SEC stays climate-risk disclosure rule as it works through legal challenges

The agency maintains that the regulation is within the agency’s authority and said it “will continue vigorously defending the Final Rules’ validity in court.”

OSHA publishes final employee walkaround rule

The May 31 change reverts to a long-standing practice that gives employees the right to select a third-party advocate to accompany an inspection.

FTC, DOJ consider hotel price-fixing case

The agencies filed a statement of interest in a case concerning casino hotels’ use of a pricing algorithm, a practice coming under increasing scrutiny.

Commercial Chapter 11s jump 43% even as distress outlook eases

Bankruptcy filings have risen for 20 months. The pace wasn’t sustainable in today's strong economy, American Bankruptcy Institute’s Chris Ward says.

Citi asks judge to toss NY AG’s fraud reimbursement suit

The bank called Letitia James' lawsuit against the bank a "misguided attempt" to modify the Electronic Fund Transfer Act, when a different law covers wire transfers.

3M PFAS settlement gets final approval

The chemical giant will start making payments on the $10.5 billion settlement in Q3 of this year.

Why the Corporate Transparency Act is in legal limbo

Legal views differ on whether businesses should proceed as if the law applies or can safely disregard it while the government appeals a court ruling that deems it unconstitutional.

Baltimore bridge ship owner seeks $43.7M liability limitation

Total cost of the collapsed bridge disaster is expected to be as high as $4 billion, leaving a huge gap if the petition is granted.

Latitude Legal hires Alex Su to help fuel growth

The flexible talent provider is hoping the well-known legal professional can raise awareness about the company’s offerings for legal departments and law firms.

Resignations head off antitrust action against Warner Bros. Discovery

Two board members stepped down after learning the Department of Justice was looking into whether their roles at another company created competition concerns.

Former AECOM exec sues over alleged ageism, profit inflation

Jay Badame’s lawsuit claims the Dallas-based mega-contractor fired him due to his age and for questioning the firm’s earnings statements, according to The Real Deal.

Six-and-a-half-month discovery ‘implicitly waived’ employer’s right to arbitrate

The case follows a 2022 U.S. Supreme Court ruling that struck down federal courts’ arbitration-specific procedural rules.

AT&T slapped with class action suit over massive data breach

The breach was a direct result of AT&T’s failure to implement adequate cybersecurity procedures, the suit alleges.

Reinsurers are expected to cover most Baltimore bridge costs

The legal battle will be over who pays for what in the shipping accident that could cost as much as $4 billion.

Cybersecurity planning: A critical responsibility for in-house counsel

For legal leaders, data protection can’t be treated as an afterthought; it must be understood as a foundational business principle.

How general counsel are keeping core legal work in-house

Technology and alternative legal service providers can help, but it’s also important to hand off low-level work to other functional areas within the organization, say legal leaders.

Bloomberg Law report could fuel litigation finance disclosure push

The publication details how the gray area of law occupied by third-party funding of legal cases could enable Russian oligarchs to evade sanctions. 

How companies describe cyber incidents in SEC filings

The words businesses use in cybersecurity disclosures matter. They can channel confidence in the recovery process, potential impacts and legal liabilities.

Amex gets entangled in Visa-Mastercard settlement

The settlement gives merchants the ability to surcharge for nearly all Visa and Mastercard credit card transactions, and puts pressure on American Express to allow the same. 

RFK Jr.’s VP pick is a patent tech entrepreneur

Nicole Shanahan spent 15 years helping companies create, manage and monetize patents before selling her company to one of the country’s biggest patent trolls.

Dole calls off sale of fresh vegetables division amid DOJ opposition

The Justice Department said the $293 million cash deal with Fresh Express, announced in January 2023, would have reduced competition and led to higher prices.

What employers need to know about union organizing in 2024

The game has completely changed in the wake of the Cemex decision, attorneys from Cozen O’Connor said in a March 21 webinar.

SEC asks 8th Circuit not to pause climate rule pending challenges

The agency said Liberty Energy and Nomad Proppant Services have “identified no imminent harm” that would justify halting the rule’s implementation.

Invisible assets, visible impact: Understanding the patent advantage

Protecting your company’s intellectual property by developing a patent strategy isn’t typically a priority for general counsel, but it should be if you want to fully monetize your company’s assets. 

Mississippi hits BlackRock with cease and desist order over ESG investments

The secretary of state accused the world’s largest asset manager of securities fraud and said it could face a multimillion-dollar administrative penalty.