Top Stories

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  CFTC Floats Framework For Crypto Cos. Offering Leverage

  By Aislinn Keely

  The U.S. Commodity Futures Trading Commission on Monday unveiled plans for a framework governing leveraged crypt...(read more)

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  Justices Want SG's View On 3 Antitrust Cases

  By Matthew Perlman

  The U.S. Supreme Court on Monday called for the solicitor general's view in antitrust cases involving hard drive...(read more)

• Ábrego García Deportation Hearing Abruptly Scrapped

  By Jared Foretek

  A hearing on the Trump administration's months-long bid to deport Kilmar Ábrego García to Liberia was abruptly scrapped Tuesday afternoon, and attorneys on both sides declined to say why.

• 10th Circ. Revives Prosecution Of Utah Psilocybin Church

  By Sam Reisman

  The Tenth Circuit has revived a state court prosecution against a Utah church that uses the psychedelic psilocybin as a sacrament, saying the enforcement action did not violate religious freedoms and a lower district judge erred by halting it.

• Groq Investors Sue Over Nvidia's $20B 'Reverse Acqui-Hire'

  By Jarek Rutz

  Two former Groq Inc. stockholders have sued the artificial intelligence chip company's directors and a former officer, alleging in a Delaware Chancery Court complaint that they improperly handed Groq's technology and engineering workforce to Nvidia Corp. through a roughly $20 billion reverse acqui-hire without a stockholder vote or a process aimed at getting the best price.

• Cornell Hires Ex-Deputy AG Yates To Lead Internal Review

  By Christine DeRosa

  Following widespread public outrage over how a former student's rape allegations were handled, Cornell University has hired former deputy U.S. attorney general and King & Spalding LLP partner Sally Yates to lead an internal review of its policies and procedures.

• 3rd Circ. Judge Faces Ethics Complaint For Managing PR Firm

  By Adrian Cruz

  A pair of U.S. senators from Delaware have filed an ethics complaint with the Third Circuit raising concerns over U.S. Circuit Judge Jennifer Mascott's purported operation of a public affairs agency, months after she was officially confirmed to the appellate court.

• Ex-FBI Analyst Says Bove Ordered Illegal Protester Probe

  By Courtney Bublé

  A former FBI agent has come forward with a claim that when U.S. Circuit Judge Emil Bove was at the U.S. Department of Justice, he directed the Los Angeles field office to illegally investigate protesters.

• 4 Firms Advise On $5.8B Option Care Health Take-Private Deal

  By Al Barbarino

  Private equity firm Clayton Dubilier & Rice and healthcare company McKesson Corp. said Tuesday they have agreed to acquire Option Care Health for $5.8 billion, taking the largest U.S. independent provider of home and alternate-site infusion services private.

• Judge Newman Gets Suspension Fight Transferred To 11th Circ.

  By Dani Kass

  The U.S. Supreme Court has transferred the Federal Circuit's investigation of suspended U.S. Circuit Judge Pauline Newman to the Eleventh Circuit, the latter court said Tuesday.

• DC Circ. Probes NewsGuard Over Harm From FTC Orders

  By Matthew Perlman

  A D.C. Circuit panel probed an attorney for NewsGuard on Tuesday about the kind of harm a Federal Trade Commission investigation and merger settlement in the advertising industry caused the news ratings group.

• 3 Firms Steer Uber's $2.3B Buy Of Catering Platform EzCater

  By Jade Martinez-Pogue

  Ride-hailing giant Uber Technologies Inc. on Tuesday unveiled plans to acquire catering platform ezCater in a $2.3 billion all-cash deal that was built by three law firms.

• Energy Transfer Inks $2.6B Permian Bolt-On Acquisition

  By Al Barbarino

  Midstream energy company Energy Transfer LP has agreed to acquire Vaquero Midstream LLC for about $2.63 billion, with Sidley Austin LLP advising Energy Transfer and Willkie Farr & Gallagher LLP representing Vaquero, the companies announced Tuesday.

• Emera, ATCO Reveal Plan To Create CA$72B Canadian Utility

  By Al Barbarino

  Emera and ATCO said Tuesday they have agreed to a merger of equals that would create a utility with a pro forma enterprise value of about CA$72 billion ($50.6 billion), representing what they said is the largest merger in Canadian history.