WTO Must Extend Digital Trade Protections, Lawmakers Told

By Dylan Moroses

The World Trade Organization's moratorium on digital trade measures must be extended and its scope strengthened in support of U.S. business interests, experts testifying before the U.S. House's trade panel told lawmakers Tuesday.

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

South Korea Scores Win In Schindler Investment Treaty Case

By Corey Rothauser

South Korea has prevailed in an international arbitration by Swiss elevator maker Schindler Holding AG over its investment in Hyundai Elevator Co. Ltd., a dispute centered on claims that regulators failed to prevent the dilution of Schindler's stake, South Korea's Justice Ministry said.

Read full article » | Save to favorites »

Fragrance Co. Inks $11M Icebreaker Deal In Price-Fixing Case

By Lauren Berg

A group of consumers asked a New Jersey federal judge Monday to preliminarily sign off on an $11 million class settlement with International Flavors and Fragrances Inc., which the consumers called an "icebreaker" deal cut in sprawling price-fixing antitrust litigation against four major fragrance ingredient makers.

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

BlackRock Must Face Ex-VP's Whistleblower Retaliation Suit

By Sarah Jarvis

BlackRock Inc. must face a suit in New York state court by a former vice president who alleges he faced retaliation and wrongful termination after raising concerns about self-dealing, corruption and conflicts of interest, with a state judge partially rejecting the asset manager's bid to dismiss the case.

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

OFAC Fines Broker $1.1M Over Apparent Sanctions Violations

By Sarah Jarvis

The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced that Florida brokerage TradeStation Securities Inc. has agreed to pay more than $1.1 million to settle potential civil liability for violating the regulator's sanctions programs for Iran, Syria and Crimea.

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

Texas Man Asks Justices To Undo Samsung Battery Suit Win

By Jonathan Capriel

A man who claims a Samsung SDI Co. Ltd. battery exploded in his pocket is urging the U.S. Supreme Court to revive his case, arguing the Fifth Circuit wrongly applied an exception that allows companies to evade jurisdiction in states where they do business by claiming they marketed the products to manufacturers, not consumers.

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

King & Spalding Adds Winston & Strawn IP Litigator In SF

By James Mills

The parade of Winston & Strawn LLP litigators moving to King & Spalding LLP continues with a patent litigator being the latest to make the move, becoming a partner in the San Francisco office.

Read full article » | Save to favorites »

7 Steps For Gov't Contractors In Post-IEEPA Tariff Landscape

In response to U.S. Supreme Court's recent decision to strike down tariffs issued by the Trump administration under the International Emergency Economic Powers Act, there are several actions federal contractors should take to preserve their place in any refund waterfall, and to manage audit, overpayment and False Claims Act risk, say attorneys at Holland & Knight.

Read full article » | Save to favorites »

4 Ways To Help CBP Curb Shell Co. Import Schemes

Shifting to a proactive rather than reactive enforcement posture in addressing shell companies set up to skirt tariffs requires equipping U.S. Customs and Border Protection with enhanced investigative authorities, better intelligence support, and mechanisms to identify and hold accountable the ultimate illicit actors, say attorneys at Kelley Drye.

Read full article » | Save to favorites »

Chief Justice Says Personal Attacks On Judges 'Got To Stop'

By Katie Buehler

Chief Justice John Roberts on Tuesday condemned the personal attacks on federal judges that have become increasingly common during President Donald Trump's second term in office — and that are often launched by the president himself — and defended the daily work of the judiciary. 

Read full article » | Save to favorites »

Deals In Jackson Walker-Judge Affair A 'Dilemma,' Judge Says

By José Luis Martínez

A Texas federal judge ordered three of Jackson Walker LLP's former bankruptcy clients Tuesday to explain by next month what would happen to money from potential vacaturs or sanctions against the law firm if the estates close after their contested deals get approved.

Read full article » | Save to favorites »

NJ Judge Boots Prosecutor, Orders US Atty Trio's Testimony

By Jack Karp

A New Jersey federal judge on Monday questioned whether Alina Habba is still running the New Jersey U.S. Attorney's Office during a heated hearing where the jurist tossed a supervisory prosecutor from his courtroom and ordered testimony from the trio of attorneys who assumed Habba's responsibilities.

Read full article » | Save to favorites »

Reed Smith Launches In Boston With 12 Attys From 7 Firms

By Tracey Read

Reed Smith LLP has launched its first office in Boston with 12 lawyers from White & Case, Goodwin Procter, McDermott Will & Schulte, Morrison Foerster, Kirkland & Ellis, Weil Gotshal & Manges and K&L Gates, the firm announced Tuesday.

Read full article » | Save to favorites »

'No Disrespect' But Law Prof Mom Not SBF's Atty, Judge Says

By Lauren Berg

A federal judge in Manhattan cautioned retired Stanford Law School professor Barbara Fried, the mother of convicted FTX founder Sam Bankman-Fried, that she cannot make filings on behalf of her son in his bid for a new trial, saying she has not filed an appearance with the court.

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

Indiana Firm Drops Quintairos Prieto 'Mass Exodus' Suit

By Adrian Cruz

Less than a month after suing Quintairos Prieto Wood & Boyer PA for allegedly causing a "mass exodus" of attorneys, Indiana-based Kopka Pinkus Dolin PC has chosen to dismiss the matter, according to a recent court filing.

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

Comer Subpoenas AG Bondi Over Epstein Investigation

By Courtney Bublé

Rep. James Comer, R-Ky., chair of the House Oversight and Reform Committee, issued a subpoena on Tuesday for Attorney General Pam Bondi over the committee's investigation into the late sex offender Jeffrey Epstein.

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

Senate OKs Conservative Think Tank GC As Louisiana Judge

By Courtney Bublé

The Senate voted 51-45 on Tuesday to confirm Anna St. John, president and general counsel of the Hamilton Lincoln Law Institute, as a U.S. district judge for the Eastern District of Louisiana.

Read full article » | Save to favorites »

IP Atty Appeals Order Requiring OK To File WDTX Patent Suits

By Lauren Berg

Intellectual property attorney William Ramey is asking the Federal Circuit to overturn a Texas district judge's sanctions order requiring him to seek the court's permission before filing patent suits in the future, saying the judge relied on the wrong evidence in finding the attorney failed to conduct presuit investigations.

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

Lawmakers Want More Oversight For Antitrust Settlements

By Matthew Perlman

Democratic lawmakers proposed legislation Tuesday that would give courts more power to review settlements reached in government antitrust cases, after the U.S. Department of Justice recently cut a pair of controversial deals, including with Live Nation last week.

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

NJ Justices Create Attorney Readmission Board

By Jake Maher

New Jersey's highest court announced Tuesday it formally established a new body charged with overseeing readmissions of disbarred lawyers through changes to the state's standards for attorney conduct.

Read full article » | Save to favorites »

Pot Co. Escapes Potency Suit, Judge Warns Plaintiff Firm

By Jonathan Capriel

MariMed and other cannabis companies beat claims they intentionally mislabeled their products to sidestep Illinois THC potency limits, with a federal judge highlighting the string of consumer-led suit losses and warning counsel to "heed the strong and universal concerns about the plausibility of their legal theories."

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

Analysis

Prediction Markets Have Opened Compliance 'Pandora's Box'

By Phillip Bantz

The burgeoning prediction market has exploded the definition of what qualifies as confidential corporate information that employees could misuse for personal gain, leaving companies scrambling to update internal policies and guidelines, compliance experts say.

Read full article » | Save to favorites »