Later this year, the U.S. will impose 100% tariffs on imported pharmaceuticals, but drug companies could qualify for reduced tariff rates as low as zero if they agree to invest domestically and enter most-favored-nation drug-pricing agreements with the government, according to an executive order President Donald Trump signed Thursday.
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TOP NEWS

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Trump Orders 100% Pharma Tariff, Modifies Metals Duties

By Dylan Moroses

Later this year, the U.S. will impose 100% tariffs on imported pharmaceuticals, but drug companies could qualify for reduced tariff rates as low as zero if they agree to invest domestically and enter most-favored-nation drug-pricing agreements with the government, according to an executive order President Donald Trump signed Thursday.

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Centripetal Loses Fed. Circ. Bid To Save Cybersecurity Patent

By Adam Lidgett

The Federal Circuit on Thursday said it won't restore a Centripetal Networks cybersecurity patent challenged by Keysight Technologies Inc. after being sued in federal court, backing the Patent Trial and Appeal Board's finding that it was invalid.

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US Tariffs Hiked Consumer Prices By 0.5% To 1%, Report Says

By Kevin Pinner

The U.S. government's tariffs imposed last year likely raised consumer prices by 0.5% to 1%, the Yale Budget Lab said Thursday in a report that revised down its initial estimates.

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Brief

ITC Says Chinese Anodes Aren't Harming US Producers

By Jack McLoone

Subsidized Chinese anodes sold into the U.S. at unfair prices aren't harming domestic industry, the U.S. International Trade Commission said Thursday, blocking the U.S. Department of Commerce from issuing duty orders.

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INVESTIGATIONS & REVIEWS

ITC Investigating Hisense, Roku Over TV Patent Claims

By Jack McLoone

The U.S. International Trade Commission is opening an investigation into claims that Hisense and Roku are importing televisions and streaming devices into the U.S. that infringe six patents held by a company that licenses those patents to LG.

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LITIGATION

Ex-Rabobank Officer Pushes OCC Again For $4M In Fee Fight

By Sydney Price

Attorneys of a former Rabobank compliance officer told the Ninth Circuit that the Office of the Comptroller of the Currency should not be allowed to abandon a "ruinous" failed enforcement action without paying $4 million to cover the fees and expenses incurred during the litigation.

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Ownership Limbo Spurs Stay Bid In $380M PetroSaudi Fight

By Joyce Hanson

A PetroSaudi unit has urged a California federal court to continue its stay in litigation by the U.S. government over a $380 million arbitral award purportedly tied to funds embezzled from Malaysia, saying company control remains in limbo in the Cayman Islands and Barbados.

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Fla. Homeowner Says Loan Scam Stripped Homestead Rights

By Isaac Monterose

A Miami homeowner accused a lender in Florida state court of running a "predatory" lending scheme that led to him losing homestead protections and then losing his property in a foreclosure sale.

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PEOPLE

Trade Representative Leader Moves To Baker McKenzie

By Jack Rodgers

Baker McKenzie has hired a former deputy assistant in the Office of the U.S. Trade Representative, who worked with the agency for a decade and most recently as the top attorney on U.S. trade actions, tariffs and other policy.

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EXPERT ANALYSIS

Series

Ultramarathons Make Me A Better Lawyer

Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

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LEGAL INDUSTRY

Bondi Out As Attorney General After Contentious Time At DOJ

By Courtney Bublé

President Donald Trump announced on Thursday Attorney General Pam Bondi will be leaving her post. 

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Goldstein Allowed To Move Out After Marriage Falls Apart

By Jared Foretek

A Maryland federal judge on Thursday allowed SCOTUSblog founder Thomas Goldstein to relocate for the duration of his home confinement, after Goldstein's attorneys said his marriage had fallen apart and it no longer "makes sense" for Goldstein and his wife to share a residence.

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Raskin Blasts DOJ Bid To Shield Attys From State Bar Probes

By Courtney Bublé

Rep. Jamie Raskin, D-Md., ranking member of the House Judiciary Committee, said Thursday the U.S. Department of Justice's endeavor to preempt state bar investigations of department attorneys is a "get out of jail free" card.

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DLA Piper, Vax Refuser Reach Deal To End Religious Bias Suit

By Patrick Hoff

DLA Piper has struck a deal to wrap up a Christian former employee's lawsuit claiming he was fired for refusing to get the COVID-19 vaccine because of his religious beliefs, an Illinois federal judge said Thursday.

