Two weeks ago, Delaware enacted a series of amendments to its corporation law, as it does every summer.  Unlike every other summer, two weeks after the amendments went into effect, those who watch the Court of Chancery closely are still offering public critique. But alongside that discussion, a secondary debate…

Federal regulators have slammed 26 financial services companies with more than $470 million in fines for failing to save employees’ electronic communications. The punishments, announced Wednesday, are part of the agencies’ ongoing efforts to enforce rules requiring financial companies to retain so-called off-channel communications, such as WhatsApp and WeChat messages, so that…

A new class action brought on behalf of a nine-year-old plaintiff and her guardian accuses Apple of intentionally failing to address a recurring problem with child sexual abuse material on its data storage platform, iCloud. The suit, filed Tuesday in the U.S. District Court for the Northern District of California by the Buche Law…

Linklaters is advising Universities Superannuation Scheme on the acquisition of 3,000 homes from Sage Homes, a Blackstone-backed U.K. housebuilder, for £405 million. Devonshires is acting for Sage, while Simpson Thacher & Bartlett is advising Blackstone.

In an era where large law firms are making significant upgrades to their partner pay systems and competing harder than ever to grow, more firms are growing the spread of highest-paid to lowest-paid equity partners. Still, a handful of firms in the Am Law 200 stand out as having a particularly…

At least nine large law firms drew work from the Securities and Exchange Commission’s latest enforcement action this week against 26 broker-dealers, corporate insiders and others for widespread recordkeeping failures. Davis Polk & Wardwell; Sidley Austin; Foley & Lardner; Milbank; Wilmer Cutler Pickering Hale and Dorr; King & Spalding; K&L…