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Compliance
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March 27, 2026
Kansas City Fed Pressed For Kraken Account Approval Terms
The ranking member of the House Financial Services Committee asked the Federal Reserve Bank of Kansas City to share more information about its decision to grant crypto firm Kraken Financial access to Fed payment rails, including what limits it imposed on the new type of tailored master account.
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March 27, 2026
DC Judge Says 'God Squad' Can Meet Over Gulf Oil Drilling
A D.C. federal judge on Friday refused to block an upcoming meeting Tuesday within the U.S. Department of the Interior to consider an exemption to the Endangered Species Act for oil and gas activities in the Gulf of Mexico.
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March 27, 2026
Employment Authority: 1st Circ. Views On Post-Muldrow PIPs
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how a recent First Circuit decision shines a light on how a performance improvement plan can run afoul of the law in light of a worker-friendly U.S. Supreme Court ruling, the high court's review of an exemption to federal arbitration requirements for interstate transportation workers and Washington's new statute allowing state agencies to fill in if the National Labor Relations Board is hampered in enforcing federal labor law.
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March 27, 2026
Mayer Brown's $21M Fee Bid In RI Truck Tolls Suit Rebuffed
A Rhode Island federal judge on Friday rebuffed Mayer Brown LLP's bid for $21 million in attorney fees for representing the commercial trucking industry's lead trade group in long-running litigation over the state's truck tolling program, saying the American Trucking Associations ultimately was not the "prevailing party."
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March 27, 2026
Split Fed Gives Morgan Stanley OK For European Arm Reorg
The Federal Reserve has narrowly granted its permission for Morgan Stanley to turn its European Union banking arm into a unit of its insured U.S. bank, a move that sharply divided the central bank's board amid concerns about straining the federal bank safety net.
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March 27, 2026
2nd Circ. Tosses $16B YPF Judgment Against Argentina
A panel of the Second Circuit Court of Appeals reversed a New York judge's $16 billion judgment against Argentina arising from its nationalization of the country's largest oil and gas exploration company, saying Friday Argentine law doesn't obligate the country to comply with YPF SA's corporate bylaws.
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March 27, 2026
SEC Shutters Case Against Bankrupt Fatburger Parent
The U.S. Securities and Exchange Commission announced Friday that it is walking away from a case accusing restaurant franchisor FAT Brands of running an illegal $27 million personal loan scheme to fuel its former CEO's lavish lifestyle as the public company foundered.
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March 27, 2026
Guests Ask High Court To Review Vegas Hotel Pricing Suit
Las Vegas hotel guests are asking the U.S. Supreme Court to review a Ninth Circuit ruling that refused to revive their proposed class action accusing casino-hotel operators of using software from Cendyn Group to illegally inflate room rates.
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March 27, 2026
Bank Says Ex-Execs Fired For Conduct, Not Whistleblowing
Florida community bank First National Bank of Pasco told a federal judge that two former executives who claim they were fired for blowing the whistle on banking law violations were actually fairly terminated, and one of the plaintiffs did not even participate in the alleged whistleblowing.
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March 27, 2026
EU's Ribera: Antitrust Must 'Stay Strong' Against Politics
European Union antitrust chief Teresa Ribera had a word of caution Friday for competition enforcers who let political considerations influence their enforcement decisions, arguing in Washington, D.C., remarks that enforcement should remain stable against shifting political winds.
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March 27, 2026
Texas Justices Order New Trial In Crane Breakage Suit
The Texas Supreme Court on Friday ordered a new trial in a suit alleging a contractor failed to properly repair a crane, saying the trial court abused its discretion by denying the contractor's bid to substitute an expert when its original choice left the state and refused to testify shortly before trial.
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March 27, 2026
Colo. Judge Upholds State's Campaign Contribution Limits
Colorado's individual campaign contribution limits do not violate the First Amendment's political expression and association rights of candidates or contributors, a Colorado federal judge ruled in rejecting a challenge by Republican politicians to the state's campaign finance laws.
