TOP NEWS
Eletson, Levona Ask 2nd Circ. To Not Delay Atty Removal
By Emily Sawicki
The new owners of reorganized international shipping group Eletson and a creditor-turned-affiliate have urged the Second Circuit to nix Reed Smith LLP's emergency motion for a stay in a lawsuit seeking to enforce a $102 million arbitral award, as the law firm fights to continue representing the shipping company's pre-bankruptcy shareholders.
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CHAPTER 11
Guo Trustee Settles Clawbacks From Versace, Firms
By Aaron Keller
The Chapter 11 trustee handling convicted Chinese exile Miles Guo's estate has asked a Connecticut bankruptcy judge to approve 10 clawback settlements with Hodgson Russ LLP, BakerHostetler, luxury retailer Versace and others, ending claims totaling $8.6 million but keeping the terms under wraps for six months.
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EXPERT ANALYSIS
LEGAL INDUSTRY
Judges Block Trump's Jenner & Block, WilmerHale Orders
By Lauren Berg, Ali Sullivan and Alison Knezevich
Jenner & Block LLP and WilmerHale both won temporary restraining orders late Friday blocking President Donald Trump's executive orders targeting the firms, with two Washington, D.C., federal judges determining the firms have shown the orders are likely retaliation for their representation of certain clients.
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Law360's Legal Lions Of The Week
By Kevin Penton
UCLA School of Law's Supreme Court Clinic and Gair Gallo Eberhard LLP head this week's list of Law360 Legal Lions, after the U.S. Supreme Court overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank.
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Roundup
UK Litigation Roundup: Here's What You Missed In London
By Max Austin
This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
As a growing number of companies and their general counsel consider moving their incorporation out of Delaware, the state's governor has quickly signed into law a measure revising its corporation statutes, though there are still critics. And 98% of legal leaders in a recent survey said their budgets are increasing in 2025 to handle the extra work stemming from new diversity risks, tech changes and cybersecurity threats.
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