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Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.
President Donald Trump on Friday said that Wells Fargo & Co. would face tougher penalties even as the administration rolls back bank regulations amid reports that a penalty against the bank would be reviewed and potentially lowered.
A former Obama administration official responsible for financial security told a Manhattan jury Friday that Mehmet Hakan Atilla, a Turkish banker facing charges of helping Iran evade U.S. sanctions, attended many meetings where growing concerns in Washington over his bank's work with Tehran were aired.
Following his approval of the banks’ combined $148 million settlement, a New York federal judge on Thursday granted $34.88 million in attorneys’ fees to counsel for two investor classes alleging JPMorgan and Deutsche Bank rigged the London Interbank Offered Rate.
Prosecutors seeking to convict two former Deutsche Bank traders on Libor rigging charges told a New York federal court Thursday that the case doesn't rely on proving the pair meant to deceive the U.K. banking organization that actually set the global lending benchmark.
The Federal Circuit on Friday refused to overturn a lower court’s ruling that found Google, Yahoo, HSBC and a laundry list of more than 50 companies did not infringe on fax-to-internet patents with email-based messaging systems and ordered the patent owners to pay attorneys’ fees to the companies for their “lack of candor and transparency” in the proceedings.
The U.S. Department of Justice told the U.S. Supreme Court on Thursday that it should vacate and remand the Second Circuit’s ruling that the use of increased fees to fund rewards for cardholders justifies American Express' anti-steering provisions imposed on merchants, claiming the ruling overlooked the central concern of antitrust laws: the preservation of competitive prices.
BNY Mellon Trust sued Yahoo Inc. successor Altaba Inc. for a 15 percent rise in shares due under a $1.4 billion notes-to-shares conversion agreement in Delaware’s Chancery Court on Friday, saying Yahoo’s sale to Verizon Inc. in June triggered the increase.
The last week has seen a group of shipping companies sue Oman Insurance Co. PSC, RBC Trustees lodge a claim against UBS Employee Benefits Trust, and offshore law firm Appleby bring a confidential information suit against BBC and the Guardian. Here, Law360 looks at those and other new claims in the U.K.
Shares of Denali Therapeutics Inc. soared Friday after the company raised $250 million in an upsized initial public offering that amounted to the largest biotechnology IPO of 2017, leading one of three newly public companies that raised $506 million combined.
This year has seen significant developments in the field of class action litigation. The impact of the U.S. Supreme Court’s Spokeo decision continued to work its way through the courts, the appeals courts have made strides on issues like ascertainability and standing to pursue injunctive relief, and Congress is considering legislation that would alter the class action landscape, say attorneys with Akin Gump Strauss Hauer & Feld LLP.
Much has been written about the 2012 "Resource Guide to the U.S. Foreign Corrupt Practices Act," but no one has talked about the behind-the-scenes work that produced the guide — until now, say Charles Duross, former chief of the FCPA Unit at the U.S. Department of Justice, and Kara Novaco Brockmeyer, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission.
After reports surfaced claiming Ninth Circuit Judge Alex Kozinski had showed female clerks pornography and engaged in other misconduct, the high-profile jurist told Law360 on Friday it was “regrettable” if he had offended any of his staffers.
The Florida Supreme Court on Thursday paused lower court proceedings in a suit seeking to get a judge disqualified for being Facebook friends with opposing counsel, indicating the court might take up the case.
U.S. legal services jobs climbed by 600 jobs in November, marking four consecutive months of job growth and the second-highest total for the sector so far in 2017, the Bureau of Labor Statistics said Friday in its latest jobs report.
On the latest episode of Law360's Pro Say podcast, the team discusses Justice Kennedy's swing vote in a case pitting religious freedom and free speech against gay rights, a bizarre trial over a scheme to skirt sanctions on Iran, and Katy Perry's win in a suit over her purchase of a convent.
Legislators introduced a bill to prevent businesses from enforcing mandatory arbitration agreements in instances where employees allege workplace sexual harassment, and a credit union sued President Donald Trump to block Mick Mulvaney from leading the Consumer Financial Protection Bureau. These are some of the top stories in corporate legal news you may have missed this past week.
For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.