Yum Brands said Tuesday it has agreed to sell Pizza Hut in two transactions valued at about $2.7 billion in total, with private equity firm LongRange Capital acquiring the business outside mainland China and Yum China Holdings buying the China operations.
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WEDNESDAY, JUNE 17, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

4 Firms Advise On Yum Deal To Sell Pizza Hut For $2.7B

By Al Barbarino

Yum Brands said Tuesday it has agreed to sell Pizza Hut in two transactions valued at about $2.7 billion in total, with private equity firm LongRange Capital acquiring the business outside mainland China and Yum China Holdings buying the China operations.

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4th Circ. Turns Down Bacardi Challenge To Rum TM Renewal

By Adam Lidgett

The Fourth Circuit on Tuesday rejected Bacardi's challenge to the U.S. Patent and Trademark Office's renewal of a Cuban company's expired trademark registration for Havana Club rum, finding a retroactive approval to pay the registration fee to be valid.

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Del Monte Sets Up For Tariff Refund Windfall, Suit Says

By Jack McLoone

Canned fruits and vegetables giant Del Monte Foods Inc. stands to make a "windfall" through refunds of President Donald Trump's now-invalidated global tariff regime, according to a proposed class action filed in New York federal court seeking refunds for customers.

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EU Parliament Approves Trade Deal With US

By Dylan Moroses

European Union lawmakers voted Tuesday to approve legislation implementing the bloc's safeguard-bolstered trade deal with the U.S. founded on a series of tariff cuts, moving one step closer to implementation that is expected before the end of the month.

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Restaurants Accused Of Flouting Credit Card Privacy Rule

By Julie Manganis

The operator of a group of upscale restaurants, including Abe & Louie's in Boston, violated a federal law by leaving 10 digits of customer credit card numbers visible on receipts, a proposed class action filed in Massachusetts state court alleges.

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LITIGATION

Ex-Wine Exec Says Privilege Covers Atty Emails With Spouse

By Aaron Keller

The former president of a company connected to the Josh Cellars wine brand says his attorney's messages to his wife are privileged because she participated in the communications as his "agent," a characterization the company appeared poised to dispute as the parties approach a $4 million trademark royalties trial.

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'Peanuts' Copyright Gag In Colbert Finale Ends In Donation

By Lauren Berg

The steward of the "Peanuts" television and film music catalog announced Tuesday it will donate the proceeds of a licensing agreement with CBS after Stephen Colbert's band "illegally" played the "Linus and Lucy" tune as a gag in the final broadcast of "The Late Show."

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NJ Launches Push To Crack Down On Consumer 'Junk Fees'

By Jon Hill

New Jersey officials are declaring war on "junk fees" in the state with tighter regulation and enforcement, the latest state-level move to step up consumer protection efforts amid the Trump administration's pullback at agencies like the Consumer Financial Protection Bureau.

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EXPERT ANALYSIS

AG Watch: Oregon's Strategic Civil Enforcement Approach

Oregon Attorney General Dan Rayfield’s recent antitrust litigation activity and proposed staffing increase are the latest in a series of structural and policy changes that signal that the state Department of Justice is taking a more aggressive approach to civil enforcement, says Keturah Taylor at Cozen O'Connor.

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The Paradoxical Duty To Adopt AI When You Can't Bill For It

Both billing for hours saved using artificial intelligence and preserving billable time by not adopting AI may violate rules of professional conduct, but until bar associations' ethics rules catch up to this emerging economic dilemma, firms must decide how to adjust fee structures themselves, says Ines Lassalle at Peyrot & Associates.

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LEGAL INDUSTRY

These Firms Secured The Most Damages In The Last 3 Years

By Daniel Moritz-Rabson

Government lawyers had a strong success rate in federal courts over the last three years, but intellectual property litigation saw certain firms secure damage awards worth hundreds of millions of dollars for clients, according to Lex Machina's Law Firms Activity Report 2026 released on Tuesday.

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Ex-Girardi Atty Hid Firm's Diversion Of Funds, State Bar Says

By Bonnie Eslinger

A State Bar of California prosecutor argued Tuesday at a disciplinary trial that ex-Girardi Keese attorney Robert Finnerty hid the firm's misappropriation of millions of dollars from a family's $53 million settlement, while Finnerty's counsel countered he's being blamed for the actions of his former boss, convicted and disbarred attorney Tom Girardi.

