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CASE ALERT: FTX–Binance Ruling Preserves $1.76 Billion Clawback Claims
The Delaware Bankruptcy Court has issued a significant ruling in the FTX–Binance litigation. See FTX Recovery Tr. v. Binance Holdings Ltd., No. 24-50222, slip op. (Bankr. D. Del. July 24, 2026). In an opinion addressing multiple motions to dismiss, Chief Judge Karen B. Owens permitted the FTX Recovery Trust’s core fraudulent-transfer claims, which seek to…
CONTINUE READINGFTC v. Hims & Hers: Digital Health, Subscriptions, and Privacy in the Spotlight
A new FTC lawsuit against Hims & Hers puts a fundamental digital-business question in the spotlight: When a health-care journey is designed for speed and convenience, are consumers still given a meaningful opportunity to understand and affirmatively accept what happens next? The case is FTC v. Hims & Hers Health, Inc., No. 3:26-cv-07871 (N.D. Cal….
CONTINUE READINGInt’l Brotherhood of Teamsters v. Yellow Corp., Civ. No. 25-307-JLH
Delaware District Court Affirms Disallowance of Federal WARN Act Claims on Alternative Grounds (D. Del. June 29, 2026) I. Executive Summary On June 29, 2026, the U.S. District Court for the District of Delaware affirmed the Bankruptcy Court’s disallowance of federal WARN Act claims brought on behalf of approximately 22,000 Yellow Corporation employees. The court…
CONTINUE READINGWhen Silence Is Golden: The Texas Supreme Court on Disproving Materiality in Medicaid Fraud Claims
In Laboratory Corporation of America Holdings v. State, the Texas Supreme Court took up a closely watched dispute between LabCorp and the State of Texas under the Texas Health Care Program Fraud Prevention Act (formerly the Texas Medicaid Fraud Prevention Act). The State alleged that LabCorp had violated Medicaid billing regulations for over twenty years…
CONTINUE READINGThe $100 Million Lesson for Controlling Shareholders in Texas
A jury in Travis County recently returned a unanimous verdict against the majority shareholder of one of Texas’s largest privately held waste management companies. The combined damages, which spanned claims for breach of fiduciary duty, unjust enrichment, breach of contract, and exemplary damages, likely exceed $100 million. The jury also found that the controlling shareholder…
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