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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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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Wash. Tribes Beat Big Oil's Bid To Dismiss Climate Suits

By Ben Adlin

A Washington state judge refused on Wednesday to dismiss two Native American tribes' lawsuits accusing ExxonMobil, Chevron and other major oil companies of concealing climate change risks related to fossil fuels, rejecting the companies' arguments that federal law blocks the tribes' claims.

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FirstEnergy Investor Class Recertified After 6th Circ. Remand

By Jessica Corso

An Ohio federal judge on Thursday recertified a class of FirstEnergy Corp. investors suing over the company's $1 billion bribery scandal, standing by his earlier ruling that plaintiffs adequately alleged misrepresentations following a Sixth Circuit remand of the case. 

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Ex-Shareholders, Reed Smith Seek End To Eletson Suit

By Rick Archer

Former shareholders of Eletson Holdings on Thursday joined with their ex-Eletson counsel at Reed Smith to ask a New York bankruptcy judge to dismiss a suit claiming they had schemed to seize control of Eletson assets in defiance of the company's Chapter 11 plan.

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Bitcoin Miner MARA Inks $1.5B Deal To Expand Power Assets

By Al Barbarino

Bitcoin miner MARA Holdings Inc. said Thursday it has agreed to buy FTAI Infrastructure Inc.'s Long Ridge Energy & Power unit for $1.5 billion, including assumed debt, in a deal steered by three law firms.

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POLICY & REGULATION

EU-South American Provisional Trade Deal Takes Effect Friday

By Dylan Moroses

The European Union's interim trade agreement with four countries in the South American regional bloc known as Mercosur will begin to apply on a provisional basis Friday, according to news releases issued by the European Commission and members of European Parliament on Thursday.

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OIL AND GAS

Sunoco Pipeline Suit Belongs In Federal Court, 3rd Circ. Told

By Matthew Santoni

The inclusion of a Pennsylvania-based Energy Transfer LP subsidiary in a state agency's administrative order over a pipeline spill should not be enough to give a state court jurisdiction over local residents' lawsuit stemming from the same spill, Sunoco and Energy Transfer's lawyers told a Third Circuit panel Thursday.

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Brief

Insurer Drops Oil Refinery Fire Coverage Row After Deals

By Danielle Ferguson

An excess insurer has agreed to drop a Texas federal case seeking to avoid defending a petrochemical contractor from property damage and bodily injury lawsuits stemming from a pipeline explosion in Arkansas, as the underlying disputes were resolved.

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UTILITIES AND POWER

Generac Beats Investor Suit Over COVID-Era Sales

By Katryna Perera

A Wisconsin federal judge on Thursday dismissed, with prejudice, a proposed securities class action accusing home generator company Generac Holdings Inc. and its top brass of failing to keep up with a surge in business during the COVID-19 pandemic, finding the investors failed to cure deficiencies in their prior complaint.

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Ga. Power Says Ford, Union Carbide Must Stay In Cancer Suit

By Chart Riggall

Georgia Power urged a state appellate court Thursday to reverse a trial court's order letting Ford and Union Carbide out of a construction worker's cancer claims, arguing that under the state's 2025 tort reform law, their dismissal would unjustly leave the utility company to face the suit alone.

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RENEWABLES

Energy Co. Brass Accused Of $58M 'Pump And Dump'

By Jarek Rutz

A stockholder has sued Enphase Energy Inc.'s top officers and directors in the Delaware Chancery Court, accusing them of misleading investors about weakening demand for the solar technology company's products while insiders allegedly sold more than $58.8 million in stock and the company spent nearly $907 million on allegedly inflated share repurchases.

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Judge Spares Offshore Wind Farm In Resident Noise Suit

By Nate Beck

A New Jersey federal judge dismissed a challenge from a group of residents to an offshore wind development, finding state laws regulating construction noise and operation don't apply to the work authorized by Congress.

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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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NUCLEAR

Mosaic's Radioactive Road Case Not Moot, Enviro Group Says

By Carolina Bolado

The Center for Biological Diversity told the Eleventh Circuit on Thursday that there are still remedies to pursue if the appeals court revives its challenge to the U.S. Environmental Protection Agency's approval of a road that contains radioactive phosphogypsum that has already been completed.

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MINING

Critical Mineral Restrictions Up 500% From 2009, OECD Says

By Jack McLoone

Global export restrictions on critical raw materials that are key for digital and renewable energy technologies increased fivefold between 2009 and 2024, which could lead to greater risks of supply chain vulnerabilities, the Organization for Economic Cooperation and Development said.

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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

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. 

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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Promo that reads Law360 Pulse 2026 AI Survey

COMPANIES IN TODAY'S NEWS

AXA SA

Agiloft Inc.

American Airlines Group Inc.

American Bar Association

American Veterinary Medical Association

Anthropic PBC

Apache Inc.

Apache Industrial

Apollo Global Management LLC

Armistice Capital LLC

BP PLC

Banco Santander SA

Bank of Scotland PLC

Barclays PLC

British Broadcasting Corp.

Brown & Brown Inc.

Burford Capital LLC

Center for Biological Diversity Inc.

Chevron Corp.

