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Compliance
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									October 16, 2025
									
Sidley Hires Ex-A&O Shearman US Sanctions Head In DC
Sidley Austin LLP has hired the former U.S. head of sanctions from A&O Shearman, who is joining the firm's global arbitration, trade and advocacy practice in Washington, D.C., bringing experience to that team from the Office of Foreign Assets Control.
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									October 16, 2025
									
Creek Freedmen Seek Contempt Ruling Over Citizenship Delay
Two members of the Muscogee Creek Indian Freedmen Band are seeking to hold the Creek Nation's principal chief and its citizenship board in contempt, alleging that their refusal to issue enrollment cards is a blatant violation of a tribal Supreme Court order that cannot be tolerated.
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									October 15, 2025
									
Vought Aims To Close CFPB Within '2 Or 3 Months'
White House budget chief Russell Vought said Wednesday that he wants to shutter the Consumer Financial Protection Bureau and expects to succeed in the next few months, despite the Trump administration's claims in court that the agency is just being downsized.
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									October 15, 2025
									
Valve Seeks To Toss 'Overlapping' $21M Arbitration Fee Suit
Valve Corp. is asking a Seattle federal judge to throw out a proposed class action seeking nearly $21 million in arbitration fees from the software company, claiming the suit is part of a scheme by law firm Mason LLP in which attorneys are seeking identical relief through redundant court challenges.
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									October 15, 2025
									
OCC Conditionally OKs Palmer Luckey's Thiel-Backed Bank
The Office of the Comptroller of the Currency on Wednesday gave its initial green light to a new virtual currency-focused national bank backed by tech entrepreneurs Peter Thiel and Palmer Luckey, marking the first such approval for a new bank since Jonathan Gould was sworn in as Comptroller in July.
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									October 15, 2025
									
Cybersecurity Co. F5 Says Hackers Infiltrated Its Systems
Cybersecurity company F5 Inc. revealed Wednesday that hackers had crept into its systems and maintained long-term access to certain platforms, and that the breach has been contained, an infiltration that comes amid similar attacks on the legal and technology sectors by hackers with suspected ties to foreign governments.
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									October 15, 2025
									
Conn. Pot Licensing Program Is Discriminatory, Suit Says
A would-be cannabis grower is challenging Connecticut's marijuana licensing program, claiming it unconstitutionally prioritizes in-state "social equity" applicants "above all others" in direct violation of the dormant commerce clause, according to a federal lawsuit.
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									October 15, 2025
									
Trump Fundraiser Guilty Of Mar-A-Lago Straw Donor Scheme
A New York man who raised funds for President Donald Trump's 2020 reelection campaign was found guilty Wednesday of making straw donor contributions under others' names, a scheme prosecutors said was partly intended to help Chinese nationals gain access to Trump.
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									October 15, 2025
									
Texas Panel Asks Why $12M Verdict Higher Than Project Cost
A Texas appeals panel pushed a developer to justify a roughly $12 million verdict against a construction company given the developer paid around that amount to build the apartment at the center of the suit, asking Wednesday why the developer was entitled to that sum.
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									October 15, 2025
									
Texas Appeals Court Pushes Cigna On Payments To Hospitals
A Texas appeals court seemed skeptical of Cigna Healthcare of Texas Inc.'s claim that once a patient gets hospitalized, any subsequent treatment should be classified as emergency care, asking Wednesday why Cigna should get to escape a lawsuit claiming it underpaid multiple hospitals.
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									October 15, 2025
									
BofA, BNY Mellon Accused Of Enabling Epstein's Crimes
Bank of America and the Bank of New York Mellon Corp. are the latest banks accused of enabling Jeffrey Epstein's sex trafficking enterprise and failing to timely report the late sex offender's suspicious transactions, according to a pair of proposed class actions filed Wednesday in New York federal court.
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									October 15, 2025
									
Judge Won't Block Mich. Medicaid Mental Health Restructure
A Michigan state judge has ruled that the Great Lakes State has the authority to competitively bid and restructure the geographic territory of prepaid inpatient health plans that manage mental health care for the state's Medicaid beneficiaries.
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									October 15, 2025
									
