ABA Journal

Banking Law

1266 ABA Journal Banking Law articles.

Afternoon Briefs: NRA files for bankruptcy; Boies Schiller partner is detained

NRA files for bankruptcy, plans Texas move

The National Rifle Association announced Friday that it is filing for bankruptcy, leaving New York and moving to Texas to reincorporate there as…

Supreme Court will consider Goldman Sachs case that could limit shareholder suits

The U.S. Supreme Court on Friday accepted a case that could limit securities class actions against companies that make generic statements about integrity before a drop in stock prices.

Afternoon Briefs: Top state court rejects election appeal; judge allows lawyer’s bias suit against bank

Wisconsin turns down direct appeal in election lawsuit

The Wisconsin Supreme Court ruled Thursday that the Trump campaign could not challenge election results in that court without first taking the…

Afternoon Briefs: Another Trump campaign loss in court; donor sues to get back $2.5M

Top Pennsylvania court tosses challenge to mail-in ballot law

Republican plaintiffs waited too long to file a lawsuit challenging a 2019 Pennsylvania law that allowed no-excuse mail-in voting, the Pennsylvania…

Former Goldman Sachs lawyer says she was fired after trying to speak up about sexual misconduct

A former associate general counsel at Goldman Sachs has filed a lawsuit alleging that she was fired after trying to speak up about sexual misconduct by a company lawyer and then complaining when he retaliated against her.

Wells Fargo alleges ‘gamesmanship’ by lawyer who sued after manager reportedly called him N-word

A lawyer who sued Wells Fargo after a branch manager allegedly called him the N-word is engaging in “obvious gamesmanship” by trying to characterize an isolated incident as racial discrimination by the corporate entity, according to a Wells Fargo court filing.

Afternoon Briefs: Prosecutor who filed OSHA complaint dies from COVID-19; Wells Fargo faces new class action

Prosecutor who filed OSHA complaint dies from COVID-19

A prosecutor in Pennsylvania who filed a complaint with the Occupational Safety and Health Administration after becoming ill with COVID-19 has…

Afternoon Briefs: Progressive groups mull judicial possibilities; 2 law deans each donate $125K to help law students

Progressive groups mull judicial recommendations

Progressive groups are considering lawyers they would like to see named to the federal bench if presumptive 2020 Democratic nominee and former Vice President Joe…

In expansion push, Dentons announces combination with law firm of nearly 100 lawyers

In its push to become the first truly national U.S. law firm, 10,000-plus lawyer firm Dentons has announced that it is combining with Utah firm Durham Jones & Pinegar.

Afternoon Briefs: BigLaw firm eases pay cuts; virtual law firm expands into US

Katten Muchin partly restores pay

Katten Muchin Rosenman has trimmed pay cuts announced in April. The firm had cut pay by up to 20% for lawyers and business professionals…

Lawyer suspended after paying clients from own funds for phony case outcomes

A lawyer has been suspended after falsely telling four clients that he had resolved their cases and then paying them amounts ranging from $10,000 to $424,000 from his personal funds.

Afternoon Briefs: District attorney hints of broader Trump probe; ex-ABA president is new dean

DA may be investigating Trump for possible bank fraud

A legal filing suggests that President Donald Trump and his company could be under investigation for possible bank and insurance fraud.…

Supreme Court rules Trump isn’t automatically immune from criminal subpoenas

The U.S. Supreme Court ruled Thursday that President Donald Trump is not automatically and absolutely immune from state criminal subpoenas in a case seeking his financial records.

Top law firms fared surprisingly well during COVID-19 pandemic, survey says

Updated: The legal industry has fared surprising well during the COVID-19 pandemic, according to a survey of mostly larger law firms by Wells Fargo Private Bank's legal specialty group.

Supreme Court arguments on Trump financial subpoenas suggest differing outcomes in the cases

The U.S. Supreme Court could split in its decisions in President Donald Trump’s fight against subpoenas for his tax and financial records, remote oral arguments indicated Tuesday.

Read more ...