Top Stories

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  Fed. Circ. Won't Revive $15M Patent Verdict Against Google

  By Adam Lidgett

  The Federal Circuit on Wednesday shot down an audio programming patent owner's request to undo a Delaware federa...(read more)

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  Winston & Strawn, Cravath Guide $19B Industrial Tech Merger

  By Al Barbarino

  Chart Industries Inc. and Flowserve Corp. said Wednesday they have agreed to merge in an all-stock deal that val...(read more)

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• 3 Firms Advise On $1.7B Sale Of Kleenex Maker Majority Stake

  By Al Barbarino

  Kirkland & Ellis LLP and Baker McKenzie LLP are guiding Kimberly-Clark Corp. on a deal to sell a majority stake in its international tissue business to Freshfields LLP-advised Brazilian paper producer Suzano, in a deal announced Thursday that values the business at about $3.4 billion. 

• Bernstein Litowitz Can Hire Ex-SEC Atty Over Musk Objection

  By Jessica Corso

  A New York federal judge on Thursday gave the all-clear for investor-side firm Bernstein Litowitz Berger & Grossmann LLP to hire the U.S. Securities and Exchange Commission's former litigation chief over the objections of Elon Musk.

• Hedge Fund Founder Hits Ch. 11 After $113M Judgment

  By Rick Archer

  The founder of the bankrupt Weiss Multi-Strategy Advisers has himself sought Chapter 11 protection in Florida after a New York judge granted a nearly $113.5 million judgment against him in favor of his firm's largest creditor.

• BREAKING: 4th Circ. Stalls Jordan's NASCAR Team During Antitrust Suit

  By Hayley Fowler

  The Fourth Circuit on Thursday wiped out an injunction allowing two NASCAR teams, including one co-owned by NBA legend Michael Jordan, to continue racing as chartered teams amid their widely publicized antitrust suit against the association, finding their theory of antitrust law is unsupported by case law.

• BREAKING: KFC Parent Co. Fights $2B IRS Bill In Tax Court

  By Anna Scott Farrell

  The parent company of Pizza Hut, KFC and Taco Bell is challenging more than $2 billion in taxes that the IRS claims it owes for a corporate reorganization it undertook more than a decade ago to restructure its international operations, according to a U.S. Tax Court petition served Thursday. 

• High Court Drops Class Cert. Clarification Bid

  By Katie Buehler

  The U.S. Supreme Court on Thursday declined to weigh in on whether federal courts can certify classes that include uninjured members, holding it improperly agreed to hear a disability discrimination case against diagnostics company Labcorp that raised the important question.

• BREAKING: Justices Revive Bid To Enforce $1.3B Indian Satellite Award

  By Caroline Simson

  The U.S. Supreme Court on Thursday overturned a Ninth Circuit decision refusing to enforce a $1.3 billion arbitral award issued to an Indian satellite communications company, ruling that the court's outlier interpretation of a jurisdictional question was incorrect.

• BREAKING: Supreme Court Bars Hamas Victims From Reviving Bank Suit

  By Katie Buehler

  The U.S. Supreme Court ruled Thursday that victims of Hamas terrorist attacks are prohibited from refiling a lawsuit seeking to hold a Lebanese bank liable for aiding and abetting, asserting that final judgments can only be reopened under "extraordinary circumstances."

• Justices Nix Mexico's Cartel Violence Suit In Win For Gun Cos.

  By Chris Villani

  The U.S. Supreme Court on Thursday threw out a suit by the government of Mexico against Smith & Wesson and other major gun companies, finding in a unanimous opinion that the alleged ties between the firearms makers and cartel violence south of the border are too speculative to stand up in court.

• Justices Fault Wis. For Denying Tax Break To Charities

  By Maria Koklanaris

  Wisconsin discriminated against a group of Catholic charities when it denied them an unemployment tax exemption, the U.S. Supreme Court said Thursday, rejecting the state's argument that the charities were not operated primarily for religious purposes.

• JPMorgan Blocks VTB's Russian Case Over Frozen $156M

  By William Janes

  JPMorgan won its fight on Thursday to block VTB Bank from bringing a $156 million case in Russia over frozen funds, as a London court ruled that the Russian lender's claims were "vexatious and oppressive."

• Trump Issues Travel Ban On 12 Countries, Limits 7 Others

  By Rae Ann Varona

  President Donald Trump on Wednesday issued a proclamation banning travelers from a dozen countries, including several he targeted during his first administration, and placed travel limitations on travelers from seven other countries, citing national security concerns.