Mortgage servicer PHH Corp. on Tuesday agreed to pay nearly $75 million over claims that it originated mortgages backed by three different federal agencies that did not meet the requirements for federal guarantees.
The federal government closed its evidence Tuesday morning in its extortion trial against four Teamsters accused of strong-arming a “Top Chef” television crew into giving them unneeded truck-driving work, followed immediately by the Teamsters themselves.
The D.C. Circuit on Tuesday said the U.S. Environmental Protection Agency does not have authority under the Clean Air Act to force companies that use hydrofluorocarbons in products like spray cans, automobile air conditioners and refrigerators to swap the HFCs out for an EPA-approved alternative, handing a win to chemical companies that challenged a 2015 rule.
Citigroup Inc. struck a $130 million deal Monday in New York federal court with investors who bought the bank’s financial products tied to the London Interbank Offered Rate, making it the second bank to settle with the investors over allegations the benchmark rate was manipulated.
Endo International PLC on Monday said it has reached agreements to end “virtually all known” mesh product liability claims in the U.S. and that it expects to pay out $775 million to cover the costs of those as well as all known international claims.
The Federal Circuit on Monday upheld a Patent Trial and Appeal Board decision invalidating claims of a patent used to sue popular podcasters, who have mounted a public campaign against the patent owner, sealing a victory for the Electronic Frontier Foundation, which challenged the patent.
Hedge fund Aurelius Capital Management, a significant stakeholder in Puerto Rico's historic insolvency proceedings, asked the court overseeing the territory's restructuring on Monday to dismiss the ongoing bankruptcy-like case because, it alleges, the members of the federal board representing the commonwealth were unconstitutionally appointed.
Sedgwick LLP will close its Washington, D.C., office as a direct response to the news that two of the last remaining partners in the office are planning to leave the firm, Sedgwick's chairman told Law360 on Monday.
“Top Chef” host Padma Lakshmi testified in Boston federal court Monday that she was “terrified” and “petrified” after a Teamster reached into her van and suggested he was going to assault her during a confrontation that prosecutors say was criminal extortion.
The Seventh Circuit on Monday upheld the first-ever conviction for a market manipulation tactic known as "spoofing," ruling against a New Jersey futures trader and becoming the first federal appellate court to provide guidance on the crime.
The city of Chicago sued the Trump administration in Illinois federal court Monday over new conditions put on public safety grants meant to force so-called sanctuary cities to cooperate with federal immigration enforcement activity.
The Consumer Financial Protection Bureau may continue with its suit accusing Navient Corp. of misleading borrowers, a Pennsylvania federal judge ruled Friday, rejecting the nation’s largest student loan servicer’s contention the suit should be tossed because the CFPB itself is unconstitutional.
Former U.S. Rep. Chaka Fattah asked the Third Circuit on Friday to overturn his conviction for his role in a corruption scheme, saying the lower court prematurely dismissed a holdout juror and that the U.S. Supreme Court's ruling in McDonnell meant a contested jury instruction included an overly broad definition of “official acts.”
U.S. District Judge Douglas Woodlock, who is presiding over the trial of four Boston-area Teamsters accused of trying to strong-arm a “Top Chef” television crew into paying them for unneeded work, usually speaks so softly that spectators have to lurch forward on the courtroom benches to hear him.
The Third Circuit on Friday ordered a former public official convicted in the George Washington Bridge lane-closing scandal to appear before a district court and address any potential or actual conflict of interest with Jones Day attorneys representing her as appellate counsel in light of the firm's representation of the Port Authority of New York and New Jersey in related matters.
The D.C. Circuit in a split decision Friday struck down the National Labor Relations Board’s ruling that CNN America Inc. was a joint employer to union camera workers fired in 2003 and made to reapply for similar non-union jobs, but upheld findings the media giant violated labor law as the workers’ successor employer.
A Brooklyn federal jury on Friday convicted controversial former pharmaceutical executive Martin Shkreli on charges of defrauding investors in his ailing hedge funds and conspiring to drain drugmaker Retrophin's assets to pay off his debts.
General Motors LLC is recalling nearly 691,000 Chevrolet Silverado 1500 and GMC Sierra 1500 pickup trucks due to an electrical issue that can cause temporary loss of power steering during low-speed turns, increasing the risk of a crash, according to National Highway Traffic Safety Administration documents.
President Donald Trump named his latest round of 10 judicial nominees late Thursday, advancing BigLaw attorneys who range from firms like Nelson Mullins Riley & Scarborough LLP to Husch Blackwell LLP for spots on appellate and district courts across the country.
The D.C. Circuit on Friday ordered a new trial for a Blackwater guard convicted of murder over a 2007 shooting in Iraq, saying his original trial should have been carried out separately from his co-defendants, whose 30-year sentences for weapons charges related to manslaughter charges were also vacated as unconstitutionally excessive.
Scams resulting in access to confidential information are probably a lawyer’s greatest technology and cybersecurity risk. But hackers are more likely to gain access to a lawyer’s computer systems through human error, usually responding to a scam, than a brute force attack, says J. S. Christie Jr. of Bradley Arant Boult Cummings LLP.
Allowing attorneys to telecommute may seem like a great fix for law firms. But without significant changes to the firm's culture, telecommuting is just a patch applied to the problem of attrition, says Michael Moradzadeh, founding partner of Rimon PC.
A 1979 study of attorney-client interactions revealed startling information: Despite years of education and training to hone their legal expertise, attorneys were not acting as independent counselors but rather allowing their clients to control them. Our experience is that this trend has accelerated, say dispute resolution experts Robert Creo and Selina Shultz.
If Time Magazine is correct in that being a lawyer is one of the five worst high-paying jobs, it may be time for the legal profession to pull one from the playbook of musicians and professional athletes and seek to enter a state of “flow,” says Jennifer Gibbs of Zelle LLP.
Suffering from law firm ranking fatigue? Bewildered by the methodologies? If so, you're in good company. Alan Morrison, associate dean for public interest and public service law at George Washington University Law School, wonders just how far law firm ranking efforts may go.
Most people have never had an opportunity to personally take part in a legal case that directly challenges laws or policies they don’t agree with. Now that crowdfunding is available for legal cases, people can engage directly with legal change in the community and be a check on the powerful, says Julia Salasky, CEO of CrowdJustice.
Perhaps lost in the presidential post-election tumult was a report issued in late 2016 by an international body evaluating U.S. compliance with anti-money laundering and counter-terrorist financing standards. Considering repeated criticisms of the legal profession, the American Bar Association should seriously consider a new model legal ethics rule, says Kevin Shepherd of Venable LLP.
In the final segment of his series on lateral recruitment, Howard Flack, a partner of Volta Talent Strategies LLC and former leader of the lateral partner recruiting team at Hogan Lovells, shares a number of factors law firms should consider when measuring lateral hire success.
In the second installment of this series on lateral recruiting, Howard Flack of Volta Talent Strategies LLC challenges law firms to ask themselves whether business strategies are determining lateral hires — or vice versa.
The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.