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Corporate
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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.
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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.
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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.
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April 23, 2025
Boeing Annual Meeting Faces Safety, Dueling DEI Issues
While confronting its safety issues and still trying to settle the federal charges in a deferred prosecution agreement, The Boeing Co. faces two unrelated shareholder resolutions dealing with DEI matters at its annual virtual meeting on Thursday.
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April 23, 2025
O'Melveny Brings On Former Lenovo IP Litigation Leader
O'Melveny & Myers LLP announced Wednesday it has bolstered its intellectual property and technology practice with the addition of an experienced litigator who most recently oversaw global IP litigation for technology company Lenovo.
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April 23, 2025
5th Circ. Nixes Order Letting Union Join NLRB Challenge
The Fifth Circuit has walked back an order allowing the Office and Professional Employees International Union to intervene in a high-profile case challenging the National Labor Relations Board's constitutionality, saying the union's interests are adequately spelled out in its amicus brief and represented by the board.
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April 23, 2025
Yelp's Antitrust Case Against Google Didn't Come Too Late
A California federal court has refused to toss Yelp's case accusing Google of monopolizing the local search market, despite arguments that it came too late, but trimmed several claims Yelp will have a chance to fix before moving ahead with the long-simmering dispute.
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April 23, 2025
GOP Leader Proposes Modernizing Contractor Rules
U.S. Senate Health Education Labor and Pensions Committee Chairman Bill Cassidy, R-La., on Wednesday unveiled proposals he says will modernize the independent contractor model without hindering workers' flexibility and profit opportunities, suggesting several changes Congress could take.
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April 23, 2025
FCC Seeks Industry Data In Probing T-Mobile, UScellular Deal
The Federal Communications Commission has sought data from more than half a dozen telecom and cable companies as it probes T-Mobile's planned $4.4 billion merger with UScellular's wireless operations.
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April 23, 2025
US Tariffs Will Slow Global Economic Growth, IMF Says
The "abrupt increase" in U.S. tariffs has resulted in countermeasures and uncertainty that will significantly slow global economic growth, according to a report from the International Monetary Fund.
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April 23, 2025
M&A 'Pause' Requires Nimble, Creative Dealmaking
With deals stalling in a market defined by uncertainty, attorneys and the dealmakers they counsel are leaning on creative structures — from earnouts to partial stake sales — to keep transactions alive, according to corporate lawyers advising on major mergers and acquisitions.
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April 23, 2025
Bernstein Litowitz Looks To Hire SEC's Ex-Top Crypto Cop
Investor-side firm Bernstein Litowitz Berger & Grossmann LLP has disclosed in a court filing that it is seeking to hire Jorge Tenreiro, the former head of the U.S. Securities and Exchange Commission's crypto enforcement unit as well as the onetime chief of the agency's entire litigation team.
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April 22, 2025
FTC's Holyoak Wants 'Predictable' Regulatory Space For AI
The Federal Trade Commission won't stop policing fraud and deception powered by artificial intelligence, but flexibility is needed to avoid "misguided enforcement actions or excessive regulation" that could stifle innovation and competition in the emerging field, Commissioner Melissa Holyoak said Tuesday.
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April 22, 2025
ChatGPT Exec Says Google Data Access Could Aid Rival AI
The head of product for OpenAI's ChatGPT vouched Tuesday for the Justice Department's proposal to force Google to produce search data to rivals, telling a D.C. federal judge the suggested remedy for Google's monopolistic conduct could accelerate development of a tool capable of competing directly with Google search.
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April 22, 2025
Instagram Founder Says Meta 'Starved' Co. After Acquisition
During testimony in the Federal Trade Commission's monopoly case against Meta on Tuesday, the founder of Instagram said his company was "starved" after being acquired by Facebook as Mark Zuckerberg grappled with "a lot of emotion" over Instagram siphoning users away from its parent company's flagship platform.
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April 22, 2025
DC Circ. Says NLRB's Google Joint Employer Case Is Moot
The D.C. Circuit vacated on Tuesday a National Labor Relations Board order requiring Google and contractor Cognizant to bargain with a union representing YouTube Music workers, saying the end of the tech giant's contract with Cognizant mooted the dispute.
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April 22, 2025
Pharmaceutical Co. Buyers Win Del. Fraud Suit Revival
Multiple reasonable interpretations of a letter agreement in a $35 million deal for three pharmaceutical companies proved enough Tuesday to trigger a Delaware Supreme Court reversal of a lower court decision tossing buyers' fraudulent inducement claims.
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April 22, 2025
Tesla Reaches Settlement With Widow In Wrongful Death Suit
Tesla Inc. has reached a settlement resolving a woman's wrongful death suit claiming her husband was killed after his Tesla Model Y suddenly accelerated and crashed into a gas station pump support column, according to a notice filed Monday in California federal court.
