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  • John C. Coffee, Jr.: Event Contracts and Prediction Markets Comment bubble 2 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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New York Post
Musk Lawyer Accuses SF Jury of Bias
March 29, 2026
New York Post
Elizabeth Holmes Catches a Break
March 29, 2026
Bloomberg
Crypto “Insurance” Not What Appears
March 29, 2026
Federal Trade Commission
FTC, DOJ Seek Comment on HSR Rule
March 29, 2026
Business Law Prof Blog
Courts Setting Very High PSLRA Bar
March 29, 2026
Dealbook
Military Drone Startup Raises $2 Billion
March 26, 2026
Delaware Business Litigation Report
Delaware Chancery Nixes Case Lacking Equitable Subject Matter Jurisdiction
March 26, 2026
D&O Diary
AI-Related Securities Suit Hits Power Supply Company
March 26, 2026
Sidley Enhanced Scrutiny
Pro-Merger Activist That Changed Its Mind Can’t Get Court to Block Deal
March 26, 2026
Deal Lawyers.com
Delaware Chancery Orders Equitable Extension of Earnout Window
March 26, 2026
The Governance Beat
SEC “SOX Group” to Target Auditors
March 25, 2026
Dealbook
What Sora’s End Says About OpenAI
March 25, 2026
D&O Diary
Tariff Pass-Through Litigation Expands
March 25, 2026
New York Post
Widow of British Billionaire Killed in Yacht Sinking Faces Bankruptcy
March 25, 2026
Bloomberg
SEC Must Release Musk Interview
March 25, 2026
Wall Street Journal
Judge Says Government Ban on Anthropic Looks Like Attempt to Punish
March 24, 2026
D&O Diary
Short Seller Report Prompts Securities Suit Against Private Credit Firm
March 24, 2026
Bloomberg
Polymarket Alters Insider Trading Rules
March 24, 2026
Reuters
SEC Ex-Enforcement Chief Clashed With Bosses on Trump Before Exit
March 24, 2026
Business Law Prof Blog
The Latest on Reincorporations
March 24, 2026
Wall Street Journal
Airline Economy Cabin Keeps Shrinking
March 23, 2026
Sidley Enhanced Scrutiny
Delaware Chancery Rules Firm Counsel Must Be Neutral in Board Deadlock
March 23, 2026
Bloomberg
SEC Team Is Targeting “Bad Actors”
March 23, 2026
CoinDesk
Is Bankman-Fried Angling for Pardon?
March 23, 2026
D&O Diary
Jury Says Musk Misled Twitter Investors
March 23, 2026
Bloomberg
OpenAI Plans to Double Headcount
March 22, 2026
Reuters
Musk Offers to Pay TSA Salaries
March 22, 2026
Wall Street Journal
New Weapons of Global Power Are Oil, Rare Earths, and Microchips
March 22, 2026
Freshfields' A Fresh Take
Less Burdensome HSR Form Is Back
March 22, 2026
D&O Diary
Prediction Markets Pose D&O Risks
March 22, 2026
Wall Street Journal
Big Banks Win Looser Capital Rules
March 19, 2026
Reuters
DOJ Charges 3 of Diverting AI to China
March 19, 2026
Bloomberg
DOJ Clears Nexstar’s Tegna Deal
March 19, 2026
The Governance Beat
The Latest on Shareholder Proposals
March 19, 2026
Wealth Management
FINRA Disciplinary Cases at Decade Low
March 19, 2026
Bloomberg
Private Credit Bad, But Not 2008 Bad
March 18, 2026
D&O Diary
Delaware Supremes Says De-SPACs Shielded by 3-Year Limitations Statute
March 18, 2026
CoinDesk
Kalshi Faces Arizona Criminal Charges
March 18, 2026
Law.com
Scotus May Hear SEC “Gag Rule” Suit
March 18, 2026
Financial Times
Musk’s Lawyers Sidestepped SEC Team in Twitter Case Settlement Talks
March 18, 2026
Reuters
SEC Issues Crypto Guidance
March 17, 2026
Cleary Enforcement Watch
Enforcers File Fund-Valuation Cases
March 17, 2026
Bloomberg
Judge Declines Calls from SBF’s Mom
March 17, 2026
Securities and Exchange Commission
Enforcement Chief Ryan Is Out
March 17, 2026
Wall Street Journal
Quarterly Reports on Their Last Legs
March 17, 2026
Delaware Business Litigation Report
Delaware Supreme Court Says Form Matters on Books & Records Demands
March 16, 2026
The Governance Beat
SEC Gives Foreign Private Issuers Section 16 Relief for Now
March 16, 2026
D&O Diary
9th Circuit Revives Funko Case
March 16, 2026
Securities and Exchange Commission
SEC Drops Nader Al-Naji Case
March 16, 2026
Securities Regulation and Corporate Governance Monitor
EDGAR Access Delays and Conditional No-Action Relief for Section 16(a) Filers
March 16, 2026
D&O Diary
How to Counter ESG Backlash
March 15, 2026
CoinDesk
DeFi Flub Costs Crypto Trader $50 Mln
March 15, 2026
Regulatory & Compliance
Should Companies’ Insider-Trading Policies Cover the Prediction Markets?
