Elon Musk saw his once-$56 billion, now larger, Tesla Inc. compensation package rescued Friday, as the Delaware Supreme Court reversed a lower court ruling from January 2024 that voided a board and stockholder-approved pay deal.
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Del. Justices Reinstate Elon Musk's $56B-Plus Pay Package

By Jeff Montgomery

Elon Musk saw his once-$56 billion, now larger, Tesla Inc. compensation package rescued Friday, as the Delaware Supreme Court reversed a lower court ruling from January 2024 that voided a board and stockholder-approved pay deal.

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Rail Giants Pitch $85B Deal To Transportation Regulators

By Matthew Perlman

Union Pacific Corp. and Norfolk Southern Corp. submitted the required application for their planned $85 billion merger on Friday, telling regulators the rail networks have few overlaps and that a combined system will allow freight to move faster and more efficiently across the country.

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App Makers Tell 9th Circ. It Got Google Maps Facts Wrong

By Bryan Koenig

App makers asked the Ninth Circuit to rethink their proposed antitrust class action accusing Google of locking out rival maps products, arguing a panel refused to revive the case only because it did "not address and ignored" their allegations.

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Chancery Keeps Alive Electric Vehicle Co. SPAC Suit

By Jeff Montgomery

Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed supply chain problems.

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ENERGY

Michigan Can't Shut Down Enbridge Pipeline, Judge Says

By Caroline Simson

A federal judge has agreed with energy infrastructure company Enbridge that Michigan cannot unilaterally shut down an international petroleum pipeline that crosses the Great Lakes, ruling that oversight of the pipeline falls to the federal government.

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IRS Relaxes Carbon Capture Credit's Environmental Reporting

By Kat Lucero

The Internal Revenue Service released guidance Friday easing the carbon capture tax credit's environmental reporting requirements, taking effect by the end of the year, for energy systems that permanently secure the emissions in geological locations, such as deep underground rock formations.

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INFRASTRUCTURE

Analysis

BigLaw And Boutiques Both Shine In 2025's Top 10 Deals

By Al Barbarino

A tight circle of elite law firms guided the way as megadeals roared back with force in 2025, while a small group of specialist and international firms also made their mark across global transactions spanning infrastructure, gaming, pharmaceuticals, artificial intelligence and energy.

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Feature

The 6 Biggest Rulings By Massachusetts' Top Court In 2025

By Chris Villani

Massachusetts' top court rejected a novel double jeopardy claim in a headline-grabbing murder case, revived claims against Harvard over a "ghoulish" scheme, and said a Snapchat Bitmoji could show police bias, among other significant rulings this year.

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AUTOMOTIVE

Driver Scantly Involved In Crash Can't Skirt Liability

By Mark Payne

A Michigan appellate panel upheld a trial court's finding that a vehicle can be considered involved in a crash even if it made minimal contact with other cars if its driver's emergency actions contribute to the overall crash, and a jury should determine the insurer's liability in a no-fault dispute.

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GM Says Brake Defect Suit Fails Because Cars Were Repaired

By P.J. D'Annunzio

General Motors asked a Pennsylvania federal judge to dismiss a putative class action accusing the automaker of selling vehicles with defective brake systems, arguing because the plaintiffs had their vehicles repaired by the carmaker's dealers, no harm was done.

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LOGISTICS

Michigan's 5 Biggest Court Rulings Of 2025

By Carolyn Muyskens

Michigan courts had a memorable year in 2025, issuing rulings that extended protections against automatic life sentences to young adults, struck down abortion restrictions and pulled the plug on criminal cases related to President Donald Trump's so-called fake elector plot.

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INSURANCE

Geico Agents Secure Some Discovery In Misclassification Suit

By Benjamin Morse

Geico must produce more information related to a retaliation claim and the authenticity and completeness of its retirement and welfare plans in a suit lodged by former agents alleging the insurer denied them benefits by misclassifying them as independent contractors, an Ohio federal judge ruled.

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EXPERT ANALYSIS

A 6th Circ. Snapshot: 3 Cases That Defined 2025

With more than a thousand opinions issued this year, three rulings from the Sixth Circuit stood out for the impact they'll have on the practice of civil procedure, including a net neutrality decision, a class certification standards ruling and an opinion about vulgarity in school, say attorneys at Ice Miller.

