Private equity-backed sandwich chain Jersey Mike's hit the public markets Thursday after raising $1 billion in its initial public offering steered by Simpson Thacher & Bartlett LLP and Davis Polk & Wardwell LLP.
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TOP NEWS

PE-Backed Jersey Mike's Makes Public Debut After $1B IPO

By Jade Martinez-Pogue

Private equity-backed sandwich chain Jersey Mike's hit the public markets Thursday after raising $1 billion in its initial public offering steered by Simpson Thacher & Bartlett LLP and Davis Polk & Wardwell LLP.

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2nd Circ. Revives Decongestant 'Maximum Strength' Claims

By Mike Curley

The Second Circuit on Thursday revived claims in multidistrict litigation alleging makers of oral decongestants misled consumers by labeling their products as "maximum strength," while finding the bulk of the remaining claims were preempted by federal regulation.

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Impossible Foods Gets New TM Trial On Punitive Damages

By Elliot Weld

A California federal judge has ordered a new trial on punitive damages against Impossible Foods in a case over the "Impossible" trademark, ruling that the $1.75 million in punitive damages a jury awarded lifestyle brand Impossible X was against the clear weight of trial evidence.

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Ill. Atty Sanctioned For AI Slop In Starbucks Bias Suit

By Adrian Cruz

A unanimous Illinois appeals court sanctioned an attorney representing a former Starbucks employee in a workplace discrimination suit after determining that he submitted briefs using false citations and quotations hallucinated by artificial intelligence software.

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USDA Sued By Nonprofits Over Anti-DEI Grant Conditions

By Ben Adlin

Five food nonprofits sued the U.S. Department of Agriculture on Thursday over allegedly unlawful restrictions on grant funding meant to target what the Trump administration has called "radical left ideology," including on issues around diversity, gender identity and immigration.

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LITIGATION

Albertsons Can't Nix 14 Years Of Opioid Claims At Wash. Trial

By Ben Adlin

Albertsons and Safeway can't dodge 14 years' worth of claims in Washington state's lawsuit accusing the grocery stores' pharmacies of irresponsibly dispensing prescription opioids and fueling the state's overdose crisis, according to a Seattle judge's ruling Wednesday striking the companies' statute-of-limitations defense.

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$18.7M Deal In Turkey Price-Fixing Suit Gets Initial OK

By Celeste Bott

An Illinois federal judge on Thursday granted preliminary approval to an $18.7 million settlement resolving certain buyers' claims against House of Raeford Farms Inc. and Prestage Farms, the latest deal in sprawling antitrust litigation accusing poultry producers of conspiring to fix turkey prices.

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Chubb Seeks Toss Of Costco's Customer Injury Coverage Row

By Hope Patti

A Chubb unit urged a Washington federal court to toss Costco's suit seeking coverage for a personal injury action under a home décor brand's policy, saying the retailer failed to state a claim for additional insured coverage because the underlying injuries are not related to the brand's products.

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Minn. Sued Over Dairy Expansion Environmental Review

By Elaine Briseño

Advocacy groups in Minnesota are suing the state over its decision not to provide a government document that outlines the potential environmental effects of the proposed West River Dairy expansion, arguing significant impacts to air and water quality were ignored.

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DEALS

Deals Rumor Mill

Curium, Sazerac And Stripe Pursue Megadeals, And More

By Al Barbarino

Reports of potential multibillion-dollar deals were plentiful this week, with U.S. alcohol producer Sazerac steadfast in its $15 billion pursuit of the maker of Jack Daniel's; Curium reportedly in advanced talks to acquire fellow radiopharmaceutical firm Lantheus Holdings Inc. for up to $8 billion; and Nvidia, Stripe and Devon Energy all linked to sizable strategic bets of their own.

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EXPERT ANALYSIS

11th Circ. Opioid Appeal May Shift Public Nuisance Coverage

The Eleventh Circuit's recent ruling certifying to the Florida and Georgia Supreme Courts the question of whether insurers must provide coverage against suits claiming policyholders improperly distributed opioids may ultimately result in a counterbalance to the Delaware line of cases denying coverage for government opioid suits, say attorneys at Pillsbury.

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Series

Teaching SEC Investigations Makes Me A Better Lawyer

Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.

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LEGAL INDUSTRY

Law360 Names 2026's Top Attorneys Under 40

Law360 is pleased to announce the Rising Stars of 2026, our list of more than 160 attorneys under 40 whose legal accomplishments belie their age.

