Corporate

  • September 29, 2026

    Social Media Cos., Teens Spar Over Evidence Ahead Of Trials

    Social media companies and teens who allege the companies harmed their mental health sparred in California state court Tuesday over what evidence jurors will hear in an upcoming round of bellwether trials, including whether jurors should hear purported instances of domestic violence in the teens' home lives.

  • September 29, 2026

    OpenAI Knew AI Was Rogue Before Hugging Face, Suit Says

    A public interest law nonprofit sued OpenAI in California state court Tuesday, seeking to hold the ChatGPT maker liable for a July cyberattack on Hugging Face, arguing OpenAI "straightforwardly violated California law" by failing to rein in hundreds of rogue AI agents that OpenAI knew were running amok without proper safeguards.

  • September 29, 2026

    SEC Allows Retail Voting Programs Modeled On Tesla Plan

    The U.S. Securities and Exchange Commission Tuesday gave the green light to companies that want to enable automated proxy voting for retail investors, so long as the voting programs are modeled in line with a program put forward by Tesla Inc.

  • September 29, 2026

    X Corp. Says Crypto Gambling Company Bribed X Employees

    X Corp. told a Texas federal court that a company behind two controversial crypto gambling websites, which allegedly bribed X employees, cannot arbitrate claims that X unfairly removed their access to its website.

  • September 29, 2026

    Tommy's Boats Owner Says Atty Error Led To $65M Judgment

    The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplier would buy back unsold inventory in the event of a loan default, an alleged oversight that left the owner personally liable for $65 million.

  • September 29, 2026

    Del. Chancery Rejects Saama Founder's $68M Earnout Bid

    The Delaware Chancery Court has rejected a bid from Saama Technologies founder Suresh Katta for a $67.5 million earnout tied to Carlyle Group's 2021 investment in the clinical data company and ordered him to pay Saama about $7.3 million, finding that he acted in bad faith by pushing contracts that damaged the business to maximize the payout.

  • September 29, 2026

    Disney's Antitrust Case Against InterDigital Paused

    InterDigital has convinced a Delaware federal judge to press pause on a lawsuit brought by Disney accusing the technology development company of refusing to offer reasonable licenses on patents for video streaming.

  • September 29, 2026

    Richards Layton Atty's Chancery Nomination Advanced

    A Delaware senate committee Tuesday advanced the nomination for a Richards Layton & Finger PA director to serve as a vice chancellor on the nationally important Chancery Court, with him vowing to continue the court's esteemed legacy for corporate law jurisprudence.

  • September 29, 2026

    Brightline Can Tap $190M In Ch. 11 Financing, Judge Says

    Entities that own high-speed rail network Brightline Florida received a New Jersey bankruptcy judge's permission Tuesday to obtain interim access to $190 million of Chapter 11 financing in an unconventional loan package involving a nondebtor that runs the railroad.

  • September 29, 2026

    Bath & Body Works Moves To Nix 'Fraud By Hindsight' Suit

    Bath & Body Works Inc. is looking to escape litigation accusing it of deceiving investors about a failed business expansion strategy, with the company arguing that disappointing business results do not amount to fraud.

  • September 29, 2026

    Kirkland, Cooley Steer Transom's SoundThinking Take-Private

    California middle-market private equity firm Transom Capital Group has agreed to acquire SoundThinking Inc. for up to approximately $159 million, the public safety technology company said Tuesday. 

  • September 29, 2026

    Cloud Fails To Upend Revvity's $4.5M Fee, Contract Win

    A Massachusetts intermediate appellate court on Tuesday affirmed a lower court's finding that Cloud Software Group LLC wrongly used a "sham audit" to justify terminating a long-term partnership with another software company in order to poach its customers.

  • September 29, 2026

    Live Nation Can't Ditch FTC's Ticket Scalping Case

    A California federal judge refused Monday to toss the Federal Trade Commission's claims Live Nation ignored ticket scalpers and failed to disclose significant Ticketmaster fees upfront, finding the suit plausibly alleges Ticketmaster didn't enforce its own resale policies and duped consumers with "ambiguous and vague" disclosures.

  • September 29, 2026

    Del. Chancery Freezes 32.1M Talkdesk Shares In Viking Fight

    The Delaware Chancery Court on Tuesday temporarily barred Talkdesk Inc. from disposing of roughly 32.1 million shares it received through a disputed foreclosure involving founder and CEO Tiago Paiva, while ordering expedited proceedings on a claim from investors of Viking Global that the deal violated their contractual consent rights.

