Top Stories
‘No Winners’ if States Launch Water War Amid Megadrought
The seven states using Colorado River water likely will avoid an epic legal showdown over the most severe water cuts amid the region’s megadrought—but legal analysts say California, Nevada, and Arizona in particular will face heavy burdens to conserve.
Longtime Trump CFO Weisselberg Pleads Guilty to Tax Fraud
Longtime
Penguin-Simon Trial to Proceed Without `Efficiencies’ Data
Penguin Random House LLC must refrain from using certain economic data to justify its $2.18 billion acquisition of Simon & Schuster Inc., after a federal judge threw out defense testimony in the trial over the deal.
Endo Follows Opioid Bankruptcy Gameplan, With a Few Twists
Endo International Plc’s bankruptcy filing this week follows other big pharma companies into Chapter 11 to manage liability from the nation’s opioid crisis, but contains some key distinctions from notable mass tort litigation bankruptcies that have come before it.
Big Law Profit Plunge Looks Like Precursor to Another Good Year
Big Law profit margins are down, while billing rates are up. Here’s what that means law firms for the rest of the year.
IRS Is Hiring New Employees, Not Raising an Army
Is the IRS raising an army? Are armed IRS agents heading your way?
Like all rumors, these started with a grain of truth. Here’s what you need to know about IRS funding, criminal investigations, and who, exactly, will be carrying a gun.
Prince, Andy Warhol, and Fair Use at the Supreme Court
Did Andy Warhol violate copyright law when he used a photo of Prince as source material? We explore the case, and the key consideration of "transformative use" in this video.
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Navigating Accounting Firm Mergers and Shakeups
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