EU, US Agree To Eliminate Industrial Tariffs

By Josh White

The European Union and the U.S. have agreed on new terms to the trade agreement to eliminate EU tariffs on U.S. industrial products and implement a 15% U.S. tariff cap for most other sectors, according to a joint statement issued Thursday.

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SEC Taps Military Judge To Head Enforcement Efforts

By Jessica Corso

The U.S. Securities and Exchange Commission on Thursday announced the appointment of a senior judge in the U.S. Court of Appeals for the Armed Forces to lead its enforcement division.

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NY Appeals Court Throws Out Trump's $500M Fraud Penalty

By Phillip Bantz

A divided New York state appeals court panel on Thursday tossed a nearly $500 million civil fraud penalty against President Donald Trump and his sons, companies and their executives, ruling that the fine was "excessive," but kept in place a judge's finding of liability.

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Home Depot's $5.5B GMS Deal Gets DOJ Clearance

By Rae Ann Varona

The U.S. Department of Justice has prematurely ended a waiting period that prevented Home Depot's $5.5 billion acquisition of building products distributor GMS Inc. from closing, a day before the home improvement retailer's Friday cash tender offer expiration date, Home Depot announced on Thursday.

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Amazon Must Yield To DOL Expense Subpoena, 9th Circ. Says

By Rachel Riley

Amazon has to comply with the U.S. Department of Labor's demands for data on travel reimbursements paid to supervisors sent to New York to dissuade warehouse workers from unionizing, a Ninth Circuit panel said on Thursday, concluding the information is germane to an agency probe of potential reporting violations.  

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FTC Warns Tech Cos. To Honor Data Vows In Foreign Dealings

By Allison Grande

The head of the Federal Trade Commission on Thursday cautioned Meta, Google, Apple, Amazon and other major tech companies to refrain from weakening data security protections or censoring content in response to pressure from foreign governments, reminding them that reneging on promises they make to U.S. consumers could land them in hot water with the agency.

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Brief

Biz Groups Appeal Calif. Climate Reporting Ruling To 9th Circ.

By Sarah Jarvis

The U.S. Chamber of Commerce and other business groups have appealed a court order rejecting their bid to block new California state regulations requiring large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks that they claim violate their First Amendment rights.

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Democratic Sen. Urges Trump Admin To Plan For Tariff Refunds

By Dylan Moroses

Senate Small Business Committee ranking member Edward J. Markey, D-Mass., sent a letter Thursday to agency leaders in President Donald Trump's administration requesting the government prepare a tariff refund plan in case federal courts strike down Trump's emergency tariffs.

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GTCR Deal A 'Smokescreen' For Coatings Merger, FTC Says

By Lauraann Wood

GTCR BC Holdings LLC's $627 million bid to buy the nation's largest medical device coatings company is a blatant attempt to overwhelmingly dominate an already highly concentrated market, and the "smokescreen" of a partial divestiture shouldn't convince anyone otherwise, the Federal Trade Commission told an Illinois federal judge Thursday.

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Nikola SPAC, Related Settlements Reach $33.75M In Del.

By Jeff Montgomery

A multi-court string of settlements has produced a $33.75 million proposed payout for stockholders who alleged in direct and derivative state and federal actions that they were misled in deals that took electric vehicle maker Nikola Corp. public.

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1st Circ. Rejects Flyers' $34M Fee Bid In JetBlue-Spirit Case

By Lauren Berg

Passengers who launched an antitrust challenge to the since-scrapped JetBlue-Spirit Airlines merger are not eligible to collect up to $34 million in legal fees, the First Circuit ruled Thursday, finding that because the deal was blocked in a parallel government case, the passengers are not actually the prevailing parties.

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Google Got App Data Profits After Pledging Privacy, Jury Told

By Bonnie Eslinger

A computer scientist testifying in a multibillion-dollar privacy lawsuit alleging Google LLC illegally collected data from 98 million cellphone users who had opted out of tracking told a California federal jury Thursday that the tech giant stores information about their app use in a "shadow account" and uses it to sell ads.

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Perplexity AI Fails To Toss Or Transfer Publishers' IP Suit

By Elliot Weld

Perplexity AI Inc. on Thursday was denied a bid to dismiss a copyright infringement suit brought by the companies that publish The Wall Street Journal and the New York Post when a New York federal judge said the court has jurisdiction over Perplexity under the state's long-arm statute.

