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May 20, 2024 | National Law Journal

New York Reaches $2B Settlement with Bankrupt Crypto Lender Genesis

The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October and establishes a victims' fund for Genesis' creditors, with the firm neither admitting nor denying the allegations.
3 minute read
May 20, 2024 | National Law Journal

Missouri AG Investigates Faith-Based Bias in Kansas City's Social Media Post Regarding Butker

"Missourians of faith deserve to know why Kansas City officials decided to attack Mr. Butker for his deeply held religious beliefs. My office will not tolerate religious discrimination from City officials," Missouri Attorney General Andrew Bailey said in a statement.
3 minute read
May 20, 2024 | National Law Journal

Baker McKenzie Drops Suit Against IRS Seeking Details on Partnership Crackdown

Washington, D.C.-based partner George Clarke had sought to obtain a paper about document requests the agency made of partnerships, after an IRS lawyer at a conference mentioned plans to increase efforts to audit these entities.
2 minute read
May 20, 2024 | National Law Journal

Pennsylvania Federal Judge Gene Pratter, 75, Dies

Pratter, who died May 17—a day after she issued two opinions in cases she was handling—was a 20-year veteran of the federal bench.
5 minute read
May 20, 2024 | Corporate Counsel

GC Searches Veer Away From Internal Hires, Upending In-House Promotion Tracks

Succeeding as general counsel now requires a much broader range of skills, "making the step up for internal candidates from deputy to GC a much bigger gap to bridge," a report from the executive search firm Russell Reynolds Associates says.
8 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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May 20, 2024 | The American Lawyer

'Mission Critical': Big Law Firms Prioritize Right C-Suite Talent

Several C-suite roles were filled in the last few months amid high demand for the right talent in firms' business ranks.
4 minute read
May 18, 2024 | National Law Journal

Watchdog Groups Applaud DC Circuit's FOIA Decision Over Trump-Era Health Records

The U.S. Court of Appeals for the District of Columbia Circuit found an exemption to the Freedom of Information Act does not apply to the Trump-era communications that a nonprofit oversight group sought, reversing a district court judgment in a 2-1 decision.
3 minute read
May 17, 2024 | New Jersey Law Journal

Johnson & Johnson, Citing 'Eye-Opening' Emails, Moves to Subpoena Beasley Allen

The subpoenas, requested in a Friday letter, would focus on Beasley Allen's litigation financing arrangements with Fortress Investment Group and its purported relationship with news agency Thomson Reuters.
4 minute read
May 17, 2024 | National Law Journal

CFPB Averts Disaster at Supreme Court, But Challenges Remain

"Now, they don't have to worry about catching a (constitutional) challenge every time they put a rule out there," attorney Dennis Merkley said of the Consumer Financial Protection Bureau.
6 minute read
May 17, 2024 | National Law Journal

With a 'Competitive Fee Structure,' Miles & Stockbridge Enters New York

"The higher rate structures we see in other firms simply are not tenable for the middle market," noted William Wagner, who joined the Baltimore-based firm from Venable.
3 minute read

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