EPA Floats Relaxation Of Coal Plant Waste Rule

By Nadia Dreid

The U.S. Environmental Protection Agency wants to relax Biden-era rules requiring coal-run power plants to treat toxic wastewater so it doesn't seep into waterways, saying the move would reduce the cost of electricity by more than $1 billion a year.

Proposed Rule attached | Read full article » | Save to favorites »

EPA Proposes Delaying Biden-Era Vehicle Emissions Regs

By Gautama Mehta

The U.S. Environmental Protection Agency proposed a two-year extension on Thursday for the compliance deadline for Biden-era vehicle emissions standards, saying the policy was based on an overestimation of electric vehicle demand.

Proposed Rule attached | Read full article » | Save to favorites »

High Court Must End Colo. Climate Suit, Oil Cos. Say

By Ganesh Setty

Suncor Energy and ExxonMobil urged the U.S. Supreme Court Thursday to reverse a Colorado Supreme Court ruling allowing local communities to pursue state law tort claims for climate change damages, arguing their claims are "avowedly interstate and international in scope."

Brief attached | Read full article » | Save to favorites »

House Passes Bill To Narrow Biofuel Blending Exemption

By Gautama Mehta

The U.S. House of Representatives has passed a bill that would lift summertime restrictions on the sale of higher-ethanol fuel and tighten requirements for a biofuel blending exemption for small refineries.

Bill attached | Read full article » | Save to favorites »

Guidelines For Tariff Offsets Treat Truck Parts Like Auto Parts

By Jack McLoone

Imported parts used in manufacturing various trucks are treated like automobile parts in guidelines that the U.S. International Trade Administration issued Thursday for U.S. manufacturers of medium- and heavy-duty vehicles looking to qualify for a program that allows a discount on duties paid for such parts.

Notice attached | Read full article » | Save to favorites »

Brief

Chinese Steel Exporter Hit With 150% Duty Following Review

By Jack McLoone

The U.S. Department of Commerce on Thursday more than doubled the preliminarily determined antidumping duty for a Chinese exporter of steel cylinders to over 150% after it failed to fully comply with a review.

2 documents attached | Read full article » | Save to favorites »

Adani Group Chair, Nephew Ink $18M Deal To Exit SEC Case

By Lauren Berg

Indian billionaire businessman Gautam Adani and his nephew, Sagar Adani, agreed Thursday to pay a combined $18 million to resolve the U.S. Securities and Exchange Commission's suit accusing them of committing securities fraud in connection with a $750 million bond offering.

4 documents attached | Read full article » | Save to favorites »

Texas Jury Clears Exxon Of 10-Year Securities Class Action

By Spencer Brewer

A Texas federal jury Thursday cleared Exxon Mobil Corp. of a decade-old securities class action claiming the energy giant misled investors, finding that Exxon did not breach securities laws with its representations of how much money some of its operations were making.

Verdict attached | Read full article » | Save to favorites »

V&E, Latham Guide Oil Landowner EagleRock's $320M IPO

By Nate Beck

EagleRock, a landowner collecting revenue from oil and gas activity in the Permian Basin, reached a market capitalization of $2.4 billion in an initial public offering advised by Vinson & Elkins LLP and Latham & Watkins LLP.

Read full article » | Save to favorites »

Trustee Raises Red Flag Over TPI Composites Plan Releases

By Vince Sullivan

The U.S. Trustee's Office objected to the Chapter 11 plan of reorganization for wind blade maker TPI Composites, telling a Texas court the plan includes third-party releases barred by the U.S. Supreme Court in its Purdue ruling.

Response attached | Read full article » | Save to favorites »

Volkswagen Hit With Class Claims Over EV Battery Fire Risk

By Carla Baranauckas

Volkswagen has been hit with a proposed class action in New Jersey federal court alleging that tens of thousands of its ID.4 electric vehicles contain defective high-voltage batteries that can spontaneously catch fire because of misaligned electrodes.

Complaint attached | Read full article » | Save to favorites »

New Cuba Sanctions Raise Risks For Foreign Banks, Cos.

President Donald Trump's bold move leveling secondary sanctions against Cuba expands enforcement risk for foreign banks and companies with no U.S. nexus, signaling that non-U.S. businesses should reassess related transactions, counterparties and exposure as regulators test this broader authority, say attorneys at Troutman.

Order attached | Read full article » | Save to favorites »

Series

Playing Basketball Makes Me A Better Lawyer

My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

Read full article » | Save to favorites »

Brief

Colorado Passes Bill Banning Fee Sharing With Nonlawyers

By Emily Sawicki

The Colorado Legislature has approved a bill to bar attorneys and law firms operating in the state from sharing fees and revenue with non-attorney-owned firms, known as alternative business structure firms, making Colorado the latest state to tamp down the practice.

Read full article » | Save to favorites »

Roundup

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

By Megan Norcott

The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

K&L Gates To Part Ways With Singapore Law Firm

By Aebra Coe

K&L Gates LLP plans to separate from the Singapore law firm it combined with in 2019, while maintaining a presence in the city state, the firm announced on Friday.

Read full article » | Save to favorites »

Girardi Trial Judge Josephine Staton To Take Senior Status

By Ryan Boysen

The California federal judge who sentenced disgraced trial attorney Tom Girardi to prison for wire fraud last year has announced that she'll be taking senior status in the fall, allowing President Donald Trump to appoint her successor.

Read full article » | Save to favorites »

Roundup

Balancing The Scales: Justices To Revisit Sentencing Rules

By Orlando Lorenzo

The U.S. Supreme Court will take a closer look at a circuit split over the deference that should be allotted to U.S. Sentencing Commission commentary, and a man convicted in the killing of an infant has been released after 27 years served over evidence that points to pneumonia as the likely cause of death.

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

PayPal settled with the DOJ to end a probe into what the government agency said was a discriminatory investment program for Black- and minority-owned businesses. Meanwhile, Meta's global head of legal operations during a panel discussion predicted that the billable hour will be the exception — not the rule — in five years. These are among the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Pillsbury Winthrop Shaw Pittman LLP and Haynes Boone lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that federal courts that have sent disputes to arbitration have jurisdiction to confirm or vacate subsequent awards.

Read full article » | Save to favorites »

ABA Section Votes To Scrap Law School DEI Standards

By Emma Cueto

The American Bar Association's legal education section on Friday voted to eliminate its requirements that law schools show a commitment to diversity in their student body in order to remain accredited, a policy that has been under fire since a 2023 U.S. Supreme Court ruling striking down affirmative action in higher education.

Read full article » | Save to favorites »

Atty Tied To Trump Pardon Headed For August Extortion Trial

By Stewart Bishop

A New York federal judge on Friday set an August trial date for a South Carolina attorney and lobbyist on extortion charges tied to his work as a purported go-between for people with serious legal troubles seeking clemency from President Donald Trump.

Read full article » | Save to favorites »

Fed. Circ. Urges Justices To Reject Newman Suspension Case

By Ryan Davis

The Federal Circuit has urged the U.S. Supreme Court not to hear Judge Pauline Newman's appeal targeting a suspension imposed on her by the court's other judges, arguing that a lower court correctly held that her challenges to the order are not subject to judicial review.

Brief attached | Read full article » | Save to favorites »