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Connecticut Law Tribune

State and Santander Reach $2.9M Settlement Over Repossessed Cars

The state Department of Banking and Santander have signed off on a consent order in which the two sides agreed on a $2.9 million settlement related to the repossessing of motor vehicles in Connecticut. The company also paid a $100,000 fine.
2 minute read

Law.com

What's Next: Autonomous Drones | Noise-Signal Over Crypto Regs | Waymo Hits the Road

New self-piloted drones confront an uncertain regulatory and liability landscape. Plus, will cryptocurrencies be subject to more stringent regulation?
4 minute read

New York Law Journal

Insurers File Article 78 Proceeding Against DFS Over New Title Regs

Several title insurance companies are asking the state Supreme Court to strike down newly enacted regulations from the New York Department of Financial Services, arguing that the new rules will result in companies shuttering and layoffs.
5 minute read

National Law Journal

CFTC Collaborates With UK in First Non-US Fintech Partnership

The commission has inked a landmark agreement that connects its fintech initiative, LabCFTC, with its British counterpart.
4 minute read

Corporate Counsel

Under SEC Cloud, Banc of California Names Angelee Harris as General Counsel

The appointment comes at a time when the bank is facing scrutiny from the SEC as well as related shareholder and class action lawsuits.
3 minute read

Daily Business Review

Securities Class Action Filed Against Fund Caught in Market Rout

A Boca Raton financial executive claims a $90,000 investment lost about 80 percent of its value in days, whittling to about $18,000 from Feb. 5 to Feb. 7.
4 minute read

National Law Journal

Privacy Concerns in Amazon and Aetna-CVS Health Deals: Q&A With a Cyberlaw Expert

ALM talked with Peter Swire, senior counsel at Alston & Bird and privacy and cybersecurity expert at the Georgia Institute of Technology's Scheller College of Business, about some of the legal and data privacy issues surrounding the new, data-driven health care delivery systems. These include the proposed merger between CVS Health and Aetna Inc., as well as the health initiative that Amazon.com, Berkshire Hathaway Inc. and JPMorgan Chase & Co. recently announced for its employees.
7 minute read

New York Law Journal

Bitcoin: The IRS Cometh

The honeymoon period for bitcoin is over. Not waiting for Congress to figure out what to do about virtual currency and how to regulate it, the Internal Revenue Service has fired the first shot across the bow of Coinbase, one of the world's largest bitcoin trading exchanges, by serving Coinbase with a John Doe summons seeking customer information.
12 minute read

The Legal Intelligencer

Approval of Fee Defense Provisions in Retention Agreements Post-'ASARCO'

The Bankruptcy Code authorizes a debtor (or its bankruptcy trustee) to retain and compensate attorneys and other professionals during the course of the debtor's bankruptcy case.
8 minute read

New York Law Journal

US Bank Agrees to $613M Penalty Over Anti-Money Laundering Failures

The nation's fifth-largest bank acknowledged its deficiencies in properly reviewing transactions to check for suspicious activity.
3 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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