Corporate

  • June 12, 2026

    Challenge To 'Troubling' EEOC Trans Bias Shift Dismissed

    A Maryland federal judge tossed a suit June 12 from an LGBTQ+ advocacy group challenging the U.S. Equal Employment Opportunity Commission's decision to step back from investigating bias charges from transgender workers, saying the pivot was "deeply troubling" but out of the court's hands.

  • June 12, 2026

    Insider Trading Defense May Draw On 'Varsity Blues' Playbook

    After enlisting a crew of experienced attorneys, defendants charged in an insider trading case allegedly involving deal information stolen from huge law firms are preparing to use a strategy that could take some cues from the "Varsity Blues" case in the same Boston courthouse.

  • June 12, 2026

    Atty Faces Sanctions Over Fake Quotes In Taco TM Fight

    A Connecticut attorney could be sanctioned for including fake case quotes and misrepresentations of the law in court filings that seek dismissal of a trademark case against a taco restaurant, a federal judge said Friday in questioning whether the documents were sullied by artificial intelligence.

  • June 12, 2026

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Elon Musk and SpaceX's legal team blasted off with the largest IPO in history, with shares priced at $150 each at opening before briefly topping $176. And a new study shows investors have approved 11 of 17 companies' requests to move their incorporation from Delaware to Texas so far this proxy season.

  • June 12, 2026

    Texas Court Urged To Keep Judge Romance Suit Alive

    In multiple filings, EJS Investment Holdings LLC has asked a Texas federal judge to reject attempts by former U.S. Bankruptcy Judge David Jones and other parties to dismiss its proposed class action over his secret romance with a former Jackson Walker LLP partner.

  • June 12, 2026

    Ex-Honeywell China GC Can't Bring US Bias Suit, Judge Says

    Honeywell International Inc. defeated a lawsuit alleging it unlawfully fired the vice president and general counsel at a Chinese subsidiary because she turned 55, with a North Carolina federal judge saying her employment contract requires the dispute to be handled in China.

  • June 12, 2026

    Taxation With Representation: Gibson Dunn, Davis Polk, S&C

    In this week's Taxation With Representation, SpaceX prices a $75 billion initial public offering at its designated price range, Apollo Global Management leads a capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic, and pharma giant GSK acquires cancer therapy specialist Nuvalent.

  • June 12, 2026

    Bloggers Say EBay Stalking Settlement Has Fallen Apart

    A Massachusetts couple who were stalked and harassed by eBay employees after publishing blog posts critical of the online retailer's management asked a Massachusetts federal judge on Friday to reopen their suit against the company and several executives, saying a proposed settlement has collapsed.

  • June 12, 2026

    2nd Circ. Leery Of Amazon Worker's Caregiver Bias Suit

    The Second Circuit appeared skeptical Friday of a former Amazon employee's attempt to revive her suit claiming she was unlawfully denied schedule flexibility to care for her son, questioning whether her suit should have been brought as an accommodation dispute rather than a discrimination suit.

  • June 12, 2026

    Trader Admits Fib To SEC, Avoids $600M Fraud Trial

    A former California investment executive told a Manhattan federal judge Friday that he lied to the U.S. Securities and Exchange Commission, copping to a lesser count of obstruction after prosecutors initially charged him with a $600 million "cherry-picking" fraud.

  • June 11, 2026

    Meta Must Face Porn Studio's IP Suit Over AI Training

    Meta Platforms Inc. can't toss a porn studio's copyright infringement suit accusing the social media giant of downloading the studio's films to train generative artificial intelligence models, a California federal judge ruled Thursday, saying the studio's allegations suffice to infer a "coordinated effort" by Meta to gather data.

  • June 11, 2026

    OpenAI Hit With Another Suit Claiming ChatGPT Aided Suicide

    A Canadian mother on Thursday sued ChatGPT maker OpenAI over her daughter's suicide in California state court, adding to mounting litigation accusing the artificial intelligence tool of encouraging or aiding users in self-harm and suicide.

