A newsletter by Reuters and Westlaw |
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By Diana Novak Jones, Mike Scarcella and Sara Merken |
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Donald Trump's return to the presidency is expected to precipitate a shift in the U.S. government's legal stance in major cases pending at the U.S. Supreme Court, including a closely watched dispute involving Tennessee's ban on gender-affirming medical care for transgender minors, report our colleagues John Kruzel and Andrew Chung. After Trump succeeds Joe Biden on Jan. 20, other big cases in which the new administration could change positions include those involving so-called "ghost guns," nuclear waste storage, flavored vape products and securities fraud, according to legal experts. Trump has not yet announced his nominee for U.S. solicitor general, the DOJ official who represents the government in Supreme Court cases, but on Wednesday he tapped Matt Gaetz as his nominee for attorney general. |
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- Gary Wang, the former FTX executive who wrote computer code that enabled Sam Bankman-Fried to steal billions of dollars from cryptocurrency customers, has built software to help the U.S. government uncover fraud in the stock market, prosecutors have disclosed.
- Abigail Jo Shry of Alvin, Texas, pleaded guilty to threatening to kill individuals including the federal judge overseeing the 2020 election subversion criminal case against Donald Trump.
- Theodore Olson, a conservative lawyer who helped George W. Bush secure the presidency in the legal battle over the 2000 U.S. election and went on to argue successfully on behalf of same-sex marriage, died at age 84.
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That's how much the city of Baltimore won in its lawsuit accusing top drug distributors McKesson and Cencora of fueling an epidemic of opioid addiction. Baltimore, which has been hit hard by the opioid crisis, opted out of large national opioid settlements in recent years in the hope of winning more money on its own. The city is expected to seek billions more in the next phase of the case. |
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The U.S. Supreme Court on Tuesday refused to revisit a 2nd Circuit ruling that said a shareholder from 1-800-FLOWERS had standing to bring a derivative case against the hedge fund Raging Capital for allegedly violating Section 16 of the Exchange Act. The hedge fund's lawyers did their best, writes Alison Frankel, to pitch the suit as a chance for the Supreme Court to force the 2nd Circuit line up with three other circuits to apply a two-step test of standing for plaintiffs alleging statutory violations. Frankel says the ruling means we should expect more swing-sale derivatives suits in New York courts. |
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"It just seems to me that you're asking us to engage in a kind of analysis that we are not very good at."
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- Trade associations representing the private fund management industry and cryptocurrency sector are slated to urge U.S. District Judge Reed O'Connor in Fort Worth, Texas, to block a rule adopted by the SEC that expanded the regulator's interpretation of what it deems a "dealer" of securities.
- A federal judge in San Francisco is set to consider whether to grant final approval to a $115 million settlement of claims that tech giant Oracle built "digital dossiers" on millions of people without their consent, violating federal and state privacy laws and California's constitution. More than 25 class members have challenged the deal, which covers an estimated class size of 220 million people.
- The Democratic-led U.S. Senate Judiciary Committee, under pressure to confirm Biden nominees to the bench before control of the chamber flips to Republicans in January, is meeting to consider pending nominations. Among those under consideration is Ryan Park, North Carolina solicitor general, who Biden has selected to serve on the 4th Circuit over the objections of the state's two Republican senators.
Court calendars are subject to last-minute docket changes.
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- The 2nd Circuit threw out a $1.68 billion judgment against Iran's central bank that had been won by family members of troops killed and injured in the 1983 bombing of the U.S. Marine Corps barracks in Beirut.
- A New York federal judge dismissed about 100 lawsuits filed against Procter & Gamble, Johnson & Johnson's consumer unit and others in the wake of revelations that decongestant phenylephrine is no better than a placebo. The companies were beholden to the FDA on labeling decisions, and the FDA had not directed them to make any changes, the judge said.
- BrucePac, a meat processor that provides ready-to-eat products to companies like Trader Joe's, Walmart and schools across the country, is facing a wrongful death lawsuit by a woman who says her daughter died after eating a product tainted by listeria bacteria. The company recalled nearly 12 million pounds of product last month.
- Facebook owner Meta must face trial in a FTC lawsuit seeking its break up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, U.S. District Judge James Boasberg in D.C. ruled.
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- Halloran Farkas + Kittila hired former Delaware attorney general and Superior Court Judge M. Jane Brady as a litigation and corporate governance partner. Most recently, Brady had her own private practice, Brady Legal Group. (Halloran Farkas)
- Brown Rudnick hired an eight-person IP litigation group in Houston, including partners Erick Robinson, Jayme Partridge and Jayne Piana. The team arrives from Bochner. (Brown Rudnick)
- Squire Patton Boggs hired D.C.-based partner Michael Wise as the U.S. antitrust practice leader. He previously was at Paul Hastings. (Squire Patton Boggs)
- Goodwin brought on real estate partners Noah Bilenker and Christine Murphy in New York from Willkie. (Goodwin)
- Akin added Chadron Edwards as a projects and energy transition partner in New York from Mayer Brown. (Akin)
- Saul Ewing hired Aloke Chakravarty, who was a prosecutor in the Boston Marathon bombing case, as a partner in Boston. He most recently was co-chair of the white-collar and cyber practices at Snell & Wilmer. (Saul Ewing)
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From legislative changes to market trends, 2024 highlighted the challenges and opportunities within the cannabis sector. Alexander Malyshev and Sarah Ganley of Carter Ledyard & Milburn write about some of the most significant developments and how they might affect the industry in the coming years under a new administration. Read today's Attorney Analysis. |
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