The U.S. Supreme Court on Thursday adopted a broad view of a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, vacating an Eleventh Circuit opinion that overturned a $440 million judgment against several cruise companies for trafficking in property seized by the Cuban government.
Law360
International Trade
SUNDAY, MAY 24, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Supreme Court.jpg

Justices Adopt Broad Reading Of Cuba Expropriation Law

By Caroline Simson

The U.S. Supreme Court on Thursday adopted a broad view of a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, vacating an Eleventh Circuit opinion that overturned a $440 million judgment against several cruise companies for trafficking in property seized by the Cuban government.

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

Trade Court Won't Pause Tariff Ruling During US Appeal

By Dylan Moroses

The U.S. Court of International Trade won't stay its ruling blocking the collection of temporary global duties for two businesses and the state of Washington while the federal government appeals the judgment to the Federal Circuit, according to an opinion.

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

2nd Circ. Agrees Amazon Not Liable In Fur Import Evasion

By Jack McLoone

A U.S. fur company couldn't show that Amazon willfully ignored a 15-year scheme carried out by foreign fur sellers to avoid certain tariffs and import fees, a Second Circuit panel found, affirming the dismissal of a False Claims Act suit against the company.

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

Analysis

How Exxon Attys Beat A 10-Year-Old Securities Class Action

By Spencer Brewer

This month, Exxon Mobil's defense team helped deliver a clean sweep victory for the energy giant when a federal jury in Texas found the company did not lie to investors about the profitability of some operations.

Read full article » | Save to favorites »

INVESTIGATIONS & REVIEWS

Russian Palladium Facing 110% Countervailing Duty

By Jack McLoone

Imported Russian unwrought palladium is facing a nearly 110% countervailing duty rate following a final determination issued by the U.S. Department of Commerce on Thursday.

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

Brief

Indian, Turkish Chromium Trioxide Facing Antidumping Duties

By Jack McLoone

Imports from Turkey and India of a chemical used in wood preservation, metal finishing and plating are being sold at less than fair value, the U.S. Department of Commerce said Thursday, setting the products up to facing antidumping duties.

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

ENFORCEMENT

OCC Says Fintech Partner Bank Fell Behind On AML Controls

By Jon Hill

The Office of the Comptroller of the Currency has ordered Community Federal Savings Bank to strengthen its anti-money laundering controls after finding that the New York-based bank failed to keep pace with the risks from its fast-growing payment-processing business.

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

LITIGATION

Goldman Pens $500M Deal To End Investors' 1MDB Suit

By Jessica Corso

Goldman Sachs has agreed to pay $500 million to end a lawsuit brought by investors who say they lost money after it came to light that the company was allegedly involved in a bribery scandal tied to Malaysia's sovereign wealth fund.

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

Magna Unit Sues Mich. Firm Over $11M Ford Program Assets

By Melanie Dorsey

A division of Magna International Inc. has sued a Michigan automation company in federal court, accusing it of wrongfully holding more than $11 million in manufacturing assets, including dozens of industrial robots, after the cancellation of a Ford Motor Co. vehicle program.

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

EXPERT ANALYSIS

Cuba Sanctions Shift Puts Foreign Cos. In OFAC's Crosshairs

A recent executive order marks an extreme shift for foreign companies whose Cuban dealings have no relation to the U.S. and are entirely lawful under the laws of their home jurisdictions, such that their existing ring-fence protocols no longer offer protection from the Office of Foreign Assets Control’s secondary sanctions, says Jeremy Paner at Hughes Hubbard.

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

Series

NY Times Word Puzzles Make Me A Better Lawyer

Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Fox Rothschild Attys Shot Outside NC Courthouse After Hearing

By Hayley Fowler

Two Fox Rothschild LLP attorneys were shot Friday outside a courthouse in Raleigh, North Carolina, according to police reports and a firm spokesperson.

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

Survey Finds Legal Malpractice Claim Frequency Grew In 2025

By Andrea Keckley

Insurers reported an increase in the frequency of legal malpractice claims for the first time in several years amid concerns over issues like the uncontrolled use of artificial intelligence, according to this year's legal professional liability insurance survey by EPIC Law Firm Group.

Read full article » | Save to favorites »

Prosecutors Seek $1.98M Forfeiture In Goldstein Case

By Jared Foretek

Federal prosecutors are seeking a nearly $2 million forfeiture judgment against convicted SCOTUSblog founder Tom Goldstein and asking a Maryland federal judge to turn the Supreme Court lawyer's Northwest D.C. home over to the government to pay it.

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

Discipline Upheld For Fed. Judge Who Had Sex In Chambers

By Madison Arnold

The federal judiciary signed off Friday on a private reprimand for a district judge within the Eleventh Circuit for misconduct that included having an extramarital affair with a law enforcement officer and sexual intercourse in their chambers within earshot of the judge's staff.

