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The High Court has a daunting lineup of decisions yet to issue this year, but it’s checking one off the list with yesterday’s 5-4 holding upholding the right of companies to use arbitration clauses in employment contracts “to prohibit workers from banking together to take legal action over workplace issues” – NYTimes and WSJ and Bloomberg and Law360

Some analysis of the weekend’s update on China/US trade negotiations and the US decision to stand down on its threats to impose $150 billion in tariffs on Chinese imports – NYTimes and Bloomberg

Also on that front, China’s agreed to cut import duties from 25% to 15% on passenger cars [Bloomberg], and the US has eased its stance considerably on telecom equipment maker ZTE – WSJ

We’ve been tracking the expected changes coming to the bank-loathed Volcker Rule, and the alteration process officially starts today with the House set to vote on a bill that would allow “thousands of small and midsize banks to avoid tougher oversight,” paving the way for a reconciliation committee to send reform language to the White House – NYTimes

Beantown’s all in on its bid for Amazon’s HQ2. But there’s real concern in East Boston and elsewhere about whether there’s room enough (and capacity to handle increased housing costs enough) to welcome Bezos & Co. – WSJ

The UK’s culture secretary let it be known on Monday that he was “unlikely to block” Comcast’s proposed takeover of British satellite broadcaster Sky—a distinct departure from the hostile position regulators have taken with famous Sky suitor Rupert Murdoch – NYTimes

SDNY Judge Kevin Castel has given final approval to $309 million in settlements from Deutsche Bank, Barclays, and HSBC with investors over allegations that the banks manipulated Euribor – Law360

Online lender GreenSky Inc. is set to debut its IPO this week with hopes of both a $700 million offering (and corresponding $4.2 billion valuation) and an end to what’s been a tough streak for online-lender IPOs [think LendingClub and Prosper Marketplace, among others] – WSJ

GE is spinning off its railroad business in a deal with Wabtec Corporation (formerly Westinghouse’s mass-transit and railway equipment maker) valued at around $11 billion – NYTimes and WSJ and MarketWatch

Looks like state regulators aren’t content in letting the CFTC and SEC have all the fun when it comes to clamping down on the ICO game – WSJ

Memorial Day’s coming soon (as is a stretch of mid-summer-like weather here in the North). Seems like the right time for a look at recommended summer reading – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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