A Florida federal judge dismissed a lawsuit accusing Spirit Airlines' current and former top brass of misleading investors about the budget air carrier's prospects amid two bankruptcy filings, saying Thursday that the challenged statements are either corporate "puffery" or otherwise nonactionable, but the plaintiffs can rework their complaint.
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TOP NEWS

Spirit Execs Ax Investor Suit Over Pre-Ch. 11 Claims, For Now

By Lauren Berg

A Florida federal judge dismissed a lawsuit accusing Spirit Airlines' current and former top brass of misleading investors about the budget air carrier's prospects amid two bankruptcy filings, saying Thursday that the challenged statements are either corporate "puffery" or otherwise nonactionable, but the plaintiffs can rework their complaint.

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Fla. Law Firm Cost Bank's $134M BP Oil Spill Claim, Suit Says

By Katryna Perera

An Ohio bank holding company has sued a Florida law firm in Ohio federal court for more than $134 million in damages, alleging the firm missed key filing deadlines while representing the bank in litigation tied to the Deepwater Horizon oil spill, costing the bank its chance to recover millions in losses.

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Fla. Homeowners Settle Faulty Construction Suit For $26.5M

By Isaac Monterose

Homeowners at a 10-unit luxury townhome community in Winter Park, Florida, have resolved a construction defect suit against developer Hill/Gray Seven LLC and other parties for $26.5 million, according to Pursiano Law LLP, which represented the homeowners.

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Trump Media Wants Fees For News Orgs. Tossed In $1.5B Suit

By Carolina Bolado

President Donald Trump's social media company asked a Florida state court to reconsider an order awarding several news outlets the costs they incurred defending Trump Media's $1.5 billion defamation lawsuit, arguing that the court lacked jurisdiction to issue the order once the claims had been withdrawn.

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Baker Botts Atty Cleared Of Defamation In Inventor's Suit

By Carolina Bolado

A Florida federal judge on Thursday tossed a defamation claim against a Baker Botts LLP patent attorney after agreeing with a magistrate judge's conclusion that an inventor had not shown that the lawyer's comments to a reporter were defamatory.

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ELEVENTH CIRCUIT

Split 11th Circ. Backs IRS $1M Value For Contested Easement

By Asha Glover

A split Eleventh Circuit panel affirmed a decision to slash three Georgia landowners' conservation easement value from $18 million to $1 million Thursday, saying the U.S. Tax Court didn't need to determine the property's best use because the parties already agreed on that use.

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ENFORCEMENT

7 States Urge Feds To Reject $85B UP, Norfolk Southern Deal

By Lauren Berg

Seven state attorneys general are urging the federal Surface Transportation Board to reject the planned $85 billion merger between Union Pacific Corp. and Norfolk Southern Corp., saying the rail giants have not shown how the deal would serve the public interest.

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LITIGATION

Groups Say Shuttered Fla. Detention Center Threatens Wildlife

By David Minsky

Environmental groups have accused wildlife officials of polluting protected land through an immigrant detention center in the Everglades, alleging in an updated complaint filed in Florida federal court that the now-shuttered site continues to threaten endangered species in the area.

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BANKRUPTCY

777 Partners Gets New DIP Offer After Contentious Hearing

By Alex Wittenberg

Investment firm 777 Partners told a Texas bankruptcy judge on Thursday that it had received a competing offer to fund its Chapter 11 case, two days after the judge ended a hearing on the company's bankruptcy financing by imploring the debtors to come up with an alternative proposal.

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PEOPLE

Shumaker Advisors Adds Principal To Fla. Gov't Affairs Team

By Madison Arnold

Shumaker Advisors, Shumaker Loop & Kendrick LLP's lobbying arm, announced Thursday that had it expanded its government affairs and public policy capabilities in Florida with a new principal from consulting firm Rutledge Ecenia.

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EXPERT ANALYSIS

Series

Going To Hardcore Shows Makes Me A Better Lawyer

While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are about community, focus, being prepared for the unexpected and managing chaos, says Isaac Natter at Fluet.

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LEGAL INDUSTRY

Anti-DEI Group Asks FTC To Probe Law Fellowship Program

By Dorothy Atkins

An advocacy organization against diversity, equity and inclusion initiatives filed an antitrust complaint with the Federal Trade Commission Wednesday, accusing Sponsors for Educational Opportunity of engaging in anticompetitive practices by allegedly colluding on DEI metrics and falsely advertising its program.

