CFTC Sues Minnesota Over Law Banning Prediction Markets

By David Steele

The U.S. Commodity Futures Trading Commission sued Minnesota on Tuesday to block a newly enacted ban on prediction markets, the sixth state the CFTC has taken to federal court to assert control over regulation of the markets.

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

2nd Circ. Rejects Defunct Soccer League Antitrust Appeal

By Bryan Koenig

A Second Circuit panel on Tuesday refused to grant the North American Soccer League a new antitrust trial against Major League Soccer and soccer's U.S. governing body, concluding that the defunct league waived any arguments about market definition, and even if it didn't, its assertions still fail.

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

Students Defend Hacking Claims Against UMich, Ex-Coach

By David Steele

The students accusing the University of Michigan and a former football coach of sexual harassment and of hacking their accounts insist that the facts favor them and not the school and coach, and that their lawsuit should be allowed to continue.

3 documents attached | Read full article » | Save to favorites »

Grand Slams Push Back On Tennis Group's Bid For Access

By Ganesh Setty

Organizations behind Wimbledon and the French Open asked a New York federal court to reject a player group's claims that they're denying it access to the tournaments in retaliation for its antitrust lawsuit, arguing that no jurisdiction exists to grant any relief.

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

Brief

NJ Plans To Take 3rd Circ. Kalshi Loss To US Supreme Court

By George Woolston

New Jersey plans to seek U.S. Supreme Court review of a recent Third Circuit decision that upheld an injunction on the state's attempt to ban sports prediction markets, according to a joint status report filed by the state and KalshiEx LLC in New Jersey federal court. 

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

Brief

Pac-12 Reaches Deal With Mountain West In Exit Fee Suit

By David Steele

The Pac-12 and Mountain West conferences have settled their federal lawsuit over $55 million in "poaching" fees charged by Mountain West for luring its member schools away, the leagues have announced.

Read full article » | Save to favorites »

Becoming The Biz-Savvy GC That Portfolio Companies Need

Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

Read full article » | Save to favorites »

The 2026 Summer Associates Survey

By Daniela Porat

Law students hoping to land summer associate roles at their dream firms have to start applying earlier and earlier, forcing students to strike a difficult balance between focusing on academics and completing applications. Find out how students navigated the ever-competitive process and which firms topped students’ wish lists in the latest survey from Law360 Pulse.

Read full article » | Save to favorites »

2nd Circ. Nixes $900M Suit Against Boies Schiller, Dentons

By Caroline Simson

The Second Circuit Tuesday refused to revive a racketeering lawsuit seeking up to $900 million in damages from Dentons and Boies Schiller Flexner LLP, in which the BigLaw firms were accused of misleading a former client in relation to a deal, and later arbitration, involving Senegal's state-owned energy company.

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

Q&A

She Has A Point: Sheppard's Michelle Replogle

By Theresa Schliep

When Michelle Replogle of Sheppard and Nitika Gupta Fiorella of Fish & Richardson PC were opponents in a patent case, Fiorella said, Replogle stood out for her expertise and respect, which she showed to everyone regardless of their experience or whom they represented in the litigation.

Read full article » | Save to favorites »

$1.8B IRS Deal Fund 'Not Slush Fund,' Blanche Tells Senators

By Courtney Bublé

Acting Attorney General Todd Blanche argued before a Senate committee on Tuesday that the nearly $1.8 billion settlement fund announced on Monday as part of the president's settlement with the Internal Revenue Service over his leaked tax documents "is not a slush fund."

Read full article » | Save to favorites »

Quinn Emanuel Owes More Sanctions In Guardant Fight

By Lauren Berg

Quinn Emanuel and its team representing medical testing company Natera will shoulder further sanctions on top of the $3 million already imposed over the firm's misrepresentations concerning an expert witness in Guardant Health's false advertising case, a California federal judge ruled Tuesday.

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

Nelson Mullins Partner Confirmed To SC Federal Bench

By Courtney Bublé

The Senate voted 52-38 on Tuesday to confirm Sheria Clarke, a partner at Nelson Mullins Riley & Scarborough LLP, as a judge for the District of South Carolina.

Read full article » | Save to favorites »

Brother May Pay Ex-BigLaw Atty's Legal Fees In Insider Case

By Julie Manganis

A former BigLaw associate charged with orchestrating a sweeping insider trading scheme can have his legal expenses covered by his co-defendant brother if the two waive potential conflicts, a Massachusetts federal magistrate judge said Tuesday.

Read full article » | Save to favorites »

Seeborg's Term As Calif. Northern District Chief Judge To End

By Bonnie Eslinger

Chief District Judge Richard Seeborg is expected to conclude his time as the top judge for the Northern District of California in July, according to a spokesperson for the judiciary, to be succeeded by U.S. District Judge Yvonne Gonzalez Rogers.

Read full article » | Save to favorites »

Ex-Trader Says Crypto Co.'s Bid For Sanctions Is 'Unfounded'

By Hayley Fowler

A former trader said a cryptocurrency company is using an "unfounded" characterization of his deposition conduct to seek sanctions and lend credence to facts it hasn't otherwise been able to prove in its suit accusing him of usurping $8.1 million in digital assets.

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