FDIC's Hill Discusses Stablecoin Rulemaking Lift
Federal Deposit Insurance Corp. acting Chairman Travis Hill said Wednesday that crafting a licensing regime for stablecoin issuers under his agency's purview will likely be relatively "straightforward," but the recently passed stablecoin legislation has also tasked banking regulators with thornier policy issues.
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									October 15, 2025
									
Meat Industry Fights To Defend Nix Of Slaughterhouse Rules
A meat and poultry industry group has told the Ninth Circuit it opposes green groups' challenge to the federal government's decision to rescind a Biden-era proposal that would have imposed stricter water discharge regulations on slaughtering, processing and rendering facilities.
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									October 15, 2025
									
States Want To Keep Eye On $14B HPE-Juniper Deal Review
The Justice Department is in the middle of trying to settle its challenge to Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, but a dozen states are now trying to get involved and have asked a California federal judge to allow them to intervene in the litigation.
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									October 15, 2025
									
Some Sugar Producers Escape Info Sharing Claims
A Minnesota federal court dismissed several major sugar producers from a case accusing them of sharing competitively sensitive information but is allowing claims against Domino and United Sugar Producers & Refiners to proceed.
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									October 15, 2025
									
Consumer Says Nail Fungus Product Falsely Marketed
A North Carolina man hit Arcadia Consumer Healthcare Inc. with a proposed class action in federal court accusing the company of falsely advertising that its product Fungi-Nail is meant to treat nail fungus, although the fine print on the back label says otherwise.
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									October 15, 2025
									
Judge Sinks Youths' Suit Challenging Trump Energy Orders
A Montana federal judge on Wednesday dismissed a suit by youths seeking to undo President Donald Trump's energy-related emergency orders, saying that it's beyond the power of federal courts to dictate U.S. environmental and energy policy.
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									October 15, 2025
									
Wash. Judge Rejects Consulting Co.'s $295K Deal In OT Suit
A Washington federal judge refused to approve a $295,000 settlement in a proposed collective action accusing a consulting company of not paying workers overtime, finding no "bona fide dispute" existed over whether the company was required to pay overtime rates and that the deal would improperly waive workers' rights.
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									October 15, 2025
									
Crypto.com Can't Block Nev. Action Over Event Contracts
A Nevada federal judge decided not to bar state gaming regulators from taking action over Crypto.com's event contracts for now, reaching a different conclusion than his earlier ruling in a similar challenge from event contract platform Kalshi after finding that Crypto.com's contracts do not appear to qualify as swaps under the Commodity Exchange Act.
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									October 15, 2025
									
FERC Ignored La. LNG Terminal's Enviro Harms, DC Circ. Told
The Federal Energy Regulatory Commission shirked its obligation to evaluate the potential harms of a massive liquefied natural gas export terminal in Louisiana before approving its construction, environmental groups and fishermen have told the D.C. Circuit.
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									October 15, 2025
									
Glock Loses Bid To Toss New Jersey AG's Gun Violence Suit
A New Jersey state judge has declined to dismiss a suit brought by the state's attorney general seeking to hold Glock Inc. liable for gun violence, finding that a recent U.S. Supreme Court decision in a case brought by Mexico against gunmakers doesn't bar the state's claims.
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									October 15, 2025
									
Pa. Justice Criticizes Court For Passing On Pot-Smell Appeal
After hearing oral arguments and receiving briefs, the Pennsylvania Supreme Court dismissed an appeal as "improvidently granted," refusing to clarify whether a Philadelphia police chase that arose from the smell of pot smoke was legal, to the dismay of a dissenting justice.
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									October 15, 2025
									
Tax Court Says Easement Fraud Penalties Don't Require Jury
The U.S. Tax Court refused to throw out civil fraud penalties faced by a partnership accused of overvaluing a conservation easement tax deduction, rejecting the partnership's reliance on a U.S. Supreme Court ruling that limited federal agencies' authority to impose certain penalties without a jury trial.
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									October 15, 2025
									
Feds Drop 1 Lying Count Amid Ex-Budget Official's Trial
Federal prosecutors on Wednesday dropped one charge against Connecticut school construction official Kosta Diamantis, releasing him from allegations that he lied to the FBI when he allegedly said he didn't care who was hired to manage an emergency school construction project in Tolland.
 
Expert Analysis
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How Tariffs Can Affect Event Studies In Securities Litigation
									When the control period is calm and the event window is stormy — often the case with breaking political or economic developments, like President Donald Trump's recent tariff announcements — traditional event study methodology can increase the risk of misleading conclusions in securities litigation, say economic consultants at NERA.
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How To Prep For Potential Passage Of SAFER Banking Act
									The Secure and Fair Enforcement Regulation, or SAFER, Banking Act, could fundamentally reshape how financial institutions interact with cannabis businesses, so operators that move now to get their house in order will be best positioned to capitalize if and when change comes, says Alex Leonowicz at Howard & Howard.
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How Proposed FAA Rule May Streamline Drone Operations
									The Federal Aviation Administration's recent proposed rule on autonomous drone delivery operations offers a more streamlined approach, by shifting away from the current pilot-centered framework and placing safety and operational responsibility at the level of the operator's organization, say Amanda Losacco and Jessica Monahan at Cozen O'Connor.
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What To Expect From 401(k) Plan Alternative Assets Order
									The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher.
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The Future Of Lab-Test Regs After FDA Rescinds Rule
									The U.S. Food and Drug Administration recently rescinded its laboratory-developed tests rule in response to a Texas federal court decision this spring, reinforcing a separation of authority between the FDA and the Centers for Medicare & Medicaid Services, and calling into question the FDA's role in overseeing such tests without congressional action, say attorneys at Venable.
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How AI Is Easing Digital Asset Recovery In Fraud Cases
									In combination with recent legislation and a maturing digital asset infrastructure, artificial intelligence tools are making it easier to recover stolen assets, giving litigants a more specific understanding of financial fraud earlier in the process and making it economically feasible to pursue smaller fraud claims, says Solomon Shinerock at Lewis Baach.
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Sanctions Considerations For Reentering The Syrian Market
									Reentering or opening new markets in Syria, now that the Trump administration has revoked certain long-standing sanctions and export controls, necessitates increased due diligence and best practices capable of adapting to a changing local environment as well as future changes in U.S. law, say attorneys at Nixon Peabody.
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What 2 Profs Noticed As Transactional Law Students Used AI
									After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
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Despite SEC Reset, Private Crypto Securities Cases Continue
									While the U.S. Securities and Exchange Commission under the Trump administration has charted a new approach to crypto regulation, the industry still lacks comprehensive rules of the road, meaning private plaintiffs continue to pursue litigation, and application of securities laws to crypto-assets will be determined by the courts, say attorneys at Skadden.
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State AGs Are Turning Up The Antitrust Heat On ESG Actions
									Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis.
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Crypto Custody Guidelines Buoy Both Banks And Funds
									A statement released last month by banking regulators — highlighting risks that the agencies expect banks holding crypto-assets to mitigate — may encourage more traditional institutions to offer crypto-asset safekeeping and thereby offer asset managers more options for qualified custodians to custody crypto-assets for their clients, say attorneys at Dechert.
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Top Takeaways From Trump's AI Action Plan
									President Donald Trump's AI Action Plan represents some notable evolution in U.S. policy, including affirmation of the administration's trend toward prioritizing artificial intelligence innovation over guardrails and toward supporting greater U.S. private sector reach overseas, say attorneys at WilmerHale.
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Navigating Executive Perk Enforcement Under Trump Admin
									While the U.S. Securities and Exchange Commission recently signaled a softer approach to executive perks, companies should remain vigilant due to the bipartisan and lengthy nature of executive perquisite cases and Chairman Paul Atkins' previous support for disclosure requirements, say attorneys at Gibson Dunn.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
									A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
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Opinion
8th Circ. Should Reaffirm False Commercial Speech's Nature
									The Eighth Circuit in Goldfinch Laboratory v. Iowa Pathology Associates should assert that false commercial speech is not categorically immune from antitrust scrutiny, says Daniel Graulich at the Federal Trade Commission.