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National Law Journal

With New DC Leadership, Mayer Brown Focuses on Financial Services Practice Growth

The firm's D.C. office, with about 188 lawyers now, is now being led by Andrew Olmem, co-leader of Mayer Brown's financial services, regulatory and enforcement practice.
4 minute read

The American Lawyer

Kirkland Merges Finance Practices Ahead of New Star Hire, as Private Credit Market Booms

Structured finance has moved beyond mortgage-backed securities and into the broader economy. As a consequence, "leveraged finance lawyers need to understand structured finance and structured finance lawyers need to understand leveraged finance," said attorney Michael Urschel, who arrived from Milbank last month.
6 minute read

Daily Business Review

FBI Has New Warning for Law Firms and Attorneys

Victims, who were further exploited by fictitious law firms, reported losses totaling nearly $10 million between February 2023 and February 2024.
3 minute read

Law.com

Milberg Files Data Breach Suits Against North Carolina-Based Truist Bank

On May 10, Financial Business and Consumer Solutions began sending the affected plaintiffs a notice letter which said "an unauthorized third party gained access to a small number of Truist employee accounts."
3 minute read

National Law Journal

Biden Taps Christy Goldsmith Romero to Chair the FDIC

If confirmed by the U.S. Senate, Goldsmith Romero would succeed Martin Gruenberg, who has come under fire for the FDIC's reportedly toxic office. Gruenberg announced last month his intention to resign on the confirmation of his successor.
3 minute read

The American Lawyer

Norton Rose Fulbright Lands a Dozen Attorneys From BCLP, Adding to Global Investigations Practice

Incoming partners Jeff Kalinowski and Eric Martin have been working together for about 25 years, while Laura Perlov and Jeff Ziesman have been part of the team for over a decade. Perlov is based in Denver, while the others are in St. Louis.
3 minute read

The American Lawyer

Finance Partner Leaves King & Spalding for McDermott, Following 11-Partner Move to Paul Hastings

Ellen Snare said she was enticed by McDermott's planned investments in private credit capabilities.
3 minute read

The Recorder

Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read

Daily Business Review

Sanctions Work and Bank Compliance is Keeping Miami Lawyers Busy

While Miami is known as a common storage space for sanctioned assets, lawyers in the region are finding fresh opportunities in bank compliance and even helping clients navigate sanctions in countries like Canada.
4 minute read

National Law Journal

US Supreme Court Reverses 2nd Circuit's Invalidation of NY Escrow Law

In a unanimous decision, the U.S. Supreme Court revived a class action against Bank of America over its alleged failure to pay interest on mortgage escrow accounts.
2 minute read

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