4 Firms Advise On $3.4B Apollo, Bayer Contraceptives Deal

By Al Barbarino

Apollo Global Management has agreed to pay €3 billion ($3.4 billion) for a minority stake in Bayer's long-acting reversible contraceptive business, according to a joint announcement Friday. 

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Housing Bill Becomes Law Without Trump's Backing

By Nate Beck

A bipartisan bill to promote more housing supply and limit Wall Street firms from investing in single-family homes became law Saturday by default after President Donald Trump withheld his signature but did not veto the measure.

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4 Firms Steer Chip Giant SK Hynix's Historic $26.5B IPO

By Isaac Monterose

South Korea-based memory semiconductor company SK Hynix Inc. rose in debut trading Friday after pricing a $26.5 billion initial public offering, the largest-ever foreign company listing in U.S. markets, guided by Cleary Gottlieb Steen & Hamilton LLP, Paul Hastings LLP, Shin & Kim LLC and Kim & Chang.

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3 Firms Guide Asian Healthcare Co.'s $500M SPAC Deal

By Al Barbarino

HCC Healthcare Pte. plans to merge with Nasdaq-listed special purpose acquisition company RF Acquisition Corp. III in a business combination valuing HCC at about $500 million in equity value, with three firms advising.

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Brief

White House Accuses Dems Of Sitting On SEC, CFTC Noms

By Jessica Corso

The White House claims that it is waiting on word from Senate Democrats before it can fill longstanding vacancies at the U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission, saying it has asked for a list of names and one has not been provided.

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Del. Justices Nix $16M Fee Award In SpaceX Investment Fight

By Katryna Perera

The Delaware Supreme Court on Friday erased a $16 million fee award stemming from a dispute over a fund manager's handling of a failed $50 million SpaceX investment, concluding that although the fund manager committed a limited breach of a "duty of candor," shifting all litigation expenses to him was unwarranted.

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Fugitive Trader's Wife Must Pay For Divorce Asset Fight

By Aaron Keller

The sanctioned wife of a fugitive Oak Management Corp. trader must pay more than $23,000 to offset expenses a receiver racked up while challenging a divorce agreement that could have siphoned money away from the victims of a $67 million fraud scheme, a Connecticut federal judge concluded on Friday.

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Judge Says $57M Asset Freeze Skips 8 In Chapter 7 Clawback

By Clara Geoghegan

A Connecticut federal judge clarified that her recent ruling putting a hold on $57.4 million in clawback litigation from the Chapter 7 trustee of pump manufacturer The Nash Engineering Co. does not apply to eight defendants who were not initially served notice of a prejudgment remedy motion.

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A New Regulatory Environment For PE In Calif. Healthcare

The California Office of Health Care Affordability's proposed revisions to its cost and market impact review regulations, amid broader state scrutiny of private equity-backed healthcare arrangements, represent a qualitative shift in California's regulatory posture toward institutional healthcare investment, say attorneys at Ropes & Gray.

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Roundup

The Most Talked-About Supreme Court Decisions Of 2026

This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

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Over 2,600 Attys, Professionals Urge Blocking Blanche As AG

By Emma Cueto

More than 2,600 lawyers and legal professionals on Friday urged lawmakers to oppose the nomination of Todd Blanche for attorney general, saying Blanche's dismissal of the idea that the U.S. Department of Justice should be independent from the White House and his record as interim attorney general make him unfit for the role.

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HHS' Ex-GC Committed Ethics Violations, Watchdog Says

By Craig Clough

A watchdog organization filed a complaint Thursday with the U.S. Department of Health and Human Services' Office of Inspector General seeking an investigation into former HHS general counsel Michael Stuart over alleged federal ethics violations, saying it appears he failed to divest from prohibited financial holdings and made prohibited investment purchases after taking office.

