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Corporate
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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.
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January 06, 2026
Uber Can't Show Bellwether Jury That Driver Wasn't Charged
Ahead of next week's first-ever bellwether trial in multidistrict litigation accusing Uber Technologies Inc. of failing to prevent drivers from sexually assaulting passengers, a California federal judge ruled Tuesday that Uber can't introduce evidence that the alleged assailant wasn't criminally charged.
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January 06, 2026
Ex-Robbins Geller Attys' New Firm To Lead Securities Suit
A new firm by former partners of Bernstein Litowitz Berger & Grossmann LLP and Robbins Geller Rudman & Dowd LLP has secured its first lead counsel appointment in a securities suit against National Instruments Corp., which alleges the company repurchased stock while concealing from investors it was considering being acquired.
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January 06, 2026
6 Key Rulings From Outgoing Del. Justice Karen L. Valihura
Soon-to-be-retiring Delaware Supreme Court Justice Karen L. Valihura carved her name deeply into First State corporate law jurisprudence over her dozen years on the bench, at a time of surging caseloads and intensifying political scrutiny of the business court where many of the country's largest corporate battles are waged.
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January 06, 2026
Fed Circ. Skeptical Of Ex-Wells Fargo Rep's Whistleblower Suit
A panel of Federal Circuit judges Tuesday appeared skeptical of a purported whistleblower's appeal in her case alleging she is entitled to a portion of Wells Fargo's more than $2 billion payout over claims the bank misled investors about its residential mortgage-backed securities ahead of the financial crisis.
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January 06, 2026
Amazon Seeks To 'Hot Tub' MIT Prof's Opinion In Antitrust Suit
Amazon.com Inc. has asked a Seattle federal court for a "hot tub" hearing in a proposed consumer antitrust class action that accuses the e-commerce giant of artificially raising retail prices, saying the novel litigation technique for concurrently questioning parties' experts is needed to vet one expert's change in opinion.
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January 06, 2026
Crypto Exec Says SEC Can't Silence Jurisdictional Defense
A crypto executive fighting a pump-and-dump suit by the U.S. Securities and Exchange Commission has urged a federal judge to deny the agency's request to strike his jurisdictional defenses, arguing the Florida federal court must decide those questions because they raise issues that have not already been litigated.
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January 06, 2026
Coupang Brass Face Suit Over Alleged Cybersecurity Failures
The top brass of e-commerce company Coupang Inc. have been sued in California federal court by a shareholder who claims the company's executives and directors failed to maintain adequate cybersecurity protocols, leading to a data breach that exposed the personal information of millions of customers.
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January 06, 2026
Financial Firm Seeks $5M From Rival That Lured Adviser
Minnesota-based financial planning firm Wealth Enhancement Group LLC has asked a Connecticut Superior Court judge to issue a $5 million damages and costs verdict against a rival accused of hiring a WEG adviser and scheming to draw an alleged $27 million in assets under management into its coffers.
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January 06, 2026
Drugmakers Fight Multifront Legal Battles Over GLP-1s
In the wake of U.S. Food and Drug Administration approvals for GLP-1 weight-loss drugs, surging public demand and massive profits have inspired a broad range of drugmaker litigation against competitors, alleged counterfeits and telehealth providers.
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January 06, 2026
Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit
An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million through an initial public offering.
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January 06, 2026
NJ Bill Aims To Earmark $2.5B In Development Tax Credits
New Jersey would earmark $2.5 billion in economic development tax credits, with up to $300 million designated for sports and entertainment projects, as part of a bill introduced in the state Assembly.
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January 06, 2026
Distribution Co. Drops Suit Alleging Kraft Stole Database
A distribution company has voluntarily dismissed a suit accusing The Kraft Heinz Co. of stealing confidential information by having one of its executives in the Netherlands download a database in violation of a licensing agreement.
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January 06, 2026
Meta Downplayed $10B Ad Changes 'Tsunami,' 9th Circ. Told
Meta Platforms Inc. investors urged a Ninth Circuit panel on Tuesday to revive a proposed securities class action alleging the social media giant hid the financial effects of privacy changes by Apple Inc., arguing that Meta executives publicly assured investors while knowing the company would be hit with a "$10 billion tsunami."
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January 06, 2026
Authors Demand OpenAI's $1B Disney Deal Details For IP Suit
Bestselling authors accusing OpenAI of unlawfully using their copyrighted works to train ChatGPT have asked a New York federal judge to order the company to produce details of its $1 billion licensing deal with Disney announced last month, saying the agreement could show the "feasibility" of a licensing market for AI training.
