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  FTC Puts $3.6B Cabinetry Merger Under Microscope

  By Matthew Perlman

  The Federal Trade Commission has requested additional information from MasterBrand Inc. and American Woodmark Co...(read more)

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  Parents Say Texas Camp Put Profits Over Their Girls' Lives

  By Lauren Berg

  The families of six children and two teenage counselors killed in flooding this summer at Camp Mystic in Texas' ...(read more)

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• Fintech StoneCo Investors Get First OK For $27M Settlement

  By Sydney Price

  Payment processing company StoneCo Ltd. and its investors have received preliminary approval from a New York federal judge of their $26.8 million settlement ending claims the company misled about its role in the failure of a merchant lending program it once offered in Brazil.

• Copyright Guide Or Policy Change? Project Divides IP Attys

  By Ivan Moreno

  The American Law Institute's restatements of law, widely regarded as influential reference points for judges and attorneys, are typically yearslong projects that are finished quietly and without much controversy, but one for copyright that concluded this year has diverged from that tradition.

• Purdue Kicks Off Ch. 11 Confirmation With Plan Overview

  By Vince Sullivan

  Bankrupt OxyContin maker Purdue Pharma began its Chapter 11 confirmation trial Wednesday with an overview of its latest plan and the myriad settlements that underpin the proposal, including a $6.5 billion commitment from the company's owners.

• SEC's Atkins Previews Crypto 'Taxonomy' Plans, Exemptions

  By Aislinn Keely

  U.S. Securities and Exchange Commission Chairman Paul Atkins on Wednesday pledged to "draw clear lines" about which crypto transactions the SEC doesn't regulate, but committed that coming rules and exemptions for digital assets are "not a promise of lax enforcement at the SEC."

• 1st Circ. Weighs Federal Halt To Planned Parenthood Funding

  By Dan McKay

  First Circuit judges skeptically questioned a Planned Parenthood attorney Wednesday as they wrestled with whether Congress illegally singled out the organization in budget legislation that blocks its federal Medicaid funding for a year.

• Fed. Circ. Reverses Ax Of Oil Tool Patent And Fixes Error

  By Ryan Davis

  The Federal Circuit ruled Wednesday that a Texas federal judge wrongly invalidated an oil well tool patent as indefinite, saying the patent contains a rare example of an error that is so clear it can be corrected by a court.

• 2 Firms Guide Baytex On $2.3B Sale Of Eagle Ford Assets

  By Al Barbarino

  Vinson & Elkins LLP and Burnet Duckworth & Palmer LLP are advising Baytex Energy Corp. on its agreement to sell its U.S. subsidiary, Baytex Energy USA Inc., to an undisclosed buyer for about $2.3 billion, the company said Wednesday.

• Ill. Justices Probe 'Catch-22' In $7B Grain Belt Line Fight

  By Celeste Bott

  Illinois Supreme Court justices considering whether to uphold an Illinois agency's authorization of part of the $7 billion Grain Belt Express high-voltage transmission line on Wednesday pressed counsel for landowners insisting they shouldn't to address whether their argument creates a "catch-22" for the developer if it can't get funding without regulatory signoff but needs regulatory approval to secure financing.

• Ex-Prince Lobel Atty Charged With Forging Liquor Licenses

  By Julie Manganis

  The former chair of Prince Lobel Tye LLP's restaurant and hospitality practice has been indicted on charges that she forged liquor licenses for three clients before she was fired last year, the Suffolk County District Attorney's Office said Wednesday.

• Marketing Co. Can't Escape Ex-CEO's Pay Bias Lawsuit

  By Patrick Hoff

  Marketing firm Omnicom can't dodge a former executive's lawsuit alleging she was paid less than men and fired without the chance to transfer when her job was eliminated, a Texas federal judge ruled, saying her lawsuit adequately identified men who she said were treated better.

• BNP Trial Judge Rejects 'Frivolous' Witness-Coaching Claim

  By Pete Brush

  A Manhattan federal judge on Wednesday forcefully rejected claims that supposed witness-coaching tainted a recent trial during which Sudanese refugees won a $20 million bellwether verdict against BNP Paribas for allegedly contributing to former dictator Omar al-Bashir's atrocities.

• Justices Fret Over Giving Judges More First Step Act Power

  By Phillip Bantz

  The U.S. Supreme Court raised concerns Wednesday about spurring a flood of compassionate release motions from prisoners if it allows judges to have wide discretion to find "extraordinary and compelling reasons" to pare down sentences for criminal defendants under the First Step Act.