NEXT
Sign in to follow

New York Law Journal

Hezbollah Victims Lose Appeal in Terror Funding Case Against Lebanese Bank

Victims of Hezbollah rocket attacks in Israel in 2006 cannot sue a Lebanese bank in U.S. courts simply because the bank allegedly used a New York account to transfer several million dollars, the Second Circuit ruled Wednesday.
12 minute read

Daily Business Review

Bank to Pay $9M to Settle Case Over Check-Kiting Customers

Synovus Bank agreed to pay $9 million to settle claims that it knew about a customer's alleged fraud scheme.
9 minute read

Daily Report Online

Suits Against SunTrust Over 401(k) Plan Now a Class Action

SunTrust Banks' decision at the onset of the recession to allow its employee retirement plan to continue investing in bank stock as it sustained billions in losses and the housing market collapsed is at the heart of multidistrict litigation that a federal judge has said will now proceed against the banking company as a class action.
9 minute read

Litigation Daily

Shout-Out: McGuireWoods Scores Jury Win for BofA in Arab Discrimination Suit

A team of lawyers from McGuireWoods persuaded a federal jury in Detroit last week that Bank of America did not discriminate when it closed the account of an Arab-American charity.
4 minute read

New York Law Journal

State Regulators Levy $180M Penalty on Bank

By | August 19, 2016
New York financial regulators say Mega International Commercial Bank of Taiwan will pay a $180 million penalty and install an independent monitor for violating the state's laws against money laundering.
2 minute read

Daily Report Online

Garnishment Action Accuses Lawyer of Using Unpaid Judgment to Block Debt Collection

A Columbus lawyer claims that he's being stymied by another attorney in his efforts to collect on a nearly $160,000 judgment against a former AFLAC executive.
9 minute read

National Law Journal

Feds Want MetLife Arguments Expedited in D.C. Circuit

Financial regulators on Thursday asked a federal appeals court to expedite its review of a ruling that struck the government's designation of MetLife as a systemically important financial institution.
9 minute read

Supreme Court Brief

The Costly Fallout of a Deadlocked Supreme Court

In the U.S. Supreme Court, a case that ends in a deadlock has no precedential value, but it does have consequences. Consider Valerie Hawkins and Janice Patterson. After an unfavorable decision was affirmed in March by a divided Supreme Court, the women, petitioners now face multimillion-dollar judgments, according to their lawyer. Both are preparing for bankruptcy.
9 minute read

The American Lawyer

Lifetime Achiever: Emma Coleman Jordan, Georgetown University

7 minute read

Daily Business Review

Julius Baer Said to Hire HSBC Bankers in Latin American Push

Julius Baer Group Ltd., Switzerland's third-largest wealth manager, hired several private bankers from HSBC Holdings Plc to bolster its Latin American business, said three people with knowledge of the matter.
5 minute read

More from ALM

More from ALM

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

Resources

  • The Power of Online Reputation Management For Attorneys: A Critical Tool For Law Firms in 2025

    Brought to you by Erase.com

    Download Now

  • The Role of Evolving Support Structures in Optimizing Legal Talent

    Brought to you by BigHand

    Download Now

  • Corporate Monitorship Advisory Services

    Brought to you by HaystackID

    Download Now

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now