Legal / Fraud

Wells Fargo CEO Testifies on Company Reforms Before Skeptical Congress

Wells Fargo CEO and President Tim Sloan testified before the House Financial Services Committee, asserting Wells Fargo has become a better bank through ongoing operational reforms. But numerous news services reported this testimony was met with skepticism by Congressional membership. read more

Helmlinger Joins Orrick as Public Finance Partner

Healthcare finance lawyer Robyn Helmlinger joined law firm Orrick as a partner in the Public Finance Group. Helmlinger will be based in San Francisco. read more

Marble Ridge Demands Return of MyTheresa Assets from Troubled Retailer Neiman Marcus

Debt investment firm Marble Ridge Capital sent a letter to the Neiman Marcus board of directors in light of the credit default swap market indicating a greater than 80% probability of default. read more

Former BNY Mellow Legal Exec Goldenberg Joins Reed Smith

Robert Goldenberg joined Reed Smith as counsel in the law firm’s Financial Industry Group. read more

Law Firm Morrison & Foerster Opens Boston Office

Law firm Morrison & Foerster opened an office in Boston to further extend its technology and life sciences capabilities. The move also expanded the firm’s Finance and Emerging Companies and Venture Capital practices. read more

Potter Enters Partnership at Cassels Brock

Carla Potter, co-author of Equipment Financing in Canada, joined the partnership at Cassels Brock & Blackwell in Toronto, Canada. read more

Thompson Hine Elects New Partners

Thompson Hine elected five new partners. David D. Thomas, a member of the Commercial & Public Finance practice group, focuses on commercial financing and advises clients on equipment leasing transactions. read more

Wells Fargo to Pay $575MM to Settle Claims with Attorney Generals

Wells Fargo reached an agreement with all 50 state Attorneys General and the District of Columbia and will pay $575 million to resolve claims. read more

Moritt Hock & Hamroff Welcomes Corey & Lopez

The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in New York City announced that Alex D. Corey and Joan B. Lopez have joined the firm. read more

SGR Adds Global Transport Practice Attorneys to New Miami Office

Smith, Gambrell & Russell, LLP opened its 10th office located in Miami. The office will be led by well-known Global Transport attorney Jeffrey S. Tenen, partner. read more

Brazilian Court Blocks Embraer-Boeing JV Deal

Reuters reported that a federal court in Brazil blocked a proposed joint venture deal between Boeing and Embraer. read more

Vedder Price Represents DLL in $1B+ Securitization

Vedder Price advised DLL in its closing of DLL 2018-2, an equipment securitization transaction involving the issuance of more than $1 billion of asset-backed notes. read more

Vedder Price Named 2019 Equipment Finance Law Firm of the Year

U.S. News – Best Lawyers once again named Vedder Price “Law Firm of the Year” for Equipment Finance in its annual “Best Law Firms” rankings. Only one firm per legal practice area receives this recognition. read more

Wells Fargo and BlackRock Plaintiffs Settle RMBS Trustee Litigation

Wells Fargo and a group of institutional investors, including funds affiliated with BlackRock and PIMCO, reached a settlement that resolves two class action lawsuits. read more

Reed Smith Launches Asset and Equipment Finance Blog

Law firm Reed Smith launched an Asset and Equipment Finance blog, Asset Finance in Brief, edited by New York based Partner, Richard Tannenbaum. read more

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