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Litigation Daily

Litigators of the Week: Eliciting a Mea Culpa From the IRS For Citadel Founder Over Leaked Tax Records

After William Burck, AJ Merton and Peter Fountain of Quinn Emanuel sued the Internal Revenue Service on behalf of billionaire investor Ken Griffin, the agency this week apologized to him and thousands of others whose tax information was leaked to the press by a contractor.
10 minute read

National Law Journal

Sidley, Akerman and Squire Patton Boggs Among Latest Law Firms on the DC Lateral Partner Market

Despite the recent hiring spree in D.C., lateral partner and counsel hiring in the region last month was behind last year.
3 minute read

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

National Law Journal

FTC Defends Investigation Into Cyberattack on MGM as Casino Giant Seeks to Block Probe

"MGM's suit fails ... both for lack of subject matter jurisdiction and for failure to state a claim for relief," the commission tells the U.S. District Court for the District of Columbia.
3 minute read

Daily Business Review

Ex-President of Chile Football Club Sues Amazon Studios for Defamation

"What makes this lawsuit unique is they're using him as the narrator of the story, and we alleged that they never had an agreement with him to be the narrator," said Giacomo Bossa, a partner at Barakat + Bossa.
4 minute read

National Law Journal

SEC Should Engage Public When Proposing Rules That Exceed Agency Expertise, Former Chair Says

"You need to be more and more careful about engagement the further afield from your expertise the rulemaking is," Jay Clayton said.
3 minute read

National Law Journal

EEOC Approves $15M Class Action Settlement in US Marshals Race Discrimination Case

"This agreement is the culmination of more than three decades of hard-fought litigation combating race discrimination," class counsel David Sanford said in a statement, "and the settlement will provide meaningful relief for African Americans in the Marshals Service and those denied an opportunity to become Marshals."
2 minute read

National Law Journal

Ex-SEC Commissioners on Crypto Legal Showdowns, Regulatory Rifts

"At one point, I penned an op-ed that I am not going to publish," said Dan Gallagher, chief legal officer for Robinhood Markets Inc. "It was called, 'I asked for a registration and I got a Wells Call.'"
4 minute read

Corporate Counsel

Ex-SEC Commissioners Fear Agency's AI Regulation Will Be Ham-Handed

"Let's not try to use enforcement to cause folks to pull back and not offer these services. I think that's the challenge," said Robinhood Markets legal chief Dan Gallagher, an SEC commissioner from 2011 to 2015.
6 minute read

National Law Journal

'Mixed Bag': 5th Circuit Sides With Christian-Owned Businesses in ACA Care Case, Lifts Nationwide Block

"Though this case concerns federal law and necessarily implicates concerns of nationwide uniformity, it does not fall into one of the narrow categories that we have previously identified as particularly appropriate for universal injunctive relief," the appeals court held.
4 minute read

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