Additional D.C. Circuit judges will get to weigh in on the Trump administration's bid to dismantle the Consumer Financial Protection Bureau through mass layoffs, after the appeals court granted the agency's employees' union an en banc rehearing on a lower court's injunction stopping the firings.
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THURSDAY, DECEMBER 18, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

DC Circ. Grants En Banc Hearing On CFPB Layoff Plan

By Jared Foretek

Additional D.C. Circuit judges will get to weigh in on the Trump administration's bid to dismantle the Consumer Financial Protection Bureau through mass layoffs, after the appeals court granted the agency's employees' union an en banc rehearing on a lower court's injunction stopping the firings.

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Trump Admin Asks Fed Whether It's Back In The Black

By Jon Hill

The U.S. Department of Justice on Tuesday asked the Federal Reserve to confirm whether it has returned to profitability, a potential opening for the Trump administration to draw new funding for the Consumer Financial Protection Bureau after insisting none is available.

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Tricolor Execs Charged With Fraud In Billion-Dollar Collapse

By Rick Archer

A Manhattan federal grand jury has indicted the ex-CEO and ex-chief operating officer of bankrupt subprime auto lender Tricolor Holdings, saying they engaged in years of fraud on the company's lenders and investors.

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20 States Back 10th Circ. Rehearing In Colo. Interest Rate Row

By Katryna Perera

Utah has led a group of 20 states in backing a push by banking groups for a full Tenth Circuit rehearing of their challenge to a Colorado law intended to curb high-cost lending in the state, saying a recent panel decision upholding the law harms states' interests.

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Analysis

The Top Trademark Decisions Of 2025

By Theresa Schliep

The U.S. Supreme Court vacated a trademark infringement award that reached nearly $47 million and found nonparties couldn't be on the hook for the amount, while the Federal Circuit reproached a trademark tribunal for its handling of a man's attempt to register the F-word. Here are Law360's picks for the biggest trademark decisions of 2025.

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POLICY & REGULATION

Shutdown Deal Bars Federal Firings Until Feb., Judge Says

By Bonnie Eslinger

A California federal judge said Wednesday she'll grant a preliminary injunction barring layoffs of federal workers from several agencies before Jan. 30, saying legislation that ended the government shutdown prohibits the layoffs, but she added she might pause her order while the government appeals.

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ENFORCEMENT & COMPLIANCE

Ex-Goldman Banker Can't Dodge Ghana Bribery Charges

By Stewart Bishop

A New York federal judge on Wednesday shot down a former Goldman Sachs banker's bid to escape charges over a purported scheme to bribe Ghanaian officials to greenlight a power plant deal, rejecting defense claims of improper sealing and speedy trial violations.

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SEC Again Flags Adviser Testimonials, Ratings In Marketing

By Sarah Jarvis

The U.S. Securities and Exchange Commission's Division of Examinations has again flagged advisers' disclosures regarding their use of testimonials, endorsements and third-party ratings in advertisements, saying staff have observed noncompliance with commission rules in those areas.

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LITIGATION

Bank Deserves Sanctions In Jail Debit Card Suit, Court Told

By Sydney Price

A class of formerly incarcerated people who've accused the Central Bank of Kansas City of charging excessive fees on prepaid debit cards told a Washington federal judge that the bank should face sanctions for failing to sort and hand over documents required for compliance with an August court order.

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JPMorgan Ex-Advisers Sue Over Alleged Race And Sex Bias

By Emilie Ruscoe

JPMorgan Chase & Co. and its broker-dealer unit are facing claims they discriminated against two Black women who had worked for the companies as financial advisers, giving them unfavorable branch assignments and leave-related client reassignments while later forcing them to take lower-paying remote jobs they eventually had to quit.

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DEALS

2 Firms Guide $192M Northern California Bank Merger

By Emilie Ruscoe

Northern California's Community West Bank and United Security Bank on Wednesday announced plans to merge by the middle of next year in a $192 million deal guided by Otteson Shapiro LLP and Stuart Moore Staub.

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EXPERT ANALYSIS

Crypto In 2025: From Federal Deregulation To State Action

The cryptocurrency enforcement landscape evolved in 2025, marked by federal deregulatory trends and active state attorney general enforcement, creating both opportunity and risk for businesses navigating the digital asset market, say attorneys at Cozen O'Connor.

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Series

Law School's Missed Lessons: Practical Problem Solving

Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

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LEGAL INDUSTRY

Surveys, Awards & More: Law360's 2026 Editorial Calendar

Law360 publishes several award series throughout the year, including ones that highlight top-performing attorneys and practice groups. Here, find all you need to know about our awards and surveys, including due dates, FAQs, and the questions we'll ask so you can prepare ahead of time.

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Bonus Spotlight

Bonus News: Glenn Agre, Bursor & Fisher Reveal 2025 Levels

By Andrea Keckley

Glenn Agre Bergman & Fuentes LLP told its associates in a memo last week that it would be issuing year-end bonuses ranging from $15,000 to $115,000 and special bonuses ranging from $6,000 to $25,000 based on seniority, with the chance to receive premiums above the year-end bonuses based on "​​extraordinary dedication and/or performance."

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Jackson Walker Wants Settlements Heard Before Romance Trial

By Adrian Cruz

Following a Texas federal judge's decision to hold off on reviewing malpractice settlements with former bankruptcy clients, Jackson Walker LLP asked the court to reconsider, as the pending motions could save parties time and money.

