White collar compliance is getting trickier for companies that do business in Latin America, according to experts, who say they are seeing big shifts in the region connected to cartel crackdowns and efforts to strengthen corporate regulations, including relatively recent pushes for voluntary self-disclosure.
Law360
Energy
FRIDAY, MAY 8, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Why Compliance Is Getting Complicated In Latin America

By Phillip Bantz

White collar compliance is getting trickier for companies that do business in Latin America, according to experts, who say they are seeing big shifts in the region connected to cartel crackdowns and efforts to strengthen corporate regulations, including relatively recent pushes for voluntary self-disclosure.

Read full article » | Save to favorites »

Trump's Temporary Global Tariffs Illegal, Trade Court Rules

By Dylan Moroses

President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the U.S. Court of International Trade said Thursday in a divided opinion.

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

Blue States Say Trump Admin Can't Duck Energy Order Suit

By Keith Goldberg

Blue states have urged a federal judge to keep alive their lawsuit challenging President Donald Trump's declaration of a national energy emergency, saying every action that's been taken by federal agencies to fast-track nonemergency energy activities flows from that order.

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

Jury Says 3M Not Liable In Texas Explosion

By José Luis Martínez

A Houston jury said Thursday that 3M Co. was not responsible for a 2020 fatal factory explosion, rejecting arguments from a group of business and property owners affected by the blast that the manufacturing giant shared responsibility.

Read full article » | Save to favorites »

PDVSA Says Repaying $95M Debt Is Impossible

By Keith Goldberg

Venezuela's state-owned oil company has insisted it has no way to repay some $95 million in debt to bondholders due to banks being unwilling to work with it given the pariah status of the Venezuelan government.

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

NAACP Urges Miss. Judge To Turn Off XAI Gas Turbines

By Tom Lotshaw

The NAACP has asked a Mississippi federal judge to block X.AI Corp. from operating a battery of polluting gas turbines in the community of Southaven, asserting it has continued to add turbines to power a nearby data center rather than address permitting violations.

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

POLICY & REGULATION

Carbon Tax Revenues Fall Far Short Of Potential, Report Says

By Kevin Pinner

Carbon taxes worldwide raised less than a third of the revenue they could have recently, weighed down by exemptions, reduced rates, compliance gaps and other carbon pricing systems carving out the tax base, the Tax Foundation said Thursday in a report.

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

OIL AND GAS

Md. Congress Members Press Air Force For Fuel Leak Details

By Gautama Mehta

Maryland's Democratic congress members asked the U.S. Air Force to explain "a notable delay" in reporting comprehensive information to state officials about a leak of 32,000 gallons of jet fuel earlier this year at Joint Base Andrews.

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

DEMAR Seeks Ch. 15 Protection Amid Pemex Financial Woes

By Emily Lever

Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.

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

Brief

Judge Won't Pause Hawaii Climate Suit For High Court Review

By Elaine Briseño

A Hawaii state judge refused to pause Honolulu's climate change lawsuit against fossil fuel companies while the U.S. Supreme Court deliberates the future of a similar case lodged by Boulder, Colorado, saying the case is not federally preempted.

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

UTILITIES AND POWER

Energy, Investment Cos. Ink $2.6M Target-Date Fund Suit Deal

By Kellie Mejdrich

A public utility company and its 401(k) plan investment adviser agreed to pay $2.6 million to end a class action alleging that underperforming target-date funds dragged down energy company workers' retirement savings, according to the proposed deal filed in Missouri federal court.

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

RENEWABLES

Spain Creditor Says FIFA World Cup Subpoenas Are Valid

By Joyce Hanson

An award creditor of Spain that is owed more than $47 million has defended its Washington federal court bid for information related to the Spanish national soccer team's upcoming appearance at the 2026 FIFA World Cup, saying it's been "left with no choice" as the country continues to evade payment.

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

MINING

Vanderbilt Minerals Gets OK For $64M Sale, New DIP Package

By Rick Archer

A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.

Read full article » | Save to favorites »

PRIVATE EQUITY

Simpson Thacher Guides $1.3B Cold Storage Joint Venture

By Charlie Innis

Americold Realty Trust and EQT, advised by Simpson Thacher & Bartlett LLP, are forming a $1.3 billion joint venture to operate and potentially build upon a portfolio of 12 cold storage properties in the U.S., the companies said Thursday.

Read full article » | Save to favorites »

EXPERT ANALYSIS

Series

Speed Jigsaw Puzzling Makes Me A Better Lawyer

My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Roundup

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

By Laura Stewart Liberty

The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

Morgan Lewis Hires 2 More Hunton Litigators

By Andrea Keckley

Morgan Lewis & Bockius LLP announced on Friday that it has hired two more attorneys from Hunton Andrews Kurth LLP to build up its litigation bench.

Read full article » | Save to favorites »

Legal Industry Bounces Back, Gaining 2,400 Jobs In April

By Tracey Read

The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

Read full article » | Save to favorites »

Paul Weiss Says Atty Cuts Were Part Of Performance Reviews

By Daniel Moritz-Rabson

Paul Weiss Rifkind Wharton & Garrison LLP told Law360 on Friday that the firm has parted ways with some attorneys following an annual review process.

