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Corporate
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January 07, 2026
Calif. Mortgage Co. Beats Whistleblower Suit Over PPP Loans
A residential mortgage lender has shed a False Claims Act suit alleging it obtained Paycheck Protection Program loans it was ineligible for, though a California federal judge gave the would-be whistleblower a chance to revise its claims.
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January 07, 2026
BlackSky Satellite SPAC Suit Settles In Del. For $7.5M
Special purpose acquisition company Osprey and several of its top brass on Wednesday reached a $7.5 million deal to resolve litigation in Delaware Chancery Court alleging they protected their buy-ins while leaving public investors to suffer losses following a merger with satellite imaging company BlackSky.
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January 07, 2026
Google, Character.AI To Settle Suicide, Violent Content Suits
Google and artificial intelligence company Character Technologies have agreed to settle lawsuits over various injuries suffered by underage users of its Character.AI chatbot, including the suicides of two teenagers, according to documents filed in federal courts.
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January 07, 2026
Tricolor Ex-CEO Must Take Questions At Creditor Meeting
A Texas bankruptcy judge on Wednesday said the former chief executive of bankrupt subprime car loan lender Tricolor Holdings will have to appear at a creditor meeting despite his argument that he won't be able to answer questions without incriminating himself in his fraud trial.
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January 07, 2026
Steptoe Adds Ex-Fed. Prosecutor To White Collar Team In LA
Steptoe LLP has hired Jamari Buxton, a veteran federal prosecutor with extensive experience investigating public corruption and civil rights issues with the U.S. Attorney's Office for the Central District of California, to be a partner in the firm's White-Collar Defense & Compliance practice in Los Angeles.
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January 07, 2026
ISS Asks Judge Not To Stall Ruling On Texas ESG Law
Institutional Shareholder Services Inc. is pushing back on Texas' request to delay a ruling on the constitutionality of a law requiring proxy advisory firms to disclose when voting recommendations are based on environmental, social or governance factors, arguing that the state hasn't shown how additional discovery "will make any difference" to the case.
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January 07, 2026
Ex-TD Bank Employee Cops To Aiding Money Laundering
A former TD Bank assistant store manager has copped to a single money laundering conspiracy charge in connection with New Jersey federal prosecutors' claims that he took bribes to aid a money laundering network that ultimately moved $474 million through the bank.
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January 07, 2026
NC Judge Warns Of 'Pandora's Box' In Shareholder Row
A North Carolina business court judge Wednesday cautioned counsel for a discharged director of a real estate and insurance company against potentially "opening Pandora's Box" as he argued that his client was targeted by his fellow directors — and family members — due to his age, but can be protected as an employee under state and federal law.
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January 07, 2026
Satellite Biz Chairman Sued After Flip-Flop On Lockheed Sale
A former Terran Orbital Corp. stockholder alleged in a potential class action Wednesday that the satellite company's co-founder flipped his stance on the $450 million sale to Lockheed Martin Corp. after being promised a $6 million bonus contingent on the transaction's completion.
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January 07, 2026
Live Nation Looks To Toss BOTS Act Case
Live Nation and Ticketmaster told a California federal court Tuesday the Federal Trade Commission is trying to use a statute designed to help ticket sellers fight scalping to target operation of the events and the ticketing giant's legitimate resale platform.
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January 07, 2026
Belgian Restaurant Chain Files For Ch. 11 In Ohio
Taste of Belgium Rookwood LLC launched a streamlined Chapter 11 in Ohio bankruptcy court late on Tuesday, reporting about $156,000 in assets against $3 million in liabilities and aiming to stabilize its remaining three-site business.
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January 07, 2026
Block Inc., Dorsey Must Face Suits Over Compliance Claims
A California federal judge has ruled that the parent company of Square and Cash App, Block Inc., and its officers and directors must face claims of compliance failures in a class action and separate derivative suit, finding, among other things, that the derivative suit adequately pleads that Block's board failed to properly oversee the company's compliance program.
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January 07, 2026
Judge Seeks Assurance That PFAS Deals Are Good For NJ
A New Jersey federal judge on Wednesday asked attorneys for the state to assure that two proposed deals with 3M and E.I. du Pont de Nemours & Co. worth nearly $3 billion to resolve its claims over contamination by "forever chemicals" are in the best interest of the state's residents despite a number of objections.
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January 07, 2026
United Workers' Revamped Vax Suit Can Proceed, Judge Says
Workers suing United Airlines over its COVID-19 vaccine mandate, which they allege violated federal discrimination law, are allowed to amend their more than 700-page lawsuit, a Texas federal court has ruled, despite the airline decrying the move as a delay tactic.
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January 07, 2026
NFL Takes Arbitration Fight In Flores Case To Supreme Court
The National Football League has asked the U.S. Supreme Court to decide whether its arbitration process, overseen by the commissioner, complies with federal law, appealing a Second Circuit ruling in favor of a coach suing the league for discrimination.
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January 07, 2026
Jones Day Adds Ex-SEC Deputy Enforcement Director In Ga.
