Fed's Barr Calls For Rules To Plug 'Gaps' In Stablecoin Bill

By Aislinn Keely

Federal Reserve Board Governor Michael Barr said Thursday that the success of the recently passed legislative framework for stablecoins is dependent on federal banking agencies and state regulators coordinating to "fill in important gaps" that could threaten consumer protection and the stability of the banking system.

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Ripple Pays $1B For Treasury Management Co. GTreasury

By Rae Ann Varona

Crypto exchange Ripple announced Thursday that it entered a deal to acquire treasury management systems provider GTreasury for $1 billion.

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Kalshi Tells 4th Circ. Md. Is Stepping On CFTC Oversight

By Nadia Dreid

Maryland federal judge was wrong to reject sports betting company Kalshi's argument that its so-called prediction market, which allows users to wager on the outcome of real-world events, counts as a federal derivative exchange, the company said to the Fourth Circuit.

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Justices Told Presidential Firing Limits Rely On 'Soured' Logic

By Katie Buehler

President Donald Trump and a cadre of supporters have urged the U.S. Supreme Court to wipe out what remains of a 90-year-old ruling that empowers Congress to prohibit the president from firing certain agency officials at will, arguing the decision was flawed when originally issued and is now well past its prime. 

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MoneyLion Settles CFPB's Suit Over Military Service Charges

By Sydney Price

The Consumer Financial Protection Bureau and MoneyLion Inc. will settle a Biden-era enforcement action accusing the fintech lender of overcharging military service members, according to a filing in New York federal court.

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Semler Investor Sues For Details Of Strive Bitcoin Merger

By Emilie Ruscoe

An investor in healthcare-focused bitcoin treasury company Semler Scientific Inc. has sued to block a shareholder vote on Semler's proposed acquisition by another corporate bitcoin holder until it provides more information on the deal.

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FTC's Consumer Finance Pivot Brings Industry Pros And Cons

An active Federal Trade Commission against the backdrop of a leashed Consumer Financial Protection Bureau will be welcomed by most in the consumer finance industry, but the incremental expansion of the FTC's authority via enforcement actions remains a risk, say attorneys at Hudson Cook.

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What Cross-Border Task Force Says About SEC's Priorities

The formation of the U.S. Securities and Exchange Commission's cross-border task force, focused on investigating U.S. federal securities law violations overseas, underscores Chairman Paul Atkins' prioritization of classic fraud schemes, particularly involving foreign entities, say attorneys at Cleary.

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Series

Traveling Solo Makes Me A Better Lawyer

Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

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Federal Courts To Scale Back Operations Amid Shutdown

By Ryan Boysen

The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.

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Loan Forgiveness Overhaul May Chill Legal Aid Work

By Alison Knezevich

Civil legal services groups and public defenders say the Trump administration's proposed change to the Public Service Loan Forgiveness program would politicize the initiative and make it harder to recruit attorneys to jobs that pay less than the private sector.

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Utah Fires Motley Rice From Opioid Case

By Jack Karp

The state of Utah has fired Motley Rice LLC from representing it in long-running litigation over the opioid crisis, a spokesperson for the Utah attorney general's office confirmed to Law360 Pulse on Friday.

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Bolton Pleads Not Guilty To Mishandling Documents

By Jared Foretek

Former National Security Advisor John Bolton pled not guilty to charges that he illegally retained and shared classified national defense information Friday, a day after federal prosecutors unsealed an 18-count indictment against the former appointee of President Donald Trump who has become a critic of his administration since.

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Mintz Says Ex-Client Owes $2M 'Success Fee' For Patent Work

By Julie Manganis

Mintz Levin Cohn Ferris Glovsky and Popeo PC says a former client is refusing to pay a nearly $2.2 million "success fee" for the firm's work on multiple patent infringement matters that generated millions of dollars in recoveries, according to a complaint filed on Friday in Massachusetts federal court.

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Liberty Mutual Attys Face Sanctions Bid Over Citation Errors

By Emily Sawicki

A St. Louis federal court is weighing whether to sanction Liberty Mutual Personal Insurance Company's lawyers after they submitted a motion containing citation errors and then, after a warning, "somehow" submitted a second motion with the same types of mistakes.

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Ga. Judge Resigns After DUI Arrest Outside Fla. Strip Club

By Chart Riggall

A Georgia Superior Court jurist who led the state's Council of Superior Court Judges stepped down from the bench Thursday after his driving under the influence arrest last week outside a Jacksonville, Florida, strip club.

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Atty Quits Ga. Bar's 'Facade' Committee On Client Solicitation

By Chart Riggall

A Georgia attorney resigned Friday as head of the state bar's committee on attorney-client solicitation, accusing the bar of not even "reaching for a garden hose" while unlawful solicitation of accident victims has spread "like wildfire" across the Peach State.

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Roundup

Injury Law Roundup: Uber Wins Bellwether Sex Assault Trial

By Y. Peter Kang

In our inaugural Injury Law Roundup, juries in the Golden State were busy as Uber won a closely watched sexual assault trial and Johnson & Johnson got crushed with a near $1 billion verdict in a talc case, while Boies Schiller Flexner LLP admitted to an artificial intelligence gaffe in a sex-assault-related case. Here, we put Law360 readers on notice of what's been recently trending in personal injury and medical malpractice news.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Exxon was hit with a proposed class action alleging its new program to enable automated proxy voting for retail investors is intended to stifle shareholder dissent. Meanwhile, a new survey found that nearly two-thirds of in-house legal departments think they will rely less on outside legal service providers because of generative artificial intelligence. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Caldwell Cassady & Curry PC and Miller Fair Henry PLLC lead this week's edition of Law360 Legal Lions, after a California federal jury found Samsung must pay nearly $445.5 million for infringing four wireless communication patents.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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