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Corporate
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November 24, 2025
Chancery Delays Settlement Ruling In Peloton Risk Suit
Saying she wants to "get it right," Delaware's chancellor indicated on Monday she would rule before year's end on the Court of Chancery's part in a proposed multicourt settlement of derivative claims accusing Peloton's top officials of cashing in on inside information about an impending treadmill recall.
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November 24, 2025
IRS Ticket Tax Fails After Loper Bright, 6th Circ. Told
The Internal Revenue Service no longer has the discretion to apply a 7.5% ticket tax on membership fees collected by a private jet-sharing operator, the company told the Sixth Circuit, citing the U.S. Supreme Court's landmark decision in Loper Bright.
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November 24, 2025
Hi-Tech Pharma CEO Beats Most Of Feds' Fraud Case
A Georgia federal jury acquitted Hi-Tech Pharmaceuticals' chief executive on the bulk of the conspiracy, fraud and money laundering charges leveled against him, rejecting allegations that he cheated his customers by drawing up bogus quality certificates.
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November 24, 2025
Staffing Co., Colo. Ink $400K Deal In Worker Classification Suit
An app-based staffing company and its affiliate will pay $400,000 after Colorado officials determined it misclassified workers as independent contractors and failed to pay the proper unemployment insurance premiums, the state announced Monday.
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November 24, 2025
FTC Abandons In-House GTCR Merger Case After Court Loss
The Federal Trade Commission formally dropped its administrative case challenging GTCR BC Holdings LLC's acquisition of a medical coatings supplier after an Illinois federal judge refused to put the deal on hold.
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November 24, 2025
Venable Adds Ex-Benesch Partner To Chicago Office
An attorney with more than 20 years of experience representing clients in complex investments and transactions has moved his practice to Venable LLP's Chicago office after two years with Benesch Friedlander Coplan & Aronoff LLP.
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November 24, 2025
Penn State Says Ex-Trustee Posted Damning Letter First
The Pennsylvania State University sought to dismiss a former trustee's lawsuit over alleged retaliation for his investigating fees it paid and its finances, arguing in part that a letter he claimed had defamed him was one he had first made public himself.
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November 24, 2025
Google Calls Rumble's Recusal Bid Irrelevant To Its Appeal
Google is urging the Ninth Circuit to disregard concerns Rumble has raised about the trial judge's relationship with the tech giant's litigation vice president, saying Friday that the information is irrelevant to the YouTube rival's appeal of the court's ruling that its antitrust lawsuit was filed too late.
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November 24, 2025
Guam Bill Would Create Amnesty Program For Overdue Taxes
Guam would establish an amnesty program to provide for the waiver of penalties and interest on delinquent corporate and individual income taxes, property taxes and other outstanding tax liabilities under a bill introduced in its unicameral Legislature.
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November 24, 2025
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorney fee awards in Delaware's influential corporate forum.
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November 24, 2025
Justices Skip Appeal Challenging Denial Of Color TM
The U.S. Supreme Court on Monday declined an appeal from a medical supply company challenging a Federal Circuit ruling that rejected its bid to register a color trademark for dark green surgical gloves.
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November 21, 2025
Ex-Google CEO Accused Of Sex Assault, Cyberstalking
A woman who says she dated former Google CEO Eric Schmidt has accused him of sexually assaulting her, stealing her businesses and surveilling her devices via a "backdoor" he built with Google engineers to covertly spy on employees, according to a complaint she's trying to file in California state court.
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November 21, 2025
Google Calls Rumble's Judge Recusal Bid 'Cynical Maneuver'
Google argued Friday that a California federal judge need not recuse himself from YouTube rival Rumble's antitrust suit despite his friendship with Google's top in-house litigation chief, saying Rumble's push for the recusal was a "cynical maneuver" for its Ninth Circuit appeal of a summary judgment loss.
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November 21, 2025
Lemon Law Attys Urge Court To Kill Ford's 'Chilling' RICO Suit
Attorneys representing three lemon law firms urged a California federal judge Friday to dismiss a racketeering suit Ford Motor Co. brought against them alleging they engaged in fraudulent billing practices, with one saying the "chilling" litigation could open every lawsuit to similar claims.
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November 21, 2025
Employment Authority: States Amp Up Worker Advocacy Units
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on why some Democratic states are bolstering workers' rights units to defend against wage theft under Trump's presidency, how a forthcoming Eleventh Circuit ruling could clarify disparate impact legal standards and how a recent Third Circuit ruling highlights the drawn-out efficacy of National Labor Relations Board rulings.
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November 21, 2025
Ex-DOGE Atty Tapped As GC Of Elon Musk's AI Startup
James Burnham has been named general counsel for Elon Musk's artificial intelligence startup company, xAI, after spending six months working as the top legal officer for the Trump administration's Department of Government Efficiency.
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November 21, 2025
Telecom Giants Say Dish Can't Back Out Of Contracts
Dozens of telecommunication companies have filed a lawsuit in Colorado federal court against Dish Wireless seeking a declaratory judgment that the Colorado-based carrier is not excused from its contracts with the companies to build a nationwide 5G network after Dish's parent company EchoStar announced sales of its spectrum licenses.
