It is not often that a Second Circuit ruling is hailed as "the greatest legal achievement in national history" by a country's president, but that's what happened after a team from Sullivan & Cromwell LLP persuaded the appellate panel to nix an $18 billion judgment against Argentina.
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TOP NEWS

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How They Won It

How Sullivan & Cromwell Won An $18B 'Bet The Country' Case

By Chris Villani

It is not often that a Second Circuit ruling is hailed as "the greatest legal achievement in national history" by a country's president, but that's what happened after a team from Sullivan & Cromwell LLP persuaded the appellate panel to nix an $18 billion judgment against Argentina.

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OpenAI Judge Pauses Trial To Probe Musk Attys On $97B Bid

By Dorothy Atkins

A California federal jury trial over Elon Musk's challenge to OpenAI's for-profit conversion paused on a precarious note Thursday after Musk's legal team failed to object to a document during Musk's cross-examination, and inadvertently opened the door to wide-ranging and potentially damaging evidence into Musk's $97.4 billion acquisition proposal.

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Google $700M Deal Nears Approval As Judge Questions Fees

By Bonnie Eslinger

A California federal judge said Thursday he would likely give final approval to Google's $700 million antitrust deal with states and consumers, but criticized the accompanying request for $85 million in attorney fees, calling the 100,000 hours the consumers' counsel said they spent on the case "grotesquely bloated."

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J&J Says Ill. Ruling Backs Beasley Allen's DQ From Talc Suits

By George Woolston

Johnson & Johnson told a New Jersey federal court that a recent ruling in Illinois backs the Beasley Allen Law Firm's disqualification from multidistrict litigation over its talcum powder.

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LIV Golf Seeks New Funding, Restructures As Saudis Exit

By Alex Lawson

Saudi Arabia's sovereign wealth fund announced on Thursday it would be discontinuing its backing of LIV Golf at the end of this season, prompting the upstart league to alter its leadership structure in the hopes of securing new investors.

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LEGAL ETHICS & MALPRACTICE

Jones Day Beats Sanctions Bid In $2M Fee Dispute

By Celeste Bott

An Illinois state judge has ruled that Jones Day can pursue punitive damages on several of its claims in a lawsuit alleging a former client made a series of unlawful transactions to avoid paying over $2 million in legal fees, and also denied sanctions sought by the ex-client against the firm.

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Pa. Atty Says Ex-Partner Ran Firm Into Ground, Won't Pay Up

By Adam Lidgett

A Pennsylvania patent attorney is accusing his former partner in a state court lawsuit of mismanaging the firm they started, improperly winding down operations and refusing to pay him all the money he says he is owed.

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Texas Court Rules Atty Can't Dodge Billionaire's Fraud Claims

By Spencer Brewer

A Texas appeals court kept intact a suit brought by the billionaire co-founder of Rackspace Technology Inc. alleging his former attorney aided his wife in a "contentious" divorce, saying Thursday that the attorney can't use the state's anti-SLAPP law to evade the suit.

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POLICY & REGULATION

Fla. High Court Allows Email Service To Foreign Debtor

By David Minsky

The Florida Supreme Court declined to hear a case involving a Maltese citizen's challenge of email service in a law firm's lawsuit to collect fees, validating a recent state law that allows parties to bypass the Hague Convention to serve legal documents to foreign entities electronically.

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REAL ESTATE & DEVELOPMENT

Colo. Panel OKs Impact Fees On Reconstruction Projects

By Rachel Konieczny

Local governments can charge impact fees on new development projects as a condition of issuing a development permit, including on projects other than the development of a raw parcel of land, the Colorado Court of Appeals held Thursday.

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PRODUCT LIABILITY

GM Keyless-Theft Suit Trimmed, Core Claims Survive

By Jonathan Capriel

A proposed class of drivers who claim General Motors hid a design flaw that allows thieves to easily access their vehicles saw their claims trimmed by a Texas federal judge, but he allowed most drivers to proceed with their core unjust enrichment claims.

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CONSUMER PROTECTION

Borrowers Seek NJ Mass Tort Status For Debt Buyer Suits

By George Woolston

Consumers challenging LVNV Funding LLC's attempts to collect their debts that they say are void under state law have applied to the New Jersey Supreme Court to centralize their suits as multicounty litigation.

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Debt Collectors Owe Charity Care Notice, Wash. Justices Say

By Lauren Berg

Just as hospitals must inform low-income patients they might qualify for financial assistance, so too must agencies collecting on medical debt, the Washington Supreme Court clarified Thursday.

