The Fourth Circuit on Monday called back to the satirical cult classic "Talladega Nights: The Ballad of Ricky Bobby" in finding the former owners of a NASCAR team must cover the cost of a settlement involving a bank lien on their charter after they sold it to new owners.
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TOP NEWS

'Shake & Bake': 4th Circ. Cites Ricky Bobby In NASCAR Ruling

By Hayley Fowler

The Fourth Circuit on Monday called back to the satirical cult classic "Talladega Nights: The Ballad of Ricky Bobby" in finding the former owners of a NASCAR team must cover the cost of a settlement involving a bank lien on their charter after they sold it to new owners.

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Wells Fargo Tells Judge Cash Sweep 'Conflict' Was Disclosed

By Sydney Price

Wells Fargo said it should be allowed to escape customers' proposed class action alleging the bank's cash sweep investment program disproportionately benefits the bank, arguing it disclosed in its signed agreements with customers the bank's intentions to secure financial gains for itself through the program.

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Texas Law Firm Beats Sanctions Ruling In Barratry Suit

By Lynn LaRowe

A Lone Star State appellate court has tossed a $240,000 sanctions order for a Houston personal injury firm accused of leveling unfounded barratry claims against a client's former firm, finding that the trial court's order was issued after its jurisdiction had expired.

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Avis Hit With Investor Suit Over $2.3B Fleet Impairment

By Sydney Price

Car rental company Avis Budget Group has been hit with a proposed shareholder class action alleging it harmed investors when it concealed a strategy shift late last year that accelerated fleet rotation and led to a $2.3 billion impairment charge.

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TD Bank's $3 Paper Statement Fee Breaks NY Law, Suit Says

By Emilie Ruscoe

TD Bank faces a proposed customer class action alleging it violated New York state law with its practice of charging its customers $3 to mail them paper copies of their monthly billing statements.

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Comair Seeks Boeing Sanctions Over 737 Max Refund Letter

By Tom Lotshaw

Defunct airline Comair Ltd. is asking a Washington federal judge to sanction The Boeing Co. for deleting evidence of a "side letter" assuring it that its deposits to buy seven 737 Max aircraft would be fully refundable and arguing the letter never existed.

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REAL ESTATE & DEVELOPMENT

Wash. Judge Tosses Investor's $42M Real Estate Con Suit

By Rachel Riley

A federal judge in Seattle threw out a Las Vegas investment company's lawsuit accusing four businessmen of a $42 million fraud scheme, saying on Monday that the firm hasn't shown a "substantial part" of the allegations occurred in western Washington.

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ENERGY & ENVIRONMENTAL

FAIR Plan Failed To Pay For LA Fire Smoke Claims, Suit Says

By Hope Patti

Another group of California homeowners has accused the state's insurer of last resort of illegally denying and underpaying claims for smoke damage following the Los Angeles wildfires despite its obligation to cover all fire-related damage under California law, according to a lawsuit filed in state court.

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INSURANCE

Geico's Failure To Settle Caused $2.8M Judgment, Suit Says

By Ganesh Setty

A court-appointed receiver for an at-fault driver has told a North Carolina federal court that Geico should be on the hook for a more than $2.8 million consent judgment against the driver stemming from an August 2020 crash, saying the insurer failed to settle underlying injury claims for the driver's $100,000 limit.

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Insurance Agency Says Carrier Can't End Car Policy Program

By Hope Patti

An insurance agency that provides specialized policies for car rental companies asked a Pennsylvania federal court to halt an insurer's plan to abruptly cancel a program through which the agency writes the policies, saying the proposed termination would cause "major disruptions" to rental companies and their customers nationwide.

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Conn. Insurer Dumped Agent For Raising Red Flags, Suit Says

By Brian Steele

A Connecticut insurance company terminated one of its agents in retaliation for his complaints about alleged illegal activity, including a concern that Allstate agents were using company log-in information "to pull Progressive quotes," according to a lawsuit in state court.

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EMPLOYMENT

Second Round Of Conn. Firm Windup Fight Sent To Arbitration

By Brian Steele

A Connecticut state court judge has paused a derivative lawsuit that an attorney filed against his onetime 50-50 law partner at Connecticut Trial Firm LLC, sending it instead to arbitration.

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SECURITIES & WHITE COLLAR

'Chicken Soup' Parent, Investor Settle Mismanagement Suit

By Ben Zigterman

Chicken Soup for the Soul Holdings LLC has reached a settlement with a corporate investor that accused the Redbox owner and publisher of self-help books of mismanagement prior to a subsidiary's Chapter 7 liquidation.

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COMPETITION

Compass Calls Wash. Listing Service Rules Anticompetitive

By Grace Dixon

Compass told a Washington federal court that Northwest Multiple Listing Service and its broker-led board of directors have stifled competition, thwarting a product that allows home sellers to test home sales privately before registering them with the multiple listing service.

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TELECOMMUNICATIONS

Altice Must Show Arbitration Clause Was Sent, NJ Justices Told

By George Woolston

An Altice USA customer urged the New Jersey Supreme Court on Monday to revive his discrimination suit against the cellular provider, arguing that the company has provided no evidence of an arbitration agreement that precluded his claims in lower courts.

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LEGAL INDUSTRY

The 2025 Lawyer Satisfaction Survey

Law firms and the legal profession are facing new uncertainties, shifting the stress levels, economic pressures, and overall contentment of lawyers in private practice, according to the 2025 Law360 Pulse Lawyer Satisfaction Survey.

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'The Court Is Not A Cartoon': Judge Rips Dragon Watermark

By Hailey Konnath

A Michigan federal magistrate judge Monday ordered an East Lansing, Michigan, firm called Dragon Lawyers PC to stop plastering its pleadings with a large, suit-clad purple cartoon dragon watermark on each page, saying it's not only "distracting, it's juvenile and impertinent."

