World Business Lenders LLC secured a modest windfall in the Fourth Circuit on Wednesday after a panel said the small business lender was not "willfully blind" to financial fraud against a member of the Kuwaiti royal family and reversed a lower court's judgment that ordered WBL to pay over $704,000 in compensatory and punitive damages.
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TOP NEWS

4th Circ. Clears Lender In Kuwaiti Royal Fraud Case

By Abigail Harrison

World Business Lenders LLC secured a modest windfall in the Fourth Circuit on Wednesday after a panel said the small business lender was not "willfully blind" to financial fraud against a member of the Kuwaiti royal family and reversed a lower court's judgment that ordered WBL to pay over $704,000 in compensatory and punitive damages.

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AGs Urge Congress To Reject Trump's Ban On State AI Laws

By Rachel Riley

Attorneys general from 32 states are urging Congress to preserve their ability to pass laws regulating artificial intelligence, contending that the Trump administration's renewed proposal to insert a moratorium into a federal spending bill would leave states powerless in the face of AI-powered scams, harmful chatbot hallucinations and other emerging dangers.

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21 AGs Sue USDA Over SNAP Rollbacks For Permanent Residents

By Ben Adlin

Twenty states and the District of Columbia sued the U.S. Department of Agriculture on Wednesday over new agency guidance barring certain categories of permanent residents from receiving federal food assistance benefits.

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LITIGATION

Fire Alarm Co. Says Contractors Altered Camp Lejeune Plans

By Abigail Harrison

A fire alarm system design company has told a North Carolina federal court that a pair of government contractors working on Marine Corps Base Camp Lejeune altered building plans and removed copyright information without consent.

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6 December Argument Sessions Benefits Attys Should Watch

By Kellie Mejdrich

Workers who say Prudential mismanaged their retirement savings will ask the Third Circuit to reinstate their class action, while a union pension fund will ask the Eighth Circuit to put General Electric back on the hook for a $230 million in pension withdrawal liability. Here's a look at six upcoming oral argument sessions benefits attorneys should have on their radar.

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LEGAL INDUSTRY

Bonus Spotlight

Magic Circle Firms Enchant Associates With Top-Tier Bonuses

By Tracey Read

U.S. associates at Linklaters LLP and Clifford Chance LLP have a lot to be thankful for this holiday season, as the Magic Circle firms Wednesday became the latest to match the BigLaw standard for this year's associate bonuses.

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Analysis

After Big Win For 2 Trump Foes, A Third Faces 'Tougher Job'

By Phillip Bantz

The recent dismissal of federal criminal charges against New York Attorney General Letitia James and former FBI director James Comey does little to help President Donald Trump's ex-national security adviser John Bolton, whose defense in a classified-materials case presents a thornier set of legal and factual issues, experts say.

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Roundup

Up Next At High Court: ISP Liability & State Subpoena Suits

By Katie Buehler

The U.S. Supreme Court will return Monday for the first week of its December oral argument session, during which the justices will consider whether internet service providers can be held liable for contributing to their customers' infringing activity online and whether the subjects of state subpoenas are required to first challenge them in state court. 

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Interview

For Covington's Adrian Perry, Music Is A Family Affair

By Theresa Schliep

Despite having a famous rock star dad, Covington & Burling LLP partner Adrian J. Perry wasn't all that interested in being a musician as a young child, but he knew as early as 6 years old that he wanted to be a lawyer.

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Analysis

Calif. Privacy Agency Gaining Steam Ahead Of 5th Anniversary

By Allison Grande

California's data privacy regulator has taken several notable steps in recent months, including handing down its first penalty upward of $1 million and finalizing long-awaited rules on topics such as cybersecurity audits and technologies that use artificial intelligence, and the groundbreaking agency shows no signs of slowing down as its fifth anniversary approaches. 

