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favicon.ico: www.theracetothebottom.org - the RACE to the BOTTOM.

site address: www.theracetothebottom.org

site title: the RACE to the BOTTOM

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description=Student-faculty blog discussing trends and case law updates on corporate governance, mergers and acquisitions, cryptocurrency, and securities law.;

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s regarding transactions between corporations and their directors id delaware is a popular domicile for many corporations around the united states with more than 2 1 million legally incorporated entities delaware division of corporations delaware gov notably delaware is the domicile for nearly 66 of fortune 500 companies and over 80 of all u s based initial public offerings ipos passed the bill to ensure that large corporations incorporated in the state did not reincorporate in states which may provide better protections against lawsuits from minority shareholders lauren hisch michael de la merced new york times the state and the 1 06 million delawareans who live there heavily rely on corporate revenue id june 26 2026 simon dick june 12 2026 mazie dee irs cancels union contract june 12 2026 mazie dee on february 27 2026 the irs announced that it canceled its collective bargaining agreement with the national treasury employees union nteu following the ninth circuit court of appeals decision to remove the injunction preventing two presidential executive orders from going into effect jory heckman federal news network the two executive orders state that certain federal agencies such as the irs did not have a right to labor unions because it put national security at risk id this article will discuss the reasoning behind the executive orders that pushed the irs to cancel its union contract and how enforcing the orders effects federal employees june 12 2026 mazie dee june 11 2026 zach kamran the supreme court takes on roundup the future of american agriculture june 11 2026 zach kamran on january 16th 2026 the united states supreme court agreed to hear durnell v monsanto co a landmark case that has the potential to reshape one of the largest mass tort litigations in american history bayer ag bayer the german pharmaceutical and agrochemical giant that acquired monsanto company monsanto in 2018 has faced over 200 000 claims alleging that its widely used roundup weedkiller causes cancer some such claims predating the acquisition david a lieb ap stat news the centr al question before the court now is whether the federal insecticide fungicide and rodenticide act fifra preempts state law failure to warn claims when the environmental protection agency epa has approved a pesticide s label without requiring a cancer warning ldm law put simply after the epa has approved a label lacking a cancer warning can failure to warn claims still be brought this post will examine the history of the roundup litigation analyze bayer s use of the preemption argument and its potential effects on consumer protection and consider the implications for american agriculture if the court rules in monsanto s favor june 11 2026 zach kamran june 5 2026 john baird texas anti esg law falls financial markets hang in the balance june 5 2026 john baird texas senate bill 13 sb 13 enacted in june 2021 and authored by state senator brian birdwell was among the first u s laws targeting environmental social and governance esg investing practices mollie duckworth latham watkins llp at its core sb 13 p rohibited texas public entities from investing in or contracting with companies deemed to boycott the fossil fuel industry texas policy research esg policies aim to promote sustainable and responsible business practices in addition to the previously paramount financial bottom line deloitte esg prac tices trace their roots back to the early 1960s led by social activists and religious groups seeking to spark corporate responsibility on ethical investing thomas j billitteri cq press sustaina bility pioneers like john elkington popularized the triple bottom line or the ideas that corporations must account for their societal and environmental impacts in addition to their profitability john elkington harvard business review today esg practices ar e performed across industries focused on issues ranging from human capital and compensation issues to climate change deforestation and water and waste management to supply chain management jurgita ashley harvard law school forum on corporate governance in the energy context esg policies condition in vesting on environmental and social criteria threatening states like texas by disfavoring their core oil and gas industries based on ideological grounds ayden runnels the texas tribune thus the law rep resented a high profile effort to combat esg practices that the texas senate viewed as a threat to the state s energy sector texas policy research this discussion explores sb 13 s implications the recent ruling of its unconstitutionality and the market s incipient response to sb 13 s discontinued enforcement june 5 2026 john baird june 3 2026 brandon