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  • John C. Coffee, Jr.: Event Contracts and Prediction Markets Comment bubble 3 By John C. Coffee, Jr.
  • Leveraging Information Forcing in Good Faith By Hillary Sale
  • The Dark Side of Safe Harbors Comment bubble 2 By Susan C. Morse
  • John C. Coffee, Jr. – Mass Torts and Corporate Strategies: What Will the Courts Allow? By John C. Coffee, Jr.
  • Compliance’s Next Challenge: Polarization By Miriam H. Baer
  • Will the Common Good Guys Come to the Shootout in SEC v. Jarkesy? And Why It Matters By Eric W. Orts
  • Climate Disclosure Line-Drawing and Securities Regulation By Virginia Harper Ho
  • Board Committee Charters and ESG Accountability By Lisa M. Fairfax
Editor-At-Large Reynolds Holding

The CLS Blue Lion logo Sky Blog

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Columbia Law School's Blog on Corporations and the Capital Markets

Editorial Board John C. Coffee, Jr. Edward F. Greene Kathryn Judge

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Donald Trump

Shadow SEC: FCPA Books and Records Requirements Must Be Vigorously Enforced

By John Coates, John C. Coffee, Jr., James D. Cox, Merritt B. Fox and Joel Seligman May 12, 2025 by renholding

President Trump signed on February 10 an executive order (the “Executive Order”)[1] directing the U.S. Attorney General over the next 180 days to (i) review the guidelines and policies governing investigations and enforcement actions under the Foreign Corrupt Practices …

1 Comment  

Morrison & Foerster Discusses FCA Risk to Federal Contractors of Trump’s DEI Certification

By Sandeep N. Nandivada and Andrew R. Turnbull February 20, 2025 by renholding

On January 21, 2025, President Trump signed an executive order titled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” (the “Order”), rescinding affirmative action under Executive Order 11246 and other anti-discrimination policies applying to federal contractors. We provided an …

How Low Can You Go?:  DOGE and the SEC

By Scott Kimpel November 27, 2024 by renholding

The proposed Department of Government Efficiency (“DOGE”) in incoming President Donald J. Trump’s administration promises an ambitious agenda of “regulatory rescission, administrative reductions and cost savings” with the goal of “mass head-count reductions across the federal bureaucracy” by July 4, …

1 Comment  

Ropes & Grey Discusses Second Trump Administration’s Implications for Asset Managers

By James D. McGinnis, Joshua A. Lichtenstein, Jonathan M. Reinstein and Jeremiah Williams November 15, 2024 by eorozco

On Wednesday, November 6, 2024, major media outlets announced Donald J. Trump as the winner of the 2024 U.S. presidential election.  This alert discusses the potential impact of Mr. Trump’s election on the U.S. Securities and Exchange Commission (the “SEC”) …

Introducing Unilateral Choice-of-Law Clauses

By John Coyle June 3, 2024 by renholding

Over the past decade, so-called “unilateral” or “asymmetric” forum selection clauses have attracted a lot of attention. A unilateral forum selection clause does not name a court in which to resolve disputes at the time of …

Why Criminal Recordkeeping Laws Are Justified, Including in the Case Against Trump

By Andrew Jennings April 9, 2024 by renholding

In March 2023, Donald Trump became the first former U.S. president to be charged with a crime. And barring any last-minute delays, next week he will become the first former U.S. president to stand trial as a criminal defendant. Trump’s …

1 Comment  

John C. Coffee, Jr. – The Trump Civil Trial: Has Anyone Looked at the Statute?

By John C. Coffee, Jr. November 21, 2023 by renholding

The end is in sight for New York Attorney General Letitia James’ suit against Donald Trump, but the most important questions have still not been posed or addressed. Indeed, much has proceeded in the reverse of the usual order. The …

1 Comment  

John C. Coffee, Jr. – The Trump Indictment: Right Man, Wrong Crime

By John C. Coffee, Jr. April 10, 2023 by renholding

This will be a cold-blooded, objective look at the Trump indictment by someone who can be fairly described as a “Trump-hater.” To date, in the outpouring of commentary on the Trump prosecution, efforts at moderation have been lacking. For example, …

1 Comment  

John C. Coffee, Jr.: The Indicting of Trump and How to Avoid the Pitfalls

By John C. Coffee, Jr. March 21, 2023 by renholding

The indictments of Donald Trump have begun to come down. New York will be first, but Special Counsel Jack Smart in Washington and the district attorney in Fulton County, Georgia, (Fani Willis) could follow shortly.