  • June 11, 2026

    Automaker Group Wants Wash. Biz Licensing Regs Shut Down

    The Alliance for Automotive Innovation has urged a Washington federal court to invalidate a pair of state business licensing rules, including one that expanded the definition of "soliciting," saying the regulations are unconstitutional and beyond the authority of the state's licensing department.

  • June 11, 2026

    Tech Group Urges High Court To Block Texas App Store Law

    The Computer & Communications Industry Association on Thursday asked the U.S. Supreme Court to vacate a recent Fifth Circuit ruling permitting Texas to move forward with a law requiring app store owners to verify users' ages, arguing the law is unconstitutional and overly burdensome for its members.

  • June 11, 2026

    Meta Beats Investors' Suit Over AI-Powered Facebook Scams

    A California federal judge tossed a proposed class action alleging that Meta's AI tools enabled investment schemes advertised on Facebook, finding Thursday that his own earlier ruling means that the plaintiffs' state claims are barred under federal securities law.

  • June 11, 2026

    Ex-CEO Seeks To Again Depose Lutnick In Trump Media Suit

    The former CEO of a company that merged with President Donald Trump's Truth Social platform urged a Florida state court on Thursday to again allow him to depose U.S. Secretary of Commerce Howard Lutnick, arguing his testimony is highly relevant to the lawsuit over a botched public offering.

  • June 11, 2026

    Gibson Dunn, Davis Polk Launch SpaceX's Record $75B IPO

    Elon Musk's SpaceX on Thursday priced a $75 billion initial public offering at its designated price range, represented by Gibson Dunn & Crutcher LLP and underwriters' counsel Davis Polk & Wardwell LLP, marking the largest IPO in history.

  • June 11, 2026

    OpenAI Says High Court Curbed Some News Org IP Claims

    OpenAI told a New York federal judge Thursday that the U.S. Supreme Court's recent Cox v. Sony decision bars a contributory infringement claim brought by four news companies accusing the artificial intelligence company of using their copyrighted materials to train ChatGPT, saying the high court's ruling eliminates the legal theory on which the plaintiffs rely.

  • June 11, 2026

    Guess Investors Claim Take-Private Deal Skirts Reforms

    Guess Inc. investors have hit the luxury apparel company's top brass with a putative securities class action in Delaware Chancery Court, alleging the company's take-private sale to Authentic Brands Group LLC unfairly cashed out public investors to benefit executives and circumvented governance reforms imposed to curb co-founder Paul Marciano's alleged sexual misconduct.

  • June 11, 2026

    Texas Biz Court Lets Southwest Pilots Redo Boeing Claims

    A Texas business court judge said the Southwest Airlines pilots union could continue its suit against The Boeing Co. for alleged economic losses resulting from the grounding of the 737 Max aircraft, but told the union it would have to better articulate the harm Boeing caused.

  • June 11, 2026

    Workers Hit Chiron Financial With Unpaid Wage Suit

    Chiron Financial didn't pay 17 of its workers when it was having money trouble, a proposed class action in Texas federal court alleges, seeking to recoup the money that the workers say they're owed.

  • June 11, 2026

    9th Circ. Fears Unknowns In Amazon's Fight With Perplexity AI

    A Ninth Circuit panelist expressed concern Thursday about potential "unintended consequences" of affirming a lower court order blocking Perplexity's artificial intelligence tool from purchasing items for users on Amazon.com, noting that Amazon's case relies on a decades-old computer fraud law passed long before the proliferation of AI.

  • June 11, 2026

    Bank, Crypto Groups Seek Limits In Stablecoin AML Regs

    Industry groups and firms in the financial and crypto sectors have called for further clarification, flexibility and safe harbors in rules recently proposed by regulators with the U.S. Department of the Treasury for implementing the anti-money laundering and sanctions compliance program requirements of the federal stablecoin framework known as the Genius Act.

  • June 11, 2026

    Sports Prediction Co. Wins CFTC OK To Launch Event Market

    Sports prediction company ProphetX on Thursday received approval from the U.S. Commodity Futures Trading Commission to register as a federally regulated prediction market exchange focused on sports-based event contracts, becoming the first American sports-native, direct-clearing prediction market to launch and operate in full compliance with federal law.

