Trump To Drop Scottish Whiskey Tariffs After UK Royal Visit

By Dylan Moroses

The U.S. will grant imported whiskey from the United Kingdom preferential tariff treatment following the visit to the U.S. by King Charles and Queen Camilla, President Donald Trump said on social media Thursday.

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ITC Proposes Litigation Funding Disclosure Rule For IP Cases

By Ryan Davis

The U.S. International Trade Commission on Thursday proposed a new rule that would require litigants in intellectual property cases before the commission to disclose information about entities that have an ownership or financial interest in the case, including litigation funders.

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How They Won It

How Sullivan & Cromwell Won An $18B 'Bet The Country' Case

By Chris Villani

It is not often that a Second Circuit ruling is hailed as "the greatest legal achievement in national history" by a country's president, but that's what happened after a team from Sullivan & Cromwell LLP persuaded the appellate panel to nix an $18 billion judgment against Argentina.

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Brief

Commerce Finalizes Steep Duties On Russian Palladium

By Dylan Moroses

The U.S. Department of Commerce finalized triple-digit antidumping duty rates on imported palladium from Russia, according to a notice published Thursday.

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EU-South American Provisional Trade Deal Takes Effect Friday

By Dylan Moroses

The European Union's interim trade agreement with four countries in the South American regional bloc known as Mercosur will begin to apply on a provisional basis Friday, according to news releases issued by the European Commission and members of European Parliament on Thursday.

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Critical Mineral Restrictions Up 500% From 2009, OECD Says

By Jack McLoone

Global export restrictions on critical raw materials that are key for digital and renewable energy technologies increased fivefold between 2009 and 2024, which could lead to greater risks of supply chain vulnerabilities, the Organization for Economic Cooperation and Development said.

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Fla. High Court Allows Email Service To Foreign Debtor

By David Minsky

The Florida Supreme Court declined to hear a case involving a Maltese citizen's challenge of email service in a law firm's lawsuit to collect fees, validating a recent state law that allows parties to bypass the Hague Convention to serve legal documents to foreign entities electronically.

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Ex-Shareholders, Reed Smith Seek End To Eletson Suit

By Rick Archer

Former shareholders of Eletson Holdings on Thursday joined with their ex-Eletson counsel at Reed Smith to ask a New York bankruptcy judge to dismiss a suit claiming they had schemed to seize control of Eletson assets in defiance of the company's Chapter 11 plan.

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Senate Advances Mont. Judge Pick Rated Unqualified By ABA

By Courtney Bublé

A judicial nominee for the District of Montana who was the only nominee of the second Trump administration so far to receive a "not qualified" rating from the American Bar Association advanced out of committee on Thursday.

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Senate Dems Press Lutnick On Stablecoin Co.'s Loan To Trust

By Joyce Hanson

Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., on Thursday told Commerce Secretary Howard Lutnick and the CEO of El Salvador-based Tether that they want information about the stablecoin company's reported loan to a trust benefiting Lutnick's four children.

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Series

Playing Magic: The Gathering Makes Me A Better Lawyer

The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

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Q&A

How Paul Clement Does It All

By Katie Buehler

For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers. 

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Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

By Dorothy Atkins

The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

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Law360's Legal Lions Of The Week

By Kevin Penton

Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.

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Whistleblower Says DOJ Rushed SPLC Indictment

By Courtney Bublé

A whistleblower has come forward to say a top U.S. Department of Justice official ordered prosecutors in Alabama to "rush" the indictment of the Southern Poverty Law Center despite concerns about the viability of the case, according to Democrats on the House Judiciary Committee.

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California High Court Rejects Dunn's Bid To Nix Suspension

By Adrian Cruz

The California Supreme Court has declined to review a California State Bar decision to impose a one-year stayed suspension on former State Bar executive Joseph Dunn.

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FTC, DOJ Say ABA Reliance Limits Law School Competition

By Matthew Perlman

The Federal Trade Commission and the U.S. Department of Justice Antitrust Division told the Tennessee Supreme Court the American Bar Association's monopoly over law school accreditations is driving up the cost of legal education.

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Analysis

SEC's Corp. Governance Shift Puts Onus On States, Cos.

By Sarah Jarvis

Lawyers who work with clients on corporate governance matters had a warm response to a recent pledge from U.S. Securities and Exchange Commission Chairman Paul Atkins to let states handle such issues, saying the shift marks a return to the agency's historical approach and may spur increased activity among state regulators.

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Ex-Bondi Adviser Tapped As Fraud Task Force's Chief Lawyer

By Phillip Bantz

Ousted U.S. Attorney General Pam Bondi's former adviser is taking on a new role as general counsel for the White House's fraud task force.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A pair of proxy advisory firms have sued two state attorneys general over laws they say impose burdensome requirements for issuing recommendations that go against corporate managers' wishes. Meanwhile, KPMG reports that legal is evolving into a key driver of business performance, and AI is a core component of the department. These are some of the stories in corporate legal news you may have missed in the past week.

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Roundup

The Top In-House Hires Of April

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Intel, Colgate and Tripadvisor. Here, Law360 Pulse looks at some of the top in-house announcements from April.

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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 a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

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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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