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December 18, 2024 | Law.com

State High Court Bucks Trend Favoring Insurers, Sides With Restaurants Seeking COVID-19 Coverage

In more than 800 cases nationwide, federal and state courts have interpreted the phrase "direct physical loss" as requiring some physical alteration or damage to property. The North Carolina opinion's author, Justice Anita Earls, put the onus on the insurance companies to clearly indicate what is covered and excluded.
5 minute read
December 18, 2024 | National Law Journal

'Almost Impossible'?: Squire Challenge to Sanctions Spotlights Difficulty of Getting Off Administration's List

"It's a very serious list," Gibson, Dunn & Crutcher partner Adam Smith said of the Treasury Department's international sanctions list. "If you are on that list, there are very serious consequences that come with it."
4 minute read
December 17, 2024 | National Law Journal

FTC Bans 'Junk Fees' in Live-Event Tickets and Short-Term Lodging

Live-event ticket providers, hotels and short-term vacation rentals such as Airbnb must clearly advertise to customers the total price, including any fees, under the rule the Federal Trade Commission adopted on a 4-1 vote.
3 minute read
December 17, 2024 | The Recorder

Coinbase Justifies wBTC Delisting by Pointing to Justin Sun Connection

“We've filed our response to BiT Global’s effort to stop our delisting of wBTC before any discovery or even formal response to their bogus claims,” Paul Grewal, the chief legal office of Coinbase, said on X.
4 minute read
December 17, 2024 | National Law Journal

10th Circuit Raises 6th Amendment Bar for Prosecutors' Attorney-Client Violations

The Tenth Circuit overruled its 1995 decision in Shillinger v. Haworth that a defendant is prejudiced and a Sixth Amendment violation occurs whenever the government deliberately and for no legitimate law enforcement purpose becomes privy to confidential attorney-client communications.
4 minute read
December 17, 2024 | New York Law Journal

Luigi Mangione Indicted on Charges Including First-Degree Murder in Shooting of Health Insurance CEO

Manhattan District Attorney Alvin Bragg announced the indictment of the man suspected of fatally shooting UnitedHealthcare CEO Brian Thompson.
3 minute read
December 17, 2024 | National Law Journal

Biden Administration Urges Justices to Pass on Potential Climate Blockbuster

U.S. Solicitor General Elizabeth Prelogar said the court lacks jurisdiction to hear an appeal from coal and oil companies to beat a climate change lawsuit from the city of Honolulu.
5 minute read
December 17, 2024 | Texas Lawyer

Texas Bitcoin Mining Execs Sued for Alleged ‘Deception and Brazen Self-Dealing’

“We believe our lawsuit is only the tip of the iceberg with respect to potential claims against the defendants,” said Chase Potter, a partner at Iacuone McAllister Potter.
3 minute read
December 17, 2024 | National Law Journal

CFPB Reports Widespread Misconduct Across Student Loan Market

The report “points to what a lot of us in the field think is a forthcoming default crisis and seeing a lot more federal student loan borrowers default into 2025,” said Stephanie Hall, a higher education policy expert at the Center for American Progress.
3 minute read
December 17, 2024 | Corporate Counsel

Trump Mulls Big Changes to Banking Regulation, Unsettling the Industry

“The FDIC is the glue that holds the whole banking industry together. Getting rid of it is a very bad idea," said Bill Isaac, who was FDIC chair from 1981 and 1985.
5 minute read

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