The U.S. Treasury Department is looking to expand its security program for foreign-based investments to cover new technologies and countries of concern, proposing rules that would prohibit certain investments in artificial intelligence and biotechnologies while also creating new exceptions for the program.
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TUESDAY, OCTOBER 27, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Treasury Seeks To Expand Curbs On AI And Biotech Deals

By Dylan Moroses

The U.S. Treasury Department is looking to expand its security program for foreign-based investments to cover new technologies and countries of concern, proposing rules that would prohibit certain investments in artificial intelligence and biotechnologies while also creating new exceptions for the program.

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DOJ Says US Can Ax NAACP Suit Over X.AI Pollution

By Madeline Lyskawa

The federal government continued to argue that it can dismiss a NAACP citizen suit alleging X.AI Corp. unlawfully installed dozens of polluting gas turbines to power a data center days after a Mississippi federal judge found no support for such an assertion.

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Feds Say 75% Of Camp Lejeune Claims Lack Support

By Emily Field

The federal government on Friday asked the North Carolina federal court overseeing the litigation over toxic water on the Camp Lejeune military base to require claimants to submit backup for their claims, saying more than three-quarters have failed to submit sufficient documentation for their claims in the past four years.

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GAO Upholds Protests Of $1.87B Air Force Deal Over Cost Leak

By Madeline Lyskawa

The U.S. Government Accountability Office recommended that the U.S. Air Force reconsider the impact of the agency's disclosure of companies' pricing information mid-procurement for operation and maintenance services, saying it cannot conclude that the integrity of the $1.87 billion procurement was preserved. 

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Boeing Door Plug Plaintiffs Say No Doubts On Defect, Notice

By Mike Curley

Passengers who were aboard Alaska Airlines Flight 1282 when its door plug blew out are asking a Washington state court to grant summary judgment on the issues of product defect and The Boeing Co.'s notice of foreseeable risk, saying Boeing's own admissions remove any dispute about those issues.

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Feds Say CIA Contractor Leaked Intel To Romantic Partner

By Ganesh Setty

A contractor leaked national defense information from the CIA to a romantic partner, who then posted articles on Substack based on the information, the U.S. Department of Justice alleges.

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DOJ Tries For Third Case Against Comey, Alleging Doc Leak

By Lauren Berg

For the third time, the Trump administration has lobbed criminal charges against James Comey, this time accusing the former FBI director of disclosing sensitive national defense information in 2016, according to a complaint unsealed Monday in D.C. federal court.

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LITIGATION

Atty Pushes For New Trial Against Blank Rome Lawyers

By James Boyle

A Pennsylvania lawyer told the Third Circuit on Monday that she deserves a new trial in her suit against three Blank Rome LLP lawyers and an aircraft parts company, arguing that the trial court did not properly view all the evidence.

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GAO

GAO Upholds DHS' IT Award After Incumbent Demo Flops

By Elaine Briseño

The U.S. Government Accountability Office said the U.S. Department of Homeland Security was justified in rejecting its incumbent vendor's $100 million proposal for IT support services, finding that the company could not demonstrate the necessary skills.

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DEALS & CONTRACTS

Wilson Sonsini, Freshfields Advise Anthropic's IPO Filing

By Jade Martinez-Pogue

Claude developer Anthropic PBC on Monday filed plans for its long-anticipated blockbuster initial public offering steered by Wilson Sonsini Goodrich & Rosati PC and Freshfields LLP.

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Brief

DOD, Navy Close $1.7B Deal To Modernize Sailor Housing

By Tom Lotshaw

The U.S. Department of Defense said it has closed a $1.7 billion deal with Hunt Military Communities that will provide modernized housing for thousands of sailors in the Hampton Roads region in southeast Virginia.

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Brief

Justices Won't Nix Stay In La. Coastal Damages Suit

By Craig Clough

The U.S. Supreme Court on Monday rejected Louisiana's emergency request to erase a Fifth Circuit stay that prevented one of its parishes from litigating coastal damage claims against an oil and gas company in state court.

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EXPERT ANALYSIS

Balancing Independence And Costs In Ch. 11 Investigations

A dispute in the Hughes Satellite Systems Chapter 11 case, pending in Texas bankruptcy court, raises a recurring issue in corporate restructurings: preserving the value of an independent corporate investigation and the investigative authority the Bankruptcy Code gives other constituencies, without making the estate pay twice for the same work, says attorney Kenneth Rosen.

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Uniting BSA, Sanctions Compliance As Treasury Targets Iran

The past 18 months of Treasury Department policies demonstrate expectations that financial institutions not merely obey sanctions against Iran, but also help expose how it moves money, making it essential that banks eliminate silos between their Bank Secrecy Act and sanctions compliance teams for an integrated response, says Jonathan Harrington at Bradley Arant.

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2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy

In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.

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LEGAL INDUSTRY

Weil PE Pro Declines Executive Partner Seat Amid Turmoil

By Marialuisa Taddia

Ramona Y. Nee has decided not to become executive partner at Weil Gotshal & Manges LLP, days after merger talks with Willkie Farr & Gallagher LLP ended and amid departures on both sides of the Atlantic, sources close to the firm told Law360 Monday.

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Analysis

Whistleblower 'Gold Rush' Might Strain DOJ, Experts Warn

By Phillip Bantz

A new federal program offering cash for tips that result in criminal fraud charges is poised to set off a whistleblower "gold rush" that could uncover more fraudsters, but might also invite a high number of low-quality claims that burden businesses and strain limited U.S. Department of Justice resources, experts say.

