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White Collar
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January 22, 2025
Chutkan Says Trump's Pardon Can't 'Whitewash' Jan. 6 Terror
President Donald Trump's pardon of defendants accused of participating in the Jan. 6, 2021, attack on the U.S. Capitol "cannot whitewash the blood, feces and terror that the mob left in its wake," U.S. District Judge Tanya S. Chutkan wrote Wednesday in an order dismissing one such case.
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January 22, 2025
'Unicorn Prosecution' Could Upend Legal Practice, Court Told
Brown & Connery LLP partner William Tambussi told a New Jersey state judge Wednesday that the entire practice of law in the Garden State rests on his impending decision on the charges against him in the state's sweeping racketeering case targeting power broker George E. Norcross III, arguing that a lawyer has never been prosecuted for routine legal work.
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January 22, 2025
Mich. Justices Ask How Old Is Too Young For Life Sentence
A Michigan prosecutor predicted Wednesday that the state's Supreme Court was likely to extend the ban of mandatory life sentences on those who are 18 years old to include at least ages 19 and 20, during oral arguments regarding a trio of cases in which justices asked for guidance on where to draw that line.
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January 22, 2025
Texas Court Asks If $50M Award In Dubai Tower Case Was Fair
A Texas appeals court worked Wednesday to untangle whether executives who are on the hook for $50 million received a fair shot in the United Arab Emirates' court system after they abandoned ambitious tower projects in Dubai.
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January 22, 2025
Trump Pick For Boston US Atty Won't Be 'Afraid To Speak Up'
The selection of Leah Foley as Massachusetts U.S. attorney drew praise from both sides of the aisle, as veterans of the Boston-based office praised her toughness and predicted she would be able to withstand outside political influence.
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January 22, 2025
Miami Official Used Public Funds For Political Gain, Suit Says
Two former Miami city employees have brought a whistleblower lawsuit against District 3 Commissioner Joe Carollo in Florida federal court, alleging that he ousted them for exposing misuse of public funds meant to manage parks that were instead used to pay for his political ventures and personal expenses.
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January 22, 2025
Madigan Used ComEd As 'Personal Piggy Bank,' Jurors Told
Former Illinois House Speaker Michael Madigan and his devoted surrogate Michael McClain conspired to enhance and preserve Madigan's power and line his pockets, both by steering business to the ex-speaker's law firm and rewarding his political allies with do-nothing jobs, prosecutors told an Illinois federal jury during closing arguments Wednesday.
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January 22, 2025
Toy Co. Not Covered In Unpaid Judgment Suit, Judge Says
A Berkshire Hathaway insurer has no duty to defend a toy company accused of using legal proceedings to evade payment of an $8.5 million default judgment for false advertising, a Minnesota federal court ruled, finding that abuse of process claims are not covered under the policy.
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January 22, 2025
Billionaire Debtor's Daughter Loses Appeal Over Jet Sale
The daughter of bankrupt billionaire Miles Guo on Tuesday lost her appeal of a Connecticut bankruptcy judge's ruling that the $10 million she reaped from the sale of a private jet is the property of her father's estate because he was the beneficial owner of the plan.
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January 22, 2025
Dubai-Based Exchange Fined $9.2M To End Bank Fraud Probe
A Dubai, United Arab Emirates-based financial services company has agreed to pay $9.2 million to U.S. prosecutors over a U.K. subsidiary's false claims that it was in compliance with anti-money laundering laws, avoiding criminal charges.
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January 22, 2025
Seven Charged In $600 Million COVID Tax Credit Scheme
Seven people have been accused of trying to defraud the federal government of more than $600 million by filing more than 8,000 false tax returns in what the U.S. Department of Justice on Wednesday called "the nation's largest COVID-19 tax credit scheme."
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January 22, 2025
Justices Skeptical Of 'Moment Of Threat' Rule In Use Of Force
The U.S. Supreme Court on Wednesday appeared inclined to reject a legal doctrine under which courts looking at a police officer's use of deadly force only need to consider the officer's perception of danger at the precise moment force was used.
