President-elect Donald Trump has transferred control over his estimated $4 billion stake in the company that owns his social media platform to a revocable trust held by his son, according to regulatory flings.
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TOP NEWS

Trump Transfers $4B Equity Stake In Media Startup To Trust

By Tom Zanki

President-elect Donald Trump has transferred control over his estimated $4 billion stake in the company that owns his social media platform to a revocable trust held by his son, according to regulatory flings.

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Gunster $8.5M Data Breach Deal Needs More Info, Judge Says

By Matt Perez

A Florida federal judge this week denied preliminary approval of an $8.5 million settlement in a data breach class action against Gunster and demanded more information on payouts, the plaintiffs' standing in the case and a historical breakdown of settlement rates.

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Fla. Judge Orders Ky. Tower Sale Laundering Case To Proceed

By David Minsky

A Florida federal judge denied a request by two Miami businessmen to toss a civil forfeiture lawsuit brought by the U.S. government in an attempt to seize $9.1 million from the sale of a Kentucky office tower with alleged links to a Ukrainian money laundering scheme.

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Fla. Labs Appeal $7.3M Conn. Jury Verdict Favoring Cigna

By Carolina Bolado

Three Florida substance abuse testing laboratories filed notice Thursday promising to appeal a $7.3 million loss to Cigna Health and Life Insurance Co. over billings for recurring tests on drug treatment patients the insurer said were not medically necessary.

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Feature

Watershed NCAA, UFC Settlements Highlight 2024's 2nd Half

By Elaine Briseño

The second half of 2024 saw the sunset of several yearslong lawsuits that will significantly impact the world of sports, including the settlement of the NCAA's name, image and likeness antitrust litigation and the closing of the UFC's legal battle with current and former fighters. Here, Law360 explores the top sports and betting moments from the second half of 2024.

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ELEVENTH CIRCUIT

11th Circ. Won't Reconsider Nixing $440M Cuba Dock Claim

By Jonathan Capriel

The Eleventh Circuit said it won't take a second look at its decision upending a $440 million judgment against four cruise lines that were accused of participating in prohibited tourism in Cuba by way of utilizing a dock that once belonged to a U.S.-based company.

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Roundup

Real Estate Recap: Stats, Multifamily Tech, Pot Shop Pickle

By Real Estate Authority Staff

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including big picture stats for commercial real estate in 2024, how one proptech company is leveraging resident data for multifamily profitability, and a conversation with a BigLaw leader about navigating New York's pot shop crackdown.

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ENFORCEMENT

Binance Investors Seek To Update Suit After Federal Charges

By Sydney Price

A proposed class of Binance investors has asked a Florida federal judge to allow them to file a new complaint that drops some defendants and hones in on the crypto exchange and its former CEO in the wake of their historic settlement with U.S. authorities over alleged compliance failures.

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LITIGATION

Suits Over Fatal Connecticut Cessna Crash Shrink

By Brian Steele

The plaintiffs in several related lawsuits arising from a Cessna private plane crash in Connecticut that killed four people and injured others on the ground have dropped claims against a slew of defendants, leaving only the aircraft's manufacturer to face the pending litigation, court records show.

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Trulieve Wants Quick Win Over Insurer In Wrongful Death Suit

By Jonathan Capriel

Trulieve said it's entitled to a default win against one of the two insurance providers it claims are supposed to indemnify it against a cannabis worker's wrongful death suit, saying the provider failed to respond to its litigation.

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EXPERT ANALYSIS

The Justices' Securities Rulings, Dismissals That Defined '24

The U.S. Supreme Court's 2024 securities rulings led to increased success for defendants' price impact arguments, but the justices' decisions not to weigh in on important issues relating to the Private Securities Litigation Reform Act's pleading requirements may be just as significant, say attorneys at Skadden.

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How White Collar Enforcement May Shift In Trump's 2nd Term

After President-elect Donald Trump returns to the White House next month, the administration’s emphasis on immigration laws, drug offenses and violent crime will likely reduce the focus on white collar crime overall, but certain areas within the white collar world may see increased activity, say attorneys at Keker Van Nest.

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Series

Fixing Up Cars Makes Me A Better Lawyer

From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.

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LEGAL INDUSTRY

MoFo, Irell Latest Firms To Unveil Competitive Bonuses

By Aebra Coe & Hailey Konnath

Morrison Foerster LLP and litigation boutique Irell & Manella LLP have joined a chorus of firms announcing associate bonuses that meet or exceed the BigLaw standard for associate bonuses this year, with MoFo offering up to $218,200 and Irell handing its lawyers as much as $175,000.

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Approach The Bench: What Judges Had To Say This Year

By Cara Bayles

Jurists weighed the benefits of partisan elections, praised innovations in telehearings and worried about the future of the profession in nearly a dozen interviews with Law360 this year.

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NJ Bar's Diversity Plan Isn't Biased, Panel Says

By Tracey Read

A New Jersey state appeals court reversed and remanded on Friday a lower court's ruling that found the state bar association's diversity practices to be an unlawful, discriminatory quota system.

