Top Stories

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  Trump Taps Personal Atty For 2nd Circ.

  By Courtney Bublé

  President Donald Trump announced on Friday evening he's tapping Matthew Schwartz, his attorney in the New York h...(read more)

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  Ill. Jury Adds $17M Punitive Award To Baby Formula Verdict

  By Lauraann Wood

  Illinois jurors on Friday slapped another $17 million in punitive damages atop the $53 million they awarded the ...(read more)

• Chinese Developer Kaisa Files $15.7B Ch. 15 Recognition Bid

  By Rick Archer

  Chinese property developer Kaisa Group is asking a New York bankruptcy judge to extend U.S. recognition to a restructuring of its $15.7 billion in debt that it underwent last year after being hit with Chinese and U.S. lawsuits over missed payments.

• Cleary, Latham Steer $2.5B Somnigroup Bedding Deal

  By Al Barbarino

  Somnigroup International Inc. said Monday it has agreed to acquire Leggett & Platt Inc. in an all-stock transaction valued at about $2.5 billion, with Cleary Gottlieb Steen & Hamilton LLP advising Somnigroup and Latham & Watkins LLP representing Leggett & Platt.

• Trump's $10B WSJ Suit Tossed Over Thin Defamation Claims

  By David Minsky

  A Florida federal judge tossed a $10 billion defamation suit President Donald Trump brought against the Wall Street Journal over a published article linking him to convicted sex offender Jeffrey Epstein, ruling Monday that the newspaper didn't knowingly or recklessly run a false story. 

• UK Calls For Feedback On $110B Paramount, Warner Deal

  By Najiyya Budaly

  Britain's antitrust authority called on interested parties on Monday to comment on whether Paramount Skydance's $110 billion deal to buy Warner Bros. Discovery has the potential to harm competition in any U.K. markets.

• IBM To Pay $17M Over DOJ's Claims Of Illegal DEI Practices

  By Lauren Berg

  IBM agreed to pay the Trump administration $17 million to resolve allegations it violated the False Claims Act with efforts to increase the diversity of its workforce, which the U.S. Department of Justice on Friday said was the first settlement under its initiative against diversity, equity and inclusion.

• ICE Quietly Changes I-9 Offenses, Raising Employer Fine Risk

  By Britain Eakin

  Employers are staring down bigger fines for I-9 violations after U.S. Immigration and Customs Enforcement quietly redefined substantive violations to include common administrative errors that were previously correctable without penalty.

• Tech's AI Coding Boom On Collision Course With Copyright

  By Ivan Moreno

  Tech companies embracing generative tools to write their software code — and boasting about it — may be running into a gap in copyright protection: the more they rely on them, the harder it may be to claim exclusive rights when that code is copied or leaked.

• 'Pay Us Enough To Live': Worker Charged In $500M Depot Fire

  By Bonnie Eslinger

  A Southern California man who compared himself to Luigi Mangione has been charged in federal court with deliberately setting fires that destroyed the 1.2 million-square-foot Ontario warehouse where he worked.

• DLA Piper Partner Rejects Pregnant Atty's Account Of Firing

  By Pete Brush

  The DLA Piper partner who fired a pregnant associate said she did so lawfully, telling a Manhattan federal jury her former employee was "in over her head" and disputing that the associate raised pregnancy bias concerns on a termination call.

• Battery Recycler Files Ch. 11 With $143M+ Debt

  By Emily Lever

  Massachusetts-based battery recycler Ascend Elements has filed for Chapter 11 in Texas with upward of $143 million in debt, saying it is hard up on cash at its early stage of development and needs to reorganize to meet its long-term goals.

• Elon Musk's xAI Says New Colo. Law 'Severely Burdens' AI

  By Hailey Konnath

  X.AI LLC, the company behind Elon Musk's artificial intelligence tool Grok, has asked a Colorado federal court to block a new Centennial State law aimed at AI, claiming that the statute "severely burdens the development and use of AI" and is an "attempted coercion" that's unconstitutional.

• 'Mark Of Autocracy': Court Says Pentagon Defied Press Order

  By Lauren Berg

  The U.S. Department of Defense has not complied with a court order barring the Pentagon from taking press passes away from journalists who report on matters not authorized by the government, a D.C. federal judge ruled Thursday, saying the department's revised rules "achieve that same unconstitutional result."