Top Stories

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  Simpson Thacher Points To Audit Issues In Malpractice Trial

  By Cara Salvatore

  A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP ...(read more)

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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)

• Top Privacy And AI Developments Of 2026: Midyear Report

  By Allison Grande

  The first half of the year has delivered major developments in the data privacy and artificial intelligence space, including the resumption of action to grow the state data privacy law patchwork, a U.S. Supreme Court decision that raises questions about the future of a key transatlantic data transfer deal and widespread scrutiny of so-called surveillance pricing practices.

• Minn. Judge Tosses DOJ Sanctuary Policies Suit

  By Tom Lotshaw

  A Minnesota federal judge Monday dismissed a Trump administration lawsuit challenging sanctuary policies in Minnesota, holding that the policies do not unlawfully attempt to regulate or thwart federal immigration enforcement.

• 4th Circ. Overturns Class Cert. In Boeing Investor Case

  By Katryna Perera

  The Fourth Circuit on Monday reversed class certification granted in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet, finding that neither the plaintiffs nor the lower court met the standards for certification set in a 2013 Supreme Court ruling.

• 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."