A Grant & Eisenhofer PA principal has challenged Coinbase Global Inc.'s continued limiting of public disclosures in a Delaware Court of Chancery suit alleging insider trading ahead of a stock plunge, after the company told the U.S. Securities and Exchange Commission Wednesday it will recharter in Texas.
Law360
Delaware
SUNDAY, NOVEMBER 16, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Coinbase Counsel's DExit Letter Triggers Class Atty Pushback

By Jeff Montgomery

A Grant & Eisenhofer PA principal has challenged Coinbase Global Inc.'s continued limiting of public disclosures in a Delaware Court of Chancery suit alleging insider trading ahead of a stock plunge, after the company told the U.S. Securities and Exchange Commission Wednesday it will recharter in Texas.

3 documents attached | Read full article » | Save to favorites »

Chancery Presses Fox, Investors To End Discovery Fight

By Jarek Rutz

The Delaware Chancery Court pressed Fox Corp. and a coalition of public pension plaintiffs Thursday to break a stalemate over the scope of summary judgment discovery, signaling neither side will be allowed to bottleneck the consequential inquiry into director Jacques Nasser's independence from Fox founder Rupert Murdoch.

Read full article » | Save to favorites »

Del. US Atty Tapped For Acting Role After Interim Term Expires

By Jake Maher

Delaware's former interim U.S. attorney has been appointed acting U.S. attorney after the district court declined to keep her as the top federal prosecutor in the First State when her term expired.

Read full article » | Save to favorites »

Wachtell-Led Pfizer Closes Metsera Deal Worth Up To $10B

By Al Barbarino

Pfizer Inc. said Thursday that it has successfully completed its acquisition of Metsera Inc., securing the obesity drug developer after a tumultuous bidding war with Novo Nordisk and court fights that redirected the deal in Pfizer's favor.

Read full article » | Save to favorites »

POLICY & REGULATION

Gov't Funding Deal Ends SNAP Benefits Battle

By Matthew Santoni

President Donald Trump's signing of a government funding bill Wednesday rendered moot lawsuits seeking to make his administration tap emergency funds for food assistance benefits, the administration told the U.S. Supreme Court on Thursday.

Letter attached | Read full article » | Save to favorites »

COURT OF CHANCERY

EngageSmart Deal 'Screams' Disclosure Failures, Atty Says

By Jeff Montgomery

The record surrounding payment venture EngageSmart Inc.'s $4 billion take-private sale to affiliates of Vista Equity Partners LLC "screams" transparency shortfalls on the part of company directors and others, an attorney for stockholders who challenged the deal in Delaware's Court of Chancery told a vice chancellor on Thursday.

Brief attached | Read full article » | Save to favorites »

Mining Co. Digs At Friend Turned Foe In $7.38B Citgo Battle

By Jarek Rutz

A Bermuda mining company has sued a Canadian counterpart in the Delaware Chancery Court for allegedly using insider information from a confidential bidding alliance to switch sides in a court-run auction of Citgo Petroleum's parent company.

3 documents attached | Read full article » | Save to favorites »

BANKRUPTCY COURT

Silvergate Bank Parent Gets OK For Ch. 11 Plan

By Rick Archer

A Delaware bankruptcy judge on Thursday approved the Chapter 11 plan of the parent company of failed cryptocurrency-focused Silvergate Bank after hearing the company had resolved all objections to the proposal.

Read full article » | Save to favorites »

THIRD CIRCUIT

3rd Circ. Says Quest Didn't Eavesdrop In Data Privacy Suit

By P.J. D'Annunzio

The Third Circuit on Thursday upheld a win for Quest Diagnostics, which beat a class action alleging it inappropriately shared patient data with Meta Platforms through ad tracking software on its website, with the court reasoning that information was not unlawfully collected because it wasn't obtained through eavesdropping.

