Corporate

  • August 19, 2024

    2nd Circ. Keeps Macquarie Suit Alive After High Court Remand

    The Second Circuit on Monday once again greenlighted an investor lawsuit accusing Macquarie Infrastructure Corp. of hiding the expected impact of a high-sulfur fuel ban on its oil storage business, saying that the U.S. Supreme Court's recent decision in Macquarie's favor had little impact on the circuit court's earlier ruling that the case should move forward. 

  • August 19, 2024

    NY Appeals Court Sides With DirecTV In Nexstar Fee Spat

    A New York state appeals court upheld DirecTV's summary judgment win against Nexstar in a spat over station licensing fees, even giving the satellite TV giant more than it won in the trial court by ruling that the judge there incorrectly denied some of DirecTV's claims.

  • August 19, 2024

    Siemens Accused Of Violating Wash. Pay Transparency Law

    Siemens Corp. violated Washington wage disclosure law by failing to list the wage scale for a field service technician role, according to a proposed class action removed to federal court in Seattle.

  • August 19, 2024

    Crypto Owners Sue Binance Over Allegedly Lax Theft Controls

    Three cryptocurrency owners claimed Friday that Binance and founder Changpeng Zhao enabled hackers and thieves to use the exchange to launder millions of dollars stolen from their accounts, activity they say hasn't stopped after the company's blockbluster guilty plea. 

  • August 19, 2024

    Monsanto Faces Jury In 5th Philadelphia Roundup Trial

    For the fifth time in a Philadelphia courtroom, jurors were told Monday by plaintiffs' attorneys that Bayer AG unit Monsanto sold its flagship weedkiller Roundup knowing it had cancer-causing properties, but failed to warn consumers about the potential danger so it could make a profit.

  • August 19, 2024

    CFTC's Pham Wants More Credit For Firms In Wash Trade Deal

    The Commodity Futures Trading Commission on Monday ordered two Raizen units to pay $750,000 to settle charges they carried out illegal wash sales on sugar contracts worth more than $1 billion, but Commissioner Caroline Pham said the companies should have gotten more credit for self-reporting and remediating.

  • August 19, 2024

    DOJ Waited Too Long On Chats Deletions, Google Says

    Google urged a Virginia federal judge Friday to reject the Justice Department's request to sanction the search giant over a policy of deleting internal chats, arguing that the request came too late and that the government isn't missing any evidence for its advertising technology monopolization suit.

  • August 19, 2024

    Insurer Blames Panda Express Grease For $176K Water Leak

    An insurer demanded Chinese fast food chain Panda Express Inc. repay it more than $176,000 for damages allegedly caused when the restaurant's grease-filled pipes backed up, leaking water into a clothing store covered by the insurer, in a case the eatery moved to Washington federal court.

  • August 19, 2024

    Builders Want 6th Circ. Nix Of NLRB Captive Meeting Memo

    The National Labor Relations Board general counsel's memorandum saying so-called captive audience meetings are unlawful is a "censorship scheme," the Associated Builders and Contractors of Michigan argued to the Sixth Circuit, seeking reversal of a lower court ruling that tossed the group's First Amendment claims.

  • August 19, 2024

    Ex-McElroy Execs' Theft, Bias Cases Paused Amid Ch. 11

    A New Jersey state court has sided with McElroy Deutsch and stayed all litigation between the law firm and two former executives, including both the firm's fraud claims and discrimination counterclaims made against it, while a related bankruptcy case plays out.

  • August 19, 2024

    A&O Shearman Hires Ex-Morgan Stanley Exec In New York

    A former executive director at Morgan Stanley has returned to private practice at Allen Overy Shearman Sterling in New York.

  • August 19, 2024

    Paul Weiss Adds A&O Shearman Derivatives Pro As Partner

    A New York-based derivatives expert is the latest partner to exit the recently formed Allen Overy Shearman Sterling for another firm.

  • August 19, 2024

    H&R Block's Case On In-House Judges' Role Is Paused

    A Missouri federal judge who refused to halt Federal Trade Commission proceedings accusing H&R Block of deceptive advertising agreed to pause, while the company appeals her refusal, a district court case in which the company has argued that administrative judges should be booted from the proceedings.

  • August 19, 2024

    Trump's Immunity Appeal May Delay Sentencing, DA Says

    Prosecutors will not oppose Donald Trump's request to delay sentencing in his New York hush money case, currently set for next month, while he seeks to dismiss his conviction in light of the U.S. Supreme Court's presidential immunity ruling, agreeing that an immediate appeal may upend the proceedings anyway.

