A North Carolina federal judge granted the green light to a $1.5 million settlement to resolve claims from borrowers alleging PHH Mortgage Corp. sent notice of default letters containing "false threats" to speed up loan foreclosure, but reduced the attorney fees by nearly half, calling the requested amount "excessive."
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WEDNESDAY, JUNE 24, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Judge Slashes 'Excessive' Atty Fee Bid In PHH Mortgage Deal

By Katryna Perera

A North Carolina federal judge granted the green light to a $1.5 million settlement to resolve claims from borrowers alleging PHH Mortgage Corp. sent notice of default letters containing "false threats" to speed up loan foreclosure, but reduced the attorney fees by nearly half, calling the requested amount "excessive."

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.

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Treasure Hunter Betrayed By Financial Backer, Court Hears

By Spencer Brewer

A treasure hunter told a Texas federal judge Monday his erstwhile financial sponsor cut him off from his rightful share of sunken treasure found in the Caribbean, saying during the first day of a bench trial that the backer's "hubris" drove the decision to breach the parties' contract.

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Mich. Appeals Court Affirms $3M Award In Equity Dispute

By Susan Smiley

The Michigan Court of Appeals upheld a $3 million award to a former employee of a wealth management company, saying Monday that enough evidence supported a jury's finding that CIG Capital Advisors deliberately misled the plaintiff about his ownership status and diverted revenue to hide profits.

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INSURANCE

Lowe's $10M Coverage Clash With Chubb Unit Heads To Trial

By Hayley Fowler

A federal jury will decide whether a Chubb unit was wrong to refuse to pay $10 million as part of a wrongful death settlement following a fatal crash involving a Lowe's employee after a North Carolina judge Monday found there are disputed issues of material fact in the case.

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4th Circ. Says Allied Need Not Cover 'Beer Olympics' Injury

By Jonathan Capriel

A man who claims that he was paralyzed in an auto crash caused by alcohol provided to guests at a "Beer Olympics" party cannot recover from the host homeowners' insurance provider, the Fourth Circuit ruled on Monday, saying the policy's motor vehicle exclusion bars coverage.

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MEDIA & ENTERTAINMENT

SeaWorld Wants Sesame Street Contract Suit Trimmed

By Adam Lidgett

SeaWorld has urged a New York federal court to throw out certain claims in a lawsuit accusing it of flouting obligations under a licensing deal for the Sesame Street brand and engaging in a "retaliation campaign," calling some of the case "baseless" and "absurd."

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Texas Asks Justices To Keep App Store Law In Force

By Spencer Brewer

The Texas attorney general urged the U.S. Supreme Court to allow a state law requiring app stores to block minors from downloading apps without parental consent to remain in effect, arguing Monday that a lower court "committed several errors" in pausing the measure.

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SECURITIES & BANKING

Cuomo To Lead OKX-NYSE Parent Crypto Joint Venture

By Hailey Konnath

Former New York Gov. Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, a partnership aimed at developing infrastructure for "tokenized and digitally native financial products," according to an announcement made Monday.

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Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

By Aaron Keller

The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

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COMPETITION

States Defend Live Nation Jury Verdict In Antitrust Case

By Matthew Perlman

State enforcers have urged a New York federal court to reject Live Nation's bid to upend a jury verdict finding the company monopolized key parts of the live entertainment industry, telling the court the jury carefully considered ample evidence and should not be second-guessed.

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Valve Gamers Queue Up Bid To Beat Antitrust Arbitration Fight

By Rachel Riley

Hundreds of PC gamers have called on a Washington federal judge to extinguish Valve's lawsuit seeking to bar them from arbitrating antitrust claims, saying the judge has already rejected the video game developer's central argument that arbitrations cannot proceed under the updated user agreement for its Steam digital storefront.

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TRANSPORTATION

Auto Supplier Says It Was 'Hostage' To $4.3M Price Hikes

By Susan Smiley

A Tier 1 automotive supplier urged a Michigan federal judge on Monday not to throw out its $4.3 million breach of contract claim against another parts maker, arguing the opposing manufacturer "held [it] hostage" with price increases for multiple years.

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LEGAL INDUSTRY

The 2026 Lawyer Satisfaction Survey

Lawyers are generally happy being lawyers, but nonequity partners and associates told Law360 Pulse that several aspects of their job leave them feeling dissatisfied. Explore our analysis of these and other findings in the 2026 Law360 Lawyer Satisfaction survey.

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Bonus Spotlight

Axinn Giving $25K Bonuses As Glenn Agre Matches Milbank

By Tracey Read

Glenn Agre Bergman & Fuentes LLP will match the Milbank LLP base pay scale for associates, while Axinn Veltrop & Harkrider LLP — which was already paying above-market salaries — will hand out special summer bonuses of up to $25,000, the boutiques told Law360 Pulse Tuesday.

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LA Superior Court Gains Prominence With 'Nuclear' Verdicts

By Daniel Moritz-Rabson

Los Angeles County Superior Court was among the country's top sites for awarding big civil damages in recent years, according to a Lex Machina report.