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Atty's 'Fabricated Quotes,' 'Reliance on AI' Panned By Judge

By Craig Clough

A New York magistrate judge struck a brief Friday filed by an attorney representing a client suing Roc Nation after finding that it included numerous fabrications that may have resulted from artificial intelligence hallucinations, noting that the attorney has been "repeatedly" sanctioned or warned by multiple courts for the same behavior. 

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11th Circ. Refers Atty For Discipline Over Suspected AI Entries

By Katherine Smith

The Eleventh Circuit on Friday referred an attorney for potential discipline over a brief he filed in a client's retaliation lawsuit against the Florida Department of Corrections, ruling that the attorney failed to explain how several defective quotes and citations ended up in the brief.

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Baker Donelson Wins $45K From Tenn. Firm Over AI Misuse

By Lynn LaRowe

Tennessee personal injury firm Reaves Law Firm PLLC must pay more than $45,000 in attorney fees to Baker Donelson Bearman Caldwell & Berkowitz PC over Reaves Law's misuse of artificial intelligence in a federal malpractice suit against Baker Donelson.

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Davis Wright Atty Hit With Sanctions After Winning Sanctions

By Jeff Overley

After defending six-figure sanctions of plaintiffs lawyers for "a reckless course of prolonging litigation," a Davis Wright Tremaine LLP attorney is facing his own six-figure sanctions, with a California magistrate judge finding he "unnecessarily burdened" opposing counsel despite warnings dating back years about "improper litigation tactics."

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Oura Health Swaps In Sidley For Quinn After Ex-CEO's DQ Bid

By Dorothy Atkins

A California federal judge granted Oura Health's request to swap in Sidley Austin LLP for Quinn Emanuel Urquhart & Sullivan LLP in breach-of-contract litigation by the fitness tracker company's former CEO after the ex-executive sought to disqualify Quinn Emanuel for purportedly having access to his confidential data.

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NY Nonprofits Want ICE Docs On Courthouse Arrest Policies

By Stewart Bishop

Nonprofit groups suing U.S. Immigration and Customs Enforcement over courthouse arrest policies pressed a Manhattan federal judge to force the agency to produce documents and testimony concerning arrests it conducts outside immigration courts after the agency's revised policy concerning such arrests in Manhattan was put on hold.

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Brooklyn Legal Aid Provider's Union Sets Strike Deadline

By Andrea Keckley

The union for the Brooklyn Defender Services has voted to authorize a strike if it doesn't reach an agreement with managers by the morning of July 16.

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11th Circ. Upholds Airline's Win In COVID Discrimination Case

By Irene Spezzamonte

A group of workers for a commercial airline and a related entity failed to support their claims that the companies' COVID-19 pandemic-era policies discriminated against their religious beliefs, the Eleventh Circuit ruled Friday, while sharply criticizing their attorney for his misuse of artificial intelligence.

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UChicago Law Takes On AI With Phone And Laptop Ban

By Matt Perez

The University of Chicago Law School will prohibit the use of electronic devices such as laptops, tablets and phones in all first-year law school sections and courses as part of new policies dictating the use of artificial intelligence at the school.

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4 Takeaways From Probe Of Feb. 2025 Calif. Bar Exam Fiasco

By Emily Sawicki

Poor implementation of the February 2025 California Bar Exam resulted in millions of dollars in extra costs and negatively affected "a significant portion" of test-takers, according to a new report by the California State Auditor.

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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 lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Among the stories in corporate legal news you may have missed in the past week: The SEC chair said this year's corporate proxy season saw none of the "dire predictions" some had forecast, and in a recent survey, hundreds of law firm leaders said they're increasingly losing clients, citing problems in delivering their legal services.

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Law360's Legal Lions Of The Week

By Kevin Penton

Greene Broillet & Wheeler LLP and Ludd & Ludd lead this week's edition of Law360 Legal Lions, after a San Diego jury ordered Hyatt to pay $15.5 million over the death of a guest who was left uncontacted for a day after failing to check out.

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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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