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April 22, 2025
Cummins Inc. Can't Dodge Engine Warranty Class Claims
A Michigan federal judge on Monday said Cummins Inc. must face a trucking company's proposed class action alleging the engine maker routinely cites dust damage to refuse warranty replacements and repairs without determining if it really was the cause.
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April 22, 2025
Del. Suit Alleges Execs Eroded Value Of Texas Auto Repair Biz
Two investors from Florida and Canada overhauled their Delaware state court derivative shareholder lawsuit alleging gross mismanagement against executives of a Texas auto repair technology business, saying a private equity firm helped them drain the company's value and prevent it from being sold in order to artificially inflate its worth.
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April 22, 2025
Temp Workers Sue Fresh Express Over Alleged Safety Hazards
Six temporary workers claimed in a potential class action filed Monday that salad kit maker Fresh Express failed to train them to operate dangerous equipment or mitigate safety risks and that the staffing agencies that sent them there failed to pay wages comparable to what their hired employees make in violation of Illinois law.
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April 22, 2025
Former NLRB GC Abruzzo Lands At Bush Gottlieb, CWA
Former National Labor Relations Board general counsel Jennifer Abruzzo has landed two post-board gigs as an attorney with union-side firm Bush Gottlieb and a senior adviser to the president of the Communications Workers of America, her new employers announced Tuesday.
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April 22, 2025
DOJ Says Google Ad Tech Win Supports Apple Antitrust Case
The U.S. Department of Justice told a New Jersey federal court its recent win against Google in the ad tech monopolization case supports allowing claims that Apple monopolizes smartphone markets to proceed.
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April 22, 2025
Grindr Closer To Arbitrating Suit By 'Outed' Catholic Priest
A California judge said Tuesday he may send to arbitration a suit filed against Grindr for allegedly selling a Catholic priest's sensitive personal information and causing him to lose a coveted position in the church, saying the argument that the app cannot prove he agreed to the arbitration agreement falls short.
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April 22, 2025
Ark. Offers Credit For 50% Of New Payroll For HQ Relocations
Arkansas created an income tax credit for businesses that relocate their corporate headquarters to the state equal to up to 50% of their payroll for qualifying employees under a bill signed by Gov. Sarah Huckabee Sanders.
Expert Analysis
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Measuring And Mitigating Harm From Discriminatory Taxes
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.
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How Del. Law Rework Limits Corporate Records Requests
Newly enacted amendments to a section of the Delaware General Corporation Law that allows stockholders and beneficial owners to demand inspection of Delaware corporations' books and records likely curtails the scope of such inspections and aids defendants in framing motions to dismiss at the pleading stage, says Jonathan Richman at Brown Rudnick.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q1
Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.
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How The ESG Investing Rule Survived Loper Bright, For Now
A Texas federal court's recent decision in Utah v. Micone upholding the U.S. Department of Labor's 2022 ESG investing rule highlights how regulations can withstand the post-Loper Bright landscape when an agency's interpretation of its statutorily determined boundaries is not granted deference, say attorneys at Miller & Chevalier.
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Series
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.
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In-House Expert Testimony Is Tricky, But Worth Considering
Litigation counsel often reject the notion of designating in-house personnel to provide expert opinion testimony at trial, but dismissing them outright can result in a significant missed opportunity, say David Ben-Meir at Ben-Meir Law and Martin Pitha at Lillis Pitha.
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Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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Series
NY Banking Brief: All The Notable Legal Updates In Q1
The most noteworthy developments from the first quarter of the year in New York financial services include newly proposed regulations on overdraft fees, a groundbreaking settlement by the state attorney general, and a potentially precedent-setting opinion regarding the Electronic Fund Transfer Act, say attorneys at Quinn Emanuel.
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Nev. Fraud Ruling Raises Stakes For Proxy Battles
Though a Nevada federal court’s recent U.S. v. Boruchowitz decision involved unusual facts, the court's ruling that board members can be defrauded of their seat through misrepresentations increases fraud risks in more typical circumstances involving board elections, especially proxy fights, say attorneys at ArentFox Schiff.
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Trade Policy Shifts Raise Hurdles For Gov't And Cos. Alike
The persistent tension between the Trump administration's fast-moving and aggressive trade policies and the compliance-heavy nature of the trade industry creates implementation challenges for both the business community and the government, says Sara Schoenfeld at Kamerman.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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Opinion
7 Ways CFTC Should Nix Unnecessary Regulatory Burdens
Several U.S. Commodity Futures Trading Commission regulations do not work efficiently in practice, all of which can be abolished or improved in order to comply with a recent executive order requiring the elimination of 10 regulations for every new one implemented, say attorneys at K&L Gates.
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Key Insurance Issues Likely To Arise From NY Superfund Law
The recently enacted New York Climate Change Superfund Act imposes a massive $75 billion in liabilities on energy companies in the fossil fuel industry, which can be expected to look to their insurers for coverage, raising a slew of coverage issues both old and new, say attorneys at Wiley.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.