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Feds Say Habeas Ruling Could Spur More 'Illegal Orders'

By Jared Foretek

The Trump administration has asked the Fourth Circuit to reverse a district ruling that upheld a standing order from Maryland federal judges barring immediate removal or transfer of immigrant detainees, arguing the ruling sets a dangerous precedent for district court standing orders.

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Schneider Wallace Fights Uphill For Bigger Cut Of $75M Fees

By Bonnie Eslinger

A California federal magistrate judge appeared skeptical Thursday about Schneider Wallace Cottrell Kim LLP's bid to increase its cut of a $75.4 million fee award for representing plaintiffs in a $228.5 million Sutter Health antitrust deal, saying lead counsel Constantine Cannon LLP's allocation of $1.4 million to Schneider Wallace seems fair.

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Puerto Rico Bankruptcy Stymies Paul Weiss, ACLU Fee Bids

By Carolyn Muyskens

American Civil Liberties Union and Paul Weiss attorneys who successfully eased restrictions on voting by mail in Puerto Rico during the COVID-19 pandemic cannot collect fees for their work because they were discharged in Puerto Rico's bankruptcy proceeding, the First Circuit has ruled.

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Process Server ABC Legal Inks $2.5M Deal Over Cyber Breach

By Ben Adlin

Seattle-based ABC Legal Services LLC, which bills itself as the nation's largest network of legal process servers, would pay $2.5 million under a tentative deal to settle workers' putative class action claiming a 2024 cyberattack exposed their personal information, the plaintiffs told a Washington federal court Wednesday.

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Roundup

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

By Laura Stewart Liberty

The past week in London has seen data giant Sportrader face action from software company Altenar over alleged market abuse, Mexican billionaire Ricardo Pliego sue a man who allegedly defrauded him out of $415 million, and Warner Bros. bring a copyright claim against a YouTuber who leaked set footage of the upcoming Harry Potter series. Here, Law360 looks at these and other new claims in the U.K. 

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LAW FIRMS IN TODAY'S NEWS

Adams Duerk

Astraea Group Ltd.

Axinn Veltrop

Baker McKenzie

Bartko Pavia

Birketts LLP

Bryan Cave

Cafferty Clobes

Campbell Johnston

Capsticks Solicitors LLP

Clement & Murphy

Clyde & Co

Constantine Cannon

Continental PLLC

DLA Piper

DWF LLP

Doyle Clayton

Federman & Sherwood

Fieldfisher

Geradin Partners

HSF Kramer

Jones Day

Kobre & Kim

LK Law Pty Ltd

Latham & Watkins

Liang Ly

Mathys & Squire

McDonald Hopkins

McNaul Ebel

Mehdi Firm

Much Shelist

Munger Tolles

Ogden Murphy

Paul Weiss

Perkins Coie

Peters & Peters Solicitors

Reed Smith

Reynolds Porter

Schneider Wallace

Selendy Gay

Stephenson Harwood

Strauss Borrelli

Ward Hadaway

Weddle Law PLLC

White & Case

Wiggin LLP

WilmerHale

COMPANIES IN TODAY'S NEWS

ABC Legal Services Inc.

AXA XL Ltd.

American Airlines Group Inc.

American Civil Liberties Union

BAE Systems PLC

Ballard Partners Inc.

Cisco Systems Inc.

Cottrell Inc.

Dnata

Federalist Society

Hisense Co. Ltd.

Home Box Office Inc.

Johnson Controls International PLC

Keysight Technologies Inc.

Kroll LLC

LG Electronics Inc.

Lendlease Corp.

Liberty Mutual Insurance Group

LinkedIn Corp.

Mediterranean Shipping Co. SA

Meggitt PLC

Meta Platforms Inc.

Panasonic Corp.

Rabobank

Roku Inc.

Samsung Electronics Co. Ltd.

Sportradar Group AG

Sutter Health

Tesla Inc.

Trafigura Group Pte. Ltd.

United Nations Commission on International Trade Law

Vitol Inc.

Volkswagen AG

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

European Union

Executive Office of the President

Federal Bureau of Investigation

HM Revenue & Customs

International Trade Administration

International Trade Commission

National Security Council

New York Attorney General's Office

Office of the Comptroller of the Currency

Office of the U.S. Trade Representative

Patent Trial and Appeal Board

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Commerce

U.S. Department of Health and Human Services

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 Maryland

U.S. District Court for the District of Massachusetts

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 Western District of Virginia

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

U.S. Supreme Court

UK High Court

World Trade Organization