Top Stories

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  Chief Justice Says Personal Attacks On Judges 'Got To Stop'

  By Katie Buehler

  Chief Justice John Roberts on Tuesday condemned the personal attacks on federal judges that have become increasi...(read more)

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  Spandex Maker Lycra Files Ch. 11 To Slash $1.2B Debt

  By Emily Lever

  A Texas bankruptcy judge Tuesday agreed to give interim approval for fiber manufacturer The Lycra Company LLC to...(read more)

• SEC Draws Lines With Crypto 'Token Taxonomy' Guidance

  By Aislinn Keely

  The U.S. Securities and Exchange Commission shared its anticipated "token taxonomy" on Tuesday, issuing interpretive guidance that detailed which types of cryptocurrency assets appear to be beyond the reach of securities laws and the circumstances that could pull them back into the regulator's oversight as part of an investment contract.

• Fragrance Co. Inks $11M Icebreaker Deal In Price-Fixing Case

  By Lauren Berg

  A group of consumers asked a New Jersey federal judge Monday to preliminarily sign off on an $11 million class settlement with International Flavors and Fragrances Inc., which the consumers called an "icebreaker" deal cut in sprawling price-fixing antitrust litigation against four major fragrance ingredient makers.

• 9th Circ. Backs Rare FCA Theory In Huge Drug Prices Program

  By Jeff Overley

  In a novel and potentially far-reaching decision, the Ninth Circuit on Tuesday revived a major hospital chain's False Claims Act suit accusing large pharmaceutical companies of massive overcharges in a prominent drug discount program where pricing disputes are common.

• Trump's Pipeline Order Stokes Turf War Over Energy Permits

  By Keith Goldberg

  The Trump administration is taking executive power into uncharted territory by asserting it can override state law to restart a California oil pipeline, but such an expansion of presidential authority over energy infrastructure may invite skepticism from courts.

• Chancery Tosses Weapons Co. Suit, Says Claims Belong In NC

  By Jarek Rutz

  A Delaware Chancery Court judge on Tuesday dismissed a weapons analytics company's suit seeking to force one of its founders to litigate a stock valuation dispute in Delaware, ruling that the claims belong in a parallel North Carolina action and stem from a different contract than the company asserted.

• EY Beats Brooge Petroleum, SPAC Merger Fraud Suit

  By Katryna Perera

  A New York federal judge Tuesday tossed a suit against EY's Middle East affiliates that claimed they botched audits of United Arab Emirates-based Brooge Petroleum before its merger with a blank check company to enable a fraudulent scheme against investors, finding that the suit's claims are time-barred or inadequately pled.

• USPTO Has Eye On New Tech In Design Patent Guidance

  By Theresa Schliep

  The U.S. Patent and Trademark Office has significantly expanded design patent protections with its guidance for claiming computer-generated images shown using virtual reality, holograms and similar technologies, attorneys say, marking a big step forward from prior rules on the subject.

• Kalshi Hit With First Criminal Betting Charges In Arizona

  By Elaine Briseño

  Arizona has laid criminal gambling charges against prediction market platform Kalshi, becoming the first state to do so among a slew of others pressuring the company to disallow users from betting on sporting events.

• 9th Circ. Pauses Ban On Perplexity Bot's Amazon Shopping

  By Elliot Weld

  The Ninth Circuit has paused an order from a lower court that banned the Perplexity AI Inc.-made bot Comet from shopping on Amazon while an appeal of the order plays out.

• MTA Sues Feds Over $59M In Frozen 2nd Ave. Subway Funds

  By Linda Chiem

  New York state transportation officials on Tuesday accused the Trump administration in federal court of wrongfully withholding $58.6 million for Manhattan's Second Avenue Subway expansion, jeopardizing yet another rail transit project in the Big Apple as an act of political retribution.

• 2nd Circ. Panel Not Sold On Ivy League Players' Antitrust Suit

  By Pete Brush

  A Second Circuit panel seemed inclined Tuesday to uphold a Connecticut federal judge's dismissal of a challenge to the Ivy League's ban on athletic scholarships, though one judge suggested reviving the case to probe whether students properly pled antitrust injury.

• Comer Subpoenas AG Bondi Over Epstein Investigation

  By Courtney Bublé

  Rep. James Comer, R-Ky., chair of the House Oversight and Reform Committee, issued a subpoena on Tuesday for Attorney General Pam Bondi over the committee's investigation into the late sex offender Jeffrey Epstein.