Top Stories

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  Treasury Proposes Barring Big Investors From Buying Homes

  By Isaac Monterose

  The U.S. Department of the Treasury has proposed a rule that would bar large institutional investors from buying...(read more)

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  JPMorgan, Ex-Frank Execs Clash Over $2.1M In Legal Fees

  By Jarek Rutz

  JPMorgan Chase & Co. faced renewed demands in the Delaware Chancery Court on Thursday to pay about $2.1 million ...(read more)

• 'Grave Errors': 5th Circ. Boots Judge After AI 'Botch Job'

  By Jeff Overley

  A Mississippi federal judge's careless use of artificial intelligence tools led to "sloppy edicts" riddled with "falsehoods and fabrications," the Fifth Circuit held in a Thursday night opinion removing the judge from litigation over an anti-DEI law in the Magnolia State because of his "extraordinarily grave errors."

• Reed Smith Seeks 2nd Circ. Emergency Stay In Eletson Row

  By Bonnie Eslinger

  Reed Smith urged the Second Circuit in an emergency motion to pause lower court decisions requiring the firm to turn over client files related to shipping company Eletson, saying the courts have "presumed the outcome" of a bankruptcy appeal before scheduled December oral arguments.

• 'Stop Playing Games': Ill. Judge Floats T-Shirt TM Contempt

  By Lauraann Wood

  The founder of an apparel company that lost a "This We'll Defend" slogan infringement trial and appeal has one week to comply with the permanent injunction requiring him to relinquish property bearing the trademark or be held in contempt of court, an Illinois federal judge said Thursday.

• Russia Must Put Up Security In $50B Yukos Award Suit

  By Caroline Simson

  England's Court of Appeal on Thursday ordered Russia to put up nearly £1 million in security as it appeals the enforcement of some $50 billion in arbitral awards to former shareholders of Yukos Oil Co., citing a "real risk" that the country could refuse to pay if it's unsuccessful.

• Roundup MDL Atty Fund 'Cries Out' For Review, 9th Circ. Told

  By Dorothy Atkins

  Plaintiffs' firms urged the Ninth Circuit to reverse a ruling Thursday requiring them to contribute 8% of their recovery fees to a common benefit fund in multidistrict litigation over Monsanto's Roundup weed killer, arguing the judge ignored a special master's recommendation and the issue "cries out for some appellate supervision."

• Anthropic Can't Get 'Claude Mythos' TMs Yet, USPTO Says

  By Theresa Schliep

  The U.S. Patent and Trademark Office issued initial denials of Anthropic PBC's request to register the term "Claude Mythos" for its artificial intelligence products, preliminarily finding that the term would likely be confused with an existing registration.

• 9th Circ. Affirms Verdict Clearing Shyamalan Of Infringement

  By Elliot Weld

  The Ninth Circuit on Thursday upheld a jury's decision clearing Apple Inc. and filmmaker M. Night Shyamalan of allegations that they stole an independent filmmaker's work for the Apple TV show "Servant," rejecting arguments of improper jury instructions.

• 6th Circ. Weighs Ford's $13M Trade Secrets Verdict

  By Melanie Dorsey

  A panel of the Sixth Circuit on Thursday questioned whether Ford should have to surrender $13.2 million in profits from a vehicle interface module after a jury found the automaker misappropriated a supplier's trade secrets, pressing attorneys on whether the award improperly included profits generated by features unrelated to the disputed technology.

• Va. State Senator Accused Of Using Office To Aid Pot Shop

  By Jared Foretek

  Democratic Virginia state Sen. L. Louise Lucas was charged in a federal indictment unsealed Thursday with racketeering, money laundering, conspiracy to distribute marijuana and conspiracy to commit wire fraud, accused of running a criminal enterprise through a Portsmouth hemp shop.

• Zurich Gets 11th Circ. To Shrink Solar Co.'s Coverage Win

  By David Aaro

  Zurich American Insurance convinced the Eleventh Circuit on Thursday to narrow First Solar Electric LLC's $12.2 million jury win in a coverage dispute over rain damage, but the appeals court backed the bulk of damages awarded to the Georgia solar farm.

• California Jury Clears San Francisco In DA Worker's Bias Case

  By Bonnie Eslinger

  A California jury on Thursday ended a decadelong, precedent-setting race bias suit brought by a Black San Francisco prosecutor's office worker who claims that the city inadequately responded after a co-worker called her a racial slur, finding that there was no racial harassment or retaliation.

• FTC Wants More Info On Curium's $8B Deal For Lantheus

  By Matthew Perlman

  The Federal Trade Commission has requested additional information about Curium's planned $8 billion acquisition of fellow radiopharmaceutical company Lantheus Holdings Inc., extending a waiting period that prevents the transaction from closing.