The Latest

  • A closeup of Ben and Jerry's ice cream pints.
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    Kevin Dietsch via Getty Images
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    Ben & Jerry’s sues parent company Unilever for stifling its stance on Gaza

    The ice-cream maker said Unilever threatened to “dismantle” its independent board and sue its board members if it issued a statement calling for a “ceasefire” in the region.

  • Then-U.S. Rep. Matt Gaetz (R-Fla.) speaks at a Donald Trump presidential campaign rally.
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    Mario Tama via Getty Images
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    Trump’s DOJ pick has backed tough antitrust actions against big tech

    Even if the controversial nominee is confirmed, it’s not yet clear if his “surprising” antitrust positions will be adopted in the Trump administration, analysts said.

  • Yellow, orange and white paper airplanes head toward an orange umbrella
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    Creative via Getty Images
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    How the role of chief risk officer at banks is evolving

    Bank failures last year forced CROs to take on higher corporate profiles and sharpen their skill sets.

  • Spirit Airlines
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    Brandon Bell via Getty Images
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    Spirit Airlines files for bankruptcy months after JetBlue merger demise

    The company’s prepackaged Chapter 11 filing in New York contemplates much of its creditors’ debt being converted into new equity.

  • FTC, AMG, Section 13(b), Section 19 FTC Act
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    hapabapa via Getty Images
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    FTC sees big drop in consumer relief per dollar spent on enforcement

    The agency blames the Supreme Court’s 2020 AMG decision, which said courts had been improperly allowing the FTC to obtain money as part of an injunction against company practices. 

  • Jay Clayton, SDNY, SEC
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    Chip Somodevilla via Getty Images
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    Trump SDNY pick Clayton led SEC effort to ease IPO rules

    The incoming administration says it wants former SEC Chair Jay Clayton to head the U.S. attorney's office in the Southern District of New York, installing someone regarded as a steady hand.

  • A building with the Smithfield logo is seen
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    The image by Tony Webster is licensed under CC BY-SA 2.0
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    Smithfield pays $2M to settle child labor allegations at Minnesota meat plant

    Children between the ages of 14 and 17 were employed at a processing facility, with most working after 9 p.m., according to a two-year state audit.

  • Elon Musk at presidential rally for president-elect Donald Trump
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    Michael M. Santiago via Getty Images
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    New X CFO received presidential pardon from Trump

    The appointment is “consistent with Musk’s emphasis on loyalty,” a trait he sometimes values over “conventionally ‘safe’ hires,” Cowen Partners’ Shawn Cole said.

  • federal regulation rules
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    Tasos Katopodis via Getty Images
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    The legal pathways for Biden-era rules facing a Trump takedown

    With the Trump administration expected to undo much of its predecessor’s agency-level regulation, here’s a look at how federal rules may play out in the transition.

  • annual shareholder meeting, Olshan Frome Wolosky
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    skynesher via Getty Images
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    Opinion

    Strategies for shareholders to compel annual meetings in jurisdictions outside of Delaware

    Many states can lack clear precedent regarding enforcement of shareholders’ right to a meeting. Counsel can provide guidance by evaluating their state’s procedural vehicles, the ripeness of the case and the scope of relief available.

  • Justice Department Matt Gaetz Congress attorney general
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    Drew Angerer via Getty Images
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    Trump’s contentious AG choice presents Senate majority a test

    The selection of ex-congressman Matt Gaetz serves as an early loyalty exam for Senate Republicans, and may point to several Trump recess appointments.

  • Chipotle, Stradmore, LaCroix, D&O law, portion size
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    Scott Olson via Getty Images
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    Chipotle defrauded investors with inconsistent meal sizes, says plaintiff seeking class action

    The case is an example of securities lawsuits run amok, a directors and officers liability law specialist says. 

  • The Kate Spade logo is seen on a storefront.
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    Drew Angerer/Getty Images via Getty Images
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    Tapestry and Capri terminate merger agreement

    After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and unlikely to be resolved.”

  • state corporate law, Stephen Bainbridge
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    Apu Gomes via Getty Images
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    Don’t let Musk ‘hissy fit’ ruin states’ corporate law role, legal expert says

    Trump’s incoming "efficiency czar” has talked about handing corporation law to the federal government. That’s a bad idea, Stephen Bainbridge of UCLA says.

  • Spirit Airlines
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    Justin Sullivan via Getty Images
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    Spirit Airlines faces a major restructuring, possibly in bankruptcy

    The low-fare carrier is trying to rework more than $1 billion in debt due next year ahead of a bank deadline for credit-card hold-backs.

  • PagerDuty
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    Andrey Popov via Getty Images
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    Q&A

    How a tech GC views AI-enabled efficiencies and regulation

    PagerDuty’s top in-house counsel sees legal AI tools as a way to scale resources without adding headcount while focusing lawyers on their high-value work.

  • A glass building with a sign reading "Fannie Mae."
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    Courtesy of Fannie Mae
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    Fannie Mae investigates potential multifamily mortgage fraud

    The government-sponsored enterprise admitted in its Q3 report that it had experienced financial losses due to loan misrepresentation.

  • The National Labor Relations Board headquarters building on Half Street in Washington, D.C.
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    Ryan Golden/Legal Dive
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    Captive audience meetings are unlawful, NLRB says

    The meetings, a common strategy for employers during union drives, “have a reasonable tendency to interfere with and coerce employees” in the exercise of their rights, the Board decided.

  • A truck passes by the BP refinery
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    Scott Olson via Getty Images
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    Only 16% of global companies on track for 2050 net-zero goals: Accenture

    “The fact that so few of the G2000 companies are on track to reach net-zero emissions is alarming,” the director of shareholder advocacy at Trillium Asset Management told ESG Dive.

  • HSR review, intangible assets, GAAP, FTC, DOJ
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    Motortion via Getty Images
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    GAAP is letting companies get away with anticompetitive mergers, researchers say

    Intangible assets aren’t being captured in the merger review thresholds that federal antitrust agencies rely on, a paper shows.

  • A closeup of a Shein sign directing people around its distribution center. The Shein building is seen in the background, with an American flag.
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    jetcityimage via Getty Images
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    Shein will continue to face RICO charges in copyright infringement lawsuit

    A federal judge denied the fast fashion giant’s request to dismiss racketeering claims.

  • A building is shown with a sign that reads, "Comerica Bank" in the foreground
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    Courtesy of Comerica
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    Comerica sues CFPB over ‘costly’ prepaid card probe

    The agency “failed to acknowledge” that Comerica “generally acted with the oversight … or approval of the federal government” in handling a Treasury Department program, the bank said.

  • FTC chair, Lina Khan, Gail Slater, Mark Meador, Alex Okuliar, Todd Zywicki
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    Chip Somodevilla via Getty Images
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    Column

    Unlike Khan, next FTC chair will likely have private sector experience

    All of the candidates under consideration have practiced in law firms or have had in-house roles, suggesting they’ll bring context that critics say is lacking in the current chief.

  • FTC, noncompete ban, Greg Care
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    Chip Somodevilla via Getty Images
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    FTC noncompete ban likely dead under Trump

    The president-elect is known to be a user of NDAs that function as noncompetes, and the accounting firm behind the successful court challenge to the ban is a Trump tax adviser.

  • A diverse group of six lawyers stand near one another in an office setting
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    VioletaStoimenova via Getty Images
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    Utah Supreme Court proposes apprenticeship path for law graduates

    The trend is in keeping with a larger workforce-wide push toward skills-based hiring.