Corporate

  • September 03, 2026

    Nvidia Buying Open-Source AI Firm Hugging Face For $12.9B

    Nvidia Corp. has agreed to acquire Hugging Face for about $12.93 billion, Nvidia CEO Jensen Huang said Thursday, in the chipmaker's largest acquisition to date as it puts more financial weight behind the open-model ecosystem.

  • September 02, 2026

    Banks Can Discuss Fraud Without Disclosing SARs

    The U.S. Department of the Treasury's financial crimes unit and other financial regulators said Wednesday that banks can communicate with customers who are the subject of suspicious activity reports about potential underlying fraud so long as they don't reveal the existence of the report.

  • September 02, 2026

    Akerman Hires Consumer Protection Law Ace From Steptoe

    Akerman LLP announced on Monday it has welcomed a former Steptoe LLP attorney who brings vast experience helping clients navigate a unique, complicated landscape involving Golden State consumer protection laws and regulations, including matters related to Proposition 65.

  • September 02, 2026

    Online Embedders May Like 5th Circ.'s Pivot On Server Test

    The Fifth Circuit last week rejected a 2007 copyright test that publishers have long criticized, but attorneys say the court's replacement may still leave news aggregators and apps that embed third-party content in a strong position while putting more pressure on rights holders to restrict content they don't want embedded elsewhere.

  • September 02, 2026

    11th Circ. OKs Refusal Of $1.5M Offer To End $140M Tax Debt

    The Eleventh Circuit rebuffed a software company founder's $1.5 million offer to settle his $140 million tax debt from 1999, ruling Wednesday that the IRS properly rejected the lowball offer in a case tied to sham arrangements.

  • September 02, 2026

    Luna Investor Seeks Merger Records Over White Hat Ties

    A Luna Innovations Inc. stockholder has sued the fiber-optic technology company in the Delaware Chancery Court seeking internal records about its planned sale to an affiliate of private equity firm TJC LP, saying the documents are needed to investigate possible conflicts and whether common shareholders are being shortchanged.

  • September 02, 2026

    STMicro Investors Seek Cert. In Suit Over COVID Market Drop

    Investors in semiconductor manufacturing company STMicroelectronics have asked a New York federal judge to certify their securities class action alleging company executives failed to acknowledge pandemic-related semiconductor chip demand declines, arguing they all relied upon the executives' public misrepresentations to purchase company shares. 

  • September 02, 2026

    Clippers Fined $30M As Probe Uncovers Salary Cap Violations

    The NBA unveiled sweeping sanctions against the Los Angeles Clippers Wednesday, including a $30 million fine and a one-year ban for the team's owner, after an investigation uncovered evidence that the team violated the league's salary cap rules by arranging off-court business deals for its star forward, Kawhi Leonard.

  • September 02, 2026

    Firms Vie For Lead Counsel Role In Vestis Derivative Suit

    Plaintiffs in a shareholder derivative action against the top brass of Vestis Corp. are in a tussle to get different law firms appointed as lead counsel, with the original plaintiff backing The Brown Law Firm PC and the additional plaintiffs pushing The Rosen Law Firm PA and Johnson Fistel PLLP.

  • September 02, 2026

    JPMorgan Seeks Stay Of $20M Javice, Amar Fee Order

    JPMorgan Chase & Co. urged the Delaware Chancery Court on Wednesday to pause enforcement of an order requiring it to advance more than $20 million in disputed legal fees to convicted Frank founder Charlie Javice and former executive Olivier Amar, arguing the bank could permanently lose the money before it gets a chance to challenge the ruling.

  • September 02, 2026

    2nd Circ. Faults NLRB's Dress Code Test In Starbucks Appeal

    The Second Circuit faulted the test the National Labor Relations Board applies to neutral dress codes that restrict workers' displays of union insignia, tossing Wednesday a ruling that Starbucks illegally barred workers at a Manhattan shop from wearing pro-union shirts. 

  • September 02, 2026

    Linqto Founder Engineered $450M 'Pre-IPO' Fraud, Feds Say

    The founder of Linqto, a bankrupt platform that allows investors to buy shares before their initial public offerings, was arrested in California Wednesday and charged in New York federal court with a $450 million price markup scheme.

  • September 02, 2026

    NJ AG Seeks Expedited Discovery In Amazon Antitrust Suit

    New Jersey's attorney general has asked a federal court for leave to file a motion for expedited discovery in a federal antitrust suit claiming that Amazon has unlawfully maintained its dominant buying power in the delivery driver services market, claiming there is an "immediate need" for discovery in the case.

