The Delaware Chancery Court closed out 2025 amid a period of institutional uncertainty, as landmark cases addressing fiduciary duty, executive compensation, board oversight and the limits of equitable power unfolded against the backdrop of sweeping legislative changes to the Delaware General Corporation Law.
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WEDNESDAY, DECEMBER 24, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Top Delaware Chancery Cases Of 2025: A Year-End Report

By Jarek Rutz

The Delaware Chancery Court closed out 2025 amid a period of institutional uncertainty, as landmark cases addressing fiduciary duty, executive compensation, board oversight and the limits of equitable power unfolded against the backdrop of sweeping legislative changes to the Delaware General Corporation Law.

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Justices Urged To Spurn SG's Call To Tackle 'Skinny Labels'

By Ryan Davis

Amarin Pharma Inc. on Tuesday urged the U.S. Supreme Court to reject the U.S. solicitor general's call to hear a patent case involving generic drug "skinny labels," saying the dispute over the company's heart drug Vascepa deals with factual issues not suitable for high court review.

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Fed. Circ. Won't Let Delayed Review Doom Ford's PTAB Wins

By Dani Kass

The Patent Trial and Appeal Board was right to invalidate claims of three Massachusetts Institute of Technology fuel management patents during a challenge from Ford Motor Co., the Federal Circuit affirmed Tuesday.

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POLICY & REGULATION

DHS Ordered To Restore $233M Grants To 'Sanctuary' States

By Chris Villani

A Rhode Island federal judge ordered the Trump administration to reinstate $233 million in funding to immigration "sanctuary jurisdictions," finding the U.S. Department of Homeland Security had illegally terminated the grants for political reasons.

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OCC Wants To Preempt State Mortgage Escrow Interest Laws

By Hailey Konnath

The Office of the Comptroller of the Currency has unveiled a pair of proposals aiming to, among other things, preempt state laws requiring banks it regulates to make interest payments for escrow accounts connected to certain types of residential mortgage loans, calling it a "critical tool for reducing unnecessary burden."

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BANKRUPTCY COURT

Rent-To-Own Co. FlexShopper Hits Ch. 11 After Fraud Claims

By Alex Wittenberg

FlexShopper, a company offering lease-to-own services for appliances and electronics, has filed for Chapter 11 protection in the Delaware bankruptcy court, listing more than $100 million in debt and alleging its former CEO used forged documents to secure financing for the firm before its collapse.

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Hudson Hotel Debtors Seek To Recast 'Ground Lease'

By Jarek Rutz

The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.

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ROUNDUPS

Feature

State Telecom Roundup: AGs Step Up War On Robocalls

By Nadia Dreid

Americans have been pummeled by more than 2.5 billion robocalls every month this year, and stanching the onslaught has become one of the more bipartisan issues in national politics. Federal and state authorities also agree on the magnitude of the issue, and the nation's attorneys general are teaming up for battle across the country at the state level.

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LEGAL INDUSTRY

3 Key Trends For The Legal Industry In 2025

By Tracey Read

Executive orders, updated office attendance policies and private equity interests were three top issues that shaped the industry this year.

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ITC Atty's 1st Kids' Book Imagines A Santa-Less Christmas

By Dani Kass

Michelle Klancnik, assistant general counsel at the U.S. International Trade Commission, spends her days looking into when imports should be banned for violating intellectual property rights, but outside work, she​'s focused on one big question: What would happen if Santa took a year off?

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Ex-Oura CEO Pushes To DQ Quinn Emanuel In Firing Suit

By Emily Sawicki

The onetime CEO of fitness tracker company Oura Health is pushing to disqualify Quinn Emanuel from representing the smart ring maker in his compensation suit, telling a San Francisco federal judge that he shared confidential information when he consulted with the firm about his claims prior to filing suit.

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NYC Bar Issues Opinion On AI Use For Recording Client Calls

By Tracey Read

The New York City Bar Association's Professional Ethics Committee has issued an opinion addressing how the New York Rules of Professional Conduct impacts the use of artificial intelligence tools to record, transcribe and create summaries of conversations in audio and video calls between attorneys and their clients.

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Ex-DOJ Employees Fight Gov't Bid To Toss Their Firing Suit

By Bonnie Eslinger

An ex-assistant U.S. attorney and two other former Justice Department employees urged a Washington, D.C., federal court on Tuesday to deny the government's motion to dismiss their lawsuit claiming they were unlawfully fired, arguing an internal government employment board isn't appropriate for their cases and is controlled by President Donald Trump.

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Hub Hires: Cooley, Morgan Lewis, Nixon Peabody

By Chris Villani

The end of the year marked the beginning of new chapters for plenty of Boston attorneys, as Cooley added more than 30 professionals to its life sciences team, Morgan Lewis snagged an intellectual property partner, and Nixon Peabody beefed up its cybersecurity practice.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Adler & Stachenfeld

Alston & Bird

Arnall Golden

Burakiewicz & DePriest

Chipman Brown

Cooley LLP

Covington & Burling

DLA Piper

Dechert LLP

Duane Morris

Dynamis LLP

Foley & Lardner

Goodwin Procter

Hargrove Firm

Hogan Lovells

Holland & Knight

Jenner & Block

Kirkland & Ellis

Landis Rath

Latham & Watkins

Lowell & Associates

Mark S. Zaid PC

McDermott Will & Schulte

Milbank LLP

Morgan Lewis

Morris Nichols

Nixon Peabody

Paul Weiss

Perkins Coie

Quinn Emanuel

Shipman & Goodwin

Simpson Thacher & Bartlett LLP

Skadden Arps

Susman Godfrey

Willkie Farr

WilmerHale

Winston & Strawn

COMPANIES IN TODAY'S NEWS

Activision Blizzard Inc.

Alvarez & Marsal Holdings LLC

Amazon.com Inc.

Apple Inc.

BNP Paribas SA

Bandwidth Inc.

Bank of America Corp.

Ford Motor Co.

George Washington University

Grant Thornton LLP

Hikma Pharmaceuticals PLC

Inteliquent Inc.

Lumen Technologies Inc.

Massachusetts Institute of Technology

Microsoft Corp.

New York City Bar Association

Nike Inc.

Peerless Network Inc.

Stanford University

Tesla Inc.

The Boeing Co.

The Trade Desk Inc.

TripAdvisor Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Delaware Court of Chancery

Delaware General Assembly

Equal Employment Opportunity Commission

Executive Office of the President

Federal Communications Commission

Federal Emergency Management Agency

Food and Drug Administration

Internal Revenue Service

International Trade Commission

Missouri Attorney General's Office

Office of the Comptroller of the Currency

Patent Trial and Appeal Board

Social Security Administration

Tennessee Attorney General's Office

U.S. Attorney's Office

U.S. Attorney's Office for the District of Massachusetts

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Rhode Island

U.S. District Court for the Northern District of California

U.S. Merit Systems Protection Board

U.S. Patent and Trademark Office

U.S. Supreme Court