March 15, 2026
ABA Business Law Today
How to Fix M&A Time-of-Essence Bug
March 15, 2026
Business Law Prof Blog
The SPV-pocalypse Is Coming
March 15, 2026
D&O Diary
Suit Tests Government’s Intel Stake
March 12, 2026
CoinDesk
Binance Sues WSJ on Iran Probe Piece
March 12, 2026
FCPA Professor
Smartmatic Says FCPA Case Vindictive
March 12, 2026
Bloomberg
Exxon Plans to Reincorporate in Texas
March 12, 2026
ThinkAdvisor
SEC Must Produce Texting Fine Data
March 12, 2026
Dealbook
Microsoft Sides With Anthropic v. DOD
March 11, 2026
Freshfields' A Fresh Take
DOJ Unifies Corporate Enforcement
March 11, 2026
The Governance Beat
More Nixed Investor-Proposal Suits
March 11, 2026
SEC Sentinel
FINRA Forward Program Launches
March 11, 2026
Reuters
Lawyer Sentenced for Ponzi Scheme
March 11, 2026
Wall Street Journal
Senate’s New Housing Bill Would Force Large Investors to Sell Homes
March 10, 2026
D&O Diary
State AGs Sue Over Section 122 Tariffs
March 10, 2026
FCPA Professor
Bill to Extend FCPA Limitations Statute
March 10, 2026
Bloomberg
Polymarket Enlists Palantir and TWG AI to Monitor Sports Bets
March 10, 2026
Business Law Prof Blog
IPO to Put Pershing Square in Nevada
March 10, 2026
Wall Street Journal
Anthropic Sues Defense Department
March 9, 2026
New York Times
DOJ, Live Nation Settle Antitrust Case
March 9, 2026
SEC Sentinel
FINRA Reveals Enforcement Changes
March 9, 2026
D&O Diary
D&O Liability in Geopolitical Whiplash
March 9, 2026
Delaware Corporate & Commercial Litigation Blog
Delaware Chancery Enforces Restrictive Covenant in Business Sale
March 9, 2026
Reuters
OpenAI Honcho Exits After DOD Deal
March 8, 2026
Wall Street Journal
FTC Chief Mixes MAGA, Enforcement
March 8, 2026
New York Times
Axel Springer to Buy UK’s Telegraph
March 8, 2026
The Governance Beat
Foreign Private Issuers Get SEC Relief
March 8, 2026
Bloomberg
CFTC, SEC May Move In Together
March 8, 2026
Wall Street Journal
States Sue to Stop New Trump Tariffs
March 5, 2026
Bloomberg
SEC Ends Crypto-Billionaire Sun Case
March 5, 2026
Dealbook
UK Banking App Seeks U.S. Charter
March 5, 2026
D&O Diary
Epstein Disclosure-Related Securities Suit Hits Apollo, Leon Black
March 5, 2026
Milbank Insights
SEC Revises Enforcement Playbook
March 5, 2026
Dealbook
Two Big Production Houses Merge
March 4, 2026
The Governance Beat
Vanguard Settles State Antitrust Suit
March 4, 2026
D&O Diary
How xAI-SpaceX Merger Stacks Up
March 4, 2026
Law.com
PCAOB, SEC Enforcement Hit Lows
March 4, 2026
CoinDesk
Trump’s Crypto Legacy: Paul Atkins
March 4, 2026
Wall Street Journal
DOJ Reverses on Law Firm Sanctions
March 3, 2026
Reuters
Treasury to Mull Bank Liquidity Rules
March 3, 2026
Freshfields' A Fresh Take
Texas Anti-ESG Law Struck Down
March 3, 2026
Bloomberg
SEC, Apex Spar Over Off-Channel Communications Sweep Settlement
March 3, 2026
Reuters
U.S. Gasoline Crosses $3 Gallon Mark
March 2, 2026
Bloomberg
Trump Fails Tariff-Refund Push Delay
March 2, 2026
Delaware Business Litigation Report
Delaware Court Rules That Merger Provision Is an Arbitration Clause
March 2, 2026
The Governance Beat
Can AI Tool Replace Proxy Advisers?
March 2, 2026
Deal Lawyers.com
Delaware Supreme Court OKs SB21
March 2, 2026
Wall Street Journal
Mortgage Rates Drop Below 6 Percent
March 1, 2026
New York Times
Berkshire Hathaway Posts Earnings Drop in Warren Buffett’s Last Year
March 1, 2026
Bloomberg
SEC Announces New Insider Trading Rules for Foreign Companies
March 1, 2026
Deal Lawyers.com
Delaware Supreme Court Says Accountant Can Resolve Earnout Claims
March 1, 2026
Business Law Prof Blog
The Latest on Reincorporations
March 1, 2026
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  • PubCo @ Cooley
  • Securities Docket
  • Sidley Enhanced Scrutiny Blog
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