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The Recorder

Sam Bankman-Fried Sues Insurer to Cover Defense Costs in New York Criminal Trial, Other Litigation

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit."
3 minute read

Daily Report Online

Fifth Third Bank Sues Customer for Alleged Nonpayment of $4K Credit Card Bill

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Texas Lawyer

$2 Billion Blunder: Nationstar Sues Over Error Affecting 500,000 Mortgages

The incident occurred, Nationstar alleges, because "ACI misused Nationstar's nonpublic personal customer information to conduct quality assurance testing ... in a live production environment, instead of a walled-off testing environment."
4 minute read

Corporate Counsel

AIG Hires Legal Chief at Star Startup as General Counsel

Patricia "Trish" Walsh is taking the legal reins of American International Group, returning to a corporate giant after four years in the startup sphere.
3 minute read

New York Law Journal

Bankman-Fried Trial Judge Orders FTX Founder to Stay in Federal Lockup

U.S. District Judge Lewis Kaplan found that the MDC has made "extraordinary accommodations" to allow Bankman-Fried to assist in his own defense from jail. He also said he was "wondering more" if the ex-crypto entrepreneur could be a flight risk.
3 minute read

Corporate Counsel

Payment-Processing Unicorn Taps Fintech Veteran as Legal Chief

Lisa Roberts joins Stax from NCR, where she was chief counsel of payments.
2 minute read

Daily Report Online

Employees Sue Old Dominion, Claiming 401(k) Performs Worse Than Alternatives

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

The Legal Intelligencer

White and Williams Expands 'Backbone' Insurance Practice With 4 Additions

Victoria Fuller, Daniel Bryer and Dirk Haarhoff join the firm as partners in Boston, Newark and New York, respectively.
4 minute read

Daily Report Online

Judge Refuses to Immediately Block Grant Program for Black Women Entrepreneurs

The Fearless Fund is a tiny player in the approximately $200 billion global venture capital market, but Tuesday's ruling was a significant victory for the firm, which has become symbolic of the fight over corporate diversity policies.
4 minute read

New York Law Journal

US Virgin Islands, JPMorgan Announce $75 Million Settlement to Resolve Epstein-Related Claims

The bulk of the settlement is aimed at bolstering efforts in the U.S. Virgin Islands to foil human trafficking.
3 minute read

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

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