Will the D.C. Circuit fully affirm the Perkins Coie ruling?
If the U.S. Court of Appeals for the D.C. Circuit affirms in its entirety the district court's May 2, 2025 final judgment holding Executive Order 14230 unconstitutional and permanently enjoining it in Perkins Coie LLP v. U.S. Department of Justice, No. 25-5241 (D.C. Cir.) before Jan 1, 2028, then the market resolves to Yes.
A qualifying ruling must be a written order, opinion, judgment or decision of the U.S. Court of Appeals for the D.C. Circuit disposing of appeal No. 25-5241, the government's appeal of the Perkins Coie judgment. The appeals consolidated with it, Nos. 25-5265 (Jenner & Block), 25-5277 (WilmerHale) and 25-5310 (Susman Godfrey), count only where the same disposition also disposes of No. 25-5241. "In its entirety" means the court affirms the judgment and reverses, vacates or remands no part of it. These resolve to NO: A disposition affirming in part and reversing, vacating or remanding in part, however small the part Reversal or vacatur of the whole judgment Dismissal of the appeal, including voluntary dismissal by the government and disposal on mootness grounds A qualifying ruling settles the market when issued; a later grant of rehearing, rehearing en banc or Supreme Court review does NOT unwind it. A change in the appellee's name or corporate form, including its June 29, 2026 combination into Ashurst Perkins Coie, does NOT affect settlement.