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Morgan & Morgan Can't Pursue Ad Ban Suit, Fla. Bar Says

By Madison Arnold

The Florida Bar has pushed back against Morgan & Morgan PA's lawsuit alleging that a rule banning the use of a celebrity's voice or image in lawyer advertising violates the First Amendment, arguing that the personal injury giant lacks standing to bring the case.

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Burns & Levinson Malpractice Claims Revived On Appeal

By Julie Manganis

Massachusetts' intermediate-level appeals court Monday reinstated legal malpractice claims brought by a youth soccer league against defunct Boston law firm Burns & Levinson LLP alleging a firm partner failed to provide a heads-up about a federal visa fraud investigation.

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Feature

Dugout Divided: Foley & Lardner Clients Clash In World Series

By Chris Villani

The World Series matchup between Foley & Lardner LLP clients, the Milwaukee Brewers and the Tampa Bay Rays, has pitted partners against one another as the firm enjoys a good-natured intrasquad rivalry during the Fall Classic.

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Former Willkie Partner, Wife Owe $14.5M Tax Debt, Gov't Says

By Zak Kostro

A former Willkie Farr & Gallagher LLP partner and his wife owe the U.S. more than $14.5 million in unpaid taxes, penalties and interest, according to a complaint filed in Manhattan federal court that seeks to enforce federal tax liens against their New York home to settle the debt.

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Trump Plans To Nominate SC Governor's Counsel To Bench

By Courtney Bublé

President Donald Trump plans to nominate William Grayson Lambert, chief legal counsel for South Carolina Gov. Henry McMaster, for a judgeship on the District of South Carolina.

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Scholar Warns AI Pitfalls Can Go Beyond Hallucinations

By Andrea Keckley

The number of court cases around the world involving AI-generated errors fell in both the second and third quarters of 2026, according to new research by a legal scholar who recently warned that the risks of using artificial intelligence in litigation now go beyond so-called hallucinations.

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Maurene Comey Illegally Fired, Entitled To Pay, Judge Holds

By Pete Brush

Former New York federal prosecutor Maurene Comey was unlawfully fired by President Donald Trump's administration, a federal judge in Manhattan held Monday, granting back pay and potentially legal fees to the daughter of former FBI Director James Comey.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.

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COMPANIES IN TODAY'S NEWS

Activision Blizzard Inc.

Advent International Corp.

Albertsons Cos. Inc.

American Bar Association

Anthropic PBC

Anywhere Real Estate Inc.

Atlanta Braves

Avco Corp.

BNP Paribas SA

Banque Misr SAE

C&S Wholesale Grocers

Compass Minerals International, Inc.

Databricks Inc.

Devon Energy Corp.

Earthjustice

EchoStar Corp.

Everyrealm

First Brands Group

Glock Inc.

Hunt Cos. Inc.

Instagram Inc.

JPMorgan Chase & Co.

London Stock Exchange Group PLC

Microsoft Corp.

Milwaukee Brewers

Nasdaq Inc.

National Association for the Advancement of Colored People

New York Yankees

Nike Inc.

OpenAI OpCo LLC

RE/MAX LLC

Renaissance Capital

Residential Capital LLC

ServiceTitan Inc.

Southern Environmental Law Center

Space Exploration Technologies Corp.

Spirit AeroSystems Holdings Inc.

Structure Therapeutics Inc.

Tampa Bay Rays

The Boeing Co.

The Florida Bar

The Kroger Co.

The New York Times Co.

Vanderbilt Minerals LLC

Verisk Analytics Inc.

Washington Mutual Inc.

LAW FIRMS IN TODAY'S NEWS

Adams & Reese

Adler Pollock

Ashurst Perkins

Bell Legal Group LLC

Blank Rome

Boyden Gray

Bradley Arant

Burns & Levinson

Burr & Forman

Butler Snow LLP

Carmichael Ellis

Clarick Gueron

Cleary Gottlieb

Cooley LLP

Cravath Swaine

Eversheds Sutherland

Foley & Lardner

Fox Rothschild

Freshfields

Gupta Wessler

Hermes Law PC

Hogan Lovells

Holland & Knight

Kean Miller

Keller Postman

Kirby McInerney

Kirkland & Ellis

Koskoff Koskoff

Krevolin & Horst

Lewis & Roberts PLLC

Lieff Cabraser

McGuireWoods

McNair Law Firm

Morgan & Morgan PA

Morrison & Foerster

Patterson Belknap

Paul Weiss

Pollack Solomon

Sale & Weintraub

Sherin & Lodgen

Sidley Austin

Stokes Lawrence

Sullivan & Cromwell

Talbot Carmouche

Vinson & Elkins

Wallace & Graham

Weil Gotshal

Weitz & Luxenberg

Wiley Rein

Willkie Farr

WilmerHale

Wilson Sonsini

Woods Rogers

GOVERNMENT AGENCIES IN TODAY'S NEWS

Central Intelligence Agency

Delaware Attorney General's Office

Delaware Court of Chancery

Executive Office of the President

Federal Aviation Administration

Federal Bureau of Investigation

Federal Trade Commission

Financial Crimes Enforcement Network

Florida Supreme Court

Internal Revenue Service

Office of Foreign Assets Control

Office of Justice Programs

Office of National Drug Control Policy

Oregon Bureau of Labor and Industries

Small Business Administration

Substance Abuse and Mental Health Services Administration

U.S. Air Force

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of Virginia

U.S. Attorney's Office for the Northern District of Alabama

U.S. Attorney's Office for the Northern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Southern District of New York

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of South Carolina

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of Florida

U.S. District Court for the Northern District of Mississippi

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Government Accountability Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

US Office of Management and Budget

United States Bankruptcy Court for the Northern District of New York