SpaceX Inks $60B Cursor Deal As Gibson Dunn, Kirkland Lead

By Al Barbarino

Elon Musk's SpaceX disclosed Tuesday that it has agreed to acquire Anysphere Inc., the developer of artificial intelligence coding assistant Cursor, in an all-stock transaction valuing the company at about $60 billion.

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Judge Won't Nix Minor's Guardian In Ethiopia Crash Suit

By Mike Curley

An Illinois federal judge won't remove a court-appointed independent guardian for the minor child of a victim of the 2019 Ethiopian Airlines Flight 302 crash, saying the litigation behavior of the child's grandparents in opposing the appointment has only reinforced the need for one.

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Dems Press Treasury, DOJ On Binance Sanctions Compliance

By Aislinn Keely

A group of Senate Democrats led by Adam Schiff, D-Calif., is pressing the U.S. Treasury Department and Justice Department for updates on the oversight of crypto exchange Binance in light of reports that the platform has facilitated Iranian sanctions evasion and maintains ties to members of the Trump administration.

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Brief

FCC Lifts Security Ban On Some Foreign-Made Toy Drones

By Christopher Cole

The Federal Communications Commission said that "toy drones" manufactured in foreign countries or using parts from overseas will no longer fall under an FCC ban on most drones produced outside the U.S.

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EU Parliament Approves Trade Deal With US

By Dylan Moroses

European Union lawmakers voted Tuesday to approve legislation implementing the bloc's safeguard-bolstered trade deal with the U.S. founded on a series of tariff cuts, moving one step closer to implementation that is expected before the end of the month.

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FCC Urged To Revise Test Rule Language

By Aneeta Mathur-Ashton

A trade group representing commercial, scientific and testing laboratories in the U.S. has asked the Federal Communications Commission to narrowly tailor the language of a planned rule that would restrict accreditation for labs that test communications equipment.

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Orange County Residents Sue GKN Over Toxic Emergency

By Mike Curley

A proposed class of Orange County residents is suing GKN Aerospace Transparency Systems Inc. in California state court, alleging GKN's negligence led to the overheating and near-explosion of a 34,000 gallon tank of methyl methacrylate in May.

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NY Judge 'Doubtful' Of Oil Co.'s Suit Against Ex-Florida Rep.

By David Minsky

A New York federal judge said Tuesday he was "doubtful" that a breach of contract lawsuit filed by the U.S. subsidiary of Venezuela's state-owned oil company can go forward, given the agreement's potential invalidation following a trial that resulted in the conviction of a former Florida congressman last month.

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Brief

Air Force Awards $1.4B Microsoft Renewal Deal To Dell

By Tom Lotshaw

Dell Federal Systems LP landed a $1.4 billion U.S. Air Force call order to provide Microsoft software licenses and related subscription services, according to the U.S. Department of Defense.

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Brief

DOD Pledges $500M Loan For Rare Earth Processing Initiative

By Tom Lotshaw

U.S. Department of Defense officials inked a $500 million loan commitment to help a New England company scale up the domestic processing of rare earth elements.

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The Paradoxical Duty To Adopt AI When You Can't Bill For It

Both billing for hours saved using artificial intelligence and preserving billable time by not adopting AI may violate rules of professional conduct, but until bar associations' ethics rules catch up to this emerging economic dilemma, firms must decide how to adjust fee structures themselves, says Ines Lassalle at Peyrot & Associates.

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These Firms Secured The Most Damages In The Last 3 Years

By Daniel Moritz-Rabson

Government lawyers had a strong success rate in federal courts over the last three years, but intellectual property litigation saw certain firms secure damage awards worth hundreds of millions of dollars for clients, according to Lex Machina's Law Firms Activity Report 2026 released on Tuesday.

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Ex-Girardi Atty Hid Firm's Diversion Of Funds, State Bar Says

By Bonnie Eslinger

A State Bar of California prosecutor argued Tuesday at a disciplinary trial that ex-Girardi Keese attorney Robert Finnerty hid the firm's misappropriation of millions of dollars from a family's $53 million settlement, while Finnerty's counsel countered he's being blamed for the actions of his former boss, convicted and disbarred attorney Tom Girardi.

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SCOTUSblog Founder Goldstein Denied Acquittal Or Retrial

By Alison Knezevich

A Maryland federal judge on Tuesday denied SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, rejecting his claims that issues with jury instructions and excluded evidence warranted a do-over in his tax evasion and mortgage fraud case.

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Ex-Judge Loses Bid To Undo ICE Obstruction Conviction

By Britain Eakin

Former Wisconsin state judge Hannah Dugan has failed in her attempt to use a Fourth Circuit decision to vacate her conviction for helping a defendant in her courtroom evade immigration agents, with a federal judge ruling Tuesday the decision involves fact patterns that differ from her case.

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Senate Rejects Bid To Block Fast-Track Immigration Appeals

By Courtney Bublé

A Democratic-led Senate resolution that would have blocked a U.S. Department of Justice rule directing its Board of Immigration Appeals to quickly dismiss cases that don't raise "novel" issues failed to pass Tuesday.

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Blanche To Go Before Senate Panel July 15

By Courtney Bublé

Acting U.S. Attorney General Todd Blanche's nomination hearing is a month away, and the fate of his confirmation is likely in the hands of Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas.

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Oral Arguments In Comey, James Appeal Set For September

By Aneeta Mathur-Ashton

The Fourth Circuit has scheduled in-person oral arguments for the Trump administration's appeal of the dismissals of indictments against former FBI Director James Comey and New York Attorney General Letitia James for Sept. 15-18.

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Brazil Says Justice Is Immune From Trump Media's Suit

By Carolina Bolado

Brazil asked Monday to intervene and dismiss a suit by President Donald Trump's media company and online video-sharing platform Rumble Inc. against a Brazilian Supreme Federal Court justice's gag orders, saying the suit cannot overcome immunity under the Foreign Sovereign Immunities Act.

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