An aviation company whose customers pay to share private jets owes $24 million in excise taxes under an Ohio federal court ruling that found the Internal Revenue Service gave the company precise guidance that it was required to collect taxes from its customers on monthly management fees.
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TOP NEWS

Flexjet Predecessor Must Pay $24M In Excise Taxes On Fees

By Anna Scott Farrell

An aviation company whose customers pay to share private jets owes $24 million in excise taxes under an Ohio federal court ruling that found the Internal Revenue Service gave the company precise guidance that it was required to collect taxes from its customers on monthly management fees.

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Bahraini Co. Lobs Fraud Suit Over Faulty Paving Machine

By Caroline Simson

A Bahraini company that once sought government contracts repaving roads in the Middle East sued an Ohio asphalt recycling machine manufacturer on Wednesday, accusing it of fraudulently trying to pass off an inferior repurposed machine as new and then skipping out on a contractually mandated arbitration.

Complaint attached | Read full article » | Save to favorites »

DOJ Sidelines ABA From Vetting Trump's Judicial Picks

By Kevin Penton

The Justice Department plans to direct judicial nominees away from a long-standing vetting process by the American Bar Association, labeling it an "activist organization," according to a Thursday letter by Attorney General Pamela Bondi.

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EXPERT ANALYSIS

Series

Brazilian Jiujitsu Makes Me A Better Lawyer

Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.

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LEGAL INDUSTRY

Roundup

Hub Hires: Nelson Mullins, Cooley, Kirkland, Goodwin

By Chris Villani

May marked the end of the Celtics' title defense, but for firms looking to make moves, it was anything but the offseason. Nelson Mullins added a pair of Seyfarth Shaw litigators, Kirkland hired a new venture capital partner, and Cooley added an employment attorney and another who advises technology companies.

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Jenner & Block Fights DOJ Motion Over Exec Order

By Jake Maher

Jenner & Block LLP on Friday fought a bid from the U.S. Department of Justice to carve out part of a March executive order targeting the firm after the bulk of the order was tossed last week, in a dispute that could relate to future actions against the firm.

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The Path To $2B Merger Of Herbert Smith, Kramer Levin

By Tracey Read

Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP on Sunday will go live with their planned merger, which will combine 2,700 lawyers and more than $2 billion in revenue from both firms.

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Titans Of The Plaintiffs Bar: Philippe & Jennifer Selendy

By Yun Park

Philippe and Jennifer Selendy, who met as associates at Cravath Swaine & Moore LLP and married in 1997, each spent nearly three decades building distinguished legal careers. They now continue their partnership at Selendy Gay PLLC, founded in 2018, which has quickly grown into one of the nation's leading litigation firms, recovering more than $47 billion for their clients.

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AI Not Slowing Down Despite Ethical Risks, Experts Say

By Andrea Keckley

Following its rapid evolution in the past half-year alone, McDermott Will & Emery LLP Chief Information Officer Michael Shea predicted during a panel conversation Friday that artificial intelligence tools would see "pretty significant changes" over the next 12 months despite the challenges of putting guardrails around them.

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Law360's Legal Lions Of The Week

By Kevin Penton

Clement & Murphy PLLC leads this week's edition of Law360 Legal Lions, after a D.C. federal judge struck down President Donald Trump's executive order targeting WilmerHale.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

An investor is asking the Delaware Supreme Court to review the constitutionality of a new state law that broadens the protection of corporations in shareholder suits. And hundreds of general counsel are joining an online forum to stand up for the rule of law after President Donald Trump's executive orders against several corporate law firms.

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Akin Adds Ex-Federal Export And Security Head As Adviser

By James Mills

Akin Gump Strauss Hauer & Feld LLP is boosting its international trade practice, bringing in an expert in export enforcement with the U.S. Department of Commerce as a senior regulatory adviser.

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Trump Taps Paul Ingrassia To Lead Special Counsel's Office

By Courtney Bublé

President Donald Trump has nominated Paul Ingrassia, a lawyer and former right-wing writer, to lead the Office of Special Counsel after firing the previous one.

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Workplace Bullying Can't Be A Rite Of Passage For Attys

By Andrea Keckley

As more than half of young lawyers cite workplace toxicity as the reason they left their jobs, a panel of attorneys said Friday that many of the professionals they've listened to aren't willing to dismiss bullying as a rite of passage.

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More Californians Face Legal Issues, But Get Less Help

By Jack Karp

The gap between the need for civil legal services for Californians and the help that is actually available has grown over the past five years, as has the income level of those affected by that gap, according to a new study from the State Bar of California.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Barnes & Thornburg

Berns Ockner

Boyle Shaughnessy

Carrington Coleman

Choate Hall

Ciano & Goldwasser

Clement & Murphy

Clement Van Ronzelen & Schulte

Cooley LLP

Cravath Swaine

DLA Piper

Fenwick & West

Finnegan

Gibson Dunn

Gillam Smith

Goodwin Procter

Grant & Eisenhofer

Gunderson Dettmer

HWG LLP

Herbert Smith Freehills

Jenner & Block

Kirkland & Ellis

Kramer Levin

Latham & Watkins

Lewis Brisbois

Lieff Cabraser

Littler Mendelson

Mayer Brown

McDermott Will & Emery

Morgan Lewis

Morrison Foerster

Nelson Mullins

Orrick Herrington

Patton Tidwell

Perkins Coie

Pond North

Proskauer Rose

Selendy Gay

Seyfarth Shaw

Sidley Austin

Simon Paschal

Simpson Thacher & Bartlett LLP

Talkin Muccigrosso

Tucker Ellis

Wachtell Lipton

Waymaker LLP

Weil Gotshal

White & Case

Wiggin & Dana

WilmerHale

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

10x Genomics Inc.

Akin's

Altice SA

Altice USA

Amazon.com Inc.

American Bar Association

Anti-Defamation League

Auris Health Inc.

Bayer AG

Binance Holdings Ltd.

Bombardier Inc.

California Western School of Law

Credit Suisse Group AG

Dell Technologies Inc.

Digital Currency Group Inc.

Eastern Bankshares Inc.

Ethiopian Airlines Enterprise

Finjan Holdings Inc.

Fordham University

Fortis Advisors LLC

Fortress Investment Group LLC

Illinois Supreme Court Commission on Professionalism

Informatica Corp.

Intel Corp.

Johnson & Johnson

LinkedIn Corp.

Maxell Ltd.

Meta Platforms Inc.

Michaels Stores Inc.

Microsoft Corp.

Monsanto Co.

NFL Enterprises LLC

National Association for Law Placement Inc.

National Association of Realtors

National Opinion Research Center

RTX Corp.

SAIC Inc.

Salesforce.com Inc.

Samsung Electronics Co. Ltd.

Seattle Seahawks

State Bar of California

The Boeing Co.

The Estee Lauder Cos. Inc.

The New York Times Co.

Therapeutics Inc.

Ultimate Fighting Championship Ltd.

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Industry and Security

Employee Benefits Security Administration

Equal Employment Opportunity Commission

Federal Aviation Administration

Internal Revenue Service

International Chamber of Commerce

U.S. Army

U.S. Department of Commerce

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

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

U.S. District Court for the District of Columbia

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Northern District of Ohio