Bloomberg Law

Justices’ Look at Overtime Exemption Proof Raises Legal Risk

The US Supreme Court’s upcoming review of the burden of proof for showing that workers are exempt from federal overtime requirements threatens to reshape the way wage-and-hour litigation plays out and alter how companies approach the issue.

Dueling Decisions Spur Employer Confusion on 401(k) Forfeitures

Employers tasked with reallocating 401(k) assets forfeited by former employees are encountering a wave of litigation alleging the misuse of plan funds, as well as emerging disagreement between judges on these suits’ viability.

SEC’s AI Crackdown Signals Trickle of Cases Will Turn to Flood

A spate of recent US enforcement actions is likely just the beginning of a crackdown on companies overhyping artificial intelligence to investors.

Delaware Corporate Law Amendments Headed to Governor’s Desk

Amendments to Delaware corporate law that seek to overturn a landmark court decision invalidating some contracts between corporations and powerful investors are on their way to Gov. John Carney’s (D) desk.

Lobbyists See Demand for Guiding CEOs in Hostile Hill Hearings

It’s been a bruising Congress already for top corporate executives, from TikTok to Boeing, and lobbyists say they expect more to come as lawmakers look to put a spotlight on tech, pharmaceutical, aviation, and other industries.

Latest Stories

Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

DOJ Says It Still Hasn’t Decided Whether to Prosecute Boeing

The <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"00000190-3c75-d497-a7fb-fc7db8d70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Justice Department told attorneys for families of victims of two fatal 737 Max crashes that it still hasn’t decided whether to pursue criminal charges against Boeing Co., after determining last month the planemaker had breached a 2021 agreement with the government.

American Airlines Must Head to Trial Over ESG 401(k) Funds

American Airlines Group Inc. must face a pilot’s claims that its 401(k) plan is loaded with investments geared toward “leftist political agendas,” using environmental, social, and corporate governance strategies, a judge ruled Thursday.

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Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay (1)

Lawyers for Elon Musk say a shareholder vote last week approving the Tesla Inc. co-founder’s <-bsp-bb-link state="{"bbDocId":"S83XOHT1UM0W","_id":"00000190-3c91-d497-a7fb-fc9d301c0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">$56 billion pay package should delay a hearing on the award of billions of dollars in fees to the lawyers who challenged it.

Chevron Must Pay $120 Million to Family-Owned Oil Company

A Chevron Corp. subsidiary lost its bid for a new trial and must pay $120 million for damaging an oil company’s field, a California appeals court ruled on Friday, emphasizing the importance of efficiency in the jury selection process.

Justices Rule on Guns, Abortion as End of Term Nears

How the Wealthy Are Prepping for an Estate Tax Clip (Podcast)

Companies, Countries Respond to the Global Minimum Tax

You Can Create Award-Winning Art With AI. Can You Copyright It?

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