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How Fractional GCs Can Manage Risks Of Engagement

As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

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LEGAL INDUSTRY

Hogan Lovells, Cadwalader's Divergent Paths Led To Deal

By Aebra Coe

The blockbuster combination between Hogan Lovells and Cadwalader Wickersham & Taft LLP announced this past week involves two law firms that have charted very different paths in recent years. Here, a look at what events led up to the firms joining together at the deal table.

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Analysis

More Pardon Seekers Going 'Straight To The White House'

By Phillip Bantz

A nonprofit's unusual plan to make a mass pardon request directly to the Trump administration highlights burgeoning optimism among white collar defendants about their chances of securing relief, and a recognition that the clearest path to clemency no longer runs through the traditional channels.

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4 Stories That Shaped Civil Rights, Access To Justice In 2025

By Marco Poggio

Civil rights and access to justice advocates faced mounting pressure in 2025, as President Donald Trump's return to office drove aggressive immigration enforcement, deep cuts to criminal justice funding, renewed Supreme Court scrutiny of the Voting Rights Act, and a steep increase in executions.

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Federal Courts Not Subject To FOIA, DC Judge Rules

By Jake Maher

The conservative litigation group America First Legal Foundation cannot demand documents from the federal Judicial Conference of the U.S. and the Administrative Office of the U.S. Courts under the Freedom of Information Act because they are not executive agencies, a D.C. federal judge ruled Thursday.

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Wis. Judge's Conviction In ICE Case Tees Up Legal Battle

By Ryan Boysen

The conviction of a Wisconsin state judge for obstructing ICE officers is just the start of what will likely be a long legal battle, with major questions over judicial immunity, the evidence at hand and the meaning of "corrupt" yet to be decided.

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Justices Let Immigration Judges' Free Speech Suit Continue

By Ganesh Setty

The U.S. Supreme Court ruled on Friday that the Trump administration has failed to show it will be irreparably harmed by a Fourth Circuit decision that revived immigration judges' lawsuit challenging restrictions on their ability to speak publicly.

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Florida Supreme Court Approves Limits For Non-Lawyer Roles

By Madison Arnold

The Florida Supreme Court has signed off on a rule change to spell out that nonlawyers at a law firm cannot supervise the work of attorneys or perform policymaking duties that affect the practice of law.

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Keesal Young Drops Part Of Stradley Ronon Poaching Suit

By Madison Arnold

Keesal Young & Logan wants to drop part of its California state court lawsuit alleging Stradley Ronon Stevens & Young LLP unlawfully recruited 10 of its attorneys.

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Roundup

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

By Laura Stewart Liberty

This past week in London has seen the designer of an 88-facet diamond bring a copyright claim against a luxury watch retailer, collapsed firm Axiom Ince bring legal action against the solicitors' watchdog, and the Post Office hit with compensation claims from two former branch managers over their wrongful convictions during the Horizon information technology scandal.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

In one of the stories in corporate legal news from the past week, almost half of the in-house legal professionals in a recent survey said they were either actively or passively seeking new jobs, citing stress, a struggle to build multidisciplinary teams and anxiety around artificial intelligence.

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Law360's Legal Lions Of The Week

By Kevin Penton

Five firms lead this week's edition of Law360 Legal Lions, after the D.C. Circuit reinstated an order that blocked the U.S. Environmental Protection Agency from freezing grants for climate change projects.

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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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COMPANIES IN TODAY'S NEWS

Air Lease Corp.

Alphabet Inc.

American Automobile Association

American Bar Association

American Civil Liberties Union

Apollo Global Management LLC

Balfour Beatty PLC

Binance Holdings Ltd.

BlackRock Inc.

Blickstein Group

Bouygues

Brotherhood of Locomotive Engineers & Trainmen

Canadian Pacific Railway Ltd.

Charter Communications Inc.

Chevron Corp.

Citigroup Inc.

Comcast Corp.

Council on Criminal Justice

Cox Communications Inc.

Davies Group Ltd.

Dealogic LLC

Dell Technologies Inc.

Electronic Arts Inc.

Enbridge Energy Partners LP

FTI Consulting Inc.

Federation Internationale de Football Association

Fort Point Capital

Galliford Try

Gallup Inc.

Geico Corp.

