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									September 18, 2025
									AMG Must Face $85M Fintech Collapse Suit, Customers SayAccount holders and customers of fintech platforms urged a Colorado federal judge Wednesday to reject AMG National Trust Bank's bid to exit litigation attempting to hold it liable for monetary losses related to the collapse of fintech middleman Synapse, arguing AMG's motion is based on faulty data from a consulting group. 
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									September 18, 2025
									Calif. Judge Pauses US Suit Over $380M PetroSaudi AwardA California federal judge has paused the U.S. government's lawsuit targeting a PetroSaudi unit's $380 million arbitral award over its purported connection to funds embezzled from Malaysia, saying uncertainty remains over related proceedings in the Cayman Islands and Barbados. 
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									September 18, 2025
									'Virtual CFO' To Internet Scammers Gets 4 YearsA Rhode Island man who copped to money laundering and obstructing justice in connection with claims his "virtual CFO" business helped internet fraudsters launder over $35 million was sentenced to four years behind bars, Boston prosecutors have announced. 
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									September 18, 2025
									Dems Demand DOJ Explain Binance Plea Deal ComplianceU.S. Sen. Elizabeth Warren and two of her Democratic colleagues have asked U.S. Attorney General Pam Bondi for information on Binance's compliance with its 2023 plea agreement stemming from anti-money laundering lapses, pointing to President Donald Trump's ties to the crypto exchange. 
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									September 18, 2025
									2nd Circ. To Weigh EFTA's Scope In NY's Citi Wire Fraud CaseThe Second Circuit has granted Citibank's request for an appeal in its fight with New York Attorney General Letitia James over the bank's response to incidents of online wire transfer fraud, agreeing to review whether key federal consumer protections for electronic payments apply to wire transfers initiated over the internet. 
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									September 18, 2025
									Wells Fargo To Pay $48.5M To End Senior Banker OT SuitA proposed class of Wells Fargo employees known as "senior premier bankers" asked a California federal judge to give the first OK to a $48.5 million settlement resolving claims that the bank wrongfully exempted thousands of such workers from receiving overtime pay. 
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									September 18, 2025
									Conn. Banking Chief Orders $4.9M Restitution In School FraudConnecticut's banking commissioner has ordered two companies connected to Putnam Science Academy, a private high school in northeastern Connecticut, and two of its leaders to repay investors more than $4.9 million for allegedly perpetrating an affinity fraud scheme. 
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									September 18, 2025
									Trading Adviser, Convicted Owner Hit With $2.8M CFTC FineA commodity trading adviser and pool operator who pled guilty in Florida federal court to orchestrating a novel cryptocurrency-related scheme to cheat investors has agreed to pay more than $2.8 million as part of a settlement with the Commodity Futures Trading Commission. 
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									September 18, 2025
									Senate Confirms Squires To Lead USPTOThe U.S. Senate on Thursday confirmed Dilworth Paxson LLP partner John Squires to serve as the next U.S. Patent and Trademark Office director. 
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									September 18, 2025
									Sports Group Brera Raises $300M To Launch Solana TreasuryIrish sports ownership holding company Brera Holdings, led by Lowenstein Sandler LLP, on Thursday announced that it plans to rebrand as a digital asset treasury company called Solmate following a $300 million private fundraise. 
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									September 18, 2025
									Dallas Fed Settles Former Employee's Race Bias CaseThe Federal Reserve Bank of Dallas resolved an Indian ex-employee's lawsuit alleging he was let go for complaining to management that he and other employees of color received unfair poor performance ratings from a white supervisor, according to a Thursday filing in Texas federal court. 
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									September 18, 2025
									Montreal-Based Corp. Atty Moves To Akerman's NY OfficeAkerman LLP has announced that a former Quebec-based partner at the Canadian business law firm Davies Ward Phillips & Vineberg LLP is returning to New York to join its corporate practice group. 
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									September 18, 2025
									PNC Accused Of Sharing Site Users' Private Info With LinkedInA proposed class action claims PNC Financial Services violated the privacy of visitors to its website by tracking their browsing and sharing that information with social network LinkedIn, according to a complaint filed in Pennsylvania state court. 
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									September 18, 2025
									5th Circ. Won't Rehear Crypto Exec's IRS Summons CaseThe Fifth Circuit stood by its decision not to quash an IRS summons for a cryptocurrency executive's bank records, rejecting his request to reconsider its finding that he must wait until the federal government decides whether to bring legal proceedings against him before challenging a lower court's ruling. 
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									September 18, 2025
									Trump Asks High Court To Let Him Remove Fed's CookPresident Donald Trump asked the U.S. Supreme Court on Thursday to allow him to move forward with firing Federal Reserve Gov. Lisa Cook, escalating a fight over presidential removal power that will test the boundaries of the central bank's traditional independence. 
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									September 18, 2025
									Bonds Valid Under Venezuelan Law, Judge Rules In $2B CaseA New York federal judge on Thursday denied a bid by Venezuela's state-owned oil company to refuse enforcement of some $2 billion in defaulted bonds, finding after an "exhaustive review of Venezuelan law" that the bonds were validly issued. 
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									September 17, 2025
									Litigation Spending To Keep Growing As Biz Risks Run HighCompanies are likely to increase their spending on litigation next year, some by over 10%, as legal disputes become more complex, more contentious and more high-stakes, according to a new report out Thursday. 
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									September 17, 2025
									Trump Could Swing Fed With This 1 Weird Trick: Ex-Fed Gov.A former top Federal Reserve official told Democratic lawmakers on Wednesday that if President Donald Trump succeeds in quickly ousting Fed Gov. Lisa Cook, it could unlock an obscure mechanism for his allies at the Fed to sway future interest-rate decisions. 
