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February 10, 2026
BlackRock Brass Face Derivative Suit Over Coal Investments
Several officers and directors of BlackRock have been hit with a shareholder's derivative suit accusing them of damaging the asset manager's reputation by participating in a scheme to drive up coal prices, an issue at the center of an antitrust suit brought by a coalition of Republican-led states.
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February 10, 2026
Saks Global To Close 9 More Stores In Ch. 11
Saks Global said on Tuesday it plans to close eight Saks Fifth Avenue stores and one Neiman Marcus location in the U.S., as it looks to boost its business through a Chapter 11 restructuring.
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February 10, 2026
Suit Claims OxyChem Is Ducking Superfund Cleanup Costs
Numerous companies potentially responsible for a Superfund site off the Lower Passaic River have accused a newly formed Berkshire Hathaway Inc. subsidiary in New Jersey federal court of skirting its own cleanup obligations, taking aim at the complex reorganization that created the subsidiary.
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February 10, 2026
Texas Justices Unsure Appraisal Is Avoidable In $40M Claim
The Texas Supreme Court on Tuesday wanted to know why the owner of a building that allegedly suffered over $40 million worth of damage after extreme flooding should get to avoid an appraisal its insurer demanded, noting that the owner had already agreed to it.
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February 10, 2026
Presidio Seeks $1B Debt To Fund Deals After SPAC Merger
Oil and gas operator Presidio Investment Holdings on Tuesday revealed that it is working with banking giant Goldman Sachs on a debt facility worth up to $1 billion to be administered once it completes its merger with special purpose acquisition company EQV Ventures Acquisition Corp. and becomes a public company.
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February 10, 2026
Freshfields, Kirkland Steer $6.2B Clear Channel Outdoor Deal
Advertising company Clear Channel Outdoor Holdings Inc. has agreed to be acquired by Mubadala Capital in partnership with TWG Global in an all-cash deal valuing the company at $6.2 billion.
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February 10, 2026
AI Docs Sent By Exec To Attys Not Privileged, Judge Says
A Manhattan federal judge said Tuesday that a Texas financial services executive accused of a $150 million fraud cannot claim privilege over documents that he prepared using an artificial intelligence service and sent to his attorneys — but suggested the materials could be problematic if used at trial.
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February 09, 2026
Jury Seated For Texas Business Court's First Trial
The first-ever jury in the Texas Business Court was seated Monday evening, setting the stage for a trial in which an investor seeks to enforce his purported ownership in an oil export terminal project on the Gulf Coast.
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February 09, 2026
Texas AG Slams Animal Processing Plant's 'Death' Smell
An animal byproducts processing plant in Bastrop, Texas, illegally spewed chemicals and foul odors that smelled like "death" into surrounding communities, Texas Attorney General Ken Paxton alleged Monday in an enforcement action.
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February 09, 2026
5th Circ. Tosses Challenge To La. 340B Discount Drug Rule
A Fifth Circuit panel upheld on Monday a Louisiana law that allows the state to stop prescription drug manufacturers from blocking safety-net healthcare providers from contracting with outside pharmacies to dispense discounted medicines under the federal 340B Discount Drug program.
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February 09, 2026
Insurer Fights To Keep Wrongful Death Coverage Suit Alive
A Liberty Mutual unit should be able to proceed with its suit over coverage for a healthcare company facing eight wrongful death actions, the insurer told a Texas federal court, saying the present action is the only one in which the question of coverage is presently and properly joined.
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February 09, 2026
Texas, Mo. Ask Court To Keep 'Remain In Mexico' Suit Intact
Texas and Missouri claimed they have standing to challenge a Biden-era decision to do away with the "Remain in Mexico" policy, telling a Texas federal judge Friday that vacatur of the last administration's decision is appropriate even though the Trump administration reinstated the policy.
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February 09, 2026
Sports Flooring Makers Want Antitrust Merger Suit Tossed
A manufacturer of flooring for sporting events has asked a Utah federal judge to toss an antitrust suit from several of its distributors, casting doubt on claims that its recent acquisition of a competing company is an anticompetitive power play.
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February 09, 2026
Insurer Says No Coverage For $10M Truck Crash Dispute
An insurer said it has no duty to defend or indemnify a transportation company or one of its truck drivers against another worker's $10 million suit stemming from a crash, telling a Texas federal court that the policy excludes coverage for bodily injury to employees and fellow employees.
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February 09, 2026
Baker Botts Hires Greenberg Traurig Energy Pro In Texas
Baker Botts LLP announced Monday that it has added a partner in Austin, Texas, with substantial energy project experience who came aboard from Greenberg Traurig LLP.
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February 09, 2026
Blockchain Co. Archblock Files Ch. 11 With Debt Over $100M
Blockchain financial technology company Archblock LLC filed for Chapter 11 bankruptcy relief in Delaware, listing more than $100 million in liabilities and less than $10 million in assets.
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February 06, 2026
5th Circ. Backs Trump Admin On Immigrants' Bond Ineligibility
A split Fifth Circuit on Friday blessed the Trump administration's policy calling for immigrants who entered the U.S. without authorization to remain in detention without a bond hearing, saying the administration is acting within its "full enforcement authority."
