In just over two weeks, U.S. Customs and Border Protection has cleared nearly 16 million more imports as part of the third phase of its tariff refund system, according to a declaration filed by a CBP official at the U.S. Court of International Trade.
Law360
International Trade
FRIDAY, OCTOBER 30, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

CBP Clears Nearly 16M Imports In 3rd Tariff Refund Phase

By Dylan Moroses

In just over two weeks, U.S. Customs and Border Protection has cleared nearly 16 million more imports as part of the third phase of its tariff refund system, according to a declaration filed by a CBP official at the U.S. Court of International Trade.

Declaration attached | Read full article » | Save to favorites »

India, Mexico Take Step Toward Preferential Trade Deal

By Jack McLoone

Trade representatives from India and Mexico kicked off negotiations for a preferential trade agreement, the Indian government announced Wednesday, saying the hope is to increase trade between the countries.

1 document attached | Read full article » | Save to favorites »

Mining Cos. Sanctioned Over Discovery In Peru Lead Case

By Mike Curley

A Missouri federal judge has issued sanctions against mining companies, including one run by billionaire Ira Rennert, in a lawsuit by Peruvians alleging the defendants exposed children to toxins, finding that the companies filed two separate actions in Florida to get around discovery orders in the present case.

Memorandum attached | Read full article » | Save to favorites »

LITIGATION

Shipbuilder Must Face Bridge Wreck Suit In US, 3rd Circ. Told

By Linda Chiem

The Dali cargo ship's owner and manager told the Third Circuit on Wednesday that a Pennsylvania federal judge improperly tossed their lawsuit alleging South Korean shipbuilder HD Hyundai Heavy Industries Co. Ltd. designed and built a "fatally flawed" ship that subsequently slammed into Baltimore's Francis Scott Key Bridge.

Brief attached | Read full article » | Save to favorites »

Ex-Eletson Gas Exec Looks To Nix Bankruptcy Sanctions

By Emily Lever

A former executive at Eletson Gas urged a New York federal court to reverse an arrest warrant for contempt and a $726,000 judgment imposed on him, arguing he was never properly served and had ceased working at Eletson at the time of the alleged sanctionable conduct.

2 documents attached | Read full article » | Save to favorites »

Satellite Co. Asks Fla. Court To End $15M Finder's Fee Suit

By David Minsky

A satellite technology company asked a Florida state court on Wednesday to once and for all end a lawsuit alleging it owes $15 million in finder's fees for help with sourcing funders, arguing the complaint was already considered and rejected by federal courts. 

3 documents attached | Read full article » | Save to favorites »

ARBITRATION

Questions Remain In $1.5B Iraq, Turkey Feud, Court Hears

By Caroline Simson

Turkey is pressing a D.C. federal court to reject a magistrate judge's recommendation to enforce an arbitral award ordering it to pay some $1.47 billion in damages to Iraq, saying the judge wrongly analyzed the issue of interest and that the ultimate prevailing party still isn't clear.

Brief attached | Read full article » | Save to favorites »

EXPERT ANALYSIS

Midterm Elections Outlook For Financial Services

A change in congressional control after the upcoming midterm elections could bring about slower regulatory approvals, intensified oversight and shifting enforcement priorities for the financial services industry, say attorneys at Covington.

Read full article » | Save to favorites »

3 Strategies To Reduce AI Sycophancy In Legal Work

The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Weil's Demise Sparks Shock, Reflection In The Legal World

By Alison Knezevich and Andrea Keckley

The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.

Read full article » | Save to favorites »

'Leadership Vacuum' Preceded Weil's Collapse

By Daniel Moritz-Rabson and Aebra Coe

A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.

Read full article » | Save to favorites »

Lessons From The Past For Weil's Final Curtain Call

By Rick Archer

Weil Gotshal & Manges LLP leaders may have every reason to agree to an out-of-court wind-down, but dissolving such a storied law firm, which announced Wednesday it intends to shut down following an exodus of attorneys, is not as simple as a handshake among partners, experts said in interviews with Law360 on Wednesday.

Read full article » | Save to favorites »

Weil's Collapse Ends Firm's Long Run As Bankruptcy Leader

By Alex Wittenberg

Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.

Read full article » | Save to favorites »

Troutman, Baker McKenzie Report Data Breaches

By Lynn LaRowe

Troutman Pepper Locke LLP and Baker McKenzie experienced data breaches last month as a result of social engineering attacks, according to notices submitted this week to the attorneys general offices in California and Texas.

2 documents attached | Read full article » | Save to favorites »

Morgan & Morgan Seeks To Block Celebrity Ad Ban In Florida

By Ryan Boysen

Personal injury giant Morgan & Morgan PA has asked a Florida federal court for a preliminary injunction to block a Sunshine State bar rule that forbids celebrity endorsements in attorney advertisements.

Motion attached | Read full article » | Save to favorites »

Dark blue promo that reads Law360 Pulse Leaderboard Dark blue promo that reads 2026 Regional Powerhouses

LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Akerman LLP

Baker McKenzie

Barnes Richardson

Blank Rome

Buchalter LLP

Cleary Gottlieb

Covington & Burling

Cravath Swaine

Dewey & LeBoeuf

Eckert Seamans

Foley & Lardner

Forchelli Deegan

Fragomen Del Rey

Gibson Dunn

Greenberg Traurig

Gupta Wessler

HSF Kramer

Hogan Lovells

Holland & Knight

Ice Miller

King & Spalding

Kirkland & Ellis

Latham & Watkins

Lawson Huck

Lewis Rice

Lieff Cabraser

Lowenstein Sandler

McDermott Will & Schulte

Morgan & Morgan PA

Napoli Shkolnik

Paul Weiss

Polsinelli PC

Reed Smith

Rivero Mestre

Rodriguez Tramont

Seyfarth Shaw

Steptoe LLP

Stroock & Stroock

Sullivan & Cromwell

Tidrick Law Firm

Tripp Scott

Troutman

Vinson & Elkins

Weil Gotshal

Willkie Farr

WilmerHale

COMPANIES IN TODAY'S NEWS

AST & Science LLC

American Bankruptcy Institute

Anthropic PBC

Baretz & Brunelle LLC

Burke Inc.

Doe Run Co.

Financial Industry Regulatory Authority Inc.

First Brands Group

Fossil Group Inc.

Gavin Solmonese LLC

HHI Corp.

Hyundai Heavy Industries Co.

International Business Machines Corp.

Lehman Brothers Holdings Inc.

Level 3 Communications Inc.

LinkedIn Corp.

LionTree LLC

Major Lindsey & Africa LLC

Norfolk Southern Corp.

Steward Health Care System LLC

Textron Inc.

The Florida Bar

The Renco Group

United Airlines Holdings Inc.

VOYlegal LLC

Washington Mutual Inc.

Zeughauser Group LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Industry and Security

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Reserve System

Financial Crimes Enforcement Network

Florida Supreme Court

International Chamber of Commerce

Maryland Attorney General's Office

Office of Foreign Assets Control

Office of the Comptroller of the Currency

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

U.S. Coast Guard

U.S. Court of Appeals for the Third Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

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

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

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

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

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court