- Legalnews.bloomberglaw.com
Trump Account Plan Spurs Feedback on Dependents, Employer Rules
The IRS is evaluating public comments on proposed regulations for Trump Accounts, a child savings vehicle, after receiving extensive feedback on dependent definitions and employer rules. The proposal,…
- Legalnews.bloomberglaw.com
Case: Wage & Hour/FMLA Retaliation (S.D.N.Y.)
A New York federal court denied Winifred Masterson Burke Rehabilitation Hospital’s motion to dismiss FMLA interference and retaliation claims by a Black, gay male employee with disabilities, citing pl…
- Legalnews.bloomberglaw.com
Appeals Panel Probes Basis for IRS Information Sharing With ICE
A First Circuit appeals panel scrutinized whether the IRS can share taxpayer data with ICE based solely on the government’s claim that 1.3 million people with removal orders are under criminal investi…
- Legalnews.bloomberglaw.com
Gibson Wins Fees From Bankrupt Guitar Rival in Trademark Suit
Gibson Inc. secured a $4M award of attorneys’ fees and costs from Armadillo Distribution Enterprises, a bankrupt firm, following a trademark dispute over Dean-branded guitars. The ruling, issued by a …
- Legalnews.bloomberglaw.com
Farm Machinery Shares Drop on US Probe Into Market Practices (1)
The FTC and USDA opened a public inquiry into potential anticompetitive practices in the farm equipment market after farmer complaints about barriers to acquiring machinery and services. Shares of Dee…
- Legalnews.bloomberglaw.com
Case: Wage & Hour/Overtime (D.N.J.)
A New Jersey federal court rejected Campbell’s Company and Pepperidge Farm Incorporated’s attempt to dismiss unpaid overtime claims by hourly food production workers, ruling that allegations of uncomp…
- Legalnews.bloomberglaw.com
DHS Proposes New $100,000 Fee on Foreign Grad Work Program (1) - Bloomberg Law News
DHS proposed a $100,000 fee for international graduates participating in Optional Practical Training (OPT), including $70,000 for initial 12-month authorization and $30,000 for STEM extensions. School…
- Executivenews.bloomberglaw.com
Patent Office Chief Taps UVA Professor as Top Agency Lawyer (1)
The US Patent and Trademark Office named University of Virginia law professor John F. Duffy as general counsel and acting solicitor, effective immediately. Duffy, known for his expertise in patent law…
- Legalnews.bloomberglaw.com
ACLU Files Bias Complaint Over Criteria’s Emotify Employer Tech
The ACLU filed a complaint with California’s Civil Rights Department alleging Criteria Corp.’s Emotify pre-employment assessment tool may discriminate against disabled, racial, and gender groups. The …
- Legalnews.bloomberglaw.com
Chicago Authorities Say Federal Law Permits Social Media Tax
Chicago authorities argue its social media amusement tax is not preempted by the federal Internet Tax Freedom Act (ITFA) because no offline equivalent exists, countering a NetChoice lawsuit filed in M…
- news.bloomberglaw.com
NYC Extends Deadline to Apply for Pied-à-Terre Tax Exemption
New York City extended the deadline to apply for a pied-à-terre tax exemption to October 13 due to legal challenges and confusion over the tax's rollout. The city has approved over 5,200 exemption req…
- Legalnews.bloomberglaw.com
Alaska Oil and Gas Lease Reinstatement Moots Legal Challenge - Bloomberg Law News
The Ninth Circuit ruled that a legal challenge to Alaska oil and gas leases became moot after the leases were reinstated to active status. Environmental and tribal groups had sought to keep the case a…
- Featurepro.bloomberglaw.com
Bloomberg Law and Bloomberg Regology Help Corporate Counsel See What’s Next - Bloomberg Law
Bloomberg Law and Bloomberg Regology launched AI-driven capabilities at the ACC Annual Meeting to help corporate counsel connect legal and regulatory changes to business implications. New features inc…
- Legalnews.bloomberglaw.com
Private Equity Blocked From Buying Stakes in Tennessee Law Firms
Tennessee’s Supreme Court rejected private equity ownership of law firms while signaling openness to future reforms. The court also stripped the ABA of primary law school accreditation power in the st…
- Hiringnews.bloomberglaw.com
Cozen O’Connor Taps Wohl to Lead Real Estate Leasing (Correct)
Cozen O’Connor appointed Russell Wohl as counsel to lead its real estate leasing practice in New York City, focusing on high-value office leases and ground-up construction projects. Wohl joins from Sk…
- lw.com
Accomplished ITC Lawyer Joins Latham & Watkins in Washington, D.C.
