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California Judge Blisters CFPB, Rejects $235M Restitution Request
U.S. District Judge John F. Walter on Jan. 19 ruled the CFPB had failed to show that any restitution was appropriate. He ordered CashCall—represented by lawyers from Skadden, Arps, Slate, Meagher & Flom and Latham & Watkins—to pay a penalty of about $10.3 million, the statutory minimum.
4 In-House Counsel Who Fudged Their Credentials—With Disastrous Results
A Massachusetts man got in trouble this week for falsely claiming he was an in-house lawyer. He's not the first to fib about in-house credentials.
SEC Fires 'Shot Across the Bow' With Statement on Initial Coin Offerings
Jay Clayton, chairman of the SEC, continues to speak up about consumer protections around initial coin offerings.
Is Ephemeral Messaging an Evidence Foul? Not Necessarily
Uber is in the hot seat for its use of messaging apps such as Wickr with self-destruct features. But legal experts say evidence rules don't preclude such tools, and Wickr's CEO warns against "stigmatizing" information security.
Google Wins Round in California Gender-Pay Class Action
A judge in San Francisco dismissed a class action against Google alleging that the search giant placed women in lower-ranking jobs and paid them less than their male counterparts. But it's not the end of the suit.
New Paul Weiss Recruit Dials Up First Big Bankruptcy at New Firm
Paul Basta, who left Kirkland & Ellis this summer, is advising the second-largest radio station operator in the country in its Chapter 11 case.
On the Move: Tracking the Ins and Outs of California Lawyers
New hires, promotions, appointments and awards in-house, at firms and in government and academia.
Where Uber Went Wrong In Its Big Data Breach
Between a very long delay in breach notification and a reported payoff to hackers, troubled Uber isn't coming out of this situation looking too great.
GE's GC to Those Who Complain About Global Regs: 'Grow Up and Get It Done'
At a recent panel discussion in New York, Alex Dimitrief didn't take kindly to gripes about fragmentation in the global regulatory environment.
Percentage of New Women Partners Rising Slowly; Still Low Compared to Men
The number of women promoted to partner reached a six-year high in 2017, but women still only account for 38.1 percent of all new partners among top law firms, according to a new report.TRENDING STORIES
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