Business Law and Corporate Law

The opposing party issues a subpoena to the AI platform to obtain their adversary’s “prompts” to the AI company, arguing their AI software is not an attorney and their opponents’ “prompts” to the software...

Artificial intelligence tools are transforming legal practice, but they come with significant risks that attorneys and clients must understand. A recent federal court decision found that using public AI chatbots may waive attorney-client privilege, while courts continue to sanction lawyers for AI-generated errors in filings. Learn what steps legal departments should take to protect privileged communications and maintain ethical standards when using AI technology.

Recent court decisions reveal conflicting approaches to whether communications with generative AI tools waive attorney-client privilege or work product protection, creating significant uncertainty for companies handling sensitive legal and proprietary information. Life sciences companies face heightened risks as they increasingly rely on AI tools while managing confidential clinical data, regulatory strategies, and intellectual property that may become subject to discovery in future litigation.

The District of Columbia's Department of Energy and Environment has issued a Second Proposed Rulemaking that fundamentally shifts its approach to regulating underground storage tanks over 30 years old. Rather than requiring automatic removal based solely on age, the new framework would allow continued operation through a testing-based compliance system.

Federal banking regulators have issued new guidance addressing credit risks when lending to individuals not legally authorized to work in the United States, following a presidential executive order directing agencies to examine financial services extended to undocumented immigrants. The guidance emphasizes existing safety-and-soundness obligations while raising questions about how institutions should balance risk management with fair lending principles and access to mainstream credit.

On June 24, the California Air Resources Board (CARB) announced a three-month delay of the initial reporting deadline under SB 253 (the Climate Corporate Data Accountability Act) requiring in-scope entities to report Scope 1 and Scope 2 greenhouse gas (GHG) emissions relating to 2025.

The Umbrella Partnership-C Corporation structure has evolved from a niche tax-efficient IPO vehicle into a mainstream mechanism for pre-IPO insiders seeking liquidity while preserving partnership tax treatment. However, the same structural features that make Up-Cs economically attractive may create recurring dilution issues when insiders influence tax distributions or liquidity flows between the private operating partnership and public corporation.

As artificial intelligence tools enter corporate boardrooms to assist with analysis, transcription, and recordkeeping, directors face a critical question: how can they harness AI's efficiency gains while managing the fiduciary, legal, and confidentiality risks these technologies introduce? This analysis examines how traditional duties of care and oversight apply to boards' own use of AI, and provides a framework for capturing the benefits while protecting sensitive deliberations.

Recent research reveals that approximately 25% of active venture capital funds faced litigation between 2014-2025, challenging the industry's self-perception as non-litigious. As startups remain private longer and raise unprecedented capital, VCs find themselves increasingly named as defendants due to their governance involvement and status as solvent parties when portfolio companies fail. What does this emerging litigation landscape mean for how venture investors approach board participation, operational i

Two federal appellate courts reached opposite conclusions when reviewing the same change-in-control severance plan's discretionary authority clause, with the Fifth Circuit applying deferential abuse of discretion review while the Tenth Circuit used de novo review. The divergent outcomes highlight critical considerations for employers drafting severance plans and seeking to ensure maximum judicial deference to administrator decisions.

Regulation S-K governs the narrative disclosure requirements for SEC filings, covering everything from business descriptions and risk factors to MD&A and executive compensation.

As public scrutiny and threats against corporate leaders intensify, more companies are investing in comprehensive security packages for senior executives.