News and Events for Attorneys and Executives

Tag: AdministrativeLaw

Trump Reportedly Floating 5 Different Names to Replace Attorney General Jeff Sessions

Trump Reportedly Floating 5 Different Names to Replace Attorney General Jeff Sessions

News
President Donald Trump believes Attorney General Jeff Sessions will likely leave his Cabinet at the end of the year, and so far has five potential replacements in mind who could take his place, reports Business Insider.

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Discrimination Defense Lawyer Confirmed for Trump Civil Rights Post

News
Bloomberg Law reports that the U.S. Senate has confirmed Eric Dreiband, a Jones Day attorney who defends companies accused of discrimination, to lead the Justice Department office that enforces anti-bias laws.

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HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

News
Housing Wire is reporting that HSBC will pay $765 million to the federal government as part of a settlement that covers the bank’s mortgage bond activities in the run-up to the housing crisis.

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What Tesla Really Needs, SEC Says, Is an ‘Experienced’ Lawyer

What Tesla Really Needs, SEC Says, Is an ‘Experienced’ Lawyer

News
Of the all fixes the SEC wants Tesla Inc. to make in the wake of Elon Musk’s now-infamous tweet, one stands out for its novelty: “An experienced securities lawyer.” reports Bloomberg Law.

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Morrison & Foerster Will Eat $16M in Fees, Costs Pursuing Vets’ Claims

News
Bloomberg Law reports that Morrison & Foerster LLP accepted a fee award from the U.S. Army that’s $16 million less than the fee the firm could have sought.

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Elon Musk’s SEC Settlement Could Have Gone So Much Worse

Elon Musk’s SEC Settlement Could Have Gone So Much Worse

News
The SEC’s initial suit sought to bar the CEO from becoming an officer or director for any public company, perhaps for life, according to Wired.

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North Carolina Bar Accuses Florida Lawyer of Stealing From 2 Death Row Exonerees

News
Orlando lawyer Patrick Megaro took excessive fees when he pocketed a third of the awards despite having done virtually no work on their exonerations or compensation cases, the state bar alleges.

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Inside the Private Justice Department Meeting That Could Lead to New Investigations of Tech Giants

News
Participants voiced lingering frustrations that these companies are too big, fail to safeguard users’ private data and don’t cooperate with legal demands.

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Three Charged in $364M Scheme That Paid for Splurges on Diamonds, Bugattis and Mansions

News
A federal grand jury has indicted three men for what officials describe as a $364 million Ponzi scheme to defraud investors, reports The Dallas Morning News.

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Citigroup Pays $12 Million to Settle Dark Pool Probe

Citigroup Pays $12 Million to Settle Dark Pool Probe

News
The bank will pay a penalty of $6.5 million and disgorgement and prejudgment interest totaling $5.4 million, while its affiliate, Citi Order Routing and Execution, will pay a penalty of $1 million.

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Former FDA Chief Counsel Rejoins Sidley as Practice Leader in Washington, D.C.

News
Rebecca “Becky” Wood, former chief counsel to the Food and Drug Administration, has rejoined Sidley Austin LLP as a partner.

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Former Dewey Chairman Reaches Agreement With SEC to Pay Six-Figure Civil Penalty

News
The SEC alleged that some executives of Dewey & LeBoeuf, which closed in 2012, misled lenders and bond buyers about the firm’s financial condition.

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EPA Proposes Affordable Clean Energy Rule to Replace Clean Power Plan

Insight
The current Administration does not believe it has authority under Section 111 of the Clean Air Act to require regulated entities to take actions “outside the fenceline,” according to Beveridge & Diamond.

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Judge Guts FTC’s $4-Billion Lawsuit Against DirecTV

News
The judge said there remain a number of problems with the FTC’s theories for relief and that the FTC “has an uphill climb.”

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Special Receiver Appointed in Federal Lawsuit Against Wells Fargo in Texas Case

News
The SEC alleges defendants were operating a Ponzi scheme, with limited returns paid to investors from monies raised from other investors.

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Department of Energy Streamlines Small-Scale LNG Export Authorizations

Insight
The Department of Energy has announced a final rule that will expedite the approval process for small-scale exports of natural gas, reports Cadwalader.

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DOJ Says Ruling on AT&T-Time Warner Ignored ‘Economics and Common Sense’

News
In its filing, the DOJ called the district court’s decision a “deeply flawed assessment of the government’s evidence.”

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Hall Estill Represents OIEC in Historic Rate Reduction for OG&E Customers

News
Hall Estill represented Oklahoma Industrial Energy Consumers, an association of large power users in Oklahoma, as an intervenor in Oklahoma Gas and Electric Co.’s application for Corporation Commission approval of a rate hike.

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Former Energy XXI CEO Agrees to Settle SEC Charges

News
The SEC alleged John D. Schiller Jr. maintained an extravagant lifestyle using a leveraged margin account secured by his shares in the oil and gas producer.

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Steptoe Adds Hill Veteran George Callas to Government Affairs and Tax Practices

News
George Callas, who served as senior tax counsel to Speaker of the House Paul Ryan and was one of the chief architects of the Tax Cuts and Jobs Act, has joined Steptoe & Johnson LLP’s Government Affairs & Public Policy and Tax Groups

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