  • September 02, 2026

    Buchanan, Davis Polk Steer Vertiv-UIG Deal Worth Up To $2.6B

    Vertiv Holdings Co. said Wednesday that it has agreed to acquire UtilityInnovation Group, a provider of microgrid controls and behind-the-meter power systems for data centers, for about $1.45 billion in cash at closing plus up to $1.15 billion in additional consideration tied to earnings targets.

  • September 02, 2026

    Logistics Co. Says Ex-Workers Gave Trade Secrets To Rival

    A supply chain and logistics management company is accusing two former employees and a rival trucking company of carrying out a scheme to steal its trade secrets and confidential information, according to a lawsuit filed in Georgia federal court.

  • September 02, 2026

    DOJ Ad Tech Judge Won't Break Up Google's Biz

    A Virginia federal judge on Wednesday refused to break up Google's advertising placement technology business, opting instead to grant the U.S. Department of Justice a litany of behavioral fixes aimed at limiting the search giant's ability to boost itself and the ads running through its own servers over ads from rival ad tech providers.

  • September 01, 2026

    Music Publishers Fight To Keep $3B Anthropic IP Case Alive

    Major music publishers on Monday urged a California federal court not to throw out their $3 billion suit accusing Anthropic PBC of "brazen" mass copyright infringement of sheet music and songbooks, arguing that Anthropic's "thin challenges" to their claims mischaracterize the law and disregard their "extensive" allegations.

  • September 01, 2026

    Watchdog Sues To Unmask Feds' 'Secret' Frontier AI Review

    A nonprofit ethics watchdog accused the Trump administration in D.C. federal court Tuesday of failing to hand over information about the "secret de facto regulatory regime" governing frontier artificial intelligence models.

  • September 01, 2026

    Netflix, Ramey Spar Over Patent Suit Atty Fees

    Netflix and prolific patent attorney Bill Ramey have each made arguments for how much Ramey and his firm should be assessed in attorney fees in a patent infringement suit after a California federal court found it was meritless, with Netflix advocating for $3 million from Ramey's firm and his former client, while Ramey requested a finding of no fees or at least lower fees.

  • September 01, 2026

    High Court Should Skip Ruby Tuesday Benefits Suit, SG Says

    The U.S. solicitor general has urged the Supreme Court to decline to consider a suit from former Ruby Tuesday executives alleging Regions Bank inadequately protected their retirement plan benefits that were liquidated in bankruptcy, saying the "idiosyncratic" nature of the dispute makes it a poor candidate for high court review.

  • September 01, 2026

    Honeywell Aerospace To Pay $2M In Security Lapses Case

    Honeywell Aerospace Inc. will pay $2 million to settle a False Claims Act suit alleging it failed to provide basic cybersecurity protections for government data under defense contracts it won for quantum-computing services, the U.S. Justice Department announced Tuesday.

  • September 01, 2026

    Meta Beats UK Co. Suit Over Instagram Shopping For Now

    A California federal judge has ruled in favor of Meta in an antitrust suit from a British company alleging Meta stole its plan for Instagram shopping, saying the injuries that were alleged happened years before the complaint was filed.

  • September 01, 2026

    Meta Says Section 230 Frees It From Doctor's Scam Suit

    Meta Platforms Inc. is urging a California federal court to throw out an Australian doctor's suit alleging that its advertising tools resulted in his name and likeness being used to promote scams, saying evidence now shows that none of its tools introduced his name or likeness.

  • September 01, 2026

    OpenAI's Rogue Agents A 'Warning Shot' For Cos. Everywhere

    OpenAI's recent rogue artificial intelligence incident will likely set the stage for a more widespread expectation that companies using advanced, agentic AI have reasonable protective measures in place, as cyber incidents carried out by AI agents come to be viewed as foreseeable risks.

  • September 01, 2026

    Aiolos Seeks To Block Mass. Suit Over $1B GSK Deal

    Aiolos Bio Inc. and two of its founders have asked the Delaware Chancery Court to stop a former Tier1 Bio Inc. stockholder from pursuing a Massachusetts lawsuit over Tier1's 2023 dissolution and Aiolos' later $1 billion sale to GlaxoSmithKline LLC, arguing he agreed to litigate such corporate disputes exclusively in Delaware.

Expert Analysis

  • A Look At The Court's Next Steps In Live Nation Antitrust Case

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    Following a recent jury verdict that Live Nation and Ticketmaster operated as a monopoly to fix ticket prices, a New York federal court stands to weigh Live Nation's bid for a new trial, approve the U.S. Department of Justice's March settlement with the defendants, and impose remedies that include full structural separation, say attorneys at Crowell.