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

Nelson Mullins Faces $2B Suits Over Alleged Conflicts

By Carolina Bolado

The former wives of two insurance mogul brothers have sued Nelson Mullins Riley & Scarborough LLP for $2 billion, claiming a partner there set up the couples' estates while quietly conspiring with the brothers to shield marital assets from the wives in the event of divorce.

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

Ala. Atty Suspended Over 'Atrocious' Bid To Cover Up AI Use

By Rae Ann Varona

A federal judge has suspended an attorney from practicing in the Northern District of Alabama after the attorney deleted his ChatGPT account in a bid to cover up his use of the chatbot to write an erroneous brief, saying the court never imagined having to deal with such "atrocious conduct."

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

DOJ Hid Grand Jury Misconduct In ICE Case, Ill. Judge Says

By Celeste Bott

An Illinois federal judge said Thursday her trust in U.S. Department of Justice attorneys had been "broken" after reviewing unredacted grand jury transcripts in a criminal case against anti-ICE protesters that revealed prosecutorial misconduct, shortly after which Chicago's top federal prosecutor moved to dismiss the charges.

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

'Can't Just Make Up Names And Sue,' 7th Circ. Judge Says

By Anne Cullen

A Seventh Circuit judge rebuked a lawyer Friday for naming a "made up" entity, rather than the correct institution, in a workplace sexual harassment lawsuit against the Wisconsin Court System and a former judge, demanding the error be corrected immediately.

Read full article » | Save to favorites »

UC Berkeley Law Adopts Sweeping Restrictions On AI Use

By Lynn LaRowe

The University of California, Berkeley School of Law has adopted a sweeping new policy that restricts the use of artificial intelligence by students, saying the measure aims to ensure "our courses focus on requisite cognitive skills by default."

Read full article » | Save to favorites »

Attys Hijacked 1,000 Storm Cases In 'Shakedown,' Suit Says

By Emily Sawicki

Two Louisiana law firms and a group of politically connected attorneys engaged in a "shakedown" to steal about 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, alleged a RICO suit filed Thursday in Houston federal court.

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

Analysis

Why Big Tech Gets Advisory Juries In 'Socially Explosive' Suits

By Dorothy Atkins

A California federal judge's recent use of advisory juries for high-profile tech disputes — including Elon Musk's OpenAI for-profit conversion challenge and states' social-media addiction fight with Meta — is an uncommon practice that's intended as a "reality check" for judges deciding "socially explosive" disputes, according to legal experts.

Read full article » | Save to favorites »

Exclusive

Fed. Judiciary Urged To Drop Unified Atty Admission Effort

By Jack Karp

The federal judiciary should scrap any proposal to do away with state bar admission requirements for U.S. district courts and create a national district court bar, according to a recent report finding it would undercut those courts' control over bar membership and that it lacks the necessary support.

Read full article » | Save to favorites »

Analysis

Some Attys Say Remote Hearing Expansion Comes At A Cost

By Julie Manganis

A push in Massachusetts to expand the number of proceedings held via videoconference is raising concerns among some attorneys, who question if the time savings of remote hearings is outweighed by the hidden costs of lawyers and judges staring into a screen.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Morrison Foerster LLP, Wachtell Lipton Rosen & Katz and Dechert LLP lead this week's edition of Law360 Legal Lions, after a California federal jury cleared OpenAI and executives Sam Altman and Greg Brockman of allegations that they breached the nonprofit's charitable trust by converting to a for-profit.

Read full article » | Save to favorites »

Roundup

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

By Laura Stewart Liberty

The past week in London has seen Napster sued by a music royalties company, White & Case LLP and Laytons LLP targeted in a claim by a property developer, a short-term lender pursue legal action against law firm Rainer Hughes and its former founding partner following his strike-off for money laundering offenses, and the administrators of London Bridging sue the founder of collapsed Market Financial Solutions. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

The role of artificial intelligence in law weaves in and out of this week's stories, with the most recent compelling action coming from California Gov. Gavin Newsom, who issued an executive order to mobilize state agencies as AI layoffs begin to hit thousands of workers in his state.

Read full article » | Save to favorites »

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.

