Top Stories

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  3 Firms Guide $1.25B Waystar-Iodine Software Deal

  By Al Barbarino

  Healthcare payment software provider Waystar has agreed to acquire Texas-based Iodine Software for $1.25 billion...(read more)

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  9th Circ. Clarifies Bored Ape NFTs Are Trademarkable Goods

  By Dorothy Atkins

  The Ninth Circuit issued a significant ruling for digital asset creators Wednesday finding that Yuga Labs' Bored...(read more)

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• FCC Signs Off On Skydance's $8B Acquisition Of Paramount

  By Hailey Konnath

  The Federal Communications Commission on Thursday gave the green light to Skydance Media's controversial $8 billion acquisition of Paramount Global and its subsidiaries, including CBS' parent company, setting aside concerns that the deal will hurt competition.

• CME Facility Prioritizes Profit Over Promises, Traders Argue

  By Lauraann Wood

  The Chicago Mercantile Exchange and Chicago Board of Trade prioritized profits over its contractual promises when it opened a facility to accommodate high-speed and algorithmic trading without keeping its access exclusive to longtime floor traders, the traders' counsel argued Thursday, asking an Illinois jury for more than $2 billion in damages. 

• Trump Admin Sues NYC To Block Sanctuary Policies

  By Rae Ann Varona

  The Trump administration on Thursday filed suit in New York federal court seeking to bar New York City from enforcing policies it alleges amount to "intentional sabotage" of federal immigration enforcement and thus violate the U.S. Constitution's supremacy clause.

• UnitedHealth Discloses DOJ Medicare Civil, Criminal Probes

  By Sarah Jarvis

  UnitedHealth Group Inc. has disclosed that it is complying with formal criminal and civil requests from the U.S. Department of Justice, following media reports about investigations into aspects of the insurance giant's participation in Medicare.

• Butler Snow Attys DQ'd For Fake AI Citations In Prisoner Case

  By Emily Sawicki

  Three Butler Snow LLP attorneys have been publicly reprimanded and removed from representing the former commissioner of the Alabama Department of Corrections in an incarcerated man's federal civil rights case, after a judge found they had filed motions including "hallucinations" generated by ChatGPT.

• Trump Says AI Needs Free Content For Global Competition

  By Ivan Moreno

  President Donald Trump has expressed support for letting large language model developers use copyrighted material for training their systems without payment, saying during the unveiling of his artificial intelligence action plan that licensing requirements would impede the technology's progress and give China an unfair advantage.

• Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury

  By Pete Brush

  A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where such losses were "not supposed to be possible."

• Jeanine Pirro's Nomination Advances To Full Senate

  By Courtney Bublé

  The Senate Judiciary Committee voted out seven U.S. attorney nominations Thursday, which include Jeanine Pirro, former Fox News host and New York state judge, and four others who had to be revoted on after Democrats walked out of last week's meeting over objections to how the consideration of controversial Third Circuit nominee Emil Bove was being handled.

• 3rd Circ. Rules Philly Injection Site Equals Religious 'Person'

  By Carla Baranauckas

  A nonprofit battling government resistance to its planned safe drug injection site in Philadelphia can qualify for religious freedom protections, the Third Circuit said in a precedential opinion on Thursday, reasoning the organization meets the definition of a "person" practicing religion.

• Accelerant, McGraw Hill IPOs Raise Over $1.1B Combined

  By Jade Martinez-Pogue

  Two private equity-backed companies, insurance marketplace Accelerant and education publishing giant McGraw Hill Inc., have joined the recent surge in initial public offerings, with both companies going public on Thursday after pricing IPOs that raised more than $1.1 billion total.

• Eli Lilly's Trademark Suit Not 'Abuse Of Process'

  By Mike Curley

  A Washington federal judge has tossed out counterclaims by a pair of clinics being sued for trademark infringement by Eli Lilly & Co., saying the acts of filing the suit and making a settlement demand are not in themselves abuse of process.

• 3 Firms Advise $1.1B Deal To Take Office REIT Private

  By Nate Beck

  Canada-based City Office REIT said Thursday that it has agreed to be acquired by an affiliate of hedge fund Elliott Investment in a take-private deal valued at $1.1 billion and advised by DLA Piper, Hogan Lovells and Gibson Dunn & Crutcher LLP.