Top Stories

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  DC Circ. Temporarily Reinstates Copyright Head After Firing

  By Adam Lidgett

  The fired head of the U.S. Copyright Office has regained her position for the time being after a split D.C. Circ...(read more)

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  Skadden, Latham Lead Vimeo's $1.4B Sale To Bending Spoons

  By Al Barbarino

  Video platform Vimeo Inc. said Wednesday it has agreed to be acquired by Italian mobile app developer Bending Sp...(read more)

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• Mistrial Declared For Execs Accused Of Bribing Navy Admiral

  By Cara Salvatore

  A D.C. federal judge declared a mistrial Thursday in the case of two consulting company executives accused of bribing a top U.S. Navy admiral with a lucrative post-retirement job in exchange for government contracts.

• Cooley-Led LB Pharmaceuticals Raises Upsized $285M IPO

  By Jade Martinez-Pogue

  LB Pharmaceuticals, a clinical-stage biopharma company developing therapies for a number of neuropsychiatric diseases, hit the public markets on Thursday after raising $285 million in an upsized initial public offering.

• Magnesium Producer Hits Ch. 11 Following Plant Failures

  By Alex Wittenberg

  US Magnesium LLC, once North America's largest producer of primary magnesium, has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million of debt, years after major equipment failures at its Utah facility ground production to a halt.

• Uber Balanced Safety With Need For Growth, Jurors Told

  By Bonnie Eslinger

  Uber's former head of global safety testified Wednesday in a bellwether trial over sexual assault allegations against the ride-hailing giant, telling jurors that during his tenure, Uber worked to balance safety priorities with its corporate growth.

• 2nd Circ. OKs Verizon's $47M FCC Fine, Splitting With 5th Circ.

  By Dorothy Atkins

  The Second Circuit upheld Wednesday the Federal Communications Commission's $46.9 million fine against Verizon Communications Inc. for misuse of device-location data, rejecting Verizon's arguments that the data falls outside federal privacy protections and that such a penalty without a jury trial was unconstitutional, creating a split with the Fifth Circuit.

• Del. Justices Urged To Revive $10.5B Zendesk Deal Challenge

  By Jeff Montgomery

  An attorney for stockholders of software-as-a-service business Zendesk Inc. told Delaware's Supreme Court Wednesday that a conflict at the heart of a challenge to the company's $10.5 billion take-private deal with a private equity consortium was undisclosed at the time of its approval.

• 3rd Circ. Questions NJ's Bid To Block Kalshi's Sports Bets

  By Jessica Corso

  The Third Circuit seemed prepared on Wednesday to block New Jersey from enforcing a sports gambling ban on trading platform KalshiEx, with at least one judge arguing the U.S. Commodity Futures Trading Commission's authority to regulate the event contracts space "seems quite broad."

• Trump To Take Fed Gov. Cook's Removal Case To DC Circ.

  By Katryna Perera

  President Donald Trump on Wednesday told a Washington, D.C., federal judge that the government will appeal the judge's decision granting a temporary win to Federal Reserve Gov. Lisa Cook in her challenge to the president's attempt to remove her from her position.

• Trump's Pick For Fed Board Seat Moves Ahead To Full Senate

  By Jon Hill

  The U.S. Senate Banking Committee on Wednesday endorsed President Donald Trump's bid to install Stephen Miran, a top White House economist, at the Federal Reserve, advancing his nomination over Democratic objections that he would be a Trump loyalist rather than an independent central banker.

• In Juniper's $14B Sale To HPE, Interim Covenants Were Key

  By Al Barbarino

  Over the course of more than a decade, Juniper Networks had been on and off the block several times, but bids never quite matched the board's sense of the company's worth, Amr Razzak, the Skadden partner who led the team advising Juniper, told Law360.

• Fired FBI Officials Claim 'Campaign Of Retribution' In New Suit

  By Rae Ann Varona

  Three former senior FBI officials sued the Trump administration in D.C. federal court on Wednesday, accusing FBI Director Kash Patel of politicizing the agency and firing them as part of a "campaign of retribution" in a bid to keep his own job.

• Subprime Lender Tricolor Auto Hits Ch. 7 With Over $1B Debt

  By Alex Wittenberg

  Tricolor Holdings, a Texas-based company that provides car loans to low-income buyers, and several affiliates filed for Chapter 7 liquidation in Texas bankruptcy court Wednesday with more than $1 billion of debt.