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January 22, 2025
Sotomayor Halts 2nd Circ. Ruling In Landmark Graft Case
U.S. Supreme Court Justice Sonia Sotomayor halted a decision from the Second Circuit on Wednesday that would have set up a second trial against four men whose convictions were overturned in a landmark 2023 high court ruling in which the justices narrowed certain types of public corruption cases.
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January 22, 2025
Feds Trim Spine-Implant Kickback Case Ahead Of Trial
A Massachusetts federal judge has granted a motion by prosecutors to drop bribery charges against a maker of spinal implant devices and whittle down the case against two of its former executives.
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January 22, 2025
Ga. Hedge Fund Manager Gets 7 Years For $10M Fraud
An Atlanta hedge fund manager has been hit with a seven-plus year prison term after admitting he ripped off investors in his nearly $10 million fund, pocketing the money to fund private school tuition, international travel and six-figure credit card bills, the Department of Justice said Wednesday.
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January 22, 2025
Feds Drop Case Against Atty's Accomplice In COVID Loan Fraud
A Savannah, Georgia, man who conspired with two attorneys to defraud the federal pandemic relief effort of $300,000 has had the charges against him in Georgia federal court dropped, after he completed a year of a pretrial diversion program.
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January 22, 2025
Committee's Trump Probe Subpoenas Are Moot, Willis Says
Fulton County District Attorney Fani Willis has urged a Georgia state court to quash a bid to enforce subpoenas from a state Senate committee investigating her handling of the prosecution of President Donald Trump, arguing the subpoenas are moot because "the old special committee no longer exists."
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January 22, 2025
Menendez Loses 2nd Bid For New Trial As Sentencing Nears
A Manhattan federal judge on Wednesday denied former U.S. Sen. Bob Menendez's latest motion for a new corruption trial a week before his sentencing, rejecting his claim that the jury could have been swayed by improperly redacted exhibits that were loaded onto a computer containing the evidence in the case.
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January 22, 2025
Exonerees In Mass. Drug Lab Scandal Can't Undo Forfeiture
The First Circuit has tossed what was left of a lawsuit seeking the return of forfeited funds and property to thousands of Massachusetts residents whose drug convictions were vacated due to the misconduct of two crime lab chemists.
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January 22, 2025
Atty Seeks Appeal In Failed Bid To Unwind 'Varsity Blues' Plea
A former attorney and television executive wants to ask the First Circuit whether her guilty plea in the "Varsity Blues" college admissions case should stand after a U.S. Supreme Court ruling that she argues invalidates the government's theory.
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January 22, 2025
DOJ Aims To Prosecute Local Officials Who Impede Removals
The U.S. Department of Justice instructed its staff to investigate and take enforcement actions against state and local officials who interfere with the Trump administration's plans to deport unlawfully present immigrants, according to an internal agency memo.
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January 21, 2025
Trump Pardons Silk Road's 'Dread Pirate' Ross Ulbricht
President Donald Trump announced Tuesday that he granted an unconditional pardon to Ross Ulbricht, the mastermind behind the cryptocurrency-fueled online drug bazaar Silk Road, in return for the political support he received from the crypto and libertarian realms.
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January 21, 2025
SEC Says 'Hotspot' Crypto Miners Broke Registration Laws
Technology company Nova Labs Inc. faces U.S. Securities and Exchange Commission allegations that it attempted an "end-run" around federal securities laws with its unregistered sale of investment contracts in the form of its "hotspot" crypto asset mining devices.
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January 21, 2025
SEC Sues Ex-Investment Firm Reps, GC Over 'Sham' Energy Co.
The U.S. Securities and Exchange Commission has accused former representatives of a wealth management firm of selling shares of a "sham" oil and gas company, and separately accused the firm's general counsel and chief compliance officer of playing an "active role" in the alleged misconduct by drawing up liability releases for the firm.