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INTELLECTUAL PROPERTY

Crypto Co. Fights Shkreli's Counterclaims In Album Case

By Elliot Weld

A cryptocurrency company suing "Pharma Bro" Martin Shkreli over ownership of a coveted Wu-Tang Clan album has asked a Brooklyn federal judge to dismiss his counterclaims, calling his claim seeking a declaration that he didn't steal trade secrets related to the album a "mirror image" of the company's claim saying he did.

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Fishing Gear Founder Beats Immediate TRO Bid

By Jarek Rutz

A Delaware vice chancellor on Thursday declined to immediately block former fishing gear executive Ralph Duda III from operating a women-focused fishing products business but put the dispute on a fast track toward a preliminary injunction hearing in about 45 days.

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EMPLOYMENT

Roundup

NC Biz Court Bulletin: Corporate Raid, MV Realty Settlement

By Hayley Fowler

A major case settled in the North Carolina Business Court in April as new lawsuits emerged, including a complaint by health information technology company IQVIA Holdings Inc. accusing its former top brass of orchestrating a corporate raid and defecting to a competitor. In case you missed this story and others, here are the highlights.

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SECURITIES & WHITE COLLAR

Bank's Racketeering Claims Over €4M Award Will Proceed

By Caroline Simson

An Arizona federal judge Wednesday greenlit racketeering and fraud claims asserted by an Austrian bank as it looks to enforce a nearly €4 million ($4.7 million) arbitral award against a Mexican company that is accused of misrepresenting facts to secure an underlying loan and then scattering its assets.

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COMPETITION

UP, Norfolk Southern Refile $85B Merger Bid With Regulators

By Linda Chiem

Union Pacific and Norfolk Southern on Thursday submitted a revised application to federal rail regulators for their proposed $85 billion mega-merger, touting the efficiencies and cost-savings of their combined coast-to-coast rail network, while also seeking to quell competition concerns.

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Google Says Ad Tech Rivals Can't 'Circumvent' Time Limits

By Bryan Koenig

Google has formally asked a New York federal judge to dramatically reduce antitrust claims from rival advertising placement technology providers, arguing they're clearly targeting policies they've known about for years and thus cannot get around a four-year statute of limitations pegged to a U.S. Department of Justice lawsuit.

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GOVERNMENT CONTRACTS

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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TELECOMMUNICATIONS

Verizon Slaps Landowner With Counterclaims Over Tower Lease

By Nadia Dreid

Verizon is fighting back after a North Carolina federal judge declared that the lease for land a cell tower was constructed on is invalid, laying down a set of counterclaims accusing the landowner of using it to build up the site before canceling the lease.

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CANNABIS

Cannabis Dispute Ends With Plaintiff Co. Facing $1.34M Default

By Jonathan Capriel

A California state court snuffed out a Los Angeles cannabis company's fraud lawsuit against its investors and landlords, which were accused of stealing $40 million and wrecking its cannabis license, opening the door for the ex-business partners to score a $1.34 million default judgment.

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EXPERT ANALYSIS

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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LEGAL INDUSTRY

'Christian Witch' Says Jenner & Block Must Face Vax Bias Suit

By Grace Elletson

A former Jenner & Block LLP employee told an Illinois federal judge that she didn't need to disclose that she's a "Christian witch" in order to seek an exemption to the law firm's COVID-19 vaccine requirement, urging the court to reject her ex-employer's bid to toss the case.

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Senate Advances Mont. Judge Pick Rated Unqualified By ABA

By Courtney Bublé

A judicial nominee for the District of Montana who was the only nominee of the second Trump administration so far to receive a "not qualified" rating from the American Bar Association advanced out of committee on Thursday.

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Judge Denies Push To Stop Closed Immigration Hearings

By Tom Lotshaw

A D.C. federal judge denied a Minnesota human rights organization's request to block immigration judges from restricting public and press access to proceedings, ruling that it failed to show an immediate threat of future harm from unlawful hearing closures.

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LSC Decries House Subcommittee's Proposed Budget Cut

By Marco Poggio

The nation's largest funder of civil legal aid condemned a House appropriations proposal to slash its budget for fiscal year 2027 by more than half, warning Thursday the reduction could leave nearly 3 million Americans without help for critical civil legal problems.

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Ex-Husch Blackwell Partner Urges Discovery In ERISA Dispute

By Daniel Moritz-Rabson

A former Husch Blackwell LLP partner has urged a Missouri federal court to ignore the firm's request for summary judgment in a dispute over employee retirement benefits, arguing discovery should proceed in the proposed class action.

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Monthly Merger Review Snapshot

By Matthew Perlman

A pair of door manufacturers ended a landmark private merger challenge, state enforcers are gearing up for a potential Live Nation breakup bid following a crucial jury win, and a separate group of states and DirecTV are challenging Nexstar's $6.2 billion deal for rival broadcaster Tegna.

