Corporate

  • April 24, 2025

    SpaceX, NLRB Ask 5th Circ. To Pause Constitutionality Case

    SpaceX and the National Labor Relations Board asked the Fifth Circuit to pause one of the rocket-maker's constitutional challenges to the board's structure, saying the board is investigating whether SpaceX is an air carrier whose labor-management relations are overseen by the National Mediation Board rather than the NLRB.

  • April 24, 2025

    GC For Ga. Driver Service Agency Elevated To Commissioner

    The board of directors of the Georgia Department of Driver Services has elected its general counsel and assistant deputy commissioner of legal and regulatory affairs as the department's commissioner, Georgia Gov. Brian P. Kemp announced Wednesday.

  • April 24, 2025

    Jackson Lewis Adds Associate GC For Chewy In Miami

    A former associate general counsel at pet company Chewy returned to her private practice roots as a principal at employment law firm Jackson Lewis PC in Miami.

  • April 24, 2025

    Ex-Riverfront CFO Gets 19 Years For 'Vulgar' $44M Fraud

    A former chief financial officer for the Detroit Riverfront Conservancy who pled guilty to stealing more than $40 million from the nonprofit was sentenced in Michigan federal court on Thursday to 19 years in prison, the length of time he worked for the organization, and ordered to pay $48 million in restitution.

  • April 24, 2025

    Red Sox TV Network Wins Civil Judgment In Fraud Suit

    The regional cable channel that broadcasts Boston Red Sox and Bruins games has obtained a civil judgment against a former executive who was convicted of embezzling nearly $600,000 through a billing fraud scheme.

  • April 23, 2025

    CFPB Walks Away From Horizon Credit Card Suit

    The Consumer Financial Protection Bureau on Wednesday dropped another Biden-era enforcement action, this time pulling the plug on a Pennsylvania federal court lawsuit over what the agency had previously alleged was a deceptive and abusive membership credit card program that took in tens of millions of dollars in consumer fees.

  • April 23, 2025

    Latest CFPB Layoffs Need Court's Scrutiny, DC Circ. Told

    The National Treasury Employees Union has hit back at a Trump administration bid to resume mass layoffs of nearly all the Consumer Financial Protection Bureau's workforce, urging the D.C. Circuit to leave a federal judge's temporary restraining order in place.

  • April 23, 2025

    NY, 11 Other States Sue Trump Administration To Block Tariffs

    A dozen states are seeking to block tariffs the Trump administration imposed under the International Emergency Economic Powers Act, claiming in a lawsuit Wednesday the tariffs illegally constitute unprecedented tax hikes on Americans and violate constitutional separations of powers

  • April 23, 2025

    CEOs Urge SEC To Ban Political Activists' Proxy Proposals

    The Business Roundtable on Wednesday urged the U.S. Securities and Exchange Commission and Congress to quickly reform the shareholder proposal process for public companies, including by banning activists' proposals relating to environmental, social and political issues, saying proxy statements have become "battlegrounds for political debates."

  • April 23, 2025

    Ex-SEC Counsel Joins Blockchain Co. Plume Network As GC

    Plume Network, a blockchain project focused on real-world assets like gold, mineral interests and private credit funds, has hired a former senior special counsel at the U.S. Securities and Exchange Commission as its general counsel, the project announced Wednesday.

  • April 23, 2025

    Citron Research Founder Can't Escape SEC Fraud Suit

    The founder of trading advice website Citron Research and his investment advisory firm cannot escape the U.S. Securities and Exchange Commission's suit alleging they raked in $20 million by manipulating trading prices, a California federal judge ruled Tuesday, saying the complaint adequately alleges fraud.

  • April 23, 2025

    Pryor Cashman Atty, Telebrands Beat RICO Suit Over Hose IP

    A Florida federal judge tossed Tristar Products' lawsuit claiming a Pryor Cashman LLP lawyer and his client Telebrands schemed to usurp a hose company's rights to a patent portfolio while also defrauding the U.S. Patent and Trademark Office, finding none of the conduct alleged "comes even close to racketeering."