Lest there be any doubt, …

1 Comment  

A New Podcast Debuts: The Cutting Edge

By Reynolds Holding July 21, 2022 by renholding

Today, the Blue Sky Blog launches its newest podcast series, The Cutting Edge: Current Issues in White Collar Crime and Corporate Governance. The series features top scholars, lawyers, and other esteemed figures in the legal world discussing breaking developments in …

Skadden Discusses How Companies Can Prepare for U.S. House Investigations

By Margaret E. Krawiec, David B. Leland and Ivan A. Schlager November 14, 2018 by pss2150

For the past several years, Republican majorities in the House of Representatives and Senate have dictated the agenda of Congress. But Democrats will take control of the House in January 2019, thereby regaining the ability to control committee and subcom­mittee …

Cutting Disclosure Frequency Is the Wrong Solution to the Wrong Problem

By Charles K. Whitehead August 27, 2018 by renholding

President Trump has directed the Securities and Exchange Commission to study whether a public company’s reporting requirements should shift from a quarterly to semi-annual schedule.  Doing so, according to the president, “would make business (jobs) even better in the U.S.” …

Bagman, Fixer, Lobbyist, and Lawyer: Can Michael Cohen Combine All These Roles?

By John C. Coffee, Jr. May 14, 2018 by renholding

Once a legal unknown, Michael Cohen made it last week to the front pages of both the New York Times and the Wall Street Journal. Charges swirl around him as the personal fixer for President Trump and the alleged …

1 Comment  

Antitrust and Economic Liberty: A Policy Shift from the Trump Administration?

By Joseph Coniglio February 23, 2018 by renholding

For the past 40 years, U.S. antitrust law has been understood as a consumer welfare prescription against conduct leading to higher prices, reduced output, and lower quality or innovation.  A growing number of commentators argue, however, that this understanding of …

Porn Star Might Talk Despite Confidentiality Agreement

By Victor P. Goldberg February 21, 2018 by renholding

When Michael Cohen, President Donald Trump’s personal lawyer, acknowledged paying $130,000 of his own money to Stephanie Clifford (aka Stormy Daniels), the porn star who once claimed to have had an affair with Trump, Clifford’s lawyer announced that Cohen had …

Skadden Discusses Antitrust Enforcement in the Trump Administration

By Maria Raptis April 19, 2017 by Jeff Himelson

Although the Trump administration has announced only one of its selections for top positions at the Antitrust Division of the U.S. Department of Justice (“DOJ”) or the Federal Trade Commission (“FTC”), the election of President Donald J. Trump sets the …

Kirkland & Ellis Discusses Trump’s Trade Agenda

By Jeff Himelson April 17, 2017 by Jeff Himelson

In late March, the Trump administration took several steps to begin implementation of its “America First” international trade agenda. We note three actions in particular:

First, President Trump signed an executive order directing the Secretary of Commerce and the U.S. …

Trumping the Constitution

By John C. Coffee, Jr. January 23, 2017 by renholding

Buried deep in Article I of the U.S. Constitution is an obscure provision known as the “Emoluments Clause.”  In relevant part, it provides that:

“[N]o person holding any Office of Profit or Trust under them, shall, without the consent of …

Shareholder Activism in the Era of Trump: What Strategy Works?

By John C. Coffee, Jr. November 21, 2016 by renholding

In the approaching Era of Trump, we are likely to see much deregulation, reduced public enforcement, and possibly some curbs on private enforcement.  Corporate compliance efforts may also be downsized, and compliance officials may learn again to defer to the …

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Each business day, our team sifts through blog posts, news stories, and other sources to keep up-to-date on relevant recent developments. The following links will take you to our recommended selections. To see the sources we follow click Filter Sources.

