Business Law and Corporate Law

International restaurant expansion often generates legal problems before anyone believes there is much legal work to do. A team finds a location and negotiates the lease before confirming that the hours, the liquor service, and the patio are permitted at that address. An executive chef flies in to train the kitchen on a visitor stamp.

On July 9, 2026, the United States District Court for the Central District of California issued its decision in So Cal Storage, LLC et al. v. UNITS Franchising Group, Inc., 2026 WL 2045621 (C.D. Cal. July 9, 2026), granting a franchisor's motion to dismiss the franchisees’ claims arising from alleged misrepresentations, software failures, vendor restrictions, and misuse of advertising fund contributions.

Vice President and Chief Administrative Officer of Arthur M. Blank Sports and Entertainment, Nick Brown, discusses his transition from private practice to the business side of sports, sharing insights on overseeing operations for an ownership group with franchises spanning multiple professional leagues. The conversation explores the skills that shaped his career, the unique challenges of working in a multi-team sports organization, and the evolving legal and business landscape of professional sports.

The SEC has submitted a rule proposal titled "Executive Compensation Disclosure Reform" to the White House's Office of Information and Regulatory Affairs, signaling imminent changes to executive compensation disclosure requirements. This development follows SEC Chairman Paul Atkins' earlier indication of broader reform plans, including potential simplification of pay-versus-performance disclosure and revisions to perquisite reporting.

The Treasury Department formally declined a request from a group of Senate Democrats to change the tax rules governing how employees value personal use of employer-provided aircraft, preserving the Standard Industry Fare Level (SIFL) valuation method.

The Securities and Exchange Commission has submitted three significant draft proposed rules to the White House for review, targeting executive compensation disclosure requirements, proxy solicitation procedures, and shareholder proposal regulations. These proposals signal a potential shift toward streamlining compliance burdens and refocusing disclosure...

Skadden attorneys examine the unique legal considerations in insurance brokerage M&A transactions, exploring how deal structures must be carefully crafted to protect value in a people-driven business where client relationships and key personnel are paramount. The discussion covers earn-outs, reinvestment mechanics, restrictive covenants, and bespoke warranty packages tailored to the distinctive nature of brokerage deals.

Scott Ellis is a legal professional at Foley & Lardner LLP, where he provides counsel to clients across various practice areas. His expertise and experience position him to deliver strategic legal solutions tailored to complex business challenges. Contact information and professional details are available for those seeking his legal services.

Ankura's latest insights explore critical intersections of technology, security, and business strategy. From AI coding vulnerabilities threatening developer tools to the evolving challenges of trade secret protection in an AI-driven economy, these analyses examine how organizations must adapt their approaches to risk, compliance, and operational resilience in rapidly changing digital and regulatory landscapes.

The Delaware Court of Chancery issued the first opinion analyzing the DGCL Section 144 safe harbors in the context of a challenged merger transaction involving a conflicted director/officer, holding the safe harbors were unavailable at the pleading stage but dismissing most defendants under common law protections.

When a hurricane warning is issued and your HOA faces immediate damage requiring emergency repairs, can your board legally authorize unbudgeted expenditures without a full meeting? This analysis examines the legal framework governing emergency authority for North Carolina community association boards, exploring how boards can act decisively during crises while maintaining proper documentation and fiduciary compliance.

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