The U.S. Supreme Court's decision last week not to review a D.C. Circuit decision laying a path to enforce more than $400 million in arbitral awards against Spain has removed a jurisdictional hurdle for other similarly situated creditors, but other sticking points in the cases are likely to remain.
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WEDNESDAY, JULY 8, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Spain Cert Denial Clears A Path, But Creditors Face Hurdles

By Caroline Simson

The U.S. Supreme Court's decision last week not to review a D.C. Circuit decision laying a path to enforce more than $400 million in arbitral awards against Spain has removed a jurisdictional hurdle for other similarly situated creditors, but other sticking points in the cases are likely to remain.

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Analysis

5 Midyear White Collar Trends To Watch

By Phillip Bantz

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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Baltimore County Defends Bid For Bridge Economic Losses

By Linda Chiem

Baltimore County has told a Maryland federal judge that it's entitled to recover "concrete and calculable" economic damages and search-and-rescue expenses over the Francis Scott Key Bridge disaster, rejecting efforts to slash damages owed by the owner and manager of the cargo ship that rammed into the bridge.

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POLICY & REGULATION

Brief

Commerce Opens Duty-Free Moroccan Fertilizer Process

By Jack McLoone

The U.S. Department of Commerce said Tuesday it has begun accepting written requests from those looking to take advantage of a temporary suspension of countervailing duties on Moroccan phosphate fertilizer imports.

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INVESTIGATIONS & REVIEWS

Brief

Algerian Wire Rod Facing US Countervailing Duty

By Jack McLoone

Carbon and alloy steel wire from Algeria is facing a possible countervailing duty after the U.S. Department of Commerce on Tuesday preliminarily found it to be benefiting from government subsidies.

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ENFORCEMENT

Consultant Says FARA Verdict Should Be Erased

By Rose Krebs

A political consultant convicted of knowingly failing to register as a foreign agent as she helped draft a $50 million contract involving a former congressman and Venezuela's state-owned oil enterprise continues to argue she should be acquitted or given a new trial, saying the verdict was "against the great weight of the evidence."

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ARBITRATION

Judge Recommends Netting Sugar Arb. Awards To $3.9M

By Jack McLoone

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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PEOPLE

Winston Taylor Hires IP Trio From DLA Piper In DC, Calif.

By Jack Rodgers

Winston Taylor has hired three attorneys from DLA Piper, who focus their practices on IP litigation and rejoin a colleague from their former firm who took a role as leader of its U.S. International Trade Commission practice last month, according to a Tuesday announcement.

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EXPERT ANALYSIS

Justices Stand On Statutory Specifics In Cisco And Landor

With its June 23 decisions in Cisco Systems Inc. v. Doe and Landor v. Louisiana Department of Corrections and Public Safety, the U.S. Supreme Court doubled down on the critical point that the statute invoked in a federal claim must authorize a private lawsuit and the remedy sought, says Patrick Judd at Phelps Dunbar.

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Quantum Readiness May Paradoxically Raise Contractor Risk

The organizations best positioned for the cryptographic system migration deadlines and other requirements under President Donald Trump’s recent quantum executive orders will be those able to inventory their cryptographic dependencies while protecting their vulnerability road map from adversaries, says Jesse Lemon at The Beckage Firm.

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LEGAL INDUSTRY

Sealing The Deal

How Gibson Dunn Helped SpaceX Pull Off Its $75B Global IPO

By Al Barbarino

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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CEO Cops To Conspiracy In BigLaw Insider Trading Case

By Sydney Price

A Dubai-based CEO and trader has pled guilty in Massachusetts federal court to charges that he worked with a former BigLaw associate and others to carry out a far-reaching insider trading scheme.

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Justices To Defend Court's Budget In Rare Hill Testimony

By Courtney Bublé

U.S. Supreme Court Justices Amy Coney Barrett and Elena Kagan will testify before House and Senate committees on July 14, marking the first time in seven years that a sitting justice has gone before lawmakers.

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Ex-DOJ Employees Tell Senate To Reject Blanche Nomination

By Emily Sawicki

Hundreds of former Justice Department employees and appointees urged the Senate in a Tuesday letter to reject the nomination of acting Attorney General Todd Blanche for the permanent role, particularly noting what they called Blanche's work toward politicizing the department.

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ChatGPT Edits Weren't 'Knowing' Errors, Conn. Justices Told

By Aaron Keller

A GLG Law LLC lawyer who blamed ChatGPT for misquotes and citation errors in three filings told the Connecticut Supreme Court on Tuesday he did not violate an ethics rule requiring candor to the tribunal because his briefs, though inaccurate, contained correct assertions about the law.

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Ogletree Co-Founder Deakins, 'Beacon Of Wisdom,' Dies At 90

By Emily Johnson

A co-founder of the global labor and employment juggernaut Ogletree Deakins Nash Smoak & Stewart PC died Monday after decades of helping shape the firm's values of honesty and transparency.

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McCarter Atty's Work 'Fell Short' In $20M Deals, Judge Told

By Brian Steele

McCarter & English LLP and one of its Connecticut attorneys failed to uphold the applicable standard of care when advising insurers on $20 million worth of loan transactions that ultimately fell apart because the borrower stopped paying, an expert witness told a Connecticut state court on Tuesday.

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House Dems Push To Ban Judges From Prediction Markets

By Emily Sawicki

Ranking members of the House Judiciary Committee on Tuesday called on the federal judiciary to ban judges from taking part in prediction markets amid growing concerns that court-related wagers could undermine judicial integrity.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Beckage Firm

Bekman Marder

Blank Rome

Boies Schiller

Cahill Gordon

Cleary Gottlieb

DLA Piper

DiCello Levitt

Duane Morris

Gibson Dunn

Goodwin Procter

Grant & Eisenhofer

Harris Beach Murtha

Jayne Law Group

Kirby McInerney

Kramer Alberti

Latham & Watkins

Lochner Law Firm

Logan Vance

Markus Moss PLLC

Mauro Law PA

Mayer Brown

McCarter & English

Nelson Mullins

Oblon

Ogletree Deakins

Pallas Partners

Phelps Dunbar

Pierson Ferdinand LLP

Quinn Patton

Saltz Mongeluzzi

Sidley Austin

Silver Golub

Simpson Thacher & Bartlett

Smouse & Mason

Troutman

Wiggin & Dana

Winston Taylor

Withersworldwide

Zarco Einhorn

Zeldes Needle

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Arbitration Association

BayWa AG

Cisco Systems Inc.

Connecticut Bar Association

Connecticut Fair Housing Center

Dutch Farms Inc.

EchoStar Corp.

Fort Point Capital

Gerson Lehrman Group Inc.

Google LLC

International Business Machines Corp.

International Longshoremen's Association

Johnson & Johnson

LinkedIn Corp.

Microsoft Corp.

Nasdaq Inc.

Occidental Petroleum Corp.

Space Exploration Technologies Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Congressional Research Service

European Commission

European Union

Federal Acquisition Regulatory Council

Federal Bureau of Investigation

Internal Revenue Service

International Trade Administration

International Trade Commission

National Institute of Standards and Technology

National Security Agency

Patent Trial and Appeal Board

U.S. Army

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Southern District of Florida

U.S. Coast Guard

U.S. Department of Commerce

U.S. Department of Justice

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of Florida

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

U.S. Office of Personnel Management

U.S. Securities and Exchange Commission

U.S. Supreme Court

US Office of Management and Budget