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Wall Street Journal
CVS Will Break Off Pharmacy Business
November 4, 2026
Financial Times
Murdoch Media Empire Cools on Trump
November 4, 2026
Securities Suit Claims Tariff Risk Used to Suppress Deal Value
November 4, 2026
Deal Lawyers.com
Delaware Judge OKs Cloudflare Interlocutory Appeal on “Good Faith”
November 4, 2026
Business Law Prof Blog
Blue Texas May Be Good for Delaware
November 4, 2026
Reuters
Lawmakers Query McDonald’s Pricing
November 3, 2026
Bloomberg
Binance Hackers Used Fake Interviews
November 3, 2026
Wall Street Journal
Ex-Bitcoin MIners Find AI No Easier
November 3, 2026
Freshfields' A Fresh Take
SEC Issues Exam Priorities for 2027
November 3, 2026
Financial Times
Ex-Weil Partners Lawyer Up for Equity
November 3, 2026
Bloomberg
Goldman Limits Trader, Banker AI Use
November 2, 2026
Wall Street Journal
Europe’s Pension Covenant Unraveling
November 2, 2026
New York Times
Marvell, Lumentum in $115bn Merger
November 2, 2026
Financial Times
Fox News Ratings Suffer Sharp Drop
November 2, 2026
D&O Diary
Texas Courts Begin to Define the Consequences of Reincorporation
November 2, 2026
Bloomberg
Is Colombia at Risk of a Default?
November 1, 2026
Financial Times
Binance Users Pull $3.6bn on Restart
November 1, 2026
D&O Diary
SEC Enforcement Dropped in 2026
November 1, 2026
Deal Lawyers.com
Delaware Chancery Interprets SB 21’s “Controlling Stockholder” Definition
November 1, 2026
Business Law Prof Blog
SEC-ISS Tiff Deserves More Attention
November 1, 2026
Bloomberg
Nvidia CEO Says Spy-Firm Ties Normal
October 29, 2026
Wall Street Journal
Hack Costs Polymarket Users Millions
October 29, 2026
New York Times
DoorDash to Buy Instacart for $17bn
October 29, 2026
Financial Times
What Killed Law Firm Weil Gotshal?
October 29, 2026
D&O Diary
Honeywell Aerospace Sued After FCA Cybersecurity Settlement
October 29, 2026
Reuters
Bloomberg Pays for Faster Trump Posts
October 28, 2026
Dealbook
Biden Trustbusters Start AI Legal Biz
October 28, 2026
Financial Times
Weil Gotshal Leaders Say Dissolve Firm
October 28, 2026
Cleary Securities Watch
SEC Flags Group Formation and “Passive Investor” Status Risks
October 28, 2026
Sidley Enhanced Scrutiny
Delaware Chancery Says Privilege Protects Lawyer Internal Brainstorming
October 28, 2026
Deal Lawyers.com
Delaware Supremes OKs Verisk Ruling
October 28, 2026
Delaware Business Litigation Report
No Personal Jurisdiction from Omitting Delaware Secretary of State Filing
October 27, 2026
Dealbook
GM Will Move Stock to Nasdaq
October 27, 2026
The Governance Beat
SEC, Nasdaq Issue Tokenization FAQs
October 27, 2026
Financial Times
Weil Gotshal May Mull Wind-Down
October 27, 2026
D&O Diary
Private Credit Scrutiny Fuels Claims
October 27, 2026
Delaware Business Litigation Report
Chancery OKs Fiduciary Breach Charges from Tech Startup Collapse
October 26, 2026
New York Times
7 Numbers Explain Anthropic Business
October 26, 2026
Freshfields' A Fresh Take
Treasury Proposes COINS Act Rule
October 26, 2026
The Governance Beat
ISS and Glass Lewis Announce Plans for Global Voting Policies
October 26, 2026
Financial Times
Ex-FBI Chief Comey Charged With National-Defense Information Leak
October 26, 2026
Wall Street Journal
Audi to Build First U.S. Factory
October 25, 2026
New York Times
CEOs, Workers Differ on AI Outlook
October 25, 2026
D&O Diary
How to Interpret $25bn Meta Judgment
October 25, 2026
Sidley Enhanced Scrutiny
How to End an Advancement Obligation
October 25, 2026
Business Law Prof Blog
How Should DGCL 144 Safe Harbor Apply to Conflicted Controller Deals?
October 25, 2026
Reuters
Musk Talk Imperils SpaceX-Tesla Deal
October 22, 2026
Bloomberg
Live Nation Empire Risks a Breakup
October 22, 2026
New York Times
Barclays to Cut 5,000 Jobs in AI Push
October 22, 2026
Cleary M&A Watch
SEC Staff Streamlines Form S-8, Rule 701, and Section 16 Guidance
October 22, 2026
D&O Diary
AI-Related Securities Suit Filings Surge
October 22, 2026
Financial Times
CVC Explores Bid for Verisure
October 21, 2026
New York Times
U.S. to Tap Heating Oil Reserves
October 21, 2026
Wall Street Journal
Meta Ordered to Pay New Mexico $25 Billion in Data-Privacy Case
October 21, 2026
Bloomberg
Meta Offers Zuckerberg New Shares to Shield Him from Wealth Tax
October 21, 2026
D&O Diary
Webull Securities Lawsuit Underscores Geopolitical Disclosure Risk
October 21, 2026
Wall Street Journal
Last Boeing 737 MAX Jet Gets OK
October 20, 2026
Freshfields' A Fresh Take
SEC Delivers Equity Pay Relief
October 20, 2026
Financial Times
SpaceX, Tesla Boards Mull Merger
October 20, 2026
D&O Diary
FCA Settlement Highlights Developing Anti-DEI Enforcement Trends
October 20, 2026
Corporate & Securities Law Blog
SEC May Expand “Accredited Investor”
October 20, 2026
Bloomberg
Nscale and Anthropic in Talks Over $45bn Cloud Computing Deal
October 19, 2026
Financial Times
Freshfields Apologizes for Comment on Mideast Sovereign Wealth
October 19, 2026
D&O Diary
Securities Suit Hits BofA Over Anti-Money Laundering Penalties
October 19, 2026
Delaware Corporate & Commercial Litigation Blog
Chancery Declines to Award Remedy for Failure to Maintain Stock Ledger
October 19, 2026
Deal Lawyers.com
Chancery Pauses Cloudflare Recap
October 19, 2026
Dealbook
States Step Up as Antitrust Enforcers
October 18, 2026
Cleary Securities Watch
DOJ Revises FCA Enforcement Rules
October 18, 2026
D&O Diary
AI-Linked Securities Suit Hits Endava
October 18, 2026
Business Law Prof Blog
The Latest on Reincorporations
October 18, 2026
Corporate & Securities Law Blog
Nasdaq Adopts $4.00 Minimum Price Requirement for Initial Listings
October 18, 2026
Bloomberg
Judge Rejects Gemini, CFTC Bid to Undo $5 Million Settlement
October 15, 2026
Wall Street Journal
KFC Moves to Ditch Pepsi for Coke
October 15, 2026
Dealbook
Anthropic Says Revenue Rose 45%
October 15, 2026
The Governance Beat
DOJ Revamps Fraud Enforcement Rules
October 15, 2026
Financial Times
AI, SpaceX Lift Harvard Endowment
October 15, 2026
D&O Diary
Big Corporate Bankruptcies Down
October 15, 2026
Delaware Business Litigation Report
Chancery Declines to Dismiss Aiding, Abetting Claims in Cram-Down Financing
October 14, 2026
Sidley Enhanced Scrutiny
Chancery Clarifies Officer Consent Law
October 14, 2026
D&O Diary
Suits Highlight AI Platform and Data Center Infrastructure D&O Risk
October 14, 2026
Securities Docket
Kalshi Investigates Well-Timed Bets on Trump’s Press Secretary Pick
October 14, 2026
Deal Lawyers.com
Delaware Supremes Affirms Chancery on “Participant” in Proxy Solicitation
October 14, 2026
Reuters
Wall Street Banks See Deals Slow
October 13, 2026
Bloomberg
Fed’s Williams: No Rate Hike Needed
October 13, 2026