black tiktok s journey to the west june 3 2026 brandon black creators sellers and doom scrollers can rest easy knowing that tiktok has found a new home on u s soil david shepardson reuters following an executive order and subsequent landmark supreme court ruling tiktok s parent company bytedance had no choice but to divest tiktok so that the app s data could be stored and controlled by u s entities id several prominent investors including oracle silver lake and mgx have emerged as potential stakeholders seeking to acquire an ownership interest in the company id this post discusses the acquisition of and changes to the app and further examines whether this divestiture will address the trump administration s security concerns june 3 2026 brandon black june 2 2026 mohamed elbedawi deep seabed mining and the america first agenda national security gains vs environmental public concerns june 2 2026 mohamed elbedawi deep seabed mining is a lucrative enterprise aimed at extracting nodules of valuable mineral deposits embedded in the ocean floor sachi mulkey n y times these nodu les contain critical minerals such as cobalt manganese copper and nickel which are essential to the manufacturing of modern batteries used in smartphones or electric vehicles steven barringer courtney shephard greenberg traurig llp s achi mulkey n y time s the national oceanic and atmospheric administration noaa regulates the exploration and recovery of these critical minerals and issues permits for deep seabed mining 15 c f r 904 1 this post exami nes the i concerns of deep seabed mining ii noaa s mandate and regulation focusing on the original two step sequential process for exploration and recovery permits iii the new consolidated application process iv how the procedural shift fits into the america first agenda v and the public concerns aligned with consequences of the accelerated application process june 2 2026 mohamed elbedawi june 1 2026 sydney bruny sec issues guidance on applying federal securities laws to tokenized securities june 1 2026 sydney bruny the emergence of cryptocurrencies has revolutionized the way people hold and invest their money for example numerous cryptocurrencies and other digital assets now allow investors to store value in intangible forms on distributed ledger technology commonly known as a blockchain u s government accountability office these digital investment tools known as tokenized securities offer several advantages to investors due to their blockchain based structure cfte toke nization enables decentralized investing by reducing reliance on intermediaries and giving investors greater control id it also ensures clear ownership through immutable blockchain records strong cryptographic security and pseudonymous investing that protects investor identities id despite these benefits there are several pitfalls to investing in digital assets primarily regulatory uncertainty id due to the abstract and technical nature of the digital world as well as its rapid evolution regulators and courts have struggled to find the best way to categorize and oversee these forms of investments the securities and exchange commission sec has grappled with this issue and has recently issued several statements and guidance attempting to establish a regulatory framework for digital assets sec this post discusses the sec s latest statement addressing whether a tokenized security qualifies as a security under the sec s longstanding legal framework and what that determination means for investors going forward june 1 2026 sydney bruny may 27 2026 lena thomas eddins fashion fraud caastle founder and ceo defrauds investors of over 300 million may 27 2026 lena thomas eddins caastle inc caastle was originally founded in 2011 as gwynnie bee a subscription service that allowed customers to rent clothing from more than 150 brands aurore borsi et al circle economy in 2018 the company evolved into a business to business technology and logistics platform that enabled leading fashion companies including ann taylor express and vince to rent portions of their inventory to consumers id caastle collaborated with these brands to build and operate their rental programs while managing inventory and logistics including returns dry cleaning quality check restocking and shipping id the company developed a clothing as a service platform that attracted executives from yahoo microsoft cole haan and goldman sachs bringing together significant experience from both the fashion and technology industries mary sterenberg columbusceo on paper caastle appeared poised for substantial success however on march 4 2026 christine hunsicker caastle s founder and chief executive officer pleaded guilty to one count of securities fraud in united states district court for the southern district of new york manhattan sdny bob van voris bloomberg law the case raised a central question what went wrong may 27 2026 lena thomas eddins may 22 2026 hannah litvack ninth circuit upholds seattle s app based worker deactivation rights ordinance may 22 2026 hannah litvack the rapid growth of the gig economy has prompted u s cities to consider how existing labor