  • September 29, 2026

    Reed Smith Adds AI, Data And Cyber Partner In Chicago

    Reed Smith LLP announced Tuesday that an attorney specializing in cybersecurity and data privacy matters has moved her practice to the firm's Chicago office after more than two years with Neal Gerber & Eisenberg LLP.

  • September 29, 2026

    Tax Co. Urges 5th Circ. To Deny Microcaptive Rules Case Stay

    A global tax services provider asked the Fifth Circuit to deny the IRS' request to stay its challenge to the agency's reporting rules for microcaptive insurance companies pending the resolution of a similar case before the appeals court, saying it should be allowed to present its own arguments.

  • September 29, 2026

    Gibson Dunn Hires NY-Based Structured Finance Co-Chair

    Gibson Dunn & Crutcher LLP has added an attorney previously with Clifford Chance LLP who specializes in the energy and infrastructure sectors as co-chair of its structured finance practice group.

  • September 29, 2026

    Agtech Biz Founder Loses Chancery Judge Recusal Bid

    A Delaware Chancery Court magistrate has denied a motion from HerdDogg Inc.'s founder to recuse himself from presiding over litigation she brought seeking to place the agricultural technology company into receivership, saying "unequivocally" that the founder had not shown disqualification would be appropriate.

  • September 28, 2026

    SEC Says Couple Leaked Info Ahead Of $3.7B Cummins Deal

    The U.S. Securities and Exchange Commission announced settlements Monday with a former Cummins Inc. manager and her husband charged with disclosing details about the company's $3.7 billion Meritor acquisition to a chain of individuals who reaped over $500,000 from the inside information.

  • September 28, 2026

    Netflix Gets Atty Fees From Ramey For 'Bad Faith' Conduct

    A California federal judge Monday refused to let intellectual property attorney Bill Ramey off the hook for paying Netflix's attorney fees, attributing nearly $1.4 million to the Houston-based attorney's misconduct, including the concealment of the fact that his client didn't own a patent they accused Netflix of infringing.

  • September 28, 2026

    Coors Urges Colo. Judge To Stop Suppliers' Contract Exits

    Coors Distributing Co. LLC has fired back amid a recent wave of beer brand owners ending contracts with the beer wholesaler, alleging in Colorado state court that two companies violated the state's arbitration laws by terminating their decades-long distribution agreements with the wholesaler without cause.

  • September 28, 2026

    Fla. AG Seeks To Put Guardrails On OpenAI's Models

    Florida's attorney general on Monday asked a court to block OpenAI and its CEO Sam Altman from developing artificial intelligence models without third-party guardrails and from offering ChatGPT to minors, in a suit accusing the AI company of spurring young people to commit crimes and acts of violence.

  • September 28, 2026

    Nextdoor, Khosla Say Investor Brought De-SPAC Suit Too Late

    Nextdoor and Khosla Ventures urged the Delaware Chancery Court on Monday to dismiss a stockholder lawsuit challenging Nextdoor's de-SPAC merger as untimely, arguing the clock began running when the proxy that an investor described as misleading was issued in October 2021, while the plaintiff insisted later disclosures and tolling doctrines keep her claims alive.

  • September 28, 2026

    Insurance Broker Loses Bid To Undo $6.6M IRS Penalty

    A Pennsylvania federal judge rejected an insurance broker's second attempt at challenging a $6.6 million tax penalty imposed by the Internal Revenue Service, ruling Monday that the penalty doesn't violate the company's Seventh Amendment rights.

  • September 28, 2026

    Insurer Seeks Exit From Pharma Co.'s $50M Creditor Dispute

    An insurer for a San Francisco pharmaceutical company told a California federal court it owes no duty to defend the company in a suit from a creditor and shareholder alleging directors and officers mismanaged the company to protect their equity, saying a creditors exclusion bars coverage.

Expert Analysis

  • Series

    Ballet Makes Me A Better Lawyer

    Author Photo

    A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

  • Del. Dispatch: More Earnout Guidance From Chancery

    Author Photo

    The Delaware Court of Chancery's recent decision in Georgia Security Solutions v. NewCBN reaffirms that a procedure resembling a traditional accountant true-up will generally be interpreted as calling for an expert determination, not an arbitration, and highlights the need for clarity in drafting earnout provisions, say attorneys at Fried Frank.

