Top Stories

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  Florida Appeals Court Revives Asset Probe Of Law Firm

  By Carolina Bolado

  A Florida appeals court said Wednesday that real estate investment firm Sasha Investments LLC should not have be...(read more)

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  Figure, Sixth Street Team Up On $717M Kiavi Mortgage Deal

  By Al Barbarino

  Figure Technology Solutions said Wednesday it is acquiring residential real estate lender Kiavi in a $717 millio...(read more)

• Judge Tells DOJ Not To 'Play Possum' On Trump Fund

  By Jared Foretek

  A D.C. federal judge on Wednesday declined to block the Trump administration's proposed $1.8 billion "lawfare" fund, crediting statements from Attorney General Todd Blanche and other U.S. Department of Justice lawyers last week that the fund was dead.

• Trump Picks Bank Exec, Ex-BigLaw Partner For CFPB Director

  By Jon Hill

  President Donald Trump on Wednesday tapped former BigLaw partner Brian Johnson for director of the Consumer Financial Protection Bureau, a move that comes as White House Office of Management and Budget Director Russell Vought's time as interim head of the agency approaches its expiration date.

• Elliott, Stronghold Clash Over Oil And Gas Asset Wind-Down

  By Jarek Rutz

  Elliott Investment Management LP and Stronghold Resource Partners urged the Delaware Supreme Court on Tuesday to adopt competing readings of a settlement agreement governing the wind-down of an oil and gas investment fund, with each side saying the contract's language supports a different path for liquidating the fund's remaining holdings.

• Judicial Noms Say Biden Won, But Critics Fault Their Caveats

  By Courtney Bublé

  Three district court nominees on Wednesday said President Joe Biden won the 2020 election, a departure from other judicial nominees in the second Trump administration, but court watchers on the left took issue with how they couched those statements.

• IP Notebook: Cox's Reach, 'Top Gun' Appeal, 'Lazy' Videos

  By Ivan Moreno

  This round of Law360's review of emerging copyright and trademark issues looks at the ripple effects from the U.S. Supreme Court's ruling on secondary copyright liability and highlights looming high court bids over "Top Gun" and Roberto Clemente's likeness on commemorative license plates.

• Warren Asks SEC To Delay SpaceX IPO Over 'Troubling' Risks

  By Dorothy Atkins

  U.S. Sen. Elizabeth Warren called on the U.S. Securities and Exchange Commission to delay SpaceX's anticipated $75 billion initial public offering until steps are taken to protect investors and market integrity, expressing concerns that the company's books contain "troubling gaps," and the IPO poses "unique and precedent-setting" risk.

• Insurance Cos. Score Dismissal Of Zepbound Coverage Case

  By Kellie Mejdrich

  A D.C. federal judge Wednesday agreed to toss a proposed class action against CVS Caremark and CareFirst BlueCross BlueShield from a worker who challenged coverage denials for Zepbound to treat sleep apnea, holding an exclusion in his employee health plan that the companies administered complied with federal benefits law.

• Jury Ups Philanthropist, Ex-Pitcher Crash Verdict To $198M

  By Cara Salvatore

  A California jury added $22 million in punitive damages Wednesday to a $176 million verdict against a philanthropist and a former MLB pitcher found responsible for a car crash that killed two children.

• Susman Godfrey Beats, Seward & Kissel Matches Milbank Pay

  By Tracey Read

  At least four more firms have joined the associate pay raise bandwagon, with Seward & Kissel LLP matching the salary scale recently set by Milbank LLP, and Susman Godfrey LLP exceeding it.

• Feds Say NYC Pol's ICE Views 'Irrelevant' To Obstruction Case

  By Pete Brush

  Former New York City Comptroller Brad Lander's effort to monitor U.S. Immigration and Customs Enforcement for possible violations of migrants' rights at a federal building are "irrelevant" to an obstruction charge against him, prosecutors told a federal judge Wednesday.

• $200B Visa, Mastercard Swipe-Fee Deal Gets Initial Approval

  By Hailey Konnath

  A New York federal judge Tuesday preliminarily signed off on Visa Inc. and Mastercard Inc.'s proposed $200 billion settlement with millions of merchants despite dozens of objections from potential class members, saying it was too soon to tell if the complaints are pervasive or "confined to a vocal minority."

• Judge Pans Uber's 'Nonstop' Discovery Violation In FTC Fight

  By Dorothy Atkins

  A California federal magistrate judge refused Tuesday to give Uber more time to produce data to the Federal Trade Commission in litigation alleging the ride-hailing company dupes consumers into its paid subscription service, saying during a hearing that Uber "has been in nonstop violation" of the court's April 10 data production deadline.