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Trump-Backed Crypto Co. Gets Initial OK For Bank Charter

Signage for the Office of the Comptroller of the Currency features a round seal depicting scales atop a key

By Jon Hill

The Office of the Comptroller of the Currency on Friday preliminarily approved a closely watched charter application from World Liberty Financial, moving the Trump family-tied cryptocurrency venture closer to launching a federally regulated trust bank.


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    Amazon customers must now take most legal claims against the retail giant to binding arbitration, the company announced Friday, unveiling new conditions of use that also include a prohibition on users bringing proposed class actions.

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    By Ryan Davis

    Following a sharply divided order where the full Federal Circuit declined to reconsider the standards for design patent infringement, attorneys tell Law360 they hope the deep disagreements among the judges spur the U.S. Supreme Court to clear up precedent one called a "total mess."

  • Tesla Faces Case-Ending Sanctions In Fla. Fatal Crash Suit

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    A family suing Tesla over the wrongful death of its 19-year-old daughter in a crash urged a Florida state court Friday to grant case-ending sanctions, claiming the automaker repeatedly refused to hand over records documenting underbody impact tests. 

  • Uber Says Plaintiff Attys Are Hyping Article That Fueled Threats

    By Bonnie Eslinger

    A California federal judge said Friday that he wouldn't get involved in Uber's accusations that plaintiffs' counsel in passenger sexual assault litigation were involved in and "cheering on" a media report that's led to death threats against Uber's lawyers, saying it would not likely change things and could make them worse.

  • Charter-Cox Tie-Up Gets Last Needed OK With Calif. Approval

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  • 4th Circ. Altria Decision Spotlights Risks From ERISA Docs

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    A recent Fourth Circuit decision in a retirement plan dispute between tobacco giant Altria and an ex-worker underscored how service provider contracts can introduce snags in litigation, with benefits attorneys warning that employers may want to review documents with the potential for disclosure in mind.

  • 4 Questions On Excess Manufacturing Capacity Tariffs

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    Stakeholders anticipate new tariffs on key trading partners stemming from allegations that excess manufacturing capacity is causing harm to U.S. businesses, but several open questions remain about the extent to which duty burdens will increase and whether countries will retaliate in response. Here, Law360 considers four such questions.

  • Drone-Maker Gets Partial Do-Over In Chinese Gov't Ties Suit

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    The D.C. Circuit Friday partially overturned a lower court win for the U.S. Department of Defense in its dispute with a drone-maker over being designated a Chinese military company, saying there is no publicly stated rationale for the decision.

  • SEC Staff Halt Responses To Proxy Proposal Exclusion Bids

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    The U.S. Securities and Exchange Commission Friday made permanent a previous decision to step back from responding to companies' bids to exclude shareholder proposals from their ballots, following comments from the agency's chairman that the most recent proxy season saw none of the "dire predictions" some had forecast after the retreat.

  • Idaho Abortion Ban Needs Health Exceptions, Judge Finds

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    An Idaho federal judge barred the state from criminalizing abortions in cases where continuing a pregnancy puts a patient at risk of lasting harm or death via self-harm, finding that the 14th Amendment establishes a fundamental right to health- and life-preserving abortion care.

  • Nielsen Loses At Fed. Circ., Fights Verdict In Patent Row

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    The Nielsen Co. Friday lost its attempt at the Federal Circuit to revive claims of a patent it accused TVision Insights Inc. of infringing, as it fights a jury verdict clearing TVision of infringing a separate patent.

  • White House, BigLaw Atty Picked For Tenn. Federal Bench

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