Delaware's Supreme Court delivered a reminder to the state's corporation law ecosystem recently with a reversal of a Court of Chancery decision invalidating a 7-year-old stockholder agreement that granted broad corporate powers to investment bank Moelis & Co.'s founder.
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Analysis

The Message From Delaware Courts: Change Is Coming

By Jeff Montgomery

Delaware's Supreme Court delivered a reminder to the state's corporation law ecosystem recently with a reversal of a Court of Chancery decision invalidating a 7-year-old stockholder agreement that granted broad corporate powers to investment bank Moelis & Co.'s founder.

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Tesla Gets Del. Justices To Cut $100M From Investor Atty Fees

By Lauren Berg

The Delaware Supreme Court on Friday handed Tesla a win, reducing by roughly $100 million the attorney fees awarded to shareholder counsel as part of an excessive director compensation suit settlement, rejecting the lower court's fee calculation.

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Litigation Funder Suit Against Janus Henderson Can Proceed

By Ryan Boysen

A lawsuit that claims a Janus Henderson Group subsidiary schemed to take over a mass torts litigation funder can go forward, after a Delaware Chancery Court judge ruled the funder's case was compelling enough to survive a motion to dismiss.

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Dozens Of Cases Linking Zantac To Cancer Thrown Out

By Gianna Ferrarin

A Delaware state trial judge tossed over 200 cases by individuals alleging Boehringer Ingelheim's discontinued heartburn medication Zantac caused cancer, ruling the claims were time-barred.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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COURT OF CHANCERY

Food Co. Investor Sues For Board Meeting Amid Control Feud

By Jeff Montgomery

A shareholder of family-controlled, California-based food dehydration company Basic American Inc. sued in Delaware's Court of Chancery to compel an annual meeting of the business, alleging conflicted moves to delay a board vote and noting disagreements among family groups.

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Investor Opens Pair Of Hefty Share Appraisal Suits In Del.

By Jeff Montgomery

Two postdeal share appraisal suits centering on pro football's Hall of Fame and a major broadband service provider that recently sold for $1.5 billion landed in Delaware's Court of Chancery on Friday, both led by Quadre Investments managing partner Matthew Q. Giffuni.

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THIRD CIRCUIT

3rd Circ. Preview: Privacy Issues Top Feb. Argument Lineup

By P.J. D'Annunzio

Issues involving privacy feature prominently on the Third Circuit's February oral argument schedule, with panels set to hear a dispute regarding an optometry business's duty to protect private data belonging to third-party customers, and a case over whether the city of Philadelphia can be sued by a mother after a police officer shared images of her son's death from the scene where he committed suicide.

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3rd Circ. Backs ​​​​​​​'Modern Icarus' Conviction, Cuts Restitution

By Dorothy Atkins

The Third Circuit affirmed Friday the fraud and identify theft conviction of a former clean-energy company CEO who characterized himself as a "modern Icarus" in his appeal, but held that the lower court wrongly ordered him to pay $100,000 in victims' attorney fees in addition to $1.1 million in restitution.

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Post-Gazette Says Health Plan Order Contempt Bid Is Moot

By Matthew Santoni

The publisher of the Pittsburgh Post-Gazette says it is complying with a court order to put its newsroom employees back on a union-sponsored healthcare plan, so a request from the National Labor Relations Board to hold it in contempt is moot.

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DISTRICT COURT

Drugmakers Ask To Appeal Overarching Conspiracy Claim

By Lauren Berg

A group of pharmaceutical companies that failed to secure a pretrial win on an overarching conspiracy claim in a sprawling generic-drug antitrust enforcement action is asking a Connecticut federal judge to let them seek Second Circuit review, saying the ruling raises a novel legal issue.

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ROUNDUPS

Roundup

Real Estate Recap: Build-To-Rent, Apollo, Boston

By Real Estate Authority Staff

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including takeaways for the build-to-rent sector following a recent executive order on Wall Street investment in the single-family market, Apollo REIT's $9 billion portfolio sale, and a view of Boston from the chair of a BigLaw real estate practice.

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EXPERT ANALYSIS

4 Quick Emotional Resets For Lawyers With Conflict Fatigue

Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

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LEGAL INDUSTRY

FTC Warns 42 Law Firms Of DEI 'Anticompetitive Collusion'

By Sarah Jarvis

The Federal Trade Commission announced Friday that it has sent warning letters to 42 major law firms for their purported participation in an outside diversity, equity and inclusion program, alleging their participation could constitute anticompetitive collusion.

