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  SEC Quietly Drops First-Ever Liquidity Rule Suit

  By Jessica Corso

  The U.S. Securities and Exchange Commission on Friday agreed to dismiss its first-ever case accusing an investme...(read more)

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  Flutter Buys MoFo-Led Boyd's Stake In FanDuel For $1.76B

  By Dawood Fakhir

  Flutter Entertainment PLC said Friday that it has agreed to acquire a 5% stake in FanDuel Group from Boyd for ap...(read more)

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• Judge Bars Indiscriminate Immigration Stops In SoCal

  By Rae Ann Varona

  A California federal judge on Friday temporarily blocked the Trump administration from relying on people's perceived ethnicity or job to stop individuals amid federal immigration raids in Southern California, while also ordering the U.S. Department of Homeland Security to provide detainees with access to lawyers.

• Ethiopian Airlines Case Settles '2 Minutes' Before Last Hearing

  By Lauraann Wood

  A Chicago damages trial set for a man who lost his immediate family in an Ethiopian Airlines plane crash can be taken off the books because his case settled "literally two minutes" before his final pretrial hearing, attorneys told an Illinois federal judge Friday.

• Courts Face Early Push To Expand Justices' Injunction Ruling

  By Katie Buehler

  In the two weeks since the U.S. Supreme Court curtailed federal judges' ability to issue universal injunctions, Trump administration attorneys have begun pushing to expand the decision's limits to other forms of relief used in regulatory challenges and class actions. So far, judges don't appear receptive to those efforts.聽

• Fed. Circ. Questions Patent Ownership After J&J's $20M Loss

  By Dani Kass

  The Federal Circuit appeared somewhat skeptical Friday that an orthopedic surgeon held onto the rights of knee replacement patents that he disputably assigned elsewhere, which would endanger the $20 million infringement verdict he won against a Johnson & Johnson unit.

• Fired Red Cross Vax Refuser Seeks $6M As Jury Trial Wraps

  By Danielle Ferguson

  An attorney for a nurse fired from the American Red Cross after being denied religious accommodation from the COVID-19 vaccine mandate asked a Detroit federal jury Friday for more than $6 million in damages for what he said was the organization's disregard of the woman's beliefs.

• Meta's Alleged Book Piracy Is Next Phase Of Authors' IP Suit

  By Ivan Moreno

  A California federal judge said Friday that a group of bestselling authors' claims that Meta Platforms infringed their copyrights by downloading and allegedly distributing their works through peer-to-peer networks will proceed to summary judgment.

• The Biggest TM Rulings Of 2025: A Midyear Report

  By Ivan Moreno

  Justices overturned a trademark award of more than $40 million in a long-running case in which lower courts put a company's affiliates on the hook for the amount, and a pair of precedential decisions from the Federal Circuit provided guidance on whether colors can be protected trade dress. Here is Law360's list of the biggest trademark decisions so far this year.

• FCC Approves T-Mobile's $4.4B UScellular Deal

  By Christopher Cole

  Federal Communications Commission staff late Friday approved the license transfers needed for T-Mobile to complete its $4.4 billion acquisition of UScellular wireless operations.

• FCC Cuts 'Utility-Style' Internet Regs After Net Neutrality's Fall

  By Christopher Cole

  The Federal Communications Commission on Friday slashed 41 "utility-style" regulations on broadband service and network interconnection, following a Sixth Circuit ruling in January that sank Biden-era net neutrality rules.

• MSN Beats Novartis' Patent Suit Over Entresto

  By Adam Lidgett

  A Delaware federal judge on Friday found that Novartis couldn't show that MSN Pharmaceuticals Inc. infringed a patent related to its blockbuster drug Entresto, the latest in the company's wide-ranging fight to keep a generic version of the product off the market.

• Trump Declares 35% Canadian Import Tariff Is Coming Aug. 1

  By Dylan Moroses

  President Donald Trump has sent a letter to Canadian Prime Minister Mark Carney indicating Canadian goods entering the U.S. outside the compliance of a regional trade agreement will face 35% tariffs beginning Aug. 1.

• Ramey IP Atty Sanctioned But Beats Netflix's Contempt Bid

  By Dorothy Atkins

  A California federal judge sanctioned a prolific patent plaintiff's former counsel William Ramey and the Ramey LLP law firm for sharing Netflix's confidential information with a third party while pursuing patent infringement claims against Netflix, but he declined to review whether Ramey should be held in civil contempt.