  • April 23, 2025

    Curaleaf Sues Ex-VP For Alleged Breach Of Noncompete

    Cannabis company Curaleaf sued a former executive in Florida federal court Wednesday, alleging she breached her employment agreement and may have shared confidential information when she jumped ship to competitor Jushi.

  • April 23, 2025

    DC Judges Doubt Feds' Rationale For Orders Against Firms

    Two D.C. federal judges on Wednesday expressed skepticism toward the Trump administration's justifications for targeting WilmerHale and Perkins Coie LLP with executive orders, with one judge invoking a comparison to the Red Scare.

  • April 23, 2025

    FINRA Acts On Entrex Application After SEC Gets Complaint

    The Financial Industry Regulatory Authority has approved Entrex Carbon Market Inc.'s requests for a name change and approval of stock splits, shareholders of the carbon offset trading platform have said, although they indicated they will proceed pursuing structural reforms at the self-regulating watchdog of brokers.

  • April 23, 2025

    Meta MDL Judge Doubts Insurers' Bid To Kick Fight To Del.

    A California federal judge presiding over sprawling social media personal injury multidistrict litigation doubted on Wednesday insurers' arguments their multimillion-dollar coverage fight with Meta belongs in Delaware state court, questioning how moving the case would preserve judicial resources, while observing that Hartford's pre-litigation conduct may have been in bad faith.

  • April 23, 2025

    Del. Justices Mull Scope Of Jenzabar Founders' Control Feud

    A Delaware Supreme Court justice on Wednesday pressed an attorney for a co-founder of higher education software venture Jenzabar Inc. on whether he had adopted a "rather expansive reading" for claims of continuing wrongs in an appeal from rulings tied to a divorcing couple's sprawling battles over control of the business.

  • April 23, 2025

    GoodRx Beats Investor Suit Over Kroger-Linked Biz

    GoodRx Holdings Inc. has escaped a proposed shareholder class action alleging it concealed from investors the indispensability of its relationship with Kroger, according to an order signed by a California federal judge who said the suit does not show GoodRx knew Kroger had plans to renegotiate its contracts.

  • April 23, 2025

    Liberty TripAdvisor Sued In Del. For Docs On $435M Sale

    A Liberty TripAdvisor Holdings Inc. stockholder sued in Delaware's Court of Chancery on Thursday for documents on the company's planned $435 million sale of its stake in online travel agency giant TripAdvisor, citing a purported lowball price for public shares and potential conflicts involving Liberty's controlling investor.

  • April 23, 2025

    Ex-Exec Says Centene Harassed Him Over Void Noncompete

    A former vice president at Centene claims in a new Illinois federal court lawsuit that the company has engaged in a campaign of harassment, threats and bullying directed at him and his new employer, based on a noncompete agreement he alleges is void.

  • April 23, 2025

    Severance Deal Bars 401(K) Suit, Whataburger Tells 5th Circ.

    Whataburger asked the Fifth Circuit on Wednesday to uphold the dismissal of an ex-worker's suit claiming the company failed to trim underperforming investment funds from its $215 million retirement plan, stating the lower court correctly found a release he signed doomed his case.

  • April 23, 2025

    Dolphin Encounter Co. Says Ex-CEO Took Over HQ By Force

    A restructuring professional retained by the bankrupt subsidiaries of The Dolphin Co. said in sworn court filings that the debtor's former CEO seized control of the business's Mexican headquarters earlier this month with the help of a cadre of armed men.

  • April 23, 2025

    FCA Suit Over Allergan's Alleged Kickbacks Trimmed

    An Illinois federal judge on Wednesday pared down a lawsuit by former Allergan USA pharmaceutical sales reps claiming the company engaged in a scheme to provide kickbacks to doctors in exchange for prescribing more gastrointestinal drugs, saying they largely failed to show enough of a link between the alleged kickbacks and any false claims to the government for prescriptions. 

  • April 23, 2025

    Morgan Stanley's Capital Markets Lead Joins A&O Shearman

    Allen Overy Shearman Sterling has hired the former head of capital markets legal at Morgan Stanley as a partner in its capital markets practice in New York City, the firm recently announced.

