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The Legal Intelligencer

Focused on Long-Term Profit Growth, Blank Rome Sees Strong 2023

This is the fifth consecutive year in which net income growth surpassed 8.5%, coinciding with the course of the firm's five-year strategic plan.
6 minute read

New York Law Journal

New York Assembly Committees Set to Weigh Greater Oversight of Fintech

Two committees are set to take testimony on the impact that Venmo, Wealthfront, Affirm, PayPal and other online companies have on New Yorkers.
3 minute read

New Jersey Law Journal

Shhh ... Litigation Funding Can Remain Confidential—For Now

"Due to the lack of transparency in [third-party litigation funding] arrangements, parties to litigation and judges are oftentimes not aware of potential conflicts of interest, have no reasonable way of gauging improper outside influence by funders on litigation strategy or settlement decisions, or other ethical concerns with funding arrangements," said Anthony Anastasio, president of the New Jersey Civil Justice Institute.
5 minute read

New York Law Journal

The CFPB Limits Intra-Agency Appeal Rights

The CFPB adopted a new intra-agency appeals process on Feb. 22, 2024. While the CFPB described its new rules as resulting from its review of revisions that other regulators have made to their intra-agency appeals processes over the past decade, the rules are most noteworthy for how they deny rights that other regulators of financial institutions provide.
7 minute read

New York Law Journal

Lawyers for Halkbank Stress Common Law Sovereign Immunity in 2nd Circuit Argument

Williams & Connolly partner John Williams, who represents Halkbank, argued that the common law favors his client and that the indictment in a sanctions-busting case should be dismissed.
3 minute read

New York Law Journal

Shareholder Claims Mount Against NY Community Bancorp in EDNY

Three new lawsuits bring the total number of new EDNY cases filed this month against NYCB, which has been the parent company of Flagstar Bank for more than a year, to six, all related to how the company handled a postmerger spike in loan losses.
3 minute read

New York Law Journal

Bankman-Fried's Attorneys Call for Leniency in Sentencing

Bankman-Fried's attorneys at Mukasey Young, led by Marc Mukasey, described the 100-year sentence recommendation in Bankman-Fried's presentence report as "barbaric" and "grotesque."
3 minute read

The Recorder

Square, Cash App Owner Latest Target Accused of Deploying Spyware Tracking Technology

The suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
2 minute read

New York Law Journal

Decision of the Day: Lender Hit With 'Historic' $77M Judgment in Case Brought by New York Attorney General Failed to Make Filings to Reduce Award

This ruling was selected and summarized by the New York Law Journal's decision editors. 
2 minute read

National Law Journal

Supreme Court Fears 'Practical Nightmares' of Potential Banking Decision

The justices consider whether the National Bank Act trumps state laws requiring banks to pay mortgage borrowers interest on escrow funds.
5 minute read

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