Top Stories

• 

  1st Circ. Pushes For Settlement In Mass. 'Right-To-Repair' Suit

  By Chris Villani

  The First Circuit suggested Tuesday that major automakers and the Massachusetts Attorney General's Office should...(read more)

• 

  Gibson Dunn, Sullivan & Cromwell Lead SpaceX, XAI Merger

  By Lauren Berg

  Elon Musk announced Monday that SpaceX, represented by Gibson Dunn & Crutcher LLP, has acquired his artificial i...(read more)

• SEC Official Floats Using AI In Adviser-Retail Investor Chats

  By Sarah Jarvis

  The director of the U.S. Securities and Exchange Commission's investment management division said Tuesday that funds and advisers could one day use artificial intelligence agents to communicate with retail investors about what's contained in fund disclosure documents.

• 1st Circ. Mindful Of Justices In 3rd Country Removal Case

  By Julie Manganis

  A First Circuit panel suggested Tuesday that a U.S. Supreme Court emergency docket stay may constrain its review of a district judge's decision requiring due process for deportees facing removal to so-called third countries where they may face torture.

• NY-NJ Commission Sues Over Frozen Hudson Tunnel Funding

  By Linda Chiem

  The bi-state commission overseeing the $16 billion rehabilitation of aging commuter train tunnels under the Hudson River between New York and New Jersey has sued the Trump administration, alleging it's illegally withholding federal funds and jeopardizing the project, which is days away from having to shut down construction.

• SNAP Case 'Tip Of The Iceberg' In Anti-Fraud Effort, Feds Say

  By Carolyn Muyskens

  Four Massachusetts defendants were charged Tuesday with collecting more than $1 million in fraudulent food and unemployment benefits in what the state's top federal prosecutor called part of a broader U.S. Department of Justice initiative to root out fraud in government benefit programs.

• 4 Attys Sanctioned Over AI Hallucinations In Legal Brief

  By Elliot Weld

  A Kansas federal judge has issued sanctions against a group of lawyers representing a technology company in a patent dispute and has referred one attorney for disciplinary action over case citations hallucinated by ChatGPT appearing in a legal brief.

• Donerail Lobs $1.1B Takeover Bid For MarineMax Yachting Biz

  By Jade Martinez-Pogue

  Investor and adviser The Donerail Group, led by Olshan Frome Wolosky LLP, on Tuesday confirmed it had submitted a nonbinding takeover proposal to acquire Sidley Austin LLP-advised boat and yacht retailer MarineMax for $1.1 billion.

• Del. High Court Revives Noncompete Over Forfeited Equity

  By Jarek Rutz

  The Delaware Supreme Court on Tuesday revived a fire and life-safety services company's bid to enforce postemployment restrictive covenants against a former executive, rejecting a lower court's conclusion that those covenants became unenforceable once the executive forfeited his incentive equity after being fired for cause.

• Inspired Healthcare Capital Hits Ch. 11 With $1B+ Debt

  By Emily Lever

  Senior living-focused private equity investor Inspired Healthcare Capital has filed for Chapter 11 protection in a Texas bankruptcy court, listing between $1 billion and $10 billion in debt and with plans to pursue an asset sale.

• 'Doesn't Make Sense': DOJ Irks Judge In Merger Fight With AGs

  By Dorothy Atkins

  A California federal judge said Monday that the U.S. Department of Justice must hand over certain discovery materials to Democratic attorneys general challenging the DOJ's controversial settlement greenlighting the $14 billion merger of Hewlett Packard Enterprise and Juniper Networks, telling the DOJ that its argument that discussions of alternative remedies are shielded from discovery "doesn't make sense."

• 'We Have Not Done Enough' On Sex Assaults, Uber Exec Says

  By Bonnie Eslinger

  Uber's chief product officer, the final live defense witness Monday in a bellwether trial over the company's sexual assault liability in multidistrict litigation involving thousands of cases, rejected claims that Uber dragged its feet on implementing some safety measures, while conceding "we have not done enough."

• Fed. Circ. Grapples With AI Patent Eligibility In Amazon Case

  By Ryan Davis

  A Federal Circuit panel on Monday expressed skepticism about Rensselaer Polytechnic Institute's argument that an artificial intelligence-related patent it sued Amazon over was wrongly invalidated as abstract, though the court seemed wary of issuing a ruling that could render all AI unpatentable.

• CD&R To Pay $70M To Settle Covetrus Sale Dispute

  By Sydney Price

  Private equity firm Clayton Dubilier & Rice LLC and others have agreed to pay $70 million to settle a suit in Delaware's Court of Chancery by shareholders of animal health company Covetrus Inc. accusing them of failing to disclose vital information to shareholders when joining forces with another private equity firm to acquire Covetrus in 2022.