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Analysis

Real Estate Attys 'Not Going In Blind' Amid Data Center Boom

By Chris Villani

The explosion of artificial intelligence has created a sharp demand for new data centers with no signs of slowing down, posing challenges that have some real estate attorneys turning to well-worn playbooks from other industries.

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Susman Faces Suit After Ex-Client's Arbitration Loss

By Adam Lidgett

Susman Godfrey LLP and a litigation funding business were hit with a lawsuit in Texas state court by an Irish patent litigation business that is challenging the outcome of an arbitration proceeding putting it on the hook for more than $37.8 million.

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Attys Rip Judge-Shopping Sanctions As Bid To 'Rewrite' Rules

By Jake Maher

Two Alabama attorneys who were sanctioned for allegedly judge shopping in a civil rights case urged the Eleventh Circuit to toss the sanctions Friday, arguing the judges accusing them were seeking to "rewrite" the Federal Rules of Civil Procedure.

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Brief

Bill Regulating Attorney AI Use Passes California Senate

By Emily Sawicki

A proposed California law that would regulate attorneys and arbitrators' use of generative artificial intelligence statewide has headed to the Assembly after the state Senate unanimously approved the measure.

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Colo. Firm Hit With Proposed Class Action Over Data Breach

By Rachel Konieczny

A Colorado law firm failed to properly care for the personal information of clients and their customers and did not provide adequate notice of a February 2025 data breach, according to a proposed class action in state court.

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House To Vote On Reform Of Court Nondisclosure Orders

By Courtney Bublé

Sen. Lindsey Graham, R-S.C., fumed at the House on Friday for trying to undo a provision that allows him and other senators investigated by special counsel Jack Smith to sue for damages and held up the government funding vote as a result. But a bill the House is poised to take up next week could alleviate some of his concerns.

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9th Circ. Says DOJ Can Withhold VW Grand Jury Records

By Emily Field

The Ninth Circuit on Friday held that the U.S. Department of Justice couldn't be forced to hand over about 6 million Volkswagen documents that were part of a Jones Day investigation into the automaker's 2015 emissions-cheating scandal, as the government obtained them through a grand jury subpoena.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London saw collapsed solar bonds company Rockfire Capital sue the Royal Bank of Scotland, e-ticket platform Eventbrite target the owners of Salford Red Devils rugby club over an alleged contract breach, and Scottish distiller William Grant & Sons square off against a former MP in a trademark tussle tied to its Glenfiddich whisky. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

When Minnesota-based companies publicly called for de-escalation after two fatal shootings by federal ICE agents, the nation saw how CEOs and their general counsel can step up amid controversy. And a new study shows that white collar offenders received more than half of all recent pardons. These are some of the stories in corporate legal news you may have missed in the past week.

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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. Circuit panel revived a lawsuit that accuses pharmaceutical companies of aiding a Hezbollah-linked militia's terrorism in Iraq.

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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.

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Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Abrams & Bayliss