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NYC Bar Committee Calls For Nationwide AI Rules Framework

By Andrea Keckley

A New York City Bar Association committee concluded in a policy paper published Wednesday that artificial intelligence tools "may assist legal work but cannot substitute for professional legal judgment," calling for a national framework to be built into the Model Rules of Professional Conduct governing its use.

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Trump Picks Ex-Arkansas SG, Walmart Lawyer For 8th Circ.

By Courtney Bublé

President Donald Trump has announced that he's looking to elevate Judge Lee Rudofsky of the Eastern District of Arkansas to the U.S. Court of Appeals for the Eighth Circuit.

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State Farm Attys Admit Filing Motions Full Of AI Hallucinations

By Jonathan Capriel

A law firm representing State Farm has admitted that its pretrial motions contained citations to nonexistent cases and legal quotes, errors that were seemingly "hallucinations" generated by AI software designed for lawyers and caught by the plaintiff's attorneys as they prepared for trial in a California state court case about fire damage coverage.

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Brief

DOJ Fraud Division To Reach 500 Staffers This Month

By Courtney Bublé

By the end of the month, there will be about 500 attorneys and staff in the U.S. Department of Justice's new fraud division, with more to come as time goes on.

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JP Ward Attorney Exodus Delays Pa. Labor Trafficking Suit

By Matthew Santoni

A "staffing disruption" at the Pittsburgh law firm J.P. Ward & Associates led the firm to request a stay of a labor-trafficking case against hotels in Pennsylvania and West Virginia, after the firm was reduced to one attorney and two staff members, according to court filings.

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LAW FIRMS IN TODAY'S NEWS

Alston & Bird

Avyno Law

Baker Botts

Bell Rosquete

Boies Schiller

Brito PLLC

Bronstein Gewirtz

Cameron Stracher PLLC

Christopher Ajizian PA

Coffey Burlington

Comber Miller

Cooley LLP

Covington & Burling

Cravath Swaine

Cummins & White

DLA Piper

Davis Polk

Davis Wright Tremaine

Debevoise & Plimpton

Fluet & Associates PLLC

Foley Hoag

Fox Rothschild

Friedman PA

Glenn Agre

Gray Reed

Gunster Yoakley

Gunther Legal PLLC

Haun Mena

Ice Miller

J.P. Ward & Associates

Jones Day

Jones Walker LLP

King & Spalding

Kirkland & Ellis

Levin Papantonio

Luks Santaniello

Marshall Dennehey

Miller Shah

Moore Ingram

Morgan Lewis

Musick Peeler

Paskert Divers

Patterson Belknap

Pomerantz LLP

Proskauer Rose

Pursiano Law

Quinn Emanuel

Rutledge Ecenia

SML Avvocati

SanGiovanni Law

Shullman Fugate

Shumaker Advisors Florida

Shumaker Loop

Sidley Austin

Thomas & LoCicero

Wachtell Lipton

White & Case

Williams & Connolly

WilmerHale

Wright Fulford

COMPANIES IN TODAY'S NEWS

777 Partners LLC

Allegheny Health Network

American Chemistry Council Inc.

BNSF Railway Co.

CSX Corp.

Canadian National Railway Company

Canadian Pacific Kansas City

Canadian Pacific Railway Ltd.

Center for Biological Diversity Inc.

Earthjustice

FTI Consulting Inc.

Forbes Media LLC

Kansas City Southern

LinkedIn Corp.

Miami Herald Media Co.

New York City Bar Association

Newsweek/Daily Beast Co. LLC

Norfolk Southern Corp.

Park National Corp.

Spirit Airlines Inc.

Sponsors for Educational Opportunity Inc.

Starbucks Corp.

The Associated Press

Union Pacific Corp.

Walmart Inc.

Wyndham Hotels & Resorts Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Equal Employment Opportunity Commission

Federal Acquisition Regulatory Council

Federal Emergency Management Agency

Federal Trade Commission

Fish and Wildlife Service

Internal Revenue Service

Los Angeles Superior Court

Massachusetts Supreme Judicial Court

Miccosukee Tribe of Indians of Florida

Montana Attorney General's Office

Surface Transportation Board

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Eleventh Circuit

U.S. Department of Defense Office of General Counsel

U.S. Department of Justice

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

U.S. District Court for the Southern District of Florida

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

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Tax Court

United States District Court for the Southern District of Ohio