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CVS, Drugmakers Illegally Inflated Insulin Prices, City Claims

By Aaron Keller

Drugmakers Eli Lilly and Co., Novo Nordisk Inc. and Sanofi-Aventis US LLC, pharmacy benefit managers CVS Caremark, Express Scripts and Optum Rx, and others have been hit with civil racketeering and state unfair trade practices law claims by the city of Torrington, Connecticut, over an alleged scheme to inflate insulin prices.

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Snap Inc. Hit With Investor Suit Over Ad Platform Glitch

By Sydney Price

Snapchat's parent company, Snap Inc., was hit with a proposed shareholder class action Thursday in California federal court accusing it of concealing the effects of a glitch on its advertising auction system that caused it to lose revenue.

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Roblox Hit With New Accusations Of Child Safety Shortfalls

By Carla Baranauckas

The Roblox Corp. prioritized growth and profits over child safety, opening the door to sexual exploitation, a North Carolina mother claimed in the latest complaint the tech giant faces over alleged safety shortfalls. 

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NC Senator Says Whirlpool Rigged TED Talk For Ad Campaign

By Abigail Harrison

Sen. DeAndrea Salvador, a Norh Carolina Democrat, accused appliance manufacturer Whirlpool Corp. of using manipulated portions of her old TED Talk on energy affordability to burnish its international ad campaign, according to a lawsuit filed Wednesday in North Carolina federal court.

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Canadian Insurer Manulife Taps Ex-JPMorgan Atty As GC

By James Boyle

Manulife, a global insurance and investment firm based in Toronto, announced Thursday it found a replacement for its outgoing general counsel, naming to the post an attorney who previously served a leadership role in JPMorgan's legal department and was general counsel for the New York-based arm of Japan's largest bank.

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Assessing Federal Securities Class Action Stats In '25 So Far

The settlement amount as a percentage of damages in securities class actions has continued to decline in the first half of 2025, a trend that may be important for assessing exposure and risk in future securities litigation, say analysts at Analysis Group.

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Divest Order Shows How Security Fears Extend CFIUS Scope

A recent White House order forcing a Chinese company to divest its 2020 acquisition of a U.S. audiovisual supplier demonstrates the Committee on Foreign Investment in the United States’ growing power to sink foreign transactions over national security concerns — and the enormous risks to U.S. companies from such reviews, say attorneys at Bass Berry.

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Opinion

Sometimes Int'l Competition Should Trump Antitrust Concerns

The U.S. Justice Department's approval of HPE's $14 billion acquisition of Juniper Networks shows that a merger that significantly enhances innovation and competitiveness may serve consumer and national interests despite marginally increasing industry concentration, says John Reeves at Reeves Law.

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Art Market Must Prepare For More AML Scrutiny

Calls for art market regulation continue to grow, as evidenced by a recently introduced bill that would subject it to the Bank Secrecy Act’s anti-money laundering requirements, so participants should consider adopting basic, risk-based controls, says Jane Levine at The ArtRisk Group.

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NY Tax Talk: ALJ Vacancy, Online Sales, Budget

Among the most notable developments in New York tax law last quarter, an administrative law judge vacancy continued affecting taxpayers, a state court decision tested the scope of the Interstate Income Act, and Gov. Kathy Hochul signed the 2025-2026 fiscal budget containing key tax-related provisions, say attorneys at Eversheds Sutherland.

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Opinion

Aviation Watch: Liability Lessons From 737 Max Blowout

The National Transportation Safety Board's recently released report on the 2024 door plug blowout on board a Boeing 737 Max airliner helps illuminate how a company's strategic mistakes can lead to flawed decision-making and supply chain oversight failures, ultimately increasing regulatory and legal exposure, says Alan Hoffman, a retired attorney and aviation expert.

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Series

Quilting Makes Me A Better Lawyer

Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

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Trump Admin To Appeal Susman Godfrey Exec Order Ruling

By Adrian Cruz

The Trump administration announced Friday its intention to appeal a June ruling that struck down as unconstitutional an executive order targeting Susman Godfrey LLP, after the court said the order was issued in retaliation for its representation of clients and causes the president opposes.

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State Solicitors General Become A Trump Judge Pipeline

By Courtney Bublé

Seven months into his presidency, more than a third of President Donald Trump's judicial nominees hailed from a pool not tapped nearly as much as his predecessors: state solicitors general.

