President Donald Trump on Friday called on the U.S. Securities and Exchange Commission to study ending quarterly reporting requirements for public companies and switch to a six-month system in order to cut costs and spur growth, a major policy shift that experts say would likely be embraced by many businesses but resisted by investors.
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TOP NEWS

Analysis

Trump Call For SEC To Study Reporting Rules Sparks Debate

President Donald Trump on Friday called on the U.S. Securities and Exchange Commission to study ending quarterly reporting requirements for public companies and switch to a six-month system in order to cut costs and spur growth, a major policy shift that experts say would likely be embraced by many businesses but resisted by investors. Read full article »

Feature

GC Cheat Sheet: The Hottest Corporate News Of The Week

The Sixth Circuit ruled the Fair Labor Standards Act doesn’t on its own thwart arbitration agreements, consumer groups fought back against industry attempts to amend a hastily enacted landmark privacy law in California and British police warned of an increase in cryptocurrency fraud. These are some of the stories in corporate legal news you may have missed in the past week.​ Read full article »

Disney May Not Be Magical For Autistic Guests: 11th Circ.

The Eleventh Circuit revived 30 consolidated lawsuits alleging Walt Disney Parks and Resorts U.S. Inc. fails to properly accommodate guests with autism by making them wait for rides, ruling Friday that a bench trial should decide whether those visitors have access to the same experience as nonautistic patrons. Read full article »

Analysis

Mass. Noncompete Law Overhaul Not As Strict As It Seems

Massachusetts employers may easily work around newly rewritten state noncompete laws by using escape clauses in the legislation or by turning to nonsolicitation agreements, corporate counsel monitoring the legislation told Law360. Read full article »

POLICY & REGULATION

Analysis

Facebook, Google Could Be Wild Cards In Privacy Law Fight

Federal lawmakers have struggled for years to enact uniform online data security rules, but now once-unthinkable support from tech giants like Facebook and Google and shifting consumer attitudes are signaling a chance for momentous change, attorneys say. Read full article »

LITIGATION

HUD Claims Facebook's Housing Ads Are Discriminatory

The U.S. Department of Housing and Urban Development has hit Facebook Inc. with an administrative complaint that accuses the social media giant of using discriminatory advertising practices to target home buyers, according to New York federal court documents filed Friday in a related lawsuit. Read full article »

DOL Urges 2nd Circ. To Revive PwC Retirees' ERISA Fight

The U.S. Department of Labor threw its support behind a class of former PricewaterhouseCoopers LLP employees attempting to revive their Employee Retirement Income Security Act claims against the company at the Second Circuit, arguing that there were remedies for the retirees under the statute. Read full article »

NLRB Dems Fight Post-Epic Review Of Wage Suit Ruling

Republican members of the National Labor Relations Board have wiped out an April ruling that a Texas restaurant group illegally fired a worker who brought a wage suit against it, drawing objections from the board’s Democrats. Read full article »

Retailers Can't Escape Duracell's TM Suit, Judge Says

An Illinois federal judge has greenlighted Duracell's trademark suit against retailers alleging that they unlawfully sell its batteries that are not approved for sale in the U.S., finding that the nation's largest battery brand showed that the sale of "gray market" batteries would likely cause confusion among consumers. Read full article »

Brand Battles: Hershey, Unilever, 'Game of Thrones,' NFL

In Law360's latest roundup of new actions at the Trademark Trial and Appeal Board, Hershey and Unilever try to break the "Ice," HBO tries to burn an application for a mythical dragon word from "Game of Thrones," and the NFL's New Orleans Saints defend the city's area code. Read full article »

EXPERT ANALYSIS

Plan Sponsors Should Consider Pension De-Risking

For some plan sponsors, the prospect of engaging in a pension risk transfer may seem cost-prohibitive. However, the cost of transferring risk is lower than what many sponsors perceive, says Elliott Dinkin of Cowden Associates Inc.  Read full article »

Series

Judging A Book: Lipez Reviews 'Last Great Colonial Lawyer'

In his new book, "The Last Great Colonial Lawyer: The Life and Legacy of Jeremiah Gridley," Charles McKirdy argues that Gridley — someone I had never heard of — was the last great colonial lawyer, and that his cases illuminate his times. The author largely substantiates both claims, says First Circuit Judge Kermit Lipez. Read full article »

LEGAL INDUSTRY

Analysis

Despite Abuse Horrors, Attys Feel Duty To Defend The Church

Despite horrific details in a recently unveiled grand jury report about sexual abuse suffered by more than a thousand victims at the hands of Catholic clergy in Pennsylvania, attorneys who have represented the church say that public scorn hasn't swayed them from their duty to provide a vigorous defense. Read full article »

