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December 12, 2024 | National Law Journal

CFPB Orders Big Banks to Limit Overdraft Fees to $5. But Will Its Edict Stick?

The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming Trump administration.
3 minute read
December 12, 2024 | National Law Journal

Divided 5th Circuit Shoots Down Nasdaq Diversity Rules

The 9-8 majority said the rules were not in line with the purpose of the federal 1934 Securities Exchange Act, which they said is to protect investors from fraudulent and speculative practices and promote competition in the securities market.
3 minute read
December 12, 2024 | National Law Journal

Topping Big Law, Litigation Firm the Latest to Dole Out Above-Market Bonuses

Selendy Gay said it will give above-market bonuses for each associate class year, topping out at $132,250 for the class of 2017 and beyond, in addition to special bonuses.
3 minute read
December 12, 2024 | National Law Journal

The Marble Palace Blog: The Supreme Court’s Bond With Baseball

A new book reveals the long-standing kinship among justices, lawyers and baseball.
4 minute read
December 12, 2024 | National Law Journal

Meet the Big Law Partners Advising Political Appointees

Advising political appointees is significant business for the select few who do this work routinely, including from firms Covington & Burling and Holland & Knight.
4 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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December 12, 2024 | Corporate Counsel

FTC, DOJ Withdrawal of Antitrust Guidelines for Collaboration Infuriates Republicans

"The Majority had four years to address its concerns with the Collaboration Guidelines—now is not the time," wrote Republican FTC Commissioner Melissa Holyoak.
5 minute read
December 12, 2024 | National Law Journal

House Passes Bill to Add Federal Judgeships in Face of Biden Veto Threat

The measure had broad support when the Senate passed it in August, but Democrats have largely withdrawn their support after Trump’s election win in November.
3 minute read
December 12, 2024 | National Law Journal

Senate Panel Postpones Vote on Reconfirmation of Democrat Crenshaw to SEC

Absent Crenshaw's reconfirmation, Trump would be able to nominate her successor. That selection would have to be a Democrat as the five-member SEC may have no more than three Republican commissioners during a GOP presidential administration.
3 minute read
December 11, 2024 | National Law Journal

‘Really Deflating’: Judges React to Biden Threat to Veto New Judgeships Bill

“One of the things that is really getting lost in this is who's really being affected outside of the judges themselves," said U.S. District Judge Troy Nunley of the Eastern District of California. "It’s really the litigant. It's an issue with people having access to the courts and being able to have their cases heard in a timely fashion.”
6 minute read
December 11, 2024 | National Law Journal

High Court Drops Case Over Nvidia's Effort to Ditch Fraud Suit

The justices said the review was "improvidently granted" in a short order issued Wednesday. Some lawyers say the high court may be a missed chance for the justices to articulate clear pleading standards under the Private Securities Litigation Reform Act.
4 minute read

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