TikTok Taps Covington, Mayer Brown in Fight for US Survival
TikTok is turning to Covington & Burling and Mayer Brown to fight a law requiring its Chinese parent to sell its stake in the company in order for the social media app to continue operating in the US.
Kirkland Cleared to Represent Invitae After Conflict Objections
Kirkland & Ellis LLP secured approval to represent Invitae Corp. in bankruptcy after a judge overruled objections from the Justice Department and junior creditors claiming the firm has a conflict of interest.
UK Judge Rules Funder Is Likely Owned by Sanctioned Russians
A UK judge has ruled that there is reasonable cause to suspect that Russian litigation funder A1 is owned or controlled by people sanctioned in the United Kingdom.
Cahill Picks Up Former Barclays Director in Bankruptcy Build Out
Cahill Gordon & Reindel is building out its bankruptcy practice with the addition of longtime Barclays lawyer Amit Trehan.
Dinsmore Eyes Texas Expansion, Citing Florida Growth as Guide
Ohio-founded law firm Dinsmore & Shohl is seeking to expand its Texas footprint months after opening an office in Houston.
PRACTITIONER INSIGHTS
View More InsightsLatest Stories
Law Firm Sues Las Vegas Rival Over Use of ‘Paradise Law’ Mark
Nevada-based Paradise Law Firm is suing competitor Paradise Law Group, also Nevada-based, for trademark infringement, saying the similar names have caused actual confusion.
Polo-Playing Trader, 9/11 Judge Among Archegos Trial Key Figures
The dramatic 2021 collapse of <-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"0000018f-54e9-d4b6-a98f-f5fde6b10002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management-bsp-bb-link> will be revisited in a criminal trial over the next two months, as prosecutors aim to convict founder <-bsp-bb-link state="{"bbHref":"bbg://people/profile/2194289","_id":"0000018f-54e9-d4b6-a98f-f5fde6b10003","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bill Hwang-bsp-bb-link> for market manipulation, racketeering and fraud.
Holland & Knight Names Executive Partner of Charlotte Office
Rick Bange has been named executive partner of Holland & Knight’s Charlotte, N.C., office, the firm said Tuesday.
Husch Blackwell Adds Partner Kyle Russell in Kansas City Office
Kyle Russell has joined Husch Blackwell as a partner in the labor and employment and higher education practices in Kansas City, Mo., the firm said Tuesday.
Kirkland Cleared to Represent Invitae After Conflict Objections
Kirkland & Ellis LLP secured approval to represent Invitae Corp. in bankruptcy after a judge overruled objections from the Justice Department and junior creditors claiming the firm has a conflict of interest.
Lathrop GPM Adds Chicago Tort, Insurance, Environmental Partner
Brent Vincent has joined Lathrop GPM as a partner in the tort, insurance, and environmental practice group in Chicago, the firm said Tuesday.
US Backs Colorado Lawsuit to Block Kroger, Albertsons Deal
The US <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018f-5409-d4b6-a98f-f53d9b720000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Justice Department-bsp-bb-link> backed Colorado’s bid to block the merger between supermarket giants
TikTok Taps Covington, Mayer Brown in Fight for US Survival
TikTok is turning to Covington & Burling and Mayer Brown to fight a law requiring its Chinese parent to sell its stake in the company in order for the social media app to continue operating in the US.
Gordon Rees Scully Mansukhani Adds IP Partner in South Dakota
Sarah Collins has joined Gordon Rees Scully Mansukhani as a partner in Rapid City, S.D., the firm said Tuesday.
Big Law's Big Paychecks: Partner Compensation, Explained
Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.
Columns + Commentary
- Roy Strom Big Law Business
Kirkland Leaves Rivals in Dust in Big Law’s Great Growth Race
- David Lat Exclusive Jurisdiction
Time to Move Past the Term ‘Nonlawyer’ as Legal Industry Evolves
- Rob Chesnut Good Counsel
Spying Cars Latest Case of Companies Squandering Customer Trust
- Brittany Johnson Stated Differently
I’m Glad I Didn’t Listen to the Warnings Before I Moved In-House
From Across Bloomberg Law
- Crypto News
- Environmental, Social & Governance (ESG)
- Privacy & Data Security Law News
- The United States Law Week
FTX Has Billions More Than Needed to Pay Bankruptcy Victims (1)
Cryptocurrency exchange <-bsp-bb-link state="{"bbHref":"bbg://securities/1738202D%20US%20Equity","_id":"0000018f-5557-d4b6-a98f-f577c5420000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX-bsp-bb-link> has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy.
Crypto Tax Regulations Not Coming Soon, IRS Tells Sixth Circuit
An IRS attorney couldn’t answer the Sixth Circuit’s question during oral arguments Tuesday on when it will issue regulations at the heart of a lawsuit challenging reporting requirements affecting large cryptocurrency transactions.
EU Mulls Letting Mutual Funds Hold Cat Bonds, Crypto Assets
The <-bsp-bb-link state="{"bbHref":"bbg://securities/0850692D%20FP%20Equity","_id":"0000018f-5367-d4b6-a98f-f777df120000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">European Securities and Markets Authority-bsp-bb-link> is looking into whether mutual funds should be allowed to hold loans, catastrophe bonds and crypto assets.
Binance Says It Was Asked for ‘Secret’ Payment Over Nigeria Woes
<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-5367-d4b6-a98f-f777def70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance Holdings Ltd.-bsp-bb-link> said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in the West African nation.
Revolut Launches UK Crypto Exchange as Digital Assets Recover
British banking app <-bsp-bb-link state="{"bbHref":"bbg://securities/1304654D%20LN%20Equity","_id":"0000018f-5366-d4b6-a98f-f77724350000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Revolut Ltd.-bsp-bb-link> launched its UK crypto exchange, expanding in the digital-assets space after prices recovered in the past year.
Top Crypto Options Desk QCP Gets Abu Dhabi Regulatory Nod
<-bsp-bb-link state="{"bbHref":"bbg://securities/1773977D%20SP%20Equity","_id":"0000018f-52a2-d4b6-a98f-f7b758300000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">QCP Capital-bsp-bb-link>, one of the largest options trading desks for digital assets, won initial approval to operate in Abu Dhabi, becoming the latest crypto firm to expand in the Middle East.
PODCASTS
War in Ukraine and Life-or-Death Choices for Big Law
Big Law's Addiction to 'Prestige' Numbed by Pandemic (Podcast)
Want to Diversify Big Law's Pipeline? Start With Law Schools
Can Big Law Get It Right for Black Lawyers?
EXPLORE BLOOMBERG LAW
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: