ABA Legal News

DOJ Criminal Division Guidance on Monitorships Unlikely to Impact Antitrust Enforcement

The DOJ's Criminal Division has issued revised guidance on the selection of monitors, signaling a potential shift away from corporate monitorships in criminal matters. However, this policy change is unlikely to affect civil antitrust enforcement due to differing applicability of the guidance's core factors.

AI Use in Federal Appellate Courts Discussed

The ABA Litigation Section discussed the handling of artificial intelligence (AI) issues in federal appellate courts. The discussion featured a data privacy specialist and litigator who co-chairs the ABA Litigation Section Privacy & Data Security Committee.

DOJ Sues Visa for Antitrust Violations in Debit Network Services

The U.S. Department of Justice has filed an antitrust lawsuit against Visa Inc. in the U.S. District Court for the Southern District of New York. The lawsuit alleges that Visa violated Sections 1 and 2 of the Sherman Act through monopolization of debit network services and anticompetitive agreements. The DOJ seeks injunctive relief to halt Visa's alleged exclusionary practices.

Proposed 2026 Amendments to Delaware LLC and LP Acts

The Delaware General Assembly has proposed amendments to the Delaware Limited Liability Company Act and the Delaware Revised Uniform Limited Partnership Act, set to take effect on August 1, 2026. Key changes include defining 'certificate of registered series' and confirming the ability of LLCs and LPs with series to engage in mergers and other transactions.

Cannabis Industry Update: 280E Profit Drain and Banking Challenges

This update from the ABA Legal News discusses the significant challenges faced by the cannabis industry, particularly the profit drain caused by Section 280E of the IRS code and difficulties in accessing banking services. It features insights from tax attorneys and a CFO on navigating these operational barriers.