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Analysis

Habba Ruling Could Put Tighter Limits On 'Acting' Officials

By Matthew Santoni

A Pennsylvania federal judge's ruling disqualifying Alina Habba from acting as the U.S. attorney for New Jersey has the potential to end a long-standing means of filling government posts without going through the U.S. Senate.

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Trump Names 4 Nominees For North Carolina Bench

By Courtney Bublé

President Donald Trump announced on Friday night four judicial nominees in North Carolina.

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DOJ Investigation Of NY AG Condemned By AGs Of 21 States

By Bonnie Eslinger

A coalition of 21 attorneys general Friday issued an open letter saying the U.S. Department of Justice is investigating New York Attorney General Letitia James and condemning the probe as political payback for the financial fraud claims she pursued against President Donald Trump and his New York-based businesses.

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Ex-Calif. Judge Accused Of Sexually Assaulting Court Staffer

By Jack Karp

A former California Superior Court judge has been charged with sexually assaulting a court employee and seeking to cover up that purported incident and another alleged assault, the U.S. Department of Justice announced Friday.

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Newman Given Potential Lifeline In Suspension Appeal Loss

By Ryan Davis

While the D.C. Circuit on Friday declined to revive Federal Circuit Judge Pauline Newman's lawsuit challenging her suspension, experts said the court provided an opening for her to seek further review, by suggesting that the precedent limiting the arguments available to her may be flawed.

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Under Trump, White Collar Crypto Defense Gets New Playbook

By Phillip Bantz

White collar lawyers are crafting new blueprints for crypto-related civil and criminal defense amid the Trump administration's embrace of the industry and the financial world’s growing acceptance of cryptocurrency as a legitimate asset.

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Ex-Mother-In-Law Painted As Mastermind In FSU Prof's Death

By David Minsky

A Florida prosecutor on Friday described the former mother-in-law of a Florida State University law professor killed by hired assassins in 2014 as the mastermind behind his murder, telling jurors that she was motivated by the desire to have her grandchildren closer to Miami after her daughter's divorce. 

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Ohio Panel Says Med Mal Damages Cap Is Unconstitutional

By Y. Peter Kang

An Ohio appeals court has declared that the state's statutory limit on pain and suffering damages in medical malpractice cases is unconstitutional because it violated the right to due process to a patient who suffered a severe brain disorder.

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Ex-Morgan & Morgan Client Says Arbitration Ruling Was Error

By Emily Sawicki

A former Morgan & Morgan client is pushing back on an order sending his proposed class action malpractice claims into arbitration and denying a motion to remand the suit to state court, arguing that a Savannah, Georgia, federal judge erred in her ruling by misapplying the law and failing to take all facts into account.

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Probation Granted In Chandra Levy Prosecutor's Ethics Case

By Alison Knezevich

A D.C. Court of Appeals panel has sanctioned the lead prosecutor in the Chandra Levy murder case for failing to disclose evidence, but said she should not be suspended because "her misconduct was the result of a seemingly honest mistake."

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Taxation With Representation: Kirkland, Weil, Fried Frank

By Zak Kostro

In this week's Taxation With Representation, private equity firm Thoma Bravo buys human resources software provider Dayforce Inc. in a take-private deal, Lowe's buys Foundation Building Materials, Nexstar Media Group Inc. acquires fellow media company Tegna Inc., and Soho House & Co. Inc. inks a take-private deal with hotel operator MCR.

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Roundup

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

By Max Austin

This past week in London has seen football manager Bruno Lage sue the owner of Olympique Lyonnais and Botafogo football clubs, luxury fashion brand Christian Dior Couture target a jewelry business trading under the same name, and a Russian motorsports promoter take action against Formula One after it canceled its Russian Grand Prix in 2022.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Large-company general counsel in a survey picked lawyers at Littler, Greenberg Traurig and McGuireWoods at the top of their all-star list for exceptional service. While talks continue, the EU and U.S. have agreed to new trade agreement terms that end EU tariffs on industrial products from the U.S.

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Law360's Legal Lions Of The Week

By Kevin Penton

Morgan Lewis & Bockius LLP, Hunton Andrews Kurth LLP and Jackson Lewis PC lead this week's edition of Law360 Legal Lions, after the Fifth Circuit upheld injunctions barring the National Labor Relations Board from prosecuting unfair labor practice cases against SpaceX and two other companies.

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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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