Top Stories

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  Judges Rip DHS GC's 'Worst' Posts As Intimidation Campaign

  By Jake Maher

  Sitting federal judges on Friday blasted the general counsel of the U.S. Department of Homeland Security for "pa...(read more)

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  NY Takes Aim At Kalshi's 'Illegal Gambling Operation'

  By Alex Lawson

  New York sued Kalshi in state court early Friday, alleging that the prediction market giant is running a vast "i...(read more)

• SwervePay Sellers Awarded $120M In Merger Fraud Suit

  By Rae Ann Varona

  The Delaware Chancery Court on Friday awarded more than $120 million to sellers of former e-payment facilitator SwervePay who claimed buyers duped them into a merger by overstating payment volumes by the tens of billions, saying the buyers' intent to induce the sellers into the fraudulent transaction was "plain as day."

• 9th Circ. Seeks Nev. High Court Input In Live Nation Class Suit

  By Rae Ann Varona

  The Ninth Circuit Friday sought the Nevada Supreme Court's input on a proposed class action against Live Nation, certifying a question about whether an arbitration agreement is void under Nevada law if "the drafter reserves the unilateral right to modify the entire agreement 'at any time' without notice."

• Fed Pitches New Rules On Loans To Bank 'Insiders'

  By Sarah Jarvis

  The Federal Reserve Board on Friday proposed updates to its rule limiting the loans a bank can offer its executives, board members and major shareholders who could influence the bank's lending decisions, saying the updates to outdated monetary thresholds aim to help community bank leaders.

• Del. Supreme Court Ends J&J Bid To Preserve Asbestos Data

  By Jarek Rutz

  The Delaware Supreme Court on Friday reversed a Chancery Court ruling that had allowed Johnson & Johnson, Dow Chemical and other major asbestos defendants to pursue a novel effort to stop bankruptcy trusts from deleting decades of asbestos claims records, holding that the companies failed to satisfy the requirements for an equitable bill of discovery.

• DC Circ. Backs Ex-Steward CEO's Contempt Charge

  By Jared Foretek

  The D.C. Circuit on Friday upheld a U.S. Senate committee's criminal and civil contempt finding against former Steward Health Care System LLC Chief Executive Ralph de la Torre after he refused to appear before lawmakers despite a subpoena, calling his appellate arguments "wholly meritless."

• CFTC Fines George Santos Over Prediction Market Trades

  By Aislinn Keely

  The U.S. Commodity Futures Trading Commission ordered convicted former U.S. Rep. George Santos to pay $35,000 to settle claims he manipulated a prediction market on whether he would attend the 2026 State of the Union address.

• DC Circ. Backs FERC's Revised Grid Hookup Policy

  By Keith Goldberg

  The D.C. Circuit on Friday endorsed the Federal Energy Regulatory Commission's revised policy for hooking up new power projects to the grid, saying the agency clearly acted within its authority to address growing interconnection backlogs.

• Reddit AI Data Scraping Case Mostly Survives Dismissal

  By Elliot Weld

  A Manhattan federal judge on Friday largely declined to dismiss Reddit's suit accusing SerpApi of illegally scraping its content to be sold to Perplexity for training its artificial intelligence models.

• DC Circ. Rules Ute Tribe Can't Reclaim 1.5M Utah Acres

  By Crystal Owens

  A D.C. Circuit panel on Friday rejected a Utah tribe's bid to undo a lower court's ruling that said it has no compensable title to 1.5 million acres in Utah, saying the lack of that title means the oil field lands are not eligible for restoration under the Indian Reorganization Act.

• Comedian Daring Buc-ee's To Sue Takes Dig At Brand Policing

  By Ivan Moreno

  The string of lawsuits Buc-ee's Ltd. has filed against businesses it says mimic its popular beaver branding has caught the attention of comedian John Oliver, who unveiled a bucktoothed "Buc-Off" mascot and dared the travel center chain to sue him — spotlighting the delicate balance trademark owners face between protecting a valuable brand and provoking backlash.

• Couche-Tard Inks $8.6B Deal For Poland's Zabka Group

  By Al Barbarino

  Alimentation Couche-Tard Inc. said Friday it has agreed to acquire Poland's Zabka Group for approximately $8.6 billion, which would mark the Canadian convenience store operator's largest acquisition to date.

• OCC, FDIC Unveil Bid To Rewrite Community Lending Rules

  By Jon Hill

  Federal regulators on Friday launched their latest push to update long-standing community lending rules for banks, issuing a new proposal that officials say would better tailor requirements by bank size and ensure financing isn't "diverted to activist causes."