Costco urged an Illinois federal court to toss a putative consumer class action seeking to recoup the higher costs that shoppers paid under President Donald Trump's global tariffs, contending that the case is premature in the wake of uncertain corporate refunds. 
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WEDNESDAY, MAY 20, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Costco Calls Suit Over Tariff Refunds Premature

By Natalie Olivo

Costco urged an Illinois federal court to toss a putative consumer class action seeking to recoup the higher costs that shoppers paid under President Donald Trump's global tariffs, contending that the case is premature in the wake of uncertain corporate refunds. 

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Fed. Circ. Won't Rehear Chemical Co.'s Duty Refund Dispute

By Jack McLoone

The Federal Circuit won't reconsider its rejection of a chemical manufacturer's argument that federal law required its claim for a petroleum derivative duty refund to be processed automatically, despite the company's claim that the court misconstrued the relevant law and precedent.

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DOJ Says Container Makers Fixed Prices During Pandemic

By Bryan Koenig

Four of the world's largest shipping container manufacturers and seven of their current and former executives conspired to restrict production to drive up prices, the U.S. Department of Justice said Tuesday in criminally charging them, although most may be beyond the reach of American courts.

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POLICY & REGULATION

EU Parliament Approves Stricter Steel Duty Regime

By Dylan Moroses

The European Parliament approved a regulation to strengthen the European Union's protections from global steel overcapacity, cutting the tariff-free import quota by 47% while doubling the duty on imports beyond the quota to 50%, according to a news release Tuesday.

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Chinese Testing Lab Urges FCC Caution On 'Reciprocal' Rule

By Christopher Cole

A Chinese equipment testing lab says the Federal Communications Commission needs to tread carefully in crafting new rules demanding "reciprocal" agreements to test communications gear, or risk disrupting U.S. supply chains.

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Trump Banking Orders Boost Fintechs, Block Immigrants

By Lauren Berg

President Donald Trump on Tuesday signed a pair of executive orders aimed at preventing undocumented immigrant workers from using the U.S. financial system and expanding financial technology firms' access to Federal Reserve payment accounts and services.

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INVESTIGATIONS & REVIEWS

Brief

Vietnamese Plastic Boxes Face Triple-Digit Duty Rate

By Jack McLoone

Imported plastic boxes from Vietnam could be hit with a more than 130% antidumping duty rate after the U.S. Department of Commerce on Tuesday finalized its determination that the products are being sold at less than fair value.

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ENFORCEMENT

Ex-Trump Fundraiser Dodges Prison For Straw Donor Scheme

By Stewart Bishop

A New York man who raised funds for President Donald Trump's 2020 reelection campaign avoided a prison sentence Tuesday after being found guilty at trial of charges stemming from a straw donor scheme partly intended to help Chinese nationals gain access to Trump.

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States Tell CIT To Reject Gov't's Request To Stay Tariff Ruling

By Dylan Moroses

The federal government's arguments to stay a permanent injunction against the collection of President Donald Trump's temporary global duties for two small businesses and the state of Washington while it appeals the ruling are overblown, a coalition of states told the U.S. Court of International Trade on Tuesday.

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LITIGATION

Apple's Fed. Circ. Review Bid Gets Support In Watch Ban Feud

By Adam Lidgett

Technology industry groups and an organization that often files patent challenges have thrown their support behind Apple's fight against a Federal Circuit panel's finding that the U.S. International Trade Commission properly banned imports of Apple Watches with blood oxygen-monitoring features.

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Investor Who Lost $586K To Lead McDermott Stock Suit Subclass

By José Luis Martínez

A Texas federal judge has appointed a man who claims some $586,833 in losses to lead a subclass of stock purchasers in a suit accusing energy industry engineering giant McDermott International Inc. of misleading investors during its $6 billion merger with Chicago Bridge & Iron Co. NV in 2018.

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After Feds' Input, Gilstrap Denies Injunction In $445M IP Case

By Theresa Schliep

U.S. District Judge Rodney Gilstrap on Monday rebuffed Collision Communications Inc.'s bid for an injunction blocking Samsung Electronics Co. Ltd. from selling products that a jury said were infringing in a $445 million verdict in a case that the federal government used to argue for broader use of injunctions in patent suits.

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Intel Says Texas Law Doesn't Support Russian Missile Claims

By Spencer Brewer

Intel and other semiconductor manufacturers asked a Texas federal judge to throw out claims that they negligently sold products the Russian government used to build missiles that killed Ukrainian civilians, saying Tuesday that the civilians' claims have no basis in Texas law.

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ARBITRATION

EU Says $40M Award Against Poland Can't Be Enforced

By Joyce Hanson

The European Commission has told the D.C. Circuit that a Swedish court decision, which dismissed a $40 million arbitral award favoring a commodities trading firm, correctly set aside the award against Poland as incompatible with Swedish and European Union law.

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EXPERT ANALYSIS

Decoding Arbitral Disputes: EU's Arb. Defense From Russia

The EU's latest package of restrictive measures against Russia marks a significant shift from merely resisting Russian jurisdictional tactics to proactively protecting arbitration and exclusive jurisdiction agreements, elevating the procedural importance of dispute resolution clauses, says Josep Galvez at 4-5 Gray's Inn Square.

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Becoming The Biz-Savvy GC That Portfolio Companies Need

Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

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LEGAL INDUSTRY

The 2026 Summer Associates Survey

By Daniela Porat

Law students hoping to land summer associate roles at their dream firms have to start applying earlier and earlier, forcing students to strike a difficult balance between focusing on academics and completing applications. Find out how students navigated the ever-competitive process and which firms topped students’ wish lists in the latest survey from Law360 Pulse.

