Consumer financial agency files first civil enforcement action in court
The Consumer Financial Protection Bureau has filed its first ever civil enforcement action in federal court, charging a Los Angeles law firm of duping distressed homeowners into paying high upfront fees with false promises of a loan modification. The complaint, which was filed July 18 and unsealed July 23 in U.S. District Court for the [...]
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Appeals court judges’ confirmations delayed
The Senate effectively shut down the process for confirming new federal appeals court judges on Monday, at least until after the election. Republicans blocked the confirmation of Robert Bacharach for a spot on the U.S. Court of Appeals for the Tenth Circuit. Bacharach, a magistrate judge in the Western District of Oklahoma, was not controversial [...]
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Let the competitive bidding for outside counsel begin
Font Size: In House By Julie McMahonContactAll Articles Corporate Counsel August 1, 2012 <!– –> In 2008, GlaxoSmithKline’s then-head of litigation Bob Harchut was appointed “SPOC of the GELRT.” No, GSK wasn’t sending its associate general counsel into outer space, but he was exploring a new frontier for legal departments: competitive bidding. This article requires [...]
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The GC as ‘chief crisis manager’ in the wake of tragic events
Font Size: In House By James F. Haggerty, Special to the Daily ReportAll Articles Corporate Counsel August 1, 2012 <!– –> It is a topic few CEOs or general counsel want to think about, never mind discuss out loud. Indeed, in the immediate wake of the senseless tragedy at a screening of The Dark Knight [...]
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How Wall Street lawyer turned insider trader
Matthew Kluger worked for several big law firms and learned about pending mergers. He and a friend alerted a day trader who bought shares of the companies. After the deals went public, they split the profits. Andrew Harrer, Bloomberg Every dawn in the early spring of 2011, Matthew Kluger peered out his window, wondering when [...]
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Jack Daniel’s acts smoothly on violations
A weathered black square adorned with white filigrees and embellished in curvy familiar type, giving off a whiff of aged alcohol and good old-fashioned southern appeal. Sounds just like a bottle of Jack Daniel’s or maybe the cover of a top-selling novel at Amazon.com? When Louisville, Ky., resident Patrick Wensink released his third novel, [...]
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Banking lawyer joins Jones Day from Hunton for its ‘deep bench’
Bruce Moorhead will work out of Jones Day’s offices in New York and Atlanta. Banking lawyer Bruce Moorhead Jr. has left Hunton Williams for a partnership at Jones Day. He said he made the move after nine years as a partner at Hunton Williams for the opportunity to work with a global firm with an [...]
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High court rebuffs insurers
Font Size: News By Alyson M. PalmerContactAll Articles Daily Report August 1, 2012 <!– –> Insurance companies and those who represent them say a recent 4-3 ruling presents insurers with difficult choices. This article requires premium access This article requires premium access to Daily Report. Please sign in or subscribe to read the full text. [...]
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Police seek help in SE Atlanta murder
Print E-mail By Marcus K. Garner The Atlanta Journal-Constitution Atlanta police are asking for the public’s help in solving a murder. On Thursday, police found a man shot to death on a sidewalk in the 700 block of Hill Street in southeast Atlanta. David McReynolds, 54, was pronounced dead on the scene. Residents in the [...]
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Ex-Delta ramp agent admits drug scheme
Print E-mail By David Ibata The Atlanta Journal-Constitution A former ramp agent for Delta Airlines admitted Tuesday that he tried to bring more than $614,000 in illegal drugs into Atlanta from a flight from Mexico City, federal prosecutors said. Luis Marroquin pleaded guilty in U.S. District Court, Atlanta, to conspiracy to possess with intent to [...]
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