Feature

3rd Circ. Oral Argument Dip Troubling, Chief Judge Says

The Third Circuit appellate bar is trying to reverse a troubling decline in oral arguments before its panels, which its Chief Judge D. Brooks Smith in an exclusive interview with Law360 says could have been brought on by a "stunning" increase in pro se filings he traces to the Great Recession of the late aughts. Read full article »

Quinn Emanuel Says Ex-Partners Can't Duck Fee Arbitration

Quinn Emanuel Urquhart & Sullivan LLP reiterated on Thursday in New York court that its former partners who launched Selendy & Gay PLLC cannot escape arbitrating a dispute over a clause in their partnership agreement requiring them to remit fees earned from clients they took to their new firm. Read full article »

Stinson Leonard Grows In St. Louis With IP Boutique Tie-Up

Stinson Leonard Street LLP continued its expansion streak Thursday, announcing plans to acquire 28-strong St. Louis intellectual property boutique Senniger Powers LLP, following up on two new office openings earlier this year. Read full article »

3 Reasons Attys Should Learn A Foreign Language

Becoming fluent in a foreign language may seem daunting, but the challenge can offer big rewards, including career opportunities and personal satisfaction, for attorneys willing to take it on. Here, Law360 looks at three reasons why lawyers should learn languages other than their own. Read full article »

In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week. Read full article »

Podcast

Podcast

Law360's Pro Say: Disabled Attys Fight For A Place In BigLaw

The legal profession can be a lonely place for attorneys with disabilities. They are often overlooked in diversity discussions, and may feel pressure to downplay their disability out of fear of facing bias and stigma. On this week's Pro Say podcast, we dive into these challenges and highlight how disabled attorneys are fighting for their place in the law.  Read full article »

Kavanaugh Will Meet With Top Senate Opponent

U.S. Supreme Court nominee Brett Kavanaugh will come face-to-face with his opposition Monday as he sits down with Sen. Dianne Feinstein, D-Calif., the ranking member of the Senate Judiciary Committee and the lawmaker leading the fight against his confirmation. Read full article »

Ex-Clerk Says NY Courts Protected Judge Who Harassed Her

A former law clerk has accused the New York state judicial system of covering up for a judge who she says sexually harassed her, allegations she made in a suit filed in federal court against the jurist and 16 other judges, administrators and attorneys. Read full article »

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LAW FIRMS

Anderson Kill

Arias Sanguinetti

Arnold & Porter

Baker Botts

Baker McKenzie

Bartlit Beck

Boies Schiller

Bracewell

Bredhoff & Kaiser

Butler Rubin

Cohen Seglias

DLA Piper

Drumm Law

Emery Celli

Fenwick & West

Fish & Richardson

Fox Rothschild

Gibson Dunn

Goodwin

Greenberg Glusker

Greenberg Traurig

Hogan Lovells

Honigman Miller

Hughes Hubbard

Johnson & Bell

Kirkland & Ellis

Kleinbard LLC

Kline & Specter

Lackey Hershman

Latham & Watkins

Littler Mendelson

Mayer Brown

McDermott Will

Meyer Darragh

Mintz Levin

Mirick O'Connell

Monty & Ramirez

Morgan Lewis

Munger Tolles

Neville Peterson

Olshan Frome Wolosky

Peterson Russell

Proskauer Rose

Quinn Buseck

Quinn Emanuel

Reed Smith

Robins Kaplan

Saul Ewing

Selendy & Gay

Senniger Powers

Seyfarth Shaw

Sheppard Mullin

Sichenzia Ross

Sidley Austin

Stinson Leonard

Stradley Ronon

Sullivan & Worcester

Vladeck Raskin

Vorys Sater

White and Williams

Williams & Connolly

Willkie Farr

WilmerHale

COMPANIES

Airbnb Inc.

American Bar Association

American Civil Liberties Union

Apple Inc.

Archdiocese of Washington

Berkshire Hathaway Inc.

CBOE Holdings Inc.

Cigna Corp.

Consumer Federation of America

Duracell Inc.

Electronic Frontier Foundation

Electronic Privacy Information Center

Epic Systems Corp.

Facebook

General Motors

GoPro Inc.

Google Inc.

HSBC Holdings PLC

Home Box Office Inc.

JPMorgan Chase & Co.

Kelly Services, Inc.

Microsoft Corporation

Monsanto Co.

NBCUniversal Inc.

NFL Enterprises LLC

National Fair Housing Alliance

New Orleans Saints

New York University

Nintendo Co. Ltd.

PricewaterhouseCoopers

Quicken Loans Inc.

Robert Half International Inc.

SIFMA

State Bar of California

The American Law Institute

The ERISA Industry Committee

The Hershey Company

The Internet Association

The Walt Disney Co.

Twitter Inc.

Unilever Plc

Villanova University

Walt Disney Parks & Resorts Worldwide Inc.

WeWork LLC

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Judicial Conference of the United States

Massachusetts Legislature

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