has added a former Reed Smith LLP mergers and acquisitions star to chair its West Coast Mergers & Acquisitions Practice at its Menlo Park, California, office, where he brings deep experience handling complex mergers, cross-border acquisitions, divestitures, stock investments, consolidations and more. 

  • July 07, 2026

    Dem Sens. Probe CEOs On Trump-IRS Settlement Immunity

    Three senior Democratic senators are investigating whether several companies with ties to President Donald Trump are benefiting from what they alleged was immunity for him, his family and his businesses in the settlement he reached with the Internal Revenue Service. 

  • July 07, 2026

    Exxon Seeks $324M Judgment In Dispute On Qatar Deal Tax

    Exxon asked a Texas federal court to rule that it's owed a $273 million tax refund and $51 million in penalties in a dispute with the U.S. government over the tax treatment of a natural gas deal with Qatar.

  • July 07, 2026

    Feds Push 3rd Circ. To Restore ACA Birth Control Exemptions

    Lawyers for the Trump administration and a Catholic religious order Tuesday asked the Third Circuit to restore broad exemptions to the Affordable Care Act's birth control coverage mandate, arguing federal agencies had discretion to pass rules that effectively enabled employers to "opt in" to the mandate rather than opt out.

  • July 07, 2026

    How Gibson Dunn Helped SpaceX Pull Off Its $75B Global IPO

    When SpaceX completed its record-breaking $75 billion initial public offering last month, the transaction was notable not only for its size — the largest IPO ever — but also for breaking new ground in how public offerings can be structured to reach retail investors around the world.

  • July 07, 2026

    Ex-In-House Counsel Accused In Hospital Takeover Scheme

    American Healthcare Systems Corp. and its founder announced Tuesday that they have filed an amended complaint in California state court against the company's former in-house counsel, alleging he orchestrated a coordinated extortion and takeover scheme to seize control over the corporation.

  • July 07, 2026

    Judge Recommends Netting Sugar Arb. Awards To $3.9M

    A Florida federal magistrate judge recommended rolling an arbitration award and a related counterclaim award over broken sugar contracts into a single judgment, which would set the net amount awarded to an Illinois sugar company at $3.86 million.

  • July 07, 2026

    Insurer Can't Argue Fraud To Escape $78M Crash Judgment

    An insurer for a home renovation company is bound by a nearly $78 million judgment in an underlying suit over an auto collision involving a worker who was on the way to perform plumbing services and cannot attack the judgment as fraudulent, a California federal judge has ruled.

  • July 07, 2026

    Polsinelli Real Estate Finance Atty Rejoins K&L Gates In SC

    A Polsinelli PC shareholder who worked at K&L Gates LLP early in his career has returned to the firm as a finance partner in Charleston, South Carolina.

  • July 07, 2026

    Fox Rothschild To Open 4th Florida Office In Fort Lauderdale

    Fox Rothschild LLP plans to launch a Fort Lauderdale office, which will bring its Florida presence to four total locations.

  • July 06, 2026

    Trump's AI Cyber Directive Leaves Cos. Guessing At Upside

    A recent executive order intended to boost the security of advanced artificial intelligence systems hinges on developers voluntarily making their models available to the government for prerelease testing, but lingering questions about the potential trade-offs of this exchange raise doubts about the ultimate effectiveness of this model.

  • July 06, 2026

    DOJ Defends 1-Page Motion To Drop Adani Prosecution

    The U.S. Department of Justice has defended its bid to permanently drop a criminal bribery case against billionaire Indian businessman Gautam Adani and seven others, saying "judicial inquisitions" into the department's reasons risks "chilling" it from seeking dismissals in future cases and could expose privileged debates among DOJ lawyers.

  • July 06, 2026

    Chamber Urges 6th Circ. To Rule Against FDIC In Penalty Row

    The U.S. Chamber of Commerce has urged the Sixth Circuit to vacate a fine and industry ban leveled by the Federal Deposit Insurance Corp. against a former Michigan bank CEO, throwing its weight behind his challenge to the agency's use of in-house enforcement proceedings and pointing to the U.S. Supreme Court's Jarkesy ruling.

  • July 06, 2026

    Medtronic Denied Bid To Nix $382M Antitrust Loss

    A California federal court has denied Medtronic Inc.'s attempt to ditch a roughly $382 million trial loss in an antitrust case accusing the company of maintaining its monopoly over a surgical device through contracts that a jury found blocked competition.

  • July 06, 2026

    BakerHostetler Hires Ex-Kutak Rock Tax Credits Pro

    BakerHostetler has brought on a former Kutak Rock LLP tax credits partner to its business practice group in Chicago.

  • July 06, 2026

    Walmart Pays $13M To Settle Texas AG's Driver Pay Claims

    Walmart Inc. has agreed to pay $13 million to settle claims brought by the Texas attorney general alleging the company stiffed delivery drivers participating in its Spark Driver program, and said it will additionally implement "honest" compensation practices going forward.