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Split 6th Circ. Shields Baker Donelson, Not City Councilman

By Matt Perez

In a published opinion, the Sixth Circuit has found that Baker Donelson Bearman Caldwell & Berkowitz PC is shielded by qualified immunity as outside counsel for the city of Nashville in litigation over the law firm's firing of a city election commission chair and member of the firm.

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Foley & Lardner Hit With Malpractice Suit Over Chancery Loss

By Rose Krebs

Foley & Lardner LLP has been sued in Delaware Superior Court by three officers of a now-defunct food recycling company who say the firm was negligent when representing them in a Chancery Court case that led to a $1.6 million judgment against them and another officer.

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DOJ Asks Court If It Can Release Epstein Files Under New Law

By Lauren Berg

The U.S. Department of Justice is seeking a New York federal court's permission to publicly release the files related to the investigation of late sex offender Jeffrey Epstein, clarifying Wednesday that it wants to release search warrant results, travel and financial records, police reports, and other materials.

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Keesal Young Poaching Suit Against Stradley Ronon Trimmed

By Madison Arnold

A California state judge cleared Keesal Young & Logan to pursue most of its lawsuit alleging Stradley Ronon Stevens & Young crossed the line when it recruited 10 former Keesal Young attorneys, finding that claims such as inducing breach of contract could move forward, in part, because of conversations among the attorneys.

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DOJ Says Ex-Employees Can't Challenge Firings In Fed. Court

By Rose Krebs

The government says a D.C. federal court lacks jurisdiction to adjudicate a lawsuit filed by a former assistant U.S. attorney who prosecuted defendants charged in connection with the Jan. 6, 2021, attack on the U.S. Capitol and two other ex-Department of Justice employees, alleging they were unlawfully fired.

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Hub Hires: Todd & Weld, Freshfields, Shipman

By Julie Manganis

It was a busy November in Boston's legal community as another firm expanded into the market, and a longtime judge traded his gavel for the ability to address his growing concerns about the Trump administration.

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LAW FIRMS IN TODAY'S NEWS

Atkinson Andelson

Baker Donelson

Baker McKenzie

Brooks Pierce

Burakiewicz & DePriest

Christensen Law LLC

Clement & Murphy

Clifford Chance

Covington & Burling

Cravath Swaine

Dykema

Finnegan

Foley & Lardner

Freshfields

Gibson Dunn

Girard Sharp

Hall Benefits Law

Hodel Wilks

Holland & Knight

Keesal Young

Latham & Watkins

Linklaters LLP

Lowell & Associates

Mark S. Zaid PC

Markus Moss PLLC

McDonald Hopkins

Milbank LLP

Morrison & Foerster

Nelson Mullins

Orrick Herrington

Phelps Dunbar

Ropes & Gray

Saul Ewing

Shipman & Goodwin

Snell & Wilmer

Stradley Ronon

Todd & Weld

Venable LLP

Weil Gotshal

COMPANIES IN TODAY'S NEWS

Affordable Care LLC

Alliance Defending Freedom

CVS Health Corp.

Core Natural Resources Inc.

Cox Communications Inc.

Express Scripts Holding Co.

General Electric Co.

Hilton Worldwide Holdings Inc.

Honda Motor Co. Ltd.

JPMorgan Chase & Co.

LinkedIn Corp.

Microsoft Corp.

Northern Mariana Islands Retirement Fund

OpenAI OpCo LLC

OptumRx Inc.

Prudential Financial Inc.

Sony Music Entertainment Inc.

The Cigna Group

Todd Snyder

Tractor Supply Co.

Universal Music Group NV

World Business Lenders LLC

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

California Privacy Protection Agency

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

Federal Trade Commission

Internal Revenue Service

Metropolitan Government of Nashville and Davidson County

National Security Council

New Jersey Attorney General's Office

New York Attorney General's Office

U.S. Attorney's Office

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Agriculture

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Oregon

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Middle District of Florida

U.S. District Court for the Southern District of New York

U.S. Merit Systems Protection Board

U.S. Navy

U.S. Supreme Court

Washington Attorney General's Office