A federal judge rules that President Donald Trump’s lawsuit against the Internal Revenue Service was legally improper, and bars Trump and the government from relying on a related settlement in later proceedings. Bloomberg and the Financial Times report that the judge finds the case lacks a “basis in law” and characterizes Trump’s filing as “bad faith,” preventing the parties from citing the settlement in future regulatory or judicial matters. The Financial Times similarly says the suit had no basis in law or fact, and notes the decision undermines the ability of Trump and his family to benefit from the arrangement. The National Post adds that the ruling raises questions about whether the president and his family can use the settlement’s claimed immunity from tax audits or other inquiries tied to past tax filings. While the outlets describe the judge’s reasoning in similar terms, they focus on different implications: Bloomberg emphasizes the prohibition on citing the settlement in future actions, while other coverage highlights the potential effect on the scope of any promised tax-related protections. The decision is presented as a rejection of the deal’s legal foundation.