Coinbase Global Inc.

Colgate-Palmolive Co.

Computer & Communications Industry Association

Concord Music Group Inc.

ConocoPhillips

Coupang, Inc.

Cox Communications Inc.

Deloitte Touche Tohmatsu Ltd.

Deutsche Bank AG

DocuSign Inc.

Energy Transfer LP

Enphase Energy Inc.

Eton Park Capital Management LP

Exxon Mobil Corp.

FanDuel Inc.

FirstEnergy Corp.

Ford Motor Co.

Fortress Investment Group LLC

Fox News Network LLC

GE Vernova Inc.

Generac Holdings Inc.

Georgia Power Co.

Glass Lewis & Co. LLC

Guidepost Solutions LLC

HSBC Holdings PLC

Hasbro Inc.

Herzog

Howmet Aerospace Inc.

Huntington Ingalls Industries Inc.

Instagram Inc.

Institutional Shareholder Services Inc.

Intel Corp.

International Business Machines Corp.

JPMorgan Chase & Co.

KBR Inc.

KPMG International

Kenvue Inc.

Kimberly-Clark Corp.

Lehman Brothers Holdings Inc.

LinkedIn Corp.

Long Ridge Energy

M&T Bank Corp.

Makah Tribe

Marriott International Inc.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Microsoft Corp.

Monsanto Co.

Mosaic

Nasdaq Inc.

National Westminster Bank PLC

Nimble Storage Inc.

Northrop Grumman Corp.

OpenAI OpCo LLC

Organization for Economic Cooperation and Development

Organon & Co.

Paypal Holdings Inc.

Phillips 66

PricewaterhouseCoopers LLP

Public Co. Accounting Oversight Board

Repsol SA

Royal Caribbean Cruises Ltd.

STADA Arzneimittel AG

Salesforce.com Inc.

Santander Holdings USA Inc.

Shell PLC

Singapore Exchange Ltd.

Slack Technologies Inc.

Smith & Wesson Brands Inc.

Sony Music Entertainment Inc.

Southern Poverty Law Center Inc.

State Bar of California

Sun Pharmaceutical Industries Ltd.

TUI AG

Takeda Pharmaceutical Co. Ltd.

Tesla Inc.

The Whitlock Co.

TripAdvisor Inc.

University of Miami

Vaxart Inc.

Webster Financial Corp.

Wells Fargo & Co.

YPF SA

YouTube Inc.

Zoom Communications Inc.

LAW FIRMS IN TODAY'S NEWS

AZB & Partners

Addleshaw Goddard

Akin Gump

Andrews & Springer

Arnold & Porter

Ashfords LLP

Baker McKenzie

Bartlett LLP

Bass Berry

Berger Montague

Blank Rome

Bradley Arant

Byrnes Keller

Carlton Fields

Clement & Murphy

Conti Fenn

Corr Cronin

Cozen O'Connor

Crowell & Moring

DAC Beachcroft

Debevoise & Plimpton

Dechert LLP

Drummond Woodsum

Faegre Drinker

Farnan LLP

Farrar & Ball

Fieldfisher

Fladgate LLP

Geragos & Geragos

Gibson Dunn

Girardi & Keese

Goulston & Storrs

HSF Kramer

Hickman & Rose

Hogan Lovells

Holland & Knight

Hueston Hennigan

Johnson Fistel

Jones Day

K&L Gates

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Klausner Kaufman

Lash Goldberg

Latham & Watkins

Lewis Silkin

Lewis Thomason

Linklaters LLP

Martin Disiere

Martin LLP

Mathys & Squire

Mayer Brown

Meagher & Geer

MoloLamken

Morgan Lewis

Morvillo Abramowitz

Munger Tolles

Murray Murphy

Nelson Mullins

Niemeyer Grebel

Norton Rose

Orrick Herrington

Paul Weiss

Pinsent Masons

Proskauer Rose

Quinn Emanuel

Reed Smith

Riker Danzig

Robbins Geller

Rolnick Kramer

Sher Edling

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Slater and Gordon

Slaughter and May

Stephens Scown

Stillman & Friedman

Stoel Rives

Sullivan & Cromwell

Summit Law Group

Toberoff & Associates

Troutman

Vander Stoep

Wachtell Lipton

Wedlake Bell

Wheeler Trigg

White & Case

Wick Phillips

Wigdor LLP

Willkie Farr

WilmerHale

Wilsons Solicitors

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Supreme Court

Delaware Court of Chancery

European Commission

European Parliament

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Energy Regulatory Commission

Federal Reserve System

Federal Trade Commission

Florida Department of Transportation

Georgia Court of Appeals

Georgia Supreme Court

Indiana Attorney General's Office

Kansas Attorney General's Office

National Aeronautics and Space Administration

Ohio House of Representatives

U.S. Attorney's Office for the Middle District of Alabama

U.S. Attorney's Office for the Northern District of Ohio

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

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. Department of the Interior

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Maryland

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

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

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

U.S. District Court for the Middle District of Alabama

U.S. District Court for the Middle District of Florida

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 Western District of Texas

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States District Court for the Eastern District of Wisconsin

United States District Court for the Southern District of Ohio