Opinion attached | Read full article » | Save to favorites »

DISTRICT COURT

Efforts To DQ Judge In Venezuelan Debt Case Come Up Short

By Caroline Simson

A federal judge on Thursday denied efforts to unseat him and the court-appointed special master overseeing the sale of Citgo's parent company to satisfy billions of dollars in Venezuelan debt, ruling that the motions are both procedurally defective and unmeritorious.

Order attached | Read full article » | Save to favorites »

Car Shipping Co. Keeps Most Of Trade Secret Case Intact

By Adam Lidgett

A company that ships vehicles across the country was able to keep intact most of a lawsuit in Delaware federal court accusing a competitor founded by its former employees of poaching customers and swiping trade secrets.

Opinion attached | Read full article » | Save to favorites »

EXPERT ANALYSIS

Series

Building With Lego Makes Me A Better Lawyer

Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

Read full article » | Save to favorites »

LEGAL INDUSTRY

New California Bar Leader Aims To Rebuild Public Trust

By Tracey Read

After less than two weeks on the job, Laura Enderton-Speed, the California State Bar's new executive director, is already busy working to strengthen trust in the organization following the botched administration of the February bar exam.

Read full article » | Save to favorites »

Roundup

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

By Laura Stewart Liberty

This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.  

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Experts say it will likely take at least a month for the thousands of SEC employees now back to work after the government shutdown to catch up with submissions for initial public offerings. Meanwhile, clean energy developers are increasingly looking to privately held investors amid a race to beat a July 2026 cutoff to maintain eligibility for clean electricity investment and production tax credits. These are some of the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

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 » | Save to favorites »

Buchalter Won't Be Sanctioned For 'Hallucinated' AI Citations

By Rose Krebs

An Oregon federal judge has decided not to sanction Buchalter PC and other counsel representing an environmental nonprofit in a trademark infringement dispute for submitting "hallucinated" case citations generated by an artificial intelligence tool, saying he is satisfied with "remedial actions" already done or to be taken.

3 documents attached | Read full article » | Save to favorites »

King & Spalding, Atty Move To End Bias Suit At 4th Circ.

By Grace Elletson

King & Spalding LLP and an attorney who complained that she didn't apply to a summer associate program as a straight, white woman because the firm sought diverse applicants have agreed to end her bias case, according to a filing in the Fourth Circuit.

1 document attached | Read full article » | Save to favorites »

Manning Kass Hit With Age Bias Suit In Calif.

By Christine DeRosa

Manning & Kass Ellrod Ramirez Trester LLP is facing an age bias lawsuit in California state court alleging a firm leader has made ageist comments at employees over 40 and is trying to drive those workers out of the firm.

Complaint attached | Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Sidley Austin LLP and Orrick Herrington & Sutcliffe LLP lead this week's edition of Law360 Legal Lions, after a Washington federal jury cleared Novo Nordisk of allegations that it defrauded the state's Medicaid and Medicare systems by paying kickbacks and promoting off-label use to illegally boost prescriptions of its hemophilia drug NovoSeven.

Read full article » | Save to favorites »

Non-Attys Could Help Close Georgia's Civil Justice Gap

By Emily Johnson

Low-income Georgians and rural Georgians face several barriers to accessing legal services, including living in a legal desert, according to a Georgia Supreme Court committee’s report. The panel's proposal allowing "limited licensed legal practitioners" to assist with civil housing and consumer debt matters could improve access to justice across the state.

Read full article » | Save to favorites »

House Eyes Vote To Repeal Provision On Senators' Lawsuits

By Courtney Bublé

A House bill to repeal a controversial provision tucked into the government funding package that would allow senators investigated by former special counsel Jack Smith to sue for damages is listed for possible consideration on the schedule for the week of Nov. 17.

2 documents attached | Read full article » | Save to favorites »

Northern NY US Atty To Defend DOJ In Maurene Comey Suit

By Jack Karp

The U.S. attorney's office for the Northern District of New York has agreed to defend the U.S. Department of Justice against a lawsuit from former FBI Director James Comey's daughter over what she calls her illegal firing, that office informed a New York federal judge this week.