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Analysis

How Lawyers May Sue The Trump Administration … Again

By Cara Bayles

During the last Trump administration, BigLaw firms challenged White House policies, focusing on immigration, environmental regulations and healthcare. This time around, attorneys could rely on old tools, and some new tactics, to stall the executive branch.

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Biden Exceeds Trump's Record On Judges By One

By Courtney Bublé

The U.S. Senate confirmed on Friday the last two judicial nominations from President Joe Biden, making his total of lifetime judicial appointments 235, just one over President Donald Trump's 234.

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High Court Bar's Future: Williams & Connolly's Sarah Harris

By Katie Buehler

Sarah M. Harris of Williams & Connolly LLP never planned on being a U.S. Supreme Court advocate, or even an appellate one. She stumbled upon that career path after realizing her initial goal of becoming a national security or government lawyer wasn't the right fit.

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Legislators Key To Court Fee Relief, Chief Justices Say

By Cara Salvatore

Two state high court chief justices and a top judicial administrator have told the National Center for State Courts that while they've been able to make significant progress in abolishing unfair court fines and fees, lawmakers have been vital in enacting these changes.

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No, Microsoft Isn't Driving DOJ's Google Antitrust Suit: Judge

By Bryan Koenig

A D.C. federal judge pushed back Friday on Google's efforts to paint Microsoft as the true plaintiff in the Justice Department's search monopolization lawsuit, casting doubt during a hearing that Google should get even more information about Microsoft's relationship with ChatGPT-maker OpenAI.

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Feature

Litigator On The Roof: The Acting, Singing Mass. Solicitor

By Chris Villani

The top appellate lawyer in the Massachusetts Office of the Attorney General will be ringing in the new year by performing a comical cantata by Johann Sebastian Bach, the latest show in a lengthy side career in music.

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Another Texas Judge Exits X's Advertising Boycott Suit

By Lauren Berg

The second Texas judge to oversee litigation filed by Elon Musk's X Corp. accusing the World Federation of Advertisers and others of conspiring to withhold advertising revenue from the company has recused himself from the case.

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Hagens Berman Settles Suit Over Effexor Deal Atty Fees

By Bryan Koenig

A pharmaceutical reseller's in-house counsel and founder moved Friday to drop a Mississippi federal court breach of contract suit accusing Hagens Berman Sobol Shapiro LLP of stiffing him on his share of a $13 million attorney fees award from an antitrust class settlement, citing a resolution to the dispute.

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Girardi's Mental Health To Be Evaluated At NC Federal Prison

By Craig Clough

A California federal judge said Friday she will order Tom Girardi to receive a psychiatric evaluation at a North Carolina federal correctional facility after she recently delayed his wire fraud sentencing to determine if he should be committed to a medical facility instead of prison due to his dementia diagnosis.

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Q&A

A Judge Reflects: West Wing Call, 'Alford Plea?' Early Exit

By Hayley Fowler

When Chief Judge Louis A. Bledsoe III of the North Carolina Business Court hangs up his robes for the last time on Dec. 31, he'll leave behind a white-hot docket of high-profile cases and a profusion of opinions that helped mold the court into a tribunal fit to rival Delaware's Court of Chancery.

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Law360's Legal Lions Of The Week

By Andrea Keckley

This week's Legal Lions leader comes from the public sector, as federal prosecutors secured a $650 million settlement from McKinsey & Co. to resolve a lawsuit over the consulting giant's role in Purdue Pharma's promotion of OxyContin.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen the University of Southampton sue a drone-maker over the rights to an uncrewed aircraft patent, Importers Service Corp. and its subsidiary ISC Europe take action against a former director who allegedly owes the company over £1.1 million ($1.4 million), and DAC Beachcroft face a fraud claim by a "prolific litigant." 

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Ahmad Zavitsanos

Akerman LLP

Alston & Bird

American Center for Law & Justice Inc.