  • Checking For AI Errors Is Now A Two-Way Street

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    A handful of recent federal and state cases demonstrate the importance of checking for errors generated by artificial intelligence not only in your own court submissions, but also your opponent's, as well as when catching opposing counsel's AI mistakes could result in an award for attorney fees, says Tamara Barago at Hollingsworth.

  • Opinion

    SEC Enforcement Reforms Must Address Post-Wells Limbo

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    The U.S. Securities and Exchange Commission's recent changes to how it notifies companies of a potential enforcement action fail to address what happens after the Wells process is over, highlighting the need for meaningful process reform that includes a formal closure determination, says Kimble Cannon at Mahdavi Bacon.

  • Series

    The Biz Court Digest: Shoring Up Corporate Law In Maryland

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    Launched more than 20 years ago to improve complex corporate adjudication, Maryland's Business and Technology Case Management Program has been a solid success in some areas, but there always is room for improvement, says Bill Krulak at Miles & Stockbridge.

  • How End Of SEC 'Gag Rule' Affects Free Speech Certiorari Bid

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    The Securities and Exchange Commission's recent rescission of the so-called gag rule, which forbade defendants in settlements from denying the SEC’s allegations, may sway the outcome of a petition to the Supreme Court in a case challenging the rule on First Amendment grounds, say attorneys at Troutman.

  • Del. Chancery Has Signaled Decreased Use Of Its Blue Pencil

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    The Delaware Chancery Court's decision in BluSky Restoration Contractors v. Robbins not to enforce or rewrite overbroad language, known as blue-penciling, in key covenants shows that the sale of a business context no longer insulates these restrictive measures from judicial scrutiny, affecting transactions and litigation, says Aylin Daldal at Kleinbard.

  • Data Collection Push Signals New Era For Bank Compliance

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    An executive order pushing for broad bank collection of beneficiary data and a Financial Crimes Enforcement Network geographic targeting order in Minnesota should prompt financial institutions to run checks on customer diligence and privacy controls, as these directives may be part of a wider compliance shift, say attorneys at Faegre Drinker.

  • Citron Founder Verdict Tests Reach Of 'Half-Truth' Fraud

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    A California federal jury's conviction this week of Citron founder Andrew Left may be remembered less as a conventional manipulation prosecution than as a case about how far the "half-truth" doctrine can reach when applied to modern market speech, says Elisha Kobre at Sheppard.

  • Series

    Competing At Poker Makes Me A Better Lawyer

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    Playing poker in male-dominated rooms taught me to treat skepticism as background noise when my opponents seem to underestimate me, to apply pressure when it matters and to adapt without losing strategic discipline — skills that are all indispensable in restructuring and insolvency matters, says Alexis Gambale at Pashman Stein.

  • FTC Sweep Signals Increased 'Made In USA' Claim Scrutiny

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    After the Federal Trade Commission's recent enforcement sweep targeting allegedly deceptive "Made in USA" claims, companies should expect continued scrutiny of both traditional and digital marketing channels, coupled with sustained focus on supply chain transparency and claim substantiation, say attorneys at Morgan Lewis.

  • Revisiting TransUnion's Underused Standing Rule, 5 Years On

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    The Ninth Circuit Court of Appeals' recent use of the U.S. Supreme Court’s now five-year-old TransUnion v. Ramirez rule specifying that the "mere risk of future harm" isn't concrete enough to support a damages claim presents an opportunity to revisit this underutilized standing rule, say attorneys at Horvitz & Levy.

  • 5 Things Associates Must Ask About Their Firm's Merger Plan

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    The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokser-LeFebvre at Major Lindsey.

  • Turning To The Courts When PBM Reform Falls Short

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    The effectiveness of state laws intended to regulate pharmacy benefit managers remains uncertain, but litigation — utilizing tried-and-true theories like breach of contract and fair dealing — offers another mechanism through which stakeholders may seek relief from PBMs, say attorneys at Reed Smith.

  • 2 'Rocket Dockets' And The Rules That Propel Them

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    The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.

  • Operational AI Washing: Dismantling Claims Before Discovery

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    Operational AI washing claims can be rebuffed before discovery extracts their true costs by turning the documentary record established in earnings calls and public disclosures into a layered defense, which can exploit the Private Securities Litigation Reform Act’s heightened pleading standards, say attorneys at Akerman.

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