Big Tech firms are increasingly turning to so-called reverse acquihires to quickly secure talent and technology, but as these deals grow in size and frequency, they may invite the very regulatory scrutiny the strategy is designed to avoid.
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MONDAY, AUGUST 4, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

'Reverse Acquihires' Multiply Inside Regulatory Gray Zone

By Al Barbarino

Big Tech firms are increasingly turning to so-called reverse acquihires to quickly secure talent and technology, but as these deals grow in size and frequency, they may invite the very regulatory scrutiny the strategy is designed to avoid.

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Kalshi Gets Ex-Lawmakers' Backing In 3rd Circ. Betting Row

By Aislinn Keely

A bipartisan group of former federal lawmakers is urging the Third Circuit to continue preventing New Jersey gambling regulators from taking action over KalshiEx's sports contracts, saying Congress intended for the U.S. Commodity Futures Trading Commission to have the final say on event contracts trading on federally regulated markets.

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9th Circ. Sees 'Everest-Like' Preemption For Credit Union Fees

By Jon Hill

A Ninth Circuit panel on Friday rejected a consumer's bid to revive his California class action claims over bounced-check fees at Navy Federal Credit Union, ruling that federal credit unions are exempt from state laws that regulate account fees.

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GOP Reps Eye Reforms To Landmark Bank Data Privacy Law

By Sarah Jarvis

Republican lawmakers have kicked off a review that could lay the groundwork for new financial data privacy legislation, soliciting public input on whether and how to overhaul a law that governs financial institutions' handling of consumer financial records.

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Brief

SEC To Explore Internal Use Of AI With New Task Force

By Aislinn Keely

The U.S. Securities and Exchange Commission announced Friday that it plans to ramp up its internal use of artificial intelligence tools with a new task force led by a veteran staffer who's recently led the agency's fintech efforts.

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LITIGATION

Fed. Circ. Won't Move Fintiv, Apple Trial Date

By Catherine Marfin

The Federal Circuit on Friday denied Fintiv Inc.'s request to delay its Monday trial against Apple over a patent for storing virtual credit cards on mobile devices for contactless payments.

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PE Investor Can't Move Suit to Del., NC Judge Says

By Sydney Price

A North Carolina Business Court judge declined to allow a private equity investor to voluntarily dismiss its derivative lawsuit against the fund's asset manager and majority owner and move the case to Delaware, finding that the shareholder failed to plead facts demonstrating a legitimate derivative claim under Delaware law.

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EXPERT ANALYSIS

Opinion

Section 1983 Has Promise After End Of Nationwide Injunctions

After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.

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LEGAL INDUSTRY

Legal Job Sector Continued 5-Month Growth Streak In July

By Tracey Read

For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.

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Brief

Test-Taker's Collapse At NY Bar Exam Sparks Criticism

By Anna Sanders

New York bar-takers were allegedly forced to continue the test after witnessing a Fordham University School of Law graduate suffer a medical incident and receive CPR while she took the exam, according to the school and accounts posted online by people who said they were present.

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DC Panel Calls For Former DOJ Official Clark's Disbarment

By Phillip Bantz

The majority of a Washington, D.C., lawyer ethics panel has called for the disbarment of Jeffrey Clark, a White House official and ally of President Donald Trump, over his efforts to overturn the 2020 presidential election.

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NJ Court Will Mull Legality Of Habba's US Atty Appointment

By Lauren Berg

If Alina Habba was illegally appointed acting U.S. attorney in New Jersey, a pair of defendants in a drug trafficking case are not entitled to dismissal of the indictment, but it "appears appropriate" that Habba would be barred from prosecuting them, a federal judge ruled Friday.

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Politics And Privacy Laws Collide 5 Years After Salas Shooting

By Jack Karp

Five years after a disgruntled litigant killed a New Jersey federal judge's son at their home, experts and judges disagree over whether the judicial privacy laws enacted following the shooting are doing much to protect jurists, while political leaders' heated rhetoric makes for an even more dangerous landscape for judges.

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Analysis

Wheeling & Appealing: Midyear Highlights For Every Circuit

By Jeff Overley

In this special edition of Wheeling & Appealing, we're spotlighting key decisions and developments in every circuit court during the first half of 2025, while also previewing August's most intriguing oral arguments, including a remarkably "fierce" showdown between Edible Arrangements and 1-800-Flowers with millions of dollars in attorney fees on the line.

