Corporate

  • June 03, 2026

    USTR Floats Double-Digit Tariffs On Basis Of Forced Labor

    Sixty economies are facing added tariffs of either 10% or 12.5% on their exports to the U.S. following investigations by the U.S. Trade Representative's Office into countries' protections against the importing of goods produced with forced labor.

  • June 03, 2026

    Okla. Gov. Vetoes Solar Power Property Tax Break Exclusion

    Oklahoma's governor pocket vetoed a bill that would have excluded solar power companies and battery energy storage systems from a property tax exemption for manufacturing facilities.

  • June 03, 2026

    Paul Weiss, Weil Steer $1.9B Wellington-Hartford Funds Deal

    Boston-based Wellington Management has agreed to acquire Hartford Funds from insurer The Hartford in a deal valued at about $1.9 billion, with Paul Weiss Rifkind Wharton & Garrison LLP and Weil Gotshal & Manges LLP advising, the companies said Wednesday.

  • June 03, 2026

    Wordsmith Raises $70M As In-House Legal AI Demand Grows

    Wordsmith AI Ltd. has raised $70 million from outside investors and plans to "double down" on expansion in the U.S. as in-house legal teams increasingly use AI to automate routine tasks and maintain control of legal costs.

  • June 03, 2026

    Ex-NRA Chief LaPierre Loses Appeal Of $4.4M Fine, Ban

    A New York state appellate panel upheld a Manhattan jury verdict against former National Rifle Association chief Wayne LaPierre for alleged misconduct, including $4.4 million in monetary damages and a ban on him serving in leadership at the gun group for a decade.

  • June 03, 2026

    USTR Seeks Input On China Preferential Trade Mechanism

    The Office of the U.S. Trade Representative announced what it is calling a government-to-government mechanism that will manage bilateral trade between the U.S. and China, including by considering tariff cuts, and asked for public comments on the program's development.

  • June 03, 2026

    Germany's Rheinmetall Selling Auto Biz To Aequita For $406M

    German defense contractor Rheinmetall said Wednesday it has agreed to sell its civilian Power Systems business to Munich-based industrial holding company Aequita for €350 million, or roughly $406 million.

  • June 03, 2026

    Paul Weiss Hires Deals Pro From Dechert In NY

    Paul Weiss Rifkind Wharton & Garrison LLP announced Monday that it has welcomed a corporate partner from Dechert LLP, touting his role in large mergers and acquisitions in the life sciences, financial services, consumer and retail, energy, technology and industrial sectors.

  • June 02, 2026

    Amazon Hit With Privacy Suit Over Ring's Face-Scan Feature

    Amazon is invading the privacy of millions of Americans who come into contact with its Ring security cameras by unknowingly capturing their biometric data in order to fuel a new artificial intelligence-powered facial recognition feature, according to a proposed class action filed in Washington federal court Monday.

  • June 02, 2026

    Finalized Trump Order Seeks Early Cyber Tests Of AI Models

    President Donald Trump signed an executive order Tuesday to push the developers of advanced artificial intelligence models to voluntarily share their systems with the federal government for pre-release cybersecurity testing, following changes to a previous draft that the president abruptly shelved last month due to concerns about its effect on innovation. 

  • June 02, 2026

    Lyft Can't Ditch Riders' Suit Over 'Priority Pickup' Promise

    A California federal judge refused Tuesday to throw out a trio of Lyft passengers' proposed class action claiming the ride-hailing company's Priority Pickup option costs extra but often fails to pick up passengers faster, finding that the passengers had standing to bring their claims.

  • June 02, 2026

    Reddit's Reply To Bylaw Protest Likely AI-Made, Investor Says

    A Reddit investor sued in Delaware's Chancery Court on Monday alleging that when he challenged a charter provision that he says unlawfully restricts investors from removing board members designated by Reddit's biggest shareholder, the social media company responded with an "absurd" argument that appears to have been generated by artificial intelligence.

  • June 02, 2026

    Costco Wants Sanctions Over Missing Devices In Pixel Suit

    Costco has asked a federal judge in Seattle to sanction a group of customers leading a proposed class action that accuses it of disclosing their personal health information by installing Meta Pixel and other Facebook web analytics tools on its pharmacy website.

