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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
December 16, 2024 | New York Law Journal

Presidential Immunity Doesn't Block Trump's NY Criminal Prosecution, Judge Rules

Acting Manhattan Supreme Court Justice Juan Merchan declined to dismiss Trump's New York case based on presidential immunity, but still he was still considering a final motion to set aside in the interests of justice.
3 minute read
December 16, 2024 | National Law Journal

DC Judge Rules Russia Not Immune in Ukrainian Arbitration Award Dispute

"Russia has made its bed and now must lie in it," U.S. District Judge Trevor N. McFadden wrote in his opinion denying Russia's motion to dismiss a lawsuit filed by 11 Ukrainian retail gas companies seeking to enforce a $34 million international arbitration award.
2 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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December 16, 2024 | National Law Journal

TikTok Turns to Supreme Court in Bid to Avert Shutdown

The social media platform seeks an emergency injunction to thwart a government-imposed shutdown the day before President-elect Donald Trump’s inauguration.
3 minute read
December 16, 2024 | National Law Journal

Zuckerman Spaeder Names Caroline Judge Mehta as Sole Chair

Mehta, who will be the first female chair in the firm's history, succeeds Dwight Bostwick, who will remain a member of the management team, the firm said.
2 minute read
December 16, 2024 | National Law Journal

Justices to Decide if Fuel Industry Can Sue Over California’s EV Rules

The Supreme Court will decide whether fuel companies have standing to sue based on their claimed harm by California's stringent tailpipe rules designed to boost electric vehicle sales.
4 minute read
December 16, 2024 | Law.com

Foreign Ownership Laws Blocked by Federal Judge in Blow to State Attorney General

“Power over external affairs is not shared by the states,” U.S. District Chief Judge Kristine G. Baker ruled in the 43-page order, quoting long-standing U.S. Supreme Court precedent.
5 minute read
December 16, 2024 | New Jersey Law Journal

3rd Circuit Nominee Mangi Sees 'No Pathway to Confirmation,' Derides 'Organized Smear Campaign'

Adeel Mangi said in a letter to the White House that the system for approving federal court judges is "fundamentally broken" and has turned into "a channel for the raising of money based on performative McCarthyism before video cameras."
4 minute read

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