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February 06, 2026
5th Circ. Backs Texas Farm Bureau In Ex-Manager's OT Suit
The Fifth Circuit found Friday that a former Texas Farm Bureau agency manager failed to prove his old employer owes him overtime pay, saying the ex-employee didn't show that the Farm Bureau knew he was working overtime.
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February 06, 2026
Ch. 11 Judge Urged To Suspend 'Dictatorial' FAT Brands CEO
FAT Brands creditors asked a Texas bankruptcy judge Thursday to suspend the restaurant franchiser's CEO Andrew Wiederhorn, arguing that within days of filing Chapter 11, Wiederhorn sold $3.1 million in equity without court approval, proving he's "dictatorial" and is "incapable of distinguishing a public company's property from his own."
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February 06, 2026
Real Estate Recap: Data Center Moratoriums, Fraud Detection
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the states that may pump the brakes on data center construction and what private real estate lenders should know about fraud risk.
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February 06, 2026
Tesla, X Accused Of Infringing Voice Assistance Tech Patent
Tesla Inc., X Corp., and an Indian technology company were all hit with patent infringement lawsuits in Texas federal court over their technology that uses voice assistance.
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February 06, 2026
Linqto Gets OK For Ch. 11 Plan With Stock Deal
A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.
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February 06, 2026
Chrysler Muscle Car Drivers Sue Over Seat Height Adjusters
Chrysler and Dodge's parent company sold millions of vehicles with defective seat height adjusters that create an "unreasonable risk of injury or death" during collisions and then hid the defect from authorities, alleges a proposed class action filed in Texas federal court.
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February 06, 2026
Judge Tosses Suit Over Feds' Abandoned Border Fencing
A federal judge has said a Texas company seeking $11 million from the U.S. government for saddling it with thousands of panels for an abandoned border wall project could not show the unusual situation amounted to an uncompensated taking of its property.
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February 06, 2026
Jury Awards $8.4M In Oilfield Trade Secrets Theft Case
A Texas federal jury has handed an oilfield services company $8.4 million in damages after finding a rival had willfully pilfered trade secrets related to nitrogen rejection unit technology when an employee left to start the rival firm.
Expert Analysis
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Opinion
High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Series
Traveling Solo Makes Me A Better Lawyer
Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
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How The FTC Is Stepping Up Subscription Enforcement
Despite the demise of the Federal Trade Commission's click-to-cancel rule in July, the commission has not only maintained its regulatory momentum, but also set new compliance benchmarks through recent high-profile settlements with Match.com, Chegg and Amazon, say attorneys at Holland & Knight.
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Bid Protest Spotlight: Documentation, Overrides, Eligibility
Recent decisions by the U.S. Court of Federal Claims and the U.S. Government Accountability Office illustrate the importance of contemporaneous documentation in proposal evaluations, the standards for an agency’s override of a Competition in Contracting Act stay, and the regulatory requirements for small business joint ventures, says Cody Fisher at MoFo.
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ConvergeOne Ruling May Disrupt Backstop Fee Approach
A Texas federal court's recent ruling in ConvergeOne has the potential to seriously disrupt previously accepted market practice when it comes to sourcing new capital for a restructuring, while offering a nebulous market test for a new approach, say attorneys at Ropes & Gray.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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What The New Nondomiciled-Trucker Rule Means For Carriers
A new Federal Motor Carrier Safety Administration interim final rule restricting states' issuance of commercial drivers licenses to nondomiciled drivers does not alter motor carriers' obligations to verify drivers' qualifications, but may create disruptions by reducing the number of eligible drivers, say attorneys at Benesch.
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Protecting Sensitive Court Filings After Recent Cyber Breach
In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.
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DOJ Chemical Seizure Shows Broad Civil Forfeiture Authority
The U.S. Department of Justice’s recent seizure of meth precursor chemicals en route from China to Mexico illustrates the U.S. government's powerful jurisdictional reach to seek forfeiture of cartel-related assets, and company compliance programs must take note, say attorneys at White & Case.
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Unleashing LNG And Oil Exports With The Deepwater Port Act
The U.S. Department of Transportation and its Maritime Administration are now poised to use the streamlined licensing process of an existing statutory framework — the Deepwater Port Act — to approve proposed offshore terminals for exporting oil and liquefied natural gas, thus advancing the Trump administration's energy agenda, says Joanne Rotondi at Hogan Lovells.
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High Court Right-To-Counsel Case Could Have Seismic Impact
The U.S. Supreme Court will hear arguments next week in Villarreal v. Texas about whether prohibiting testimony discussions between defendants and their counsel during an overnight recess violates the Sixth Amendment, and the eventual decision could impose a barrier in the attorney-client relationship, say attorneys at Arnold & Porter.
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Gauging SEC Short-Sale Rules' Future After 5th Circ. Remand
Though the Fifth Circuit recently remanded to the U.S. Securities and Exchange Commission two Biden-era rules requiring disclosure of securities lending and short-sale activity in order to consider the rules' cumulative economic impact, it's possible they will get reproposed, meaning compliance timelines could change, says Scott Budlong at Barnes & Thornburg.
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.