Addleshaw Goddard

Advisors LLC

Akerman LLP

Allen Matkins

Alston & Bird

Alston Asquith

Arnold & Itkin

Arnold & Porter

Bailey & Glasser

Baker & Hostetler

Baker Botts

Baker McKenzie

Bayard PA

Bleichmar Fonti

Bowman & Brooke

Bradley Arant

CJ Jones Solicitors

CMS Cameron McKenna

Charhon Callahan

Christensen Law LLC

Clifford Chance

Clyde & Co

Collins Price

Competition Law Partners

Conaway Legal LLC

Cooley LLP

Covington & Burling

Cravath Swaine

DAC Beachcroft

DLA Piper

DWF LLP

Davis Malm & D’Agostine

Davis Polk

Day Pitney

Debevoise & Plimpton

Dechert LLP

Dentons

Dominick Feld

Faegre Drinker

Fields Kupka

Finnegan

Foley & Lardner

Fox Rothschild

Fried Frank

Gibson Dunn

Goodwin Procter

Gordon Rees

Greenberg Traurig

Hogan Lovells

Holland & Knight

Husch Blackwell

JCP Solicitors

Jackson Lewis PC

Jeffer Mangels

Jones Day

Jubelirer Pass

K&L Gates

Kaplan & Grady

Kasowitz LLP

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Knights PLC

Kuit Steinart

Labaton Keller

Latham & Watkins

Law Offices of David W. Klasing

Leach & Walker

Lester Aldridge

Lewis Brisbois

Lightfoot Franklin

Littler Mendelson

Mayer Brown

Maynard Nexsen

McDermott Will & Schulte

McGuireWoods

Milberg Coleman

Mills & Reeve

Montgomery Little

Moore Law Group PC

Morgan Lewis

Morris Nichols

Nabarro LLP

Nelson Mullins

O'Kelly & O'Rourke

Ogletree Deakins

Orrick Herrington

Pashman Stein

Paul Hastings

Paul Weiss

Perkins Coie

Polsinelli PC

Potter Anderson

Proskauer Rose

Pulaski Kherkher

Reed Smith

Rhoades & Morrow

Richards Layton

Ropes & Gray

Russell-Cooke

Shakespeare Martineau

Sheppard Mullin

Shook Hardy

Sidley Austin

Signature Litigation LLP

Skadden Arps

Smith Gambrell

Sperling Kenny

Sullivan & Cromwell

Susman Godfrey

Swartz Campbell

Taylor Wessing

Troutman

White & Case

Wiggin & Dana

WilmerHale

Wilson Elser

Wilson Sonsini

Winston & Strawn

Wisner Baum

COMPANIES IN TODAY'S NEWS

3M Co.

Allergan PLC

Amazon.com Inc.

American Federation of Labor & Congress of Industrial Organizations

Amneal Pharmaceuticals Inc.

Apollo Commercial Real Estate

Apollo Global Management LLC

Arxada

Ashland Inc.

Association of Corporate Counsel

AstraZeneca PLC

Aurobindo Pharma Ltd.

Avison Young Inc.

B. Riley Financial Inc.

Baker Hughes Co.

Bank of Cyprus Holdings PLC

Barclays PLC

Bauer Inc.

Berkshire Hathaway Energy GT&S

Blackstone Inc.

Boehringer Ingelheim Corp.

Boehringer Ingelheim Vetmedica Inc.

Brandywine Realty Trust

Burke Inc.

Cargill Inc.

Cisco Systems Inc.

Comcast Corp.

Communications Workers of America

Convex Insurance UK Ltd.

Crestview Partners L.P.

Dollar Tree Inc.

ESPN Inc.

Endeavor Operating Company LLC

Eventbrite Inc.

Express Scripts Holding Co.

F. Hoffmann-La Roche Ltd.

FTI Consulting Inc.

Federal National Mortgage Association

Financial Industry Regulatory Authority Inc.

GE HealthCare Technologies Inc.

Google LLC

HDI Global SE

HSBC Holdings PLC

Hulu LLC

Insurance Europe Ltd.

Investments Ltd.

Irradiant Partners

Janus Henderson Group PLC

Johnson & Johnson

LTC Properties Inc.

Lambda Legal Defense & Educational Fund

Leidos Holdings Inc.

LinkedIn Corp.

Lloyds Bank PLC

Longford Capital Management LP

Lupin Ltd.

Match.com Inc.

McDonald's Corp.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Metropolitan Partners Group Management LLC

Moelis & Co.

National Westminster Bank PLC

Novo Nordisk A S

Nuveen LLC

Oxford University Press Ltd.

Paramount Global

Patheon Inc.

Perrigo Co. PLC

Pfizer Inc.

Phoenix Investors

Rialto Capital Management LLC

Rocket Cos.

Rocket Mortgage LLC

Sandoz International GmbH

SentencingStats.com Inc.

Space Exploration Technologies Corp.

Stanford University

Sun Pharmaceutical Industries Ltd.

Target Corp.

Tesla Inc.

The Newspaper Guild

The Royal Bank of Scotland Group PLC

The UPS Store

The Walt Disney Co.

TikTok Inc.

U.S. Vision Inc.

United Parcel Service Inc.

University of Arkansas

University of Iowa

Viatris Inc.

Victory Park Capital Advisors LLC

Vinci SA

Volkswagen AG

Vornado Realty Trust

WideOpenWest Finance LLC

William Grant & Sons Ltd.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Alabama Attorney General's Office

California Air Resources Board

Companies House

Delaware Court of Chancery

Federal Trade Commission

Food and Drug Administration

National Archives and Records Administration

National Labor Relations Board

Serious Fraud Office

U.S. Attorney's Office for the Middle District of Alabama

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Middle District of Pennsylvania

U.S. Environmental Protection Agency

U.S. Immigration and Customs Enforcement

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

United States District Court for the District of Colorado