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March 27, 2026
Kalshi Sued By Wash. AG In Latest 'Illegal Gambling' Case
The Washington state attorney general accused Kalshi Friday of operating an illegal online betting platform under the guise of a prediction market, joining a growing number of states that have taken court action against the company over alleged gambling law violations.
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March 27, 2026
High Court Asked To Review $168M Trade Secret Award
Tata Consultancy Services Ltd. has asked the U.S. Supreme Court to review a Fifth Circuit ruling that upheld a $168 million judgment in a trade secret case, arguing the decision allowed an unjust enrichment award without proof that an IT competitor suffered any monetary harm.
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March 27, 2026
States Suspect ICE Obtained Medicaid Data Despite Order
A coalition of states told a federal judge that the Trump administration appears to have ignored an order limiting the types of Medicaid data that can be shared with immigration officials, potentially handing over reams of "off limits" data on citizens and green card holders.
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March 27, 2026
FCC Bars Another Chinese Test Lab Over Security Risk
The Federal Communications Commission on Friday pulled the accreditation of another Chinese communications device testing lab due to concerns about Chinese state government control.
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March 27, 2026
Disco Ball Theatrics Land Flat With Campaign Fraud Jury
A defense lawyer who donned a metallic lei and held a disco ball during closing arguments did not help an attorney and former Connecticut state senator avoid guilty verdicts Friday on wire fraud and conspiracy charges connected to a BDK Law Group party prosecutors described as a campaign launch.
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March 27, 2026
25 Years Later, Dam Salmon Case Must Stay In Trial Court
A district court judge in Oregon has rejected the federal government's efforts to end decades-long litigation over hydropower dam operations in the Columbia River Basin, saying arguments that the dispute is subject to Ninth Circuit review are unpersuasive and mistaken.
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March 27, 2026
DC Law Change Thwarts Sportsbook Recovery Suit
A D.C. federal judge threw out a lawsuit seeking to claw back millions in gambling losses from major sportsbook operators under an old "Statute of Anne" law on the district's books, ruling that local officials clearly exempted authorized sports wagering from its recovery provisions.
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March 27, 2026
GC Cheat Sheet: The Hottest Corporate News Of The Week
A federal judge has stopped the Pentagon from dropping AI giant Anthropic from the government's supply chain, and Latham & Watkins ranked first in a survey of in-house legal leaders on which law firms are most helpful in developing business, followed by King & Spalding, Jones Day and Ropes & Gray.
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March 27, 2026
OSHA Proposes $116K In Fines Over Silica Dust Exposure
The U.S. Department of Labor's Occupational Safety and Health Administration proposed more than $116,000 in penalties against two Georgia countertop manufacturers, after inspectors found workers exposed to respirable crystalline silica — an issue identified in previous investigations — and noise hazards.
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March 27, 2026
DC Circ. Blocks Florida's Wetlands Permitting
A D.C. Circuit panel on Friday upheld a district judge's order invalidating Florida's state-run Clean Water Act permitting program, ruling that federal wildlife agencies unlawfully bypassed key endangered species protections when clearing it.
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March 27, 2026
Ex-CEO Sues Former NJ AG Over Tossed RICO Case
The former CEO of The Michaels Organization, who was indicted in New Jersey's now-dismissed criminal racketeering case against South Jersey power broker George E. Norcross III, has accused former New Jersey Attorney General Matthew J. Platkin and other members of his office of commencing the prosecution knowing there was no probable cause.
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March 27, 2026
Fired Cognizant Worker Was 'Uncooperative,' Jury Told
A Manhattan federal jury weighed claims Friday that Cognizant Technology Solutions fired a New York University professor for complaining about hiring bias, after a lawyer for the company called him a troublesome employee who has no contemporaneous evidence of his concerns.
