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  White House Rescinds Trump's Spending Freeze

  By Julie Manganis

  The White House on Wednesday rescinded a directive freezing federal funding, saying it wants to end litigation a...(read more)

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  AI Art Needs Human Input For Copyrights, Gov't Report Says

  By Ivan Moreno

  Simply directing artificial intelligence platforms to make art, music, videos and other creative works is not en...(read more)

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• Jones Day Told To Provide Ex-Attys Family Leave Memo

  By Lauren Berg

  Jones Day must hand over a memo from December 1993 to two ex-associates suing the firm over its allegedly discriminatory family leave policy, a D.C. federal judge ruled Wednesday, saying the firm had placed it "at issue" in the case and waiving any privilege that might have shielded the document.

• 'DO NOT RESPOND': CFPB Union Calls Buyout Email A Trap

  By Jon Hill

  The Consumer Financial Protection Bureau's union has urged staff at the agency to refrain from responding to the Trump administration's buyout offer for federal employees, describing it as a potential trap and suggesting they consider marking it as spam instead.

• Meta To Pay $25M To End Trump's Account Suspension Suit

  By Lauren Berg

  Meta Platforms confirmed Wednesday that the company and its CEO, Mark Zuckerberg, have agreed to pay $25 million to settle the lawsuit that President Donald Trump filed after the social media company suspended his account following the 2021 attack on the U.S. Capitol over concerns he would incite further attacks.

• SEC Says PE Firm Defrauded Investors In $1B Fund

  By Jessica Corso

  The U.S. Securities and Exchange Commission sued a private equity firm in Florida federal court Wednesday, alleging that it defrauded investors in a $1 billion fund by, among other things, falsely promising to segregate their assets and by transferring tens of millions of dollars into bank accounts held by the fund's leading executives.

• Fed. Circ. Affirms Delaying Biosimilars For Regeneron's Eylea

  By Dani Kass

  A West Virginia federal judge has the power to oversee patent infringement litigation against drugmakers from South Korea and Germany and stop them from launching biosimilar versions of Regeneron's blockbuster eye disease treatment Eylea, the Federal Circuit said Wednesday.

• Full Fed. Circ. Won't Allow MSN To Launch Generic Entresto

  By Dani Kass

  The Federal Circuit is standing by its decision to bar MSN Pharmaceuticals from launching a generic version of Novartis' bestseller, the cardiovascular drug Entresto, as Novartis tries to persuade the court that it deserves an injunction through July. 

• Chinese Co. Execs Convicted Of Fentanyl Import Scheme

  By Stewart Bishop

  Two former executives of a Chinese chemical company were convicted Wednesday of charges related to a purported scheme to import fentanyl precursor chemicals in order to manufacture large quantities of the drug, as well as laundering funds.

• 4 Questions About Trump's Federal Worker Resignation Policy

  By Max Kutner

  President Donald Trump’s offer of letting federal workers resign with several months of paid administrative leave raises questions about its legality and whether workers will actually get paid, attorneys said. Here, Law360 explores four questions that stem from the policy.

• Spirit Spurns Frontier Offer In Favor Of Ch. 11 Debt Swap

  By Vince Sullivan

  Bankrupt air carrier Spirit Airlines Inc. said in public securities filings Wednesday that it has rejected an offer from competitor Frontier Airlines to merge and will instead continue pursuit of its prearranged restructuring plan set for confirmation in mid-February because the terms of the Frontier proposal would leave creditors worse off.

• JCPenney Says Jackson Walker Owes $1M For Judge's Affair

  By Jack Karp

  Jackson Walker LLP should have to return the more than $1 million paid to it by J.C. Penney given the firm's failure to disclose that one of its partners had a romantic relationship with the judge who had overseen the retailer's bankruptcy, the retailer's estate says in a new lawsuit in Texas federal court.

• Jurors Find Fund Can Keep $11M From Short-Swing Trades

  By Thy Vo

  A Denver federal jury unanimously found a hedge fund is exempt from a law that would otherwise require it to return $11 million in profits from the short-swing trades of a biopharmaceutical company's stock, delivering a verdict after less than an hour of deliberation Wednesday.

• 9th Circ. Halts Calif. Social Media Addiction Law For Appeal

  By Jared Foretek

  The Ninth Circuit stayed a slew of California limitations on social media platforms aimed at curbing addiction among young people, temporarily siding with a tech industry lobbying group arguing that the state law runs afoul of First Amendment speech protections.