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November 21, 2025
Amazon Secures 1st Deal In Suit Targeting 'Refund Abuse'
Amazon will be off-limits for five years to an accused fraudster who allegedly took advantage of a "refund abuse" scam that manipulated the company's return process to allow him to receive refunds for products without actually returning the goods, according to a settlement agreement approved Friday by a Seattle federal judge.
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November 21, 2025
IP Notebook: Kahwa Mix-Up, WallStreetBets, Hotel California
This round of Law360's look at emerging copyright and trademark issues includes a Federal Circuit case over an obscure tea drink and a nod to the Eagles' "Hotel California" in a precedential decision that is a primer on having an actual intent to use a trademark.
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November 21, 2025
Real Estate Recap: REIT Reporting, Defining Water
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including reactions from real estate attorneys in two areas primed for deregulation.
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November 21, 2025
OpenAI Tells 9th Circ. TM Injunction Is 'Based On Guesses'
OpenAI Inc. urged the Ninth Circuit on Friday to scrap a preliminary injunction won by IYO Inc. which blocks OpenAI from using the trademark associated with acquired competitor IO Products Inc., arguing there is no evidence that IYO faces irreparable harm and the injunction is "based on guesses" about OpenAI's future products.
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November 21, 2025
Florida Sues ISS, Glass Lewis Over ESG Advice
The state of Florida is suing Institutional Shareholder Services Inc. and Glass Lewis & Co. LLC, alleging that the proxy advisory firms are abusing their dominant place in the market by promoting ideological and environmental causes "at the expense of traditional metrics of financial growth."
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November 21, 2025
Writers Accuse Databricks Of Deposition Misconduct In AI Suit
Writers suing Databricks for allegedly using their copyrighted works for artificial intelligence training have urged a California federal judge to order defense attorneys to stop coaching witnesses during depositions, with defense counsel countering that the court should bar plaintiffs from asking "personally invasive and harassing" questions.
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November 21, 2025
Chancery Tosses Suit, $32.7M Bitcoin Co. Insurance Claim
A bitcoin mining support venture on Friday lost a Delaware Court of Chancery suit seeking damages tied to allegations it was misled by an insurer's purported promises to pay out up to $32.7 million in customer returns on nearly $7 million in investments.
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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.
Expert Analysis
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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FTC Actions Highlight New Noncompete Enforcement Strategy
Several recent noncompete-related actions from the Federal Trade Commission — including its recent dismissal of cases appealing the vacatur of a Biden-era noncompete ban — reflect the commission's shift toward case-by-case enforcement, while confirming that the agency intends to remain active in policing such agreements, say attorneys at Debevoise.
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Opinion
Congress Must Resolve PSLRA Issue For Section 11 Litigants
By establishing a uniform judgment reduction credit for all defendants in cases involving Section 11 of the Securities Act, Congress could remove unnecessary statutory ambiguity from the Private Securities Litigation Reform Act and enable litigants to price potential settlements with greater certainty, say attorneys at Sidley.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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Sweeping US Tax And Spending Bill May Bolster PE Returns
The One Big Beautiful Bill Act stands to benefit private equity sponsors and their investors as it alters existing law, including at the portfolio company level, making it crucial to reevaluate historic tax planning and optimize for the new tax regime, say attorneys at Paul Hastings.
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Resilience Planning Is New Key To Corporate Sustainability
While the current wave of deregulation may reduce government enforcement related to climate issues, businesses still need to evaluate how climate volatility may affect their operations and create new legal risks — making the apolitical concept of resilience increasingly important for companies, says J. Michael Showalter at ArentFox Schiff.
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Parsing Trump Admin's First 6 Months Of SEC Enforcement
The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.
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HSR Compliance Remains A Priority From Biden To Trump
Several new enforcement actions from the Federal Trade Commission and the U.S. Department of Justice illustrate that rigorous attention to Hart-Scott-Rodino Act compliance has become a critical component of the U.S. merger review process, even amid the political transition from the Biden to Trump administrations, say attorneys at Baker McKenzie.
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Cos. Face EU, US Regulatory Tension On Many Fronts
When the European Union sets stringent standards, companies seeking to operate in the international marketplace must conform to them, or else concede opportunities — but with the current U.S. administration pushing hard to roll back regulations, global companies face an increasing tension over which standards to follow, say attorneys at Baker McKenzie.
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FDA Transparency Plans Raise Investor Disclosure Red Flags
The U.S. Food and Drug Administration’s recently announced intent to publish complete response letters for unapproved drugs and devices implicates certain investor disclosure requirements under securities laws, making it necessary for life sciences and biotech companies to adopt robust controls going forward, say attorneys at Arnold & Porter.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
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Opportunity Zone's Future Corp. Tax Benefits Still Uncertain
Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.
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SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'
The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.
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DOJ's New Initiative Puts Title IX Compliance In Spotlight
Following the federal government's recent guidance regarding enhanced enforcement of discrimination on the basis of sex, organizations should evaluate whether they fall under the aegis of Title IX's scope, which is broader than many realize, and assess discrimination prevention opportunities, say attorneys at Foley & Lardner.
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Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.