  • August 19, 2024

    Refiners Seek EPA Biofuel Reg Waiver, Citing Shortfall

    A national trade group for refiners is asking a D.C. federal judge to order the U.S. Environmental Protection Agency to partially waive cellulosic biofuel blending requirements for 2023, arguing the agency overestimated how much would be available, causing refiners an estimated $237 million in compliance costs.

  • August 19, 2024

    Icahn Settles With SEC Over Company-Betting Loan Claims

    The U.S. Securities and Exchange Commission on Monday announced that hedge fund billionaire Carl Icahn and his publicly traded company have agreed to pay $2 million to end an enforcement action accusing them of failing to disclose the use of Icahn Enterprises LP shares as collateral on personal margin loans.

  • August 16, 2024

    The Biggest Texas Rulings Of 2024: A Midyear Report

    Texas has seen a bevy of major decisions, including a $1.4 billion settlement with Facebook over alleged biometric data collection, a ruling banning gender-affirming care for minors, and the conclusion of a long-running securities case against Attorney General Ken Paxton. Here's some of the biggest decisions so far this year.

  • August 16, 2024

    Real Estate Recap: Cases To Watch, DC Flooding, NYC Hotels

    Catch up on the past week's key developments by state from Law360 Real Estate Authority — including the commercial real estate cases to watch in 2024's second half, one BigLaw attorney's thoughts on new Washington, D.C., flood construction rules and the NYC hotel license bill that has hospitality attorneys rattled.

  • August 16, 2024

    TikTok Nonusers Fight Uphill For 100M-Member Privacy Class

    A California federal judge on Friday tentatively declined to certify a class of over 100 million nonusers of TikTok over allegations it illegally scraped their personal data from third-party websites, noting the "extraordinary" class size and questioning whether the plaintiffs have shown their injuries are typical of the proposed class.

  • August 16, 2024

    SEC Climate Rules Backed By Wave Of Amici At 8th Circ.

    The U.S. Securities and Exchange Commission has received a wave of support for its recently adopted climate disclosure rules from various consumer advocacy, environmental, investor and academic groups, which told the Eighth Circuit the measures are necessary and within the agency's authority.

  • August 16, 2024

    Intuit Decision Shows 401(k) Forfeiture Suits Gaining Traction

    A California federal judge's recent decision refusing to toss a federal benefits lawsuit alleging Intuit misspent 401(k) plan forfeitures shows how a novel pleading under the Employee Retirement Income Security Act has gained a foothold in some district courts, attorneys say. Here's a rundown with attorneys on the Intuit ruling and what to expect as more large employers are being targeted with proposed class action litigation challenging 401(k) forfeiture spending.

  • August 16, 2024

    HP Moves Washington Pay Transparency Suit To US Court

    HP has joined the list of major companies to be hit with proposed class claims for allegedly failing to include pay ranges in job postings, in violation of Washington state wage disclosure laws, according to a lawsuit moved to Seattle federal court on Thursday.

  • August 16, 2024

    Ex-Twitter Workers Seek Conditional Cert. In Age Bias Suit

    Counsel for a former Twitter employee urged a California federal judge at a hearing Friday to conditionally certify a proposed age discrimination collective action on behalf of workers 50 and older who were fired after Elon Musk acquired the company, pointing to Musk's remarks as evidence of bias.

  • August 16, 2024

    Nikola, Romeo Power Targeted In Del. Derivative Complaint

    A former Romeo Power Inc. stockholder has launched a double derivative suit seeking derivative damages from nine former Romeo directors and officers in part through derivative claims via Nikola Corp., which acquired Romeo in August 2022 for a fraction of the company's once $1 billion-plus valuation.

  • August 16, 2024

    Employment Authority: Potential Issues With 'No Tax On Tips'

    Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on the potential implications of proposals from former President Donald Trump and Vice President Kamala Harris to do away with federal taxes on tips in certain industries, advice for employers as worker accommodation requests linked to commuting increase and how the future of federal labor policy is uncertain as polling shows a closer race between Trump and Harris. 

Expert Analysis

  • Opinion

    Del. Needs To Urgently Pass Post-Moelis Corporate Law Bill

    Author Photo

    After the Delaware Chancery Court's decision in West Palm Beach Firefighters' Pension v. Moelis sparked confusion around governance rights, recently proposed amendments to the Delaware General Corporation Law would preserve the state's predictable corporate governance system, says Lawrence Hamermesh at Widener University Delaware Law School.