Letter attached | Read full article » | Save to favorites »

DOJ Official Among Trump Picks For District Courts

By Courtney Bublé

President Donald Trump announced judicial nominees for federal courts in Tennessee, Indiana and Missouri on Friday, including a current U.S. Department of Justice official.

Read full article » | Save to favorites »

Frequent DEI Foe Takes Aim At Mich. Law Firm's Scholarships

By Madison Arnold

American Alliance for Equal Rights, a group known for challenging diversity, equity and inclusion scholarships, has set its sights on Michigan personal injury firm Buckfire & Buckfire PC for alleged discrimination via the firm's scholarship programs for minorities.

Complaint attached | Read full article » | Save to favorites »

NC, Utah Attorneys General Launch Nationwide AI Task Force

By Matt Perez

Democratic North Carolina Attorney General Jeff Jackson and Republican Utah Attorney General Derek Brown have announced the formation of a nationwide artificial intelligence task force in collaboration with developers OpenAI and Microsoft, as well as the Attorney General Alliance, a nonprofit group of bipartisan state attorneys general.

Read full article » | Save to favorites »

How To Kill A Person: A Legal Battle Over Execution Methods

By Marco Poggio

As botched executions pile up and states reach for untested methods like nitrogen hypoxia, prisoners are turning to the courts for a say in how they will die — and are being met with a legal framework stacked against finding execution methods unconstitutional.

Read full article » | Save to favorites »

Perkins Coie Sued By Omani Co. Over Trade Case Defense

By Rachel Riley

An Omani screw manufacturer has launched a legal malpractice suit in Washington state court accusing Perkins Coie LLP of a "series of deadly mistakes" while representing the Middle Eastern company in a U.S. Department of Commerce probe, allegedly leading to steep penalties and tariffs that cost the company hundreds of millions of dollars.

Complaint attached | Read full article » | Save to favorites »

Analysis

Feds' Use Of AI In Permitting, Rulemaking Raises Concerns

By Juan-Carlos Rodriguez

Federal government agencies with environmental responsibilities have begun using artificial intelligence tools, but attorneys say information about exactly why, how and when they are being used has been hard to get, leading to uncertainty about their effectiveness and shortcomings.

2 documents attached | Read full article » | Save to favorites »

'Constitutional Word Salad': Judge Rips Suit Over Mascot Ban

By Bonnie Eslinger

A New York federal court judge denied a Long Island school district's bid to amend claims in a lawsuit challenging the state's ban on Indigenous mascots, calling proposed changes a "constitutional word salad," but said a district parent could add First Amendment claims to the litigation.

Opinion attached | Read full article » | Save to favorites »