Delaware Corporate & Commercial Litigation Blog
Chancery Won’t Name Receiver Where Firm Paid Advancement Late
October 13, 2026
Securities Litigation & Enforcement
Delaware Chancery Warns Advance Notice Bylaws Need to Be Clear
October 13, 2026
Financial Times
FTC Says Skreli Breached Industry Ban
October 13, 2026
Bloomberg
App Bumble Nears $1bn Sale to Ithaca
October 12, 2026
Financial Times
France, Germany Near Car Policy Deal
October 12, 2026
Delaware Corporate & Commercial Litigation Blog
Chancery Nixes Advancement Defense
October 12, 2026
Deal Lawyers.com
SEC Section 21(a) Report Questions Climate Coalition Activity
October 12, 2026
Corporate & Securities Law Blog
Nasdaq Files Proposed Rule Change for Market Value Listing Requirement
October 12, 2026
Wall Street Journal
Trump Backs Dodgy Credit Card Bill
October 11, 2026
Reuters
Nuvacore Funding Implies $2.5bn Value
October 11, 2026
The Governance Beat
SEC Guides on Firm Voting Programs
October 11, 2026
Financial Times
DOJ Probes Networks’ Trump Coverage
October 11, 2026
Sidley Enhanced Scrutiny
Delaware Chancery Rules Accountants Confined to Accounting Decisions
October 11, 2026
Freshfields' A Fresh Take
Sixth Circuit Says State Regulators Can Police Prediction Markets
October 8, 2026
The Governance Beat
ISS’ Benchmark Policy Survey Results
October 8, 2026
Financial Times
Starbucks Explored Chipotle Takeover
October 8, 2026
Deal Lawyers.com
Chancery Opines on Accounting Experts for M&A Price Adjustment
October 8, 2026
Corporate & Securities Law Blog
Third Circuit Revives Fact-Specific Materiality for Securities Fraud Claims
October 8, 2026
Wall Street Journal
Lawmakers Seek Accept-Election Vows
October 7, 2026
Bloomberg
AI Czar to Visit Silicon Valley AI Firms
October 7, 2026
Financial Times
Law Firm Kirkland & Ellis Stops Disclosing Financial Performance
October 7, 2026
D&O Diary
Datavault AI Hit with Market-Manipulation-Related Securities Suit
October 7, 2026
Deal Lawyers.com
Earnouts: Reminders of Ordinary Course Covenant Weren’t Interference
October 7, 2026
Wall Street Journal
Google, Constellation Energy Strike Sweeping Nuclear-Power Deal
October 6, 2026
Dealbook
New Anthropic Challenger Emerges
October 6, 2026
Freshfields' A Fresh Take
FTC Settles Price Discrimination Lawsuit Against Southern Glazer’s
October 6, 2026
D&O Diary
Settlement Values of M&A Suits Drop
October 6, 2026
Deal Lawyers.com
Earnout Denied, Buyer Wins Damages
October 6, 2026
Reuters
New Contracts Help Boeing Turn Page
October 5, 2026
Wall Street Journal
Firms’ AI Outlay Impossible to Budget
October 5, 2026
Bloomberg
Colleges Cut Tuition Bills by $20,000
October 5, 2026
Financial Times
Reflection AI Boosts U.S. Aim to Compete With Chinese “Open” Models
October 5, 2026
D&O Diary
Ryde Hit With New Market Manipulation-Related Securities Lawsuit
October 5, 2026
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  • Business Law Prof Blog
  • Corporate & Securities Law Blog
  • DealLawyers
  • Delaware Corporate and Commercial Litigation Blog
  • Gibson Dunn Securities Regulation and Corporate Governance Monitor
  • Harvard Law School Forum on Corporate Governance
  • How Appealing
  • PubCo @ Cooley
  • Securities Docket
  • Sidley Enhanced Scrutiny Blog
  • The D&O Diary
  • Truth on the Market
  • White Collar Crime Prof Blog
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