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December 10, 2019 | Law.com

Trump Picks Jessie Liu, DC's US Attorney, for Treasury Sanctions Post | Self-Reporting? Have No Fear, Feds Say | Amazon's Dig at Trump | Who Got the Work

Trump's picked Jessie Liu, the U.S. attorney for D.C., for a key sanctions post at US Treasury. Plus: law firms are snagging government officials with national security experience. Scroll down for our weekly feature Who Got the Work, and for all the notable moves. Thanks for reading!
12 minute read
December 10, 2019 | Texas Lawyer

FDIC, Deutsche Bank $150M Settlement Stemmed From About a Decade of Litigation

The FDIC alleged that banks made untrue, misleading statements about the quality of the mortgage loans in order to sell billions worth of residential mortgage-backed securities to Guaranty Bank, which failed in 2009.
3 minute read
December 10, 2019 | Corporate Counsel

Ericsson Is Counting on Laurie Waddy to Fix Compliance Woes

The Swedish telecom giant appears to have placed the company's fate in the hands of its recently hired chief compliance officer along with chief legal officer Xavier Dedullen.
4 minute read
December 10, 2019 | Litigation Daily

Daily Dicta: Representing Corporations Does Not Make You Evil, Elizabeth Warren Edition

How could Warren in good conscience oppose asbestos poisoning victims who were fighting to bring new claims against insurance giant Travelers? The nuanced answer: Easily.
5 minute read
December 09, 2019 | Law.com

Trump Battles Are Teed Up, Paul Weiss' Diversity, Ericsson's $1B FCPA Blunder: The Morning Minute

Here's the news you need to start your day.
3 minute read
December 06, 2019 | Litigation Daily

Simpson Thacher Team Resolves Ericsson's FCPA Claims for $1B

"Ericsson's corrupt conduct involved high-level executives and spanned 17 years and at least five countries, all in a misguided effort to increase profits," Brian Benczkowski, head of DOJ's criminal division, said in a statement.
5 minute read
December 06, 2019 | New York Law Journal

A Misguided Shift in Bail for the Wealthy: 'United States v. Boustani'

Not that long ago, individuals accused of non-violent, "white-collar" crimes were able to stay out of jail pending adjudication of the charges against them, obtaining bail packages that leveraged their substantial assets to satisfy the court's concerns that they would appear for trial. Times have changed.
8 minute read
December 04, 2019 | The American Lawyer

Private Equity Deal Value Dips, But Big Law Doesn't Feel the Pinch

Signs of a buyouts bottleneck aren't worrying these private equity and M&A lawyers.
6 minute read
December 03, 2019 | The Recorder

Stanford Releases Simpson Thacher's Review of College Admissions Scandal

According to Simpson Thacher, there was no evidence that any employee of Stanford athletics other than the former head sailing coach participated in the admissions fraud scheme orchestrated by William "Rick" Singer.
3 minute read
December 02, 2019 | Corporate Counsel

The 2019 Women, Influence & Power In Law Awards

For this award, Corporate Counsel recognizes transformative legal leadership.
4 minute read

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