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									September 17, 2025
									Winston & Strawn Blamed For 'Anti-Woke' Fintech $1.7B CrashThe trustee of bankrupt "anti-woke" financial technology startup GloriFi on Wednesday launched malpractice litigation against Winston & Strawn LLP in Texas bankruptcy court, accusing the firm and one of its managing partners of putting the interests of the company's founder first and costing the business $1.7 billion in valuation. 
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									September 17, 2025
									PTAB Told Variations From Prior Rulings Require ExplanationThe U.S. Patent and Trademark Office has told Patent Trial and Appeal Board judges that they must now explain any decisions that have a different outcome from an earlier ruling on the same patent or similar patent claims, either by the patent office or in litigation. 
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									September 17, 2025
									Credit Investment Firm Sues UBS Over Naked Juice Loan DealA Connecticut branch of UBS faces a credit-investment firm's claims that UBS breached the terms of a loan participation agreement funding bottled juice company Naked Juice LLC after a restructuring of the agreement resulted in less favorable terms for the limited partnership. 
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									September 17, 2025
									Billionaire Vik Eyes $11.5M Fee After Beating Deutsche BankA lawyer for billionaire Alexander Vik told a Connecticut appeals panel Wednesday that a judge should have followed Turks and Caicos Islands law to award more than $11.5 million in attorney fees when he beat Deutsche Bank in a long-running lawsuit that sought to collect on a $243 million judgment over unpaid margin calls. 
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									September 17, 2025
									8th Circ. Backs Dismissal Of FDIC Fee Guidance ChallengeThe Eighth Circuit on Wednesday rejected a banking industry challenge to Biden-era Federal Deposit Insurance Corp. guidance that cautioned banks about charging recurring fees on declined transactions, ruling the matter not ripe for court review. 
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									September 17, 2025
									NC Loan Servicer Can't Escape Default Warning Letter SuitHousing loan servicer Selene Finance LP must face most of a putative class action accusing it of sending false and deceptive notices regarding loan defaults, with a North Carolina court finding that the plaintiffs have shown various elements of deception. 
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									September 17, 2025
									Ex-Im Bank Wants Suit Over $20B Mozambique LNG Project AxedThe Export-Import Bank of the United States is asking a D.C. federal judge to toss green groups' effort to block $4.7 billion in financing for a liquefied natural gas project in Mozambique led by TotalEnergies SE. 
Expert Analysis
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								8 Ways Lawyers Can Protect The Rule Of Law In Their Work  Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business. 
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								Series Law School's Missed Lessons: Communicating With Clients  Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law. 
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								Rocket Mortgage Appeal May Push Justices To Curb Classes  Should the U.S. Supreme Court agree to hear Alig v. Rocket Mortgage, the resulting decision could limit class sizes based on commonality under Rule 23 of the Federal Rules of Evidence as opposed to standing under Article III of the U.S. Constitution, say attorneys at Carr Maloney. 
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								How State AG Consumer Finance Enforcement Is Expanding  As the Consumer Financial Protection Bureau becomes less active, state attorneys general are increasingly shaping the enforcement landscape for consumer financial services — and several areas of focus have recently emerged, say attorneys at Morgan Lewis. 
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								Series Adapting To Private Practice: From US Rep. To Boutique Firm  My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan. 
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								2025's First Half Brings Regulatory Detours For Fintechs  The first half of the year has resulted in a bifurcated regulatory environment for fintechs, featuring narrowed enforcement in some areas, heightened scrutiny in others and a policy window that, with proper compliance, offers meaningful opportunities for innovation, say attorneys at Sheppard Mullin. 
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								Opinion Senate's 41% Litigation Finance Tax Would Hurt Legal System  The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law. 
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								Comparing Stablecoin Bills From UK, EU, US And Hong Kong  For multinational stablecoin issuers, navigating the differences and similarities among regimes in the U.K., EU, Hong Kong and U.S., which are currently unfolding in several key ways, is critical to achieving scalable, compliant operations, say attorneys at Morgan Lewis. 
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								Tips For Litigating Apex Doctrine Disputes Amid Controversy  Litigants once took for granted that deposition requests of high-ranking corporate officers required a greater showing of need than for lower-level witnesses, but the apex doctrine has proven controversial in recent years, and fights over such depositions will be won by creative lawyers adapting their arguments to this particular moment, say attorneys at Hangley Aronchick. 
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								Series Performing As A Clown Makes Me A Better Lawyer  To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott. 
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								A Guide To Permanent Capital Vehicles As Access Widens  Recent regulatory and legislative actions are making it easier for retail investors to access permanent capital vehicles like closed-end, interval, tender offer and open-end funds, which each offer distinct advantages that are important to review, say attorneys at Mayer Brown. 
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								Series Law School's Missed Lessons: Rejecting Biz Dev Myths  Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein. 
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								Shareholder Takeaways From NY Internal Affairs Doctrine Suit  A May New York Court of Appeals decision in Ezrasons v. Rudd involving Barclays — affirming the state's "firmly entrenched" internal affairs doctrine — is a win for all corporate stakeholders seeking stability in resolving disputes between shareholders and directors and officers, say attorneys at Sadis & Goldberg. 
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								Move Beyond Surface-Level Edits To Master Legal Writing  Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake. 
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								Best Practices For State Banks Eyeing Federal Conversions  Amid a notable uptick — fueled by ongoing regulatory upheaval — in state-chartered banks exploring conversion to national bank charters, banks contemplating the decision should weigh the benefits, like uniform supervision, and potential impediments, like costly exam fees, say attorneys at Skadden. 