protections apply to app based workers who can be removed from a platform or deactivated without notice or explanation helen mcfarland seyfarth shaw llp seattle moved to address that gap directly id in august 2023 the seattle city council passed ordinance 126878 the app based worker deactivation rights ordinance the ordinance which took effect on january 1 2025 seattle city council ordinance 126878 uber technologies inc uber and maplebear inc d b a instacart instacart sued to block the ordinance on first amendment grounds but on march 4 2026 a divided ninth circuit panel rejected the companies appeal of a denied preliminary injunction rachel riley law360 thi s post examines what the ordinance requires the companies constitutional arguments and the implications of this decision for seattle and gig economy regulation nationwide may 22 2026 hannah litvack may 20 2026 natalie afshar spacex xai the future of ai in space may 20 2026 natalie afshar elon musk s spacex acquired his artificial intelligence ai startup xai on february 2 2026 samantha subin cnbc t he merger deal was structured as a share exchange which converted one share of xai into 0 1433 shares of spacex stock id xai started out as a segment of x after musk acquired x kali hays lily jamali bbc xai s main product is grok the generative ai chatbot primarily used on x id musk explained the main reason for the merger was to better build orbital data centers while also aimed at providing more capital to xai and its cash intensive grok chatbot samantha subin cnbc this post will discuss the strategic business motivations underlying the merger the corporate governance issues it raises and the implications for future mergers across sectors may 20 2026 natalie afshar may 18 2026 macy moody colorado artificial intelligence act sets the standard for ai governance may 18 2026 macy moody since the rise of artificial intelligence ai legislatures have grappled with its rapid advancement and potential risks it poses to consumers in may 2024 colorado governor jared polis signed senate bill 24 205 the colorado artificial intelligence act caia making it the first united states law to comprehensively regulate the development and use of high risk ai systems tatiana rice keir lamont jordan francis fpf legislation policy brief the colorado ai act caia is set to go into effect on june 30 2026 h unton andrews kurth llp this post examines the i mpetus driving caia the rebuttable presumption of reasonable care for developers and deployers adhering to recognized ai risk management frameworks like nist or iso iec 42001 available exemptions and the act s broader implications on the tech industry and state level legislation may 18 2026 macy moody april 16 2026 caroline rollheiser k g m v meta platforms inc the landmark verdict redefining responsibility for social media addiction april 16 2026 caroline rollheiser a california jury recently delivered a landmark verdict in k g m v meta platforms inc finding meta platforms inc meta and alphabet inc s google llc google negligent for designing products that harmed a young user s mental health cecilia kang ryan mac eli tan n y times the case i s especially significant because it was selected as one of three scheduled bellwether trials a representative test case used in large scale litigation to help courts and parties evaluate how juries may respond to the core legal and factual issues that appear across thousands of similar lawsuits bobby allyn npr s imm ons fletcher k g m was chosen from a pool of more than 1 600 plaintiffs including over 350 families and 250 school districts all alleging harm from social media platforms quynh hoang the conversation as a representat ive case the verdict may shape settlement strategy litigation posture and the trajectory of similar lawsuits nationwide this post examines the arguments raised at trial that led to the verdict considers the issues meta and google will likely raise on appeal and explores how the verdict could reshape liability for social media companies going forward april 16 2026 caroline rollheiser april 13 2026 michaela mctee luxury counterfeiting dupe or don t april 13 2026 michaela mctee luxury counterfeit production has soared due to rising prices in the authentic luxury market now luxury brands are fighting back and using the legal system to combat counterfeiters an average 33 price increase occurred in the luxury market between 2019 and 2023 as consumer demand rose in the wake of the pandemic reuters business of fashion the classic chan el quilted flap bag more than tripled in price between 2015 and 2024 while the popular louis vuitton keepall travel bag more than doubled id consequently consumers struggled to keep up with rapid price increases and the counterfeit industry worked to solidify its place in the market by mimicking luxury products id malique morris business of fashion luxury brands in an effort to protect themselves and their customers are targeting online retailers and luxury resale stores id this post explores recent and ongoing trademark lawsuits directed at a variety of counterfei...
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