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How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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Law360's Legal Lions Of The Week

By Andrea Keckley

Two Texas personal injury firms lead this week's edition of Law360 Legal Lions for their work securing a $604 million verdict against a freight broker and logistics company for their roles in a deadly 2021 highway collision.

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Goldstein Launches Appeal Of Tax, Mortgage Fraud Case

By Jared Foretek

Imprisoned SCOTUSblog founder Thomas Goldstein is formally launching a Fourth Circuit appeal challenging his 12 convictions for tax and mortgage fraud, as well as his six-year prison sentence and the $3.1 million restitution judgment against him, according to a new filing from his attorneys.

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Judges Rip DHS GC's 'Worst' Posts As Intimidation Campaign

By Jake Maher

Sitting federal judges on Friday blasted the general counsel of the U.S. Department of Homeland Security for "painting a target" on judges' backs in a recent series of social media posts attacking judges who ruled against the Trump administration in immigration cases and called on him to take them down.

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NY Public Defense Org. Denies Union's ULP Claims

By Andrea Keckley

The Neighborhood Defender Services of Harlem's leadership on Friday denied allegations from the union representing its more than 100 employees that it has offered unlawful incentives to break its ongoing strike.

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

By Laura Stewart Liberty

The past week in London has seen George Michael's estate bring an intellectual property claim against the late star's friend over footage shared online, collapsed law firm Axiom Ince sue the U.K. branch of State Bank of India and Ryanair face a group claim from 262 people. Here, Law360 looks at these and other new claims in the U.K.

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Hub Hires: Pierson Ferdinand, Biogen, FisherBroyles

By Chris Villani

While not as sizzling as the temperatures or the Red Sox, the Boston legal market remained hot through the month of July, with Hogan Lovells Cadwalader adding a mergers and acquisitions partner, Pierson Ferdinand snagging a veteran litigator and Foley & Lardner hiring a finance attorney.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

There has been a wave of cases alleging employers and their insurance brokers violated the Employee Retirement Income Security Act, and experts say this marks an increasing litigation trend. In the meantime, the American Bar Association is eyeing the elimination of the first of multiple diversity-related law school standards. These are among the stories in corporate legal news you may have missed in the past week.

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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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COMPANIES IN TODAY'S NEWS

AT&T Inc.

AXA SA

Abu Dhabi Investment Authority

Accelerant

Advanced Micro Devices Inc.

Affinity

Agri Stats Inc.

Airbnb Inc.

Albertsons Cos. Inc.

Alexander Dennis Ltd.

Amazon.com Inc.

American Bar Association

Anda Inc.

Anthropic PBC

Apollo Global Management LLC

Bayer AG

Biogen Inc.

Blickstein Group

Boston Scientific Corp.

Brown-Forman Corp.

C.H. Robinson Worldwide Inc.

CBIZ Inc.

CVS Health Corp.

CapitalG Management Co. LLC

Consolidated Edison Inc.

Costco Wholesale Corp.

Coterra Energy Inc.

Devon Energy Corp.

Diligent Corp.

Earthjustice

Electronic Arts Inc.

Food & Water Watch

Ford Motor Co.

Foster Farms

Grant Thornton LLP

HSBC Holdings PLC

Haleon PLC

House of Raeford Farms Inc.

Impossible Foods Inc.

Investments Ltd.

Jack Daniel's Properties Inc.

Jennie-O Turkey Store LLC

Jersey Mike's Subs

Johnson & Johnson

Koch Inc.

Lantheus Holdings Inc.

LinkedIn Corp.

Macy's Inc.

Menlo Ventures

NVIDIA Corp.

National Westminster Bank PLC

New Mountain Capital LLC

New York University

Newmark Group Inc.

Norfolk Southern Corp.

Northeastern University

OpenAI OpCo LLC

Prestage Farms Inc.

Public Citizen Inc.

Publix Super Markets Inc.

RA Capital Management

Renaissance Capital

Rite Aid Corp.

Ryanair Holdings PLC

Safeway Inc.

Sazerac Co. Inc.

Solicitors Regulation Authority Ltd.

Starbucks Corp.

State Bank of India

Target Corp.

The Bronx Defenders

The District of Columbia Bar

The Goldman Sachs Group Inc.

The Kroger Co.

The Procter & Gamble Co.

The Travelers Cos. Inc.

Third Sector New England Inc.

Twitter Inc.

University of Miami

Walmart Inc.

Wells Fargo & Co.

Yale University

eBay Inc.

