Law

  • Two now-defunct Bear Stearns investment funds have agreed to end a malpractice suit in New York court accusing Reed Smith LLP of bungling its representation of the funds to the tune of half a billion dollars during a suit against ratings agencies… Read this piece in its entirety at Law360.

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  • The acting head of the U.S. Department of Homeland Security, Kevin McAleenan, is leaving the agency after a six-month stint as its interim leader, President Donald Trump said late Friday… Read this piece in its entirety at Law360.

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  • A New York federal judge axed CVR Energy Inc.’s malpractice suit against Wachtell Lipton Rosen & Katz on Wednesday and said the oil company’s request to retool its complaint “blatantly disregards” an earlier order that limited the scope of revisions CVR was already allowed to make… Read this piece in its entirety at Law360.

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  • U.S. Rep. Elijah Cummings, D-Md., said Thursday that he plans to use his authority as chair of the House Oversight Committee to subpoena top Trump administration immigration officials over a now-reversed policy change that critics said endangered immigrants with serious medical conditions… Read this piece in its entirety at Law360.

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  • The organization that administers the Law School Admission Test will overhaul the section that assesses analytical reasoning as part of an agreement to end a suit brought by a blind prospective law student, who claimed the section discriminates against visually impaired exam takers… Read this piece in its entirety at Law360.

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