Legal / Fraud

CFPB Extends Compliance Dates for Section 1071

The Consumer Financial Protection Bureau (CFPB) issued an interim final rule to extend compliance deadlines for the small business lending rule. The recent interim final rule follows the recent Supreme Court decision in CFPB v. CFSA. read more

NTSB Issues Investigative Update for Baltimore Bridge Collapse

The National Transportation Safety Board published an investigative update for its ongoing investigation of the March 26 contact of containership Dali with the Francis Scott Key Bridge and subsequent bridge collapse. read more

Labor Law Firms File Class Action Lawsuit Against Lawrence Equipment

The Los Angeles labor law attorneys at Zakay Law Group and JCL Law Firm filed a class action complaint against Lawrence Equipment Leasing and Lawrence Equipment (collectively, Lawrence Equipment) for allegedly failing to provide meal and rest breaks. read more

Womble Elects New US Leadership, Names Benn Chair and CEO-Elect 

Womble Bond Dickinson (US) announced that Merrick Benn has been elected US Chair and CEO, effective January 1, 2025. Currently a member of the firm’s Global Board, Benn will succeed Betty Temple, who has served as US Chair and CEO since 2016. read more

U.S. Attorney’s Office Announces Second Guilty Plea Related to Multi-Million Dollar Commercial Leasing Fraud Scheme

The U.S. Attorneys' Office for the Eastern District of North Carolina announced that Armando Binelo of Pigeon Forge, TN, pled guilty for his role in a $20 million leasing fraud scheme. Daniel Raymond, of Mebane, NC, previously pled guilty to conspiracy to commit mail fraud and wire fraud in relation to the scheme and was sentenced to 84 months in prison. Binelo faces up to 20 years in prison when sentenced. read more

Hengstler Joins Haynes Boone in Rapidly Growing Orange County Office

David Hengstler joined Haynes and Boone’s Orange County office. He is the fifth partner to join the firm’s growing Orange County office since September. read more

Kirby McInerney Files Class Action Lawsuit on Behalf of SVB Financial Investors

Kirby McInerney announced a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired SVB Financial Group securities during the period from June 16, 2021, through March 10, 2023. read more

US District Court Denies Balboa Capital’s Breach of Contract Claims Against Physician Group

Barbara Lynn, chief judge of the U.S. District Court for the Northern District of Texas, denied breach of contract and breach of guaranty claims by Balboa Capital against a group of 16 health care practices in a summary judgement earlier this month. read more

October Chapter 11 Bankruptcy Filing Increase 2% Y/Y, Decrease 32% M/M

According to data provided by Epiq Bankruptcy, commercial Chapter 11 filings increased 2% year over year in October while decreasing 32% on a month-over-month basis. In addition, Subchapter V elections increased 28% year over year and decreased 16% month over month.   read more

Moritt Hock & Hamroff Ranked a Top Law Firms by U.S. News & World Report 

Moritt Hock & Hamroff received national recognition in the 2023 "Best Law Firms" rankings by U.S. News & World Report and Best Lawyers.  read more

Cohn and Dussi Opens New Rhode Island Office

Cohn and Dussi, a full-service business law firm with its principal office in Boston, has opened an office in Providence, RI. read more

Law Firms Robbins, Salomon & Patt and DiMonte & Lizak Merge

Robbins, Salomon & Patt and DiMonte & Lizak merged their Chicago-based law practices to form Robbins DiMonte. The combination expands the firms’ collective capabilities in core practice areas, including business and real estate, finance, litigation and trusts and estates. read more

Marks Joins Messerli Kramer’s Equipment Leasing & Finance Team

Barry Marks, formerly of Marks & Evans, will be joining Messerli Kramer, a law firm based in Minnesota, and its growing team of attorneys in the equipment leasing and finance space. Marks will operate his practice from his Birmingham, AL office. read more

Moritt Hock & Hamroff Places 7 Attorneys on Best Lawyers Listings

A total of seven attorneys from the law firm Moritt Hock & Hamroff were included in the 2022 editions of the Best Lawyers and Best Lawyers: Ones to Watch listings. read more

Cunningham and Perry Join Moritt Hock & Hamroff’s Trusts and Estates Practice

Jennifer Cunningham and Ronald P. Perry joined Moritt Hock & Hamroff’s trusts and estates practice group. Both joined the firm as associates. Cunningham will work in the firm's New York City office and Perry will work in the firm's Garden City, NY, office. read more

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