By Amanda Bronstad | April 6, 2017
A ruling Thursday from the California Supreme Court means an arbitration exemption that's unpopular with corporate defendants will live another day.
1 minute read
By Stephanie Forshee | April 6, 2017
“Not all lawyers were familiar with, or interested in, the intersection of technology and the rules and regulations that govern us as an investment adviser and broker-dealer,” says one GC.
1 minute read
By Stephanie Forshee | April 5, 2017
Some fintech startups are innovating so quickly that it's hard for outside counsel to keep up. Ben Alden, general counsel for personal finance startup Betterment in New York, has hired many firms that he ultimately parted ways with before finding the right outside counsel who understood the company, which offers automated investing, or "robo-advising."
1 minute read
By C. Ryan Barber | April 5, 2017
Republicans on Wednesday seized on their first chance chance to confront CFPB Director Richard Cordray since the November election, stepping up their calls for the director to be fired or to step down willingly—perhaps to pursue his rumored interest in the Ohio governor's race. Cordray's appearance on Capitol Hill was also the first since an appeals court, ruling for the mortgage lender PHH Corp., said the CFPB's single-director scheme is unconstitutionally structured.
1 minute read
By Sue Reisinger | April 5, 2017
Kara Brockmeyer, chief of enforcement for the Foreign Corrupt Practices Act and 17-year-veteran at the SEC, is leaving the agency at a time when the new administration is looking at how it might change enforcement of bribery laws.
1 minute read
By Lizzy McLellan | April 5, 2017
In response to a former associate's lawsuit over bonuses, Obermayer Rebmann Maxwell & Hippel is countering that its associate bonuses are discretionary, and the credits it uses to calculate bonuses don't amount to "tangible" property.
1 minute read
By Andrew Denney | April 5, 2017
In deciding whether corporations can be held liable for human rights abuses abroad under the Alien Tort Statute in 'Jesner v. Arab Bank,' the U.S. Supreme Court will likely need to take another look at its narrow decision in 'Kiobel v. Royal Dutch Petroleum' and decide whether it's time to expand on it.
1 minute read
By Monika Gonzalez Mesa | April 5, 2017
In one of the deals, the firm advised two Chilean companies. In the other, it advised the Mexican government.
1 minute read
By Sue Reisinger | April 4, 2017
Wells Fargo plans to appeal a federal regulator's order to pay a large award to a fired manager at a Los Angeles bank branch and reinstate him. The filing of the complaint with the Occupational Safety and Health Administration was unusual, experts said.
1 minute read
By Samantha Joseph | April 4, 2017
A loophole on the Sunbiz website is allowing scammers to steal corporate identities for real estate fraud.
1 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
