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Featured
CFPB 'Will Continue Operations' As Gov't Shutdown Hits
The Consumer Financial Protection Bureau has told its staff to expect business as usual amid the government shutdown that began Wednesday, assuring them that operations, pay and benefits will continue uninterrupted, according to an internal email obtained by Law360.
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December 17, 2025
20 States Back 10th Circ. Rehearing In Colo. Interest Rate Row
Utah has led a group of 20 states in backing a push by banking groups for a full Tenth Circuit rehearing of their challenge to a Colorado law intended to curb high-cost lending in the state, saying a recent panel decision upholding the law harms states' interests.
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December 17, 2025
Bank Deserves Sanctions In Jail Debit Card Suit, Court Told
A class of formerly incarcerated people who've accused the Central Bank of Kansas City of charging excessive fees on prepaid debit cards told a Washington federal judge that the bank should face sanctions for failing to sort and hand over documents required for compliance with an August court order.
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December 17, 2025
The Top Trademark Decisions Of 2025
The U.S. Supreme Court vacated a trademark infringement award that reached nearly $47 million and found nonparties couldn't be on the hook for the amount, while the Federal Circuit reproached a trademark tribunal for its handling of a man's attempt to register the F-word. Here are Law360's picks for the biggest trademark decisions of 2025.
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December 17, 2025
Tricolor Execs Charged With Fraud In Billion-Dollar Collapse
A Manhattan federal grand jury has indicted the ex-CEO and ex-chief operating officer of bankrupt subprime auto lender Tricolor Holdings, saying they engaged in years of fraud on the company's lenders and investors.
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December 16, 2025
Fed Ends Goldman 1MDB, Metropolitan Card Consent Orders
The Federal Reserve announced Tuesday it has lifted consent orders against Goldman Sachs and Metropolitan Commercial Bank, closing matters tied to Goldman's purported role in the 1MDB scandal and Metropolitan's oversight of a prepaid-card program that government agencies alleged was fraud-ridden.
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December 16, 2025
Crypto Host Must Pay $1.2M For Breaching Mining Deal
A federal judge in Washington state ruled Tuesday that a cryptocurrency computer host breached a contract it signed with a bitcoin mining company and unlawfully retained its equipment, awarding the mining firm $1.2 million in damages.
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December 16, 2025
FDIC Floats Application Process For Stablecoin Issuance
The Federal Deposit Insurance Corp. on Tuesday took its first major step towards implementing the federal stablecoin law known as the Genius Act when it moved forward with plans for an application process by which insured depository institutions can seek to issue stable-value tokens.
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December 16, 2025
Custodia Seeks Full 10th Circ. Review Of Master Account Suit
Custodia Bank says the full Tenth Circuit should review a split panel's decision granting Federal Reserve banks the discretion to reject master account access requests from eligible entities, arguing that the "incorrect" ruling wrongly gave Federal Reserve Bank presidents plenary power to determine "whether a bank shall live or die."
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December 16, 2025
Dems Press DOJ On Concerns It's Favoring AG's Atty Brother
A group of Democratic lawmakers on Tuesday asked the U.S. Department of Justice to explain why it keeps intervening in or dismissing cases that involve clients represented by U.S. Attorney General Pam Bondi's brother, saying the decisions "raise serious questions about whether impartiality has been compromised."
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December 16, 2025
Corporate Transparency Act Is Constitutional, 11th Circ. Says
The Corporate Transparency Act is constitutional because it regulates economic activities with a substantial impact on interstate commerce and doesn't violate protections against unreasonable searches, the Eleventh Circuit said Tuesday, reversing a lower court's decision.
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December 16, 2025
JP Morgan PE Group's Latest Fund Exceeds Target At $1.44B
J.P. Morgan Asset Management's private equity group closed its 12th flagship fund, PEG Global Private Equity XII, above its $1.25 billion target at $1.44 billion, the firm announced Tuesday.
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December 15, 2025
Senate Banking Committee Pushes Crypto Markup To 2026
The Senate Banking Committee anticipates marking up a crypto market structure proposal in the new year as bipartisan negotiations on the bill continue, a spokesperson for committee chairman Tim Scott, R.-S.C, said Monday.
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December 15, 2025
Walmart Adds To Visa, Mastercard Swipe-Fee Deal Objections
Walmart has become the latest retailer to object to a proposed new settlement between Visa, Mastercard and a class of potentially millions of merchants to resolve two decades of antitrust litigation, claiming the class plaintiffs and counsel have "sold out their fellow class members."
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December 15, 2025
Property Investor Says Florida Real Estate Broker Stole $121M
A Florida rental properly investor accused a real estate broker in state court of misappropriating more than $121 million intended as investment distributions, saying she used her position as manager of several companies to divert the funds to her own accounts.