Global Infrastructure Partners

GoJet Airlines LLC

Google LLC

H. Lundbeck A S

HSBC Holdings PLC

Harvard University

Home Box Office Inc.

Johnson & Johnson

Juvenile Law Center

Kansas City Southern

Kimberly-Clark Corp.

Krka dd Novo Mesto

LinkedIn Corp.

Macquarie Group Ltd.

Massachusetts Bay Transportation Authority

Mexican American Legal Defense & Educational Fund

Michelin Group

NAACP Legal Defense & Educational Fund Inc.

Nasdaq Inc.

Natural Resources Defense Council

Netflix Inc.

Norfolk Southern Corp.

SMBC Aviation Capital Ltd.

Snap Inc.

Solicitors Regulation Authority Ltd.

Stanford University

Stantec Inc.

Starbucks Corp.

Suncor Energy Inc.

Syncsort Inc.

Tesla Inc.

The Cigna Group

The Council of State Governments

The Florida Bar

Twitter Inc.

Union Pacific Corp.

Vodafone Group PLC

Volkswagen AG

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Andrews & Springer

Arnold & Clifford

Arnold & Porter

Ashby & Geddes

Ashurst LLP

Atkinson Andelson

Baker Botts

Beasley Allen

Berger Montague

Bernstein Litowitz

Boies Schiller

Cadwalader Wickersham

Clyde & Co

Collins Einhorn

Conlin McKenney

Constantine Law Ltd

Cooley LLP

Covington & Burling

Cravath Swaine

DAC Beachcroft

DLA Piper

David Boies

Davis Polk

Debevoise & Plimpton

Dickinson Wright

Duane Morris

Fahey Schultz

Farrar & Ball

Fennemore

Fenwick & West

Fieldfisher

Foley Hoag

Freshfields

Friedman Oster

Gateley PLC

Gibbons PC

Gibson Dunn

Gimbel Reilly

Gowling WLG

Grant & Eisenhofer

Gunderson Dettmer

Hagens Berman

Harbottle & Lewis

Hay & Kilner

Hodel Wilks

Hogan Lovells

Holwell Shuster

Honigman LLP

Ice Miller

Jenner & Block

Joffe & Associes

Jones Day

K&L Gates

Kasowitz LLP

Kaster & Lynch

Kaster Lynch

Keesal Young

Keller Postman

Kennedys Law LLP

Keoghs LLP

Kirkland & Ellis

Klehr Harrison

Korein Tillery

Latham & Watkins

Lemberg Law

Lewis Silkin

Liskow & Lewis

Margrave Law

Mayer Brown

McDermott Will & Schulte

McGuireWoods

Meitar

Mike Morse Law Firm

Milbank LLP

Morris Nichols

Munger Tolles

Nelson Mullins

Nematzadeh PLLC

Nixon Peabody

Orrick Herrington

Paul Hastings

Pillsbury Winthrop

Proskauer Rose

Quarles & Brady

Quinn Emanuel

Reed Smith

Richards Layton

Robbins Geller

Robinson Calcagnie

Ross Aronstam

Sharpe Pritchard

Sheppard Mullin

Shook Hardy

Shoosmiths LLP

Sidley Austin

Simons Muirhead Burton

Simpson Thacher & Bartlett LLP

Skadden Arps

Spratt Endicott

Steptoe LLP

Stone King

Stradley Ronon

Strang Bradley

Stroock & Stroock

Trethowans LLP

Troutman

Tucker Ellis

Venable LLP

Victor M. Glasberg & Associates

Wachtell Lipton

White & Case

WilmerHale

Winston & Strawn

Womble Bond

Zimmer Citron

gunnercooke LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office for Immigration Review

Federal Communications Commission

Federal Judicial Center

Financial Crimes Enforcement Network

Florida Supreme Court

Internal Revenue Service

International Trade Commission

Michigan Supreme Court

New Jersey Attorney General's Office

Office of Justice Programs

Social Security Administration

Surface Transportation Board

U.S. Air Force

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Customs and Border Protection

U.S. Department of Justice

U.S. Department of the Interior

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

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

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

U.S. District Court for the Southern District of New York

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

U.S. Environmental Protection Agency

U.S. Government Accountability Office

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

United States District Court for the Eastern District of Wisconsin

United States District Court for the Southern District of Ohio