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NC Becomes First State To Ban Outside Funding Of Civil Suits

By Hayley Fowler

North Carolina has become the first state in the country to ban outside investors from funding civil litigation, after Democratic Gov. Josh Stein signed into law a bill that outlaws third parties from footing the bill for civil suits in exchange for a cut of the payout at the finish line.

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Calif. Judge Restores Immigration Courthouse Arrest Limits

By Hailey Konnath

A California federal judge Tuesday vacated the Trump administration's policies on civil arrests at immigration courthouses, restoring limits on those arrests and finding that the government didn't adequately explain its policy shift.

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NY Rule Rewrite Drops 30-Day Pause For Atty Soliciting

By Emily Sawicki

New York's Appellate Division has adopted new rules of professional conduct on attorney advertising and solicitation, deleting a ban on soliciting clients less than 30 days after an incident.

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Judicial Noms Still Say Biden Won In 2020 — Technically

By Courtney Bublé

A group of judicial nominees, who earlier this month were the first of the Trump administration's nominees to say President Joe Biden won the 2020 election, reiterated in follow-up statements that Biden won the election "as a matter of law" — doubling down on what critics say is an equivocation on the election's outcome.

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Judge Who Denied Goldstein Retrial Says It Wasn't Close Case

By Rachel Rippetoe

A Maryland federal judge has elaborated on her decision to deny SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, saying that the evidence presented at trial either supersedes or invalidates his claims of issues with jury instructions and insufficient or excluded evidence.

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Texas Judge Tosses Buzbee Firm's Jay-Z Conspiracy Suits

By Spencer Brewer

A Texas state court has handed a win to Quinn Emanuel Urquhart & Sullivan LLP and a Mississippi law firm, which sought dismissal of claims that they conspired with Shawn "Jay-Z" Carter to retaliate against Houston personal injury firm The Buzbee Law Firm and two of its former clients.

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Ex-AT&T Counsel Charged Over Disclosing Privileged Info

By Sue Reisinger

A former in-house attorney for AT&T, accused of leaking privileged information to opposing counsel while seeking a share of financial gains from a lawsuit filed 18 years ago against the company, has been charged with violating attorney professional conduct rules.

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Judge Allows Brazil To Join Trump Suit Against Justice

By Carolina Bolado

A Florida federal judge on Tuesday allowed Brazil to intervene in 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 but deferred ruling on Brazil's motion to dismiss the suit.

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LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Axinn Veltrop

Bailey Duquette

Barnwell Whaley

Benesch

Boies Schiller

Bradley Arant

Bryson Harris Suciu & DeMay

Bucher Law PLLC

Buzbee Law Firm

Coblentz Patch

Cooley LLP

Corr Cronin

Cravath Swaine

DLA Piper

Davis Wright Tremaine

Dordick Law

Double Aught Injury Lawyers

Faegre Drinker

Foley & Lardner

Foley Hoag

Freeman Mathis

Gibson Dunn

Glenn Agre

Greenberg Gross

Haynes Boone

Hickey Hauck

Joelson Rosenberg

Kasowitz LLP

Kirkland & Ellis

Latham & Watkins

Lemberg Law

MJ Legal PA

Maginnis Howard

Milbank LLP

Miller Canfield

Munger Tolles

Murphy & Grantland

Norton Rose

Ogletree Deakins

Parris Law Firm

Parry Law PLLC

Quinn Emanuel

Reed Smith

Robinson Bradshaw

Skadden Arps

Vedder Price

Wilson Sonsini

Winston Taylor

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Ahern Rentals Inc.

American Arbitration Association

American Bar Association

American Tort Reform Association

Bayer AG

Claremont McKenna College

Computer & Communications Industry Association

Fidelity National Financial Inc.

Francisco Partners

GameStop Corp.

Johnson & Johnson

Lex Machina Inc.

LexisNexis Legal & Professional

LinkedIn Corp.

Live Nation Entertainment Inc.

Lowe's Cos. Inc.

Mahle GmbH

Marriott International Inc.

Meta Platforms Inc.

New York State Bar Association

North Carolina Justice Center

Optimum

PHH Corp.

PHH Mortgage Corp.

RELX PLC

ROC Nation LLC

SeaWorld Parks & Entertainment Inc.

Sesame Workshop

Starbucks Corp.

StubHub Inc.

The District of Columbia Bar

The Trade Desk Inc.

Twitter Inc.

Valve Corp.

WideOpenWest Finance LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office for Immigration Review

Federal Communications Commission

Internal Revenue Service

New York Attorney General's Office

New York Department of Financial Services

New York State Unified Court System

North Carolina General Assembly

U.S. Attorney's Office

U.S. Attorney's Office for the District of Maryland

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

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Homeland Security

U.S. Department of Housing and Urban Development

U.S. Department of Justice

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 Maryland

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

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

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

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

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

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

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

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

U.S. Government Accountability Office

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Supreme Court