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Analysis

Circuit-By-Circuit Guide To 2025's Most Memorable Moments

By Jeff Overley

Federal circuit courts in 2025 strained under a crush of Trump administration lawsuits, as judges directed animated language at litigants and even their fellow judges. And while the president only added a handful of appellate jurists, they had outsize impacts on circuit benches as they joined the cadre of conservatives seated in his first term.

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CFTC's Pham Will Head To Crypto Co. MoonPay After Exit

By Aislinn Keely

The U.S. Commodity Futures Trading Commission's acting Chair Caroline Pham is set to join cryptocurrency payments firm MoonPay as its top lawyer following her impending departure from the commission, MoonPay announced Wednesday.

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Sterne Kessler Draws Scolding, But No Sanctions Midtrial

By Elliot Weld

A Delaware federal judge said Wednesday she wasn't happy with the tone used by attorneys defending a radiopharmaceutical company from patent infringement claims and that she does not condone the attorneys' conduct in improperly contacting three inventors named in a patent at issue, but she declined to issue the severe sanction of kicking them off the case.

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After Questioning Judge Nominee, Sen. Kennedy Wants More

By Courtney Bublé

Sen. John Kennedy, R-La., on Wednesday pressed a judicial nominee for Indiana on statements he's made as an ordained elder on sexuality and marriage.

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Judge's Contact With 'Tiger King' Ex-Atty Won't Disqualify Him

By Ivan Moreno

A Tenth Circuit judge on a panel reviewing a copyright infringement claim against Netflix over a video clip included in its "Tiger King" docuseries can stay on the case after inadvertently contacting a former attorney for the plaintiffs, the parties told the appellate court in separate letters.

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Pentagon Must Justify JAG Firings Under New NDAA

By Courtney Bublé

Under the annual defense policy bill that was sent to the president's desk on Wednesday, the Pentagon will have to explain its firings of military lawyers — a provision that comes after the Trump administration controversially dismissed its top military lawyers at the beginning of the year.

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Feature

The Spiciest Quotes From Massachusetts Courts In 2025

By Chris Villani

Massachusetts courts were replete with high-stakes cases throughout the year, with memorable lines from lawyers and judges alike, including jabs, thoughtful reflections and one defendant "blinded by love."

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Promo that reads 2025 MVPs Promo that reads Law360 Pulse Compensation Report

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Above the Law

Advanced Accelerator Applications SA

American Bar Association

American Federation of Government Employees

American Federation of State County & Municipal Employees

American Federation of Teachers

American Petroleum Institute Inc.

Apple Inc.

Athena Bitcoin Inc.

BP PLC

BlockFi Inc.

Citigroup Inc.

Coinbase Global Inc.

Community West Bancshares

Democracy Forward Foundation

Eicher Motors Ltd.

Exxon Mobil Corp.

Google LLC

Honeywell International Inc.

Instagram Inc.

JPMorgan Chase & Co.

Jack Daniel's Properties Inc.

Johnson & Johnson

Lantheus Holdings Inc.

Major League Baseball Inc.

Meta Platforms Inc.

Motorola Mobility LLC

NFL Enterprises LLC

National Association of Government Employees

National Treasury Employees Union

Netflix Inc.

Numi Financial

Payward Inc.

Public Citizen Inc.

Reddit Inc.

Ripple Labs Inc.

Robinhood Markets Inc.

SAP AG

Samsung Electronics Co. Ltd.

Service Employees International Union

Shell PLC

Southwest Airlines Co.

Southwest Bancorp, Inc.

Takeda Pharmaceutical Co. Ltd.

The Goldman Sachs Group Inc.

TikTok Inc.

United Security Bank

Verizon Communications Inc.

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

Altshuler Berzon

ArentFox Schiff

Arnold & Porter

Boies Schiller

Bursor & Fisher

Caldwell Law Office

Covington & Burling

Cozen O'Connor

Crowell & Moring

Davis Wright Tremaine

Debevoise & Plimpton

Finnegan

Fox Rothschild

Gibson Dunn

Glenn Agre

Gupta Wessler

HSF Kramer

Holland & Knight

Irell & Manella

Jackson Walker LLP

Jones Day

Kirkland & Ellis

Knobbe Martens

Kroger Gardis

Libby Hoopes

McCarter & English

McDonald Carano

Mitchell Silberberg

Morrison & Foerster

Norton Rose

Otteson Shapiro

Paul Weiss

Quarles & Brady

Rusty Hardin

Sirianni Youtz

Sterne Kessler

Stowell & Friedman

Stranch Jennings

Stuart Moore Staub

Sullivan & Cromwell

Troutman

WilmerHale

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Attorney General's Office

Colorado Attorney General's Office

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Executive Office of the President

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Reserve System

Federal Trade Commission

Interpol

Judicial Conference of the United States

Massachusetts Supreme Judicial Court

National Institutes of Health

National Labor Relations Board

New York Attorney General's Office

New York Department of Financial Services

Office of the Comptroller of the Currency

Oregon Attorney General's Office

Small Business Administration

U.S. Army

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Defense

U.S. Department of Education

U.S. Department of Justice

U.S. Department of State

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the Eastern District of Kentucky

U.S. District Court for the Eastern District of New York

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Missouri

U.S. District Court for the Western District of Tennessee

U.S. District Court for the Western District of Washington

U.S. General Services Administration

U.S. House of Representatives

U.S. Office of Personnel Management

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

US Office of Management and Budget

United States District Court for the Southern District of Indiana