  • June 02, 2026

    Talc Tester Says J&J Never Pressured Him To Hide Asbestos

    A geologist on Tuesday told a California jury considering bellwether claims that Johnson & Johnson's talc products caused their deadly ovarian cancer that he tested the products for years and the company never asked him to lie about any results, even after he discovered asbestos in a World War II-era bottle.

  • June 02, 2026

    Texas Biz Court Says Exxon Bonus Fight Isn't 'Internal Affairs'

    The Business Court of Texas shifted the $5 million racial discrimination lawsuit of a former Exxon Mobil Corp. executive back to state district court, determining that no provision in the state's governing laws gives it jurisdiction over employment disputes.

  • June 02, 2026

    Virtu Insider Buyback Suit Survives Dismissal Bid

    The Delaware Court of Chancery on Tuesday refused to dismiss a stockholder lawsuit accusing Virtu Financial Inc.'s founder and top executives of using the company's share repurchase program to unfairly enrich insiders at the expense of public investors, finding that the claims were reasonably supported at the pleading stage.

  • June 02, 2026

    Aspiration Co-Founder Gets 14 Yrs In $248M Fraud Scheme

    Joseph Sanberg, co-founder of the now defunct, celebrity-backed and sustainability-focused financial services company Aspiration Partners, has been sentenced to 14 years in prison by a California federal judge, stemming from a years-long scheme where he defrauded more than 130 victims of at least $248 million. 

  • June 02, 2026

    R1 Deal Defendants Urge Chancery To Toss Investor Suit

    Counsel for TowerBrook Capital Partners LP and Ascension Health Alliance urged the Delaware Chancery Court on Tuesday to dismiss a stockholder suit over medical company R1 RCM Inc.'s $8.9 billion take-private deal, arguing that the investors did not control the company under Delaware law.

  • June 02, 2026

    Raymond James, Ex-VP Wrap Up Sex Bias Case

    Financial services company Raymond James and a former vice president who said she was fired for complaining about sexism and denied promotions formally ended their Florida federal court battle Tuesday, almost two years after the company got her case kicked to arbitration.

  • June 02, 2026

    Why License? 5th Circ. Weighs 'Server Test' In News App Fight

    A Fifth Circuit judge on Tuesday asked counsel for a news aggregation app why publishers would ever license their articles if the app can lawfully show readers the same content without paying as long as it's hosted on the publishers' own servers.

  • June 02, 2026

    AI Software Contracts Need Careful Review, Attys Are Warned

    Attorneys considering adopting artificial intelligence tools must ensure software contracts comply with data privacy laws, and firms should not be afraid to quiz software sales representatives, including by asking how long the software retains data, representatives from two law firms told Connecticut lawyers Tuesday.

  • June 02, 2026

    Pharma Co. Inks $7M Deal To End Investor's Cancer Study Suit

    A Spectrum Pharmaceuticals Inc. investor has asked a New York federal court to approve a $7 million deal resolving class action claims alleging the drugmaker overstated its regulatory prospects for winning approval for a cancer treatment.

  • June 02, 2026

    Northrop To Pay $75M In Midtrial LA Contamination Deal

    Residents of a Los Angeles suburb who sued Northrop Grumman over alleged environmental contamination have asked a California federal judge to preliminarily approve a $75 million class deal struck midtrial with the aerospace company that also proposes their attorneys receive up to 40% of the fund — and possibly more.

  • June 02, 2026

    FTC Orders Ascension Divestiture To Complete $3.9B Deal

    Nonprofit health system Ascension Health Alliance must divest several of its surgery center facilities in order to complete its proposed $3.9 billion acquisition of AmSurg LLC, the Federal Trade Commission said Tuesday.

  • June 02, 2026

    SEC Floats Strategic Plan For Next Four Years

    The U.S. Securities and Exchange Commission on Tuesday said it plans to reevaluate how administrative proceedings operate and to write regulations governing the cryptocurrency industry, calling for public feedback as it put forth Chairman Paul Atkins' vision for running the agency over the next four years. 

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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