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Trump Sued Over 'Corrupt' $100K Early Truth Social Access
By Craig Clough
Online news outlet The Intercept and the Freedom of the Press Foundation sued President Donald Trump Wednesday in New York federal court, accusing him of violating the Constitution with an "extraordinary, corrupt, and unconstitutional" scheme by allowing paying customers to receive advance access to official presidential announcements through Truth Social.
Complaint attached |
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Ill. Panel Keeps Toxic Tort Jurisdiction Law Intact
By Celeste Bott
An Illinois appellate panel on Tuesday refused to revive a Republican-led challenge to a sweeping state law expanding the state's jurisdictional reach in toxic tort cases, saying it was barred from reviewing the Legislature's compliance with its own internal procedures but renewing concerns about being required to "turn a blind eye" to lawmakers' potential constitutional violations.
Opinion attached |
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SpaceX On Hunt For More Spectrum
By Nadia Dreid
SpaceX is hungry for more spectrum, telling the Federal Communications Commission it ought to set "aggressive, technology-agnostic" buildout milestones in order to get new wireless satellite services to market just as the company unveils plans to build its own terrestrial network.
Letter attached |
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How Axing SEC Trade-Through Rule Could Reshape Markets
The proposed elimination of a Securities and Exchange Commission rule that mandates a price benchmark for equity securities trades could allow blockchain-based trades to compete with legacy frameworks in registered markets, potentially serving as a test case for updated regulatory models, say Alex Zozos at Superstate, and Lewis Rinaudo Cohen and Edward Leaf at Cahill Gordon.
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LEGAL INDUSTRY
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