  • 3 Lessons From Crypto For Attys Entering The AI Space

    Author Photo

    Lawyers transitioning into roles at artificial intelligence companies can take several lessons from the evolution of the cryptocurrency space on how to manage regulatory ambiguity, weigh open-versus-closed technology models and build compliance safeguards as AI rules take shape, says Rebecca Rettig at Jito Labs.

  • Rejection Of NLRB Successor Bar Renews An Employer Tool

    Author Photo

    Although the D.C. Circuit's recent ruling in Hospital Menonita v. National Labor Relations Board does not allow purchasers to disregard incumbent unions, employers acquiring a unionized business have regained a tool to challenge a union's majority support, say attorneys at Bass Berry.

  • DOJ Fraud Declination Highlights Self-Disclosure Tradeoffs

    Author Photo

    As exemplified by the U.S. Department of Justice's declination of charges against Campus Eye Management under its new corporate enforcement policy, self-disclosure can be an attractive option for healthcare companies navigating criminal exposure, but should be weighed against potential costs, say attorneys at Morgan Lewis.

  • Using CFIUS' New Risk Matrix And Mitigation Guidance

    Author Photo

    The Committee on Foreign Investment in the United States' national security matrix and related mitigation guidance provides a common vocabulary for allocating regulatory and mitigation risk in transaction documents, and may help focus any discussions with the agency, say attorneys at Simpson Thacher.

  • Q3 Numbers Refine Picture Of SEC Enforcement Trajectory

    Author Photo

    A snapshot of the U.S. Securities and Exchange Commission’s third-quarter enforcement actions suggest the program may be smaller than in prior years, but that it is increasingly concentrated around market abuse and individual misconduct, especially related to insider trading, say Adrienna Huffman, Jan Jindra and Erik Johannesson at The Brattle Group.

  • What DOJ Fraud Division Rule Resolves, And What It Doesn't

    Author Photo

    The U.S. Department of Justice’s recently published final rule answers many outstanding questions about the newly created National Fraud Enforcement Division, but overlapping mandates could result in parallel investigations and diverging viewpoints between multiple sets of prosecutors, say attorneys at Gibson Dunn.

  • Fed. Circ. In July: Meeting The Enablement Requirement

    Author Photo

    The Federal Circuit's decision in Wyeth v. AstraZeneca last month exemplifies when a generalized conception of an invention is insufficient to enable the full scope of asserted patent infringement claims, and may lead to more enablement challenges, say attorneys at Knobbe Martens.

  • Calif. Ruling Opens Del. Cos. Up To Stockholder Inspection

    Author Photo

    A California appellate court's recent decision in Salamon v. Orchid Global underscores that despite last year's amendments to the Delaware General Corporation Law, Delaware companies with principal operations in California remain subject to California's broader and more stockholder-protective inspection regime, say attorneys at Sheppard.

  • ERC Filing Deadlines Raise Tax Adviser Liability Risk

    Author Photo

    To minimize their risk, employee retention credit providers and tax advisers should understand that agreements to extend clients’ two-year deadline for challenging disallowances are not effective until the IRS countersigns, and implement an action plan to track filing deadlines and consider other proactive steps, says Michael Williams at CFOMW.

  • FTC IonQ Review Unearths A Divide In Vertical Merger Remedy

    Author Photo

    The Federal Trade Commission's recent split decision to close its investigation into the merger between IonQ and SkyWater Technology offers a candid window into how enforcers may approach vertical merger concerns after a string of difficult government cases, says Nicholas Cheolas at Wiley.

  • Series

    Taekwondo Makes Me A Better Lawyer

    Author Photo

    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties

    Author Photo

    In Drakes Landing v. Tilden Park, the Delaware Court of Chancery recently provided landmark guidance for directors of Delaware public benefit corporations on the fiduciary duties they owe, highlighting that change-of-control transactions may now be protected from challenge under the state's 2025 safe harbor amendments, say attorneys at Richards Layton.

  • Class Actions At The Circuit Courts: August Lessons

    Author Photo

    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses seven recent rulings from cases involving Class Action Fairness Act jurisdiction, appellate jurisdiction, attorney fees and employment rights.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Corporate archive.