Trump Says Fixed-Price Procurement Deals Will Be Default

By Madeline Lyskawa

President Donald Trump issued an executive order Thursday making fixed-price contracts the default for federal contracting, as a part of an effort to tackle "unpredictable costs, bloated overhead, and weak performance incentives," which the president attributed to cost-reimbursement contracts.

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Boeing Set To Face 2nd Ill. Jury Over Ethiopian Air Crash

By Lauraann Wood

Boeing is set to face another round of Illinois jurors as the aerospace giant and the family of an Ethiopian Air crash victim head for what could be the second wrongful death trial kicking off next week in consolidated litigation stemming from the tragedy.

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Prediction Market Policing Getting 1st Test In Maduro Bet Case

By Aislinn Keely

The insider trading case against a U.S. Army sergeant who helped plan the capture of Venezuelan President Nicolás Maduro presents a compelling test for the statutory tools the government can use to police prediction markets, and it sends a message there's more to come, former prosecutors say.

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Brief

Commerce Finalizes Steep Duties On Russian Palladium

By Dylan Moroses

The U.S. Department of Commerce finalized triple-digit antidumping duty rates on imported palladium from Russia, according to a notice published Thursday.

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FCC Advances Plan To Clamp Down On Robocall Campaigns

By Christopher Cole

Calling illegal robocalls the No. 1 customer service issue facing the agency, the Federal Communications Commission on Thursday floated new rules that would require voice call providers to familiarize themselves with customers ahead of carrying their call traffic.

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DC Judge Allows NASA Research Library Closure To Continue

By Ganesh Setty

A D.C. federal court rejected scientists' bid to block NASA from shuttering its largest research library and suspending access to a related database for space mission documentation, finding they failed to show irreparable harm.

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Brief

CACI Says High Court Case Will Affect Abu Ghraib Verdict

By Ganesh Setty

CACI Premier Technology Inc. has urged the Fourth Circuit to delay adjudicating its rehearing bid after a panel upheld a $42 million jury award over CACI's conspiracy to torture Iraq War detainees, pointing to a forthcoming U.S. Supreme Court ruling.

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Brief

Northrop Grumman Drops Satellite Damage Suit In Va.

By Rae Ann Varona

A Virginia federal judge has approved Northrop Grumman's voluntary dismissal of its breach of contract lawsuit against Maryland-based subcontractor Element U.S. Space & Defense, which Northrop had accused of wrecking a $5 million solar satellite array and refusing to reimburse resulting damages.

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ADW Pursues $3B Takeover Of Meineke Owner, More Rumors

By Jade Martinez-Pogue

Hedge fund ADW Capital is trying to scoop up Meineke owner Driven Brands in a $3 billion deal, SpaceX told investors that only Elon Musk has the power to remove himself as the leader of the space exploration giant, and technology services firm Virtusa Corp. is looking to raise $1 billion in an India initial public offering.

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Series

Playing Magic: The Gathering Makes Me A Better Lawyer

The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

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Q&A

How Paul Clement Does It All

By Katie Buehler

For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers. 

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Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

By Dorothy Atkins

The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

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Law360's Legal Lions Of The Week

By Kevin Penton

Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.

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Whistleblower Says DOJ Rushed SPLC Indictment

By Courtney Bublé

A whistleblower has come forward to say a top U.S. Department of Justice official ordered prosecutors in Alabama to "rush" the indictment of the Southern Poverty Law Center despite concerns about the viability of the case, according to Democrats on the House Judiciary Committee.

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California High Court Rejects Dunn's Bid To Nix Suspension

By Adrian Cruz

The California Supreme Court has declined to review a California State Bar decision to impose a one-year stayed suspension on former State Bar executive Joseph Dunn.

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FTC, DOJ Say ABA Reliance Limits Law School Competition

By Matthew Perlman

The Federal Trade Commission and the U.S. Department of Justice Antitrust Division told the Tennessee Supreme Court the American Bar Association's monopoly over law school accreditations is driving up the cost of legal education.

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Analysis

SEC's Corp. Governance Shift Puts Onus On States, Cos.

By Sarah Jarvis

Lawyers who work with clients on corporate governance matters had a warm response to a recent pledge from U.S. Securities and Exchange Commission Chairman Paul Atkins to let states handle such issues, saying the shift marks a return to the agency's historical approach and may spur increased activity among state regulators.

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Ex-Bondi Adviser Tapped As Fraud Task Force's Chief Lawyer

By Phillip Bantz

Ousted U.S. Attorney General Pam Bondi's former adviser is taking on a new role as general counsel for the White House's fraud task force.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A pair of proxy advisory firms have sued two state attorneys general over laws they say impose burdensome requirements for issuing recommendations that go against corporate managers' wishes. Meanwhile, KPMG reports that legal is evolving into a key driver of business performance, and AI is a core component of the department. These are some of the stories in corporate legal news you may have missed in the past week.

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Roundup

The Top In-House Hires Of April

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Intel, Colgate and Tripadvisor. Here, Law360 Pulse looks at some of the top in-house announcements from April.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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