Pennsylvania legislators have announced that their long-awaited 2025 budget included provisions ending the state's bid to join a multistate carbon cap-and-trade compact, mooting years of litigation over whether the credits that fossil-fuel power plants would purchase were a fee or a tax.
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TUESDAY, NOVEMBER 18, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Pa. Budget Ends State's Bid To Join Cap-And-Trade Compact

By Matthew Santoni

Pennsylvania legislators have announced that their long-awaited 2025 budget included provisions ending the state's bid to join a multistate carbon cap-and-trade compact, mooting years of litigation over whether the credits that fossil-fuel power plants would purchase were a fee or a tax.

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CORRECTED: Estate Of Slain Clerk Wins $15.3M In Gaming Co. Suit

By P.J. D'Annunzio

Two gaming machine companies, a convenience store owner, and a convicted murderer have been hit with a $15.3 million verdict in a lawsuit filed by the family of a Pennsylvania store clerk who was fatally shot during a 2020 robbery alleged to have been prompted by the presence of skill games on the premises.

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Mawson Says Ex-CEO Misled Board To Land $2.6M Bonus

By Emily Lever

Mawson Infrastructure Group has accused its former CEO in Delaware's Chancery Court of concealing the bitcoin mining company's deteriorating finances and the collapse of a key prospective contract so he could secure board approval for a bonus worth about $2.6 million.

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Pa. Firm Can't Sink ADA Suit From Former Legal Assistant

By Anne Cullen

A former legal assistant for Pennsylvania-based collection firm Tsarouhis Law Group can move ahead with her Americans with Disabilities Act lawsuit alleging the firm's refusal to accommodate her anxiety caused her to lose her job there after just about a week.

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THIRD CIRCUIT

Drug Buyers Defend Class Cert. In 3rd Circ. Generics Case

By P.J. D'Annunzio

Direct purchasers and end-payers in the sprawling multidistrict litigation over alleged price-fixing of generic drugs are fighting requests from Actavis and Mylan to undo class certification in the cases, arguing to the Third Circuit that the litigation is a classic example of a class action matter.

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REAL ESTATE & DEVELOPMENT

Roundup

Real Estate Recap: Public RMBS Revival?

By Real Estate Authority Staff

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a U.S. Securities and Exchange Commission veteran's view into how public offerings of residential mortgage-backed securities could return for the first time since financial crisis-era reforms.

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LEGAL INDUSTRY

Analysis

UK Firms Drive Transatlantic Appetite For M&A Dealmaking

By Aebra Coe and Chris Villani

The merger announced Monday between British legal giant Ashurst LLP and American law firm Perkins Coie LLP is the latest in a spate of deals driven, in part, by an appetite among global firms to gain a strong presence in the U.S.

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'Astounding' Holland & Knight Conduct Drives Liability Ruling

By Ryan Boysen

Holland & Knight LLP has forfeited a malpractice lawsuit in Alaska by refusing to turn over information to a Native American tribal corporation, with a state judge entering a default judgment as a sanction and calling the firm's conduct "a head scratcher" and "astounding."

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Brief

ABA Decries Lawmaker Calls For Impeachments Of Judges

By Courtney Bublé

The American Bar Association said on Monday it's "alarmed" by lawmakers' interest in impeaching judges just because they don't like their rulings.

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Judge Orders Grand Jury Docs Released In Comey Case

By Brandon Lowrey

A Virginia federal magistrate judge Monday ordered the disclosure of all grand jury materials related to the indictment of former FBI Director James Comey, saying government misconduct may have tainted the grand jury proceedings.

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DOJ Backs White House's Military Lawyer Transfers

By Courtney Bublé

A newly released legal opinion from the U.S. Department of Justice says the Trump administration is allowed to detail military lawyers to serve as immigration judges and special assistant U.S. attorneys in the District of Columbia.

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Senator Slams Trump For 'Blowing Up' Wis. US Atty Process

By Courtney Bublé

Sen. Tammy Baldwin, D-Wis., accused President Donald Trump on Monday of skirting the process to nominate U.S. attorneys in Wisconsin with his pick of a failed Wisconsin Supreme Court candidate for the office that covers Milwaukee.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court and Delaware Supreme Court last week had a dense slate of fiduciary duty battles, merger-process challenges, post-bankruptcy fights and a series of cases probing the limits of fraud pleading, credible-basis inspections and board-level disclosure duties.

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Law School Admission Council Pushes To Toss Antitrust Suit

By Andrea Keckley

The Law School Admission Council is continuing its push to toss a proposed class action accusing it of fixing application fees with its member schools, saying in a Pennsylvania federal court filing last week that the applicant's opposition to its dismissal motion "entirely fails to engage with the incoherence at the core of his case."

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Holyoak Leaves FTC For Interim US Atty In Utah

By Bryan Koenig

Melissa Holyoak left the Federal Trade Commission on Monday to become Utah's interim U.S. attorney, leaving the FTC down to two commissioners, both Republicans, in the Trump administration's latest use of interim U.S. attorney appointments.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Ashurst LLP

Ballard Spahr

Bryan Cave

Cadwalader Wickersham

Carmichael Ellis

Cashion Gilmore

Cooley LLP

Davis Polk

Davis Wright Tremaine

Eversheds Sutherland

Fine Kaplan

Fox Rothschild

Gold Law Firm PC

Grant & Eisenhofer

HSF Kramer

Hamilton Lincoln

Hilgers Graben

Holland & Knight

K&L Gates

Kasowitz LLP

Kramer Levin

Latham & Watkins

Lewis Brisbois

McCarter & English

McMonagle Perri

McNees Wallace

Milber Makris

Miller & Chevalier

Nixon Peabody

O'Melveny & Myers

Overstreet & Nestor

Perkins Coie

Platt Richmond

Post & Schell

Potter Anderson

Procopio Cory

Richards Layton

Saltz Mongeluzzi

Shutts & Bowen

Slarskey LLC

Smith Anderson Blount Dorsett Mitchell & Jernigan

Squire Patton

Steptoe & Johnson PLLC

Tsarouhis Law Group

Wachtell Lipton

WilmerHale

Wilson Sonsini

Womble Bond

COMPANIES IN TODAY'S NEWS

Airbnb Inc.

Allergan PLC

American Bar Association

Baha Mar Ltd.

Brennan Center for Justice

CITGO Petroleum Corp.

Coinbase Global Inc.

Competitive Enterprise Institute

Cortland Partners LLC

Elliott Investment Management LP

EngageSmart

Gold Reserve Inc

Law School Admission Council Inc.

M & F Worldwide Corp.

Major Lindsey & Africa LLC

Marriott International Inc.

Morgan Stanley

Pace-O-Matic Inc.

Paramount Global

PennFuture

Savills Inc.

Skydance Media LLC

Sycamore Partners Management LLC

The Goldman Sachs Group Inc.

Viatris Inc.

Vista Equity Partners Management LLC

Wells Fargo & Co.

Zillow Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office for Immigration Review

Executive Office of the President

Federal Bureau of Investigation

Federal Trade Commission

Massachusetts Department of Revenue

National Economic Council

New York Attorney General's Office

New York City Council

Pennsylvania Department of Environmental Protection

Pennsylvania Gaming Control Board

Pennsylvania House Republican Caucus

Pennsylvania Supreme Court

Small Business Administration

U.S. Attorney's Office

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

U.S. Bankruptcy Court for the District of Delaware

U.S. Citizenship and Immigration Services

U.S. Court of Appeals for the Third Circuit

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Pennsylvania

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

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Eastern District of Washington

Wisconsin Supreme Court