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2nd Circ. Nixes $900M Suit Against Boies Schiller, Dentons

By Caroline Simson

The Second Circuit Tuesday refused to revive a racketeering lawsuit seeking up to $900 million in damages from Dentons and Boies Schiller Flexner LLP, in which the BigLaw firms were accused of misleading a former client in relation to a deal, and later arbitration, involving Senegal's state-owned energy company.

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Q&A

She Has A Point: Sheppard's Michelle Replogle

By Theresa Schliep

When Michelle Replogle of Sheppard and Nitika Gupta Fiorella of Fish & Richardson PC were opponents in a patent case, Fiorella said, Replogle stood out for her expertise and respect, which she showed to everyone regardless of their experience or whom they represented in the litigation.

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$1.8B IRS Deal Fund 'Not Slush Fund,' Blanche Tells Senators

By Courtney Bublé

Acting Attorney General Todd Blanche argued before a Senate committee on Tuesday that the nearly $1.8 billion settlement fund announced on Monday as part of the president's settlement with the Internal Revenue Service over his leaked tax documents "is not a slush fund."

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Quinn Emanuel Owes More Sanctions In Guardant Fight

By Lauren Berg

Quinn Emanuel and its team representing medical testing company Natera will shoulder further sanctions on top of the $3 million already imposed over the firm's misrepresentations concerning an expert witness in Guardant Health's false advertising case, a California federal judge ruled Tuesday.

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Nelson Mullins Partner Confirmed To SC Federal Bench

By Courtney Bublé

The Senate voted 52-38 on Tuesday to confirm Sheria Clarke, a partner at Nelson Mullins Riley & Scarborough LLP, as a judge for the District of South Carolina.

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Brother May Pay Ex-BigLaw Atty's Legal Fees In Insider Case

By Julie Manganis

A former BigLaw associate charged with orchestrating a sweeping insider trading scheme can have his legal expenses covered by his co-defendant brother if the two waive potential conflicts, a Massachusetts federal magistrate judge said Tuesday.

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Seeborg's Term As Calif. Northern District Chief Judge To End

By Bonnie Eslinger

Chief District Judge Richard Seeborg is expected to conclude his time as the top judge for the Northern District of California in July, according to a spokesperson for the judiciary, to be succeeded by U.S. District Judge Yvonne Gonzalez Rogers.

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Ex-Trader Says Crypto Co.'s Bid For Sanctions Is 'Unfounded'

By Hayley Fowler

A former trader said a cryptocurrency company is using an "unfounded" characterization of his deposition conduct to seek sanctions and lend credence to facts it hasn't otherwise been able to prove in its suit accusing him of usurping $8.1 million in digital assets.

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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

4 5 Gray's Inn Square

A&O Shearman

Alston & Bird

Arnold & Porter

Baker & Hostetler

Baker Botts

Bayko Prebeg

Boies Schiller

Caldwell Cassady

Carabin & Shaw

Clement & Murphy

DLA Piper

Dentons

Elman Freiberg

Faegre Drinker

Finnegan

Fish & Richardson

Freedman Normand

Gillam Smith

Goodwin Procter

Keller Anderle

King & Spalding

Kirkland & Ellis

Knobbe Martens

Korein Tillery

Latham & Watkins

Looper Goodwine

Martin G. Weinberg PC

Miller Fair

Morrison & Foerster

Munger Tolles

Nelson Mullins

Neville Peterson

Perkins Coie

Pierson Ferdinand LLP

Pomerantz LLP

Porter Hedges

Quinn Emanuel

Reynolds Frizzell

Robbins Geller

Schall Law

Sidley Austin

Tillotson Johnson

Watts Law Firm

Wilder Pantazis

WilmerHale

Winston & Strawn

Wolf Haldenstein

Womble Bond

COMPANIES IN TODAY'S NEWS

Advanced Micro Devices Inc.

Amazon.com Inc.

American Bankers Association

Apple Inc.

Basic Fun Inc.

Binance Holdings Ltd.

Chicago Bridge & Iron Co. NV

China International Marine Containers Ltd.

Churchill Downs Inc.

Computer & Communications Industry Association

Costco Wholesale Corp.

Google LLC

Guardant Health Inc.

HTC Corporation

Intel Corp.

Johnson & Johnson

Kentucky Derby

Major League Baseball Inc.

Major Lindsey & Africa LLC

Masimo Corp.

McDermott International

Mercuria Energy Group Ltd.

Microsoft Corp.

Motorola Mobility LLC

Mouser Electronics Inc.

Natera Inc.

Occidental Petroleum Corp.

OpenAI OpCo LLC

Roblox Corp.

Samsung Electronics Co. Ltd.

Sovereign Arbitration Advisors LLC

Texas Instruments Inc.

eBay Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Consumer Financial Protection Bureau

Council of the EU

European Commission

European Parliament

European Union

Federal Communications Commission

Federal Reserve System

Internal Revenue Service

International Chamber of Commerce

International Trade Commission

Mesa County, Colorado

Oregon Department of Justice

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

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Customs and Border Protection

U.S. Department of Agriculture

U.S. Department of Commerce

U.S. Department of Justice

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

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 Massachusetts

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

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

U.S. District Court for the Eastern District of North Carolina

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

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 Northern District of Texas

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

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

Washington Attorney General's Office

World Trade Organization