Biden's Overtime Rule Faces Trouble Despite Fifth Circuit Nod
Federal courts weighing challenges to the US Labor Department’s overtime pay rule still have to decide how far the Biden administration can stretch its authority, despite the Fifth Circuit’s decision upholding an earlier version of the regulation.
Capital One-Discover Deal Hits Roadblock in Bank Merger Overhaul
New federal guidelines calling for stricter reviews of bank deals are likely to present fresh hurdles for Capital One Financial Corp.'s pending $35 billion acquisition of Discover Financial Services.. The tie-up, announced in February, would create the sixth-largest bank by assets and the largest credit card issuer in the US based on outstanding loans.
Does Congress Have the Constitutional Authority to Codify
May 17, 2022 · Even if Congress passes a law codifying the right to abortion, it may not pass a court challenge claiming the Constitution does not give it the authority to enact such a law, writes former solicitor general of Virginia William H. Hurd. Hurd is now a special member at Eckert Seamans in Richmond, Va. Congress can, however, keep states from preventing women from traveling for abortion, he contends.
Yellow’s Loss in Pension Battle Tees Up New Phase of Bankruptcy
Yellow Corp.'s failure to persuade a judge to throw out billions in pension liabilities answered the biggest question hovering over its bankruptcy and means the bankrupt trucker must now finagle a creditor repayment plan that encompasses those debts.
Boy Scouts Says Bankruptcy Plan Is Unaffected By Purdue Ruling
Aug 8, 2024 · The US Supreme Court’s ruling overturning Purdue Pharma LP’s bankruptcy plan and $6 billion Sackler family settlement should have no effect on the Boy Scouts bankruptcy case, the youth organization said.
Florida Map That Eliminated Black District Deemed Constitutional
Dec 1, 2023 · Florida Gov. Ron DeSantis’ Republican-favoring congressional map was upheld by a state appeals court Friday, with judges rejecting claims that state lawmakers discriminated against Black voters.
PPP Loan Fraud Campaign Warrants Documentation, Internal Review
Oct 7, 2024 · Perkins Coie’s Markus Funk and Sean Solis analyze the government’s campaign against PPP loan fraud, saying affected businesses should seek legal counsel and maintain transparency with stakeholders.
Wall Street Giants in Crosshairs Over Broker Cash Sweep Accounts
Legal scrutiny is mounting for Wall Street powerhouses including JPMorgan Chase & Co. and Wells Fargo & Co. over allegations they shortchanged millions of clients in their handling of idle cash.. Customers have filed proposed class actions against several big banks and their broker affiliates over “cash sweep” accounts in recent weeks, including an …
Sidney Powell Settles Ex-Dominion Worker's Defamation Lawsuit
Jun 27, 2024 · Former President Donald Trump’s ex-campaign lawyer Sidney Powell has settled a lawsuit alleging she and others defamed and intentionally inflicted emotional distress on a onetime Dominion Voting Systems Inc. employee in the aftermath of the 2020 presidential election.
AI Transcription in Virtual Meetings Brings Risks to Businesses
Jan 22, 2024 · You’ve likely noticed a new presence joining your virtual meetings—artificial intelligence designed to capture the discussion. Transcription services can benefit users by helping them capture notes and allowing for consistent messaging within organizations.