Promo that reads 2025 MVPs Promo that reads Law360 Pulse Leaderboard

LAW FIRMS IN TODAY'S NEWS

Abrams & Bayliss

Ahmad Zavitsanos

Arnold & Porter

Baker & Hostetler

Bayard PA

Beveridge & Diamond

Block & Leviton

Buchalter APC

Buckfire & Buckfire

Bursor & Fisher

Butzel Long

CMS Cameron McKenna

Cabello Hall

Carella Byrne

Clarick Gueron

Clyde & Co

Consovoy McCarthy

Covington & Burling

Cravath Swaine

Curtis Mallet-Prevost

DLA Piper

DWF LLP

Devlin Law Firm PC

Dykema

Eimer Stahl

Ellis Jones Solicitors

Faegre Drinker

Freeths LLP

Friedlander & Gorris

Gibson Dunn

Gordons LLP

Grant & Eisenhofer

Heyman Enerio

Holtzman Vogel

Jenner & Block

Joelson JD LLP

Jones Day

Kennedys Law LLP

Keystone Law

King & Spalding

Kirkland & Ellis

Koskoff Koskoff

Kroger Gardis

Labaton Keller

Latham & Watkins

Lyfe Law

MILS Legal Ltd

Manning Kass

McAndrews Held

McDermott Will & Schulte

Meritz Reddy

Mishcon de Reya

Morgan Lewis

Morris Nichols

Munger Tolles

Murray Phillips & Gay

Nabarro LLP

Norton Rose

Orrick Herrington

Paul Hastings

Paul Weiss

Perkins Coie

Potter Anderson

Proskauer Rose

Quainton Law

Quinn Emanuel

Revision Legal

Richards Layton

Rigano LLC

Ropes & Gray

Russell-Cooke

Sherin & Lodgen

Sidley Austin

Skadden Arps

Snell & Wilmer

Stephenson Harwood

Steptoe LLP

Stewarts Law LLP

Thackray Williams

Venable LLP

Wachtell Lipton

Weil Gotshal

WilmerHale

Winston & Strawn

Womble Bond

Young Conaway

Zaiwalla & Co

COMPANIES IN TODAY'S NEWS

ACT

AT&T Inc.

Alphabet Inc.

Amazon.com Inc.

American Bar Association

American Property Casualty Insurance Association

Atlanta Legal Aid Society

Binance Holdings Ltd.

CITGO Petroleum Corp.

Campaign Legal Center

Clean Air Task Force Inc.

Coinbase Global Inc.

Cornell University

Corporate Legal Operations Consortium

Crystallex International Corp

DailyPay Inc.

Democracy Forward Foundation

EarnIn

Elliott Investment Management LP

EngageSmart

Ethereum GmbH

Ethiopian Airlines Enterprise

Evercore Inc.

Filtration Group

Fordham University

Fox Corp.

General Growth Properties Inc.

Georgia Legal Services Program

Getty Images Holdings Inc.

Gleason Corp.

Global Logistic Properties Ltd.

GoDaddy Inc.

Gold Reserve Inc

Google LLC

LEGO System AS

LatinoJustice PRLDEF

Leadership Council on Legal Diversity

Legoland Discovery Centre Us LLC

LinkedIn Corp.

London Stock Exchange Group PLC

M & F Worldwide Corp.

Meta Platforms Inc.

Microsoft Corp.

Milwaukee Brewers

Montway Auto Transport

Murgitroyd Group PLC

Nasdaq Inc.

Natuzzi SpA

New York City Bar Association

News Corp.

Nomura Holdings Inc.

Novo Nordisk A S

OpenAI OpCo LLC

Oracle Corp.

Parker-Hannifin Corp.

Payward Inc.

Pfizer Inc.

Practising Law Institute Inc.

Quest Diagnostics Inc.

Rolls-Royce PLC

Scale Venture Partners

Solicitors Regulation Authority Ltd.

State Bar of California

State Bar of Texas

The Goldman Sachs Group Inc.

U.S. Chamber of Commerce

Vista Equity Partners Management LLC

Western States Petroleum Association

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Supreme Court

Commonwealth of Massachusetts

Companies House

Consumer Financial Protection Bureau

Council on Environmental Quality

Delaware Court of Chancery

European Commission

Federal Bureau of Investigation

Federal Trade Commission

Georgia Supreme Court

National Institutes of Health

New York Attorney General's Office

New York State Department of Education

North Carolina Attorney General's Office

Pacific Northwest National Laboratory

Texas Supreme Court

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 Eleventh Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Agriculture

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of the Interior

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

U.S. District Court for the District of Oregon

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

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

U.S. District Court for the Eastern District of New York

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

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

U.S. District Court for the Northern District of New York

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Missouri

U.S. District Court for the Western District of Tennessee

U.S. Drug Enforcement Administration

U.S. Environmental Protection Agency

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

United Nations

United States District Court for the Southern District of Indiana

Utah Attorney General's Office