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Corporate

  • November 26, 2025

    Oil Trader Says No Jail Needed After Co.'s $191M Bribery Fine

    A former Connecticut oil trader convicted of laundering money and paying bribes to an official at Brazilian oil giant Petroleo Brasileiro SA has sought a sentence of probation, citing the U.S. government's "significant rollback" of Foreign Corrupt Practices Act enforcement.

  • November 26, 2025

    Databricks Attys Warned Not To Coach IP Suit Witnesses

    A California federal magistrate judge on Wednesday warned attorneys representing Databricks in a group of writers' copyright lawsuit over AI training that they cannot discuss deposition testimony with witnesses during breaks other than for privilege reasons, but she rejected the writers' accusation that defense counsel had improperly coached witnesses.

  • November 26, 2025

    Paratek Beats Suit Alleging $462M Sale Built On D&O Interests

    A Delaware vice chancellor on Wednesday tossed investor challenges to Paratek Pharmaceuticals' $462 million sale to Gurnet Point Capital and Novo Holdings, saying it was not reasonably conceivable that directors and officers undermined better deal prospects in order to protect personal interests.

  • November 26, 2025

    GTCR Drops FTC Constitutional Challenge Over Merger Case

    GTCR BC Holdings LLC has agreed to dismiss its constitutional claims against the Federal Trade Commission after enforcers dropped their case challenging the private equity firm's $627 million purchase of medical device coatings company Surmodics Inc.

  • November 26, 2025

    Investor Suit Over Failed TD Bank-First Horizon Deal Tossed

    A New Jersey federal judge on Wednesday dismissed an investor class action over TD Bank's failed $13.4 billion merger with First Horizon Corp., finding that First Horizon investors can't sue because they never held TD Bank shares and the deal didn't close.

  • November 26, 2025

    OpenAI Says ChatGPT Can't Be Blamed For Teen's Suicide

    OpenAI hit back at allegations that its ChatGPT artificial intelligence chatbot aided and abetted a California teen's suicide, saying the boy's misuse of the platform caused his actions, according to documents filed in San Francisco County Superior Court.

  • November 26, 2025

    Tube Maker's Board Says CEO Funneled Profits To Sons' Co.

    The special committee of the nation's largest squeezable tube manufacturer's board has sued the company's CEO and his two sons in Delaware Chancery Court, alleging they siphoned off corporate profits through a self-dealing arrangement that steered label-supply business to a family-owned business at inflated prices.

  • November 26, 2025

    Coinbase Insiders Sued In Del. For Billions After Hack Losses

    Stockholders of Coinbase Global Inc. have again sued the crypto giant in Delaware's Court of Chancery, in a second derivative suit seeking recoveries for billions in alleged inside trading by fiduciaries of the now-Texas-chartered company and claiming multiple failures to prevent high-risk customer actions.

  • November 26, 2025

    5 Takeaways From Eaton Trial On Acquisition Financing, Part 1

    The first part of Eaton’s closely watched U.S. Tax Court trial over the company’s financing of a 2012 acquisition has wrapped up, and the judge's questions to witnesses during the first two and a half weeks reveal that he’s leaning the government’s way on at least one of the central questions in the case. Here, Law360 offers five takeaways from the trial held Nov. 3-19, then resuming Dec. 4.

  • November 26, 2025

    6 December Argument Sessions Benefits Attys Should Watch

    Workers who say Prudential mismanaged their retirement savings will ask the Third Circuit to reinstate their class action, while a union pension fund will ask the Eighth Circuit to put General Electric back on the hook for a $230 million in pension withdrawal liability. Here's a look at six upcoming oral argument sessions benefits attorneys should have on their radar.

  • November 25, 2025

    11th Circ. Lets Fla. Enforce Social Media Law Amid Appeal

    A split Eleventh Circuit panel on Tuesday allowed Florida to enforce its law banning children 13 and under from social media while the Sunshine State appeals a lower court's injunction, ruling that Florida Attorney General James Uthmeier is likely to succeed in his argument that the law is constitutional.

  • November 25, 2025

    Kaiser Cleared To Pay $46M For Sharing Data With Tech Cos.

    A California federal judge granted preliminary approval Tuesday to a settlement of at least $46 million from three Kaiser Permanente entities to resolve claims by 13.1 million patients across the country who say it disclosed their information to Google, Microsoft, Twitter and other third parties without consent.

  • November 25, 2025

    Warner Music, Suno Settle AI Suit, Unveil Partnership

    Warner Music Group and artificial intelligence music startup Suno entered a new music creation partnership that also resolves WMG's copyright lawsuit against the AI-powered platform, the companies announced Tuesday, nearly a week after WMG also announced a settlement and collaboration with another AI music generator.

  • November 25, 2025

    AI Jury Simulator Says Fired Co-Founder Stole Trade Secrets

    Artificial intelligence jury simulator Juries.ai sued its recently fired co-founder, claiming he has refused to hand over control of a number of the company's accounts or return its source code and other confidential information, according to a complaint filed in California federal court.

  • November 25, 2025

    Lowe's To Pay $12.5M To Settle Lead Safety Allegations

    Lowe's will pay $12.5 million as part of a proposed settlement resolving the federal government's claims that its contractors failed to follow certain requirements to minimize lead exposure when renovating older homes, the U.S. Department of Justice and U.S. Environmental Protection Agency announced Tuesday.

