Top Stories

• 

  Novo Can't Get 'Deceptive' Lilly GLP-1 Ads Blocked Amid Suit

  By Hailey Konnath

  A New Jersey federal judge on Monday refused to issue an injunction blocking Eli Lilly & Co. from running ads al...(read more)

• 

  NBA Strikes Prediction Market Deals With CFTC, Platforms

  By Alex Lawson

  The NBA announced partnerships with Kalshi and Polymarket on Monday alongside an agreement with the U.S. Commodi...(read more)

• 2nd Circuit Rejects Venezuela's Bid To Void $3B In Bonds

  By Caroline Simson

  Nearly $3 billion in defaulted Venezuelan bonds should not be blocked from enforcement under the country's domestic law, the Second Circuit ruled Tuesday.

• Boutique Gym Operator FitLab Files Ch. 11 With $100M+ Debt

  By Rick Archer

  Boutique fitness studio operator and self-described "sport lifestyle" company FitLab Inc. has filed for Chapter 11 protection in Delaware with more than $100 million in liabilities.

• DOJ Tries For Third Case Against Comey, Alleging Doc Leak

  By Lauren Berg

  For the third time, the Trump administration has lobbed criminal charges against James Comey, this time accusing the former FBI director of disclosing sensitive national defense information in 2016, according to a complaint unsealed Monday in D.C. federal court.

• FTC, 20 States Say Dollar General Up Charges At Register

  By Lauren Berg

  The Federal Trade Commission and a group of 20 states announced a lawsuit in Tennessee federal court, alleging Monday that Dollar General Corp. holds itself out as an accessible retailer for low- and fixed-income consumers, but has for years charged shoppers more at the register than the displayed prices.

• Colo. AI Rules Face Calls For Longer Compliance Window

  By Allison Grande

  Business groups across the tech, banking and other industries pushed Colorado's attorney general Monday to revisit his proposed rules for the use of artificial intelligence to make consequential decisions and to fuel chatbots in order to address concerns such as their potential conflict with existing laws and the tight window for implementation.

• Dugout Divided: Foley & Lardner Clients Clash In World Series

  By Chris Villani

  The World Series matchup between Foley & Lardner LLP clients, the Milwaukee Brewers and the Tampa Bay Rays, has pitted partners against one another as the firm enjoys a good-natured intrasquad rivalry during the Fall Classic.

• Empery Faces Limited Restrictions In ATG Proxy Fight

  By Jarek Rutz

  The Delaware Chancery Court ruled Monday that Empery Digital Inc. must provide activist investor ATG Capital Opportunities Fund LP five business days' notice before taking certain major corporate actions while the parties fight over a disputed board seat, rejecting broader restrictions that could give ATG outsized influence over the company's operations.

• After Litigation, Ayahuasca Church Gets DEA Registration

  By Sam Reisman

  After years of litigating against federal regulators, an Iowa church has reached an agreement with the U.S. Drug Enforcement Administration to lawfully use the psychedelic ayahuasca for religious purposes, the church's attorneys announced Monday.

• Kirkland, Gibson Dunn Steer Merger Forming $50B Gas Co.

  By Nate Beck

  EQT Corp. said Monday that it plans to acquire Range Resources Corp. for $13 billion, creating a natural gas company valued at more than $50 billion in a transaction steered by Kirkland & Ellis LLP and Gibson Dunn & Crutcher LLP.

• 6 Firms Steer $5.7B Surgery Partners Take-Private Deal

  By Jade Martinez-Pogue

  Healthcare services organization HealthSpan Partners on Monday announced plans to acquire short-stay surgical facility owner and operator Surgery Partners in an all-cash take-private deal valued at $5.7 billion that was built by six law firms.

• Trump Plans To Nominate SC Governor's Counsel To Bench

  By Courtney Bublé

  President Donald Trump plans to nominate William Grayson Lambert, chief legal counsel for South Carolina Gov. Henry McMaster, for a judgeship on the District of South Carolina.

• NYC Archdiocese Reaches $800M Deal On Abuse Claims

  By Rick Archer

  The Archdiocese of New York has reached an $800 million settlement to resolve about 1,200 outstanding claims of child sexual abuse.