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June 11, 2026
A proposed $4.35 million settlement would end a Delaware Chancery Court stockholder suit accusing former National Holdings Corp. Chairman and CEO Michael Mullen of breaching his fiduciary duties in connection with the company's 2021 sale to B. Riley Financial Inc., according to papers filed Wednesday.
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June 10, 2026
Biotech group Alachua Government Services asked a Delaware bankruptcy judge to trim the U.S. Department of Defense's Chapter 11 claim by $142 million, saying the government relied upon inapplicable federal regulations in claims connected to rejected contracts.
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June 10, 2026
Bankrupt rent-to-own company FlexShopper Inc. told a Delaware judge Wednesday that mediation would be the best option to address disputes over the distribution of its remaining assets under a Chapter 11 plan.
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June 10, 2026
Elliott Investment Management LP and Stronghold Resource Partners urged the Delaware Supreme Court on Tuesday to adopt competing readings of a settlement agreement governing the wind-down of an oil and gas investment fund, with each side saying the contract's language supports a different path for liquidating the fund's remaining holdings.
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June 10, 2026
Swiss drugmaker Ferring Pharmaceuticals Inc. on Wednesday lost its bid to dodge a $25 million verdict in a Delaware federal court patent case over an experimental enema used to treat a particularly deadly form of diarrhea.
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June 10, 2026
Delaware officials defending a law that restricts handgun access for most 18- to 20-year-olds urged the state's high court on Wednesday to uphold the measure as a reasonable public safety regulation, while challengers argued that the statute unlawfully strips constitutional rights from an entire class of legal adults based solely on age.
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June 09, 2026
Defunct Canadian miner Crystallex on Friday urged the Third Circuit to order Venezuela's counsel to prove its authority as the country challenges an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of its debt, pointing to the new administration of Delcy Rodriguez.
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June 09, 2026
The Third Circuit on Tuesday revived part of a pro se debtor's long-running bankruptcy fight against Philadelphia holding the city must face civil contempt sanctions for collecting on a lien after his debt was discharged, saying it "violated" one of the "historic cornerstones" of bankruptcy, which is a discharge's finality.
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June 09, 2026
The Federal Circuit eased the line between constitutional and statutory standing last month when reviving A.L.M. Holding Co.'s infringement suit against Zydex Industries Private Ltd., in a decision attorneys say makes standing more accessible and clarifies how patent licensors can maintain their rights.
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June 09, 2026
A California investor has sued in the Delaware Chancery Court seeking to enforce a settlement with investment firm Vikasa Capital Inc., claiming the company paid only a fraction of the $1.25 million it agreed to pay to resolve claims that it fraudulently induced a $5 million investment through misrepresentations and doctored corporate records.
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June 09, 2026
A SPAR Group Inc. stockholder has filed a derivative lawsuit in the Delaware Chancery Court accusing several current and former directors and officers of orchestrating a yearslong scheme to maintain control of the company's board, enrich insiders and approve conflicted transactions that allegedly cost the company $22 million.
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June 09, 2026
A special litigation committee of Apollo Global Management Inc.'s board is opposing a bid to disqualify a Delaware vice chancellor from presiding over litigation regarding a $570 million payout to company insiders due to a possible conflict because she previously was an attorney at Skadden Arps Slate Meagher & Flom LLP, saying there are no grounds for disqualification.
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June 09, 2026
The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.
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June 09, 2026
A QXO Inc. stockholder has filed a proposed class action in the Delaware Chancery Court seeking to block a shareholder vote tied to the company's planned $17 billion acquisition of TopBuild Corp., alleging that investors were not given enough information to make an informed decision on the deal.
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June 08, 2026
The "inflammatory" language used by the University of Texas to secure a $42 million patent infringement verdict against Boston Scientific is "about as good an example as one can possibly think of," U.S. Circuit Judge Richard G. Taranto told the university's attorney on Monday.
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June 08, 2026
The American Intellectual Property Law Association, National Association of Manufacturers and others urged the Federal Circuit to undo a lower court's ruling that Moderna, and not the government, must face a multibillion-dollar patent infringement suit over its COVID-19 vaccine.
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June 08, 2026
The Federal Energy Regulatory Commission was allowed to reject a proposal by PJM transmission owners that would've allowed the regional grid operator to make grid-planning decisions without the approval of its members committee over an issue with a single amendment, the D.C. Circuit has said.
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June 08, 2026
At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.
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June 08, 2026
The Federal Circuit on Monday upheld a Delaware federal court's decision that deemed invalid a Purdue Pharma patent covering an abuse-deterrent version of the opioid OxyContin, rebuffing the company's arguments that the lower court got its obviousness analysis wrong.
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June 08, 2026
A Cineverse Corp. shareholder has sued the entertainment company, its chief executive and three directors in Delaware Chancery Court, alleging they improperly enriched themselves with stock grants after a 2023 reverse stock split and then failed to fully disclose those actions when seeking shareholder approval for additional equity awards.
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June 08, 2026
The biotechnology company Incyte said Monday it has entered into a definitive agreement to acquire Vega Therapeutics Inc. from Star Therapeutics for up to $2 billion, with Goodwin Procter LLP advising Incyte and Fenwick & West LLP representing Star Therapeutics.
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June 08, 2026
FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange, according to the U.S. Department of Justice's Office of the Pardon Attorney.
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June 08, 2026
A Massachusetts federal judge ruled Monday that President Donald Trump's $100,000 H-1B visa payment constitutes a tax that Congress did not authorize the president to impose, declaring the fee unlawful and vacating it in its entirety.
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June 08, 2026
Health insurance broker GoHealth has filed for Chapter 11 protection in Delaware with $772 million in debt and a prepack equity-swap plan, saying medical costs are outpacing government reimbursement and that it is facing litigation alleging its involvement in a kickback scheme.
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June 08, 2026
Simply Interior Homes, which makes home textiles and decor, filed for Chapter 11 protection Monday in Delaware bankruptcy court with at least $100 million in debt and a plan to sell its business.