President Donald Trump on Monday escalated his trade war against Canada, saying he would implement 50% tariffs on vehicles and steel from the country in January, after a 50% levy took effect over the weekend on other goods imported from Canada.
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TOP NEWS

Trump Threatens 50% Tariffs On Canadian Vehicles, Steel

By Jack McLoone

President Donald Trump on Monday escalated his trade war against Canada, saying he would implement 50% tariffs on vehicles and steel from the country in January, after a 50% levy took effect over the weekend on other goods imported from Canada.

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11th Circ. Affirms $9M Loss For Chinese Circuit Board Maker

By Carolina Bolado

The Eleventh Circuit has affirmed a $9.2 million judgment for the U.S. distributor of a Chinese circuit board manufacturer after finding that the manufacturer's lawsuit did not put the distributor's U.S. affiliate on notice it was being sued for its Hong Kong-based affiliate's unpaid invoices.

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Analysis

SEC Crypto Offering Plan Leaves States, Platforms Guessing

By Aislinn Keely

The U.S. Securities and Exchange Commission's long-awaited plan to boost cryptocurrency offerings would clear the way for crypto projects to raise capital from retail traders, but the proposal already faces major questions from how it permits secondary trading to the limits it puts on states.

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LITIGATION

Microsoft Says Consumer Must Arbitrate Tariff Refund Claims

By Rachel Riley

Microsoft urged a Washington federal judge Friday to force arbitration of an Xbox buyer's proposed class action alleging the company seeks to pocket tariff refunds meant for customers — or toss the case entirely — contending console prices change over time "for a variety of reasons having nothing to do with tariffs."

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ADMINISTRATIVE DISPUTES

US Cos. Protest Being Left Out Of Quartz Surface Tariff Probe

By Jack McLoone

The U.S. International Trade Commission wrongfully ignored wide domestic opposition to a safeguard investigation and ultimate establishment of tariffs on imports of quartz surface products, a group of American companies told the U.S. Court of International Trade, seeking an order spiking the tariff.

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ENFORCEMENT

Feds Seek Early End To Commodities Firm Bribery Case DPA

By Brian Steele

Federal prosecutors have moved to release a Connecticut-based commodities firm from a deferred prosecution agreement nearly four months early, telling a judge Monday that Freepoint Commodities LLC has satisfied its obligations and paid more than $106 million to resolve allegations that it bribed Brazilian government officials.

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LEGAL INDUSTRY

AGs Want Meta's Privilege Claims Reviewed In Bellwether Trial

By Dorothy Atkins

During a break in a jury trial Monday over states' claims Meta hid social media's harm, states' counsel urged a California federal judge to require Meta to re-review all of its attorney-client privilege designations, arguing that "it seems actually logically impossible" that Meta described the wrong standard in only a single document.  

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Legal Center Says DOJ Is Stonewalling Fund Records Request

By Jared Foretek

A voting rights nonprofit is accusing the U.S. Department of Justice of stonewalling a request for records on the Trump administration's attempted "anti-weaponization fund," claiming that the agency has spent the summer unlawfully ducking a Freedom of Information Act submission.

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Galindo Law Files For Ch. 11 After Camp Lejeune Fee Fight

By Ben Zigterman

A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.

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Attys Ask Court To Toss Suit Alleging They Stole 1,000 Cases

By Spencer Brewer

Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.

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LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Andrus Boudreaux

Cahill Gordon

Covington & Burling

Davis Wright Tremaine

Dickinson Wright

Dykema Gossett

Haynes Boone

Hogan Lovells

Jason J. Joy & Associates

Jordan Lynch & Cancienne

K&L Gates

Mayer Brown

Morrison & Foerster

Morrison Cohen

Podhurst Orseck

Stranch Jennings

Strauss Borrelli

Thompson Coe

Wilkinson Stekloff

Willkie Farr

COMPANIES IN TODAY'S NEWS

Apple Inc.

Arizona Tile

B. Riley Financial Inc.

Caesarstone Ltd.

Campaign Legal Center

Capital One Financial Corp.

Coinbase Global Inc.

Costco Wholesale Corp.

Deer Finance LLC

Discover Financial Services Inc.

Elite

Enviva LP

Fort Point Capital

Freepoint Commodities LLC

Gemspring Capital

Instagram Inc.

Inter IKEA Systems BV

Jefferies Financial Group Inc.

M S International Inc.

Meta Platforms Inc.

Microsoft Corp.

Nintendo Co. Ltd.

North American Securities Administrators Association

Petrobras

RWE AG

Trump Organization Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Department of Justice

Delaware Court of Chancery

European Union

Executive Office of the President

Internal Revenue Service

International Trade Commission

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

U.S. Court of Appeals for the Eleventh Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

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

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

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court