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The Legal Intelligencer

Bitcoin's Blockchain Tech Could Bring Sweeping Innovation to Legal Industry

With a price that skyrocketed more than 1,600 percent in 2017 alone, it's no wonder that the now infamous cryptocurrency Bitcoin has become something of a cultural phenomenon.
6 minute read

New York Law Journal

Buchwald Signals Defeat for Objections in LIBOR Class Suits

At a fairness hearing Tuesday, U.S. District Judge Naomi Reice Buchwald indicated she has no issue with the fairness of the proposed settlements in a leading LIBOR class action.
3 minute read

New York Law Journal

Where's the Damages? Proposed LIBOR Class Settlements Leave One Objector Wondering

Arent Fox's Les Jacobowitz asked but no one—not class counsel, the judge, and certainly not the banks—had an answer. So he tried to answer the question himself, and in doing so hopes to convince Judge Naomi Reice Buchwald to blow up proposed settlements with the banks.
5 minute read

The Recorder

California Judge Blisters CFPB, Rejects $235M Restitution Request

U.S. District Judge John F. Walter on Jan. 19 ruled the CFPB had failed to show that any restitution was appropriate. He ordered CashCall—represented by lawyers from Skadden, Arps, Slate, Meagher & Flom and Latham & Watkins—to pay a penalty of about $10.3 million, the statutory minimum.
5 minute read

New Jersey Law Journal

FAMILY LAW

In this supplement, learn about how the tax overhaul affects family law matters; "forensic mediation" in a matrimonial case; #MeToo and a divorce matter; and the importance of securing life insurance to cover support obligations.
1 minute read

Daily Business Review

Florida Lawmakers Could Change Payday-Loan Industry Rules

Florida lawmakers have started moving forward with a proposal to revamp rules for the payday-loan industry, allowing customers to borrow larger amounts of money over longer periods of time.
4 minute read

New York Law Journal

Keeping Up With the Business Law World

Kathleen A. Scott, Chair of the NYSBA Business Law Section, writes: One of the best ways to keep up with the latest developments in the business law field is to join the Business Law Section. The Section encompasses a variety of specialties: banking, insurance, technology and venture law, nonprofit organizations, franchise, bankruptcy, public utility.
3 minute read

New York Law Journal

Panel Sides With 18-Lawyer Firm in $84M Malpractice Fight

An appellate panel said a lower court was wrong to grant summary judgment to an ex-client suing New York's Gilbride, Tusa, Last & Spellane.
4 minute read

The American Lawyer

Sidley Adds Former Greenberg Traurig Finance Co-Chair

Andrew “Drew” Cardonick, a 25-year veteran of Chicago's lender side banking practice, has switched firms.
3 minute read

National Law Journal

CFPB Moves to Drop, Delay Cases as Priorities Shift Under Mick Mulvaney

"This case should never have been brought in the first place. We're pleased that the bureau has decided to withdraw a lawsuit," Lori Alvino McGill, a Wilkinson Walsh + Eskovitz partner, said about the CFPB's decision Thursday to drop a lawsuit against payday lenders in Kansas federal court.
5 minute read

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