Corporate

  • November 21, 2025

    Chancery Keeps Fraud Suit Over Southern Trust Sale Alive

    A Delaware vice chancellor on Friday allowed the bulk of a fraud and contract suit tied to the sale of Southern Trust Insurance Co. to move forward, ruling that the buyer had adequately alleged a yearslong scheme to falsify financials and loot the Georgia insurer ahead of its $33.2 million acquisition.

  • November 21, 2025

    PBMs Say Gov't Benefits From Drug Rebates FTC Condemns

    Caremark Rx, Express Scripts and OptumRx have been given permission to seek documents they say will show the government benefits from the same type of prescription drug rebating activity that's being targeted by the Federal Trade Commission's insulin pricing case.

  • November 21, 2025

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    This week's edition of GC Cheat Sheet explores which top legal officers take home the most money and why. And the general counsel of SolarWinds Corp. can finally leave its data breach regulatory problems behind after the Securities and Exchange Commission dropped its unprecedented case against the company and its chief information security officer.

  • November 21, 2025

    Big 12 Atty Joins Southeastern Conf. As Legal Chief

    A longtime attorney for the Big 12 collegiate athletic conference has jumped to the Southeastern Conference to serve as its new legal leader.

  • November 21, 2025

    DLA Piper Adds Fenwick Emerging Growth, VC Expert In LA

    DLA Piper is boosting its corporate team, bringing in a Fenwick & West LLP venture capital ace as a partner in its Los Angeles office.

  • November 21, 2025

    Veolia Inks $3B US Waste Deal As Enviri Preps GC-Led Spinoff

    France's Veolia Environnement SA will buy Clean Earth from Philadelphia-based Enviri Corp. for $3.04 billion in cash, in a deal that will double Veolia's U.S. hazardous waste operations and create an Enviri spinoff headed by Enviri's general counsel, the companies said Friday.

  • November 21, 2025

    Full 6th Circ. Won't Rehear FirstEnergy Investors' Appeal

    The Sixth Circuit on Friday denied a request for a rehearing en banc of a ruling blocking FirstEnergy investors from accessing documents prepared by BigLaw firms investigating the company's $1 billion bribery scandal, after previously denying a panel rehearing and a motion for clarification on the ruling.

  • November 21, 2025

    1st Circ. Clears IT Co. In Suit Over Zoll Patient Data Breach

    An information technology company cannot be held liable for a data breach exposing the health information of patients of a unit of medical device maker Zoll Medical Corp, the First Circuit ruled, because the two companies did not have a business relationship permitting them to hold one responsible for another's conduct.

  • November 20, 2025

    Meta Will Pay $190M, Change Policies To End $8B Privacy Suit

    Meta Platforms Inc. has agreed to pay $190 million, as well as enhance its whistleblower program and implement a new code of conduct and insider trading policy, as part of a proposed settlement in an $8 billion privacy suit tied to the Cambridge Analytica scandal, according to several new filings Thursday.

  • November 20, 2025

    Starbucks Can't Dump Investors' 'Triple Shot' Strategy Suit

    Starbucks and its former CEO can't shed investor class action claims that the company harmed shareholders by concealing its struggles to implement a "reinvention plan," which came to light when the company disclosed that its sales were being harmed by longer waits for customized drinks in its U.S. stores and by fierce competition in China.

  • November 20, 2025

    Target Investors' Pride Month Merch Suit Shipped To Minn.

    A consolidated set of shareholder class actions against Target Corp. over its 2023 Pride Month marketing campaign has been relocated from Florida to Minnesota, where the company is headquartered.

  • November 20, 2025

    Invisalign-Maker's Sweetened $32M Antitrust Payout OK'd

    A California federal judge who previously rejected Invisalign-maker Align Technology's $27.5 million antitrust deal with SmileDirectClub buyers because it included a coupon program said Thursday he will approve a revised deal, which provides for an all-cash $31.75 million payout.

  • November 20, 2025

    Conn. Agency GC Tried To 'Mislead The Court,' Judge Says

    A Connecticut judge said Wednesday that he notified ethics officials after finding the general counsel of the state's utilities authority tried to mislead the court and opposing counsel over deleted text messages in a rate dispute with a pair of natural gas suppliers.

  • November 20, 2025

    UiPath Execs Want Derivative Suit Axed Over Board Demand

    The top brass of UiPath have hit back against a derivative suit in Delaware Chancery Court, arguing the plaintiff shareholder did not make a presuit demand on the company's board and that the complaint merely copies claims from a separate federal class action that was dismissed.

  • November 20, 2025

    Roblox Can't Get Teen Grooming Suit Arbitrated

    A California state judge said Roblox couldn't compel a minor to arbitrate his claims that he was targeted and exploited by a sexual predator on the online gaming platform, saying that a recent federal law aimed at ending forced arbitration in sexual assault and harassment cases isn't limited to workplaces.

  • November 20, 2025

    X Corp. Ends $90M Fee Suit Against Wachtell

    X Corp. has ended its California state lawsuit against Wachtell Lipton Rosen & Katz over $90 million in legal fees tied to the fight over Elon Musk's purchase of Twitter, according to a court filing.

  • November 20, 2025

    9th Circ. Urged To Revive Google Maps Antitrust Suit

    App makers urged the Ninth Circuit on Thursday to revive a proposed class action targeting Google's Maps product, arguing that the lower court erred in failing to accept at the pleading stage their antitrust arguments that Google's terms suppressed competition, allowing Google to increase developer costs up to 1,400%.

