Analysis

Justices Signal Openness To Future SEC Disgorgement Cases

By Jessica Corso

The U.S. Securities and Exchange Commission's victory before the U.S. Supreme Court Thursday is likely to give the agency a leg up in settlement negotiations, but attorneys say that some defendants will continue to press judges to review the agency's disgorgement requests based on questions that the high court still hasn't answered.

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Crypto Parent Calls Genesis Suit Improper Forum Shopping

By Jarek Rutz

Digital Currency Group Inc. has asked a federal court to pull a Delaware Court of Chancery lawsuit brought by bankrupt crypto lender Genesis Global into the New York bankruptcy proceedings that have overseen the companies' dispute for more than two years, arguing that the case overlaps with claims already being litigated there.

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Ex-CFO Faces $35M Restitution With No Crypto Offset

By Aislinn Keely

A Washington federal judge has ordered Fabric Inc.'s former chief financial officer to pay $35 million in restitution after he embezzled the sum from the software firm to invest in crypto tokens that later collapsed, rejecting his arguments that he shouldn't be on the hook for losses that occurred after he gave the tokens to the firm.

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FinCEN, CFPB Flag Immigration-Linked Risks In Banking Push

By Jon Hill and Ganesh Setty

Federal regulators on Friday pressed banks to apply greater immigration-related customer scrutiny, issuing guidance that urges closer monitoring to flag employment of unauthorized workers and cautions immigration status may need to factor into some lending decisions.

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Klarna Says 'Buy Now, Pay Later' Users Agreed To Arbitration

By Celeste Bott

Klarna is fighting to send to arbitration a proposed class action that alleges its "buy now, pay later" service targets financially vulnerable people without screening out unaffordable lending, saying the lead plaintiffs have agreed multiple times to arbitrate disputes over Klarna's products and services.

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Banks Should Reassess Warehouse Lines Amid Credit Stress

Growing stress in private credit markets means banks with warehouse lines to nonbank lenders should inventory exposures, revisit covenants and prepare for tougher regulator scrutiny, as repayment strains and weakening fund liquidity could turn seemingly indirect risks into material compliance concerns, say attorneys at Barack Ferrazzano.

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How End Of SEC 'Gag Rule' Affects Free Speech Certiorari Bid

The Securities and Exchange Commission's recent rescission of the so-called gag rule, which forbade defendants in settlements from denying the SEC’s allegations, may sway the outcome of a petition to the Supreme Court in a case challenging the rule on First Amendment grounds, say attorneys at Troutman.

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Series

The Biz Court Digest: Shoring Up Corporate Law In Maryland

Launched more than 20 years ago to improve complex corporate adjudication, Maryland's Business and Technology Case Management Program has been a solid success in some areas, but there always is room for improvement, says Bill Krulak at Miles & Stockbridge.

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Legal Job Market Surges With Special Litigation, Gov't Work

By Tracey Read

The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Law360's Legal Lions Of The Week

By Kevin Penton

Winston Taylor leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ended a patent suit over Hikma Pharmaceuticals USA Inc.'s generic version of a heart drug that uses a so-called skinny label.

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​​​​​​​Judge Seeks Discipline For DOJ Trans Care Subpoena Tactics

By Mark Payne

A Rhode Island federal judge on Friday referred Justice Department attorneys seeking gender-affirming care records from Rhode Island Hospital via a HIPAA subpoena to a court disciplinary committee for potential punishment after they allegedly misled the court. 

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Katten Is Latest Firm To Match Milbank Associate Pay Raise

By Kevin Penton

Katten Muchin Rosenman LLP has joined the growing list of firms that are largely matching a new pay scale for associates set earlier this week by Milbank LLP, with attorneys set to see annual pay increases of $10,000 to $20,000.

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Morgan & Morgan Explores Private Equity Investment Options

By Emma Cueto

The nation's largest personal injury firm, Morgan & Morgan, is exploring its options with regard to a potential private equity investment, with the firm saying Friday it is in the early stages of understanding what such an investment might mean and whether it is a good opportunity or "fool's gold."

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Bonus Spotlight

Dunn Isaacson Announces Bonuses Of Up To $25K

By Daniel Moritz-Rabson

Litigation boutique Dunn Isaacson Rhee LLP is the latest firm to announce midyear associate bonuses and is distributing payouts of between $10,000 and $25,000, according to an internal memo viewed by Law360.

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Leon Black Seeks $1.6M In Fees After Wigdor Sanction

By Ryan Boysen

Scandal-plagued financier Leon Black wants Wigdor LLP to pay $1.6 million as a sanction for lying to a New York federal judge while representing a woman who claims she was raped by Black at notorious accused sex trafficker Jeffrey Epstein's home.

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Analysis

Will WDTX Remain A Patent Fixture Without Albright?

By Dani Kass

Whether the Western District of Texas will continue drawing in hordes of patent cases after U.S. District Judge Alan Albright leaves this summer has attorneys torn, given that he's no longer the top patent judge in his district, let alone the country.

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Berkeley Dean Views 1952 Opinion As Executive Power Test

By Aaron Keller

Erwin Chemerinsky, dean of the University of California, Berkeley School of Law, has urged the courts to examine a lesser-known concurring opinion in a 1952 U.S. Supreme Court decision on a steel mill case when judging the modern limits of presidential power.

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First Democrat Returns A Blue Slip For Judicial Nominee

By Courtney Bublé

Sen. John Fetterman, D-Pa., is the first Democratic senator in the second Trump administration to return a blue slip for a judicial nominee.

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DLA Piper Urges 2nd Circ. To End 'Vexatious' Malpractice Suit

By Emily Sawicki

The Second Circuit should uphold the dismissal of a Chinese software company's legal malpractice suit and $635,000 in sanctions against it and its lawyers, DLA Piper has argued, citing previous favorable rulings in the matter by a federal magistrate judge, district court judge, state justice and five-judge panel of the New York state appeals court.

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ICE Atty's Bid To Ax Contempt Order Is 'Absurd,' Amicus Says

By Emily Sawicki

A court-appointed amicus curae has told the Eighth Circuit that a Minnesota federal judge was right to hold a government attorney in contempt after finding that U.S. Immigration and Customs Enforcement flouted a court order, leading to a detained man being released hundreds of miles from his home without legal identification.

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GrayRobinson Data Breach Suits Get Consolidated

By Adrian Cruz

A Florida magistrate judge has decided to consolidate three nearly identical suits accusing GrayRobinson PA of negligence following the revelation of a March 2025 data breach, simultaneously denying the plaintiffs' bid to have interim class counsel appointed.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Among the stories in corporate legal news you may have missed in the past week, investor advocates have questioned the legality of the SEC's plan to withdraw corporate climate disclosure regulations, and an insurance broker's report found claims made under policies for mergers and acquisitions have risen in frequency and severity.

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Roundup

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

By Megan Norcott

The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner file a claim against his wife, and 37 leading insurers bring a lawsuit against agrichemical company Syngenta over an insurance dispute. Here, Law360 looks at these and other new claims in the U.K.

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Titan Of The Plaintiffs Bar: Morgan & Morgan's John Yanchunis

By Matt Perez

John Yanchunis of Morgan & Morgan PA has been at the forefront of data privacy litigation for nearly three decades, but what stands out to his colleague Ryan McGee is not the litany of wins but the attorney's humility.

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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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