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SCOTUSblog Founder Goldstein Denied Acquittal Or Retrial

By Alison Knezevich

A Maryland federal judge on Tuesday denied SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, rejecting his claims that issues with jury instructions and excluded evidence warranted a do-over in his tax evasion and mortgage fraud case.

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Ex-Judge Loses Bid To Undo ICE Obstruction Conviction

By Britain Eakin

Former Wisconsin state judge Hannah Dugan has failed in her attempt to use a Fourth Circuit decision to vacate her conviction for helping a defendant in her courtroom evade immigration agents, with a federal judge ruling Tuesday the decision involves fact patterns that differ from her case.

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Senate Rejects Bid To Block Fast-Track Immigration Appeals

By Courtney Bublé

A Democratic-led Senate resolution that would have blocked a U.S. Department of Justice rule directing its Board of Immigration Appeals to quickly dismiss cases that don't raise "novel" issues failed to pass Tuesday.

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Blanche To Go Before Senate Panel July 15

By Courtney Bublé

Acting U.S. Attorney General Todd Blanche's nomination hearing is a month away, and the fate of his confirmation is likely in the hands of Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas.

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Oral Arguments In Comey, James Appeal Set For September

By Aneeta Mathur-Ashton

The Fourth Circuit has scheduled in-person oral arguments for the Trump administration's appeal of the dismissals of indictments against former FBI Director James Comey and New York Attorney General Letitia James for Sept. 15-18.

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Brazil Says Justice Is Immune From Trump Media's Suit

By Carolina Bolado

Brazil asked Monday to intervene and dismiss a suit by President Donald Trump's media company and online video-sharing platform Rumble Inc. against a Brazilian Supreme Federal Court justice's gag orders, saying the suit cannot overcome immunity under the Foreign Sovereign Immunities Act.

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COMPANIES IN TODAY'S NEWS

Albertsons Cos. Inc.

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Bacardi Ltd.

Costco Wholesale Corp.

Del Monte Foods Inc.

Eli Lilly & Co.

FedEx Corp.

Ford Motor Co.

Fresh Del Monte Produce Inc.

Heritage Auctions Inc.

Hewlett Packard Enterprise Co.

Juniper Networks Inc.

Lex Machina Inc.

LexisNexis Legal & Professional

Meta Platforms Inc.

New York State Bar Association

Nexstar Media Group Inc.

Nike Inc.

Nintendo Co. Ltd.

PG&E Corp.

Pizza Hut Inc.

RELX PLC

State Bar of California

Tegna Inc.

Temu

The Florida Bar

The Kroger Co.

Twitter Inc.

Yum Brands Inc.

Yum China Holdings Inc.

LAW FIRMS IN TODAY'S NEWS

Abir Cohen

ArentFox Schiff

Baughman Kroup

Berger Montague

Boies Schiller

Bondurant Mixson

Bursor & Fisher

Butler Prather

Carmichael Ellis

Clement & Murphy

Cooley LLP

Covington & Burling

Cowan Liebowitz

Cozen O'Connor

DLA Piper

Debevoise & Plimpton

Foley Hoag

Gibson Dunn

Gillam Smith

Gimbel Reilly

Girardi & Keese

Gordon Rees

Gupta Wessler

Holland & Knight

Irell & Manella

Jones Day

Kelley Drye

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Levine Lee

Lowell & Associates

M.D. Gibson & Bolen

Mandelbaum Barrett

Mayer Brown

Munger Tolles

Niemeyer Grebel

Ogletree Deakins

Page Scrantom

Parness Law Firm

Paul Weiss

Peyrot & Associates

Reed Smith

Reitler Kailas

Robinson & Cole

Rosing Pott

Sidley Austin

Skadden Arps

Strang Bradley

Troutman

Weil Gotshal

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

Consumer Financial Protection Bureau

Council of the EU

European Commission

European Parliament

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Trade Commission

Internal Revenue Service

New York Attorney General's Office

New York Supreme Court, New York County

Office of Foreign Assets Control

Oregon Attorney General's Office

Oregon Department of Justice

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Court of Appeals for the Fourth Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

U.S. Department of the Interior

U.S. District Court for the District of Columbia

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 District of Oregon

U.S. District Court for the District of South Carolina

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

U.S. District Court for the Eastern District of New York

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

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 Southern District of New York

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin