Ex-FDIC Chair, Cravath Partner Joins Fintech Firm Plaid

By Aislinn Keely

Jelena McWilliams, the former chairman of the Federal Deposit Insurance Corp., will leave Cravath Swaine & Moore LLP to serve as Plaid's president of corporate and external affairs, the fintech infrastructure firm announced Thursday.

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Sen. Ag Committee To Hold Crypto Markup Next Week

By Aislinn Keely

The Senate Agriculture Committee intends to hold its own markup of a bill to regulate crypto markets the same day as its Banking Committee counterparts, a spokesperson confirmed Thursday.

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NY Mortgage Cos. Face New 'Equitable Access' Lending Rules

By Jon Hill

New York has finalized new rules that extend community-lending obligations to mortgage companies in the state, a move that officials said Thursday will promote regulatory parity and fairness as nonbank lenders outpace traditional banks in the mortgage market.

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Brief

Wyoming's First-Of-Its-Kind Stablecoin Up For Purchase

By Aislinn Keely

The public can now purchase Wyoming's state-issued stablecoin through crypto exchange Kraken, a first for a public entity, the state's stablecoin project announced Thursday.

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Fed Eyeing Carveouts For Confidentiality Label, Bowman Says

By Jon Hill

The Federal Reserve's top bank regulator signaled openness to easing restrictions around so-called confidential supervisory information, or CSI, saying the label has grown so broad that it can obstruct collaboration and reduce regulatory accountability.

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Analysis

4 Executive Pay Trends Attorneys Will Be Watching In 2026

By Kellie Mejdrich

A potentially sweeping overhaul simplifying the U.S. Securities and Exchange Commission's disclosure regime for public company executive compensation will be top of mind for executive pay practitioners as they look for new developments in the coming year. Here's a look at this and three other areas they'll be keeping an eye on.

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Virginia Justices Order New Trial In $2B Trade Secrets Case

By Ivan Moreno

The Virginia Supreme Court on Thursday upheld a state appellate court decision that vacated Appian Corp.'s $2 billion trade secrets award against software competitor Pegasystems Inc., saying the decision correctly ordered a new trial because errors from the trial judge led to the biggest jury award in Virginia history.

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Trader Gets Win On Subpoena Ahead Of Quant Secrets Trial

By Pete Brush

A Manhattan federal judge said Thursday that a California quantitative trader accused of stealing billion-dollar secrets from Headlands Technologies has issued an enforceable subpoena to the firm ahead of his July criminal trial and vowed to detail what information must be provided.

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Brief

Opendoor Investors Get Final OK For $39M Deal, Atty Fees

By Katryna Perera

An Arizona federal judge has granted final approval of a $39 million settlement between real estate firm Opendoor Technologies Inc. and its shareholders to resolve their claims that the company overhyped its pricing algorithm software, closing out the litigation that began in 2022.

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4 Firms Steer Coincheck's $111M Acquisition Of Crypto Firm

By Emilie Ruscoe

The Netherlands-based holding company of Japanese digital asset exchange Coincheck Group NV has inked an agreement to become the beneficial owner of nearly all shares of Canadian alternative digital asset manager 3iQ Corp. in a deal valued at $111 million. It's guided by Dutch firm De Brauw Blackstone Westbroek, Simpson Thacher & Bartlett LLP in the U.S. and Canadian firms Stikeman Elliott and Wildeboer Dellelce LLP.

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Series

Muay Thai Makes Me A Better Lawyer

Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

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Series

Mass. Banking Brief: All The Notable Legal Updates In Q4

Among the most significant developments on the banking regulation front in Massachusetts last quarter, Attorney General Andrea Joy Campbell announced her bid for reelection, and the state Division of Banks continued its fintech focus by finalizing rules implementing a new money transmitter law, say attorneys at Nutter.

