A New Jersey federal judge on Friday declined to unfreeze $273,820 of a dispensary's funding frozen in an account between a payment processor and a Florida bank, saying the dispensary hasn't shown it is at risk of insolvency without the money.
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TOP NEWS

NJ Pot Shop Fails To Prove Urgency In $273K Fund Dispute

By Mike Curley

A New Jersey federal judge on Friday declined to unfreeze $273,820 of a dispensary's funding frozen in an account between a payment processor and a Florida bank, saying the dispensary hasn't shown it is at risk of insolvency without the money.

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NY Pot Regulators Wrongly Yanked Dispensary Site, Suit Says

By Jonathan Capriel

A would-be Brooklyn dispensary has claimed New York cannabis regulators arbitrarily revoked approval for its retail shop location after it signed a $5 million lease for the spot, according to a petition urging a state court to undo the regulators' decision.

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Bass Pro Reels In Final Approval For $5M Tobacco Suit Deal

By Elaine Briseño

A Missouri federal judge has granted final approval to a $4.95 million settlement in a lawsuit that accused Bass Pro Shops of failing to tell employees who used tobacco how they could avoid incurring an extra $2,000-per-year charge for health insurance.

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EXPERT ANALYSIS

Neb.'s Cannabis Regulatory Void Poses Operational Risks

With the Nebraska Legislature recently declining to advance any cannabis legislation, leaving the state without a regulatory framework for voter-passed initiatives, the risks of operating without clear rules will likely affect patients, providers and caregivers, says John Cartier at Omnus Law.

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Opinion

The BigLaw Settlements Are About Risk, Not Profit

The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.

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LEGAL INDUSTRY

Jenner & Block Ruling 'Meant What It Said,' Judge Tells Feds

By Lauren Berg

The order striking down the Trump administration's executive order targeting Jenner & Block LLP "meant what it said," a Washington, D.C., federal judge ruled Monday, saying the government must rescind enforcement of all parts of the president's directive.

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Brief

Schumer Pledges To Fight GOP's Limits On Court Power

By Courtney Bublé

Senate Minority Leader Chuck Schumer, D-N.Y., has vowed to challenge a provision in House Republicans' budget reconciliation package that would curtail courts' ability to issue contempt citations.

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The Top In-House Hires Of May

By Michele Gorman

Legal department hires over the past month included high-profile appointments at Adobe, Takeda Pharmaceutical and Duke Energy. Here, Law360 Pulse looks at some of the top in-house announcements from May.

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Titan Of The Plaintiffs Bar: Labaton Keller's Ned Weinberger

By Katryna Perera

Ned Weinberger, a partner at Labaton Keller Sucharow LLP, said he never expected that his clients' suit challenging a $23.9 billion Dell Technologies Inc. stock swap would reach a whopping $1 billion settlement, let alone result in the largest prejudgment recovery ever achieved in a fiduciary duty action in the Delaware Chancery Court.

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Retired Judges Call Wis. Judge's Prosecution 'Dangerous'

By Ryan Boysen

The Trump administration's prosecution of a Wisconsin state judge who refused to help immigration agents arrest an undocumented immigrant is an "extraordinary and direct assault on the independence of the entire judicial system," according to a bipartisan group of 138 former state and federal judges.

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Susman Godfrey Founder, 'Preeminent' Litigator, Dies

By Jack Karp

H. Lee Godfrey, one of the founders of litigation boutique Susman Godfrey LLP, died on Monday, leaving behind a legacy as a thoughtful leader who performed exceptional work as a trial attorney, firm leaders said.

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Brief

Third Round Of Fixes Sought In Botched Calif. Bar Exam

By Emily Sawicki

The California state bar's committee of bar examiners has approved two additional remedies in an effort to help applicants who failed the troubled February exam, including asking the state Supreme Court to approve a further scoring adjustment that would bring the passing rate up to about 63%.

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Brief

Jackson Walker, US Trustee Agree To Mediator In Fees Case

By Hilary Russ

Jackson Walker LLP and the federal government's bankruptcy watchdog have agreed to mediation in their fee dispute stemming from an ethics scandal in Texas, with the two sides agreeing that retired judge Joan N. Feeney should mediate.

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Report Finds Del. Court Jumbo Fees Rival Federal System

By Jeff Montgomery

Delaware's corporation law courts have overshadowed the entire federal court system for some class attorney fees based on multiples of usual rate benchmarks, according to two Stanford Law School researchers whose findings have already caught the attention of a top state lawmaker.

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CFTC Announces 2nd Enforcement Head In 3 Months

By Jessica Corso

The U.S. Commodity Futures Trading Commission on Monday named a new head of enforcement for the second time in three months, appointing its longtime deputy director to head the division.

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COMPANIES IN TODAY'S NEWS

AT&T Inc.

Adobe Inc.

Barclays PLC

Bass Pro Shops

Books-A-Million Inc.

Boston College

Bumble Inc.

Cartier SA

Cisco Systems Inc.

Dell Technologies Inc.

Duke Energy Corp.

Eli Lilly & Co.

Entertainment Software Association

Fastly Inc.

First National Bank of Pasco

General Motors Co.

HSN Inc.

International Business Machines Corp.

Johns Hopkins University

LinkedIn Corp.

Marsh & McLennan Cos. Inc.

Motion Picture Association Inc.

Nokia Corp.

Northrop Grumman Corp.

Nuveen LLC

Pattern Energy Group LP

Paypal Holdings Inc.

Progress Energy, Inc.

QVC Inc.

Roku Inc.

Scholastic Corporation

Shell PLC

Stanford University

Takeda Pharmaceutical Co. Ltd.

Walmart Inc.

Warner Bros. Discovery Inc.

Zulily Inc.

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Cooley LLP

Dewey & LeBoeuf

Frankfurt Kurnit

Gibbs & Bruns

Gimbel Reilly

Harrison LLP

Jackson Walker LLP

Jenner & Block

Kilpatrick Townsend

Labaton Keller

McCarter & English

McClelland Law Firm PC

Morris James

Ogletree Deakins

Orrick Herrington

Paul Weiss

Perkins Coie

Scale LLP

Sidley Austin

Strang Bradley

Stueve Siegel

Susman Godfrey

WilmerHale

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Delaware Court of Chancery

Federal Bureau of Investigation

Food and Drug Administration

Nebraska Attorney General's Office

Nebraska Supreme Court

New York Office of Cannabis Management

New York Supreme Court, New York County

U.S. Air Force

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of New Jersey

U.S. District Court for the Western District of Missouri

U.S. Drug Enforcement Administration

U.S. Immigration and Customs Enforcement

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin