The U.S. Treasury Department announced plans Thursday to issue regulations for international tax provisions that were modified under the federal budget bill in July, including guidance to help corporations calculate foreign tax credits on certain types of overseas income.
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TOP NEWS

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Treasury To Float Guidance For Budget Bill's Int'l Provisions

By Natalie Olivo

The U.S. Treasury Department announced plans Thursday to issue regulations for international tax provisions that were modified under the federal budget bill in July, including guidance to help corporations calculate foreign tax credits on certain types of overseas income.

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Bobcat Says Caterpillar Reverse-Engineered Loader Parts

By Elliot Weld

Construction equipment maker Doosan Bobcat has accused rival Caterpillar Inc. of breaking down products to look for ways to engineer them, especially skid-steer loaders, excavators and dozers, in a pair of patent infringement lawsuits it brought in Texas federal court and the U.S. International Trade Commission.

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Solmate To Acquire RockawayX, Creating 'Crypto Giant'

By Katryna Perera

Solmate Infrastructure, formerly known as Irish sports ownership holding company Brera Holdings, announced Thursday it has entered into a business combination with the blockchain arm of venture capital firm Rockaway Capital, RockawayX.

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ENFORCEMENT

OFAC Fines Real Estate Firm $7M Over Sanctions Violations

By Sarah Jarvis

The Department of the Treasury's Office of Foreign Assets Control on Thursday fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.

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LITIGATION

Judge Weighs Venue For $146M Chilean Hospital Award Feud

By Caroline Simson

A Connecticut federal judge Wednesday appeared sympathetic to arguments that a Chilean construction company's petition to enforce a $146.5 million arbitral award against Italian construction giant Webuild belongs in Italy.

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EXPERT ANALYSIS

Series

Preaching Makes Me A Better Lawyer

Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.

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LEGAL INDUSTRY

Bonus Spotlight

Katten Exceeds Market Bonus Scale, Orrick Matches

By Tracey Read

Katten Muchin Rosenman LLP has joined a select few law firms that have gone beyond the BigLaw norm for year-end and special bonuses.

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Immigration Lawyers Battle Burnout Amid Deportation Surge

By Daniel Connolly

As the Trump administration carries out a mass deportation campaign across the country, immigration attorneys faced with heavy demand and changing norms are feeling the impact of burnout and stress on their practices and emotions, they told Law360.

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Judges Beat Ethics Suits For Dropping Retirement Post-Trump

By Jake Maher

A Fourth Circuit judge and two district court judges have defeated ethics complaints from a conservative legal organization alleging they improperly reversed their decisions to take senior status after President Donald Trump was elected.

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Rosen Law Firm Sanctioned Over 'Frivolous' Investor Suit

By Lynn LaRowe

A Wisconsin federal judge has sanctioned The Rosen Law Firm PA for failing to conduct an adequate investigation before filing a "frivolous" securities complaint against an airline holding company.

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Utah Atty Avoids Monetary Sanction For 'Hallucinated' Cases

By Matt Perez

A Utah federal judge handling a trademark infringement matter has sanctioned an attorney for filing court documents with "hallucinated" cases, but instead of issuing a fine, the lawyer was ordered to read all the cases and authorities cited in the opinion and file a summary statement within 30 days.

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Supreme Court Halts Immigration Judges' Free Speech Suit

By Britain Eakin

The U.S. Supreme Court on Friday stayed a Fourth Circuit decision reviving a free speech suit from an immigration judges union challenging a policy barring them from speaking publicly about immigration without approval.

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Feature

For NY Inmate, Jamaica's Violence Waits Outside Prison Walls

By Rachel Rippetoe

Jamaican-born Eric Tolliver is nearing the end of his 33-year prison sentence in New York, but what waits for him on the other side might be worse: deportation to his home country, where many want him dead.

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Fla. Court Upholds Atty Disqualification In $1M Estate Dispute

By David Minsky

A Florida state appellate court on Friday affirmed the disqualification of an attorney who abandoned his client and began representing his client's adversaries in a $1 million probate case, finding that he likely violated ethics rules regarding conflicts of interest.

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Fla. Judge OKs Release Of Epstein Grand Jury Transcripts

By Rae Ann Varona

A Florida federal judge on Friday ordered the release of grand jury transcripts from an investigation of late sex offender Jeffrey Epstein, citing a newly enacted law that the government said overrides a prohibition on disclosing the documents to the public.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

An SEC panel has asked the agency to adopt regulations that could standardize the way publicly traded companies report details about AI use. Meanwhile, the FCC approved AT&T's $1 billion UScellular deal after AT&T became the latest of the big three mobile carriers to agree to do away with diversity, equity and inclusion policies. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Gupta Wessler LLP and Block & Leviton LLP lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit revived a proposed class action against NextEra Energy Inc. that seeks to hold the energy company liable for a share price drop that followed political interference allegations involving a subsidiary.

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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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LAW FIRMS IN TODAY'S NEWS

Bernstein Litowitz

Block & Leviton

Cahill Gordon

Chaffetz Lindsey

Cohen Ziffer

Covington & Burling

Cravath Swaine

DLA Piper

Dacus Law Firm

Debevoise & Plimpton

Dentons

Edward P. Jackson PA

Edwards Henderson

Finn Dixon

Gibson Dunn

Goldstein & Orr

Gupta Wessler

Hagens Berman

Hogan Lovells

Jones Day

Katten Muchin

King & Spalding

Kirkland & Ellis

Latham & Watkins

Law Office of Catherine Brown

Lowenstein Sandler

Markus Moss PLLC

McGuireWoods

McKool Smith

Meyner & Landis

Milbank LLP

Morgan Lewis

Orrick Herrington

Parsons Behle

Paul Weiss

Pomerantz LLP

Quinn Emanuel

Rosen Law Firm PA

Sheppard Mullin

Sidley Austin

Skadden Arps

Smith Gambrell

Snell & Wilmer

Stinson LLP

Trump & Trump

Victor M. Glasberg & Associates

Willkie Farr

WilmerHale

Wilson Sonsini

Wofsey Rosen

Wood Smith

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Adidas AG

American Bar Association

American Immigration Lawyers Association

Andreessen Horowitz LLC

Apple Inc.

AstraZeneca PLC

Burke Inc.

Canon Inc.

Caterpillar Inc.

Cato Institute

Cox Enterprises Inc.

Daiichi Sankyo Co.

Doosan Corporation

DuPont de Nemours Inc.

Ford Motor Co.

General Mills Inc.

IPI Partners LLC

Kleiner Perkins Caufield & Byers

Marvell Technology Inc.

Michigan Immigrant Rights Center

Nasdaq Inc.

Nestle SA

New York Mets

NextEra Energy Inc.

Professional Golfers Association of America

State Bar of Texas

State Farm Mutual Automobile Insurance Co.

T-Mobile US Inc.

T. Rowe Price Group Inc.

The Florida Bar

The Kraft Heinz Co.

Tractor Supply Co.

Verizon Communications Inc.

Walmart Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Privacy Protection Agency

European Union

Executive Office for Immigration Review

Federal Communications Commission

Federal Trade Commission

Florida Supreme Court

International Trade Commission

New York Department of Financial Services

Office of Foreign Assets Control

Patent Trial and Appeal Board

Texas Supreme Court

U.S. Attorney's Office

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

U.S. Attorney's Office for the Southern District of New York

U.S. Citizenship and Immigration Services

U.S. Court of Appeals for the Second Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Connecticut

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

Unified Patent Court

United Nations

United States District Court for the District of Utah

United States District Court for the District of Wyoming

United States District Court for the Eastern District of Wisconsin

United States District Court for the Southern District of Ohio