  • November 25, 2025

    Anthropic Judge Warns Firm Against 'Extortion' In Opt-Out Bid

    A California federal judge doubled down Tuesday on his concerns that Arizona law firm ClaimsHero is misleading authors to opt out of AI company Anthropic's $1.5 billion deal to end copyright infringement claims, saying the firm appears to be seeking "a nuisance settlement" and warning it against a legal strategy he called "extortion."

  • November 25, 2025

    9th Circ. Slams 'Unimpressive Excuses' In L'Oréal Rival's Suit

    The Ninth Circuit on Tuesday refused to revive a trade secrets case against L'Oréal USA Inc., saying the plaintiff company's "unimpressive excuses" for fabricating evidence and other misconduct do not override the district court's conclusion that the proper sanction was to dismiss the case.

  • November 25, 2025

    Oil Giants Sued Over Climate-Linked Rise In Insurance Costs

    The fossil fuel industry spent decades pushing a coordinated disinformation campaign to conceal its central role in climate change, saddling homeowners with a multibillion-dollar increase in insurance costs as disasters grew more frequent and severe, according to a proposed class action filed Tuesday in Washington federal court.

  • November 25, 2025

    Medical AI Co. Accused Of 'Smear Campaign' Against Rivals

    Two rivals of medical artificial intelligence platform OpenEvidence have told a Massachusetts federal judge the startup has used the courts in a campaign of "deceit, harassment and defamation" against competitors.

  • November 25, 2025

    Bloomberg Can't Nix Mike Huckabee's IP Suit Over AI Training

    Bloomberg must face a proposed copyright infringement class action led by former Arkansas Gov. Mike Huckabee alleging the media company used e-books to train its large language model, after a New York federal judge said Monday she can't determine whether the fair use defense applied without "a robust factual record."

  • November 25, 2025

    Ex-Bank GC Faces Garnishments After $7M Restitution Order

    Fidelity Brokerage Services LLC has told the Connecticut federal court it blocked a former Webster Bank general counsel from drawing money from five accounts totaling close to $178,000 in response to recent garnishment actions, presumably filed by prosecutors to satisfy part of a $7.4 million fraud restitution order.

  • November 25, 2025

    Chancery Won't Block Sale In 'War Dogs' Figure Loan Dispute

    A Delaware Chancery judge declined to allow a real estate investor to lift a disputed second mortgage blocking the sale of a distressed Oklahoma apartment complex in a dispute with a hard-money lender the investor says is run by the convicted fraudster whose story was dramatized in the movie "War Dogs."

  • November 25, 2025

    9th Circ. Offers Mixed Ruling On Jack In The Box Wage Claims

    A trial must address whether Jack in the Box willfully deducted too much from workers' wages, the Ninth Circuit ruled on Tuesday, flipping workers' win on claims the fast-food company over-deducted their wages while reviving their claims over deductions for nonslip shoes.

  • November 25, 2025

    ISS Updates Policy For Climate Change, Diversity Proxy Bids

    Proxy advisory firm Institutional Shareholder Services Inc. indicated Tuesday it has updated its policies for backing controversial shareholder proposals on corporate proxy ballots, opting to endorse diversity and climate change-related proposals on a case-by-case basis starting next year.

  • November 25, 2025

    Healthcare Software Founders Sue In Del. For Sale Details

    A couple who sold their healthcare software business to an interest of Elevate RCM Holdings LLC before the buyer allegedly resold it for a reported $1 billion sued for company records in Delaware's Court of Chancery late Monday, seeking documents needed to confirm the deal's fairness.

Expert Analysis

  • Considerations When Invoking The Common-Interest Privilege

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    To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.

  • How In-House Counsel Can Prep Corp. Reps For Depositions

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    With anticorporate sentiment on the rise and jury verdicts against businesses growing larger, it is crucial that witnesses designated to be deposed on behalf of a company be well-prepared — and there are several key points in-house counsel should keep in mind to facilitate this process, says Joseph Altieri at Hollingsworth.

  • Series

    The Law Firm Merger Diaries: Making The Case To Combine

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    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • 1st Trial After FCPA Pause Offers Clues On DOJ Priorities

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    After surviving a government review of Foreign Corrupt Practices Act enforcement, the U.S. v. Zaglin case reveals the U.S. Department of Justice still appears willing to prosecute individuals for conduct broadly consistent with classic priorities, despite the agency's new emphasis on foreign policy priorities, say attorneys at Debevoise.

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • From Bank Loans To Private Credit: Tips For Making The Shift

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    The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.

  • Wells Process Reforms Serve SEC Chair's Transparency Goals

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    Enforcement policy changes U.S. Securities and Exchange Commission Chairman Paul Atkins recently set forth will help fulfill his stated goal of making Division of Enforcement investigations more fair and transparent by changing the Wells process to provide recipients earlier consultations with SEC staff, greater evidence access and more time to file responses, say attorneys at Dechert.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • The Future Of Gen AI Training Amid Reddit Data Scraping Suit

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    Reddit's lawsuit against Perplexity AI is not framed as a classic copyright infringement fight, demonstrating that even when companies avoid fair use claims, the path by which training data is obtained is legally consequential, say attorneys at Troutman Pepper.

  • Navigating Sanctions Against Colombia's Head Of State

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    To limit their exposure from recent sanctions that prohibit dealings with Colombia’s president and specific officials, it is critical that U.S. companies gain a fulsome understanding of potential touchpoints, establish controls to avoid engagement and, if necessary, seek U.S. government approval, say attorneys at Perkins Coie.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • SEC's Dual Share Class Approval Signals New Era For ETFs

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    The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.

  • Class Actions At The Circuit Courts: November Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.

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