Lisa Kattan, a prominent ITC lawyer specializing in Section 337 investigations, joined Latham & Watkins as a partner and Co-Chair of its ITC Practice in Washington, D.C. She brings deep government and…
- Hiringnews.bloomberglaw.com
Sullivan & Cromwell Nabs Ashurst, McGuireWoods Appellate Chairs
Sullivan & Cromwell hired Jonathan Ellis (ex-McGuireWoods), Michael Huston (ex-Ashurst Perkins Coie), and Nicholas Crown (ex-Ashurst Perkins Coie) to lead its Supreme Court and appellate practice. The…
- Legalnews.bloomberglaw.com
Software Company Investors, Lawyers Get Partial Court Sanctions
A Delaware federal judge partially sanctioned investors and their attorneys for bringing unreasonable claims against software company Vantage Corp. and its founder, but did not require them to pay the…
- news.bloomberglaw.com
US Fight to Regulate Stablecoin Is a Tax and Economics Problem
The article examines the US Senate's Clarity Act debate on regulating stablecoin yield, including economic risks to banks and tax complexities for stablecoin rewards. It highlights potential deposit f…
- Legalnews.bloomberglaw.com
NYC Continues Pied-à-Terre Tax Rollout as Legal Challenges Mount - Bloomberg Law News
NYC is enforcing its pied-à-terre tax on second homes over $5M despite a court order requiring a redo of taxpayer notifications. The Oct. 6 appeal deadline remains unchanged, and the city plans to app…
- news.bloomberglaw.com
OpenAI Accused of Copying ‘Astra’ Trademark With New Model (1) - Bloomberg Law News
TradeSun Inc. sued OpenAI for trademark infringement, alleging OpenAI’s new GPT-6 Astra model copied its federally registered 'ASTRA' trademark for AI software. TradeSun claims reverse confusion and s…
- Legalnews.bloomberglaw.com
Starbucks Loses Bid to Dismiss Union Trademark, Copyright Suit
A federal judge ruled that Starbucks cannot dismiss a union’s trademark and copyright lawsuit, allowing the case to proceed to discovery. The ruling hinges on whether the union’s use of the Starbucks …
- Legalnews.bloomberglaw.com
Ex-CEO Sued by SEC Over Firm Shares Issued to Family, Associates - Bloomberg Law News
The SEC sued David Reichman, former CEO of Global Tech Industries Group, alleging he issued tens of millions of shares to family and associates without services, concealed his daughter’s stake, and lo…
- Legalnews.bloomberglaw.com
Microsoft Settles Copyright Suit Over Voice-to-Text Software - Bloomberg Law News
Microsoft and Nuance settled a copyright lawsuit filed by Cerence, a Nuance spin-off, alleging unauthorized use of text-to-speech software after license expiration. The agreement is expected to be fin…
- news.bloomberglaw.com
Migrant Voting Case Tossed, Judge Says Law Is Unconstitutional
A federal judge dismissed a migrant voting case in Florida, ruling a 40-year-old federal statute unconstitutional for overstepping Congress's authority to regulate voter qualifications in federal elec…
- Legalnews.bloomberglaw.com
California’s AI Law Hits Lawyers With Tough Disclosure Decisions
California’s SB 574, effective Jan. 1, requires attorneys to disclose generative AI use in court-filed documents, verify all citations personally, and avoid public AI tools for confidential data. The …
- news.bloomberglaw.com
Man Who Founded Investment Funds as Teen Settles SEC Lawsuit (1) - Bloomberg Law News
The SEC settled with Krish Kumar for nearly $500,000 after he allegedly transferred $7M from investment funds to his personal accounts while a college student. The SEC sought over $6M in claims relate…
- Legalnews.bloomberglaw.com
Capital Group ERISA Remedies Petition Draws Justices’ Attention
The U.S. Supreme Court requested a response from a plaintiff in a case involving Capital Group’s 401(k) plan, where the company seeks to limit ERISA remedies for plan-wide relief. The Ninth Circuit pr…
- Legalnews.bloomberglaw.com
IRS Issues New Release on Proposed Rulemaking for Federal Scholarship Tax Credit
The IRS released proposed regulations for a new Federal Scholarship Tax Credit (I.R.C. §25F), allowing up to $1,700 annually for individual taxpayers and $3,400 for joint filers on contributions to Sc…
- Legalnews.bloomberglaw.com