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March 27, 2026
Texas Calls Vape Sellers' Suit Over China Law 'Speculative'
The Texas Comptroller of Public Accounts is urging a federal court to throw out a suit from a group of vape sellers challenging a new law banning the sale of e-cigarette products that use liquids from China and other "adversaries," saying they don't have standing to sue.
Expert Analysis
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Ambiguity Remains On Anti-DEI Grant Conditions
Although a recent decision in City of Chicago and City of Saint Paul v. U.S. Department of Justice temporarily halts enforcement of anti-DEI conditions in federal grant applications, and echoes recent decisions in similar cases, companies remain at risk until the term “illegal DEI” is clarified, say attorneys at Moore & Van Allen.
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Radiation Standard Shift Might Add Complications For Cos.
In keeping with the Trump administration's focus on nuclear energy, the U.S. Department of Energy recently announced that it will eliminate the "as low as reasonably achievable" radiation protection standard for agency practices and regulations — but it is far from clear that this change will benefit the nuclear power industry, say attorneys at K&L Gates.
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Bipartisan Enforcement Is Rising In Consumer Finance
Activity over the past year suggests a bipartisan state enforcement wave is rippling across the consumer finance industry, which follows a blueprint set out by former Consumer Financial Protection Bureau Director Rohit Chopra, who notably now leads a Democratic Attorneys General Association working group, say attorneys at Hudson Cook.
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Ramped Up Psychedelic Production Carries Opportunity, Risk
Kimberly Chew at Husch Blackwell discusses the key legal implications of the U.S. Drug Enforcement Administration's recent dramatic increases in the production quotas for a range of psychedelic substances, offering guidance on compliance, risk management and strategic opportunities for practitioners navigating this rapidly evolving landscape.
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Series
Teaching Logic Makes Me A Better Lawyer
Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.
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New Biotech Nat'l Security Controls May Have Blunted Impact
While the newly enacted federal prohibition against contracting with certain biotechnology providers associated with countries of concern may have consequences on U.S. companies' ability to develop drugs, the restrictions may prove to be less problematic for the industry than the significant publicity around their passage would suggest, say attorneys at Wilson Sonsini.
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Series
Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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Takeaways From The DOJ Fraud Section's 2025 Year In Review
Former acting Principal Deputy Chief Sean Tonolli of the U.S. Department of Justice's Fraud Section, now at Cahill Gordon, analyzes key findings from the section’s annual report — including the changes implemented to adapt to the new administration’s priorities — and lays out what to watch for this year.
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New State Regs On PFAS In Products Complicate Compliance
The new year brought new bans and reporting requirements for per- and polyfluoroalkyl substances in half a dozen states — in many cases, targeting specific consumer product categories — so manufacturers, distributors and retailers must not only monitor their own supply chains, but also coordinate to ensure compliance, say attorneys at Morgan Lewis.
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What An Uptick In Shareholder Activism Means For Banking
With increasing bank M&A activity, activists are becoming more focused on larger banking institutions, but there are ways banks can begin to prepare in case they need to defend against activist campaigns, say attorneys at Debevoise.
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Anticipating The SEC's Cybersecurity Focus After SolarWinds
While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.
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Bid Protest Data Contradicts Claims That System Is Inefficient
Recently released data debunks the narrative that the federal procurement system is overwhelmed by excessive or meritless bid protests, revealing instead that the process is healthy and functioning as intended, says Joshua Duvall at Duvy Law.
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Opinion
Congress Should Lead On AI Policy, Not The States
There needs to be some limits on how far federal agencies go in regulating artificial intelligence systems, but Congress must not abdicate its responsibility and cede control over this interstate market to state and local officials, say Kevin Frazier at the University of Texas School of Law and Adam Thierer at the R Street Institute.
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Breaking Down Expense Allocation In Mixed-Use Properties
Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.
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4 Lessons From FTC's Successful Bid To Block Edwards Deal
The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.