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Corporate

  • July 28, 2025

    Cadence To Pay $140M For Illegal Chip Design Exports To China

    Semiconductor technology company Cadence Design Systems agreed to pay over $140 million and plead guilty to criminal conspiracy to commit export control violations to resolve charges that it exported semiconductor design tools to a restricted Chinese military university, U.S. Department of Justice officials announced Monday.

  • July 28, 2025

    Rocket Cos. Investor Ends Fraud Suit After Class Cert. Denial

    A pension fund that had previously attempted to lead a suit in Michigan federal court against Rocket Companies Inc. has agreed to drop all its claims in the shareholder litigation accusing the mortgage business of concealing a downturn in loan volume.

  • July 28, 2025

    Tesla Defends Autopilot Technology At Trial Over Fatal Crash

    Tesla vehicles with autopilot engaged reported fewer crashes than those without, a Tesla corporate representative told jurors Monday in a trial over a fatal Florida Keys crash.

  • July 28, 2025

    Perplexity's TM Infringement Confuses Its Own AI, Comet Says

    Software company Comet ML asked a California federal judge to tighten up a preliminary injunction in its trademark infringement dispute with Perplexity AI to protect against consumer confusion, saying the artificial intelligence company's own chatbot confuses the two companies' services.

  • July 28, 2025

    FCC Pushed To Rescind Biden-Era Cybersecurity Ruling

    Several telecom trade groups have urged the Federal Communications Commission to pull back a ruling from early this year that imposed new cybersecurity requirements on providers in the aftermath of the Salt Typhoon cyberattack by actors linked to the Chinese government.

  • July 28, 2025

    Florida's AG Announces 'Climate Cartel' Investigation

    Florida's attorney general announced Monday that he is investigating whether two greenhouse gas emission reduction groups violated state consumer protection or antitrust laws for allegedly coercing companies into disclosing proprietary information.

  • July 28, 2025

    Sony Sues Tencent To Block China Co.'s Video Game 'Rip-Off'

    Sony Interactive Entertainment LLC has sued Tencent Holdings Ltd. and subsidiaries of the Chinese technology giant in California federal court to prevent the release of Tencent's video game Light of Motiram, claiming it's a "clone" of Sony's popular Horizon video game series.

  • July 28, 2025

    DraftKings Escapes Class Action Over $1,000 Bonus Promo

    A Brooklyn federal judge dismissed a proposed class action targeting a DraftKings promotion promising $1,000 in bonus funds for new customers, finding Monday that the online betting giant properly explained that the funds were subject to specific requirements.

  • July 28, 2025

    Insurers Sued Over Refusal To Cover Arbitration Defense

    Institutional financial services venture StoneX Group Inc. sued XL Specialty Insurance Co., Ironshore Indemnity Inc. and others in Delaware state court, alleging multiple unjustified refusals to provide defense coverage in arbitration over trade secret and no-compete violations by five employees.

  • July 28, 2025

    Walmart Makes Deal After $223M Loss In Trade Secrets Trial

    Walmart Inc. has reached a settlement with Zest Labs Inc. to end a suit accusing the retail behemoth of using Zest Labs' trade secrets related to shelf-freshness technology after a jury awarded the company $223 million in damages, according to a Monday court order.

  • July 28, 2025

    Garbage Truck Co. Fights $58.9M Verdict, Seeks New Trial

    A garbage truck manufacturer hit with a $58.9 million verdict for allegedly poaching a fleet management company's executive to create a competing business has asked an Illinois federal court for a new trial or a damages reduction, saying the plaintiff presented a speculative lost-profits damages theory.

  • July 28, 2025

    Firms Rip Ford's 'Retaliatory' RICO Suit Over Lemon Law Bills

    Knight Law Group LLP and other firms urged a California federal judge Friday to toss The Ford Motor Co.'s allegations they conspired to dupe clients and defraud automakers by inflating billing, arguing that the racketeering claims are "retaliatory," insufficient and time-barred, and the firms are shielded under the Noerr-Pennington doctrine.

  • July 28, 2025

    NC Rep.'s CBD Co. Hits Biz Partners With $1.6M Counterclaim

    Asterra Labs LLC, a hemp and CBD company run by North Carolina State Rep. John Bell, has filed a $1.6 million counterclaim against companies that alleged this month that Asterra used Bell and others' political influence to coerce them into a bad deal, asserting it was the plaintiffs who defrauded Asterra and others.

  • July 28, 2025

    DOL Seeks Small Biz Input On Pooled Retirement Plans

    The U.S. Department of Labor asked small businesses for feedback Monday on whether there should be more conflict-of-interest guardrails on pooled employer retirement plans, and what barriers prevent employers from trusting the newly structured benefit vehicles.

  • July 28, 2025

    DOL's Job Corps Closure Was Unlawful, DC Judge Rules

    A D.C. federal court granted a group of students' request for a preliminary injunction against the U.S. Department of Labor for its decision to close 99 Job Corps centers, saying the department's move was unlawful and "unprecedented."

  • July 28, 2025

    J&J Loses Bid To Probe Beasley Allen Talc Litigation Funding

    A special master found Monday there is no reason to believe third-party funders are influencing Beasley Allen Law Firm's decisions in a massive talc litigation in New Jersey, defeating a subpoena from Johnson & Johnson digging into alleged third-party litigation funding.

  • July 28, 2025

    Catching Up With Delaware's Chancery Court

    A Delaware vice chancellor last week sent several coordinated derivative suits seeking millions of dollars in damages from AT&T to trial and also chose a boutique firm to lead a potential "blockbuster" suit challenging a take-private deal of a sports and entertainment group after "heated" attacks between competing counsel.

