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July 07, 2026
Mitsubishi Motors North America Inc. on Tuesday secured an order blocking a New Jersey car dealership from continuing to operate as an authorized Mitsubishi dealer after a federal judge determined the automaker likely lawfully terminated the franchise over alleged staffing, training and inventory issues.
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July 07, 2026
Mead Johnson is set to go to trial this summer in the first case to make it to a jury in multidistrict litigation claiming baby formula caused a serious gut illness in premature infants, while the U.S. attorney's office in Chicago is facing a possible sanctions hearing over prosecutorial misconduct allegations in two Illinois cases on attorneys' radar for the rest of the year.
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July 07, 2026
The U.S. Securities and Exchange Commission has issued a new rulemaking agenda that highlights its plans to reduce executive compensation disclosure requirements at publicly traded companies and possible changes to broker-dealer recordkeeping requirements, while both it and the U.S. Commodity Futures Trading Commission are exploring new cryptocurrency rulemaking.
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July 07, 2026
A Fifth Circuit panel pushed insurers to explain why they should be allowed to avoid covering the defense of Ericsson Inc. against claims the company funded foreign terrorist organizations, asking Tuesday if Ericsson knew the money it gave out "was going to kill Americans."
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July 07, 2026
The former CEO of a special purpose acquisition company that helped take Truth Social public urged a Florida judge Tuesday to allow President Donald Trump's deposition, arguing it's necessary to defend against a claim that he was targeted in a conspiracy to sign a merger agreement without his knowledge.
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July 07, 2026
Rohit Chopra, a former member of the Federal Trade Commission and current head of a new California agency, has urged the FTC to reject X Corp.'s attempt to be released from an enforcement order stemming from data privacy violations, arguing that such a "pardon" would expose its users to further fraud and abuse.
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July 07, 2026
A Florida federal judge on Monday tossed a $25 million securities fraud case against William "Beau" Wrigley Jr., heir to the chewing gum fortune, and the cannabis company he used to run, finding that the allegations brought by investors fell outside the ambit of federal securities law.
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July 07, 2026
An internal leadership battle within a professional tennis player advocacy group escalated Monday, when the Professional Tennis Players Association claimed in Illinois federal court that its ex-general counsel staged a "coup" by recruiting a rogue executive committee to seize control of the organization and its antitrust suit against tennis's governing bodies.
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July 07, 2026
Cryptocurrency trading platform Kraken has asked the Delaware Chancery Court to enforce a $22 million arbitration award it won against Mazars US LLP after the auditor suddenly quit the 2022 audit it was conducting for Kraken as the digital assets company came under a federal regulatory investigation.
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July 07, 2026
A Florida hospital pushed back against pharmaceutical giant Eli Lilly over the drugmaker's requirement that providers hand over drug dispensing data before federal price discounts are applied, saying the policy is overly burdensome.
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July 07, 2026
Truck drivers denied overtime under a Fair Labor Standards Act carveout for interstate commerce urged the Ninth Circuit on Tuesday to find they're entitled to the pay, saying that they drove only within California and that their employers' "predictive model" order fulfillment system doesn't qualify their deliveries as interstate commerce.
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July 07, 2026
The Second Circuit on Tuesday found that a late investor in defunct retailer Bed Bath & Beyond can keep the profits from its sale of the company's stock, rejecting claims that a contractual cap on the investor's share ownership was a sham.
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July 07, 2026
The practice of white collar criminal defense is fraught with uncertainty halfway into 2026 as lawyers try to navigate upheaval in the U.S. Department of Justice, the prospect of big changes in Congress and the rapidly developing use of artificial intelligence.
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July 07, 2026
A Connecticut automotive accessories company has reached a deal with a nonprofit that owns the rights to the "Terrible Towel" trademarks associated with the Pittsburgh Steelers fanbase to resolve a trademark infringement suit.
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July 07, 2026
Kilpatrick Townsend & Stockton LLP has added a former Reed Smith LLP mergers and acquisitions star to chair its West Coast Mergers & Acquisitions Practice at its Menlo Park, California, office, where he brings deep experience handling complex mergers, cross-border acquisitions, divestitures, stock investments, consolidations and more.
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July 07, 2026
Three senior Democratic senators are investigating whether several companies with ties to President Donald Trump are benefiting from what they alleged was immunity for him, his family and his businesses in the settlement he reached with the Internal Revenue Service.
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July 07, 2026
Exxon asked a Texas federal court to rule that it's owed a $273 million tax refund and $51 million in penalties in a dispute with the U.S. government over the tax treatment of a natural gas deal with Qatar.
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July 07, 2026
Lawyers for the Trump administration and a Catholic religious order Tuesday asked the Third Circuit to restore broad exemptions to the Affordable Care Act's birth control coverage mandate, arguing federal agencies had discretion to pass rules that effectively enabled employers to "opt in" to the mandate rather than opt out.
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July 07, 2026
When SpaceX completed its record-breaking $75 billion initial public offering last month, the transaction was notable not only for its size — the largest IPO ever — but also for breaking new ground in how public offerings can be structured to reach retail investors around the world.
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July 07, 2026
American Healthcare Systems Corp. and its founder announced Tuesday that they have filed an amended complaint in California state court against the company's former in-house counsel, alleging he orchestrated a coordinated extortion and takeover scheme to seize control over the corporation.
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July 07, 2026
A Florida federal magistrate judge recommended rolling an arbitration award and a related counterclaim award over broken sugar contracts into a single judgment, which would set the net amount awarded to an Illinois sugar company at $3.86 million.
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July 07, 2026
An insurer for a home renovation company is bound by a nearly $78 million judgment in an underlying suit over an auto collision involving a worker who was on the way to perform plumbing services and cannot attack the judgment as fraudulent, a California federal judge has ruled.
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July 07, 2026
A Polsinelli PC shareholder who worked at K&L Gates LLP early in his career has returned to the firm as a finance partner in Charleston, South Carolina.
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July 07, 2026
Fox Rothschild LLP plans to launch a Fort Lauderdale office, which will bring its Florida presence to four total locations.
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July 06, 2026
A recent executive order intended to boost the security of advanced artificial intelligence systems hinges on developers voluntarily making their models available to the government for prerelease testing, but lingering questions about the potential trade-offs of this exchange raise doubts about the ultimate effectiveness of this model.