Trump Attacks America's Big Law: When the Shoe Is on the Other Foot, Leaders in the West Fall Silent
Ford Faces Another Suit Over Allegedly Defective 12-Volt Batteries
New York Court Frees Barclays From Two Investor Lawsuits Over $17.7 Billion Error
Investors had argued that the bank and its top brass should have known that it lacked the controls necessary to prevent the $17.7 billion sale, as that issue spun out of the bank's well-known loss of filing privileges with the U.S. Securities and Exchange Commission. But U.S. District Judge Lewis Liman was skeptical that executives who knew of the lost privileges would have known the bank lacked the controls to cope.
Litigation Boutiques Push Back Against Trump's Law Firm Memo
Big Law remains silent, but some at smaller firms are raising their voices. "I am concerned about a government where one person is an authoritarian figure and Congress is silent and the courts are marginalized or threatened with impeachment when they rule on the lawfulness of government action," said Keker Van Nest & Peters partner Elliot Peters.