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TOP NEWS
Trump Orders 100% Pharma Tariff, Modifies Metals Duties
By Dylan Moroses
Later this year, the U.S. will impose 100% tariffs on imported pharmaceuticals, but drug companies could qualify for reduced tariff rates as low as zero if they agree to invest domestically and enter most-favored-nation drug-pricing agreements with the government, according to an executive order President Donald Trump signed Thursday.
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POLICY & REGULATION
LITIGATION
DEALS & CONTRACTS
Amazon Mulls $9B Globalstar Buy, Plus More Rumors
By Jade Martinez-Pogue
Amazon is considering an acquisition of satellite company Globalstar in a $9 billion deal, cosmetics giant Estee Lauder is in talks to merge with Spanish beauty firm Puig in a deal that would create a $40 billion beauty giant, and private equity behemoth Apollo is in discussions to acquire Atlantic Aviation from KKR in a $10 billion deal.
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PEOPLE
EXPERT ANALYSIS
New DOD Framework Offers Key Guidance On PFAS Disposal
The U.S. Department of Defense's recently updated guidance on disposal of materials containing per- and polyfluoroalkyl substances ends its moratorium on incineration of PFAS-containing waste, but contractors must be ready to demonstrate stringent compliance with the department's new permitting system, operational controls and data practices, say attorneys at Alston & Bird.
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Series
Ultramarathons Make Me A Better Lawyer
Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.
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LEGAL INDUSTRY
ABA, Ex-Judges And Many More Back BigLaw In EO Appeal
By Dorothy Atkins
Numerous bar associations, 239 former judges, 21 states, lawmakers and dozens of other amici curiae have thrown their weight behind BigLaw firms in the Trump administration's consolidated D.C. Circuit appeal seeking to revive executive orders targeting the firms, broadly arguing that the orders are an affront to foundational constitutional rights.
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
PayPal was hit with a proposed investor class action that claims the payments giant hid slowing growth for its critical branded checkout business. In the meantime, a Shopify lawyer encouraged his peers during a webinar to make sure their outside counsel have "met the moment" by leveraging artificial intelligence in smart ways. These are some of the stories in corporate legal news you may have missed in the past week.
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Law360's Legal Lions Of The Week
By Kevin Penton
Alliance Defending Freedom, Pearman Law Firm PC and attorney Barry Arrington lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that a Colorado ban on therapy intended to change a minor's sexual orientation or gender identity amounts to viewpoint discrimination against a Christian therapist.
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