Much of the law governing corporate artificial intelligence rests on a single premise: that the protection from legal liability a company enjoys depends on the quality of the record it can produce. Directors defend oversight claims with minutes and charters. Issuers sustain the securities due-diligence defense with the documented trail of their investigation. Companies claim…

In April 2026, SpaceX announced an agreement giving it the right to acquire the AI coding company Cursor for $60 billion in SpaceX stock after SpaceX went public. If that stock transaction did not occur, the agreement called for a $10 billion breakup fee, payable in cash. The stock was the point. What did the…

More than two years after the SEC adopted final climate disclosure rules, the SEC has now proposed not to modify, improve, or trim them, but to rescind them entirely.  This proposed action is at odds with the fact that more than 80% of large, listed operating companies already engage in climate disclosures—a fact that provides…

Debates over Big Tech M&A often focus on “killer acquisitions,” where a dominant firm buys a startup in order to eliminate a future rival. A more subtle and, in some ways, more difficult problem is that innovation can lose momentum after the deal closes even when the buyer did not set out to destroy the…

Early last month, the U.S. Securities and Exchange Commission (the “SEC”) released proposed rules to allow U.S. public companies to report their financial statements on a semiannual instead of quarterly basis. The proposed amendments, if adopted, would allow companiesthe option to file one semiannual report on Form 10-S and one annual report on Form 10-K…

Executive Summary

• What’s new: The EU and CPTPP countries have agreed to accelerate work toward a digital trade agreement covering e-commerce, cross-border data flows and data localization for a combined economy of $35 trillion and 1.6 billion people.
• Why it matters: For multinationals operating across the EU and Asia Pacific markets, the initiative signals a shift toward

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A.I.-powered note takers have become increasingly common in corporate meetings, with executives, boards, and a broad range of employees utilizing tools that automatically transcribe and summarize conversations in real time.[1]While these tools offer clear productivity benefits, their use raises several legal considerations—including potential privilege waiver, expanded discovery exposure, and evidentiary risks—that corporate counsel,…