NEXT
Sign in to follow

Texas Lawyer

This Ruling in an $11.5M Case Could Affect a 'Sea of Filings' in Multiple States

"There is a sea of Balboa Capital filings on the docket daily, and only time will tell how many loans were made on that form of loan agreement and suffer from the same defect," attorney Dana Campbell said.
4 minute read

New York Law Journal

'Pure Greed': Ex-Goldman Sachs Banker Roger Ng Is Sentenced to 10 Years for Malaysia Bribery Scheme

Chief U.S. District Judge Margo Brodie of the Eastern District of New York pronounced the sentence, which was lower than the 15 years requested by prosecutors.
3 minute read

New York Law Journal

New Enforcement Tools in Regulating Cryptocurrency

This article takes a look at the National Cryptocurrency Enforcement Team's first public action working with the Department of Treasury in targeting the Hong-Kong-based exchange, Bitzlato Ltd., which allegedly served as a haven for money laundering and cybercrime. The action could have broad ramifications for the cryptocurrency market and financial institutions that deal in cryptocurrency.
4 minute read

Delaware Business Court Insider

Lawsuit Alleging Mismanagement and Fiduciary Breaches Seeks to Access Weber's Corporate Records

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

Litigation Daily

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

The deal, which included $1.2 billion from TD Bank, brings the total recoveries achieved by a Baker Botts team led by partner Kevin Sadler to more than $2.7 billion in litigation stemming from Allen Stanford's Ponzi scheme.
6 minute read

New York Law Journal

2nd Circuit Affirms Dismissal of Leon Black's RICO Suit Against Accuser, Ex-Business Partner

In a summary order, Circuit Judges Dennis Jacobs, Eunice Lee and Myrna Pérez ruled that a district judge did not abuse his discretion when he dismissed the first amended complaint or when he denied Black leave to file the second amended complant.
3 minute read

Litigation Daily

What a Busy Year in Class Action Settlements Meant on the Recovering Side of the Docket

Steve Cirami, the head of the class action team at fintech company Broadridge, says last year's surge in activity was just "the tip of the iceberg" in terms of what to expect in cross-border, global settlements.
8 minute read

Law.com

First Circuit: Attorney's 'False Oaths' Warrants Denial of Chapter 7 Discharge

"We agree with the bankruptcy court that Kupperstein's 'belated and illogical justifications only served to enhance the appearance of fraud,'" Rhode Island District Judge Mary S. McElroy wrote for the panel, sitting by designation.
4 minute read

New York Law Journal

The CISG: 35 Years After the Treaty's Adoption: What Lawyers Need to Know

Despite being one of the most widely adopted international treaties, covering approximately two-thirds of international trade contracts today, many feel the United Nations Convention on Contracts for the International Sale of Goods (the CISG), adopted by the United Nations in 1980, is not widely understood in the United States. This article highlights the importance of understanding when the CISG applies and why it matters.
7 minute read

Texas Lawyer

Stanford Ponzi: Receiver Reaches $1.6B in Settlements With Five Banks

Baker Botts partner Kevin Sadler said, "This is an extraordinary result for the victims of the Stanford fraud."
3 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

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now