  • July 28, 2025

    Judge To Weigh If FTX Prosecutors Broke Plea Promise

    A Manhattan federal judge said Monday he will investigate an allegation by crypto lobbyist Michelle Bond that she was charged with campaign finance crimes despite a promise that a guilty plea by her husband, former FTX executive Ryan Salame, would leave her in the clear.

  • July 28, 2025

    Merger Settlements Return As Enforcers Keep Busy

    The first half of 2025 saw a string of settlements by the Federal Trade Commission and the U.S. Department of Justice allowing mergers to move forward, a marked shift from the prior administration.

  • July 28, 2025

    Biotech GC Says She Was Ousted Amid 'Systemic' Bias

    A former general counsel at Massachusetts life sciences firm Repligen has filed a lawsuit in state court claiming that a pervasive culture of gender bias led to her and other women being treated differently and paid less.

  • July 25, 2025

    Social Media Cos. Score Toss Of 2022 Mass Shooting Suit

    A divided New York state appeals court on Friday dismissed a lawsuit that sought to hold Meta, Google and other social media companies liable for a fatal 2022 mass shooting that targeted Black people in Buffalo, New York, saying federal law shielded the companies from liability for the shooter's acts.

  • July 25, 2025

    OpenAI Urges 9th Circ. To Ax Injunction In Trademark Dispute

    OpenAI has asked the Ninth Circuit to vacate an injunction temporarily blocking it from using the trademark associated with acquired competitor IO Products Inc., slamming the litigation as a "transparent attempt to exploit the recent merger announcement."

  • July 25, 2025

    AI Tech Co. Execs Sued Over Insider Trading, Related Claims

    A UiPath stockholder has sued the company's current and former top brass in Delaware Chancery Court, alleging they schemed to discount UiPath's artificial intelligence-related services to pump up business while trading on insider information and reaping more than $500 million in total proceeds.

  • July 25, 2025

    Real Estate Recap: Private REITs, Farms, Crypto In Escrow?

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney perspectives on private real estate investment trusts, national security concerns raised by farmland and a recent California listing that could lead to the state's largest real estate deal using digital currency.

  • July 25, 2025

    Texas Justices Leave Atty Fees In UDJA Cases Alone, For Now

    The Texas Supreme Court declined to take up a case dealing with attorney fees in suits where a court defines a legal relationship, but in a Friday opinion one justice wrote that the court will eventually need to address how jurisdiction plays into the issue.

Expert Analysis

  • How Cos. In China Can Tailor Compliance Amid FCPA Shifts

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    The U.S. Department of Justice’s recently updated Foreign Corrupt Practices Act enforcement guidelines create a fluid business environment for companies operating in China that will require a customized compliance approach to navigate both countries’ corporate and legal systems, say attorneys at Dickinson Wright.

  • SEC, FINRA Obligations In Changing AI Regulatory Landscape

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    Despite the U.S. Securities and Exchange Commission's recent withdrawal of its proposed artificial intelligence conflict rules, financial regulators remain focused on firms developing the correct AI compliance framework, as well as continuously testing and supervising them to ensure they're fit for purpose, say attorneys at Cahill Gordon.

  • Opinion

    DOJ's HPE-Juniper Settlement Will Help US Compete

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    The U.S. Department of Justice settlement with Hewlett Packard Enterprise clears the purchase of Juniper Networks in a deal that positions the U.S. as a leader in secure, scalable networking and critical digital infrastructure by requiring the divestiture of a WiFi network business geared toward small firms, says John Shu at Taipei Medical University.

  • Anthropic Ruling Creates Fair Use Framework For AI Training

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    A California federal court’s recent ruling that Anthropic’s use of copyrighted books to train its large language model qualified as fair use provides important guidance for both artificial intelligence developers and copyright holders because it distinguishes between transformative uses and unauthorized uses involving pirated or format-shifted works, say attorneys at Ropes & Gray.

  • Series

    Playing Baseball Makes Me A Better Lawyer

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    Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.

  • Ultra-Processed Food Claims Rely On Unproven Science

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    Plaintiffs' arguments that ultra-processed foods are responsible for the nationwide increase in certain chronic illnesses, though a novel approach to food-based personal injury claims, depend on theories that are still being tested, say attorneys at DLA Piper.

  • APA Relief May Blunt Justices' Universal Injunction Ruling

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    The Administrative Procedure Act’s avenue for universal preliminary relief seems to hold the most promise for neutralizing the U.S. Supreme Court’s decision in Trump v. CASA to limit federal district courts' nationally applicable orders, say attorneys at Crowell.

  • Series

    Ohio Banking Brief: All The Notable Legal Updates In Q2

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    Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.

  • Building Better Earnouts In The Current M&A Climate

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    In the face of market uncertainty, we've seen a continued reliance on earnouts in M&A deals so far this year, but to reduce the risk of related litigation, it's important to use objective standards, apply company metrics cautiously and ensure short time periods, among other best practices, say attorneys at White & Case.

  • Managing Risks As State AGs Seek To Fill Enforcement Gap

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    Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

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    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • A Look At Trump 2.0 Antitrust Enforcement So Far

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    The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.

  • Reform Partly Modernizes Small Biz Stock Gains Exclusion

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    Changes to the Internal Revenue Code in the One Big Beautiful Bill Act update the qualified small business stock gains exclusion to reflect inflation, but the regime would be more in line with current business realities if Congress had also made the exemption available to additional business structures, says Mark Parthemer at Glenmede.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

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