3rd Circ. Undoes Wilmington Trust Fraud Convictions

By Matthew Santoni (January 12, 2021, 6:32 PM EST) -- The Third Circuit Court of Appeals reversed the convictions for four former Wilmington Trust Corp. executives Tuesday, ruling that prosecutors hadn't proven that the bank's failure to report loans with extensions as "past due" during the 2007-08 financial crisis violated the only reasonable interpretation of federal regulations....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!