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December 15, 2025
Bank Of South Sudan Fights Enforcement Of $1B Award
The Bank of South Sudan urged a D.C. federal court not to side with Qatar National Bank in a dispute over enforcement of a $1 billion arbitral award that found South Sudan defaulted on a $700 million loan agreement from its civil war era, arguing that the arbitral tribunal lacked jurisdiction.
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December 15, 2025
Danske Bank Exits DOJ Probation Under $2B AML Deal
Danske Bank announced Monday that it has finished a three-year corporate probation imposed by the U.S. Department of Justice as part of a $2 billion settlement over allegations the Danish lender misled U.S. banks about its anti-money laundering controls for high-risk customers in Estonia.
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December 15, 2025
Wells Fargo Bucks CFO's Deposition In Disability Bias Suit
Wells Fargo wants to block the deposition of its chief financial officer in a senior finance manager's disability bias lawsuit, saying he has no personal knowledge of the claims underpinning her allegations and suggesting that her attorney's "behavior" needs "curtailing."
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December 15, 2025
Sen. Tim Scott's Ex-Chief Of Staff Joins Holland & Hart
Holland & Hart LLP has tapped the former chief of staff for Sen. Tim Scott, R-S.C., to serve as a senior director of federal affairs in the firm's Washington, D.C., office, according to a Monday announcement.
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December 12, 2025
Squires Institutes 7 AIA Reviews, Denies 12 Other Petitions
U.S. Patent and Trademark Office Director John Squires has instituted seven America Invents Act reviews in the second round of cases where he has found that patent challenges warrant consideration since taking over the institution process.
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December 12, 2025
Merchant Orgs. Fight Latest Visa, Mastercard Swipe-Fee Deal
The National Association of College Stores, Energy Markets of America and other industry groups objected Friday to a proposed new settlement between Visa, Mastercard and a class of potentially millions of merchants to resolve two decades of antitrust litigation, claiming the deal "does not come close to fixing the swipe fee challenges" faced by merchants.
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December 12, 2025
PrimaLend's Parent Co. Files Ch. 11 With Equity Holder OK
PCAP Holdings LP, the parent company of bankrupt auto dealership lender PrimaLend Capital Partners, itself filed for Chapter 11 protection on Friday after PrimaLend's noteholders complained that the parent was not also included in the initial bankruptcy case.
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December 12, 2025
OCC Conditionally Grants 5 Crypto-Focused Trust Charters
The Office of the Comptroller of the Currency on Friday gave five crypto-focused firms a preliminary nod to operate as national trust banks, clearing the way for crypto to integrate further into the banking system despite pushback from banking lobbyists.
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December 12, 2025
Ex-Fiserv CEO Accused Of Insider Trading In New Suit
The top brass of payments company Fiserv Inc., including ex-CEO and Social Security Administration head Frank Bisignano, face shareholder derivative claims that they misled investors about a flagship product's declining sales and used the resulting inflated share prices to justify $7.9 billion in stock buybacks as Bisignano and another officer made proceeds of over $600 million selling off their Fiserv shares.
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December 12, 2025
Oppenheimer Fined $1.2M In SEC Muni Bond Disclosure Case
Oppenheimer & Co. Inc. has agreed to pay the U.S. Securities and Exchange Commission $1.2 million for allegedly skirting municipal bond disclosure requirements, the regulator announced Friday.
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December 12, 2025
Ex-Rabobank Exec Will Press For Fees From OCC At 9th Circ.
A former Rabobank compliance official will make another attempt to force the Office of the Comptroller of the Currency to pick up the tab for her legal fees for the office's now-abandoned enforcement proceeding, which she says cost her millions of dollars to defend.
Expert Analysis
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Series
Law School's Missed Lessons: Practical Problem Solving
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.
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Crypto In 2025: From Federal Deregulation To State Action
The cryptocurrency enforcement landscape evolved in 2025, marked by federal deregulatory trends and active state attorney general enforcement, creating both opportunity and risk for businesses navigating the digital asset market, say attorneys at Cozen O'Connor.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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Investment Advisers Should Stay Apprised Of New AI Risks
The U.S. Securities and Exchange Commission's recently issued annual examination priorities reiterate a host of regulatory implications for investment advisers using artificial intelligence tools, highlighting that meaningful ongoing due diligence can help mitigate both operational and regulatory surprises amid AI's rapid evolution, says Christopher Mills at Sidley.
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AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities
Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.
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10th Circ. Dissent May Light Path For Master Account Access
While the Tenth Circuit's majority in Custodia Bank v. Federal Reserve Board recently affirmed Federal Reserve banks' control over master account access, the dissent raised constitutional questions that could support banks seeking master accounts in future litigation, say attorneys at Paul Hastings.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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The SEC Whistleblower Program A Year Into 2nd Trump Admin
The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.
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Key Crypto Class Action Trends And Rulings In 2025
As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.
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How New SEC Policies Shift Shareholder Proposal Landscape
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.