President Donald Trump's first administration was well within its legal authority to increase tariffs on Chinese goods under a law utilized to address unfair trading practices, and the U.S. Supreme Court doesn't need to consider a challenge to those measures, the government told the justices.
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TOP NEWS

Trump 1st-Term Tariff Hikes On China Legal, Feds Tell Justices

By Dylan Moroses

President Donald Trump's first administration was well within its legal authority to increase tariffs on Chinese goods under a law utilized to address unfair trading practices, and the U.S. Supreme Court doesn't need to consider a challenge to those measures, the government told the justices.

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2nd Circ. Backs Fed Reserve's Power To Cut Master Accounts

By Lauren Berg

The Federal Reserve has broad discretion to cut financial institutions off from master accounts, the Second Circuit ruled Wednesday, rejecting a Puerto Rico bank's argument that it has a statutory right to what is commonly referred to as "bank accounts for banks."

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Trade Court OKs Chinese Gum Zero Duty Rate On Remand

By Jack McLoone

The U.S. Department of Commerce cleaned up its evaluation of the energy used by a Chinese company in the production of a gum used as a food thickener, the Court of International Trade said, signing off on the agency's decision to zero the company's duty rate.

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Aluminum Tariff-Dodging Cos. Ink $550M FCA Deal With Feds

By Lauren Berg

A group of California businesses agreed to pay nearly $550 million to resolve civil allegations that they lied to U.S. Customs and Border Protection to avoid paying duties on extruded aluminum imported into the U.S. from China, the U.S. Department of Justice announced on Wednesday.

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Spain Can't Delay $47M Award Collection, D.C. Judge Says

By Caroline Simson

A D.C. federal judge nixed Spain's bid to pause litigation aimed at enforcing a renewable energy investor's arbitral award now worth more than $47 million, ruling that the "long and difficult trail" faced by award creditor Blasket Renewable Investments LLC made a stay inappropriate.

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POLICY & REGULATION

Brief

Indian Chromium Trioxide Facing Countervailing Duty

By Jack McLoone

Imports of a compound used primarily in wood preservation, metal finishing and plating from India could be hit with a countervailing duty after the U.S. Department of Commerce determined Wednesday that producers and exporters are receiving government subsidies.

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Brief

Canada Allocating Over $3.4M To Firms Hit By US Tariffs

By Jack McLoone

The Canadian government has announced a total of over CA$4.7 million ($3.4 million) in grants to support small or medium-size aluminum businesses this week to help the companies cope with U.S. tariffs, including nearly CA$2.1 million in funding Wednesday.

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LITIGATION

Nvidia, SK Hynix, Kioxia Face Memory Patent Litigation

By Adam Lidgett

A Texas-based technology company has launched new patent infringement suits at district courts in the Lone Star State and Delaware as well as at the U.S. International Trade Commission, targeting companies such as Nvidia Corp., Corsair Gaming and Western Digital.

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Super Micro Hit With Investor Suit Over China Chip Sales

By Zak Kostro

A Super Micro Computer Inc. investor says he suffered losses as a result of a secret and illegal sale of servers embedded with Nvidia chips to China and the company's misleading statements, leading to a drop in its stock price, according to a proposed class action in California federal court.

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EXPERT ANALYSIS

How Cos. Can Navigate Iran Sanctions Risks In China

For multinational financial institutions and other companies caught between the U.S. and China’s competing compliance regimes as they relate to Iranian oil, finding a path forward will require careful, jurisdiction-specific analysis, say attorneys at Perkins Coie and Ashurst.

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Series

The Biz Court Digest: Georgia Court Has Business On Its Mind

Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

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LEGAL INDUSTRY

Analysis

Insider Trading Case Shows BigLaw Associate Vetting Gaps

By Chris Villani

A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

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DOJ Asserts Broad Power In BigLaw Executive Order Appeal

By Jared Foretek

A Trump administration attorney told the D.C. Circuit on Thursday that the courts have no authority to review the president's decision to revoke someone's security clearance for any reason, including race, religion, or even refusal to pay a $1 million bribe.

