Trump's CFPB Pick Pledges Up To 2-Year Capital One Recusal

By Jon Hill

Brian Johnson, a Capital One executive whom President Donald Trump has tapped to lead the Consumer Financial Protection Bureau, will temporarily sit out any agency matters that specifically involve the credit card banking giant if confirmed, according to a newly released ethics agreement.

1 document attached | Read full article » | Save to favorites »

10th Circ. Backs Debt Collector In FCRA Identity Theft Dispute

By Lauren Berg

A Georgia-based debt collection company does not have to face a $500,000 jury verdict that it failed to reasonably investigate a disputed debt involving identity theft, the Tenth Circuit ruled Monday, joining other circuits in holding that it's up to the consumer to show the underlying information was incorrect.

Opinion attached | Read full article » | Save to favorites »

BofA Agrees To Pay $4.3M To Settle Unused Vacation Pay Suit

By Bonnie Eslinger

Bank of America agreed to a $4.3 million deal to end claims that it didn't pay out unused vacation time for thousands of workers, though the settlement hit a minor setback when a federal judge ruled the plaintiffs set a hearing date too soon after filing their preliminary approval motion.

Memorandum attached | Read full article » | Save to favorites »

Celsius' Goldstein Owes $2M, Banned From Crypto Trading

By Craig Clough

The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to customers before the platform went bankrupt, a New York federal judge has ordered.

Order attached | Read full article » | Save to favorites »

JPMorgan Infringed Privacy Tech Patents, Software Co. Claims

By Adam Lidgett

JPMorgan Chase's payment processing systems have been infringing a trio of patents covering technology meant to protect data during transactions, according to a lawsuit filed in Texas federal court.

Complaint attached | Read full article » | Save to favorites »

King & Spalding Adds Finance Partner In NY From Proskauer

By Jack Rodgers

A longtime finance associate at Proskauer Rose LLP has joined King & Spalding LLP's New York office as a partner, just a month after the firm added another three lawyers from her former team, the firm announced Monday.

Read full article » | Save to favorites »

OCC Letter Affirms Nat'l Banks' Shield From State Licensing

The Office of the Comptroller of the Currency recently published a letter supporting Fidelity Digital Assets' stance that state money transmitter licensing requirements do not apply to national banks, confirming the agency's long-standing interpretive position on this issue, say attorneys at Katten.

Letter attached | Read full article » | Save to favorites »

JPMorgan Ruling Shows Courts' Limited Role In Fee Fights

The Delaware Chancery Court's recent decision that JPMorgan Chase must cover more than $21 million in disputed legal fees for two former executives of the startup Frank illustrates the reality that companies, not the courts, are responsible for ongoing supervision of legal spending, says Theodore Edelman at GCE Advisors.

Read full article » | Save to favorites »

Preparing For Next Congress With Eye On Investigation Risk

Rod Rosenstein, Brian Whisler and Bruce Linskens at Baker McKenzie offer advice for organizations seeking to build a proactive response plan to potential congressional oversight as the election looms.

Read full article » | Save to favorites »

How Competitive Is Your Compensation? Take Our Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

Read full article » | Save to favorites »

Trump Admin Wants Susman Godfrey DQ In ABA's EO Suit

By Adrian Cruz

Over a year into a suit by the American Bar Association challenging 2025 executive orders targeting law firms, the Trump administration is looking to have Susman Godfrey LLP disqualified as plaintiffs' counsel, alleging the firm can't act as counsel in a case where it's also a key witness.

Motion attached | Read full article » | Save to favorites »

Simpson Thacher Points To Audit Issues In Malpractice Trial

By Cara Salvatore

A corporate founder seeking more than $100 million in a malpractice case against Simpson Thacher & Bartlett LLP endured a withering cross-examination in Florida state court Monday over his companies' money flows and an auditor's refusal to certify their financial statements two years after the fundraising transaction he believes the firm botched.

Read full article » | Save to favorites »

Jackson Walker, US Trustee Denied Delay In Romance Dispute

By Emma Cueto

Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretrial proceedings to continue negotiating a possible settlement, a judge ruled Monday.

2 documents attached | Read full article » | Save to favorites »

AGs Say DOJ Suit Would 'Upend' Atty Discipline System

By Phillip Bantz

Attorneys general in 20 states have raised alarms over the U.S. Department of Justice's "unprecedented effort" to halt a disciplinary case in D.C. against former federal prosecutor Jeffrey Clark, warning the Trump administration is trying to "upend a centuries-old system of attorney discipline" and put federal government lawyers beyond the reach of local disciplinary authorities.

Brief attached | Read full article » | Save to favorites »

Tennessee Lawyer Disbarred For Doxxing Judge, Hiding Client

By Rachel Rippetoe

The Supreme Court of Tennessee on Monday upheld a decision to permanently disbar a family law attorney for harassing a juvenile court judge online and illegally hiding a client and their child from police officers in her home.

Read full article » | Save to favorites »

Trump Demands Review Of Judges' Science Manual

By Courtney Bublé

President Donald Trump has escalated a recent controversy over a scientific manual for federal judges that has been around for over three decades. 

Read full article » | Save to favorites »

Another NYC Public Defense Union Sets Strike Deadline

By Andrea Keckley

The Neighborhood Defender Service of Harlem union became the latest New York City-area legal aid union to set a strike deadline this week, announcing Monday that its over 230 members will walk off the job if they don't reach a deal with their managers by Friday at 8 a.m.

Read full article » | Save to favorites »

Atty Says Firm Used Info From Merger Talks Against Him

By Christine DeRosa

A Florida-based attorney and accountant has accused DeWitt LLP of retaliating against him after he declined to merge his estate practice with the firm by representing a woman he sued for defamation in a separate case after he had shared confidential information with DeWitt.

Complaint attached | Read full article » | Save to favorites »

NYC Judiciary Advisory Committee Executive Steps Down

By Andrea Keckley

The executive director of New York City's Mayor's Advisory Committee on the Judiciary has resigned, a City Hall spokesperson confirmed Monday, as the committee's near-total vacancy continues.

Read full article » | Save to favorites »

Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week tackled disputes involving intellectual property, corporate control, fiduciary duties, artificial intelligence, trust administration and cryptocurrency litigation.

Read full article » | Save to favorites »