Reuters Sued Over Purchase of Westlaw’s Low-Priced Competitor
A proposed class action lawsuit accuses Thomson Reuters of antitrust violations after acquiring and dissolving Casetext, a low-cost legal research competitor, allegedly forcing law firms into higher p…
- Legalnews.bloomberglaw.com
SEC Moves to Ease Rules for Investment Firms to Hold Crypto (1)
The SEC proposed allowing investment firms to hold clients’ crypto assets if no qualified custodian is available, including state trust companies. The 760-page proposal aims to address gaps between cr…
- Legalnews.bloomberglaw.com
Jackson Walker Threatened With Sanctions Over New Romance Case
A Houston bankruptcy judge ordered Jackson Walker LLP to explain why it shouldn’t face sanctions in Diebold Holding Co.’s Chapter 11 case for failing to disclose a romance between a former firm partne…
- Legalnews.bloomberglaw.com
Sixth Circuit Blocks Hundreds of Late-Filed PBM Opioid Suits
The Sixth Circuit overturned a trial judge’s decision to allow 800 late-filed opioid lawsuits against pharmacy benefit managers like OptumRx and Express Scripts, ruling the trial court abused its disc…
- Legalnews.bloomberglaw.com
Amazon Tariff Refund Suits Combined in Washington Federal Court
Six lawsuits against Amazon over tariff refunds were centralized in Washington’s Western District Court on Oct. 2, 2026, after the US Supreme Court struck down tariffs imposed under the International …
- Legalnews.bloomberglaw.com
Illinois Prediction Market Ruling Deepens High Court Urgency
A federal court in Illinois ruled that sports prediction markets qualify as federally regulated swaps, preempting state licensing laws, creating a circuit split. The decision contrasts with recent rul…
- Legalnews.bloomberglaw.com
Amazon to Pay $8.25 Million in DC Delivery Suit Settlement (1)
Amazon agreed to pay $8.25M to resolve a lawsuit alleging it charged full Prime membership prices to D.C. residents in Ward 7 and 8 while excluding them from faster delivery services. The settlement i…
- Legalnews.bloomberglaw.com
Enron-Era Audit Watchdog’s Enforcement Powers Upheld by Judge - Bloomberg Law News
A federal judge upheld the enforcement powers of the PCAOB, the audit industry watchdog created after Enron, rejecting challenges from two unnamed accountants. The ruling preserves the board’s ability…
- Legalnews.bloomberglaw.com
Mark Cuban-Backed Startup Escapes Robot Software Patent Suit - Bloomberg Law News
A federal magistrate judge dismissed patent infringement claims against Osaro Inc. and Parallel Domain Inc., both accused of violating AI robot-vision patents owned by the Artificial Intelligence Indu…
- Legalnews.bloomberglaw.com
NJ Tax Court Tosses Online Sellers’ Income Tax Expansion Case - Bloomberg Law News
New Jersey’s Tax Court dismissed a challenge to 2025 regulations expanding income tax obligations to out-of-state online merchants, ruling the rules do not violate federal Public Law 86-272. The decis…
- news.bloomberglaw.com
Poop Drone Software Maker SewerAI Hit With Sale Price Challenge - Bloomberg Law News
A Delaware Chancery Court petition seeks to reprice SewerAI’s $342M acquisition by JMI Management affiliates, alleging improper valuation. Shareholder William Brown, who cashed out 245,000 shares, fil…
- Legalnews.bloomberglaw.com
Anti-DEI Group Advances Lawsuit Over Hispanic Scholarship Fund - Bloomberg Law News
A federal judge ruled that the anti-affirmative action group American Alliance for Equal Rights can proceed with its lawsuit against the Hispanic Scholarship Fund, alleging racial discrimination by ex…
- Hiringnews.bloomberglaw.com
Winston Taylor Recruits Frisch for Digital Assets in Chicago
Winston Taylor added Michael Frisch as a partner in its financial innovation and digital assets practice in Chicago, focusing on regulatory compliance and enforcement for crypto/Web3 clients. Frisch j…
- Legalnews.bloomberglaw.com
Courts’ 401(k) Forfeiture Ambiguity Hits Verizon, Legacy Health
A New York judge ruled Verizon may have breached fiduciary duties by using 401(k) forfeitures to fund plan contributions instead of reducing administrative costs. An Oregon judge ruled similarly again…
- hklaw.com