  • July 06, 2026

    Musk Loses New Trial Bid In Twitter Investor Fraud Suit

    Elon Musk on Monday was denied a second shot at proving that he did not defraud Twitter Inc. shareholders when he cast doubt on an agreement to take the platform private for $44 billion, although the verdict against him was trimmed. 

  • July 06, 2026

    4 Benefits And Exec Comp Policy Moves From 2026's 1st Half

    The U.S. Department of Labor's proposal for a 401(k) fund safe harbor and the U.S. Securities and Exchange Commission's proposal to change the reporting framework for public companies are among the top policy developments from the first half of 2026 that drew benefits and executive compensation attorneys' attention. Here, Law360 looks at four recent developments that attorneys may want to know about.

Expert Analysis

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • How SEC And CFTC Are Attempting To End Their 'Turf War'

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    Through coordinated examinations and a shared aim to end duplicative regulation, the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission's recent memorandum of understanding could represent a significant shift in the regulatory landscape for market participants subject to the jurisdiction of both agencies, say attorneys at Jenner.

  • How Justices' GEO Ruling Resets Gov't Contractor Litigation

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    The U.S. Supreme Court’s recent GEO Group v. Menocal decision, holding that government contractors cannot immediately exit cases via interlocutory appeals, may increase litigation costs, strengthen plaintiffs' leverage in settlement negotiations and dampen the government's ability to attract bids on high-risk or sensitive projects, say attorneys at Wiley.

  • FTC Focus: Growing Emphasis On Competition In AI

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    The Federal Trade Commission's leadership has continued to highlight that competitive risks in artificial intelligence markets may arise at multiple levels simultaneously, considering not only who controls the resources necessary to build AI systems, but also how those systems function and yield outputs, say attorneys at Proskauer.

  • What's Missing From Latest Gov't Claims Against Harvard

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    The most interesting thing about the Trump administration’s recent civil rights enforcement efforts targeting Harvard University is its decision not to assert violations of the False Claims Act when given the opportunity, despite signals that its enforcement efforts will include use of the federal FCA, say attorneys at Bass Berry.

  • How Cos. Can Prepare For 'Made In America' Ad Scrutiny

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    The Trump administration's executive order to combat fraudulent "Made in America" claims in consumer-facing advertising, along with actions by the Federal Trade Commission, suggest a potential increased focus on consumer protection and pricing-related matters, say attorneys at Skadden.

  • Opinion

    FTC Case Risks Redefining Price Discrimination

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    Federal Trade Commission v. Southern Glazer puts a spotlight on the blurry line between illegal price discrimination and ordinary competition, and could potentially set a precedent that puts nearly any manufacturer at risk of Robinson-Patman Act enforcement, says Jeremy Sandford at Econic Partners.

  • Parsing Rule 12(c) Motion Overuse In Securities Class Actions

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    Defendants in securities class actions have more frequently been filing motions for judgment on the pleadings following the denial of motions to dismiss, but courts have recently demonstrated an increasing willingness to reject these previously rare motions, finding them transparent attempts to relitigate already-decided issues, say attorneys at Labaton Keller.

  • Series

    Mich. Banking Brief: All The Notable Legal Updates In Q1

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    Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.

  • Why Indicia Of Fraud Matter In Forensic Accountant Testimony

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    Amid federal probes into Minnesota social welfare programs and an elevated focus on detecting and prosecuting fraud, counsel must understand the professional and procedural lines that forensic accounting experts should not cross when analyzing evidence for indicia of fraud, say Kelly Bossard and George Saitta at FTI Consulting.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • When AI Puffery Becomes Actionable Securities Fraud

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    Though courts usually hold that vague but optimistic corporate statements don’t constitute securities fraud, signs suggest that investors may give enough economic weight to references to artificial intelligence in public company disclosures that broad feel-good statements could cross into actionable misrepresentation, says Christine Polek at Keystone Strategy.

  • State FARA Laws Pose Unique Constitutional Challenges

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    Several states have recently enacted foreign agent registration and disclosure regimes that were modeled after the Foreign Agents Registration Act, but these state laws raise several constitutional questions, including concerns about preemption, speech and petition, and vagueness, says Alexandra Langton at Covington.

  • Determining When Engineered Biologics May Be Patentable

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    The Federal Circuit's recent decision in Regenxbio v. Sarepta, concluding that engineered cells with DNA from different organisms are not patent-ineligible natural phenomena, raises questions surrounding what framework courts will use to evaluate the patent eligibility of engineered biologics moving forward, says Robert Frederickson at Goodwin.

  • In First For DOJ, Action Signals New CFIUS Enforcement Era

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    The U.S. Department of Justice is seeking judicial enforcement of a divestment order, an unprecedented action for the agency that ushers in a new phase for the Committee on Foreign Investment in the United States, one in which judicial proceedings complement administrative oversight and presidential divestment orders may be enforced through litigation, says attorney Sohan Dasgupta.

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