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Corporate
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January 14, 2026
Oracle Sued By Pension Plan Over AI-Linked Debt Disclosures
The Ohio Carpenters Pension Plan filed a proposed class action Wednesday in New York state court against Oracle, its founder Larry Ellison and other top brass, alleging the company failed to disclose that it would need to sell significant extra debt to fund its artificial intelligence buildout.
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January 14, 2026
Universal Music Cut Loose From Diddy Sex Assault Suit
A New Jersey federal judge on Wednesday dismissed claims against Universal Music Group in a suit seeking to hold it liable for an alleged sexual assault of a teen girl by Sean "Diddy" Combs, saying the music giant can't be held liable for predecessor companies' alleged misconduct.
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January 14, 2026
Calif. Car Cos. Hit With $200M Chancery Fraud Suit
Several California-based car companies, as well as their leader and current and former executives, orchestrated a fraudulent acquisition and asset transfer scheme designed to render a lucrative fuel trading contract worthless and shield a defense contractor from more than $200 million in liabilities, a lawsuit brought Wednesday in the Delaware Chancery Court says.
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January 14, 2026
'The Work Has Changed': How White Collar Attys Are Coping
The Trump administration's dramatic policy enforcement changes over the past year, along with turmoil and turnover at the U.S. Department of Justice, has tilted the white-collar world on its axis, forcing lawyers and firms to abruptly shift focus and expand their practices, sometimes beyond traditional white-collar criminal defense matters.
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January 14, 2026
2nd Circ. Suspects Forum Shopping In Credit Suisse Suit
Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."
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January 14, 2026
NJ Legislature OKs Entertainment Renovation Tax Credit
New Jersey would allow certain sports and entertainment renovation projects to claim an income tax credit under an economic development program if a bill passes in the state Legislature.
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January 14, 2026
MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners
The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.
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January 14, 2026
Wholesaler Admits To $2.5M Opioid Diversion Scheme
A Miami-based pharmaceutical wholesaler has signed on to a two-year deferred prosecution agreement with federal prosecutors over a charge that it knowingly diverted opioids to "pill mill" pharmacies, bringing in more than $2.5 million.
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January 14, 2026
Software Co. Loses Trade Secrets Appeal At 7th Circ.
The Seventh Circuit has refused to revive claims that an energy management services company stole trade secret information from an appointment booking software application and incorporated its features into a new platform.
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January 14, 2026
Payscale Presses Del. Justices To Revive Noncompete Claims
The Delaware Supreme Court heard arguments Wednesday over whether the state's Chancery Court went too far in dismissing Payscale's lawsuit seeking to enforce an 18-month noncompete clause against a former sales executive, focusing on when a court may decide, at the outset of a case, that a restrictive covenant is unenforceable as written.
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January 14, 2026
Alternative Asset 401(k) Investing Rule Sent To OMB
The White House Office of Management and Budget is reviewing a proposed rule from the U.S. Department of Labor's employee benefits arm related to fiduciary duties involved with alternative asset investing in 401(k)s, marking the last hurdle before the regulations' release for public comment.
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January 13, 2026
Google Engineer Cut-And-Pasted To Evade Security, Jury Told
A Google security manager took the stand Tuesday in the criminal trial of an engineer accused of stealing artificial intelligence trade secrets, testifying that his investigation showed that Linwei Ding evaded Google's internal security systems by cutting and pasting the data in a way that stripped information identifying Google's authorship.
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January 13, 2026
CrowdStrike Beats Investor Fraud Suit Over 2024 Outage
A Texas federal judge has tossed a shareholder suit against CrowdStrike Holdings Inc. over its massive 2024 outage that downed computers worldwide, finding the plaintiffs failed to adequately plead any misleading statements about steps the cybersecurity company was taking to prevent such a system crash.
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January 13, 2026
Ex-Duane Morris Tax Partner Charged With Murdering Wife
A former tax partner at Duane Morris LLP's Chicago office has been charged with killing his wife a little more than a year ago, according to an announcement made Tuesday by Illinois prosecutors.
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January 13, 2026
SEC's Atkins Launches Review Of Corporate Disclosures Reg
U.S. Securities and Exchange Commission Chair Paul Atkins said Tuesday he has directed the Division of Corporation Finance to review the agency's broad regulation covering what qualitative information public companies should disclose in regulatory filings.
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January 13, 2026
OpenAI Chatbot Coached Man To Suicide, Calif. Suit Claims
A Colorado man who confided in ChatGPT about his mental health struggles died from a self-inflicted gunshot wound after the chatbot turned into a "frighteningly effective suicide coach" and even composed a "suicide lullaby" for him shortly before his death, according to a lawsuit filed in California state court Monday.
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January 13, 2026
PE Firm Says No Deal In $132M Denver Skyscraper Fight
A private equity firm Tuesday argued in state court that the claims against it from a real estate investment firm should be dismissed because the two parties never had a binding agreement in the $132 million commercial real estate deal of a downtown Denver skyscraper that led to competing lawsuits from both parties.