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Trump's 8th Circ. Pick Clears Senate Panel Vote

By Courtney Bublé

President Donald Trump's nominee for the Eighth Circuit, who represented the president in the cases brought by writer E. Jean Carroll, advanced to the full Senate on Thursday.

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Thomas Urges Defense Of Constitution At Judicial Conference

By Carolina Bolado

U.S. Supreme Court Justice Clarence Thomas urged attendees at the Eleventh Circuit Judicial Conference on Thursday to "stand up" for the U.S. Constitution and to see the positives in the country, despite its flaws, on its 250th birthday.

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Fenwick Hit With FTX Suit In DC Over $525M Losses

By Emily Lever

A group of former FTX customers has sued Fenwick & West LLP in federal court in Washington over its work representing FTX from 2018 to 2022, seeking to recover more than $525 million for losses stemming from the cryptocurrency exchange's collapse.

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NYC Bar Endorses Random Audits For Law Firm Accounts

By Emily Sawicki

The New York City Bar Association's Professional Discipline Committee on Thursday threw its support behind a statewide bill to institute a random audit program for law firm financial accounts.

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Ogletree Fights Atty's Discovery Bid For DQ Push In Bias Suit

By Lynn LaRowe

A Georgia federal court should deny a bid for discovery aimed at disqualifying Ogletree Deakins Nash Smoak & Stewart PC from defending a security company against discrimination claims because the request stems from the plaintiff's lawyer's "personal grievances," the company said Thursday.

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Lover's Ex-Wife Fights Sinema's Request For Therapy Notes

By Abigail Harrison

A bid by former U.S. Sen. Kyrsten Sinema of Arizona to unearth notes and communications from a therapist working with her lover's ex-wife should be summarily denied, as the ex-wife, Heather Ammel, told a North Carolina federal court Thursday that the request is a clear overreach.

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8th Circ. Backs Dismissal Of Horse Breeder's Malpractice Suit

By Tom Lotshaw

The Eighth Circuit said a federal judge was right to dismiss a malpractice suit a Minnesota horse breeder brought against Porter Wright Morris & Arthur LLP and one of its former attorneys for mishandling malpractice cases against three other firms.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Ashurst LLP

Bayard PA

Bradford Andresen

Clement & Murphy

Cooley LLP

Dorsey & Whitney

Fenwick & West

Foley & Mansfield

Goodwin Procter

Grunfeld Desiderio

Hagens Berman

Hogan Lovells

Jenner & Block

Jones Day

King & Spalding

Kirkland & Ellis

Koskoff Koskoff

Larson LLP

Latham & Watkins

Lehman Lee

Liang Ly

Lowell & Associates

Munger Tolles

Ogletree Deakins

Paul Weiss

Perkins Coie

Porter Wright

Poyner Spruill

Sidley Austin

Simpson Thacher & Bartlett

Susman Godfrey

Taft Stettinius

Van Camp Meacham

Wachtell Lipton

Warren Benson Law

Watkins Calcara

Weil Gotshal

Wiley Rein

Williams & Connolly

WilmerHale

Winston & Strawn

COMPANIES IN TODAY'S NEWS

ADT Inc.

Banco San Juan Internacional Inc.

Beacon Hill Staffing Group LLC

Corsair

Halstead International Inc.

International Centre for Settlement of Investment Disputes

Johnson & Johnson

Kioxia Corp.

Microsoft Corp.

Momenta Pharmaceuticals Inc.

NVIDIA Corp.

Neimenggu Fufeng Biotechnologies

New York City Bar Association

Otis Worldwide Corp.

Rapport

SK Hynix Inc.

Super Micro Computer Inc.

Watanabe Schwartz

Western Digital Corp.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Equal Employment Opportunity Commission

European Commission

Executive Office of the President

Federal Bureau of Investigation

Federal Reserve Bank of New York

Federal Reserve Bank of Richmond

Federal Reserve System

Georgia Department of Labor

International Trade Commission

Office of Foreign Assets Control

U.S. Attorney's Office for the Central District of California

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

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Customs and Border Protection

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of the Treasury

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 Delaware

U.S. District Court for the District of Massachusetts

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 Texas

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

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Southern District of Georgia

World Trade Organization