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1st Circ. Doubtful Of Trump's Stance On Birthright Citizenship

By Chris Villani

The First Circuit on Friday seemed inclined to say that the children of unauthorized immigrants are citizens if they were born on U.S. soil, citing both the 14th Amendment and a subsequent U.S. Supreme Court ruling and pushing back on an argument by President Donald Trump's administration.

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Brief

Ex-Copyright Chief Appeals Denial Of Reinstatement Bid

By Elliot Weld

The former head of the U.S. Copyright Office will appeal a D.C. federal judge's denial of her request to be immediately reinstated to her former position after she was fired by President Donald Trump while her suit remains pending.

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NY Law Mandating Judicial Fine Declared Unconstitutional

By Madison Arnold

A New York state appeals court has declared unconstitutional a statute that mandates a judge forfeit $1,000 to a plaintiff if the judge refuses to issue a writ of habeas corpus.

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Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice abandoned its challenge of a corporate travel management deal, while lawmakers are calling for scrutiny of the agency's recent decision to settle a different case, and the Federal Trade Commission agreed to nix the requirements placed on a pair of oil and gas deals.

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The Top In-House Hires Of July

By Michele Gorman

Legal department hires over the past month included high-profile appointments at Warner Bros. Discovery, Deutsche Bank and Kroger. Here, Law360 Pulse looks at some of the top in-house announcements from July.

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

By Max Austin

This past week in London has seen several telco giants hit with a trademark claim, a collapsed hotel company sue a property investor in an ongoing dispute over a decades-old hotel sale, and two litigation funders square off against each other.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Department store retailer Dillard's has asked for a special shareholder's vote on Aug. 19 on management's plan to move its incorporation from Delaware to Texas, becoming the latest company to join the so-called DExit trend.

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Law360's Legal Lions Of The Week

By Kevin Penton

Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.

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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 Rising Stars Promo that reads Meet Law360’s Newest Section: Criminal Practice with a photo of a bronze Lady Justice statue in the foreground and gavel in the background

COMPANIES IN TODAY'S NEWS

1-800-Flowers.com Inc.

7-Eleven Inc.

ANSYS, Inc.

AT&T Inc.

AXA XL Ltd.

Abbott Laboratories

Air Products & Chemicals Inc.

Airbnb Inc.

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

American Express Global Business Travel

Amneal Pharmaceuticals Inc.

Ancestry

Apple Inc.

Aramark

BASF SE

BCE Inc.

BDO LLP

BJC HealthCare

Balfour Beatty PLC

Beyond Meat Inc.

Boy Scouts of America

CVS Health Corp.

Charter Communications Inc.

Chegg Inc.

Chevron Corp.

Council on Criminal Justice

Cox Communications Inc.

Davies Group Ltd.

Delta Corp. Ltd.

Democracy Forward Foundation

Deutsche Bank AG

Dick's Sporting Goods Inc.

Dollar Tree Inc.

Downtown Music Holdings LLC

EE Ltd.

EQT Corp.

Edgeworth Economics LLC

Edible Arrangements LLC

Eli Lilly & Co.

Enerpac Tool Group Corp.

Epic Games Inc.

Exxon Mobil Corp.

Federal Bar Association

Federalist Society

Foot Locker Inc.

Fordham University

GE HealthCare Technologies Inc.

Global Payments Inc.

Goal Group Ltd.

Google LLC

Greencore Group PLC

HSBC Holdings PLC

Harvard University

Hess Corp.

Hewlett Packard Enterprise Co.

Honeywell International Inc.

Intelsat SA

JELD-WEN Inc.

Johnson & Johnson

Juniper Networks Inc.

KKR & Co. Inc.

Lawyers for Civil Rights

Lex Machina Inc.

Liberty Mutual Insurance Group

Live Nation Entertainment Inc.

Louis Dreyfus Holding B.V.

MS Amlin PLC

Macrae Inc.

Mediterranean Shipping Co. SA

Metronet

Microsoft Corp.

Munchkin Inc.

Nasdaq Inc.