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January 13, 2026
Meta Fights Authors', Entrepreneur Mag's Copyright Claims
Meta Platforms has filed responses in two California cases where it is accused of unlawfully using copyrighted material to train its artificial intelligence models, asking a court to reject an attempt from authors to update their pleadings and urging the same court to dismiss most of a separate complaint from Entrepreneur magazine.
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January 13, 2026
Oak Street Exec's Ex-Partner Must Forfeit $617K In Assets
Federal authorities can delve into the assets of a man who made illegal insider trades of CVS stock based on information from his domestic partner so that they can recover $617,000 he agreed to forfeit as part of a plea deal, a Pennsylvania federal judge said Tuesday.
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January 13, 2026
Insurer Didn't Owe Defense To Telecom Co. In Merger Row
An insurer had no duty to defend a telecommunications company sued by a former board member in connection with a 2014 merger, a Wyoming federal court ruled, saying the suit is a single claim under its directors and officers policy and therefore falls under an "insured versus insured" exclusion.
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January 13, 2026
Medical Device Co. Faces New Derivative Suit In Delaware
A stockholder of digital health equipment business Butterfly Network Inc. launched a derivative suit in Delaware's Court of Chancery on Tuesday, seeking recovery for the company of "many millions" tied to allegedly misleading disclosures ahead of a special purpose acquisition company take-public merger in 2021.
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January 13, 2026
Emails Show Deceit In Medicare Advantage Deal, NC Court Told
Internal documents from Atrium Health Inc. show the company never intended to follow through on a partnership for a new Medicare Advantage health plan with a plan provider who spent tens of millions of dollars to get it off the ground, the providers' counsel told a North Carolina Business Court judge Tuesday.
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January 13, 2026
Chancery OKs $4.85M Deal To End Ed-Tech Acquisition Suit
The Delaware Chancery Court signed off Tuesday on a $4.85 million class settlement resolving stockholder claims over Sterling Partners' 2024 take-private acquisition of Australian education-technology company Keypath Education International Inc., finding that the deal fell within a reasonable range given the risks the investors faced in continuing to litigate their fiduciary-duty claims.
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January 13, 2026
AI Infrastructure Firm Exascale To Go Public Via $500M Deal
Exascale Labs Inc., an artificial intelligence computing infrastructure platform, has announced plans to go public through a $500 million merger with special purpose acquisition company D. Boral ARC Acquisition I Corp.
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January 13, 2026
Bath & Body Works Investor Sues Over Co.'s Growth Claims
Retail chain Bath & Body Works Inc. was hit with a proposed shareholder class action accusing it of misleading investors about the success of its product expansion strategy and leaning heavily on frequent promotions to drive unsustainable growth.
Expert Analysis
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How In-House Counsel Can Prep Corp. Reps For Depositions
With anticorporate sentiment on the rise and jury verdicts against businesses growing larger, it is crucial that witnesses designated to be deposed on behalf of a company be well-prepared — and there are several key points in-house counsel should keep in mind to facilitate this process, says Joseph Altieri at Hollingsworth.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.
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1st Trial After FCPA Pause Offers Clues On DOJ Priorities
After surviving a government review of Foreign Corrupt Practices Act enforcement, the U.S. v. Zaglin case reveals the U.S. Department of Justice still appears willing to prosecute individuals for conduct broadly consistent with classic priorities, despite the agency's new emphasis on foreign policy priorities, say attorneys at Debevoise.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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From Bank Loans To Private Credit: Tips For Making The Shift
The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.
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Wells Process Reforms Serve SEC Chair's Transparency Goals
Enforcement policy changes U.S. Securities and Exchange Commission Chairman Paul Atkins recently set forth will help fulfill his stated goal of making Division of Enforcement investigations more fair and transparent by changing the Wells process to provide recipients earlier consultations with SEC staff, greater evidence access and more time to file responses, say attorneys at Dechert.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Series
My Miniature Livestock Farm Makes Me A Better Lawyer
Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.
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The Future Of Gen AI Training Amid Reddit Data Scraping Suit
Reddit's lawsuit against Perplexity AI is not framed as a classic copyright infringement fight, demonstrating that even when companies avoid fair use claims, the path by which training data is obtained is legally consequential, say attorneys at Troutman Pepper.
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Navigating Sanctions Against Colombia's Head Of State
To limit their exposure from recent sanctions that prohibit dealings with Colombia’s president and specific officials, it is critical that U.S. companies gain a fulsome understanding of potential touchpoints, establish controls to avoid engagement and, if necessary, seek U.S. government approval, say attorneys at Perkins Coie.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.
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SEC's Dual Share Class Approval Signals New Era For ETFs
The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.
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Class Actions At The Circuit Courts: November Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.
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E-Discovery Quarterly: Recent Rulings On Dynamic Databases
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.