Trump's Picks To Lead FDIC, CFTC Win Senate Approval

By Jon Hill

The U.S. Senate on Thursday signed off on two more of President Donald Trump's picks for top financial regulator jobs, confirming Travis Hill and Michael Selig as chairs of the Federal Deposit Insurance Corp. and Commodity Futures Trading Commission, respectively.

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OCC Ends Citi Risk Management Resource Review Order

By Emilie Ruscoe

The Office of the Comptroller of the Currency on Thursday formally ended a 2024 amendment to a previous consent order against Citibank over its risk management practices, with Citibank saying the relevant remediation programs are "nearly at target-state."

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Settlement Admin, Bank Conspiracy Suits Consolidated In DC

By Jared Foretek

A group of putative class actions alleging a wide-ranging kickback scheme between three of the largest settlement administration companies in the country and banks that was designed to juice administration fees while diminishing class action payouts has been consolidated in D.C. federal court.

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Compliance Chiefs' Enforcement Risks Didn't Ease Up In 2025

By Sarah Jarvis

The landscape for chief compliance officers' liability might relax a bit in the coming years as experts anticipate the Trump administration will rely less on a "failure to supervise" theory of liability that financial regulators used to target one chief compliance officer this year.

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New NJ Rules Combat AI And Housing Discrimination

By Elaine Briseño

The use of artificial intelligence in hiring practices is among the areas targeted by a sweeping new mandate enacted by New Jersey's Division on Civil Rights meant to shore up protections against discrimination.

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NY Jury In FARA Trial Over China Ties Says It's Deadlocked

By Stewart Bishop

The Brooklyn federal jury weighing the fate of a former top New York gubernatorial aide accused of secretly acting as a foreign agent for China said Thursday that it cannot reach a unanimous verdict, after five days of deliberations.

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Car Dealer Credit Check Co. Sued Over Breach Affecting 5.8M

By Emilie Ruscoe

A company that handles credit inquiries for car dealerships is facing a proposed class action accusing it of negligence, following a cyberattack on its systems in October that compromised the personal information of more than 5.8 million people.

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Energy Transfer Wants Action On $345M Greenpeace Verdict

By Cara Salvatore

Energy Transfer begged a North Dakota state judge Thursday to enter final judgment on a $345 million defamation and property damage verdict over the Dakota Access pipeline protests, saying the case is "off the procedural map," and it heard from the judge an acknowledgment that it's taken over his professional life.

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Deals Rumor Mill

Apollo Could Fetch $12B For Atlas Air, And More Rumors

By Al Barbarino

The past week saw no lack of chatter about potential sales, backdoor discussions, fundraises, initial public offerings and activist investor power moves.

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2025 Brought A New Paradigm For Federal Banking Regulation

A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

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Del. Dispatch: Key 2025 Corporate Cases And Trends To Know

The Delaware corporate legal landscape saw notable changes in 2025, spurred by amendments to the Delaware General Corporation Law, ubiquitous artificial intelligence fervor, boardroom discussion around DExit, record shareholder activism activity and an arguably more expansive view of potential Caremark liability, say attorneys at Fried Frank.

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Series

Nature Photography Makes Me A Better Lawyer

Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

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$3.6B Hogan Lovells, Cadwalader Deal To Form Top 5 Firm

By Kevin Penton

Hogan Lovells and Cadwalader Wickersham & Taft are planning to combine, creating what the firms say will be the world's fifth-largest firm by revenue, they announced Thursday.

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Fake Quotes In Pa. Patent Case Lead To Judicial Rebuke

By James Boyle

Two Barley Snyder attorneys have been directed to explain to a Pennsylvania federal judge how nonexistent quotes from cited cases appeared in a July filing, according to a recently published order that also denied a holiday light clip manufacturer's request for a temporary restraining order preventing a rival company from selling a similar product.

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Calif. AG, Bar Officials Fight Bid To Stop ABS Fee-Sharing Ban

By James Mills

Both the California attorney general and the California State Bar are opposing a California attorney's attempt to block a new law preventing fee-sharing with out-of-state law firms owned by nonlawyers set to go into effect on Jan. 1.

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Boies Schiller Must Face Fla. Fee Suit, Court Told

By Lynn LaRowe

In pushing back on a bid to toss a Florida state court lawsuit against Boies Schiller Flexner LLP and related defendants, a pharmaceutical mass tort law firm and other parties said the lawsuit outlines a clear breach of a nondisclosure agreement and interference with existing business relationships, making the complaint legally sufficient under Sunshine State law.

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Dems Offer Bill To Shine Light On High Court 'Shadow Docket'

By Ryan Boysen

Democratic lawmakers have introduced a bill that would require the U.S. Supreme Court to explain its "shadow docket" rulings, criticizing the high court for issuing "harmful, backwards decisions" that "impact millions of Americans' lives" but are often unaccompanied by a formal opinion.

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DC Circ. Told Transferred Ethics Suit Bolsters Newman's Case

By Adam Lidgett

Suspended Federal Circuit Judge Pauline Newman is contending that a decision in which an ethics complaint against a Fourth Circuit judge was transferred out of his home court bolsters her argument that her fellow circuit judges shouldn't have investigated her fitness to remain on the bench.

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Senate Package Includes US Attorney, DC Judge Confirmations

By Courtney Bublé

The Senate confirmed 13 U.S. attorneys and three local judges for the District of Columbia as part of a nominations package confirmed 53-43 along party lines on Thursday.

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Chancery Sr. Magistrate Leaving Bench For Role As Neutral

By Rose Krebs

Delaware's Chancery Court will soon be losing its senior magistrate, as she is returning to private practice to serve as a professional neutral.

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