National Collegiate Athletic Association

Navy Federal Credit Union

New York Legal Assistance Group Inc.

New York Racing Association Inc.

New York State Bar Association

Norfolk Southern Corp.

Northern Trust Corp.

Nova Biomedical Corp.

Novo Nordisk A S

OpenAI OpCo LLC

Orient Overseas Container Line Ltd.

Ozone Networks Inc.

PGA TOUR Inc.

Palantir Technologies Inc.

Paramount Global

Pioneer Natural Resources Co.

Pivot Bio Inc.

ProAssurance Corporation

Quantum Energy Partners

Reddit Inc.

Repligen Corporation

Restoration Hardware Holdings Inc.

SES SA

Sage Therapeutics Inc.

Sanofi

Skydance Media LLC

Solventum

Southwest Airlines Co.

Spectrum Management Holding Co.

Steves & Sons Inc.

Sunoco LP

Supernus Pharmaceuticals Inc.

Sysmex Corp.

Take-Two Interactive Software Inc.

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The Bank of New York Mellon Corp.

The Charles Schwab Corp.

The District of Columbia Bar

The Doctors Co.

The Kraft Heinz Co.

The Kroger Co.

Therium Capital Management Ltd.

Thermo Fisher Scientific Inc.

Toys R Us Inc.

Tricon Energy Inc.

Union Pacific Corp.

Universal Music Group NV

Verizon Communications Inc.

Verve Therapeutics Inc.

Virgin Media Inc.

Vivendi SA

Volkswagen AG

Vuori Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Workday Inc.

Worldpay LLC

Yang Ming Marine Transport Corp.

LAW FIRMS IN TODAY'S NEWS

AddyHart

Arnold & Porter

Ashurst LLP

Baker & Hostetler

Boies Schiller

Brooks Pierce

Bush Gottlieb

CMS Cameron McKenna Nabarro Olswang

Consovoy McCarthy

Covington & Burling

Cravath Swaine

Crowell & Moring

DLA Piper

DWF LLP

David Boies

Dentons

Dinsmore & Shohl

Faegre Drinker

Flood & Flood

Freeths LLP

Freshfields

Gibson Dunn

Greenberg Traurig

Gupta Wessler

Harrison LLP

Hogan Lovells

Holwell Shuster

Horwich Farrelly

Howes Percival

Hunton Andrews

Jones Day

K&L Gates

Kaliel Gold

Keystone Law

Kilpatrick Townsend

Kirkland & Ellis

Knights Solicitors

Latham & Watkins

Law Offices of Todd M. Friedman

MFG Solicitors

McDermott Will & Emery

Milbank LLP

Milberg Coleman

Mills & Reeve

Mishcon de Reya

Morgan Lewis

Morrison & Foerster

Munger Tolles

Nabarro LLP

Orrick Herrington

Parker Poe

Pierce Atwood

Pinsent Masons

Quinn Emanuel

Robbins Alloy

Rudy Exelrod

Seyfarth Shaw

Shapiro Arato

Sidley Austin

Silver Law Group

Skadden Arps

Stevens & Bolton

Stranch Jennings

Tarter Krinsky

Taylor Rose

Trethowans LLP

Tucker Ellis

Venable LLP

Wachtell Lipton

Ward Hadaway

Webb Law Group APC

Williams Mullen

Willkie Farr

WilmerHale

Winston & Strawn

gunnercooke LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Alcohol Tobacco Firearms and Explosives

Bureau of Labor Statistics

City of New York

Commodity Futures Trading Commission

Companies House

Competition and Markets Authority

Consumer Financial Protection Bureau

European Commission

Federal Bureau of Investigation

Federal Communications Commission

Federal Trade Commission

Food and Drug Administration

Internal Revenue Service

Judicial Conference of the United States

Library of Congress

National Credit Union Administration

National Labor Relations Board

New Jersey Attorney General's Office

New Jersey Division of Gaming Enforcement

New York Supreme Court, New York County

Office of the Comptroller of the Currency

U.S. Attorney's Office

U.S. Attorney's Office for the District of New Jersey

U.S. Consumer Product Safety Commission

U.S. Copyright Office

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

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

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

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

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

US Office of Management and Budget