Top Stories

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  Pillsbury Winthrop Latest Firm Targeted By Data Breach Suit

  By Hailey Konnath

  Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach ...(read more)

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  Trump Can't Revive $475M Libel Suit Against CNN At 11th Circ.

  By Dorothy Atkins

  The Eleventh Circuit upheld a ruling Tuesday tossing President Donald Trump's $475 million lawsuit alleging CNN ...(read more)

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• BigLaw Begins To Fall In Line With Cravath Bonuses

  By Aebra Coe

  Fried Frank Harris Shriver & Jacobson and McDermott Will & Schulte LLP are among the law firms following the lead of Cravath Swaine & Moore LLP on year-end associate bonuses this week, with at least four large firms matching the market leader within a day of Cravath's Tuesday announcement.

• Canadian Gas Co. Hits Ch. 15 Ahead Of Nov. Debt Payments

  By Clara Geoghegan

  Canacol Energy Ltd., a Canadian group that explores natural gas in Colombia, has sought Chapter 15 protection in New York, citing a liquidity crunch hampering its ability to make upcoming payments on over $900 million in debt.

• Trump's Global Tariffs Curtailed Trade, Data Shows

  By Natalie Olivo

  U.S. imports dropped by 5.1% in August, the month when many of President Donald Trump's global tariffs took effect, according to data released Wednesday by the Bureau of Economic Analysis.

• Wachtell Guides $1.9B Adobe Buy Of Davis Polk-Led Semrush

  By Al Barbarino

  Adobe Inc. said Wednesday it has agreed to acquire Semrush Holdings Inc., a provider of search and brand visibility tools, for $12 per share in cash, valuing the company at about $1.9 billion.

• Russian Tech Co. Hit With Sanctions Over Ransomware Links

  By William Janes

  The U.S., U.K. and Australia on Wednesday announced coordinated sanctions on Russia-based Media Land LLC and employees of the so-called "bulletproof hosting" service over allegations that the business has acted as a key enabler for ransomware attacks.

• Trump's New Pick For CFPB Director Is OMB Energy Official

  By Jon Hill

  President Donald Trump has tapped an energy official at the Office of Management and Budget to become permanent director of the Consumer Financial Protection Bureau, a key regulator whose future remains in doubt after months of turmoil and dwindling finances.

• Weil Guides Dycom On $2B Data Center Contractor Deal

  By Al Barbarino

  Weil Gotshal & Manges LLP is advising Dycom Industries Inc. on its planned acquisition of Power Solutions, in a deal that values the Miles & Stockbridge PC-advised data center electrical contractor at $1.95 billion, according to a Wednesday announcement. 

• Trump Taps Norton Rose Atty To Be EEOC General Counsel

  By Anne Cullen

  President Donald Trump has nominated Norton Rose Fulbright's global labor and employment head to serve a four-year term as general counsel of the U.S. Equal Employment Opportunity Commission.

• Sick With Cancer, Jack Abramoff Avoids Jail In Crypto Fraud

  By Bonnie Eslinger

  Disgraced Washington, D.C., lobbyist Jack Abramoff avoided a second stint in prison when a California federal judge sentenced him Tuesday to probation for his role in a cryptocurrency fraud, citing his cooperation with law enforcement and his stage-four cancer.

• Health Co. Execs Convicted In $100M Adderall Sales Scheme

  By Lauren Berg

  A San Francisco federal jury weighing a first-of-its-kind case on Tuesday convicted two digital healthcare company executives of scheming to sell Adderall through deceptive advertising, allegedly bringing in $100 million in illicit profits.

• Ex-FDA Chief Accuses J&J Of Hiding Talc Risks For 50 Years

  By Craig Clough

  A former head of the U.S. Food and Drug Administration spent a contentious day under cross-examination Tuesday in a Los Angeles bellwether trial over claims that Johnson & Johnson's talc products caused two women's ovarian cancer, accusing the company of hiding the products' health risks for over 50 years.

• Delaware Chancery Atty Fee Awards Under Fire In New Report

  By Jeff Montgomery

  Attorney fees in Delaware's Court of Chancery lack "consistent benchmarks" and, for big awards, may fail to reflect "risk or performance," according to a report Tuesday that potentially ratchets up pressure on state lawmakers wary of jeopardizing Delaware's standing as the national hub for corporate law disputes.