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Targeted Action, Rule Tweaks Reflect 2025 AML Priority Shifts

Though 2025’s anti-money-laundering landscape was characterized not by volume of penalties but by the strategic recalibration of how illicit finance risk is handled, a series of targeted enforcement actions signaled that regulators aren't easing off the accelerator, even as they refine the rules of the road, say attorneys at MoFo.

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2025's Defining AI Securities Litigation

Three securities litigation decisions from 2025 — involving General Motors, GitLab and Tesla — offer a preview of how courts will assess artificial intelligence-related disclosures, as themes such as heightened regulatory scrutiny and risk surrounding technical claims are already taking shape for the coming year, say attorneys at Cooley.

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Goldberg Segalla Fights Ex-IP Co-Chair's $4M Arbitration Bid

By Theresa Schliep

An arbitration fight Goldberg Segalla LLP initiated against a former co-chair of its intellectual property group over proceeds from transferred cases spilled into New York state court, where the firm is seeking relief from his counterclaims that it shorted him nearly $4 million in compensation.

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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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Roundup

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

By Laura Stewart Liberty

This past week in London has seen a collapsed investment firm revive a $15 million dispute with a hedge fund, major Hollywood studios bring an IP claim against the U.K.'s largest internet providers over illegal streaming, and the Department of Health and Social Care sue the law firm and barrister representing it in a pharma competition damages case.

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Jones Day To Help Restore David Bowie's Old London Home

By Jamie Lennox

Jones Day's charitable foundation will help to restore the childhood home of musical icon David Bowie before it opens to the public in late 2027, the historical trust leading the project said Friday.

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Law Firms Closed 2025 With Continued 'Appetite For Hiring'

By Tracey Read

The legal sector continued to defy hiring expectations in spite of uncertainty in the U.S. economy as 2025 drew to a close.

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Bruce Fein Unauthorized To Represent Maduro, Atty Says

By Rachel Rippetoe

When constitutional lawyer Bruce Fein entered an appearance as counsel for former Venezuelan President Nicholas Maduro on Tuesday, it was without having ever spoken to the client, according to a Thursday filing by Maduro's attorney Barry Pollack seeking to remove Fein from the case.

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Calif. Wage Suit Settles Months After Atty Admits To AI Mishap

By Emily Sawicki

A proposed wage and hour class action that drew the legal world's attention in November after the plaintiff's counsel admitted to using a half-dozen artificial intelligence tools to prepare a botched motion has now ended, with a Northern California federal judge granting a joint dismissal following a settlement agreement.

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NJ Justices Nix Atty Registration Fee Hike After Bar Pushback

By Rose Krebs

The New Jersey Supreme Court has rejected a request to raise the annual registration fee for attorneys after the state's bar association complained that a proposed $27 hike for certain attorneys, following prior year increases, was too much at a time when they and their firms face "significantly increasing operational costs."

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New Trade Group Joins Litigation Finance Lobbying Fight

By Ryan Boysen

A new trade group for litigation funders has launched with the aim of enlisting personal injury and mass tort attorneys in a fight against proposed federal laws that it says could threaten the $16 billion litigation finance industry.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

In technology, the increasing use of artificial intelligence by legal departments will be a major concern for general counsel seeking to control costs in the New Year. And in labor matters, the National Labor Relations Board has a new general counsel along with a quorum and is ready to start deciding cases again.

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Law360's Legal Lions Of The Week

By Kevin Penton

Gibson Dunn & Crutcher LLP leads this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed a ruling in which Apple beat claims it illegally blocked third-party access to Apple Watch medical data so it could create rival software.

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Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.

By Daniel Connolly

A business owner has filed a lawsuit this week accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.

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Ramey Ducks BlackBerry's Sanctions Bid Over 'Frivolous' Suit

By Elliot Weld

Patent attorney Bill Ramey has avoided sanctions requested by BlackBerry Corp. for what the smartphone company called the "frivolous and unreasonable" way he litigated a case brought on behalf of Silent Communications LLC.

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