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August 11, 2020 | Daily Business Review

'We Know What They Did': Wells Fargo Accused of Quietly Changing Mortgage Maturity Dates Nationwide

Florida plaintiff attorneys call this putative class action lawsuit the latest example of bad actors in large banks trying to take advantage of unsophisticated borrowers.
4 minute read
June 23, 2020 | The American Lawyer

Firms Avoid Dire Outcomes Amid COVID-19 Pandemic, Survey Shows

Thanks to a strong first quarter, demand through the first five months of 2020 is only down 1.4%. But May told a different story than the months before it.
4 minute read
March 30, 2020 | Daily Business Review

Wells Fargo Can Proceed With This Florida Foreclosure, But Will It Stop Amid Pandemic?

The decision comes as Wells Fargo has separately advised the public that it would pause foreclosures amid the coronavirus pandemic.
4 minute read
March 06, 2020 | Corporate Counsel

New Report Rips Wells Fargo Board, Execs for Risk and Compliance Failures

Among others, the report criticizes soon-to-depart general counsel Allen Parker, mostly for his lack of progress while serving as interim CEO, and former chief risk officer Michael Loughlin, who oversaw the compliance department.
4 minute read
February 26, 2020 | New York Law Journal

Seventh Circuit Holds Interim DIP Financing Order Is Enforceable and Prior to Reclamation Claims Under §546(c)

In her Distress Mergers and Acquisitions column, Corinne Ball discusses a recent decision in which the U.S. Court of Appeals for the Seventh Circuit held that the lien of a debtor-in-possession lender in a Chapter 11 proceeding has priority over valid reclamation claims held by a trade supplier.
11 minute read
February 25, 2020 | The American Lawyer

Beating the Pack on Client Demand, Mayer Brown Boosts Revenue, Profits

The firm plans to emphasize U.S. growth in coming years, especially in California and New York.
4 minute read
February 21, 2020 | The American Lawyer

Smaller Cities Play Catch-Up With Chicago in Hot Midwest Market

A relatively rosy 2019 for law firms wasn't confined to the country's big money centers.
4 minute read
February 21, 2020 | National Law Journal

Former Morgan Stanley Lawyer's Retaliation Complaint Is Dismissed

The ruling against Christopher Garvey, formerly among Morgan Stanley's top lawyers in Hong Kong, was the latest decision exploring the contours of anti-retaliation provisions of the Sarbanes-Oxley Act of 2002.
6 minute read
February 18, 2020 | New York Law Journal

Realty Law Digest

In his Realty Law Digest, Scott E. Mollen discusses "Karpen v. Castro," "Wells Fargo Bank NA v. Ogando," and "Wilmington Sav. Fund Soc'y v. Heampstead Prop. Ventures II LLC."
14 minute read
February 12, 2020 | Law.com

Critical Mass: Facebook Faces Questions About $550M 'Tag Suggestions' Settlement. Find Out Where the Next Opioid Trials Could Be.

A federal judge overseeing a biometrics class action against Facebook has a lot of questions about its proposed settlement.
5 minute read

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