Q&A

How Paul Clement Does It All

By Katie Buehler

For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers. 

Read full article » | Save to favorites »

Ex-Fla. Rep. Guilty Of FARA Violations For Venezuela Work

By Carolina Bolado

A Florida federal jury on Friday found former Florida congressman David Rivera guilty of failing to register as a foreign agent after signing a $50 million contract with a unit of Venezuela's state-owned oil company.

Read full article » | Save to favorites »

Pa. AG Has No Place In Grid Project Fight, High Court Told

By Keith Goldberg

Transmission developer Transource Pennsylvania LLC on Friday urged the U.S. Supreme Court to reject a plea by Pennsylvania's attorney general to intervene in Third Circuit proceedings that allowed the company's project to proceed despite its rejection by state utility regulators.

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

Exxon Ex-CEO Tells Jury Company Didn't Mislead Investors

By Spencer Brewer

Former Exxon Mobil Corp. CEO Rex Tillerson testified Friday that the company followed rules dictating annual reports to investors when it came to detailing its Kearl Lake reserves, telling a jury in Texas federal court that the energy giant did not mislead investors.

Read full article » | Save to favorites »

Commerce Opens Duty Probe Into Algerian Steel Wire Rod

By Jack McLoone

The U.S. Department of Commerce has opened an investigation into whether imported carbon and steel alloy wire rod manufactured in Algeria and imported to the U.S. is being subsidized.

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

Ill. AG Makes $125M Deal With Gas Cos. Toward Bill Credits

By Joyce Hanson

Two gas companies in Chicago and its northeastern suburbs have settled with Illinois Attorney General Kwame Raoul in a deal that will give about 1 million consumers $125 million of credits on their bills over the next three years.

Read full article » | Save to favorites »

1st Circ. Lets NH Emissions Program End During Appeal

By Ganesh Setty

The First Circuit allowed New Hampshire to continue the repeal of its motor vehicle emissions inspection and maintenance program after a federal district judge preliminarily blocked the state from doing so, finding the state will likely prevail on appeal.

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

Brief

Exxon, Widow End Suit Over Cancer Death Linked To Benzene

By Hayley Fowler

The widow of a former gas station and industrial worker on Friday dropped her suit alleging ExxonMobil Corp.'s benzene-containing products caused her late husband's fatal cancer, according to a joint motion.

1 document attached | Read full article » | Save to favorites »

Steel Firm Workers Get OK For $1.8M ESOP Deal, $600K Fee

By Melanie Dorsey

A Michigan federal judge has approved a $1.8 million class settlement resolving claims that trustees of a steel company employee stock ownership plan overpaid for company stock, finding the deal "fair, reasonable and adequate" and in the best interest of plan participants. 

1 document attached | Read full article » | Save to favorites »

Sioux Tribes Fight Black Hills Mining Plan Over Sacred Land

By Crystal Owens

Nine Sioux Nations are asking a South Dakota federal court to block the approval of exploratory drilling in the Black Hills National Forest, saying the federal government didn't consider the potential effects the project will have on a sacred Indigenous worship site that contains hundreds of cultural properties.

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

How Data Center Accounting May Draw Enforcement Scrutiny

As public and media scrutiny of the data center industry intensifies, regulators, enforcement authorities and Congress will likely focus on accounting judgments that rely on aggressive assumptions, opaque financing structures or rapidly evolving collateral classes, heightening the risk of investigations and inquiries, say attorneys at King & Spalding.

Read full article » | Save to favorites »

NY's Growing Enviro Reg Framework Will Transform Projects

Three closely connected environmental rulemakings in New York state — concerning greenhouse gas reporting, remediation standards and amendments to the State Environmental Quality Review Act — have reached critical stages, and taken together, they will have major impacts on business operations, construction project timelines and transactional risk, say attorneys at Holland & Knight.

Read full article » | Save to favorites »

Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

By Dorothy Atkins

The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.

Read full article » | Save to favorites »

Whistleblower Says DOJ Rushed SPLC Indictment

By Courtney Bublé

A whistleblower has come forward to say a top U.S. Department of Justice official ordered prosecutors in Alabama to "rush" the indictment of the Southern Poverty Law Center despite concerns about the viability of the case, according to Democrats on the House Judiciary Committee.

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

California High Court Rejects Dunn's Bid To Nix Suspension

By Adrian Cruz

The California Supreme Court has declined to review a California State Bar decision to impose a one-year stayed suspension on former State Bar executive Joseph Dunn.

Read full article » | Save to favorites »

FTC, DOJ Say ABA Reliance Limits Law School Competition

By Matthew Perlman

The Federal Trade Commission and the U.S. Department of Justice Antitrust Division told the Tennessee Supreme Court the American Bar Association's monopoly over law school accreditations is driving up the cost of legal education.

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

Analysis

SEC's Corp. Governance Shift Puts Onus On States, Cos.

By Sarah Jarvis

Lawyers who work with clients on corporate governance matters had a warm response to a recent pledge from U.S. Securities and Exchange Commission Chairman Paul Atkins to let states handle such issues, saying the shift marks a return to the agency's historical approach and may spur increased activity among state regulators.

Read full article » | Save to favorites »

Ex-Bondi Adviser Tapped As Fraud Task Force's Chief Lawyer

By Phillip Bantz

Ousted U.S. Attorney General Pam Bondi's former adviser is taking on a new role as general counsel for the White House's fraud task force.

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A pair of proxy advisory firms have sued two state attorneys general over laws they say impose burdensome requirements for issuing recommendations that go against corporate managers' wishes. Meanwhile, KPMG reports that legal is evolving into a key driver of business performance, and AI is a core component of the department. These are some of the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

Roundup

The Top In-House Hires Of April

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Intel, Colgate and Tripadvisor. Here, Law360 Pulse looks at some of the top in-house announcements from April.

Read full article » | Save to favorites »

Roundup

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

By Laura Stewart Liberty

The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

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.

Read full article » | Save to favorites »