  • Cos. Must Stay On Alert With Joint Employer Rule In Flux

    Author Photo

    While employers may breathe a sigh of relief at recent events blocking the National Labor Relations Board's proposed rule that would make it easier for two entities to be deemed joint employers, the rule is not yet dead, say attorneys at ​​​​​​​Day Pitney.

  • Key Insurance Considerations After $725M Benzene Verdict

    Author Photo

    The recent massive benzene verdict in Gill v. Exxon Mobil will certainly trigger insurance questions — and likely a new wave of benzene suits — so potential defendants should study Radiator Specialty v. Arrowood Indemnity, the only state high court decision regarding benzene claim coverage, says Jonathan Hardin at Perkins Coie.

  • Fed. Circ. Scrapping Design Patent Tests Creates Uncertainty

    Author Photo

    The Federal Circuit last week discarded established tests for proving that design patents are invalid as obvious, leaving much unknown for design patent applicants, patentees and challengers, such as what constitutes analogous art and how secondary references will be considered and applied, say attorneys at Sterne Kessler.

  • Series

    Playing Music Makes Me A Better Lawyer

    Author Photo

    My deep and passionate involvement in playing, writing and producing music equipped me with skills — like creativity, improvisation and problem-solving — that contribute to the success of my legal career, says attorney Kenneth Greene.

  • How AI Cos. Can Cope With Shifting Copyright Landscape

    Author Photo

    In the evolving landscape of artificial intelligence, recent legal disputes have focused on the utilization of copyrighted material to train algorithms, meaning companies should be aware of fair use implications and possible licensing solutions for AI users, say Michael Hobbs and Justin Tilghman at Troutman Pepper.

  • How Attys Can Avoid Pitfalls When Withdrawing From A Case

    Author Photo

    The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.

  • One Contract Fix Can Reduce Employer Lawsuit Exposure

    Author Photo

    A recent Fifth Circuit ruling that saved FedEx over $365 million highlights how a one-sentence limitation provision on an employment application or in an at-will employment agreement may be the easiest cost-savings measure for employers against legal claims, say Sara O'Keefe and William Wortel at BCLP.

  • Opinion

    DOJ Messaging App Warnings Undermine Trust In Counsel

    Author Photo

    The U.S. Department of Justice Antitrust Division's increasingly ominous warnings to defense and in-house counsel about the consequences of not preserving ephemeral messaging and messages sent using collaboration tools could erode confidence and cooperation, says Mark Rosman at Proskauer.

  • How Real Estate Cos. Can Protect Their IP In The Metaverse

    Author Photo

    The rise of virtual and augmented reality creates new intellectual property challenges and opportunities for real estate owners, but certain steps, including conducting a diligence investigation to develop an understanding of current obligations, can help companies mitigate IP issues in the metaverse, says George Pavlik at Levenfeld Pearlstein.

  • Using A Children's Book Approach In Firm Marketing Content

    Author Photo

    From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

  • The State Of Play In DEI And ESG 1 Year After Harvard Ruling

    Author Photo

    Almost a year after the U.S. Supreme Court decided Students for Fair Admissions v. Harvard, attorney general scrutiny of environmental, social and governance-related efforts indicates a potential path for corporate diversity, equity and inclusion initiatives to be targeted, say attorneys at Crowell & Moring.

  • CFPB Poised To Up The Ante After Supreme Court Victory

    Author Photo

    When the U.S. Supreme Court emphatically ruled last week that the Consumer Financial Protection Bureau's funding structure did not violate the Constitution, the agency boasted that it was "here to stay," signaling that it is moving full steam ahead with its regulatory, enforcement and supervisory agenda, says Jim Sandy at McGlinchey Stafford.

  • 2nd Circ. Ruling Affirms NY Law's Creditor-Friendly Approach

    Author Photo

    The Second Circuit’s recent ruling in 245 Park Member v. HNA International provides creditors with some reason for optimism that debtors in New York may face rejection in court for aiming to keep creditors at arm’s length by transferring personal assets into an LLC, says Jeff Newton at Omni Bridgeway.

  • 2 Oil Trader FCPA Pleas Highlight Fine-Reduction Factors

    Author Photo

    Recent Foreign Corrupt Practices Act settlements with Gunvor and Trafigura — the latest actions in a yearslong sweep of the commodities trading industry — reveal useful data points related to U.S. Department of Justice policies on cooperation credit and past misconduct, say Michael DeBernardis and Laura Perkins at Hughes Hubbard.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Corporate archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!