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Law.com

Lawyers Clash About Combining FTX Cases: 'There's Going to Be Overlap'

On Thursday, lawyers in the litigation over collapsed cryptocurrency exchange FTX argued to the U.S. Judicial Panel on Multidistrict Litigation whether to coordinate all the cases, which name banks, financiers, promoters and others.
4 minute read

New York Law Journal

Department of Financial Services Consent Order Shows Risk in Adopting Template Data Protection Policies

The NY Department of Financial Services published a consent decree last week where a crypto company was fined $1.2 million for not conducting proper information security risk assessments and using template policies, without customizing them to fit the company. This article discusses this consent decree and the importance of robust risk assessment procedures and tailoring an information security program to an organization's specific needs.
8 minute read

New Jersey Law Journal

Greenberg Traurig Tapped to Defend JPMorgan Chase in Real Estate-Related Dispute

This suit was surfaced by Law.com Radar. Read the document here.
1 minute read

Law.com

Federal Judge: 'Bank Owes No Duty' to Stop $3.68M in Wire Transfers in Suspected Elder Financial Exploitation Case

While the number of elderly people targeted slightly decreased from 2021 compared to 2022, the amount of money collectively lost nearly doubled from $1.7 billion to $3.1 billion, respectively, according to the FBI's most recent report.
8 minute read

Daily Business Review

Foley & Lardner Poaches Hughes Hubbard & Reed's LatAm Leaders in Miami

"Our clients were asking for more breadth of offerings of services than we were able to provide at Hubbard, merely because of the size of the platform," said incoming Foley & Lardner partner Ruben Diaz. "And the fact that they've been a presence in Miami for quite a while means a lot of stability in the market."
3 minute read

National Law Journal

'We're Not Going to Pay for Our Own Destruction': Republican State AGs Push Against ESG

More than 20 attorneys general and some state legislatures are joining forces against ESG using antitrust conspiracy theories to cement their cause—but can they win?
4 minute read

New Jersey Law Journal

The Overlooked Benefits of a 529 College Savings Plan

Many individuals remain wary of 529 accounts because the use of these funds is limited to educational purposes. However, hidden incentives and benefits may make these accounts worth another look in your client's estate plan.
7 minute read

New York Law Journal

Releases of Liability Under Loan Guaranties

A discussion of the five types of guaranties most commonly required in connection with commercial real estate loans.
11 minute read

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