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Analysis

Feds Have Strong Hand On Judge Charged With Blocking ICE

By Danielle Ferguson and Carolyn Muyskens

A Wisconsin state judge faces an uphill battle in defending against federal criminal allegations that she helped a man evade immigration officials at a Wisconsin courthouse, but she may be able to stake out a defense in arguing the government can't prove intent, experts told Law360. 

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California Judge Loses Pay After Conviction For Murdering Wife

By Gina Kim

The California Commission on Judicial Performance formally suspended a California judge without pay after a state jury found him guilty of second-degree murder last week for shooting his wife to death in their Anaheim Hills home on Aug. 3, 2023, following a heated argument. 

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Q&A

Sullivan M&A Chief Sees Opportunities Amid Tariff Turmoil

By Al Barbarino

After a rocky start to 2025, the mergers and acquisitions landscape is grappling with economic volatility, shifting trade policies and a complex regulatory environment. But even in a "choppy" market, there are always deals to be made, says Melissa Sawyer, global head of Sullivan & Cromwell LLP's M&A group and co-head of its corporate governance practice.

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NJ Judge Apologizes Through Waylon Jennings Lyrics

By George Woolston

Clark Township, New Jersey, Municipal Judge Antonio Inacio said Tuesday that he isn't proud of all the things that led him to appear before a Garden State judiciary disciplinary committee, but he can say that he never intentionally hurt anyone by his conduct.

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$10M Brown Rudnick Deal With Guo Trustee Gets Judge's OK

By Aaron Keller

A Connecticut bankruptcy judge on Tuesday approved a $10 million deal between Miles Guo's Chapter 11 trustee and the Chinese exile's onetime attorneys at Brown Rudnick LLP, and greenlighted 10 lesser settlements with other firms and luxury retailer Versace.

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Analysis

GOP Plan To Shutter Audit Watchdog Could Strain SEC

By Jessica Corso

Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties.

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Federal Defenders Of NY Staff Announce Union Drive

By Andrea Keckley

Staff members at the Federal Defenders of New York have announced their plans to join their attorney colleagues as members of the Association of Legal Advocates and Attorneys.

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Justices Scoff At Feds' Defenses In Mistaken FBI Raid Case

By Chart Riggall

Supreme Court justices Tuesday appeared flummoxed by the government's "ridiculous" arguments it should be immune to a Georgia resident's lawsuit over a mistaken FBI raid on her house, but seemed unlikely to issue a blanket ruling on when an officer's discretion trumps their liability for injuries caused by their actions.

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Alex Jones Wants High Court Look At $1.3B Sandy Hook Case

By Brian Steele

Bankrupt Infowars host Alex Jones will ask the U.S. Supreme Court to invalidate a mammoth libel judgment that families of Sandy Hook shooting victims secured against him and his company over his conspiratorial broadcasts calling the massacre a hoax, he told a Connecticut appellate court in seeking to extend a pause on the payout.

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Breyer To Talk Pragmatism At NJ Bar Association Convention

By Carla Baranauckas

Retired U.S. Supreme Court Justice Stephen Breyer will bring his pragmatic legal philosophy to center stage when he appears at the New Jersey State Bar Association Convention on May 16 in Atlantic City.

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LAW FIRMS IN TODAY'S NEWS

Aeton Law Partners

ArentFox Schiff LLP

Ayres Law Office PC

Baker & Hostetler

Bandas Law Firm

Berger Montague

Broocks Law Firm

Brown Rudnick

Bursor & Fisher

Cairncross & Hempelmann

Claggett & Sykes

Clement & Murphy

Cohn Birnbaum

Connecticut Trial Firm LLC

Cooley LLP

Edelson PC

Ervin Cohen

GPS Legal

Gibson Dunn

Graubard Miller

Halloran & Sage

Hodgson Russ

Kerley Schaffer

King & Spalding

Kirkland & Ellis

Koskoff Koskoff

Law Offices of Dana Wefer

Lowenstein Sandler

McManimon Scotland

McMinn Employment Law Firm

NachtLaw

Neubert Pepe

Parker Pollard

Perkins Coie

Pomerantz LLP

Randazza Legal Group

Shook Hardy

Skufca Law

Spero Law LLC

Stanfield Bechtel

Stanton LLP

Stapleton Segal

Stone Conroy LLC

Sullivan & Cromwell

Updike Kelly

Waddell Serafino

White & Case

White & Stradley

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Altice SA

Altice USA

American Arbitration Association

Apple Inc.

Avis Budget Group Inc.

California Fair Plan Association

Compass Inc.

Compass Minerals International, Inc.

Dell Technologies Inc.

Ethiopian Airlines Enterprise

FTI Consulting Inc.

Geico Corp.

Institute for Justice

LinkedIn Corp.

Meta Platforms Inc.

Mitsui Sumitomo Marine Management USA Inc.

NASCAR Digital Media LLC

National Association of Realtors

New Jersey State Bar Association

Northwest Multiple Listing Service Inc.

Public Co. Accounting Oversight Board

Redbox Automated Retail LLC

State Bar of Michigan

The Boeing Co.

Toronto-Dominion Bank

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Commission on Judicial Performance

California Department of Insurance

Federal Bureau of Investigation

National Labor Relations Board

New Jersey Supreme Court

Texas Judicial Branch

Texas Supreme Court

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

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Justice

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

U.S. District Court for the District of Connecticut

U.S. District Court for the District of New Jersey

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

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

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

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

U.S. District Court for the Western District of Michigan

U.S. District Court for the Western District of Washington

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States Bankruptcy Court for the District of Connecticut