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SEC Whistleblower, Rejecting Award, Cites Revolving Door for Lax Enforcement
Former Deutsche Bank risk officer Eric Ben-Artzi grabbed headlines this year when he said he was rejecting a multimillion-dollar SEC whistleblower award. In refusing any compensation, Ben-Artzi put a spotlight on the revolving door at the agency: "So why did the SEC not go after Deutsche's executives? The most obvious concern is that Deutsche's top lawyers 'revolved' in and out of the SEC before, during and after the illegal activity at the bank," he said. Last week, U.S. Sen. Elizabeth Warren, D-Massachusetts, long a critic of SEC Chair Mary Jo White's leadership, raised new concerns in a letter to President Obama.
Trump's Tax Returns—From Russia With Love?
Everyone assumed that Trump refused to release his tax returns because he paid little or no federal income tax. That could be the best-case scenario, writes columnist Steven Harper.
The Asian Lawyer Announces Finalists for Emerging Markets Awards 2016
Baker & McKenzie and Herbert Smith Freehills are among the firms receiving most nominations. Winners will be announced on Thursday, November 24, 2016, at the Four Seasons Hotel in Singapore.
Miami Attorney Guides Three Acquisitions Plus Two Loans
In a complex series of transactions, attorney Daniel Novela helps arrange the purchases of three kitchenware companies and loans for the acquisitions and refinancing.
'First Monday' Fundraiser Held Tonight at NYU Law
The Office of the Appellate Defender will present Lewis Liman, a partner at Cleary Gottlieb, and David Zornow, a partner at Skadden, with the Gould Award for legal advocacy. They will argue 'Apple, Inc. v. FBI', a hypothetical case that confronts the tension between individual privacy and the needs of law enforcement in a digital age.
Caesars Deal Means End of Fee Frenzy for Bankruptcy Lawyers
A $5 billion agreement resolves billions of dollars in potential damage claims by disgruntled creditors, and brings the bankruptcy, which has spun off as much as $200 million in legal fees to a group of firms, a giant step closer to an end.
Appellate Defender Office to Hold 'First Monday' Event
The Office of the Appellate Defender will host its 23rd annual "First Monday in October" fundraiser on Oct. 5—a Wednesday. The timing was altered this year to avoid conflicting with Rosh Hashana.
Litigators of the Week: The Team Who Made the Feds Sing
Two lawyers from Milbank, Tweed, Hadley & McCloy won a ruling striking down a Department of Justice directive on music licensing that could have thrown the recording industry in turmoil.
Litchfield Cavo Opens Atlanta Office; and Other 'On the Move' News
Litchfield Cavo, a Chicago-based insurance defense firm, has opened an Atlanta office with partners Jay Barber from Taylor English Duma and Kindu Walker from The Finley Firm.
Milbank Finalizes Agreement for Relocation to Hudson Yards
Milbank, Tweed, Hadley & McCloy, which has been downtown since its founding 150 years ago, has made official its move to the development site on Manhattan's West Side. Like other law firms anticipating a large office relocation, Milbank raised partner capital contributions to help finance the move.TRENDING STORIES
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