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The Recorder

Recent Rulings on California Anti-SLAPP Motions By Entertainment Attorneys

Defendants in entertainment industry cases often invoke California's "anti-SLAPP" statute, Calif. Civ. Code §425.16, which is meant to bar lawsuits filed to muffle free speech activities or a legal right to petition. This summer, some noteworthy court decisions have come out of California that involved anti-SLAPP motions filed by attorneys who are defendants themselves in entertainment litigations.
11 minute read

National Law Journal

Justice Department Gets Chance to Whack the CFPB in Florida Court

A federal judge in Florida has opened an opportunity for the U.S. Justice Department to undercut the Consumer Financial Protection Bureau in one of its biggest cases, teeing up a new fight as the Trump administration and Republicans in Congress ramp up their own attacks against the Obama-era agency.
3 minute read

National Law Journal

Casino Lobby Presses US Treasury for Marijuana Clarity

Rather than roll the dice in a hazy regulatory environment, the gaming industry is pressing the U.S. Treasury Department for greater clarity about how casinos should handle money connected to the booming legalized cannabis market.
9 minute read

Daily Business Review

Pathman Lewis Arranges $108M Refi for Apartments

The legal team led by partner Harold Lewis closes on the refinancing for a 14-site portfolio owned by Miami-based Tzadik Acquisitions in Florida.
2 minute read

Daily Business Review

$30M in Bitcoin Ordered Returned in Cryptocurrency Class Action

A federal judge has called for the return of 11,000 bitcoins, in a decision considered the first of its kind.
4 minute read

The Recorder

Credit Unions, Banks Warily Watch Jeff Sessions on Marijuana Policy

U.S. Attorney General Jeff Sessions has loomed as a threat to the legalized marijuana industry. But Sessions, at the helm of the U.S. Justice Department since February, hasn't taken any overt action to undermine state regulations, giving some hope to cannabis advocates that the longtime critic of recreational cannabis will not interfere in state schemes.
4 minute read

New York Law Journal

Engelmayer Gives Go-Ahead for Antitrust Swaps Suit

U.S. District Judge Paul Engelmayer of the Southern District of New York will allow to go forward a suit claiming a dozen of the biggest banks colluded against competition in the $230 trillion interest rate swap market.
4 minute read

National Law Journal

One Federal Agency Won't Fight the CFPB, But Criticism Swells

As legislation advances to undo the Consumer Financial Protection Bureau's new anti-arbitration rule, a banking regulator appointed by President Donald Trump on Monday passed up pursuing an alternative path to erasing the Obama-era agency's plan to ban contract terms that prohibit banking consumers from filing class actions.
7 minute read

New York Law Journal

Bringing Non-U.S. Defendants Into NY Court, Just Because They Wired Dollars?

Alex Lakatos and Marc R. Cohen write: Most of the world's dollar transactions flow through correspondent bank accounts in New York. Thus, it is important to understand how using a New York correspondent account can subject a non-U.S. defendant to the jurisdiction of a New York court.
7 minute read

Daily Business Review

New Wells Fargo Scandal Seen as Proof Controls Still Lacking

Wells Fargo & Co.'s disclosure that it may have pushed thousands of car buyers into loan defaults and repossessions by charging them for unwanted insurance is raising doubts about the bank's ability to put proper controls in place.
13 minute read

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