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National Law Journal

Ex-CEO Faces SEC Complaint in Alleged Scheme to Take Over Trump Media

The SEC seeks disgorgement of any alleged "ill-gotten gains" from Miami businessman Patrick Orlando and civil penalties on allegations he gave false statements concealing a plot to acquire Trump Media.
2 minute read

National Law Journal

'Slow Time Bomb': Attorney Sells Law Practice, Prompted by SCOTUS Ruling

"If it's going to cost us more to litigate than we can win, you've gutted Title IX without it being obvious," said Washington, D.C. plaintiff lawyer Laura Dunn.
3 minute read

The American Lawyer

New Kirkland Policy for Withholding Pay of Departing Partners Creates 'Pain Point' for Laterals

Withholding equity partner compensation comes with risks to a firm's culture, although the practice isn't new in Big Law, recruiters say.
4 minute read

National Law Journal

Biden Administration Fights New Student Debt Relief Challenge at Supreme Court

Texas, Alaska and South Carolina seek an emergency order blocking the president's plan to reduce the percentage of discretionary income borrowers must spend on student debt repayment.
3 minute read

National Law Journal

FTC Oversight of Franchisors Should Be on Case-by-Case Basis, Franchise Lawyers Say

"The concern with the broad brush is putting the entire industry in one basket when there might be some isolated issues," said Earsa Jackson, a member at Clark Hill.
3 minute read

National Law Journal

DC Circuit Nixes $120M Damages Award in Deadly Foreign Contract Dispute

"The court properly recognized that the Republic of Iraq and its Ministry of Defense are immune from suit in this country because this contract had nothing to do with the United States," Boaz S. Morag of Cleary Gottlieb Steen & Hamilton said of the D.C. Circuit's ruling overturning a $120 million damages award.
3 minute read

National Law Journal

Supreme Court Should Rethink Its Jury Trial Cut Off for Petty Offenses, 10th Circuit Judges Say

The three-judge panel rejected David Lesh's argument that he was deprived of his Sixth Amendment right to a jury trial, citing Supreme Court decisions that the right is limited to "serious" infractions defined as those punishable by six or more months of imprisonment.
3 minute read

National Law Journal

DLA Piper, Eversheds, Troutman, Polsinelli Among Latest Firms to Hire DC-Area Laterals

Partner hiring focused on intellectual property, insurance regulatory, corporate and investment management practices in D.C. and Baltimore this past week.
3 minute read

National Law Journal

FTC, FDA Warn Hemp Shops About Selling THC Products Resembling Kid's Food

"Companies that market and sell edible THC products that are easily mistaken for snacks and candy are not only acting illegally, but they are also putting the health of young children at risk," said Samuel Levine, director of the FTC's Bureau of Consumer Protection.
4 minute read

The American Lawyer

Kirkland and Latham Recruit Private Equity Lateral Partners as PE Deals Rise

The private equity lateral moves highlight the uptick in the PE deal market in 2024.
3 minute read

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