Top Stories

• 

  4 Firms Steer Landmark $63B AI Financing Structure

  By Nate Beck

  Blackstone, Bank of America, Citi and Morgan Stanley formed a deal providing $63 billion to buy Broadcom artific...(read more)

• 

  Novo Can't Get 'Deceptive' Lilly GLP-1 Ads Blocked Amid Suit

  By Hailey Konnath

  A New Jersey federal judge on Monday refused to issue an injunction blocking Eli Lilly & Co. from running ads al...(read more)

• FCC OKs Amazon's $11.6B Globalstar Satellite Buy

  By Nadia Dreid

  The Federal Communications Commission has signed off on Amazon.com Inc.'s $11.6 billion plan to buy U.S. satellite company Globalstar Inc., bringing the e-commerce behemoth one step closer to expanding its nascent satellite internet business.

• 6 Firms Advise On Ares' $2.6B MidCap Financial Buy

  By Al Barbarino

  Ares Capital Corp. said Tuesday it has agreed to acquire middle-market lender MidCap Financial Investment Corp. in a stock-and-cash transaction for an enterprise value of about $2.6 billion, with six law firms advising on the transaction.

• 5-Hour Energy Sellers Ask 9th Circ. To Revive Antitrust Fight

  By Dorothy Atkins

  Family-owned wholesalers urged the Ninth Circuit to revive antitrust claims Tuesday alleging 5-Hour Energy violated price discrimination law by providing Costco with disproportionate promotional support, arguing the court wrongly applied an "extremely narrow view of antitrust injury."

• High Court Refuses To Undo Texas Immigration Rule Deal

  By Elaine Briseño

  U.S. Supreme Court Justice Samuel Alito on Tuesday denied a request from three cities and an advocacy group to undo a consent judgment approved by a Texas federal judge that vacated a rule that allowed immigration courts to temporarily close cases.

• Latham Advises Insurance Software Co. On $2.1B Acquisition

  By Irene Madongo

  Insurance software provider Guidewire said Tuesday it has agreed to buy artificial intelligence platform Hyperexponential for up to $2.1 billion, a move it hopes will help it to provide agentic underwriting.

• 4th Circuit Says W.Va. Daniel's Law Is Unconstitutional

  By Rose Krebs

  The Fourth Circuit on Tuesday affirmed a district court determination striking down as unconstitutional West Virginia's law restricting the publication of the home addresses and phone numbers of law enforcement and judicial officials, saying the district court applied "well-established" First Amendment principles.

• Judge Halts Tree Removal, Says She Can't 'Disbelieve' Trump

  By Jared Foretek

  A D.C. federal judge has ordered the federal government to stop all tree removal at East Potomac Golf Course and to give the court notice before making irreparable changes to its surrounding park, saying she couldn't "disbelieve the president's clear, repeated statements" that a major overhaul would begin soon.

• 2nd Circuit Rejects Venezuela's Bid To Void $3B In Bonds

  By Caroline Simson

  Nearly $3 billion in defaulted Venezuelan bonds should not be blocked from enforcement under the country's domestic law, the Second Circuit ruled Tuesday.

• DOJ Tries For Third Case Against Comey, Alleging Doc Leak

  By Lauren Berg

  For the third time, the Trump administration has lobbed criminal charges against James Comey, this time accusing the former FBI director of disclosing sensitive national defense information in 2016, according to a complaint unsealed Monday in D.C. federal court.

• FTC, 20 States Say Dollar General Up Charges At Register

  By Lauren Berg

  The Federal Trade Commission and a group of 20 states announced a lawsuit in Tennessee federal court, alleging Monday that Dollar General Corp. holds itself out as an accessible retailer for low- and fixed-income consumers, but has for years charged shoppers more at the register than the displayed prices.

• Colo. AI Rules Face Calls For Longer Compliance Window

  By Allison Grande

  Business groups across the tech, banking and other industries pushed Colorado's attorney general Monday to revisit his proposed rules for the use of artificial intelligence to make consequential decisions and to fuel chatbots in order to address concerns such as their potential conflict with existing laws and the tight window for implementation.

• Dugout Divided: Foley & Lardner Clients Clash In World Series

  By Chris Villani

  The World Series matchup between Foley & Lardner LLP clients, the Milwaukee Brewers and the Tampa Bay Rays, has pitted partners against one another as the firm enjoys a good-natured intrasquad rivalry during the Fall Classic.