Top Stories

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  Court Pauses Paramount-Warner Bros. Deal Amid Challenge

  By Matthew Perlman

  A California federal court issued a temporary restraining order on Monday, preventing Paramount Skydance from mo...(read more)

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  Upon Review: The 2026 World Cup's Biggest Legal Stories

  By Alex Lawson

  The grandest iteration of the World Cup to date unsurprisingly raised new legal and regulatory disputes, includi...(read more)

• Kirkland, Troutman Guide $4B Magnolia Oil, WildFire Deal

  By Al Barbarino

  Houston-based Magnolia Oil & Gas Corp. said Monday it has agreed to acquire WildFire Energy for approximately $4.06 billion, including debt, in a deal steered by Kirkland & Ellis LLP and Troutman Pepper Locke LLP, respectively.

• Samsung Directed To Pay Interest Atop $445M Patent Verdict

  By Elliot Weld

  A Texas federal judge has ordered Samsung to pay prejudgment and postjudgment interest on a $445 million jury verdict that found the South Korean electronics firm was infringing patents covering wireless communications network efficiency.

• 2 More Whitmer Plot Convictions Reversed In Michigan

  By Melanie Dorsey

  Two men sentenced to prison for providing material support for terrorism and other crimes tied to the 2020 plot to kidnap Michigan Gov. Gretchen Whitmer had their convictions vacated Monday after a Michigan appellate panel ruled that a recent decision overturning a co-defendant's convictions required the same result.

• 4 Patent Cases To Watch In The Second Half Of 2026

  By Ryan Davis

  New limits on the ability to challenge patents tied to when they were issued, the invalidity standards for antibody patents and the test for design patent infringement are all at issue in cases patent attorneys will be monitoring for the rest of the year.

• 4 Firms Steer Brookfield, CPP's $5.2B LXP Industrial Deal

  By Al Barbarino

  Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to acquire U.S. warehouse portfolio owner LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, including debt, the companies said Monday.

• NC Energy Efficiency Aggregator Hits Ch. 11 After $1B Penalty

  By Hilary Russ

  North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after being hit with a penalty of more than $1 billion by federal energy regulators.

• Insurance Co. Alea Holdings Hits Ch. 11 With $280M In Debt

  By Alex Wittenberg

  Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying it plans to use the case to push through a $20 million deal with a major creditor.

• Kalshi Unwound Mich. Trades Before CFTC Order, Court Told

  By Aislinn Keely

  Kalshi told a Michigan judge that it will remain in compliance with a court order that instructed it to unwind certain residents' sports trades because it has no way to meet a U.S. Commodity Futures Trading Commission directive to defy the court and reinstate the contracts.

• Judge Decries 'Extreme' Penalty Bids In Social Media MDL

  By Dorothy Atkins

  A California federal judge overseeing an upcoming trial over states' social media addiction claims against Meta took issue with both sides' "extreme" penalty estimates during a pretrial hearing Friday, saying the states' $1.4 trillion proposal is "unreasonable," but Meta's $4 million estimate "is not even a slap on the hand."

• Taylor Farms, Taco Bell Sued Over Cyclospora Outbreak

  By Gina Kim

  Taylor Farms and Taco Bell are facing proposed class litigation in California, Michigan and Ohio federal courts after public health officials linked contaminated lettuce that was supplied to Taco Bell to a parasitic outbreak that's sickened more than 1,600 people in several states.

• FDIC Says Excessive Risk Dooms SVB's $1.7B Claim

  By Bonnie Eslinger

  The Federal Deposit Insurance Corp. argued during closing arguments in a trial in California federal court that Silicon Valley Bank's 2023 failure was due to excessive financial risk and mismanagement, while SVB countered that its losses were sparked by an "unprecedented" bank run.

• New Public Charge Rule Leaves Immigration Attys Guessing

  By Britain Eakin

  The U.S. Department of Homeland Security's new public charge rule will give immigration officers wide discretion to decide who will become dependent on government assistance, replacing clearly defined guidelines with a system attorneys say has no guardrails or objective standards.