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TOP NEWS
POLICY & REGULATION
ENFORCEMENT
Feds' NY RICO Case Against Huawei Packs A Punch, Jury Told
By Stewart Bishop
The Brooklyn federal jury in the landmark corporate criminal trial of Huawei on Wednesday heard a prosecutor say they'll have an insider's view of the company's vast criminal operations that relied on stolen trade secrets to grow and kept banks in the dark about its sanctions compliance, while a top executive's deal with the government will seal the fate of the Chinese telecommunications giant.
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LITIGATION
PEOPLE
EXPERT ANALYSIS
Planning For The Impact Of FinCEN's CTA Rollback
The Financial Crimes Enforcement Network's recent rollback of Corporate Transparency Act reporting obligations should reduce compliance costs, but its plans to revisit customer due diligence rules should prompt companies and financial institutions to reassess state beneficial ownership programs, say attorneys at Sidley.
Final Rule attached |
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LEGAL INDUSTRY
DOJ Says Berkeley Law Is Racially Biased In Admissions
By Craig Clough
The U.S. Department of Justice and the U.S. Department of Education said Wednesday that the University of California, Berkeley School of Law discriminated against white and Asian applicants in its 2024 and 2025 admissions cycles by preferring Black applicants because of their race, violating federal civil rights law and recent U.S. Supreme Court precedent.
Letter attached |
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Sugar Buyers Want Paul Weiss DQ'd From Price-Fixing MDL
By Dorothy Atkins
Hershey, J.M. Smucker and other food makers urged a Minnesota federal judge Tuesday to disqualify Paul Weiss Rifkind Wharton & Garrison LLP from representing Domino Foods in sugar price-fixing multidistrict litigation, arguing the firm is conflicted out because it saw their confidential sugar-purchasing data when it was being considered as plaintiffs' counsel.
Motion attached |
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