House Ag Leaders Urge Trump To Fill Bipartisan CFTC Seats

By Aislinn Keely

Leaders of the House agriculture committee are jointly urging President Donald Trump to nominate bipartisan candidates to the U.S. Commodity Futures Trading Commission to serve alongside lone Republican Chairman Michael Selig.

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Fintech Yotta To Pay Calif. $1M Over False FDIC Claims

By Aislinn Keely

California's Department of Financial Protection and Innovation has brought two fintech-focused actions, levying a $1 million fine against a partner of collapsed fintech Synapse and separately mandating a bitcoin ATM operator shut down its kiosks in the state.

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Brief

Bitcoin Depot Hits Ch. 11, Blaming Crypto Crackdown

By Rick Archer

Bitcoin Depot, a nationwide operator of bitcoin automatic teller machines, filed for Chapter 11 protection in a Texas bankruptcy court with nearly $27 million in debt and plans to wind down and sell its assets, blaming increasingly stringent regulation and enforcement.

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SEC Ends 'Gag Rule' Policy For Enforcement Settlements

By Jessica Corso

The U.S. Securities and Exchange Commission on Monday scrapped a decades-old enforcement policy that prohibited settling parties from denying the agency's allegations against them, saying the policy made it appear as though the SEC was trying to "shield itself from criticism."

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Justices Refuse To Review Alice Ax Of $223M USAA Case

By Ryan Davis

The U.S. Supreme Court on Monday rejected the United Services Automobile Association's appeal of a Federal Circuit decision that wiped out $223 million in judgments it won against PNC Bank and found the mobile check deposit patents at issue invalid for covering only abstract ideas.

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Series

Judges On AI: How Courts Can Survive The Tech Revolution

Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

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Murdaugh Sues Ex-Court Clerk Who Tried To Sway The Jury

By Jack Karp

Disgraced attorney Alex Murdaugh is suing the court clerk whose attempt to influence the jury in his murder trial led the South Carolina Supreme Court to overturn his murder conviction.

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Morgan & Morgan Atty Barred From Harvard Suit Over AI Error

By Chris Villani

A Massachusetts judge on Monday said a Morgan & Morgan PA attorney may not appear before him in a suit against Harvard University over the theft of body parts donated to its medical school, saying the lawyer did not learn his lesson after signing off on briefs in another case with fake case law generated by artificial intelligence.

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Trump Seeks Circuit Seats For 2 Judges He Appointed

By Courtney Bublé

President Donald Trump's recent picks for the Eighth and Tenth Circuits mark the first time in his second administration that he's seeking to elevate judges he appointed in his first term.

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Health Co. Wants Kirkland Off IP Case For 'Cardinal Sin'

By Elliot Weld

A healthcare company suing medical technology company Commure Inc. over alleged trade secret theft has said Kirkland & Ellis LLP should be disqualified from representing Commure because the healthcare company had tried to retain Kirkland prior to filing the suit and shared confidential information before anyone asked who the defendant was going to be.

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Wyoming Prosecutor Confirmed Despite Misconduct Rebuke

By Courtney Bublé

Just a few days ago, federal judges tossed nine criminal indictments after President Donald Trump's pick to lead the U.S. attorney's office of Wyoming was accused of prosecutorial misconduct. On Monday evening, he was confirmed to permanently lead the office.

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Analysis

Half The Nation's Bar Apps Could Remove Rape Questions

By Cara Bayles

By next year, it's possible that about half of U.S. jurisdictions will have amended character and fitness questions to avoid dredging up aspiring lawyers' sexual trauma. But while advocates hail the reforms as progress, concerns linger about the patchwork this could create across the country.

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Ex-Willkie Atty Banned By SEC For Insider Trading

By Emily Sawicki

A former Willkie Farr & Gallagher LLP mergers and acquisitions attorney who earlier this month admitted to taking part in a widespread BigLaw insider trading scheme will be barred from representing a client before the U.S. Securities and Exchange Commission for a minimum of four years, according to an order the agency issued Monday.

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NY Judge Largely Halts Manhattan Immigration Courts Arrests

By Rae Ann Varona

A New York federal judge Monday largely barred U.S. Immigration and Customs Enforcement from conducting arrests at three Manhattan immigration courthouses, finding there was no good reason why "unfettered discretion" by ICE officers was better than a policy with arrest limitations.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled a broad mix of celebrity estate litigation, merger disputes, investor suits, record demands, sanctions fights and questions over corporate moves away from Delaware.

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