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January 06, 2026
KFC Inks Deal To End EEOC Sex Harassment Probe
KFC will pay $200,000 to end a U.S. Equal Employment Opportunity Commission investigation into claims that the company ignored sexual harassment at a Florida restaurant, the EEOC said Tuesday.
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January 06, 2026
FTC Urges DC Circ. To Unblock Media Matters Probe
The Federal Trade Commission told the D.C. Circuit the agency's investigation into left-leaning watchdog Media Matters for America is about potential collusion in the advertising industry, not retaliation for reporting on Nazi content, and said a lower court was wrong to block the probe.
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January 06, 2026
Food Distribution Co. Misclassified Supervisors, Suit Says
A food distribution company misclassified supervisors as salaried employees exempt from overtime even though they did not meet the legal requirements to satisfy the carveout under federal wage law, according to a proposed collective action filed in Colorado federal court.
Expert Analysis
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Privacy Policy Lessons After Google App Data Verdict
In Rodriguez v. Google, a California federal jury recently found that Google unlawfully invaded app users' privacy by collecting, using and disclosing pseudonymized data, highlighting the complex interplay between nonpersonalized data and customers' understanding of privacy policy choices, says Beth Waller at Woods Rogers.
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Rare Del. Oversight Ruling Sends Governance Wake-Up Call
An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed against former executives of a company previously known as Teligent, sending a clear reminder that boards and officers must actively monitor and document oversight efforts when addressing mission-critical risks, say attorneys at WilmerHale.
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How Hyperlinks Are Changing E-Discovery Responsibilities
A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.
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More NJ Case Law On LLCs Would Aid Attys, Litigants, Biz
More New Jersey court opinions would facilitate the understanding of the nuances of the state's Revised Uniform Limited Liability Company Act, including on breach of the duty of loyalty, oppression, piercing the corporate veil and derivative actions, says Gianfranco Pietrafesa at Archer & Greiner.
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State False Claims Acts Can Help Curb Opioid Fund Fraud
State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.
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Pemex Bribery Charges Provide Glimpse Into FCPA Evolution
A recently unsealed indictment against two Mexican nationals for allegedly bribing officials at Pemex, Mexico’s state-owned oil company, reveals that Foreign Corrupt Practices Act enforcement is adapting to new priorities, but still remains active, and compliance programs should continue apace, say attorneys at Crowell & Moring.
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CFPB Proposal Defining Consumer Risk May Add Uncertainty
Though a recent Consumer Financial Protection Bureau proposal would codify when risks to consumers justify supervisory intervention against nonbanks, furthering Trump administration plans to curtail CFPB authority, firms may still struggle to identify what could attract supervisory designation under the new rule, say attorneys at Steptoe.
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Targeting Execs Could Hurt SEC's Probusiness Goals
While many enforcement changes under the Trump administration’s U.S. Securities and Exchange Commission have been touted by commission leadership as proinnovation and probusiness, a planned focus on holding individual directors and officers responsible for wrongdoing may have the opposite effect, say attorneys at MoFo.
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Preserving Refunds As Tariffs Await Supreme Court Weigh-In
In the event that the U.S. Supreme Court decides in V.O.S. Selections v. Trump that the president doesn't have authority to levy tariffs under the International Emergency Economic Powers Act, importers should keep records of imports on which they have paid such tariffs and carefully monitor the liquidation dates, say attorneys at Butzel.
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Atkins-Led SEC Continues Focus On Private Funds
Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.
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9th Circ. Ruling Leaves SEC Gag Rule Open To Future Attacks
Though the Ninth Circuit's recent ruling in Powell v. U.S. Securities and Exchange Commission leaves the SEC's no-admit, no-deny rule intact, it could provide some fodder for litigants who wish to criticize the commission's activities either before or after settling with the commission, says Jonathan Richman at Brown Rudnick.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.
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How Fashion, Tech Can Maximize New Small Biz Tax Breaks
Fashion and technology companies, which invest heavily in innovation, should consider taking advantage of provisions in the One Big Beautiful Bill Act that favor small businesses, restructuing if necessary to become eligible for expanded research and experimental expenditure credits and qualified small business stock incentives, says Aime Salazar at Olshan Frome.
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Steps To Take As States Expand Foreign-Influence Bans
As efforts to curb foreign-influenced corporate political spending continue, companies should be aware of the nuances of related laws and layer an additional analysis when assessing legality of foreign engagement, say attorneys at Steptoe.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.