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Hub Hires: Weil Gotshal, Reed Smith, Morgan Lewis

By Chris Villani

April showers bring legal hires in Boston, with several attorneys on the move. Weil Gotshal snagged an international trade lawyer from Kirkland & Ellis, Morgan Lewis added an attorney from Hunton, and Reed Smith continued to expand its new Boston office.

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LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Ashcraft & Gerel

Axinn Veltrop

Barnes & Thornburg

Bartlit Beck

Beasley Allen

Brackett & Ellis

Bray & Long

Buchanan Ingersoll

Butler Snow LLP

Carter Arnett

Clement & Murphy

Cohen Placitella

Conti Fenn

Cosgrave Vergeer

Covington & Burling

Cravath Swaine

Davis & Santos

Debevoise & Plimpton

Dechert LLP

Diaz Reus

Dorsey & Whitney

Dortch Lindstrom

Dykema

Faegre Drinker

Foley & Lardner

Freshfields

Hinckley Allen

Hogan Lovells

Hueston Hennigan

Hunton Andrews

Husch Blackwell

Jackson Lewis PC

Jenner & Block

Jones Day

K&L Gates

Kaplan Fox

Kellogg Hansen

Kirkland & Ellis

Lash Goldberg

Livingston Law Group

Lynch Thompson

May Potenza

McCarter & English

MoloLamken

Morgan Lewis

Morrison & Foerster

Munger Tolles

Nelson Mullins

O'Melveny & Myers

OGC Law LLC

Peck Feigenbaum

Quarles & Brady

Reed Smith

Reinhart Boerner

Roberson Haworth

Ropes & Gray

Rosen Saba

Sanford Heisler

Scott Douglass

Shook Hardy

Sidley Austin

Sills Cummis

Simonsen Sussman

Steckler Wayne

Stinson LLP

Sullivan & Cromwell

Susman Godfrey

The Kim Law Firm LLC

Toberoff & Associates

Troutman

Wachtell Lipton

Weil Gotshal

Wiggin & Dana

COMPANIES IN TODAY'S NEWS

Air France-KLM

Alphabet Inc.

Amazon.com Inc.

American Bar Association

American Chemistry Council Inc.

American Farm Bureau Federation Inc.

Axalta Coating Systems Ltd.

BNSF Railway Co.

Bauer Inc.

Blue Cross Blue Shield of North Carolina

Boston University

British Broadcasting Corp.

Burford Capital LLC

CSX Corp.

Canadian National Railway Company

Canadian Pacific Kansas City

Canadian Pacific Railway Ltd.

Epic Games Inc.

Eton Park Capital Management LP

Exela Pharma Sciences LLC

Gannett Co. Inc.

General Motors Co.

Google LLC

Hasbro Inc.

Hawaiian Holdings Inc.

Here Media Inc.

Index Exchange Inc.

IonQ Inc.

Iqvia Holdings Inc.

JELD-WEN Inc.

Johnson & Johnson

Kansas City Southern

LCI Industries

Liberty Global Inc.

Live Nation Entertainment Inc.

Match Group LLC

Merck & Co. Inc.

Meta Platforms Inc.

Microsoft Corp.

Newegg Inc.

Nexstar Media Group Inc.

Norfolk Southern Corp.

Northrop Grumman Corp.

OpenAI OpCo LLC

OpenX Technologies Inc.

Orbital ATK Inc.

PGA TOUR Inc.

Patrick Industries Inc.

Plains All American Pipeline L.P.

Prime Therapeutics LLC

PubMatic Inc.

Repsol SA

Sappi Limited

SkyWater Technology Inc.

Skydance Media LLC

Soverain Software

Steves & Sons Inc.

TRI Pointe Group Inc.

Tegna Inc.

Terns Pharmaceuticals Inc.

The Advocates for Human Rights

The DIRECTV Group Inc.

The Florida Bar

The Gap Inc.

Twitter Inc.

U.S. Anesthesia Partners

UPM-Kymmene

UniCredit

Union Pacific Corp.

Verizon Communications Inc.

Walmart Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Welsh Carson Anderson & Stowe

YPF SA

YouTube Inc.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

China's National Development and Reform Commission

Competition and Markets Authority

Cook County Circuit Court

Delaware Court of Chancery

European Commission

Executive Office for Immigration Review

Executive Office of the President

Federal Communications Commission

Federal Trade Commission

Florida Supreme Court

Legal Services Corp.

New Jersey Supreme Court

North Carolina Department of Justice

Pitkin County, Colorado

Surface Transportation Board

Texas Tenth Court of Appeals

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

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

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

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

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

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

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

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

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

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

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

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

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Montana

Washington Legislature