Justices Decline CashCall Challenge To $134M CFPB Award

By Jon Hill

The U.S. Supreme Court said Monday that it will not review a Ninth Circuit decision upholding a $134 million restitution award for the Consumer Financial Protection Bureau in a long-running case over a tribal lending program that ultimately lost millions for lender CashCall Inc.

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Lawmakers Urged To Rein In Debt Settlement Industry

By Jon Hill

Lender trade groups on Friday urged Congress to tighten federal oversight of the debt settlement industry, warning of significant potential harm from companies that they said are increasingly pitching consumers on "strategic default" as a path to financial relief.

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VIX Note Investors Denied Appeal Bid In Credit Suisse Suit

By Emilie Ruscoe

Investors who claimed Credit Suisse manipulated the market for certain exchange-traded notes can't immediately appeal an order blocking them from further amending their claims, in part because they sought review of a question "ill-suited to purely legal analysis," a federal judge in Manhattan held.

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FINRA Fines Goldman Subsidiary $1.3M Over Order Execution

By Sydney Price

The Financial Industry Regulatory Authority fined Goldman Sachs subsidiary Folio Investments Inc. $1.3 million for allegedly failing to properly review order execution quality after changing the market center through which it routed a substantial amount of its customer orders.

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Senate Banking Dems Call For Binance Deal Compliance Probe

By Courtney Bublé

Senate Democrats on the banking committee are pressing the U.S. Department of Justice and U.S. Department of the Treasury to investigate reports that cryptocurrency exchange Binance Holdings Ltd. could be flouting the requirements of a 2023 settlement agreement. 

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Attorney, Law Firm Seek Exit From EB-5 Fraud Suit

By Tom Lotshaw

An attorney and his law firm urged a Florida federal judge to throw out fraud claims a proposed class of EB-5 investors lodged against them over what they called a sham real estate development in Orlando, Florida.

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Cadwalader Continues Restructuring Growth With UK, US Duo

By Andrea Keckley

Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.

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Fed's Abbreviated Supervisory Statement Packs A Big Punch

Language used in a recent three-page statement from the Federal Reserve Board charts a very clear shift in the supervision of banks and bank holding companies, departing from traditional "Fed speak" and emphasizing material financial risks in exams, says Joseph Silvia at Duane Morris.

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Where 5th Circ. Ruling Fits In ERISA Arbitration Landscape

The Fifth Circuit's recent decision in Parrott v. International Bancshares, holding that an Employee Retirement Income Security Act plan may consent to arbitration, must be understood against the backdrop of a developing body of appellate authority addressing ERISA arbitration, say attorneys at Gibson Dunn.

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WTO Most‑Favored‑Nation Reform May Hold Promise

When the World Trade Organization meets this month, it is expected to debate changing the most-favored-nation rule, a carefully calibrated loosening of which may be justified if it enables deeper liberalization and regulatory cooperation, says Alan Yanovich at Akin.

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5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

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DOJ Drops Law Firm Executive Order Appeals

By Alison Knezevich and Lauren Berg

The Trump administration told the D.C. Circuit on Monday that it is dropping its fight over executive orders targeting four law firms.

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Dems Probe Trump 'Fixer' In Kirkland Pro Bono Deal

By Lauren Berg

Top Democratic legislators who are investigating the legality of pro bono agreements some BigLaw firms made with President Donald Trump demanded Monday that Kirkland & Ellis LLP provide information about the involvement of Boris Epshteyn, whom the lawmakers called Trump's "legal fixer and co-conspirator to overturn the 2020 presidential election."

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Analysis

4 Things That Likely Sealed Fate Of SCOTUSblog Founder

By Jared Foretek

When 12 "guilty" verdicts were read aloud by the jury in SCOTUSblog founder Thomas Goldstein's tax evasion and mortgage fraud trial last week, it was the culmination of a 16-day trial that took jurors deep into Goldstein's ultra high-stakes poker playing, his lavish lifestyle and his former law firm's accounting. Here, Law360 looks at four key pieces of evidence that likely moved jurors to their decision.

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Hagens Berman Denied Rehearing Bid In Sanctions Dispute

By Emma Cueto

The Third Circuit on Monday rejected plaintiffs firm Hagens Berman Sobol Shapiro LLP's request to reconsider weighing in on the sanctions dispute in a since-dropped product liability case that resulted in the trial court judge referring the firm for possible criminal investigation.

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Ex-Atty Kossoff Axed From Bankruptcy Case Amid Appeal

By Emily Sawicki

A New York bankruptcy judge determined he has jurisdiction over litigation stemming from the collapse of real estate law firm Kossoff PLLC after its principal stole $14 million from its clients, finding the firm's founder may be dismissed as a defendant because the now imprisoned, disbarred lawyer "appears to be judgment-proof."

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Scientists Slam 'Political Attack' On Judges' Reference Book

By Lauren Berg

Partisan politics is interfering with a reference manual judges routinely rely on to understand complicated scientific evidence, according to more than two dozen contributors who on Monday raised the alarm about Republican attorneys general successfully lobbying for a chapter on climate change to be deleted.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court's docket last week featured headline-grabbing disputes involving fast food giant Jack in the Box and boxing legend Mike Tyson's cannabis venture, alongside high-stakes fights over merger documents, appraisal rights and a $75 million renewable energy funding clash.

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Roundup

The Top In-House Hires Of February

By Michele Gorman

Legal department hires during the second month of 2026 included high-profile appointments at Walmart, Walgreens and the Big 12 Conference. Here, Law360 Pulse looks at some of the top in-house announcements from February.

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