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TOP NEWS
SEC Walks Away From SolarWinds Data Breach Case
By Jessica Corso
The U.S. Securities and Exchange Commission announced Thursday that it was voluntarily dismissing a lawsuit accusing software developer SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards prior to suffering a massive data breach.
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POLICY & REGULATION
ENFORCEMENT
LITIGATION
Chancery Nixes Toss Of West Coast Diner Failure Suit
By Jeff Montgomery
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.
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PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
Roundup
UK Litigation Roundup: Here's What You Missed In London
By Laura Stewart Liberty
This past week in London has seen Clyde & Co. face a claim from Yorkshire firm GWB Harthills, a property developer previously investigated over suspected bribery and corruption sue the general counsel and solicitor to HM Revenue and Customs, and sportswear giant Gymshark bring an intellectual property claim against its co-founder's rival company, AYBL. Here, Law360 looks at these and other new claims in the U.K.
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Law360's Legal Lions Of The Week
By Kevin Penton
Kellogg Hansen Todd Figel & Frederick PLLC leads this week's edition of Law360 Legal Lions, after a D.C. federal judge rejected a Federal Trade Commission suit accusing Meta Platforms of illegally monopolizing social media through its purchases of WhatsApp and Instagram.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
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 put 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.
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