  • April 23, 2025

    Ex-CEO Fires Back At Jackson Walker's Standing Argument

    The former CEO of a defunct barge company is fighting to keep alive his lawsuit blaming the company's downfall on the judicial secret romance scandal that has consumed the Texas bankruptcy courts, claiming Jackson Walker LLP is using its own misdeeds to shield itself from liability.

Expert Analysis

  • How Proxy Advisory Firms Are Approaching AI And DEI

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    Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon.

  • 5 Key Issues For Multinational Cos. Mulling Return To Office

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    As companies increasingly revisit return-to-office mandates, multinational employers may face challenges in enforcing uniform RTO practices globally, but several key considerations and practical solutions can help avoid roadblocks, say attorneys at Baker McKenzie.

  • Reviving A Dormant Criminal Statute In Antitrust Prosecution

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    The U.S. Department of Justice is poised to revive a dormant misdemeanor statute to resolve bid-rigging charges against a foreign national, providing important context to a recent effort to entice foreign defendants to take responsibility for pending charges or face the risk of extradition, say attorneys at Axinn.

  • Traversing The Shifting Sands Of ESG Reporting Compliance

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    Multinational corporations have increasingly found themselves between a rock and a hard place attempting to comply with EU and California ESG requirements while not running afoul of expanding U.S. anti-ESG regimes, but focusing on what is material to shareholder value and establishing strong governance can help, say attorneys at MoFo.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

  • How Plan Sponsors Can Mitigate Risk In PBM Contracts

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    A recent lawsuit in New York federal court alleges that JPMorgan caused exorbitant prescription costs by mishandling the pharmacy benefit manager arrangement, adding to a growing body of Employee Retirement Income Security Act fiduciary breach litigation and affirming that fiduciaries must proactively manage their healthcare plan vendors, say attorneys at Hall Benefits Law.

  • Series

    Volunteer Firefighting Makes Me A Better Lawyer

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    While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.

  • Tax Takeaways From Georgia's 2025 Legislative Session

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    Attorneys at Eversheds Sutherland discuss tax-related measures passed by the Georgia Legislature during the session that adjourned on April 4, which included a decrease in income tax rates, an extension of the time in which to a protest tax assessment and cleanup provisions related to launching the state’s new tax court next year.

  • Limit On SEC Enforcement Authority May Mean Fewer Actions

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    Following a recent U.S. Securities and Exchange Commission final rule revoking the Enforcement Division director's long-standing authority to issue formal investigation orders, it's clear the division is headed for a new era of limited autonomy, marked by a significantly slower pace of SEC investigations, say attorneys at Ballard Spahr.

  • Calif. Antitrust Laws May Turn More Zealous Than US Regs

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    California is poised in the next 18 months to significantly expand its antitrust laws, broadening the scope of liability and creating a premerger review process that could be more expansive than review under the Hart-Scott-Rodino Act, say attorneys at Munger Tolles.

  • As SEC, CFTC Retreat, Who Will Police The Crypto Markets?

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    As the U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission pull back from policing the crypto markets, the Federal Trade Commission and Consumer Financial Protection Bureau have the authority to pick up the slack — although recent events raise doubts that they will do so, say attorneys at Skadden.

  • Digesting A 2nd Circ. Ruling On Food Delivery App Arbitration

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    The Second Circuit recently rejected Grubhub's attempt to arbitrate price-fixing claims, while allowing Uber Eats to do so, reinforcing that even broad arbitration clauses must connect to the underlying dispute and suggesting that terms of service litigation may center on websites' design and content, say attorneys at Greenspoon Marder.

  • E-Discovery Quarterly: The Perils Of Digital Data Protocols

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    Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.

  • Making Sense Of Small Biz Fair Lending Compliance

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    Despite the uncertainty brought on by the Consumer Financial Protection Bureau's recent efforts to revise fair lending data collection requirements under Section 1071 of the Dodd-Frank Act, the compliance dates have not yet been stayed, so covered institutions should still start to monitor any disparities now, say attorneys at Frost Brown Todd.

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