Read full article » | Save to favorites »

Top Atty In DOJ Appeal Over Law Firm Exec Orders To Depart

By Jake Maher

The lead federal prosecutor on the Trump administration's appeal to reinstate executive orders targeting four law firms is stepping down from his government role at the end of May, he publicly announced this week.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

The National Immigrant Justice Center and the American Civil Liberties Union lead this week's edition of Law360 Legal Lions, after a split Seventh Circuit panel rejected the Trump administration's argument that immigrants unlawfully in the United States have no due process rights.

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

The head of the U.S. Department of Labor's employee benefits section said agency investigations will focus on benefit plan managers' loyalty conflicts, including pursuit of socially conscious goals. Meanwhile, Dell became the latest company to consider Texas as its new legal home. These are among the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

Prosecutor Faces Probe Into Withheld Immigration Case Info

By Bonnie Eslinger

The lead assistant federal prosecutor for Rhode Island's civil division is under investigation for allegedly withholding information in an immigration case, according to an order from the Ocean State's top federal judge.

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

DLA Piper Accused Of 'Frivolous' Suit To Please Chipotle GC

By Gina Kim

DLA Piper aggressively litigated a "frivolous" computer fraud lawsuit against a nonprofit volunteer in order to appease the then-general counsel of Chipotle, a client, who referred the case to the firm, according to a malicious-prosecution complaint filed Thursday in California state court. 

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

Promo that reads Law360 Pulse 2026 AI Survey

COMPANIES IN TODAY'S NEWS

3M Co.

A.P. Moller-Maersk

AT&T Inc.

Adidas AG

Amazon.com Inc.

Amegy Bank NA

American Civil Liberties Union

American Express Global Business Travel

Apollo Global Management LLC

Bank of America Corp.

Basic Fun Inc.

Bimbo Bakeries USA Inc.

Boston University

Bridge Investment Group LLC

British Broadcasting Corp.

Burke Inc.

Cargill Inc.

Chevron Corp.

Chipotle Mexican Grill Inc.

Columbia Sportswear Co.

ConocoPhillips

Cottrell Inc.

Dell Technologies Inc.

EQT Corp.

Earthjustice

Eastdil Secured LLC

Evergy Inc.

Federation Internationale de Football Association

Google LLC

Hatch Henderson Fivel LLC

Hilton Worldwide Holdings Inc.

International Business Machines Corp.

International Centre for Settlement of Investment Disputes

International Trademark Association

Investments Ltd.

JPMorgan Chase & Co.

Legoland Discovery Centre Us LLC

LinkedIn Corp.

Meta Platforms Inc.

Morgan Stanley

Nasdaq Inc.

National Association for the Advancement of Colored People

OpenAI OpCo LLC

Phillips 66

SageView Advisory Group LLC

Samba Financial Group

Singapore Airlines Ltd.

Sopra Steria Group

Southern Environmental Law Center

Tax Foundation

The Whitlock Co.

U.S. Bancorp

UBS Group AG

Vanderbilt Minerals LLC

Vinci SA

Wells Fargo & Co.

Wm Morrison Supermarkets PLC

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Arnold & Itkin

Bevan Brittan

Bond Schoeneck

Bracewell LLP

Brown Rudnick

Browne Jacobson LLP

Buchalter LLP

Burges Salmon

Butler Snow LLP

Buzbee Law Firm

Cades Schutte

Caplin & Drysdale

Clyde & Co

Cox Fricke

Cripps LLP

DLA Piper

Damon Key

Davis Polk

Dentons

Don Bivens PLLC

Duane Morris

Dykema

Faegre Drinker

Gibson Dunn

Gowling WLG

Holland & Knight

Hunton Andrews

JMW Solicitors LLP

Jenner & Block

Julander Brown

Katten Muchin

Kennedys Law LLP

King & Spalding

Kirkland & Ellis

Kwok Daniel

Latham & Watkins

Law Office of Melanie Shapiro

Lester Aldridge

Lowenstein Sandler

Maslon LLP

McDermott Will & Schulte

Milbank LLP

Miller & Chevalier

Morgan Lewis

Morrison & Foerster

Norton Rose

Osborne Clarke

Paul Hastings

Paul Weiss

Perkins Coie

Pinsent Masons

Proskauer Rose

Schneider Wallace

Schwabe Williamson

Sequor Law

Settle Meyer Law

Sher Edling

Shoosmiths LLP

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Stephenson Harwood

Steptoe LLP

Sterne Kessler

Susman Godfrey

TLT LLP

Taft Stettinius

Thompson Coe

Walcheske & Luzi

Watanabe Ing

Wiley Rein

WilmerHale

Withersworldwide

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Labor Statistics

Companies House

Department for Work & Pensions

Employee Benefits Security Administration

European Commission

European Union

Food and Drug Administration

Government of Mexico

International Trade Commission

National Labor Relations Board

National Security Council

U.S. Air Force

U.S. Army Corps of Engineers

U.S. Attorney's Office for the District of Rhode Island

U.S. Chemical Safety and Hazard Investigation Board

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Interior

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 Rhode Island

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. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

UK Ministry of Justice

United States Bankruptcy Court for the Northern District of New York

Washington Attorney General's Office