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January 21, 2025
SEC Says Engineering Prof To Pay $785K For Insider Trading
The U.S. Securities and Exchange Commission on Tuesday told a California federal court that an electrical engineering professor has agreed to pay about $785,000 to settle a lawsuit accusing him of improperly trading shares of a radio technology company at which he previously served as an advisory committee member.
Expert Analysis
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Series
Playing Diplomacy Makes Us Better Lawyers
Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.
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Open Questions In Unsettled Geofence Warrant Landscape
The Fourth and Fifth Circuits recently reached radically divergent conclusions about the constitutionality of geofence warrants, creating an uncertain landscape in which defendants should assert and preserve the full range of conventional Fourth Amendment challenges, says Charles Fowler at McKool Smith.
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Applying High Court's Domestic Corruption Rulings To FCPA
After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.
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Primer On Chinese Trade Secret Disputes For US Practitioners
Increasing cross-border disputes over trade secret misappropriation between U.S. and Chinese entities emphasize the need for U.S. practitioners to navigate China's legal landscape following recent reforms that enhance the viability of litigation in Chinese courts, say attorneys at Jones Day.
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Mental Health First Aid: A Brief Primer For Attorneys
Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.
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John Deere Penalty Shows Importance Of M&A Due Diligence
The U.S. Securities and Exchange Commission's recent $10 million penalty against John Deere underscores the risks of not conducting robust preacquisition due diligence and not effectively integrating a new subsidiary into the existing compliance framework, say attorneys at Ropes & Gray.
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Revisiting The Crime-Fraud Exception After Key Trump Cases
Evidence issues in the Jan. 6 Capitol riot and classified documents cases involving former President Donald Trump offer an opportunity to restudy elements and implications of the crime-fraud exception to attorney-client privilege and the work product doctrine, noting the courts' careful scrutiny of these matters, say Robert Hoff and Paul Tuchmann at Wiggin and Dana.
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Series
NY Banking Brief: All The Notable Legal Updates In Q3
In a relatively light few months for banking legal updates in New York, the state Department of Financial Services previewed its views on banking sector artificial intelligence use via insurer guidance, and an anti-money laundering enforcement action underscored the importance of international monitoring processes, say Eric McLaughlin and Dana Bayersdorfer at Davis Polk.
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Series
Collecting Art Makes Me A Better Lawyer
The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.
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Aviation Watch: Boeing Plea Agreement May Not Serve Public
The proposed plea agreement between the U.S. Department of Justice and Boeing — the latest outgrowth of the company's 737 Max travails — is opposed by crash victims' families, faces an uncertain fate in court, and may ultimately serve no beneficial purpose, even if approved, says Alan Hoffman, a retired attorney and aviation expert.
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Using Primacy And Recency Effects In Opening Statements
By understanding and strategically employing the primacy and recency effects in opening statements, attorneys can significantly enhance their persuasive impact, ensuring that their narrative is both compelling and memorable from the outset, says Bill Kanasky at Courtroom Sciences.
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Takeaways From TOTSA Settlement And Critical CFTC Dissent
The U.S. Commodity Futures Trading Commission's recent settlement with TOTSA highlights the agency's commitment to enforcing market integrity and deterring manipulative practices, while Commissioner Caroline Pham's dissent to the settlement spotlights the need for transparency and consistency in enforcement actions, say attorneys at Davis Wright.
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Litigation Inspiration: Honoring Your Learned Profession
About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.
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Opinion
AI May Limit Key Learning Opportunities For Young Attorneys
The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.
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Key Takeaways From DOJ's New Corp. Compliance Guidance
The U.S. Department of Justice’s updated guidance to federal prosecutors on evaluating corporate compliance programs addresses how entities manage new technology-related risks and expands on preexisting policies, providing key insights for companies about increasing regulatory expectations, say attorneys at Debevoise.