Capital Markets and M&A Partner Jake Farquharson Joins Holland & Knight
Holland & Knight hired Jake Farquharson as a partner in its New York office, bringing expertise in capital markets, M&A, and REIT transactions. Farquharson previously worked at Clifford Chance and has…
- Legalnews.bloomberglaw.com
Democrats Call on Treasury to Scrap Immigrant Tax Credit Rule
Democratic lawmakers called on Treasury to withdraw a proposed rule limiting immigrants’ eligibility for tax credits, arguing it constitutes regulatory overreach. The rule targets both undocumented an…
- Legalnews.bloomberglaw.com
California Bans Using AI to Monitor Workers’ Brains, Emotions
California enacted AB 1883, prohibiting employers from using AI to monitor workers’ brain activity or infer emotional states via surveillance tools like video, audio, or geolocation systems. Violation…
- Legalnews.bloomberglaw.com
AI-Related Mass Layoff Notices Required in New California Law
California Governor Gavin Newsom signed SB 951, requiring employers to disclose AI-driven mass layoffs, including job types and automation technology used. The law expands the state’s WARN Act and tas…
- Legalnews.bloomberglaw.com
California Sets Rounding Rules for Retailers Post-Penny Phaseout
California signed AB 1793 to require retailers to round cash transactions to the nearest nickel, addressing penny shortages after the US Mint stopped production in November 2025. Transactions ending i…
- Legalnews.bloomberglaw.com
New California Law Caps Consultant Pay in Local Sales Tax Deals
California Governor Gavin Newsom signed SB 1172, capping consultant pay at 5% of shared tax revenue or $250,000 (whichever is less) and limiting payments to three years for new local sales tax agreeme…
- Legalnews.bloomberglaw.com
California Cracks Down on Montana-Plated Vehicles as Tax Dodge
California enacted SB 1406 to close the 'Montana loophole,' allowing revenue officials to pursue residents using shell companies in Montana to dodge sales taxes and fees on vehicles. The law aims to r…
- Legalnews.bloomberglaw.com
Wall Street Regulator Moves to Expand Private Fund Access (2)
The SEC proposed allowing registered investment advisers to charge up to 20% performance fees for private funds, aligning fee structures with hedge fund models to encourage retail investor participati…
- Legalnews.bloomberglaw.com
Newsom Signs First-of-Its-Kind Bill on Lawyer, Arbitrator AI Use
California signed SB 574, the first law governing attorneys’ use of generative AI, banning delegation of legal practice to AI and requiring citation verification in filings. Similar restrictions apply…
- Legalnews.bloomberglaw.com
Archer Aviation Can’t Escape Joby’s Air Taxi Trade Secrets Suit - Bloomberg Law News
A U.S. magistrate judge ruled that Archer Aviation and a former executive cannot escape Joby Aviation’s trade secrets lawsuit, finding sufficient evidence of misappropriation of proprietary airport le…
- news.bloomberglaw.com
Olivia Dean Song Copied ‘Just the Two of Us’ Melody, Suit Says - Bloomberg Law News
A lawsuit claims Olivia Dean’s 2025 song 'I’ve Seen It' copies the melody of Bill Withers’ 1981 hit 'Just the Two of Us.' The plaintiff, Bleunig Music, owns the copyright to Withers’ song and seeks da…
- news.bloomberglaw.com
Renee Good’s Family Files Lawsuit Over Her Death in ICE Shooting
The family of Renee Good sued the federal government after she was shot and killed by an ICE agent during an enforcement operation in Minneapolis. The complaint alleges wrongful death, battery, and ne…
- Legalnews.bloomberglaw.com
New Mexico Seeks $40 Billion Penalty From Meta in Historic Trial
New Mexico’s Attorney General requested a $40 billion civil penalty against Meta Platforms Inc. after a jury found the company violated the state’s Unfair Practices Act 43 million times. The penalty, …
- Legalnews.bloomberglaw.com
ANALYSIS: Digital Assets Legal Outlook | Sept. 25–Oct. 1, 2026 - Bloomberg Law News
Bloomberg Law’s weekly analysis highlights growing divergence between state and federal digital asset regulations, exemplified by California’s memecoin ban and the CLARITY Act’s omissions. A new Oct. …
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