  • June 11, 2026

    AbbVie Loses Colorado 340B Drug Pricing Law Challenge

    A Colorado federal judge on Wednesday dismissed all of AbbVie Inc.'s claims against the state over its federal 340B drug pricing law, finding that the Colorado law isn't federally preempted and courts across the country have settled the issue.

Expert Analysis

  • Risk Disclosure Lessons For AI Cos. From Dot-Com Era

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    Regulatory responses following the dot-com collapse reflected a consistent emphasis on whether public disclosures enabled investors to understand the economic reality underlying reported performance, a focus that is likely to shape how artificial intelligence infrastructure disclosures are evaluated if market expectations similarly deteriorate, say Diana Connor, Adrienna Huffman and Bin Zhou at the Brattle Group.

  • Section 122 Tariffs Show Shift In Strategy, Not Trade Policy

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    By imposing temporary tariffs under Section 122 of the Trade Act as a stopgap measure while it pivots to less transitory statutory authorities, the Trump administration sent a clear message that the U.S. Supreme Court’s decision in Learning Resources v. Trump, invalidating duties imposed under the International Emergency Economic Powers Act, will not precipitate a change in policy direction, say attorneys at Snell & Wilmer.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • AG Watch: Ohio Targets DEI Policies

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    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

  • Del. Coinbase Outcome May Have Been Different In Texas

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    The Delaware Court of Chancery's recent decision in Grabski v. Andreessen, finding that a member of the Coinbase special litigation committee was not independent, provides guidance for Delaware boards regarding the formation, composition and operation of SLCs, while offering a counterpoint to the procedures available to Texas-incorporated companies, says John Lawrence at Baker Botts.

  • Why The NCUA's Stablecoin Moment Matters

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    The National Credit Union Administration, a historically conservative federal agency, recently proposed a detailed stablecoin licensing framework, confirming that the proposition of building a regulatory architecture within the banking industry has moved well past "whether" and firmly into "how," says Stephen Aschettino at Fox Rothschild.

  • Lessons From Justices' Split On Major Questions Doctrine

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    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • Drug Wholesaler's DPA Shows Imperfect Efforts Still Count

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    Atlantic Biologicals’ recent deferred prosecution agreement with federal prosecutors for allegedly distributing controlled substances to pill mill pharmacies demonstrates that even subpar cooperation, when combined with genuine remediation and strategic advocacy, can yield outcomes that protect a company's long-term interests, says Jonathan Porter at Husch Blackwell.

  • Share Repurchases Leave Cos. Susceptible To Litigation

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    Because share repurchases bring greater ownership, which typically brings greater voting power, they can have serious implications for corporate control, which can raise questions about the unpaid benefits to some shareholders and lead to securities class actions, says Amit Bubna at Bates White.

  • How The New Tariff Landscape May Unfold

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    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

  • How DOJ Is Rethinking Corporate Crime Prosecution Tactics

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    Recent statements from the Justice Department seem to indicate an incremental shift away from relying on collective employee knowledge when prosecuting corporate crime, and from exploring the bounds of case law that has not been a model of clarity, say attorneys at Covington.

  • Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity

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    The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.

  • Unique Issues Facing Brand-Compounder Patent Litigation

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    Recent litigation and potential enforcement action against Hims & Hers Health raise questions about how compounders and branded pharmaceuticals companies would be positioned in patent litigation as compared to generics companies, which would require strategies different from those that would be used in traditional Hatch-Waxman Act litigation, say attorneys at Morgan Lewis.

  • How Banks Can Apply FinCEN Beneficial Ownership Relief

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    A recent Financial Crimes Enforcement Unit order limiting the circumstances under which banks should identify and verify beneficial owners may allow banks to tailor their approach to verification compliance, but only after reviewing customer due diligence policies and evaluating alignment with their risk profiles, say attorneys at Cleary.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

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