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Ahmad Zavitsanos

Akin Gump

Alston & Bird

Arnold & Itkin

Arnold & Porter

Ashcraft & Gerel

Ashurst Perkins

Athlaw LLP

Baker & Hostetler

Baker McKenzie

Baron & Budd

Benesch

Bernstein Litowitz

Beveridge & Diamond

Bird & Bird

Blank Rome

Bleichmar Fonti

Bloch & White

Bona Law PC

Bradley Grombacher

BraunHagey & Borden

Bray & Krais

Breit Biniazan

Brown Rudnick

Buchalter LLP

Burges Salmon

Burns Charest

CMS Cameron McKenna

Cahill Gordon

Carella Byrne

Clarkslegal LLP

Clausen Miller

Cleary Gottlieb

Clifford Chance

Clyde & Co

Cohen & Gresser

Cohen Milstein

Cole Sadkin

Cooley LLP

Covington & Burling

Cozen O'Connor

Crowell & Moring

DLA Piper

DWF LLP

David R. Chase PA

Davis Polk

Davis Wright Tremaine

Debevoise & Plimpton

Dechert LLP

Dentons

Devonshires Solicitors

DiCello Levitt

Diller Law

Dilworth Paxson

Duane Morris

Eckert Seamans

Eimer Stahl

Eversheds Sutherland

Faegre Drinker

Falkenberg Ives

Farnan LLP

FeganScott

Fenwick & West

Finkelstein & Partners

Finkelstein Blankinship

FisherBroyles

Foley & Lardner

Foley Hoag

Foot Anstey

Fox Rothschild

Freeths LLP

Freshfields

Gibson Dunn

Glancy Prongay

Goldman Ismail

Goodwin Procter

Greenberg Traurig

HSF Kramer

Hagens Berman

Hausfeld LLP

Hecker Fink

Herzfeld Suetholz

Hill Dickinson

Hogan Lovells

Holland & Knight

Holman Fenwick

Holwell Shuster

Hunton Andrews

JMW Solicitors LLP

Jenner & Block

Jones Day

Jordan Price Wall

Joseph Saveri Law Firm

K&L Gates

Keker Van Nest & Peters

Keller Rohrback

Kelley Drye

Kellogg Hansen

Kennedys Law LLP

King & Spalding

Kirkland & Ellis

Kuit Steinart

Labaton Keller

Lanier Law Firm

Latham & Watkins

Levin Papantonio

Lieff Cabraser

Lite DePalma

Lockridge Grindal

Lowell & Associates

Lowenstein Sandler

Lyons & Simmons

Manatt Phelps

Manning Fulton

Mayer Brown

McDermott Will & Schulte

McGuireWoods

McHugh Fuller

McKool Smith

MoloLamken

Moore & Van Allen

Morgan & Morgan PA

Morgan Lewis

Morris James

Morrison & Foerster

Munger Tolles

Nabarro LLP

Napoli Shkolnik

Norton Rose

O'Melveny & Myers

Ogden Murphy

Orrick Herrington

Paul Hastings

Paul Weiss

Pierson Ferdinand LLP

Pillsbury Winthrop

Podhurst Orseck

Powell & Majestro

Proskauer Rose

Quinn Emanuel

Rahman Ravelli

Reed Smith

Reichman Jorgensen

Robins Kaplan

Robinson Bradshaw

Ropes & Gray

Scalli Murphy Law

Seeger Weiss

Selendy Gay

Seyfarth Shaw

Shakespeare Martineau

Shegerian & Associates

Shook Hardy

Sidley Austin

Simmons Hanly

Simons Muirhead Burton

Simpson Thacher & Bartlett

Skadden Arps

Smith Currie

Spector Constant & Williams

Squire Patton

Stephenson Harwood

Steptoe LLP

Stokes Lawrence

Stris & Maher

Sullivan & Cromwell

Susman Godfrey

TorHoerman Law

Troutman

Trowers & Hamlins

Tyz Law Group

Vedder Price

Venable LLP

Vinson & Elkins

Wachtell Lipton

Weil Gotshal

White & Case

Wikborg Rein

Wiley Rein

Wilkinson Stekloff

Williams & Connolly

Willkie Farr

WilmerHale

Wilson Sonsini

Winston Taylor

ZwillGen

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Equal Employment Opportunity Commission

Food and Drug Administration

Illinois Attorney General's Office

Illinois Supreme Court

Minnesota Department of Natural Resources

Minnesota Pollution Control Agency

National Health Service

National Labor Relations Board

Serious Fraud Office

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Agriculture

U.S. Department of Education

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

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 Northern District of California

U.S. District Court for the Northern District of Illinois

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

U.S. District Court for the Western District of Texas

U.S. District Court for the Western District of Washington

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

Washington Attorney General's Office