Armstrong Teasdale

Arnold & Porter

BBB Attorneys

Barrett Law Group

Black Srebnick

Blacks Solicitors

Boies Schiller

Bradley Arant

Brito PLLC

Buchanan Ingersoll

CMS Cameron McKenna

Cantey Hanger

Carlton Fields

Charles Russell Speechlys

Choate Hall

Clement & Murphy

Colson Hicks

Conrad & Scherer

Covington & Burling

Cozen O'Connor

Cravath Swaine

DAC Beachcroft

David Boies

Davis Wright Tremaine

Dechert LLP

Dhillon Law Group

Domnick Cunningham

Ellis George LLP

Fenchurch Law

Fieldfisher

Fisher & Phillips

Forsters LLP

Fox Rothschild

Freedman Normand

Fried Frank

Gatehouse Chambers

Gibbons PC

Gibson Dunn

Girardi & Keese

Glancy Prongay

Glenn Agre

Goodwin Procter

Gordon Rees Scully Mansukhani

Goulston & Storrs

Gowling WLG

Gunster Yoakley

Gupta Wessler

Hadsell Stormer

Hagens Berman

Halunen Law

Haynes & Boone

Hill Ward Henderson

Hogan Lovells

Holman Fenwick

Holwell Shuster

Hueston Hennigan

Hugh James

Hunton Andrews

Irell & Manella

Jenner & Block

Jones Day

Jones Walker

Kasowitz Benson

Kaufman Dolowich

Keker Van Nest & Peters

Kirkland & Ellis

Kreindler & Kreindler

Kutak Rock

Lash & Goldberg

Latham & Watkins

Law Office of Rajeh A. Saadeh

Marks Gray PA

Martin Pringle

Mayer Brown

Milbank LLP

Morgan & Morgan

Morgan Lewis

Morrison Foerster

Nabarro LLP

Nair & Levin

Nelson Mullins

Norton Rose

O'Melveny & Myers

Orrick Herrington

Patterson Belknap

Paul Weiss

Paynter Law Firm

Perkins Coie

Podhurst Orseck

Proskauer Rose

Quarles & Brady

Quinn Emanuel

Raines Feldman

Reed Smith

Reynolds Porter

Robinson & Cole

Robinson Bradshaw

Ropes & Gray

Ross Aronstam

Roythornes Solicitors

Sanford Heisler

Sidley Austin

Skadden Arps

Spector Constant & Williams

Sullivan & Cromwell

TLT LLP

Trenk Isabel

Troutman Pepper

Trowers & Hamlins

Vartabedian Hester

Venable LLP

Vinson & Elkins

Wachtell Lipton

Ward Hadaway

Weber & Carrier

White & Case

Wiggin & Dana

Wiley Rein

Wilkinson Stekloff

Williams & Connolly

WilmerHale

Wilson Elser

Wilson Sonsini

Winston & Strawn

Withersworldwide

COMPANIES IN TODAY'S NEWS

Amalgamated Bank

Amazon.com Inc.

America First Policy Institute

American Civil Liberties Union

American Constitution Society

American International Group Inc.

Apple Inc.

Ares Management Corp.

Atlantic Coast Conference

BNP Paribas SA

Bank of America Corp.

Beazley PLC

Berkshire Hathaway Energy GT&S

Binance Holdings Ltd.

Blackstone Inc.

Boy Scouts of America

Bristol-Myers Squibb Co.

British American Tobacco PLC

Buffalo Bills

CVC Capital Partners Ltd.

CVS Health Corp.

Carnival Corp. & PLC

Cincinnati Financial Corp.

CrossCountry Mortgage Inc.

Democracy Forward Foundation

Duke Energy Corp.

Essity AB

Eversource Energy

Federalist Society

FibroGen Inc.

Foxconn

GP Global

Google LLC

Gulf Petrochem FZC

JOANN Inc.

Judicial Watch Inc.

Keryx Biopharmaceuticals Inc.

Lambda Legal Defense & Educational Fund

Macquarie Group Ltd.

Macquarie Infrastructure Corp.

Mars Inc.

McKinsey & Co. Inc.

Meadow

Meta Platforms Inc.

Miami Dolphins

Miami Heat

Microsoft Corp.

Mozilla Corp.

NASDAQ Inc.

NBCUniversal Media LLC

NFL Enterprises LLC

NVIDIA Corp.

Nascar Digital Media LLC

National Collegiate Athletic Association

Natixis SA

New Jersey State Bar Association

Norwegian Cruise Line

Our Children's Trust

Ozone Networks Inc.

Pac-12 Enterprises LLC

Pfizer Inc.

Princeton University

Prospect Medical Holdings Inc.

Purdue Pharma LP

QuikTrip Corp.

ROC Nation LLC

RealPage Inc.

Reynolds American Inc.

Rocket Cos.

Royal Caribbean Cruises Ltd.

Saint-Gobain SA

Samsung Electronics Co. Ltd.

Sotheby's

Spotify Technology SA

Starr International Co. Inc.

Tellabs, Inc.

Teva Pharmaceutical Industries Ltd.

Textron Inc.

The Carlyle Group Inc.

The Cigna Group

The DIRECTV Group Inc.

The Goldman Sachs Group Inc.

The New York Times Co.

The Royal Bank of Scotland Group PLC

The Walt Disney Co.

TikTok Inc.

Trulieve

Trumpf Inc.

Twitter Inc.

Ulta Beauty Inc.

Ultimate Fighting Championship Ltd.

Unilever PLC

United Steelworkers

UnitedHealth Group Inc.

Valero Energy Corp.

Walmart Inc.

Walt Disney Parks & Resorts Worldwide Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Wells Fargo & Co.

Western Environmental Law Center

World Economic Forum

Yellow Corp.

Zillow Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arkansas Teacher Retirement System

California Supreme Court

Central Intelligence Agency

Colorado Supreme Court

Commodity Futures Trading Commission

Companies House

Consumer Financial Protection Bureau

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Bureau of Prisons

Georgia Court of Appeals

Internal Revenue Service

Ohio Supreme Court

Texas Supreme Court

The Crown Prosecution Service

U.S. Attorney's Office for the Central District of California

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Western District of Virginia

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of State

U.S. Department of the Interior

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the Central District of California

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Minnesota

U.S. District Court for the Eastern District of Michigan

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

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

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

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

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

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

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

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Railroad Retirement Board

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

US Office of Management and Budget

United States District Court for the District of Nevada