Top Stories

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  Ropes & Gray Helps Galderma Buy ZO Skin Health For $1.5B

  By Dawood Fakhir

  Swiss skin care company Galderma said Wednesday that it has agreed to acquire a U.S. competitor in medical skin ...(read more)

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  Ex-OpenAI Engineer Charged With Bugging Conference Room

  By Dorothy Atkins

  Federal prosecutors have arrested and charged a former OpenAI product team engineer in California federal court ...(read more)

• DC Circ. Not Fan Of EPA's Citation Habits In Methane Appeal

  By Nadia Dreid

  The D.C. Circuit didn't seem too sure Wednesday morning whether the U.S. Environmental Protection Agency had behaved how it ought to have when extending compliance deadlines for initiating requirements to reduce methane pollution from the oil and gas sector.

• 3rd Circ. Backs Pa. Regulator In Pipeline Approval Fight

  By George Woolston

  The Third Circuit on Wednesday affirmed a Pennsylvania regulator's approval of a Transcontinental Gas Pipe Line Co. project, ruling there was no evidence the water quality information pushed by environmental groups would have altered the outcome of the application.

• Litigation Funding Partners Clash Over Shift In Del. High Court

  By Jarek Rutz

  Priority Pre-Settlement Funding LLC and Brett K. Findler urged the Delaware Supreme Court on Wednesday to revive claims accusing Findler's former business partner of quietly shifting their litigation-finance business into hedge funds the partner controlled, while the other side argued Findler knew about the new structure, agreed to it and helped put it in place.

• AGs Say Character.AI Chats Must Be Protected In Ch. 11 Sale

  By Rick Archer

  A group of state attorneys general told a Delaware bankruptcy judge Wednesday that protection of minors and privacy concerns need to be addressed before the company behind artificial intelligence entertainment platform Character.AI is allowed to sell its data in its Chapter 11 case.

• Ex-BigLaw Atty Wants Firm Docs For Insider Trading Defense

  By Carolyn Muyskens

  A former BigLaw associate accused of insider trading is seeking records from ex-employers Sidley Austin LLP, Latham & Watkins LLP and Goodwin Procter LLP to help fight charges that he tipped others about nonpublic deals the firms were working on.

• Jenzabar Investors Ask Del. Justices To Revive $55M Suit

  By Jarek Rutz

  Jenzabar Inc. and former members of New Media Investors II LLC, an investment vehicle formed to hold Jenzabar securities, clashed before the Delaware Supreme Court on Wednesday over whether the investors can revive their suit seeking roughly $55.25 million tied to the higher education software company's stock warrants, even though the investment vehicle was canceled in 2017.

• 11th Circ. Says Fla. Can Enforce Social Media Teen Ban

  By Aneeta Mathur-Ashton

  The Eleventh Circuit has ruled that Florida can enforce its restrictions on social media for children, vacating and reversing a preliminary injunction that blocked the state's enforcement.

• Pa. County Urges Appeals Court To Revive Climate Suit

  By Keith Goldberg

  A Pennsylvania county's lawsuit that accuses oil companies of concealing the impacts of fossil fuels on climate change isn't preempted by federal law and should be revived, a state appellate court heard Wednesday.

• Fairfax Wins Approval For $5.56B Stake In India's IDBI Bank

  By Al Barbarino

  Canada's Fairfax Financial Holdings has won Indian government approval to acquire a 60.72% stake in IDBI Bank for 528.78 billion rupees ($5.56 billion), in what the Indian government said Wednesday would be the largest ever foreign direct investment in its financial sector.

• Manhattan DA Unveils Corporate Crime & Antitrust Task Force

  By Stewart Bishop

  Manhattan District Attorney Alvin Bragg on Wednesday announced the formation of a new task force that will focus on prosecuting corporate crime and antitrust violations, as part of a push to deter industrywide misconduct and promote systemic accountability for entities that encourage and enable financial crimes.

• Hegseth Trans Slur May Lead To Deposition, Judge Says

  By Jared Foretek

  Defense Secretary Pete Hegseth will have to answer questions in a lawsuit challenging the Trump administration's transgender troops ban, after a D.C. federal judge said Wednesday that his recent use of a slur for trans people could show that the policy was motivated by animus.

• Fed. Circ. Affirms Toss Of Hulu Digital Advertising Patent Suit

  By Elliot Weld

  The Federal Circuit on Wednesday upheld a California federal judge's decision dismissing a suit brought by a patent-holding company accusing streaming giant Hulu of infringing patents covering advertising in digital media, finding the patent claims cover an abstract idea and lack an inventive concept.