Unclaimed MoneyGram checks are subject of Jackson’s first SCOTUS opinion in argued case

Updated: U.S. Supreme Court Justice Ketanji Brown Jackson issued her first opinion in an argued case Tuesday in a dispute over the right to proceeds from unclaimed MoneyGram financial products.

Feb 28, 2023 10:36 AM CST

Supreme Court accepts challenge to funding of consumer bureau that could put 12 years of CFPB actions at risk

Feb 27, 2023 10:37 AM CST

Woman whose husband failed to disclose home defects can’t discharge buyer’s award in bankruptcy, SCOTUS rules

A debtor jointly on the hook for a court judgment stemming from her husband’s failure to disclose defects in their renovated home can’t discharge that debt in bankruptcy, the U.S. Supreme Court ruled Wednesday.

Feb 22, 2023 11:06 AM CST

Lawyer moved into Wynn Las Vegas, spent over $10M in ‘massive fraud,’ suit alleges

A lender based in the British Virgin Islands has accused a California lawyer of spending and gambling away more than $10 million that was supposed to be used by her lending company to make third-party loans.

Feb 15, 2023 8:42 AM CST

3rd Circuit tosses talc defendant’s ‘Texas two-step’ bankruptcy

A federal appeals court has dismissed a petition for Chapter 11 bankruptcy filed by a new unit of Johnson & Johnson that was formed to assume liabilities in litigation over talc contained in its baby powder.

Jan 31, 2023 10:09 AM CST

$2.1M IRS civil penalty for unreported Swiss bank account merits SCOTUS review, Gorsuch argues

Justice Neil Gorsuch argued Monday that the U.S. Supreme Court should have agreed to hear the case of a woman who argued that the Internal Revenue Service violated the excessive fines clause when it required her to pay a $2.1 million civil penalty for failing to report a Swiss bank account.

Jan 24, 2023 10:04 AM CST

Judge won’t sanction Texas lawyer for missteps after mistaken disclosure of info about Sandy Hook families

Updated: A Connecticut judge has declined to sanction a Texas lawyer representing Infowars host Alex Jones for failing to take proper action after his paralegal mistakenly released confidential documents to the opposing counsel.

Jan 19, 2023 9:41 AM CST

Bankruptcy judge suspends lawyer for ‘bizarre gamesmanship,’ urging clients to infect trustee with ‘nasty disease’

A bankruptcy judge in Colorado has suspended a Denver lawyer from practicing before the court for three years as a sanction for “egregious lawyer misconduct” that included asking his clients to infect the trustee with COVID-19 or another “nasty disease.”

Jan 12, 2023 12:38 PM CST

Lawyer who missed deadline after spending 25 minutes trying to file ECF document gets no mercy from 10th Circuit

A lawyer has failed to persuade a federal appeals court that his missed deadline should be excused because of his difficulty filing a complaint with an electronic case filing system.

Dec 21, 2022 12:30 PM CST

Sullivan & Cromwell pressured me to file for FTX bankruptcy, crypto exchange’s founder says

Indicted cryptocurrency exchange FTX founder Samuel Bankman-Fried is accusing Sullivan & Cromwell of pressuring him to seek bankruptcy protection for his company and filing documents nominating a new CEO after he tried to withdraw permission.

Dec 15, 2022 1:01 PM CST

Judge orders Trump to appoint independent monitor in New York attorney general’s $250M fraud case

The Trump Organization was ordered by a New York judge to appoint an independent monitor, a win for the New York attorney general in her $250 million fraud lawsuit against former President Donald Trump, his companies and his officers.

Nov 7, 2022 8:58 AM CST

Lawyer is acquitted on tax and wire-fraud charges for wiring $6.5M in client funds to Swiss bank account

Federal jurors acquitted an Oakland County, Michigan, lawyer Tuesday who had been accused of wiring $6.5 million in client money to his Swiss bank account. Jurors acquitted tax lawyer Jeffrey Freeman of Birmingham, Michigan, on charges of tax evasion and wire fraud.

Oct 26, 2022 1:53 PM CDT

Barrett denies emergency request to halt student-loan forgiveness program; federal judge tosses different suit

Court challenges to President Joe Biden’s student-debt relief program encountered two roadblocks Thursday.

Oct 21, 2022 9:53 AM CDT

Funding structure for consumer agency violates separation of powers, 5th Circuit says

A federal appeals court has ruled that the funding structure for the Consumer Financial Protection Bureau is unconstitutional because it is funded by the Federal Reserve System, rather than Congress.

Oct 21, 2022 8:59 AM CDT

Ex-lawyer who argued football head injuries made him unable to form fraud intent loses in 6th Circuit

A federal appeals court has affirmed the conviction of a disbarred lawyer who argued that football head injuries made him unable to form an intent to defraud his bank.

Oct 20, 2022 1:14 PM CDT