Articles Posted in Business and Corporate Law

Albertsons terminated its planned $24.6 billion merger with Kroger on Wednesday and filed a lawsuit alleging breach of contract after courts blocked the deal, citing antitrust concerns.

The lawsuit claims that Amazon secretly stopped sending its drivers to two District zip codes in 2022, causing delays in deliveries for Prime members there.

Coca-Cola and PepsiCo were sued on Wednesday over plastic pollution Los Angeles County asserts is a public nuisance that violates unfair competition and false advertising law. Plastic is California’s primary source of land litter, according to the complaint, and it does not biodegrade naturally, only breaking down into fragments. LA County…

Former President Donald Trump sued two co-founders of Trump Media last week following a lawsuit against Trump brought by the co-founders over their stake in the company.

New York sued PepsiCo on Wednesday, arguing that the snack giant's single-use bottles, caps, and wrappers are a large contributor to the pollution of the Buffalo River and have impacted public health, freshwater species, the ecosystem, the public's use and enjoyment of the river, and the aesthetic value of the river and its shoreline.

The Fifth Circuit on Wednesday upheld a Nasdaq rule requiring companies listed on its exchange to have women and minority directors on their boards or provide an explanation as to why they do not.

The CEO, CFO, and chief legal officer who left Twitter when Elon Musk took over have asked the Delaware Court of Chancery to award them over $1 million in unpaid reimbursements for legal fees.

United Healthcare must drop its claim for a more than $2 million refund, a Texas appeals court ruled, because it should have been able to intervene before a much smaller settlement check was cashed had it exercised due diligence.

The landlord of a San Francisco office space operated by the social media company has sued for unpaid rent, echoing problems that Twitter has faced at other properties.

Musk's company Neuralink, which aims to develop a brain implant for humans, faces an investigation of alleged animal abuse during rushed and poorly executed experiments.