Jones Day has added to its Atlanta investigations and white collar defense practice a former deputy enforcement director of the U.S. Securities and Exchange Commission, the firm announced on Wednesday.
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January 07, 2026
Trump Says He Wants To Ban Wall Street From Buying Houses
President Donald Trump announced in an online post Wednesday he plans to ask Congress to endorse coming steps from his administration to ban large institutional investors from buying single-family homes in the U.S.
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January 07, 2026
Binance Taps Ex-SEC, Coinbase Atty To Head Global Litigation
Binance has brought on a former senior Coinbase lawyer and veteran U.S. Securities and Exchange Commission enforcement attorney to serve as its global head of litigation.
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January 07, 2026
Real Estate Trust Sues In Del. To Contest LP Sale Demands
A CapStack Partners real estate investment fund and affiliate sued Wednesday for a Delaware Court of Chancery ruling supporting its refusal to cash out non-liquid assets to accommodate limited partner withdrawal requests, arguing that the two parties' agreement bars the move.
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January 07, 2026
Warner Bros. Again Tells Shareholders To Nix Paramount Bid
Warner Bros. Discovery on Wednesday implored shareholders to reject Paramount Skydance Corp.'s amended hostile takeover offer, saying the media conglomerate remains committed to the $82.7 billion deal it reached with Netflix in December.
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January 07, 2026
BNP Can't Undo $21M Verdict In Sudan Refugee Case
A Manhattan federal judge granted final judgment Wednesday against BNP Paribas for its alleged role bankrolling atrocities against plaintiffs who fled Sudan amid human rights abuses, declining to trim a $21 million bellwether verdict.
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January 07, 2026
Ford Promotes Deputy GC To Compliance Chief
Ford Motor Co.'s corporate secretary and former deputy general counsel, who previously co-chaired Latham & Watkins LLP's sustainability practice, has announced she is the automaker's new chief compliance officer.
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January 07, 2026
NLRB Gets Up To Speed As Members And GC Are Sworn In
The National Labor Relations Board is set to resume deciding cases after two new members arrived at the agency Wednesday along with President Donald Trump's pick to lead the Office of the General Counsel.
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January 07, 2026
Convicted Oil Trader Agrees To $1.7M Forfeiture For Bribes
A former Freepoint Commodities LLC and Arcadia Fuels Ltd. oil trader convicted of paying bribes to Brazilian officials has reached a $1.7 million forfeiture agreement with federal prosecutors, who initially asked the Connecticut court for $7.8 million.
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January 06, 2026
Ciminelli Walks As 10-Year Buffalo Billion Fraud Case Ends
The long and contentious corruption case against New York developer Louis Ciminelli and others that led to a landmark U.S. Supreme Court ruling on fraud came to a close Tuesday, after he pled guilty and was sentenced to no time in prison.
Expert Analysis
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Navigating A Sea Change In Rent Algorithm Regulation
The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the regulation of algorithmic rent-setting, restraining use of these tools amid a growing trend of regulatory limits on use of algorithmic data and methodologies in establishing housing rental prices. say attorneys at Wilson Elser.
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The SEC Whistleblower Program A Year Into 2nd Trump Admin
The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.
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Key Crypto Class Action Trends And Rulings In 2025
As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.
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Calling The AI Witness In 2026's Merger Reviews
Organizations that anticipate facing a second request or merger clearance review in 2026 should collect artificial intelligence artifacts as part of discovery, and distinguish between human-generated and machine-generated materials, says Sean McDermott at FTI Consulting.
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How New SEC Policies Shift Shareholder Proposal Landscape
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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How 11th Circ.'s Qui Tam Review Could Affect FCA Litigation
On Dec. 12, the Eleventh Circuit will hear arguments in U.S. ex rel. Zafirov v. Florida Medical Associates, setting the stage for a decision that could drastically reduce enforcement under the False Claims Act, and presenting an opportunity to seek U.S. Supreme Court review of the act's whistleblower provisions, say attorneys at Epstein Becker.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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What US Can Learn From Brazil's Securities Arbitration Model
To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.
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Navigating The New Patchwork Of Foreign-Influence Laws
On top of existing federal regulations, an expanding wave of state legislation — placing new limits on foreign-funded political spending and new registration requirements for foreign agents — creates a confusing compliance backdrop for corporations that demands careful preplanning, say attorneys at BakerHostetler.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Terrorist Label For Maduro Poses New Risks For US Firms
The State Department's recent designation of President Nicolás Maduro, and other Venezuelan government and military officials, as members of a foreign terrorist organization drastically increases the level of caution companies must exercise when doing business in the region to mitigate potential civil, criminal and regulatory risk, say attorneys at Freshfields.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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2 Early Settlement Alternatives In Federal Securities Litigation
Most class actions brought under the federal securities laws are either settled or won by the defendants following a motion to dismiss, but two alternative strategies have the potential to lower discovery costs and allow defendants to obtain judgment without the uncertainty of jury trials on complex matters, says Richard Zelichov at DLA Piper.