  • November 20, 2025

    NLRB Seeks To Stop Calif. Agency From Acting When It Can't

    The National Labor Relations Board has asked a California federal judge to block a new state law allowing the state's labor board to perform NLRB functions when the federal agency lacks a quorum, saying the NLRB will be irreparably harmed if the law is allowed to take effect in 2026.

  • November 20, 2025

    Thomson Reuters Balks At AI Co.'s Fair Use Appeal

    Thomson Reuters wants the Third Circuit to back a district court's decision that an artificial intelligence-powered legal search engine's use of Westlaw headnotes did not constitute fair use, saying the AI company "pilfered" copyrightable content to make a competing business.

  • November 20, 2025

    Bank Says Ex-Compliance Chief's Suit Belongs In Fla., Not NJ

    First National Bank of Pasco has urged a New Jersey federal judge to either toss a lawsuit its former chief compliance officer brought alleging he was fired without just cause or transfer it out of the state, arguing that any misconduct in question, if they occurred, were described to have taken place in Florida.

  • November 20, 2025

    Chancery Nixes Toss Of West Coast Diner Failure Suit

    Three fiduciaries of a now-shuttered Pacific states restaurant chain and its affiliates must face a claim in Delaware that they breached or aided breaches of fiduciary duties to the venture's Oregon-based affiliate, brought by an investor that pumped $18 million into the business, a vice chancellor ruled on Wednesday.

  • November 20, 2025

    Deal To End Twitter Ex-Workers' $500M Severance Suit Falters

    A tentative deal to end a proposed class action against X Corp. and Elon Musk alleging Twitter Inc. ex-workers are owed some $500 million in severance has hit a stumbling block, with attorneys representing individual ex-employees disputing how to proceed in federal court in dueling briefs.

  • November 20, 2025

    Musk Lied About Tesla To Fund Twitter Buy, 9th Circ. Told

    Tesla shareholders urged the Ninth Circuit Thursday to revive their allegations that Elon Musk lied about the capabilities and safety record of Tesla's self-driving technology, saying the district court erred in finding no evidence of fraudulent intent since the billionaire clearly needed to boost Tesla's share price to buy Twitter.

  • November 20, 2025

    Blue Shield Of California, Magellan Sued Over 'Ghost Network'

    Blue Shield of California and Magellan Health maintain a "ghost network" directory of mental health providers who don't exist or don't accept new patients, leading customers to hit a dead end or desperately resort to expensive out-of-network providers, according to a proposed class action filed Wednesday in California federal court. 

  • November 20, 2025

    Chancery Says $33M Nikola Deal 'More Than Fair'

    Delaware Chancellor Kathaleen St. J. McCormick granted final approval Thursday to a pair of settlements totaling more than $33 million, including more than $1.8 million in fees and expenses, resolving years of shareholder litigation tied to Nikola Corp.'s fraud-shadowed SPAC merger.

Expert Analysis

  • What To Do If A Retirement Plan Participant Is Deported

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    Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.

  • Why Foreign Cos. Should Prep For Increased SEC Oversight

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    With the recent trading suspensions of 10 foreign-based issuers listed on the Nasdaq, an enforcement action against a U.K. security-based swap dealer and the announcement of a cross-border task force, it's clear that the U.S. Securities and Exchange Commission will expand oversight on foreign companies participating in the U.S. capital markets, says Tejal Shah at Cooley.

  • How Litigating Antitrust Fix Helped GTCR Prevail In Court

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    An Illinois federal judge's recent denial of the Federal Trade Commission's injunction request in the GTCR acquisition of Surmodics joins a developing series of cases in which deal parties have prevailed against government antitrust challenges by proposing a post-complaint fix and litigating the as-amended deal, say attorneys at Paul Weiss.

  • Revisiting Jury Trial Right May Upend State Regulatory Power

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    Justice Neil Gorsuch’s recent use of a denial of certiorari to call for the U.S. Supreme Court to revisit whether the Seventh Amendment jury trial right extends to states, building off last year's Jarkesy ruling, could foretell a profound change in state regulators' ability to enforce penalties against regulated companies, say attorneys at Sidley.

  • How Nasdaq, SEC Proposals May Transform Listing Standards

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    Both Nasdaq and the U.S. Securities and Exchange Commission have increasingly focused their recent regulatory efforts on small and foreign issuers, particularly those from China, reflecting an intention to strengthen the overall quality of companies accessing U.S. markets, but also potentially introducing a chilling effect on certain issuers, say attorneys at Norton Rose.

  • New NCAA Betting Policy Fits Trend Of Eased Restrictions

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    Allowing NCAA student-athletes to bet on professional sports fits into a decade-long trend of treating college athletes more like adults in a commercial system, but decreasing player restrictions translates to increased compliance burdens for schools, say attorneys at Robins Kaplan.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • SEC Focused On Fraud As Actions Markedly Declined In 2025

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    The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • AI's Role In Google Antitrust Suit May Reshape Tech Markets

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    The evolution of AI in retail has reshaped the U.S.' antitrust case against Google, which could both benefit small business innovators and consumers, and fundamentally alter future antitrust cases, including the Federal Trade Commission's lawsuit against Amazon, says Graham Dufault at ACT.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • How The SEC May Overhaul Its Order Protection Rule

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    Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

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