Read full article » | Save to favorites »

Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Akerman LLP

Andrus Boudreaux

Balon B. Bradley Law Firm

Barings Law

Bernstein Litowitz

Bevan Brittan

Birketts LLP

CMS Cameron McKenna Nabarro Olswang

Charles Russell Speechlys

Cheronis & Parente

Clement & Murphy

Clifford Chance

Cooley LLP

Cotsirilos Poulos

Davis Polk

Davis Wright Tremaine

Dechert LLP

Dentons

Edmonds Marshall McMahon

Ellis George

Ellis Jones Solicitors

Eversheds Sutherland

Fieldfisher

Foley & Lardner

Fox Rothschild

Francis Mailman

Fried Frank

Getnick Law

Gibson Dunn

Goodwin Procter

Greenberg Traurig

Hagens Berman

Hangley Aronchick

Harrison LLP

Hay & Kilner

Haynes Boone

Hellmuth & Johnson

Holland & Knight

Howard & Howard

Hughes Hubbard

Jason J. Joy & Associates

Jones Day

Katzman Wasserman

Kendall Law Group PLLC

Keoghs LLP

Kessler Topaz

King & Spalding

Kirkland & Ellis

Latham & Watkins

Laytons LLP

Lowey Dannenberg

McClenny Moseley

McGuireWoods

Mishcon de Reya

Morgan & Morgan PA

Morgan Lewis

Morrison & Foerster

Moses & Singer

Munger Tolles

Nabarro LLP

Nelson Mullins

Orrick Herrington

Paul Weiss

Pierson Ferdinand LLP

Pinsent Masons

Powell Gilbert

Proskauer Rose

Quinn Emanuel

Radice Law Firm

Robbins Geller

Roberts Law Firm US

Spencer West LLP

Sperling Kenny

Squire Patton

Stephenson Harwood

Stewarts Law LLP

Taft Stettinius

Tucker Dyer

Underwood Solicitors LLP

Varnum LLP

Venable LLP

Wachtell Lipton

White & Case

Wiggin LLP

WilmerHale

COMPANIES IN TODAY'S NEWS

23andMe Inc.

AXA SA

Albertsons Cos. Inc.

Aldi GmbH & Co. KG

Alphabet Inc.

Amazon.com Inc.

American Bar Association

Ames & Gough Insurance Risk Management Inc.

Apple Inc.

Association of Corporate Counsel

AvalonBay Communities Inc.

Balfour Beatty PLC

Basic Fun Inc.

Boston College

Burke Inc.

CVS Health Corp.

Carnival Corp. & PLC

Coinbase Global Inc.

Core Specialty Insurance Holdings Inc.

Corporate Legal Operations Consortium

Crum & Forster Holdings Corp.

Diana Shipping Inc.

Dominion Energy Inc.

Epic Games Inc.

Equity Residential

Exxon Mobil Corp.

Ford Motor Co.

Fun

George Washington University

Gilead Sciences Inc.

Guardant Health Inc.

Hammerson PLC

Harvard University

IAM National Pension Fund

Institutional Shareholder Services Inc.

Insurance Care Direct

Intas Pharmaceuticals Ltd.

Ironclad Inc.

Ironshore Inc.

John Lewis Partnership PLC

Levi Strauss & Co.

Liberty Mutual Insurance Group

LinkedIn Corp.

London Stock Exchange Group PLC

Magna International Inc.

Major League Soccer LLC

Mediterranean Shipping Co. SA

Merck & Co. Inc.

Meta Platforms Inc.

Microsoft Corp.

MongoDB Inc.

NVIDIA Corp.

Natera Inc.

National Westminster Bank PLC

National Women's Law Center

Navy Federal Credit Union

NextEra Energy Inc.

Norwegian Cruise Line

OpenAI OpCo LLC

POSCO

Parabellum Capital LLC

Premera Blue Cross

Rhapsody International Inc.

Royal Caribbean Cruises Ltd.

SVB Financial Group

Samsung Electronics Co. Ltd.

Singapore Airlines Ltd.

Solicitors Regulation Authority Ltd.

Swiss Reinsurance Co. Ltd.

Takeda Pharmaceutical Co. Ltd.

Teradyne Inc.

The Goldman Sachs Group Inc.

The Kroger Co.

The New York Times Co.

The Walt Disney Co.

YIT Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Colorado Supreme Court

Companies House

Delaware Court of Chancery

Federal Deposit Insurance Corp.

Financial Conduct Authority

Fish and Wildlife Service

Internal Revenue Service

International Trade Commission

Office of Foreign Assets Control

Office of the Comptroller of the Currency

Oregon Attorney General's Office

Oregon Department of Justice

Texas Attorney General's Office

The Crown Prosecution Service

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

U.S. Attorney's Office for the Northern District of Illinois

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Customs and Border Protection

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of State

U.S. Department of the Treasury

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 Maryland

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

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. District Court for the Western District of Washington

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Sentencing Commission

U.S. Supreme Court

UK High Court

United States District Court for the Northern District of Alabama

Washington Attorney General's Office

Wisconsin Department of Justice